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Majestic sees 12% lower turnover
Bucharest-based Majestic Hotel is expecting 2002 turnover to amount to $1.6 million, down 12% since the same time last year, with profits estimated at $300,000, general manager Mihail Acatri...
SIF lower than BET
Although top performers this year, the shares of the financial investment companies (SIF) seem determined to outrun the other shares listed on the Stock Exchange in terms of decline, as well...
Rates go even lower
ROL loans at 24-25% yearly interest. Nearly 50% lower than a year ago. This trend has taken speed in the second half and even the most bullish analysts could have hardly anticipated it. The...
Isarescu wants lower rates
The cost of lending in ROL will keep going down over the next period, with enough room for a rate cut by several percentage points by yearend, officials of the National Bank of Romania (NBR)...
Better ratings do not spell lower interest rates
Better ratings do not spell lower interest rates
Better ratings do not spell lower interest rates
Better ratings do not spell lower interest rates
Ever lower offers for ever smallersaving
Ever lower offers for ever smallersaving
Ever lower offers for ever smallersaving
Population's bank savings are decreasing in real terms, investors are withdrawing their money from mutual funds, interest rates have become negative and they can no longer cover inflation, w...
Lower interest rates may be the best thing about the IMF accord
The drop in interests on the banking market and maintaining them at an acceptable level might account for the greatest gain of the extension of the accord with the IMF, since the opening of...