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Overdue payments on loans going up

Romanians' borrowing frenzy and the banks' pursuit of as quick a retail market share expansion as possible is taking its toll: overdue payments on ROL-denominated loans due in more than thre...

Razvan Voican · 04.03.2004 · 00:00 · 2 min
ZF English

Government plans price increases and layoffs to help balance of payments

After a lot of urging and prodding by the International Monetary Fund (IMF), the Government has chosen the middle of winter as the best time to start cutting losses at the state-owned enterp...

Razvan Voican · 16.12.2003 · 00:00 · 2 min
ZF English

Frenetic non-government lending stems more overdue payments

How are your loan payments coming along? If you counted on a salary raise, you may be in trouble. The average net salaries in euros dropped more than 9 euros in May, a casualty of the accele...

Ionela Nuta · 23.07.2003 · 00:00 · 2 min
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Interests for payments in instalments

The privatisation contracts in the portfolio of the Ministry of Economy and Trade stipulating the stake purchased may be paid for in instalments will include a provision on charging interest...

Ziarul Financiar · 24.06.2003 · 00:00 · 1 min
ZF English

$2bn in debt payments this year

Romania's medium and long-term foreign debt contracted last year amounted to more than $1.8bn, with the total debt worth about $13.5bn by the end of last September, according to official dat...

Ziarul Financiar · 13.01.2003 · 00:00 · 1 min