Analysis
Press Review - December 28, 2018
Bucharest Stocks End Thursday in the Red Romanian stock indices ended in the red on Thursday in slightly lower turnover, with the main BET index losing 0.13%. Electrica (-1.8%) and OMV Petro...
Press Review - December 27, 2018
PM Dancila Sends Christmas Message To Romanians Prime Minister Viorica Dancila on Monday sent Romanians a message on the occasion of the Christmas holiday, wishing them good health, peace, a...
Press Review - December 24, 2018
Weather Report For Christmas Days The first two days of Christmas will see poor and temporary snowfall and only in the regions of Transylvania, Maramures and Moldavia. According to meteorolo...
2018 in Review: Banking Sector
Record profitability, continued consolidation and restructuring, improvement of portfolio quality following sales of nonperforming loans, and lending rebound. 2018 came with a new inflation...
Central Bank: Banking Sector Has Limited Capacity to Sustain Current Profitability Long Term
The Romanian banking sector, which consists of 35 banks, in its present structure has a limited capacity to sustain the recent profitability over the long term, the central bank said in a re...
Press Review - December 21, 2018
Bucharest Stocks Continue Dive Thursday Romanian shares ended Thursday's session with a 1.91% drop in its main index, after massive falls on Wednesday. Romgaz (-6.91%) and Fondul Proprietate...
Foreign Investors Council: Hazardous Changes To Affect Economy Deeply
The Foreign Investors Council (FIC), which consists of 123 member companies whose total investments in Romania amount to nearly EUR35 billion, warned Thursday the government's tax plans will...
SME Council Urges Govt to Improve Tax Collection Instead of Adding New Taxes
Romania's SME council CNIPMMR firmly opposes the government's plans to levy new taxes and recommends improving tax collection and public services, the organization said in a statement Thursd...
Press Review - December 20, 2018
Bucharest Shares Plummet Wednesday, Wipe Out Year's Gains The main index of the Bucharest Stock Exchange lost 8.6% by midday Wednesday, in just two hours of trading, losing the entire year's...