Analysis
Press Review - March 2, 2015
Legislative Initiative Bans Smoking In Closed Public Areas Romanian lawmakers are currently working on a legislative initiative aimed at restricting smoking in closed public areas. The initi...
Press Review - February 27, 2015
Klaus Iohannis, Angela Merkel Held Talks Over Romania’s Accession To Schegen Area Romanian President Klaus Iohannis on Thursday met German Chancellor Angela Merkel in Berlin and held talks ...
Romania, Europe’s Laggard By Sweets Consumption
The local sweets market in 2014 reached 27,000 tons, almost 5,000 tons (20%) higher than in 2009, but consumption is still considerably lower compared with other European countries, reveals...
Weekly Export Risk Outlook, February 25
The Greek government got more time to negotiate with its creditors, and Germany's economy is poised for a moderate recovery, Euler Hermes noted in this week's Export Risk Outlook report.
Press Review - February 26, 2015
GfK: Romanians Confident That Their Income Prospects Will Improve Romanians are confident that their income prospects will improve but this has not yet had a major impact on willingness to b...
Romanian Pharmaceutical Market Rose 6.8% In 2014, To EUR2.7B
Sales of medicines in Romania rose 6.8% last year, to RON12.3 billion (EUR2.76 billion), higher than expected, according to Cegedim, which revised its forecast for 2015 from +1.8% to +3.5%.
Press Review - February 25, 2015
President Klaus Iohannis Pays First Official Visit To Republic Of Moldova President Klaus Iohannis has paid his first official visit to the Republic of Moldova, which was delayed by one mont...
JLL: Banks Sold EUR2B Worth Of NPLs Last Year, Value Could Rise
Banks in Romania sold non-performing loans with a gross book value of nearly EUR2 billion last year, part of which were guaranteed with property, and the value of such transactions could ris...
Lax Policies Won't Boost Economic Growth - Central Bank Official
Lax fiscal and monetary policies don't necessarily lead to economic growth, central bank chief economist Valentin Lazea said Tuesday, adding economists ignore the experience of past centurie...