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Interim president concerned about current account deficit
Nicolae Vacaroiu, interim President of Romania and former Prime Minister from 1992 through 1996, has commented, shortly after taking over his new position, that the RON risks a correction du...
Current account deficit triples
The current account deficit boomed in February, by climbing almost 1.28 billion euros, an increase about three times higher than the increase in February 2006, after coming under pressure fr...
Conferences account for almost half the revenues of Bucharest 5-star hotels
Conference and banqueting services account for between 30% and 50% of the turnover generated by five-star hotels in Bucharest. Investments have been made in conference halls and ballrooms by...
WB: Romania ranks 12th in terms of current account deficit
Romania ranked 12th worldwide in 2005, in terms of the size of its current account deficit, according to a report of the World Bank (WB), which was published on Monday. The current account d...
Cereals account for 12% of Nestle turnover
Romeo Cazanescu, the manager of the cereal department within the local branch of Nestle group, estimates a 30% increase in the sales volume on the local market this year, in the wake of the...
City Grill: Caru' cu bere will account for 30% of the business
City Grill: Caru' cu bere will account for 30% of the business
City Grill: Caru' cu bere will account for 30% of the business
City Grill: Caru' cu bere will account for 30% of the business
Current account deficit up 51%
Current account deficit up 51%
Current account deficit up 51%
Current account deficit up 51%