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Finance Ministry tests longer maturities
The Romanian financial market will see a five-year fixed interest instrument available as of this year, even though it will not be ready to use it at first. At the same time, the Finance Min...
Sports shoes no longer just for running
When hearing the "sports shoes" phrase, jogging or various other sports undoubtedly come to mind. Things are about to change, as the vendors of such products on the Romanian market say, beca...
Sports shoes no longer just for running
When hearing the "sports shoes" phrase, jogging or various other sports undoubtedly come to mind. Things are about to change, as the vendors of such products on the Romanian market say, beca...
Another two funds choose longer life
Société Générale Romania Fund (SGRF) and Romanian Investment Fund (RIF), two of the leading foreign investment funds in Romania, are planning to extend their life span by two years, so that...
ROL decline no longer enough
Romania's exports are showing signs of fatigue. If mirrored in the euro, which reflects the only image that really matters here, the exports went down in April, compared with the same month...
Growth no longer justified
The National Bank of Romania's (NBR) foreign currency reserves, now totalling 5.82bn euros, will primarily keep up with the import growth pace and will consider covering the refinancing of t...
Ailing West no longer takes Romanian furniture in
The domestic furniture industry is going through times of decline due to the recession on the Western market, which takes in more than three quarters of the Romanian furniture production, in...
Ioan Niculae no longer wants SNTR
Interagro Group is not planning to participate in the new privatisation process of Societatea Nationala Tutunul Romanesc (National Romanian Tobacco Company - SNTR) and will try to sell its s...
Ministries no longer allowed to contract foreign loans
The Romanian ministries will no longer be able to contract foreign loans on their own and then ask the Finance Ministry to simply secure the credits, which they have been doing so far, in ac...