Romania
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Romania Spent Only 25% of EU Funds Allocated for Large Infrastructure Projects
Romania absorbed only 25% of the funds allocated by the European Union for major infrastructure projects. The biggest infrastructure projects funded with EU funds include the rehabilitation...
Nadeem Ilahi to Oversee IMF Offices in Romania and Bulgaria
Romania and Bulgaria will be coordinated as of September 1, 2019 by the International Monetary Fund Regional Office for Central, Eastern and Southeastern Europe, headquartered in Warsaw, Pol...
Romania To Boost Capital Held In International Bank For Reconstruction And Development
Romania, through the Finance Ministry, will be boosting the capital it holds in the International Bank for Reconstruction and Development (IBRD), by subscribing a total 1,344 shares, within...
Private Equity Firms Invested Only EUR311M in Romania in 2018, 40% Less Than in 2017
Private equity firms invested EUR2.7 billion in the region last year, and Romania got only 11.5% of the money or EUR311 million. Poland and Czech Republic, on the other hand, got more than o...
Romania Ranks Third In CEE By Value Of Real Estate Transactions In 1H/2019
The value of real estate transactions grew nearly 6% in the first half of 2019, to approximately EUR410 million, accounting for nearly 10% of the total volume of investments in Central and E...
Andreas Treichl Says Romania Not Ready For Introduction Of Euro
Romania is not ready for the introduction of the euro and Bucharest authorities ought to consider this carefully, Andreas Treichl, CEO of Erste Group, which owns Romanian lender Banca Comerc...
Erste CEO: Romanian Banking System Works Very Well, Boasts Very Good Banks
The Romanian banking system is doing very well, boasting very good banks, Andreas Treichl, CEO of Erste Group, which owns Romanian lender Banca Comerciala Romana (BCR), said Wednesday, in Vi...
Commercial Vehicle Registrations In Romania Inch Up 0.9% YoY In June 2019
New commercial vehicle registrations in Romania inched up 0.9% on the year in June 2019, and the European market saw a 2.8% increase, data from the European Automobile Manufacturers Associat...
Moody’s Sees Romania’s Economy Growing 3.3% In 2019 And 3.5% In 2020
International rating agency Moody’s forecasts, in its latest report, an economic growth of 3.3% in 2019 and of 3.5% in 2020, respectively, for Romania, below the potential rate estimated at...