hike
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ECB rate hike to boost borrowing costs
Analysts anticipate ECB's decision to raise its benchmark rate by a quarter of a percentage point to 4.25% per annum will drive financing costs up, at least by a similar amount, but the time and scope of adjustments will depend on each bank. "Naturally, we'll...
Calin Dragan, Coca-Cola: Utility price hike will temper consumption
Calin Dragan, general manager of Coca-Cola HBC Romania & Moldova, believes the domestic market will not perform as well as it did in 2007, because of a slowdown in consumer spending. Last ye...
Courier service companies consider 10% rate hike
A large number of domestic courier service providers are considering price increases of around 10% in the coming period due to rising costs and Romania's infrastructure, which is in poor con...
320% public rent hike drives inflation up in May
Public housing rent increased by 320% in May, as a result of a government decision, whilst contributing to around two thirds of this month's inflationary rate, according to data published ye...
80% price hike on residential segment
80% price hike on residential segment
Petrom's gas price hike has limited effect on fertiliser producers
Petrom's gas price hike has limited effect on fertiliser producers
Cigarette price hike boosts TBD business by 20%
Cigarette price hike boosts TBD business by 20%
Simex: growth based on price hike
The Salaj-based furniture producer Simex Group posted sales of nearly 10 million dollars (7.91 million euros) in the first nine months, an increase of 11% on the same time in 2004. "Most of...
ECB interest rate hike to blame for decline on BSE?
Stocks on the Bucharest Stock Exchange started the week by going down, confirming the trend seen at the end of last week. All stock markets in the region ended the day in decline. The BET in...