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Home Prices In Romania’s Largest Cities Hit New Record-Lows In July
Real Estate

Home Prices In Romania’s Largest Cities Hit New Record-Lows In July

The average price of homes up for sale in Romania's capital city Bucharest and in five other large cities in Romania went down by 1.2% on the month in July 2012, which translates into the bi...

Ecaterina Craciun · 06.08.2012 · 14:05 · 2 min
Chitoiu: Industrial Consumers To Buy Electricity At Lower Prices
Energy

Chitoiu: Industrial Consumers To Buy Electricity At Lower Prices

Romanian Economy Minister Daniel Chitoiu Friday said non-household consumers will be able to purchase electricity at lower prices compared with market levels, but the measure will be applied...

Florentina Dragu · 20.07.2012 · 17:05 · 1 min
Hidroelectrica Wants 74% Raise In Electricity Prices On Regulated Market -Sources
Energy

Hidroelectrica Wants 74% Raise In Electricity Prices On Regulated Market -Sources

Romanian state-owned hydropower producer Hidroelectrica has asked Romania’s National Regulatory Authority for Energy ANRE to approve a 74% increase of prices for electricity sold under regul...

Manuela Panescu · 09.07.2012 · 14:22 · 1 min
Macroeconomics

Analysts See Inflation At 3.7% By Yearend

The increase in consumer prices in June will be 2.1% and the annual inflation rate will go up to 3.7%. These are the estimates of the Association of Financial-Banking Analysts of Romania.

Radu Bostan · 09.07.2012 · 00:00 · 1 min
Romania To Raise Gas Prices By 10% To 12% Annually Until 2018
Energy

Romania To Raise Gas Prices By 10% To 12% Annually Until 2018

Gas prices for household consumers will increase by 10% both in 2013 and in 2014 and by 12% annually between 2015 and 2018, through quarterly adjustments, according to the calendar for dereg...

Ecaterina Craciun · 30.06.2012 · 14:33 · 1 min
Romania To Raise Electricity Prices By 5% On July 1
Energy

Romania To Raise Electricity Prices By 5% On July 1

Romania’s energy regulator ANRE said Friday electricity prices for all categories of consumers will increase by an average of 5% starting July 1st.

Manuela Panescu · 29.06.2012 · 14:30 · 1 min
Apartment Prices In Romania Dropped Up To 4.5% In Jan-June
Real Estate

Apartment Prices In Romania Dropped Up To 4.5% In Jan-June

Apartment prices in six of Romania’s largest cities dropped by up to 4.5% in the first six months of the year, and the decline was sharper on the new flat segment, which fell up to 6.7%, acc...

Ioana Tudor · 26.06.2012 · 11:56 · 1 min
Romanians Pay More For Electronics Than EU Average
Retail&Consumer

Romanians Pay More For Electronics Than EU Average

The prices of consumer goods and services in Romania are 60% of the European Union average, but Romanians pay more for electronics and about the same as the EU average for clothing and perso...

Radu Bostan · 22.06.2012 · 17:17 · 1 min
New Apartment Prices In Bucharest Double Compared To Other Romanian Cities
Real Estate

New Apartment Prices In Bucharest Double Compared To Other Romanian Cities

New apartment prices in capital city Bucharest are, in some cases, even double the prices of new apartments in other big cities in Romania, although Bucharest has seen the highest decline in...

Ecaterina Craciun · 13.06.2012 · 12:02 · 2 min