PROBLEMS
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Banks-Insurance
Bogza, Bancpost: Romania’s Banking System Hurt By Lack Of Predictability
The lack of predictability in legislation is the main problem the Romanian banking system is facing today, said Mihai Bogza, president of the Foreign Investors Council (CIS), arguing the bills currently under debate are “harmful” to local banks.
Banks-Insurance
BNR: Romania’s New IMF Deal Brings Predictability And Stability To Business Environment
Romania’s new financial package with the International Monetary Fund (IMF) brings predictability, transparency and stability to the business environment, but it also ensures transparency of...
Companies
Construction Sector Faces Funds Cut, Delayed Cash-ins
The major problems faced by Romanian construction sector are the funds cut for the already started projects, the high level of state arrears and the slow pace of paying the debts to entrepre...