away
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Big wine names stay away from local market
Big wine names stay away from local market
Too little and unefficient work keeps Romanians away from the EU
Slow-paced industrial output growth, increasingly costly imports and an inflation rate being pushed downwards by a tight monetary policy. This is the general picture of an economy that wants...
Business keeps Mates away
An International Monetary Fund (IMF) delegation led by chief-negotiator Neven Mates, which was expected to arrive on Sunday in Bucharest, was postponed by a week, according to the latest inf...
Mounting trade deficit melts away National Bank's forex reserves
The National Bank of Romania (NBR) has lost in the last three months everything it had managed to add to its foreign reserve last year, but the money was spent to prevent the ROL from losing...
ROL depreciation scares borrowers away
The clients of the commercial banks have lost some of their appetite for loans in November last year, as the depreciation of the ROL by nearly 5% in only one month disheartened those seeking...
Quayle: Corruption drives investors away
The British Ambassador in Bucharest Quinton Quayle has joined US Ambassador Michael Guest and French Ambassador Philippe Etienne in the chorus of foreign diplomats criticising corruption and...
Romanians in a rush to break away from public heating system
The Romanians are afraid of the gigacalorie supplied by RADET (the national heating provider), as the company makes the consumers pay for the power leaks in the network, so that increasingly...
Summer melts foreign investments away
Summer brought along shrinking foreign investments, which were worth some $30 million in June, 50% less than in the corresponding month of last year, according to data released by the Nation...
Finance Ministry keeps banks away from T-bills
The financial market has lost its benchmarks, few as they were. The three-year T-bill issues have been nothing more than a "formal" instrument for two months now, which the Finance Ministry...