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Social/Politics

Romanian Integrity Agency Uncovers Two More Possible COI Cases

Romania’s National Integrity Agency (ANI) called on prosecutors to investigate a possible conflict on interest in the case of deputies Ioan Cindrea and Karoly Kerekes, who hired their relati...

Ioana Tudor · 27.09.2011 · 12:05 · 1 min
Banks-Insurance

Volksbank’s Offer For Mortgage Loans In Detail

Volksbank returns to the market of home loans with interests of 9.61% on leu-denominated loans and of 6.98% on euro-denominated loans after a two-year pause.

Razvan Voican · 15.09.2011 · 00:00 · 2 min
Energy

Oltchim Asked To Discuss Interest Rate For Aid Refund

The Romanian government asked state-owned chemical company Oltchim (OLT.RO) to agree with privatization authority AVAS on an interest rate for the EUR134 million it owes as state aid refund.

Andrei Cîrchelan · 17.08.2011 · 16:43 · 1 min
Bankers Raise Leu Consumer Loan Rates Again
Banks-Insurance

Bankers Raise Leu Consumer Loan Rates Again

Bankers raised consumer loan interest rates in June, after having displayed one-digit nominal interest rates in spring, even though they are still complaining about a lack of clients. The ex...

Ciprian Botea · 03.08.2011 · 00:00 · 2 min
Greek Banks Raise Deposit Interests, While Big Banks Are Lowering Them
Banks-Insurance

Greek Banks Raise Deposit Interests, While Big Banks Are Lowering Them

The thirst for liquidity of small and mid-sized banks has led to the re-emergence on the market of offers of leu-denominated deposits with interests of 7.5% to 7.75% a year, even though the...

Liviu Chiru · 11.07.2011 · 00:00 · 1 min
Banks-Insurance

Greek Banks Offer High Interests On Deposits Again

Greek-controlled banks have returned with generous offers for deposits, paying interests of over 8% a year on leu-denominated deposits and of 4% a year on euro deposits. This is the first vi...

Liviu Chiru · 21.06.2011 · 22:00 · 1 min
Banks-Insurance

Euribor Rise Starting To Affect Borrowers In Euros

Holders of euro-denominated loans should prepare to pay higher installments because this month most banks will reset interests on loans whose cost is tied to the Euribor indicator, which has...

Ciprian Botea · 02.06.2011 · 00:00 · 1 min