Analysis
Foreigners’ Net Outflows On Bucharest Bourse At RON44.5M In June
Foreign investors were net sellers on the Bucharest Stock Exchange in June, with total outflows amounting to 44.5 million lei (EUR10.6 million), bourse data showed Tuesday.
Overdue Loan Payments Up 42% On Year To RON17.5B In May
Romanian overdue payments on loans worth at least 20,000 lei (around EUR4,800) rose to RON17.47 billion in May, 42% higher on the year, central bank data showed Friday.
Erste: Greek Capital Withdrawals To Have Limited Impact On Romanian Economy
Romanian economy is unlikely to experience a setback following potential capital withdrawals from Greek lenders, as investors would step in to cover the gap, a survey from Austria’s Erste Gr...
No. Of Romanians With Major Spending Plans Increased From Last Year - Survey
The number of Romanians who have major acquisition and spending plans for 2011 has increased compared to last year, and the main spending plan concerns vacation, according to a survey publis...
Entrepreneurs Who Won The Battle Against The Crisis
Anca Vlad, owner of Catena drugstores, the Marcu family, majority shareholder of Medlife, Sorin Gavrila and Cristinel Lungu, founders of Simba Invest distributor in Bacau, Constantin Toma (G...
Romania Ditches ‘Junk’ Status As Fitch Ups Rating To BBB-
Fitch Ratings Monday upgraded Romania’s long-term foreign currency issuer default rating to ‘BBB-’ from ‘BB’ and long-term local currency rating to ‘BBB’ from ‘BBB-’, citing the country’s pr...
Tourist Arrivals Up 7.4% On Year In May - INS
Tourist arrivals rose 7.4% in May from the year-earlier month, while tourist accommodations were up 3.9% on the year, the statistics institute INS said Monday.
Government Failed To Help Economy With Capital Expenditures During Recession Years
Public investments have been dwindling for two and a half years, from the peak reached in 2008, 26.7 billion lei (EUR6.33 billion), with declines continuing into the first five months of thi...
Managers Expect Growth On All Sectors In Jun-Aug - INS
Managers expect moderate growth in industry, retail and services, and growth in construction for the June-August interval of 2011, the statistics institute INS said in a statement Tuesday.