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ROL might lose 5-6% to currency basket next year
The depreciation of the national currency against the currency basket comprised of euros and dollars 75/25 could be of 5-6% next year, which means that considering a 9% inflation, the real a...
More IMF negotiations to follow next year
Talks between Government officials and the International Monetary Fund (IMF) delegation over a new one-year agreement will resume early next year. IMF's chief-negotiator, Neven Mates ends hi...
More IMF negotiations to follow next year
Talks between Government officials and the International Monetary Fund (IMF) delegation over a new one-year agreement will resume early next year. IMF's chief-negotiator, Neven Mates ends hi...
Next year's budget sees bigger social expenses, tight deficit
Deemed even by the ruling party members as electoral, the 2004 budget draft teems with increased social expenses. All expenses comprised under this category, pensions included, amount to 5.7...
Microsoft closes deal with Romanian authorities. Oracle comes next
World's top two software developers Microsoft and Oracle have included Romania on the priority agenda of their top-management teams lately. While Microsoft's CEO Steve Ballmer was closing a...
ABB Romania expands to Moldova next year
ABB Romania, the local branch of the Swiss-Swedish automation and energy equipment group, is planing to expand to the Republic of Moldova next year, chairman Peter Simon says. The expansion...
Petrom strategy next week
Petrom's privatisation strategy, initially supposed to be discussed by June 30, will be debated and endorsed by the Government during its session next week. Economy and Trade minister Dan Io...
Ruling party uses next year’s budget to secure electoral victory
The ruling party will use next year's budget to back up the ample social programme announced by the Social-Democrat Party (PSD), comprising measures needed to win over the voters for next ye...
Sales in instalments to produce effects as soon as of next year
The furniture market will increase 10% for its second consecutive year, despite of a somewhat poorer exports performance for the first part of this year, analysts in the field estimate. The...