RECESSION
24 articole · RSS
Entrepreneurs Still Cling To Pre-Crisis Prices, Say Investment Bankers
Several hundred companies are for sale on the Romanian market, most of them SMEs, but the number of done-deals is extremely low compared with the 2007-2008 period, when investment funds and...
Way Out Of Recession As Seen By Foreign Investors
The Foreign Investors Council (FIC) proposes the return to a 19% VAT as a solution to revive consumption and economic growth, reducing social security contributions and increasing the absorp...
Romania Could Slip Back Into Recession Anytime, PM Says
Romania could slip back into recession anytime next year, Prime Minister Emil Boc said Tuesday, adding the Government needs to continue its restructuring measures and prioritize investments.
Exit From Recession Becomes Imperceptible
The gross domestic product growth of just 0.2% in the second quarter against the first points to a significant slowdown, although the Romanian economy remained in positive territory for the...
Steel Industry Between Massive Layoffs And 50% Wage Raises In Recession
The employees of steel companies, whose businesses made a significant recovery from the crisis thanks to a surge in exports, were among the most privileged in terms of wage raises during the...
EBRD: Greece’s Troubles Unlikely To Send Romania Back Into Recession
Greece’s seemingly turn for the worse is unlikely to push Romanian economy into recession, according to Peter Sanfey, lead economist at the European Bank for Reconstruction and Development.