Archive » February 2009 » 13 February 2009 The english news from 13 February 2009
Econ Crisis Will Kill Some 40% Of Romanian SMEs - SME Min
The Romanian minister in charge with small and medium sized enterprises (SMEs), commerce and the business environment, Constantin Nita, said Thursday some 40% of SMEs will have problems this year and could go bankrupt because of the economic crisis.…
SIF operate tens of millions of euros in adjustments for assets
The SIFs (financial investment companies) will set aside several tens of millions of euros in reserves for the amortisation of the depreciation of the financial investments made over the last few years. These adjustments are higher than the entire last year's profit in some cases, as a result of the severe declines on the Stock Exchange, SIFs' managers say.…
Proell: Romania should take out a foreign loan
During yesterday's talks with Minister of Public Finance Gheorghe Pogea and the Governor of the National Bank of Romania (BNR), Mugur Isarescu, Austrian Minister of Finance, Josef Proell, encouraged the Romanian state to take out a loan from either the International Monetary Fund (IMF) or the European Union (EU), and use such funds mainly to support the…
Romania could borrow more than EUR 8bn from the EC, IMF
Romania's government is in talks with the European Commission to contract a 7 billion euro loan and with the International Monetary Fund for another 1-3 billion euro loan after it made such pressures during the regular mission, people from the government told NewsIn.…