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Lower inflation boosts mutual fund yields
Lower inflation boosts mutual fund yields
Electroputere's growth lower than expected
Electroputere's growth lower than expected
Inflation lower than anticipated by NBR
The 1.7% increase in consumer prices in the first two months of the year is below the level anticipated by the National Bank of Romania, NBR Governor Mugur Isarescu said. He explained NBR wa...
Finance Ministry boasts lower deficit
The budget deficit accounted for only 2.4% of the Gross Domestic Product last year, below the initially set target - 2.7%, the Finance Ministry officially announced on Monday. The deficit am...
IMF wants lower budget deficit
In the wake of recent talks with the International Monetary Fund, the Nastase-led Romanian Government has set the main macroeconomic targets for this year: 5.5% economic growth, 9% inflation...
12 times lower profit for Rompetrol Well Services
Oil industry service provider Rompetrol Well Services Ploiesti's profit last year was worth 8.5bn ROL ($0.25 million), 12 times lower than the year before. The turnover, however, rose slight...
Lower output last year
The Romanian economy last year managed again to achieve a high growth pace without the support of the matching dynamic of the industrial production. The industrial output growth pace therefo...
Eximbank posts lower profit
The Export-Import Bank of Romania (Eximbank) will post gross profit worth 135bn ROL this year, down from the results logged in 2002. However, the bank's management says the decline was assum...
Tanasescu promises 0.5% lower arrears and 9% inflation
The first item in the agreement the Government is looking to sign with the International Monetary Fund will be the series of measures that needs to be set and taken to curb arrears and preve...