Analysis
Third Quarter Macroeconomic Data Restores Analyst Optimism About Full-Year Growth
The better than expected economic growth in the third quarter, which President Traian Basescu puts at 3%, is driving analysts’ estimates for the entire year up towards 2% compared with 1.5%...
What Romania Must Learn From The Sovereign Debt Crisis: Keep Public Debt Under Control
From 2005 until 2010 Greece’s public debt as a percentage of GDP grew from 100% to 150%. In less than a year, the debt went up by a further ten percent, and is currently at 160% of GDP, whic...
Managers Say Economic Activity To Remain Stable In Q4
Romanian companies estimate economic activity will remain fairly stable in the fourth quarter of 2011 from a quarter before, with the retail sector set up to grow modestly, the statistics in...
Most Companies In Romania To Boost Investment Over Next Five Years
Most companies in Romania are planning to widen their investment and increase staff by more than 50% over the next five years, according to a study by the American Chamber of Commerce in Rom...
World Bank: Romanian State Cos Receive Major Subsidies But Cause Massive Losses
One quarter of the 154 monitored Romanian state-owned enterprises have incurred losses of as much as hundreds of thousands of lei per employee, while only 14 companies have posted profit abo...
Croitoru, BNR: Europe’s Bailout Fund May Not Be Large Enough
The market has plenty to chew on now that the EU leaders have announced a new set of measures to tackle the lingering sovereign debt crisis, but there might be some concern over the efficien...
Can BVB Help Romanian Entrepreneurs Build A Strong Bank?
Eastern European countries need to encourage local banks, and where there aren’t any, they may have to build them from scratch, in order to have an alternative to the financing offered by fo...
Bucharest Spa-Goers Spend Over EUR1,000 A Year On Membership Cards
At least 10,000 people go to luxury wellness centers in Bucharest and spend EUR10 million to EUR16 million in fitness studios, saunas and spas, reveals a ZF analysis, which calculated the fi...
Romania Among Most Vulnerable Countries If Euro Zone Banks Repatriate Capital
Romania is the fourth most vulnerable country if euro zone banks decide to cut their exposure, with debts to such lenders amounting to around 38% of GDP, according to an analysis of UK’s Bar...