Archive » August 2009 » 18 August 2009 The english news from 18 August 2009
Aggresive relaunch of lending no earlier than 2010
The government is responsible for improving the perception regarding the country risk, with direct impact on the costs of foreign currency financing, while lenders must manage the risk as well as possible, so that clients pay a minimum price. This is the message of some of the most important bankers on the local market interviewed by Business Standard…
PD-L and PSD come up with 32 anti-crisis measures
State aid for small and medium-sized enterprises (SME), supporting production for exports through guarantees and counter-guarantees, loans for refurbishing and modernizing homes and buildings, exempting reinvested profit from taxation, expanding the "Rabla" clunker trade-in program to include companies, are some of the most important anti-crisis measures that will go into effect as of 1 September…
Romania's Cap City New Apartment Prices Dn Up To 40% Y-Y In 1H - Survey
The prices in euro currency of the new dwellings from Romania's capital city Bucharest dropped by 15-40% in average in the first semester compared with the same period a year ago, touching 2005's prices, according to a survey conducted by real estate consultancy firm CB Richard Ellis (CBRE)…
Eastern European economies struggle to regain foothold
As much of Western Europe begins to crawl out of recession, central and eastern European nations are slowly following, according to Deutsche Welle, HotNews informs. But some are finding it difficult to get their economies back on track. Analysts say many European countries have begun to slowly pull themselves out of the economic doldrums…