system
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Chaotic public healthcare system drives patients to private clinics
The chaos reigning in the public healthcare system is sending patients knocking on the doors of private clinics. Increasingly more people are choosing invoiced medical services, as the offic...
$80m loan for irrigation system
The World Bank has approved an $80 million loan for the Project to rehabilitate and reform irrigation in Romania. The project is made up of four components and targets the rehabilitation of...
Banking system provisions, 3,000bn ROL
The level of provisions set up by commercial banks by late March 2003 had amounted to a little above 3,000bn ROL, up 50% as compared to the volume registered at the end of last year, accordi...
Foreign direct investment as life-support system
"Countries such as Romania, which lag behind in terms of reform have only one advantage: they can learn from the successful experience of the other states and avoid the mistakes they made,"...
Unstable tax system threatens EU accession
Romania has the most unstable fiscal system in the entire Central and Eastern Europe, which obstructs the building of a performance market economy, raising doubts about EU accession, say the...
Iliescu likens political evolution to equation system
President Ion Iliescu on Saturday said that Premier Adrian Nastase had reached a "reflexion stage" and that the PM and his government team would eventually find "the appropriate solution," i...
Banking system stable after $4bn losses
The Romanian banking system is among the most stable in the region at the moment, with the banking prudentiality indices among the top performing ones, National Bank of Romania vice-governor...
Romanian banking system still weak
Romanian banking system still weak
Romanian banking system still weak
Romania, the second largest country in the region after Poland, ranks last as for banking development, the share of banking assets in the GDP and the volume of credits granted in the real ec...