Analysis
Tools For A New Stability Culture In Europe
Amid all the political uncertainty and market turbulence that are becoming a seemingly intractable feature of life in the euro area, there was one bright spot last week in an otherwise storm...
In The Rush For Cash Banks Would Pay Just Anything To Get It
Inflation continued to decline fast in the last few months, going below 4%, yet many banks continue to pay over 7% yearly interests to keep their clients and compensate for the lesser suppor...
Oil Price Decline Had No Effect On Fuel Prices In Romania
The price of the oil barrel has fluctuated heavily in 2011; from a peak of $114.53 in April, it plunged to $76.39 at the beginning of October. This trend, however, did not induce any respons...
Romania’s Chance Is To Become A Software Developer Factory
The most powerful executives in the Romanian IT&C industry agreed at the ZF Digital’11 conference on Tuesday that the market will witness fast development in the coming period and that busin...
Agriculture Sees Highest Rise In Number Of New Companies In First Nine Months
The number of new companies in the Romanian agricultural sector went up by 130% in the first nine months of this year compared with the same time in 2010. This means the number of companies...
EBRD Slashes Romania’s GDP Growth Forecast To 1.1% In 2012
The European Bank for Reconstruction and Development cut the economic growth forecast for Romania, in 2012, by 2.7 percentage points, to 1.1%, citing the high exposure to the Greek economy.
A Measure Of Performance
With much fewer employees compared with the days of economic boom, companies need performance as their need air. “Quality over quantity’ seems to be the formula that employers need to reinve...
Erste: Romania Is More Resilient To Crisis Shockwave Than In 2008
Romania has become more resilient to a shock coming from the euro zone than in 2008, when the collapse of Lehman Brothers and the onset of the crisis threw the local economy into recession.
Gazprom, SOCAR To Battle Local Heavyweights For A Slice Of Romania's Fuel Retail Market
Romania’s fuel distribution market caught the eye of international groups such as Gazprom or SOCAR, even though some 90% of local sales go to four major companies.