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US Eximbank has no financing limit
The Export-Import Bank of the United States (US Eximbank) has not set any ceiling for financing the projects on the Romanian market. "In the last four or five years, US Eximbank has granted...
No deductibility for mortgage credits
The spending on mortgage rates will not be deductible from the income tax as of 2004, not even up to the 500 euro annual cap, as stipulated in the Fiscal Code draft forwarded to Parliament....
IMF: There is no room for slippages
The business climate in Romania may substantially deteriorate in 2004, and impact on the economic growth, if the market gets the idea that the Government is unable to cope with the electoral...
IMF: There is no room for slippages
The business climate in Romania may substantially deteriorate in 2004, and impact on the economic growth, if the market gets the idea that the Government is unable to cope with the electoral...
SIF law: two years of talks and no certainty yet
The raise of the maximum percentage an investor is allowed to own in a Financial Investment Company (SIF) from 0.1% to 1%, taken for granted and eagerly awaited by the players on the Stock E...
Novartis-Lek deal has no immediate effects on Romanian market
Theoretically, following an acquisition or a merger, the newly-formed entity should get a bigger market share or post bigger sales than its components used to. This is the so-called and eage...
Where should we build mall no. 3?
Although it has not even opened its second mall in Romania, Turkish Anchor Group, owner of the Bucharest Mall complex, is already thinking about further developments. "By the time the second...
No breakthrough for amber beer
Following the quasi-failure of several brown beer brands over the last few years, the Romanians are still reluctant to embrace anything non-lager, and therefore do not allow for the developm...
No political plan for Isarescu
NBR Governor Mugur Isarescu does not plan to be part of any political combination for next year's elections, as he wants to see his governor term through. After his mandate expires on Januar...