policy
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NBR maintains monetary policy rate at 8.5%
The Board of Governors of the National Bank of Romania (NBR) yesterday decided to maintain the interest rate at 8.5% a year, feeling it was necessary to keep the monetary policy restrictive...
Auchan to focus on discount policy
The chief executive of the hypermarket operator Auchan in Romania says the network''s strategy will concentrate heavily on discount policy. "I think there is room for a price drop on the Rom...
Campofrio depends on customs policy
Cold cuts producer Tabco Campofrio, the local branch of Campofrio Alimentacion based in Spain, registered turnover worth 33 million euros last year, up more than 30% on 2004. The company est...
NBR fears fiscal policy changes could upset inflation targets
The National Bank doubts the Government will manage to keep its fiscal policy promises of not resorting to significant tax increases, and takes into consideration the emergence of decisions...
P&G revises advertising spending policy
P&G revises advertising spending policy
Merck adopts cautious sales policy
The American pharmaceuticals giant, Merck Sharp & Dohme (MSD), has posted a slight increase in sales for the Romanian market over the first half of the year due to its cautious sales policy....
Central Bank Governor pleads for long-term stable fiscal policy
Romania needs a 5 to 10 year vision of fiscal policy, so as to avoid problems caused to the business environment by the fluctuations of taxes that go down one year and up again the next, NBR...
National Bank bucks market trend with monetary policy rate
The Board of Governors of the National Bank of Romania has decided to bring a halt to its policy of interest rate cuts, deciding instead at a meeting earlier this month to keep the yearly ra...
NBR's policy allows inflation targeting
NBR's policy allows inflation targeting