Analysis
Fitch: Forex Lending Could Resume Upward Trend In Romania
Fitch Ratings Thursday warned Romania could see a new spike in foreign currency lending due to prolonged high inflation, which forces the central bank to keep interest rates above eurozone l...
Fitch Sees Moderate Risks Of Fiscal Slippage In Romania Next Year
Romania faces a “moderate risk” of fiscal slippage around the election period in 2012, which could put downward pressure on the sovereign ratings, Fitch Ratings said in a report Thursday.
Trade Registry: Company Insolvencies Down 4% In Jan-July
Romania's Trade Registry Thursday said 12,703 companies filed for insolvency in the first seven months of 2011, down 4% from 13,183 companies in the same period a year earlier.
Fund With EUR14M Capitalization Becomes Largest Shopping Center Owner
London-traded Argo Real Estate Opportunities Fund (AREOF) has a capitalization of just EUR15 million, but is about to become the largest owner of shopping centers in Romania, after acquiring...
Pension Reform Widens Pension Fund Gap By EUR1B. What Did The Reform Mean, Then?
The much-talked about pension reform is adding EUR1 billion to the pension fund gap. While last year, during discussions about the new pension law, officials maintained reform would mean add...
Luxury Sedans See Largest Rises On Car Market
The premium and luxury automobile segments left the crisis behind in the first half of this year, even recording two-digit sales increases, while sales of cars designed for the “middle class...
Debt Crisis Wave Warns Politicians To Slash Budget Expenditure
Most analysts, bankers, managers and businesspeople contacted by Ziarul Financiar over the past two days say that the EU is the most seriously affected by the new crisis wave and the impact...
Romanian Entrepreneurs: We’re Trained To Deal With New Economic Crisis
Romanian entrepreneurs say they have restructured, refinanced and learned from the past three years of crisis, so that they are “trained” to cope with renewed economic slippages.
Multinationals Hike Wages By 6% This Year
At least 150 multinationals present on the Romanian market made average salary increases of 6% for all employees this year, according to preliminary results of a wage survey conducted by Mer...