ECONOMIC CRISIS
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Analysis: Retailers Brace For Possible Economic Crisis
Retailers are preparing for a possible economic crisis, according to an analysis by Romanian email marketing agency White Image.
JLL: Real Estate Investment Hit EUR1.25B Threshold In 2022, A Record High Since 2008 Economic Crisis
The volume of transactions with commercial real estate assets worth at least EUR5 million totaled around EUR1.25 billion in Romania in 2022, 40% more than in 2021, of which almost EUR600 mil...
The Prospect Of A Global Economic Crisis Hinders Development Of Romanian IT Market
The war in Ukraine has changed the dynamics of the Romanian IT industry – from a high demand for programmers and projects that required fast delivery, to a sudden drop in demand, triggering...
Survey: 77% of Romanians Expect Economic Crisis In 2022
Most Romanians (77%) fear a possible economic crisis in 2022 and the rising consumer prices represent their biggest fear, in line with a survey conducted by Avangarde.
Economic Crisis Boosts Employee Numbers In Romania’s IT Industry
The number of employees in Romania’s information technology (IT) industry reached 38,300 at the end of April, 3,000 more since the beginning of the year, while the number of employees in the...
Equity Funds Lost 1,400 Investors In Four Years
Equity funds are still impacted by the economic crisis caused by the Lehman Brothers collapse in September 2008, which brought them losses yet to be recouped and drove hundreds of investors...
Erste CEO: Romania's "Brutal" Austerity Measures Show Good Coping Mechanisms
The austerity measures taken in Romania were "brutal", unthinkable in a Western country such as Germany or France, but people in the East "have learned to live with brutality", according to...
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.