Arhiva stirilor, noutatilor si articolelor publicate in sectiunea English-Version pe Wall-Street in luna Septembrie 2009.
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The delinquency volume for loans 30 past due zoomed in 77% year to date, now hovering near 2 bln lei. Compared to a year earlier, the delinquency volume for loans one month past due surged 180%,...
The Board of the National Bank of Romania will likely move to cut benchmark rate by another 0.5 basis points to 8percent at its scheduled rate-setting meeting and cut the reserve requirement for fx...
Prime Minister Emil Boc said today he had informed and consulted the coalition on the removal of Dan Nica as Minister of Interior and Deputy Prime Minister.
The mix of resources, policy flexibility, and more focused conditionality has allowed the International Monetary Fund (IMF) to better support Eastern European countries hit by the recent global...
Romanian economy is likely to keep shrinking by 7.5% in 2009, and an economic revival could take hold in 2010, with 1% growth in GDP, according to forecasts of Economist Intelligence Unit. However,...
The benchmark exchange rate set by the National Bank of Romania fell 0.22 percent to 4.1953 lei per euro, the lowest level of the past three months, following high demand of lei on the market,...
Real estate portal TopEstate.ro today launched an online real estate index that determines the price of a property based on the median real estate value of the area or by comparing the median home...
A&D Pharma, Romania’s largest pharma retailer, has confirmed it is in talks with Ozone to acquire its pharmaceutical operations across five Central and Eastern European countries (Poland,...
Financial system in Romania has changed dramatically over the past 12 months, with the banks’ resources steered towards restructuring non-performing loans. Patrick Gelin, chairman and chief...
Even if in theory, one of the “side effects” of a cash-strapped economy is the increase in savings among individuals, the share of Romanians in the city population who don’t save...
The policymaking board of National Bank of Romania had decided today to cut the monetary policy rate by half a percentage point to 8% and to keep the requires reserve ratio for leu and FX...
Rompetrol Downstream, fully owned by Kazakh-based KazMunaiGaz said it would cut today the prices for petrol and diesel by 0.08lei/liter and 0.07lei/liter respectively.
Passenger traffic aboard all international airline flights slowed down its month-on-month decline, standing at only 1.1percent below year-ago levels, according to data provided by the International...
Romanian businessman Gabriel Stan, who holds several distribution companies, has invested €30mln in a residential project in Brasov that comprises 144 apartments.
Lehman Brothers’ collapse didn’t only triggered a sharp decline in newspapers and magazines’ circulation and revenues, but also a repositioning of editors towards their products:...
The official exchange rate set by the National Bank of Romania dropped 0.24 percent to 4.1851 lei per euro, the lowest level of the past four months, after BNR decided to cut the monetary policy...
Aviva Investors, affiliated asset manager to Aviva plc., marked one year since the integration of eight existent operations from across the globe under a single asset management business and has...