Archive » June 2009 » 15 June 2009 The english news from 15 June 2009
Interest rates for "First House" program to stand 42 - 49% below the current market rates
Persons interested in taking a loan through the "First House" ("Prima Casa") incentive program will pay interest rates on average 42 - 49 percent smaller than on the market right now, declared the Finance Minister Gheorghe Pogea at the end of the government meeting…
"First Home": Bankers and developers not optimistic
Prime Minister Emil Boc and President Traian Basescu asked bankers to limit interest rates for mortgages for the "First Home" program to 5 percent for euro-denominated loans and some 12.7 percent for loans in lei. This program is part of an effort by authorities to revive the real estate market, hit by the crisis, through the acquisition of homes guaranteed by the state…
Romanian President Plans To Discuss Economic Crisis Issue With Political Leaders
Romania President Traian Basescu said Sunday he plans to discuss the economic crisis issue, in the upcoming period, not only with ministers, but also with political leaders, considering that economic solutions must be accepted in a general debate at society level, sources close to the matter said…
Russian official invites Romania to join South Stream project
Romania has to participate in the Russian energy project South Stream, as well, but the first step towards a possible cooperation has to be made by this country, the vice chair of the Russian State Duma of Valeri Yazev said on Saturday during the Black Sea Economic Cooperation Parliamentary Assembly (BSEC PA), in Bucharest, Agerpres informs…