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BRD SocGen, Romania’s second biggest bank in terms of assets reported 1.36 billion after-tax consolidated profit (nearly 370 million euros), up 46% from a year earlier, the bank announced.
Romania's leu resumed the downfall through the end of the day to 4.3050 versus the single European currency, after losing ground in line with other emerging currencies in the region, on a higher...
Romania’s balance-of-payments CA posted a deficit of 16.877 billion euro in 2008, up by merely 1.2% from a year earlier, after the CA deficit deepened by over 60% in 2007 versus 2006,...
Applied Economy Group plans on collecting 100,000 signatures for the private pension insurers to secure an annual yield at least equal to inflation rate, a measure deemed necessary in current...
In December, Romania’s industrial production fell 17.5% compared to a year-ago period, above the European Union average, of 11.5% and euro area average of 12%, Eurostat announced today.
The national currency is likely to end year at 4.50 lei against euro, up from 4 lei/euro at the end of 2008, and the average exchange rate in 2009 may reach 4.50 lei/euro rate this year, above...
With the BSE liquidity sinking into a black hole and investors’ appetite for trading going bust, speculations on Forex market are now becoming an interesting alternative. In an interview to...