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Romanians working abroad unable to keep up with imports
The current account deficit of Romania's balance of payments maintained its explosive growth trend in the first month of this year. It amounted to 108 million euros in January 2004, which is...
Romanian imports keep soaring, exports log significant drop
Romanian exports lived up to all the worst expectations in January: with a measly 1.3% growth in euros as compared to January 2003, revenues dropped below last year's monthly average. Long g...
Corporate respectability, hard to earn and even harder to keep
As the corporate scandals and frauds are making headlines all over the world, another group of companies is calmly heading for success, without losing public esteem. At a time when turbulenc...
Keep receipts handy! Deductions delayed
Planning on buying insurance or improving the thermal comfort of your home with the promised deduction of these expenses from the 2004 taxable income in mind? How you will actually apply for...
Several foreign investment funds keep buying Banca Transilvania shares
Several investment funds or foreign institutional investors have bought some 10% in Banca Transilvania in the past few months. The efforts made by these investors to increase their stakes in...
NBR Governor demands foreign bankers to keep the money coming
Foreign banks must be persuaded to maintain in 2004 the same financing lines they have been granting to the Romanian economy in the past years, even though the macroeconomic projections do n...
Iraq war, SARS keep national airline Tarom in the red
National airline Tarom may go into the black one year later than initially planned (2005), because of the Iraq war and the severe acute respiratory syndrome (SARS), the company's general man...
Poor Moldovans keep TV sales high
Summer is coming. The Romanians from abroad are coming back home, even though for a few days. Accustomed with the moderately cold temperature in their offices, they seem surprised of the hot...
Isarescu: Keep the targets in mind
Romania must continue to apply economic policies in order to reach its targets, even though results may not be spectacular and there may be pressures from those disgruntled, says the Nationa...