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Macroeconomics

Romania Producer Prices Post 4th Largest Growth In EU In March

Romanian industrial producer prices posted the fourth largest annual increase in the European Union in March, official data showed Tuesday.

Florentina Dragu · 03.05.2011 · 13:11 · 1 min
Real Estate

JLL: Bucharest Office Vacancy Rate Falls To 16.1% In Q1

Bucharest office vacancy rate declined to 16.1% in the first quarter, from around 18% a quarter earlier, real estate market researcher Jones Lang LaSalle said in a report Tuesday.

Florentina Dragu · 03.05.2011 · 12:40 · 1 min
Analysis

Eurobarometer: Romanians Slightly Less Pessimistic About Personal Finance Outlook

Around 67% of Romanian households said their financials had worsen in the first quarter of 2011 from the same period a year earlier, but only 43% believe the situation will deteriorate furth...

Florentina Dragu · 03.05.2011 · 12:26 · 1 min
Banks-Insurance

Fighting to Attract Customers, Bankers Become More Tolerant Towards Late Payers

Customers with overdue payments the past year, but who later paid their dues, now find it easier to get a new loan than in the past because, in their search for new customers, bankers have b...

ZF English · 03.05.2011 · 11:00 · 1 min
Macroeconomics

INS: Romania March PPI +1.1% On Month, +11% On Year

Romania’s industrial producer price index rose for a fifteenth straight month in March, fueled by increases in manufacturing and utility sectors, the country’s statistics institute INS said...

Florentina Dragu · 03.05.2011 · 10:17 · 1 min
Real Estate

Asking Prices For Bucharest Apartments Down 13% On Year In April

The average asking prices for apartments in Bucharest dropped 13% on the year in April, realty ads portal anunturiparticulari.ro said Monday.

Andrei Cîrchelan · 02.05.2011 · 13:02 · 1 min
Analysis

Analysts: BNR To Leave Key Rate Unchanged At 6.25% Tuesday

Romania's central bank is likely to leave its key rate unchanged for the eighth straight time at 6.25% a year during its next monetary policy meeting May 3, as it continues to battle high in...

Bogdan Neagu · 02.05.2011 · 12:41 · 1 min
Banks-Insurance

Romania March Overdue Loans Up 1.3% On Month To RON17.8B

Romanian overdue private loans rose 1.3% on the month to 17.8 billion lei (EUR4.4 billion) in March, equal to 8.66% of the total lending, central bank data showed Thursday.

Bogdan Neagu · 28.04.2011 · 17:38 · 1 min
Banks-Insurance

UNSAR: Solvency II To Entail Significant Costs For Romanian Insurers

Romanian insurers will need tens of millions of euros to upgrade IT systems in order to implement the European set of directives Solvency II, Cristian Constantinescu, president of the Romani...

Ioana Tudor · 28.04.2011 · 17:11 · 2 min