Mugur Isarescu, the Governor of the Romanian central bank declared that in 2009 Romania was extremely close to a sudden stop, avoided because a move was made in time. Mugur Isarescu said Romania was not having … [Read more...]
Ghetea: In One Year And A Half, Lei And Euro Interest Rates Will Be Almost The Same
May 26, 2011 By Leave a Comment
According to ARB president Radu Ghetea, interest rates for lei and Euro loans will get to almost the same level in the next 18 months. The lei loans will continue to become cheaper and foreign currency … [Read more...]
EximBank’s Main Target – SMEs
May 23, 2011 By Leave a Comment
Ionut Costea, President of EximBank declared that supporting the development of small and medium-sized enterprises (SMEs) is a strategic priority for EximBank this year. The bank has enough funds to answer … [Read more...]
Bucharest Stock Market Growth Potential This Year Between 10 and 15 %
May 17, 2011 By Leave a Comment
Erste-BCR analysts say that the Stock Exchange could grow by 10 to 15 % this year. Also, they say the potential calculated is based on the estimates on government credit, RON/EUR exchange rate and yield … [Read more...]
IMF: By 2016, China’s Economy Is To Surpass That Of The US
April 27, 2011 By Leave a Comment
The International Monetary Fund (IMF) has predicted that the Chinese economy will surpass that of the US by 2016. The fund’s forecast is based on “purchasing power parities” and says China’s gross … [Read more...]
The Economy Ministry Will Help Fund 70 Young Entrepreneurs
April 21, 2011 By Leave a Comment
The Ministry of Economy, Trade and the Business Environment (MECMA), signed yesterday the first 70 contracts for non-reimbursable funding within the program to support young entrepreneurs via the Agency … [Read more...]
Romania Might Delay Adoption Of Euro
April 15, 2011 By Leave a Comment
Romania is rethinking its plans regarding the adoption of the euro in 2015. The main reason is linked to the country’s economy not considered healthy enough to meet the deadline. According to the President, … [Read more...]
IMF: Economy Should Advance In 2011 And 2012 by 1.5% and 4.4%
April 13, 2011 By Leave a Comment
According to financial institution estimates, by the end of the year, the inflation will reach 4 %. According to the International Monetary Fund’s (IMF) World Economic Outlook (WEO) - the April 2011 … [Read more...]
Romania – Official Candidate To Working Committees of IRENA
April 10, 2011 By Leave a Comment
A release of the Ministry of Economy, Trade and Business (MECMA) informs that Romania has submitted its candidacy to participate in the activity of the working committees of the International Renewable … [Read more...]
Romanian Furniture Exports Went Up To EUR 1 Billion From 2010
March 17, 2011 By Leave a Comment
According to the Association of Furniture Producers in Romania, the country’s furniture exports grew by 13.5 % in the first 11 months of 2010, reaching EUR 1.08 billion. All this time, imports dropped … [Read more...]
