consumption decline
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ZF English
Businesspeople: Consumption decline will range between 10 and 15%
Market players have mixed opinions as to the effects of public sector employees' salary cuts on the economy. For many the consumption decline will be somewhere between 10 and 15%. Some say this fall will be more dramatic than last year's, when the private sect...
ZF English
Petrom’s profit up 34% despite consumption decline
Petrom, the only petroleum and gas producer in Romania, controlled by Austrian petroleum group OMV managed to end 2009 with a 1.36 billion RON (326 million-euros) profit, 34% higher compared...