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Foreign loans: private debt surges, while the state cuts back
The foreign loans that private companies have to repay exceeded those taken out by the state for the first time in October 2005, reaching 12.3 billion euros in November, while the foreign pu...
Romanians, main investors on the Stock Exchange
Transactions made for Romanian investors account for an ever-larger share of the volumes handled by brokers. So, even though in the January ranking of brokers on the Stock Exchange, the top...
Septimiu Stoica, the new BSE chairman
Septimiu Stoica, a lawyer by trade, and one of the two current vice-chairmen of the Bucharest Stock Exchange was elected for a five-year term as chairman of this institution, a market whose...
No changes to the Fiscal Code
The modified fiscal code will probably come into force on January 1, 2007, six months after being passed in Parliament, Finance Minister Sebastian Vladescu, stated on Tuesday. As a matter of...
Covalact must be sold at the right moment
Dairy producer Covalact forecasts turnover for this year worth 16 million euros, 15% higher in comparison with 2005. The Sfantu-Gheorghe-based company, which is in partnership with the Dutch...
The IMF X-rays the economy
The poor correlation of fiscal policies with monetary policy, which does not help maintain macroeconomic stability; the unresponsiveness of fiscal policy to economic fluctuations; the evolut...
On the weather, the English and books
I had every intention of making this week''s column another anti-Bucharest rant, but as I sit in front of the computer I simply can''t bring myself to write it. Not because I have been hit b...
Marriott enters the free gas market
JW Marriott, the biggest five-star hotel in Romania, is preparing to significantly cut back on its gas bill by directly negotiating purchasing prices, which is what refineries, cement plants...
Erste Bank raises the money to buy BCR
TITL: Erste Bank raises the money to buy BCR Adrian Mirsanu / Vlad Nicolaescu Erste Bank yesterday announced a subscription price for its capital increase of 45 euros/share, with the total v...