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Weekly Export Risk Outlook, October 23
Analysis

Weekly Export Risk Outlook, October 23

At the start of the last quarter of 2014, economic prospects in the euro-zone remain weak and suggest sluggish GDP growth, Euler Hermes analysts said in the latest Weekly Export Risk Outlook...

Bogdan Neagu · 24.10.2014 · 13:00 · 1 min
Romania Is World's 12th Wine Producer, As Wine Production Drops 20% This Year
Retail&Consumer

Romania Is World's 12th Wine Producer, As Wine Production Drops 20% This Year

Romania's wine production declined 20% this year, to 4.1 million hectoliters, due to unfavorable weather, and ranks 12th among world wine producers, according to the International Organizati...

Oana Gavrila · 24.10.2014 · 11:02 · 1 min
Analysis

Press Review - October 24, 2014

Romania Had Biggest VAT Gap In EU In 2012 - EC Report An estimated EUR177 billion in VAT revenues was lost due to non-compliance or non-collection in 2012, according to the latest VAT Gap st...

Gabriela Stan · 24.10.2014 · 08:38 · 3 min
Romania Had Biggest VAT Gap In EU In 2012 - EC Report
Analysis

Romania Had Biggest VAT Gap In EU In 2012 - EC Report

An estimated EUR177 billion in VAT revenues was lost due to non-compliance or non-collection in 2012, according to the latest VAT Gap study published by the European Commission, of which Rom...

Oana Gavrila · 23.10.2014 · 14:48 · 1 min
Romania Has Third Lowest Government Debt In EU - Eurostat
Banks-Insurance

Romania Has Third Lowest Government Debt In EU - Eurostat

Romania's government debt dropped by RON218 million in the second quarter compared to the first, to RON248.3 billion (38.5% of GDP), making it the third lowest public debt to GDP ratio in th...

Oana Gavrila · 23.10.2014 · 14:04 · 1 min
Price Difference Between New And Old Apartments Halves In Bucharest, Grows In Other Major Cities
Real Estate

Price Difference Between New And Old Apartments Halves In Bucharest, Grows In Other Major Cities

The price difference between old and newly-built apartments in the same area in capital Bucharest has halved to 11% in the first nine months of the year, but the gap widened in other major c...

Oana Gavrila · 23.10.2014 · 12:54 · 2 min
Analysis

Press Review - October 23, 2014

Youths Can Get EUR25,000 For Startup Companies Youths aged between 18 and 25 can get EUR25,000 subventions to start a new business, while students will be supported in developing their entre...

Gabriela Stan · 23.10.2014 · 09:00 · 3 min
Bucharest’s Shopping Center Stock To Reach 1 Mln Sqm Next Year
Real Estate

Bucharest’s Shopping Center Stock To Reach 1 Mln Sqm Next Year

The shopping center stock in Bucharest (malls, retail parks and shopping galleries) will reach one million square meter lettable area next year, sixteen years after the opening of the city’s...

Loredana Frățilă-Cristescu · 23.10.2014 · 02:53 · 1 min
La Fantana: Local Production Is The Key To 5% Economic Growth
Companies

La Fantana: Local Production Is The Key To 5% Economic Growth

“At the moment local output, both of Romanian producers and of foreign investors, regains its well-deserved position in the local economy, then Romania will achieve economic growth of 5%,” s...

Catalina Apostoiu · 23.10.2014 · 02:51 · 1 min