Why
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Why is Romania expensive?
Leaving wages behind, the trend of prices in Romania has followed a steep upward curve over the last few years, in order to reach a level that is comparable to those in Western countries, ac...
Left is good, right is wrong. Why?
In Berlin on Tuesday I managed to grab an hour between a long lunch and a considerably longer dinner to visit the newly opened Memorial to the Dead Jews of Europe. Set over a vast plot on th...
Why 2007 is too soon
Why 2007 is too soon
Why are Bulgarians better rated than Romanians are?
"Yellow card for Romania: Bulgaria's EU membership negotiations are proceeding without any major problems; Bulgaria's EU accession must not be linked to that of Romania." The European Parlia...
Why cut credit rates?
The Romanian banks still maintain a wide interest spread, that is a wide gap between active interests (credits) and passive interests (deposits). The banks last year operated a substantial r...
Banks can't stop buying bonds. Why?
Where will the interests on banking deposits or T-bills go in two years? Many people would like to know the answer to this question to decide how to invest their money. The one thing everyon...
Another yearend question: why are we paying a management fee?
It became obvious last year that the golden era of mutual investment funds had ended. However, virtually no one expected so many investment funds to go to the other extreme in 2002, when the...
Why low rates are good
Why low rates are good
Why low rates are good
Just three and a half months ahead of elections, in a year we all expect to be filled with populist promises and speeches, Romania is apparently entering a favourable economic course. True,...