Euro Insol, the composition administrator of Liberty Galati (Sidex), communicated, in a letter addressed to the company and Galati Court of Law, that it decided to unilaterally terminate the contract with the steel producer, with the reason being that Romania tax administration ANAF rejected the restructuring plan, with the risk now emerging of bankruptcy procedures being launched.
Romania’s Finance Ministry on Monday, July 7, launched the seventh edition of this year’s TEZAUR Treasury bills program, with one, 3 and 5-year maturities and annual interest rates of 7%, 7.50% and 7.9%, respectively.
Bitcoin sets another record high weekly close as traders determine where the BTC price tops and bottoms will be. Bitcoin (BTC) was inches away from all-time highs after it sealed another record weekly close. Bitcoin traders are eyeing both a return to price discovery and a “false move” to take liquidity at $105,000. The weekly close sealed July as a month for the record books, with “final resistance” now next on bulls’ to-do list. Read more