turmoil
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SIFs rethink strategies to face turmoil
SIF (financial investment companies) managers say Romanian capital market turmoil is far from ending, expecting steeper stock price declines in the following period. Against this backdrop, short-term speculations become SIFs' main profit source.
Europe turmoil drove Bucharest foreign currency transactions to 32.4bn euros in April
Dealers in April traded 32.4bn euros on the Bucharest foreign currency market, 10% more than in the same month of last year, spurred by rising imports and exports and international markets t...
Unit-linked policy holders see 45% losses
Unit-linked insurance has registered declines of as high as 45% since the start of the year, mainly in the wake of financial turmoil.
Arabesque: Real estate turmoil will be felt next year
Arabesque, the largest distributor of construction materials on the local market, with annual turnover worth 450 million euros, expects the constructions materials market to slowdown in 2009...
Pharmaceutical market in turmoil
April sees the introduction of a new drug prescription method on the pharmaceutical market at a time when the industry is in full turmoil after the Health Ministry refused to adjust prices i...
Stock Exhange and forex market hit by new wave of turmoil
The forex market and stock exchange were yesterday, once again, rocked by a new wave of unrest that reverberated across western markets, as names of yet more banks affected by the mortgage c...
Vladescu warns political turmoil risks damaging Romania's image
It would be a crime for Romania to miss out on the current economic window of opportunity, "for reasons of political rebellion" as foreign investors are difficult to attract after initially...
National Bank of Romania forecasts forex market turmoil
National Bank of Romania forecasts forex market turmoil