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Export Growth Slows To A Halt In December
Macroeconomics

Export Growth Slows To A Halt In December

Romanian companies exported a record EUR45 billion in 2011, 20% more than the previous year. Yet shipments abroad showed signs of a slowdown in the last quarter.

Radu Bostan · 10.02.2012 · 00:00 · 3 min
Romanian Business Community Unfazed By Government Resignation
Analysis

Romanian Business Community Unfazed By Government Resignation

The Boc Government has taken good measures as well, but many of them came too late and were not well enough communicated, and the resignation will defuse the social and political tension, ac...

Andrei Cîrchelan · 06.02.2012 · 16:35 · 5 min
Foreign Banks Cut Exposure To Romania By EUR2.6B In 3Q
Banks-Insurance · International Statistics Contradict Bankers

Foreign Banks Cut Exposure To Romania By EUR2.6B In 3Q

The Austrian banks cut exposure to Romania by some EUR1.9 billion in the third quarter of 2011 compared with the mid-year level, due to pressures to reduce vulnerability to risk and consolid...

Radu Bostan · 02.02.2012 · 00:00 · 2 min
Companies

Who Keeps Track Of Romanian Entrepreneurs In The Local Economy?

Portuguese-held Martifer, Greek-held Olympus and US-held Delphi in 2011 made the largest greenfield investments in the Romanian economy, according to a ranking supplied by the Economy Minist...

Radu Bostan · 02.02.2012 · 00:00 · 4 min
Investment Funds In Fierce Competition With Banks Over Savings In 2012
Banks-Insurance

Investment Funds In Fierce Competition With Banks Over Savings In 2012

Raiffeisen Asset Management, with over EUR650 million in assets under management, estimates its assets will increase by several tens of million of euros this year, because of fierce competit...

Oana Gavrila · 30.01.2012 · 00:00 · 2 min
Danske Bank: Romanian Central Bank Is Well Aware Of Economy’s Weak Growth
Banks-Insurance

Danske Bank: Romanian Central Bank Is Well Aware Of Economy’s Weak Growth

The Romanian central bank (BNR) will cut its key interest rate by a further quarter of a percentage point at Thursday’s monetary policy meeting, considering that the Romanian economy needs s...

Oana Gavrila · 30.01.2012 · 00:00 · 1 min
Growth Through Competitiveness
Analysis · Dr. Guido Westerwelle, German Foreign Minister

Growth Through Competitiveness

The debt crisis has turned into the most serious crisis of confidence in the European Union's history. Citizens and investors are asking themselves: is Europe doing enough to prevent the cri...

ZF English · 27.01.2012 · 14:26 · 5 min
Biggest Bankruptcies: Crisis Brought Three Malls And Several Retail Businesses To Their Knees
Retail&Consumer

Biggest Bankruptcies: Crisis Brought Three Malls And Several Retail Businesses To Their Knees

Bankruptcy has not affected many major businesses in the past three years, only around 20, shows a ZF review of the biggest bankruptcies in the past three years.

Radu Bostan · 26.01.2012 · 00:00 · 5 min
Lawyers: Restricting Right To Foreclose State's Shares Is Unconstitutional
Analysis

Lawyers: Restricting Right To Foreclose State's Shares Is Unconstitutional

The Romanian Government's plan to suspend for five years its creditors' right to seize or place distraint on shares in state companies is in breach of the Constitution and of EU law, and wil...

Radu Bostan · 25.01.2012 · 16:47 · 7 min