growth
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Ponta: The 1.5% Economic Growth Not Sufficient, Romania Must Find Other Markets Than The EU
Prime Minister Victor Ponta is still hopeful that the official economic growth rate of 1.5% in 2012 will prove realistic and believes an optimal GDP growth rate in order for Romania to at le...
The Economist: Greater Concentration In Romania's Banking Sector Is Likely
Bank profitability is expected to remain low in the short term in Romania, as the favorable impact on the banking system of the return to economic growth will come with a lag. But profits wi...
Gabriel Zbarcea: Law Firms Can No Longer See Spectacular Growth In Absence Of Success Fees
Lawyer Gabriel Zbarcea, managing partner of Tuca Zbarcea & Asociatii, says there can no longer be any spectacular increase in the revenue of law firms once a certain level is reached, in the...
Romania Revises 2012 GDP Growth Forecast Downwards To 1.7%
The revision of the economic growth forecast to 1.7% is the first official acknowledgement that the gross domestic product this year will be lower than the expectations in 2011, around which...
Benvenuti Bets On 5% To 10% Growth In 2012
Dan Pavel, the founder and majority shareholder of footwear and accessories retailer Benvenuti, expects sales to grow by 5% to 10% in 2012 after having gone up last year too.
BASF Expects Two-Digit Growth This Year
The local branch of German chemical group BASF, has budgeted double-digit growth for this year, a projection that takes into account the international trends and the trend of the local const...
Analysts Expect GDP Growth Of 2.4%-3% For 2011
Most analysts estimate the economy slowed down in the fourth quarter of last year as a result of the significant deterioration of the industry growth rate amid a slowdown of western economie...
Romanian Life Insurance Market Seen Growing In 2012
Romania’s life insurance market registered growth last year and will follow a similar trend in 2012, representatives of local insurers said Monday.
IMF: Romania's Economic Growth Not Enough To Improve Living Standards
Romania’s economy expanded by 2.5% in the last three months of 2011, the fourth consecutive quarterly growth, but the recovery is not enough to make a lasting imprint on the quality of life...