economy
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Managers about economy in 2020: get ready to work harder!
Ziarul Financiar invited high-ranking officials of the state, business people and company managers to sit down and talk about the modernisation of the economy and about the outlook for 2020.
Collapse of constructions market and services decline keep economy in recession in Q1
The dramatic decline of the constructions sector in the first quarter of the year, by 17.3%, as well as the continued decline of services and agriculture, have kept the economy in recession,...
Government sees economy down 0.5% this year
The Government has adopted the IMF forecast for a 0.5% economic decline this year, with the Finance Ministry to rectify the budget based on this figure in late June or early July.
EU money has to be used as quickly as possible in order to reboot the economy
Romania could lose the bulk of the money allocated for it by the EU unless the fund management authorities and the banks decentralise the system in order to speed up the absorption process.
BUSINESS Magazin: The young managers that will restart the economy
BUSINESS Magazin yesterday granted awards to the fifth series of young managers and entrepreneurs at a gala organised together with Romtelecom and RBS Bank Romania partners as the fifth edit...
Economy drop not huge, but neighbouring countries already on the rebound
The recession persisted in Romania in the first quarter, so that the Gross Domestic Product fell by 2.6% compared with the same time of last year, which is less than the analysts’ 3.4% for...
Analysts: Economy contracts by 3.4% in Q1
The economy remained in recession in the first quarter of the year, with the GDP down by 3.4% in real terms compared with the similar period of 2009, and by 0.5% against the last quarter of...
National Bank cuts interest rate to all-time low, but economy is already down
The National Bank has cut its key interest rate on RON-denominated loans by a quarter of a percentage point, to a new all-time low of 6.25%, but the signal to make loans cheaper comes too la...
March - first month of VAT increase. Is the economy recovering?
The rise in sales in the trade sector in the Easter period brought VAT collection for March back into positive territory compared with the similar period of 2009, with the increasing standin...