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The first vice president of PDL, Teodor Stolojan, said today that the International Monetary Fund assistance could be delayed due to the Constitutional Court overturn of the 15% pension cut...
The Government is discussing a back-up set of austerity measures with the International Monetary Fund, European Commission and World Bank, Prime Minister Emil Boc said earlier today, adding the...
Today's ruling by the Constitutional Court will lead to a delay to the International Monetary Fund assistance, said Kenneth Orchard, Moody’s analyst, who added that Romanian...
Managers of companies anticipate a relative stabilization in the activity of manufacturing and constructions industry, and a moderate decline in retail trade and services compared to the previous...
The National Bank of Romania will leave key rate at 6.25% in the rate-setting session on June 30, says the senior economist at ING Bank Romania, Nicolae Alexandru Chidesciuc, who added that the...
More than half (63%) of construction industry representatives say price renegotiation is the main measure to improve cash flow. In the services sector, players focus on both price renegotiation and...
A VAT hike will boost inflation rate and further toughen access to lending, analysts of X-Trade Brokers Romania said.
The association formed of the former board of Executive MBA of CEU Business School, that made an exit from the local market earlier this year, will bring in Romania, the EMBA program of the Dutch...
Franklin Templeton Investments applauded the Romanian Parliament’s approval last week of Ordinance 81, which paves the way for the listing of Fondul Proprietatea on the Bucharest Stock Exchange.
Musat & Asociatii is the only law firm included in Chambers & Partners’ Euro Top 100 Survey based on comments received from Europe’s leading 100 companies by market cap (FTSE...
Intesa Sanpaolo Bank raised its capital by 125 million lei (€30 million) in a rights issue underwritten by its sole shareholder – Intesa Sanpaolo Group.
The National Bank of Romania set a reference rate of 4.3257 lei against euro, the highest year to date , due to political uncertainties in Romania.
Venture Connect forum ( www.venture-connect.ro ) held recently its inaugural event, attended by twenty investors and thirty Romanian entrepreneurs.
Stocks at the Bucharest Stock Exchange posted loss in today’s trading, the most liquid stocks taking the brunt of the market decline.
Bogdan Belciu, director of consulting firm A.T. Kearney Romania, will step down from his post later this month, after eight years in the consulting market.
The number of building permits issued by municipalities dropped 20.1% in the five-month period into May 2010 to 15,278 from the same period of last year, data from the National Institute of...
BDO Audit has decided to relocate its corporate headquarters to Victory Business Center building in the vicinity of Muncii Square, said Colliers International, the real estate adviser in the...
The reexamination of certain provisions of the law regarding measures aimed at restoring the balance in public finances, following the Constitutional Court ruling, has been passed by the Parliament...
The low-cost airline Blue Air said it would introduce as of July 1 its online check-in service offering passengers the possibility of booking a flight up to three hours before takeoff.
The Minister of Finance, Sebastian Vladescu said the board of International Monetary Fund will meet on Friday, July 2 to decide whether to disburse the fifth next tranche to Romania.
The National Bank of Romania set a reference rate of 4.3526 lei versus euro – a new record low for the national currency after hitting an all-time high yesterday of 4.3257 lei versus euro.
A mission from the International Monetary Fund will return to Bucharest on July 20 to assess the first-quarter economic performance of Romania, said Sebastian Vladescu, minister of public finance.
Romania is not the only country in the European Union to hike VAT to tackle the ballooning budget deficit. Greece, Portugal, Finland, and other Member States decided to raise VAT as of July 1....
Stocks at the Bucharest Stock Exchange fell sharply today, the biggest decline being recorded by the five financial investment companies (BSE:SIF).