economy
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BT and the bonds that nurture the economy
An investor from London or Singapore who buys a Banca Transilvania bond today indirectly funds a solar panel on a rooftop in Romania.
Horia Ciorcilă, Chairman of the Board of Directors Banca Transilvania: The EUR 100 billion target is important because it reflects scale and relevance. However, figures, no matter how impressive, are only a snapshot in time. What remains after several decades is the mark you leave on the economy and society
Banca Transilvania aims to grow faster than the market and to strengthen BT Financial Group by further integrating its services, an increasingly important factor for customers.
Review after two years of “First home” scheme: Has it achieved its purpose?
The scheme started by the Government nearly two years ago in order to revive the construction sector and the economy, has turned into a social one that has supported banks, put an end to the...
IMF says economy is starting to recover, which also carries the risk of reforms being dropped
IMF says the Romanian economy is starting to rebound, exports continue to increase and consumer and investor confidence, although low, is showing signs of recovery, yet warns that there is a...
Economy is starting to recover, but there is still uncertainty
A first evaluation of the first quarter of the year from an economic point of view shows that there is still uncertainty and that consumer spending has yet to resume growth, but real estate...
New 3.5bn-euro IMF arrangement has been approved
The new two-year precautionary arrangement with Romania, which starts on March 31st, has received the green light from Washington on Friday, and is set to focus on stimulating the economy by...
Pernod Ricard: Business world needs realistic economic forecasts
Tudor Furir, general manager of spirits importer Pernod Ricard Romania, the local subsidiary of the French group of the same name, says the business world needs realistic economic forecasts...
Economy showing signs of thawing, but how solid are they?
The first 100 million-euro transaction since March 2008, the revival of lorry sales and the fact that exports continued their 28% growth rate are signals that the economy can return to growt...
Industrial production shows signs of fatigue
Industrial production, one of the leading indicators in the economy, continued to rise in September, but at a slower pace, while the volume of construction works remained in negative territo...