Crisis
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Financial crisis puts developers' plans on hold
The international financial crisis will have effects on the retail market, as well, which has seen one of the most significant increases over the last few years, with both developers and ret...
MOL: Demand for oil products set to decline
The worst financial crisis in history, economies' slower growth rates, the shrinking consumption of oil products, the easing of oil barrel prices; all these aspects are viewed as events with...
NBR Governor: Only panic could affect local banks
A worsening of the crisis on the international financial markets could affect the adoption of the single currency in 2014, but the local banking system will not be directly affected, Mugur I...
Authorities take steps to revive Stock Exchange
The financial authorities and the institution that regulates the capital market have joined forces for the first time in order to take measures they regard as "extraordinary", meant to reviv...
Omilos Group manager: Retailers and developers revise plans downwards
The Romanian real estate market has been affected by the global financial crisis, which has lead to higher borrowing costs, and raises doubts among developers and retailers, which are re-eva...
Governor Isarescu: Solid Romanian banking system resists crisis
The Romanian economy has been able to cope significantly well with the multiple external shocks: 8-9% economic growth is by far the strongest in the EU, whilst inflation has started on a dow...
Head of BCR: Crisis will only affect clients with high funding needs
Only clients with large financing needs will be affected by the international financial crisis, while regular clients do not have any reasons for concern," says Dominic Bruynseels, chief exe...
Romania affected by crisis, but neither directly, nor as much as other countries
The main question is to what extent will Romania be affected by the collapse of the US market and the repercussions the crisis will have on Europe.
Romania, solution for investors hurt by global crisis
Matei Paun, owner of BAC Investment, a M&A and finance consultancy, says Romania continues to be a solution for global strategic investors that seek further growth amid the international fin...