Analysis
Romania Central Bank: Class Actions Against Banks Won’t Undermine Financial Stability
Romania’s central bank has notified the Justice Ministry of its conclusions regarding an impact study of potential collective lawsuits against commercial lenders, which shows the financial s...
Press Review - September 6, 2013
Antonescu Says Holding Referendum Over Stray Dogs In Bucharest Is Useless Senate Chairman Crin Antonescu said holding a referendum in Bucharest over the issue of stray dogs is useless. He sa...
Modern Retailers Set To Open More Than 100 Stores In Time For Winter Holidays
Foreign retail chains are trying to boost revenue at the end of the year relying on the renewed consumer spending appetite around the holiday season after a slow summer.
Press Review - September 5, 2013
Local Democrat Liberal Officials In Dambovita County Shun Party President Democratic Liberal Party president Vasile Blaga has met with protests inside his own party as democrat liberal mayor...
Decline Of Investments Weighs Down On Romania's Economy
Romania’s economic growth would have been 3% in the first half of the year if investments had at least been flat.
Romania Climbs Two Spots To 76 In WEF's Competitiveness Ranking
Romania climbed two places to 76th in a global competitiveness ranking released by the World Economic Forum on Wednesday.
Press Review - September 4, 2013
Liberal MPs Ovidiu Silaghi And Eduard Hellvig Resign From Parliament Liberal MPs Ovidiu Silaghi and Eduard Hellvig have resigned their seats in Parliament, Chamber of Deputies speaker Valeri...
Bucharest Apartment Rents Down 4% In August
Apartment rents in Bucharest fell by up to 4% in August, as 10% more apartments were up for rent last month compared with the similar interval a year ago, according to website anunturipartic...
Press Review - September 3, 2013
Antonescu Proposes Changes In Senate Regulations Senate chairman Crin Antonescu said Monday he is proposing changes in the Senate’s regulations. He said he wants to add a provision stating t...