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Macroeconomics

Number Of Vacant Jobs In Romania Fell Below 30,000 In 3Q

The number of vacant jobs in Romania in the third quarter of the year reached 27,700, close to that in the previous quarter and down 70,000 compared with the similar interval in 2008, the Na...

Ioana Tudor · 29.11.2011 · 12:25 · 1 min
Romania Budget Gap Narrows To RON13.3B In October
Macroeconomics

Romania Budget Gap Narrows To RON13.3B In October

Romania’s consolidated budget posted a deficit of 13.3 billion lei (EUR3.05 billion) in the first ten months, equal to 2.4% of the gross domestic product, Finance Ministry data showed Monday...

Florentina Dragu · 28.11.2011 · 12:21 · 1 min
Housing Permits Down 13.7% On Year In October, To 2,924
Real Estate

Housing Permits Down 13.7% On Year In October, To 2,924

Romania issued 2,924 buildings permits for residential projects in October, down 24% on the month and 13.7% lower on the year, the statistics institute INS said Monday.

Andrei Cîrchelan · 28.11.2011 · 10:04 · 1 min
Macroeconomics

Managers Expect Increase In Retail, Declines In Constructions and Services In Winter Season

Companies expect retail to see a moderate increase, industry to stabilize, and services and construction to decline between November 2011 and January 2012, the statistics institute INS said...

Andrei Cîrchelan · 28.11.2011 · 10:04 · 1 min
Macroeconomics

One Of The Best-Known FT Analysts Comes To ZF Gala To Talk About Europe’s Future

One of the most reputed economic journalists and an expert in EU policies, Wolfgang Munchau, will talk at the ZF gala about the problems facing Europe and the euro zone in particular.

Oana Gavrila · 28.11.2011 · 00:00 · 1 min
PM Says Romania To Attract EUR6B In EU Funds As 90% Of Projects Are Already Signed
Macroeconomics

PM Says Romania To Attract EUR6B In EU Funds As 90% Of Projects Are Already Signed

The Government is confident Romania will attract at least EUR6 billion in European funds next year because nearly 90% of the funded projects have already been signed, Prime Minister Emil Boc...

Oana Gavrila · 27.11.2011 · 15:02 · 1 min
Macroeconomics

Fiscal Council Concerned About Infrastructure Investments' Impact On ESA95 Deficit

Romania's Fiscal Council has asked the Government to present the National Infrastructure Development Program's potential impact on the deficit as per ESA95.

Radu Bostan · 25.11.2011 · 17:03 · 2 min
Government Approves 2012 State Budget Draft
Macroeconomics

Government Approves 2012 State Budget Draft

The Romanian Government on Friday approved the draft 2012 state budget, which will be sent to parliament for approval.

Ioana Tudor · 25.11.2011 · 16:30 · 1 min
Mark Mobius: Printing Money Only Puts Off Worldwide Crash, Doesn’t Prevent It
Capital Market

Mark Mobius: Printing Money Only Puts Off Worldwide Crash, Doesn’t Prevent It

Capitalism isn’t working because governments are saving greedy banks at the expense of taxpayers, says Mark Mobius, executive chairman of Templeton Asset Management.

Daniela Stoican · 25.11.2011 · 00:00 · 3 min