bracing
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Brokers bracing for new prices and calculations in RON
Now that the jitters of bringing the card systems back online are over, it is the turn of the forex market and the stock exchange to start dealing with the new ROL (RON). How much will the "hard ROL" weigh in euros, that remains to be seen, after the "old" ROL...
Romania bracing for unprecedented external deficit: 6.5% of GDP
Romania is about to end the year with a significant external deficit, triggered by the wave of imports that spun out of control in the last quarter. "According to the latest information, the...
Unions and SIFs bracing for pensions
The private occupational pensions are still in the drafting stage, but the action behind the scenes shows the future players are intently focused and already marking their turf. The unions -...
Bucharest is bracing for change
Early elections, shrinking electoral capital for the extremist parties, image gain for the ruling party. All these are but some of the consequences of Romania's NATO accession, as seen by th...