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Lack of snow not a problem
The lack of snow on the ski slopes this year will not make much of an impact on the business of the hotel owners in the mountain area, operators say. The only ones that may see their busines...
Iliescu advises PSD not to brag
The first attack against President Ion Iliescu from PSD (Social Democrat Party), launched on Tuesday night through executive secretary Radu Podgoreanu stirred several reactions yesterday, bu...
Another warning from central bank: ROL/USD exchange rate is not nailed down
The nominal depreciation of the ROL against the US dollar has resumed, after a long interval of stability. In ten days, the dollar has gained more than 200 ROL, which brought it close to thi...
OTE's dilemma: to shake up or not to shake up RomTelecom
Ten thousand job cuts by yearend. Significant increases in tariffs for local calls. Freezing all investments.This is the shock plan that OTE International came up with to solve the problems...
Outdoor advertising market, not quite a hit for investment funds
Outdoor advertising has attracted more than 15 million dollars over the past four years from several enthusiastic investment funds. The market was originally expected to double, but it prove...
New Year's Eve: last-minute solutions are not cheap
New Year's Eve: last-minute solutions are not cheap
New Year's Eve: last-minute solutions are not cheap
People can still find reservations for New Year's Eve, but those who are making such a decision these days have to prepare big sums of money or lower their expectations. Unless they want to...
S&P: IMF agreement not enough
The new stand-by loan agreement Romania has concluded with the International Monetary Fund is not enough for the country rating to be upgraded, said Konrad Reuss, country rating manager with...
S&P: IMF agreement not enough
S&P: IMF agreement not enough