Archive » March 2009 » 26 March 2009 The english news from 26 March 2009

  • Raiffeisen Bank Romania Warns Clients Against Phishing Attacks

    Romania's Raiffeisen Bank warned its clients not to answer requests received through e-mail or SMS regarding personal data or confidential information, such as passwords or PINs, as the bank will never send out such messages. The messages are written so as to appear legitimate statements from the bank, asking the victim for personal information related to his/her account…

  • Negotiations end: Romania borrows €20 billion

    Romania yesterday finalized negotiations with international financial institutions for a foreign loan. The announcement was greeted by lenders, but businesspeople fear the financing package will not be sufficient to unblock lending and help the economy rebound…

  • Ursache: New investment company to lend confidence to the business circles

    The Authority for State Assets Resolution (AVAS) prepared a memorandum through which the Executive will approve the setting up of a new financial investment company (SIF). "This is a method of turning to account the minority packages," the president of AVAS, Mircea Ursache told Nine O'Clock…

  • Romania's economy to clutch 4.5% this year, rating agency Fitch estimates

    Rating agency Fitch gauges Romania's economy will decrease 4.5 percent this year when the government will face difficulties in narrowing the budget gap below the level recorded in the previous year, a report published by the agency shows. The budget deficit climbed to 4.9 percent of the gross domestic product (GDP) last year by Romanian standards and to 5.3 percent of the GDP according by European ones…

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