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ECONOMY

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Adrem Invest: A Country’s Economy Is Made Of Major Projects, Not Production Of Screws
Companies

Adrem Invest: A Country’s Economy Is Made Of Major Projects, Not Production Of Screws

Adrem Invest, a Romanian-held company specializing in industrial equipment, says state support for Romanian companies in major international auctions can be key to developing the local indus...

Roxana Petrescu · 06.02.2013 · 00:00 · 3 min
IMF Arrangement At A Turning Point: Reforms Are Stalling, Economy Has Yet To Rebound
Macroeconomics

IMF Arrangement At A Turning Point: Reforms Are Stalling, Economy Has Yet To Rebound

The precautionary arrangement that Romania sealed with the International Monetary Fund in the spring of 2011 and which was supposed to end in April 2013 has reached a turning point: Romania...

Tudor Ioana Raluca · 29.01.2013 · 00:00 · 3 min
Coface: Romania Economy To Grow 1% In 2013
Macroeconomics

Coface: Romania Economy To Grow 1% In 2013

Romania's economy is expected to post modest growth of up to 1% in 2013, from around 0.5% a year earlier, held back by even exports and industrial production, according to estimates of Cofac...

Florentina Dragu · 23.01.2013 · 13:15 · 1 min
Franklin Templeton Sees Romania Economy Growing More Than 1% In 2013
Macroeconomics

Franklin Templeton Sees Romania Economy Growing More Than 1% In 2013

Rebounding consumption and sustained investments may aid Romania’s economy to grow more than 1% in 2013, from around 0.7% estimated last year, according to estimates from Franklin Templeton...

Florentina Dragu · 21.01.2013 · 14:51 · 1 min
World Bank Cuts Romania's Economic Growth Forecast To 1.6% In 2013
Macroeconomics

World Bank Cuts Romania's Economic Growth Forecast To 1.6% In 2013

The World Bank has revised downward its forecast on Romanian economic growth to 1.6% in 2013 from its previous estimate of 2.8%.

Ioana Tudor · 16.01.2013 · 12:26 · 1 min
Danila: If The Monetary Policy Is So Good, Why Is Romania Struggling?
Banks-Insurance

Danila: If The Monetary Policy Is So Good, Why Is Romania Struggling?

After four years during which the Romanian economy has remained under the threat of recession, it would be high time for the central bank to move away from its “wait and see” approach, says...

Neagu Bogdan Mircea · 04.01.2013 · 00:00 · 2 min
50 Trends For 2013
Companies

50 Trends For 2013

Romania's economy will rise 2%. Hidroelectrica will get out of insolvency. Another 150 km of highway will be finalized. Bancpost could merge with Banca Romaneasca. These are just a few of th...

Tudor Ioana Raluca · 03.01.2013 · 11:04 · 6 min
After No Growth In 2012, An Economic Rebound Next Year Is Seen Modest In The Absence Of EU Funds, FDI
Macroeconomics

After No Growth In 2012, An Economic Rebound Next Year Is Seen Modest In The Absence Of EU Funds, FDI

Economic analysts anticipate the economy will grow in 2013, with estimates for an increase of the gross domestic product ranging between 0.5% and 2.2% after the Romanian economy returned to...

Daniela Stoican · 28.12.2012 · 00:00 · 3 min
Social/Politics

Romanian Government Sets Up National Tourism Authority

Romania’s Government on Saturday decided to set up the National Tourism Authority, which will operate within the Economy Ministry and will be coordinated by the minister-delegate for SMEs, T...

Tudor Ioana Raluca · 22.12.2012 · 20:53 · 1 min