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ECB cuts interest rates to 48-year low, hopes for economic recovery
The European Central Bank (ECB) has cut interest rates to the lowest since at least 1948 in any of the dozen nations using the euro, as the single European currency's appreciation saps econo...
Euro surge joined by US dollar plunge to four-time low
Neverending nightmare for those unlucky enough to have euro-denominated credits or leasing contractsIn only three days (since the beginning of March), the ROL exchange rate against the singl...
M&A market stays low
The Romanian mergers and acquisitions (M&A) market amounted to $154.2 million last year, up 56% from 2001, but down to half the value posted in 1998, a survey by KPMG consulting firm and Dea...
Romcim price, too low
French group Lafarge is the second absolute majority shareholder to have announced the price it is willing to pay as part of the mandatory takeover offer in view of delisting its company. La...
Low advertising investments
Tourism will lag behind again this year when it comes to running advertising campaigns in the media, given that the managers in this industry are rather concerned with how to reinvest profit...
Low monthly inflation
The inflationary rate in May reached 1.7%, the lowest level since the beginning of the year, due to the slowdown of the increase in the prices for foodstuffs and service tariffs. Compared wi...
Low monthly inflation
Low monthly inflation
IMF wants low inflation and financial discipline
The IMF mission has once again asked the Government to prioritise the inflation cut and recommended the adoption of a more restrictive fiscal policy, the Fund's negotiator for Romania Neven...
IMF wants low inflation and financial discipline
IMF wants low inflation and financial discipline