Analysis
Romania Has Already Paid EUR1.6B Interest To IMF And EU, Enough For 320 Km Of Highway
Romania’s EUR20 billion rescue package is now eating into the funding that should have gone to highways, railways and hospitals. The central bank and the Finance Ministry got an actual amoun...
Bank Analysts Say Romania Needs New Agreement With IMF As Guarantee For Reforms
Bank analysts say Romania needs a new loan with the International Monetary Fund after the Executive Board of the financial institution completed the last two reviews of Romania’s stand-by lo...
Press Review - June 27, 2013
Romanian President Participates In European Council Summit In Brussels Romania’s President Traian Basescu will be in Brussels Thursday and Friday where he will participate in the European Co...
Drugstore Chains Catena And Help Net Stayed Profitable In 2012, Sensiblu And Dona Switched To Loss
Drugstore chains Catena and Help Net are the only large chains in Romania that stayed profitable last year, with EUR8 million and EUR1.5 million respectively, while Sensiblu and Farmaciile D...
Romanians Buy An Average 200-300 Grams Of Cold Cuts Three Times A Week
Romanians buy 200-300 grams of cold cuts three times a week, on average, and consumption peaks in the fall, according to local meat processor Meda.
Press Review - June 26, 2013
Constitution Revision Committee Amends Article On Ministers’ Immunity The Romanian Parliament’s committee revising the Constitution amended an article concerning ministers’ immunity so that...
Press Review - June 25, 2013
Romanian PM Calls On Politicians Not To Take Advantage Of Tragedy In Montenegro Romanian Prime Minister Victor Ponta called on politicians not to use the motorcoach crash in Montenegro, whic...
Bucharest Among Top 15 Cities With Biggest Drops In Office Occupancy Costs
Bucharest ranks 12tyh in the top 15 cities in the world with the biggest cost reductions in office space occupancy, with a 6.1% drop in the first quarter compared to the same period in 2012,...
EBRD Head: Romania Needs Growth That Can Create Jobs For The Young
The crucial question for Romania is how to make the economy grow, says Suma Chakrabarti, the president of the European Bank for Reconstruction and Development – the international financial i...