recession
24 articole · RSS
Bad payers push Transelectrica into "recession"
Transelectrica's first-half results were negatively influenced by a series of energy producers' and suppliers' not paying their debts, and the company is still "in recession", maintains the...
Vlădescu telling foreigners Romania is already out of recession
Romania is already out of recession and on the right track, Finance Minister Sebastian Vlădescu told foreign investors during a live statement on international business TV channel Bloomberg...
Analysts don't see eye to eye on economy performance on 2011
Once everybody has agreed on the recession continuing in 2010, the 'bets' are now moving to the prospects of the economy in 2011. Whereas the IMF, the Government and some analysts see growth...
Analysts and businesspeople verdict: Romania stays in recession in 2010
The majority of analysts and businesspeople have revised their economic forecast down this year, after a disappointing first quarter.
UniCredit feels the prolonged recession: profit down 50%
UniCredit Tiriac, a top ten player controlled by one of the most powerful European groups, has seen its first-quarter net profit cut in half, to almost 16 million euros, because of the 150%...
Analysts: Economy contracts by 3.4% in Q1
The economy remained in recession in the first quarter of the year, with the GDP down by 3.4% in real terms compared with the similar period of 2009, and by 0.5% against the last quarter of...
Economy still in recession after Q1
Romania was still in recession in the first quarter, and hopes for a rebound have been moved to the second quarter of 2010, analysts say.
Recession eats into small banks' market shares but allows others to rise fast
Many of the banks with a less than 3% market share lost ground in recession year 2009 due to either freezing or significantly slowing down lending due to diminished funding from parent banks...
The economy is further slipping into recession
Everybody was expecting a quarter-to-quarter economic rebound, but the decline worsened from -0.6% to -1.5% in Q4, 2009 from Q3, 2009.