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Annual inflation rate dropped in May to 5.95%, from 6.45% in April, on food price decline and mild increase in prices for non-food products and services, National Institute of Statistics show.
Franklin Templeton Investment Management Ltd has won the race for FP’s asset management, after being selected by the special commission assigned by FP, said Enache Jiru, chairman of the...
Europe and Asia-pacific take different approach in view of global recession KPMG international survey found. Companies in Japan, Singapore, India are more advanced in post-recession planning, while...
The benchmark exchange rate posted by the central bank today inched down by 0.29 percent to 4.1998 lei per euro, but the leu swayed throughout the session even above 4.20 per euro, on regional...
Visa Europe and its affiliated banks in Romania are proposing a new round of initiatives to combat the underground economy, through electronic payment systems, reads a press release remitted by Visa.
The use of internet banking services is expected to grow by 15% by 2010 in case of small companies in Romania and by 12% in case of medium and large sized companies, a recent GfK Romania survey found.
IMF representative for Romania and Bulgaria, Tonny Lybek said Romanian economy had failed to meet IMF’s forecasts in first quarter and that IMF mission due to arrive in August would assess...
The leftist coalition PSD+PC picked up 11 seats at the European Parliament (EP) elections on June 7 while the center-right PDL followed by narrow margin with 10 seats, final results of the Central...
Romania's national currency, the leu, appreciated slightly by 0.05 percent to a benchmark exchange rate of 4.1977 against the euro, as the national currency's float was reduced on a market...