Archive » December 2009 » 16 December 2009 The english news from 16 December 2009
Banks: Ours will be the highest crisis costs
The change in the attitude of consumers is the main source of concern for businesspeople. "Fear of the future is standing in the way of Romanians to consume and to apply for loans," Octavian Radu, President and founder of the RTC group, told The Money Channel. Camelia Sucu, owner of the Class Mob furniture business…
IMF Says Will Send New Review Mission To Romania In Jan
The International Monetary Fund will send in January a new mission to Romania to assess the country's performance in meeting the terms of a EUR20 billion IMF-led aid package, IMF official Jeffrey Franks said Tuesday. Speaking after a meeting with Romanian interim Finance Minister Gheorghe Pogea, Franks said the IMF will release a new EUR1.5 billion disbursement to Romania shortly after the review mission concludes its report…
IMF: 2010 budget is realistic
The 2010 budget is realistic and the challenge is to send it to Parliament as fast as possible, the International Monetary Fund chief of mission Jeffrey Franks said at the end of talks held at the Public Finances Ministry on Tuesday…
President Basescu looking for Prime Minister
Negotiations to form a parliamentary majority are close to becoming a sure thing, following the validation by the Constitutional Court of Traian Basescu's second mandate as President of Romania. His Democratic Liberal Party (PD-L) managed to obtain a majority, with three lawmakers, two Social Democrats and one National Liberal…