Archive » June 2009 » 18 June 2009 The english news from 18 June 2009

  • Romania's financial sector crashes 6.8% in today's session, on panic sales

    The five financial companies listed on the Bucharest Stock Exchange (BSE) plunged almost 7 percent in today's session, on panic sales generated by powerful corrections on external markets and by the deferred decision regarding the ownership threshold, brokers say…

  • Final lap for RBS Romania sale

    Major lenders on the international financial market, such as Deutsche Bank (Germany), HSBC (United Kingdom), BNP Paribas (France), EFG Eurobank (Greece), as well as Dinu Patriciu, one of Romania's wealthiest businessmen, are competing to acquire the local subsidiary of the Royal Bank of Scotland (RBS), according to financial market sources for Business Standard…

  • Romanian Govt Extends "First House" Guarantee For House-Building

    The Romanian Government guarantee for the "First House" program will equally target the people taking loans for building a house, according to completions made by the Cabinet at the program's methodological norms. The decision was made in the government meeting Wednesday, governmental sources told MEDIAFAX…

  • Romania lowers its debt

    Romania's balance of payments deficit has dropped by 78.9 per cent in the first four months of 2009 to EUR 1.182 bln, on the backdrop of the significant drop in the trade deficit and the high level of the current transfers' surplus, according to the data published yesterday by the National Bank of Romania (BNR)…

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