Archive » December 2008 » 11 December 2008 The english news from 11 December 2008
Capital market watchdog approves new private equity of Aviva Investors Romania
The National Securities Commission (CNVM), which is the capital market watchdog, authorized a new private equity on the market, Aviva Investors Leader, belonging to the investment management division of the UK-based financial group Aviva. Aviva Investors Leader will have as a central depositary the largest bank by assets in Romania…
Croitoru, NBR: Consumer spending needs to be cut by 5bn euros to "sweeten" the loss of financing
A significant adjustment of the current account of 4% of GDP, done in an orderly fashion, is strictly necessary to "sweeten" the manner in which foreign investors will decide to cut foreign funding in Romania, believes Lucian Croitoru, NBR Governor's advisor…
Businesspeople optimistic about PM nomination
President Traian Basescu yesterday nominated Liberal Democrat (PD-L) Teodor Stolojan, a renowned economist and former Prime Minister, as Romania's new PM, a week and a half after general elections with the toughest score in 20 years. Stolojan, 61, is one of Basescu's closest political allies…
Around 43,000 People In Romania May Lose Jobs By Apr '09
The number of jobless people in Romania rose in November by around 12,000 persons and is estimated to increase by another 43,000 persons until April 2009, especially in the construction and agriculture sectors, Labor Minister Mariana Campeanu said Wednesday. "The number of jobless people rose in November by around 12,000 persons"…