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Corruption cuts budgetary revenues by 15%
Corruption cuts budgetary revenues by 15%
Corruption cuts budgetary revenues by 15%
According to the World Bank Director for Central and Southern Europe, Andrew Vorkink, the Romanian economy is recovering and a 4% GDP growth is likely to be attained this year. The World Ban...
Loss triggered by savings, or wealth erosion
Loss triggered by savings, or wealth erosion
Loss triggered by savings, or wealth erosion
Population's savings can be invested on the monetary or financial market. Lost in transition, people are fighting the risks involved by these investments and just as they believe they have m...
Euro fall hurts exporters, unprotected by hedgings
The euro yesterday hit a record low against the American dollar, the value of one euro being worth 0.08822 dollars. Forecasts are very gloomy for the following period as well, which affects...
Agras-Omniasig merger to be finalised by 2001
Agras-Omniasig merger to be finalised by 2001
Agras-Omniasig merger to be finalised by 2001
The merger between insurance companies Agras and Omniasig Agricultural Insurance could be finalised by the end of the current year, as soon as a common evaluator for the two companies is fou...
Conel's split postponed by two weeks
Termoelectrica, Transelectrica Hidroelectrica and Electrica, the four companies created following Conel's split, have not yet reached an agreement as to the way they should divide the patrim...
Conel's split postponed by two weeks
Conel's split postponed by two weeks