ECONOMY
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Prysmian CEO: Government Needs To Develop Infrastructure To Allow Economy To Grow
Valerio Battista, who runs the EUR8 billion operations of the world’s largest cable manufacturer, Prysmian, says about Romania that it has made progress in the last few years, though not as...
Romanian Government Expects GDP Growth Of Less Than 3% In 2013-2016
The Romanian Government fails to come with an ambitious and a coherent strategy to stimulate GDP growth, planning economic growth of less than 3% per year in between 2013 and 2016, according...
Analysts Say Economy Will Rise In 1Q, Businesspeople Are Pessimistic
Analysts believe the Romanian economy will remain on the rise in the first quarter of this year and keep their estimates for 2013 gross domestic product, but signals from the economy are les...
Romania Economy Grew Better Than Expected At 0.7% In 2012
Romania’s economy grew at a faster 0.7% than previously estimated in 2012, reflecting a smaller negative impact from industry and a positive contribution of the retail sector, revised data f...
First 100 Days Of Ponta Government: Major Measures To Relaunch Economy Have Yet To Be Seen
In the 100 days in office of the Government led by prime minister Victor Ponta, he presided over 13 government meetings, took five trips abroad, had seven meetings with officials (of the IMF...
Garanti Bank Expects Romanian GDP To Grow 1.7% In 2013
Romania’s economy will likely increase by 1.7% in 2013, from a meager growth of 0.3% a year earlier, helped by stronger investments and a higher absorption rate of European funds, according...
Antonescu: Romania’s New Government Has Yet To Take Economic Recovery Measures
For the first time, a high official of Romania’s ruling coalition admits that businesspeople have every reason to be dissatisfied because the new government has not taken any concrete measur...
Tiriac: Romania Needs Vision To Help Its Economy In Long Run
The privatization of a state-run company can be done even with one leu, one euro or even by paying an investor, but what counts the most is a company’s profitability and its long-term impact...
Romania GDP Growth Slows To 0.2% In 2012
Romania’s economy grew by a meager 0.2% in 2012, a considerable slowdown on the previous year, hurt by a feeble harvest and falling exports to European markets.