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BUCHAREST

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Barbu Vacarescu-Floreasca: Bucharest’s New EUR1B Real Estate Hub
Real Estate

Barbu Vacarescu-Floreasca: Bucharest’s New EUR1B Real Estate Hub

The development of Bucharest’s new real estate hub has started for several years on an about 500-meter radius around Aurel Vlaicu underground station, which could attract investments estimat...

Neagu Bogdan Mircea · 09.11.2012 · 00:19 · 1 min
Bucharest Land Prices Fell By Up To 80% Since 2008 - Survey
Real Estate

Bucharest Land Prices Fell By Up To 80% Since 2008 - Survey

Land prices in Bucharest and in nearby areas have dropped by as much as 80% since 2008, according to realty ad portal imopedia.ro.

Ioana Tudor · 29.10.2012 · 11:51 · 1 min
Companies

Bucharest City Hall Gets Financing To Build Tunnel

Bucharest general mayor Sorin Oprescu and Development Minister Eduard Hellvig on Friday signed a contract financing the construction of an underground passageway in southern Bucharest.

Ioana Tudor · 26.10.2012 · 17:48 · 1 min
Fitch Affirms City Of Bucharest Ratings At BBB-
Macroeconomics

Fitch Affirms City Of Bucharest Ratings At BBB-

Fitch Ratings on Friday affirmed the Romanian City of Bucharest's long-term foreign currency rating at 'BBB-', the long-term local currency rating at 'BBB' and the short-term foreign currenc...

Bogdan Neagu · 10.08.2012 · 18:41 · 2 min
Bucharest Less Expensive For Expats In 2012 - Survey
Banks-Insurance

Bucharest Less Expensive For Expats In 2012 - Survey

Bucharest is the world’s 176th most expensive city for expatriates, and the cost of living in the Romanian capital decreased this year compared to 2011, when the city was ranked 152nd, accor...

Ioana Tudor · 12.06.2012 · 17:29 · 1 min
Democrat Liberal MP Silviu Prigoana To Run For Bucharest Mayor
Social/Politics

Democrat Liberal MP Silviu Prigoana To Run For Bucharest Mayor

Romanian MP Silviu Prigoana will run for Bucharest mayor seat as a member of the country’s ruling Democratic Liberal Party PDL, the party’s Bucharest branch head Elena Udrea said Saturday.

Ecaterina Craciun · 31.03.2012 · 16:47 · 1 min
Bucharest’s Fictional Budget Based On 30% Higher Revenues Than In 2011
Social/Politics

Bucharest’s Fictional Budget Based On 30% Higher Revenues Than In 2011

Bucharest's general council has approved the city's budget more than a month and a half after the legal deadline, an extremely optimistic budget even for this election year, with revenues ex...

Radu Bostan · 26.03.2012 · 00:00 · 1 min
S&P Cuts Bucharest To ‘BB’ And Withdraws Ratings
Banks-Insurance

S&P Cuts Bucharest To ‘BB’ And Withdraws Ratings

Standard & Poor's Ratings Services Tuesday said it has lowered its long-term issuer credit ratings on the Romanian City of Bucharest to 'BB' from 'BB+' and subsequently withdrew its ratings,...

Florentina Dragu · 20.03.2012 · 17:36 · 1 min
The Map Of Bucharest’s Largest Empty Plots
Real Estate

The Map Of Bucharest’s Largest Empty Plots

The plot behind the Casa Radio and the plot on the Unirii Boulevard on which the future Esplanada city center should be developed, each stretching onto 10 hectares, are, by far, the largest...

Cristi Moga · 12.03.2012 · 00:00 · 2 min