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Agriculture, Hardly On Bankers’ Priority List
Banks-Insurance

Agriculture, Hardly On Bankers’ Priority List

Agriculture has gained importance in bankers’ eyes since the crisis onset, advancing from 2.2% in the total portfolio of the banking sector in 2008, to 3.6% in 2012, but the level stayed unc...

Catalina Apostoiu · 28.05.2014 · 14:20 · 3 min
Roads Authority Head: Contract To Build Comarnic-Brasov Highway To Be Signed In June
Automotive

Roads Authority Head: Contract To Build Comarnic-Brasov Highway To Be Signed In June

The contract to construct under concession the highway linking Comarnic to Brasov will be signed in June and works are due to start in July, Narcis Neaga, general manager of Romania’s roads...

Ecaterina Craciun · 28.05.2014 · 13:21 · 1 min
Budget Is Out Of Sync With Economic Growth
Macroeconomics

Budget Is Out Of Sync With Economic Growth

The macroeconomic indicators may have been good news, as the economic growth was beyond expectations in the first quarter of 2014, but budget revenue did not follow the same trend, merely ri...

Loredana Frățilă-Cristescu · 28.05.2014 · 11:00 · 2 min
INS: Romania Housing Permits Up 5% On Month To 3,372 In April
Macroeconomics

INS: Romania Housing Permits Up 5% On Month To 3,372 In April

Romanian housing permits rose 5.1% to 3,372 units in April, from 3,207 units a month earlier, the country’s statistics institute INS said Wednesday.

Bogdan Neagu · 28.05.2014 · 10:07 · 1 min
Business Outlook: Executives Expect Growth In All Sectors In May-July
Macroeconomics

Business Outlook: Executives Expect Growth In All Sectors In May-July

Executives in Romania expect activity in all economic sectors to continue to grow in the May-July period compared with the previous three months, the statistics institute INS said in a surve...

Bogdan Neagu · 28.05.2014 · 10:03 · 1 min
CEZ Romania: Tax Burden On Business Too Heavy
Energy

CEZ Romania: Tax Burden On Business Too Heavy

Burden on business in Romania is too heavy and the authorities keep raising the tax levels, an official of utility CEZ Romania said Tuesday.

Florentina Dragu · 27.05.2014 · 13:47 · 1 min
Ciolos: Romania Can Boost Exports Of Agri-Food Products To Emerging Markets
Social/Politics

Ciolos: Romania Can Boost Exports Of Agri-Food Products To Emerging Markets

The increase in food consumption is not expected to reach a high level in the future in Europe, but rather on the emerging markets where Romania could boost exports of agri-food products, Eu...

Ecaterina Craciun · 27.05.2014 · 13:47 · 1 min
IMF Team To Arrive In Romania Next Week
Macroeconomics

IMF Team To Arrive In Romania Next Week

A delegation of the International Monetary Fund will arrive in Romania next week to review the country’s progress under a EUR2 billion precautionary agreement signed last year.

Florentina Dragu · 27.05.2014 · 12:41 · 1 min
Natural Gas Export To Republic Of Moldova Will Be A Political Decision – Economy Minister
Social/Politics

Natural Gas Export To Republic Of Moldova Will Be A Political Decision – Economy Minister

The natural gas export to the Republic of Moldova will be a political decision, economy minister Constantin Nita told a conference organized by Ziarul Financiar.

Gabriela Stan · 27.05.2014 · 12:32 · 1 min