economy
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Next year could see first big energy investments. 2010 is for strategies
The energy market has become one of the most effervescent economic sectors this year, at least in terms of the large number of projects that Romania is involved in. However, experts say a bi...
Finance Minister doubts the economy will grow even by 0.8%
Finance Minister Sebastian Vladescu is concerned the Romanian economy may grow by even less than 0.8% - the new official forecast officially announced last week by the IMF, half a percentage...
Analysts: IMF arrangement could fail in autumn
A new IMF mission arrives today in Bucharest and until 7th of May it will assess Romania's fulfilment of criteria in the first quarter of the year. The next tranche, of 850 million euros, co...
What Tariceanu and Nastase would do about the economy were they in Boc's shoes
Former premiers Calin Popescu-Tariceanu (PNL) and Adrian Nastase (PSD) yesterday spoke during the “After 20 years” Pro TV show about the effects of the agreement signed with the IMF, both of...
Academy economist: Political appointments in administration, devastating for economy
The Government cannot reboot the economy because the public administration is rife with political appointments, which are not transparent, and have no performance criteria set for them, and...
Analysts' verdict after Q1: Economy will grow by less than 1% in 2010
The IMF, rating agencies and bank analysts are all revising estimates about this year’s economic growth to less than 1%, after a weak first quarter, whose figures suggest Romania is still...
Economy still in recession after Q1
Romania was still in recession in the first quarter, and hopes for a rebound have been moved to the second quarter of 2010, analysts say.
Economy will look better only in statistics
Salaries will rise by less than the inflation rate this year, and lending will not be resumed very easily due to the lack of demand, believes Lucian Anghel, chief economist of the BCR.
The economy is further slipping into recession
Everybody was expecting a quarter-to-quarter economic rebound, but the decline worsened from -0.6% to -1.5% in Q4, 2009 from Q3, 2009.