Archive » August 2009 » 17 August 2009 The english news from 17 August 2009
The before and after of Romania's crisis
Sustained economic growth, a stronger national currency, and a relaxed budget: this is what the government headed by Calin Popescu Tariceanu was expecting when it approved the first budget for 2009. In Parliament, there was talk about a 50 percent increase in teacher salaries. At this same time, in the United States, Lehman Brothers filed for bankruptcy…
Romania To Resume Econ Growth In 2010
Romanian President Traian Basescu on Saturday said on private television ProTV that the country will resume the economic growth as of 2010 and sees no perspective on stopping the negative economic growth of the gross domestic product. Asked about how much longer the crisis will last, Basescu said…
ME identifies energy investment opportunities worth EUR 40 bln
The Ministry of Economy (ME) has identified investment opportunities worth approximately EUR 40 bln in the energy sector, opportunities that could draw the interest of important investors, Adriean Videanu, the Economy Minister, stated yesterday, Agerpres informs. Among those opportunities Videanu mentioned…
Top ten most expensive paintings sold in Romania
With prices between €59,900 and €160,000, the most expensive works of art sold by auction are safe investments, regardless of the economic context, the more profitable considering that Romanian artists continue to be undervalued, compared to the prices registered on foreign markets…