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Every story must have a sequel - Plaza Romania follows Bucharest Mall
You have undoubtedly heard of the Bucharest Mall. But how about Plaza Romania? This will be the name of the second American-type commercial complex to be built by Turkish group Fiba in Bucha...
I'll have a microwave oven and two PCs
Americans call it "commoditizing" - the phenomenon by which a computer turns into a consumer good, made by anyone willing and able and sold in non-specialised stores. This trend has reached...
Who would have thought a TV set will drink our beer?
Until last year, the persons in need of a loan had to start by wooing a bank, then find all the necessary papers and pray that they fit the bank's criteria. However, since last year, when ra...
IMF's Deppler will not have a relaxed Government
Michael Deppler, one of the most influential International Monetary Fund (IMF) directors, has warned the Romanian authorities they have to go on with reform and maintain the fiscal disciplin...
I will have a Pentium 4, a sandwich and some coffee, please
The world recession of the IT business does not seem to have reached Romania, where sales keep going up. Still, now that the fierce competition has pushed the prices down, the profit margin...
To have or not to have the memo of understanding
To have or not to have the memo of understanding
To have or not to have the memo of understanding
Just a few days before the conclusion of the visit of the IMF delegation headed by Neven Mates, the Romanian authorities cannot say for certain whether they are to get the signature of the I...
RIB takeover may have fallen through
RIB takeover may have fallen through
RIB takeover may have fallen through
The negotiations by which an US-based financial group, Merchant's Bank of California, was supposed to buy the Romania-based Romanian International Bank (RIB), indirectly held by the Turkish...