Crisis
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ING's Boyer believes one more year of financial crisis still to come
The world is going through a period of intense stress and is likely to experience the financial crisis for another year, believes Eric Boyer, a member of ING Group's executive board and head...
Brokerage companies lay off staff amid Stock Exchange crisis
Prime Transaction, Confident Invest and GM Invest - three medium-sized brokerage companies on the Stock Exchange, have closed ten agencies over the last two months, and have laid off around...
Ramada Plaza: World crisis is hurting our business
Ramada Plaza Hotel in northern Bucharest, held by businessman Gabriel Popoviciu, is revising its budget downwards this year mainly due to the world crisis that is starting to take its toll o...
Crisis in Italy and Spain will stop flow of foreign remittances
Economic problems in Italy and Spain, where more than 1.5 million Romanians legally work, could cause a drastic decline in foreign currency inflows, which help to finance Romania's foreign d...
Foreign crisis, test for inflation targeting
Three years since it began to apply its inflation targeting strategy, the NBR (National Bank of Romania) is faced with the very clear prospect of missing this year's target and also runs the...
Biris: Crisis did not affect Upground's sale
Gabriel Biris, managing partner of law firm Biris Goran, which assisted the developers of the Upground project in its sale to a real estate division of Deutsche Bank for 340 million euros, s...
Atisreal: real estate deals affected by international crisis
The segment of real estate deals in Romania is the worst hit by the international financial crisis, because investors are having trouble securing funding from international banks, Ioana Momi...
Cannes fair: Romanian market, unaffected by crisis
The largest developers in Romania- Baneasa Investments, Neocity Group, Cefin Real Estate Asset Management, River Invest, TriGranit Development (main partners) and Avrig 35, all took part in...
thegroup: Advertising market could face crisis in 2 years
The local advertising market will not maintain the same growth rate that it registered over the last few years and could even enter a period of crisis, according to Zoltan Szigeti, president...