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Romanian Association of Banks will meet today with Prime Minister Calin Popescu Tariceanu for talks on the impact of financial crisis over the banking system, said Lazslo Diosi, president of OTP Bank.
Dacia plant will halt production on November 13 and 14 and in November 20 – December 7 2008, after shutting down activity in October for two days, in the context of diluted sales volume.
International rating agency decided yesterday to cut Romania’s rating, cutting it below the investment grade. Fitch’s decision comes about two weeks after Standard & Poor’s...
Financial rating agency Fitch announced it downgraded five Romanian banks, namely BCR, BRD-Groupe Societe Generale, Bancpost, UniCredit Tiriac Bank and Banca Romaneasca, following sovereign rating...
Reaction of Fitch financial rating agency has drawn the attention once again, by downgrading country ratings has highlighted the alarming context of the financial crisis by downgrading country...