Archive » March 2009 » 18 March 2009 The english news from 18 March 2009
Former ministers advise Boc on IMF negotiations
Within months of taking over the country's helm, the government led by Liberal-Democratic Prime Minister Emil Boc, is engaged in sensitive negotiations with the International Monetary Fund (IMF) and the European Commission for a loan estimated at some €19 billion, aimed to help Romania cope with the international financial crisis…
BT, first bank in Romania to cut loan rates
Transilvania Bank announced on Tuesday a cut of up to two percentage points of the interest rates to credits in lei, being the first bank in Romania proceeding to a reduction of loan rates in the past eight years, period when the loan rates surged to almost 28 percent and those applied to deposits declined to 7 percent per year…
Dacia Files Suit Against Scammers Over False Contest
Romanian carmaker Dacia, owned by France's Renault, on Tuesday said will file legal action against several individuals who used the company name in a internet contest scam. Dacia warns the public regarding a new swindle which involves a fake promotion, a contest that advertises the possibility to win Logan cars following a lots drawing…