Romanian
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Romanian economy has loads of money but cannot use it
Romania has no decent highways, no hospitals, no houses. But the country does have something else: money. However, how can someone have money and be unable to use it? Inflation and the lack...
ING orchestrates Romanian premiere: 25-year mortgage
What's more important: to have a place to stay or to have your own place? Or do you agree to actually buy a house when you are about to retire but where you can live as of now? In this case,...
Iraq war threatens Romanian hotel business
The onset of the war in Iraq will impact on the business of the Romanian hotel operators, companies in this industry say, with the effects tied to its duration. Still, no one ventures to for...
No Romanian cash on foreign markets
The partial deregulation of the capital account as of this year, that is the possibility to directly invest on the foreign capital markets, has not shown in the level of the funds Romanians...
Foreigners push Romanian exports up
Nearly 40% of the $13.8bn record export level registered by Romania last year was due to companies either partially or fully controlled by foreigners. Out of the total 13,600 Romanian export...
Czech experience for Romanian telecommunications
All analysts see the possibility of lower rates (especially for international calls) as the main benefit of the fixed telephony market deregulation. Which is perfectly true, since we already...
Leading investment banks fighting over Romanian eurobonds
The big investment banks are preparing for a deal that could help them climb higher in the international transaction rankings: Romania is launching a new eurobond issue, worth 500 million eu...
Romanian air space and infrastructure available to US
The Supreme Defence Council (CSAT) yesterday endorsed the United States' request to be granted the right to use Romania's air space and necessary infrastructure for a military operation in I...
Turkey invests $20m in Romanian chicken
Banvit, Turkey's leading fowl producer is planning to invest $20 million in a production and distribution chain on the Romanian market, Anatolia news agency was quoted as reporting by Turkis...