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Despite the economic recovery signs in USA and Europe, post-crisis effects still weigh on country’s ability to finance their current account budget deficits, Erste Bank said in a report.
National newspaper sales fell across the board in the first quarter 2010 compared to the same period of last year, data from the Romanian Circulation Audit Bureau (BRAT) show.
ING bank has reduced its 2010 economic growth forecast for Romania from 0.9% to -1.4% and expects the GDP growth to return in the positive territory as late as inn 2011, the bank said in a report.
Office rents fell further this year, by 5% in the first quarter to below €10.sqm for decentralized locations, and are expected to remain subdued at least until mid this year when they will...
Around 3,000 unionists will stage a protest in front of the Parliament, when the Government will assume liability for the austerity package, and another 20,000 public sector workers will take part...
A&D Pharma, the largest drug distributor, said it would open its first private clinic in Bucharest, under Anima brand.
Few weeks after the acquisition of Pravion.ro, Spain-based private equity firm GED expands its reach into the Romanian travel industry by acquiring a majority stake in Travel House, company...
The National Bank of Romania set a reference rate of 4.2051 lei/euro, up 0.45% from yesterday.
The Money Channel has named Daniel Apostol as chief executive of the news channel, with effect from June. He will succeed Sorin Freciu, recently appointed as chairman of the board at...