Archive » March 2010 » 09 March 2010 The english news from 09 March 2010

  • Romanians find it hard to pay back loans

    Debts in the payment of loans in euro and Swiss francs went up more rapidly in January than in 2009, while the payment delays over 30 days advanced by 14.7% against December, at 3.26 billion lei, according to BNR. Thus, after a monthly increase of debts in euro loans under 100 million lei in 2009…

  • Business community worried by after-crisis period

    The chairman UGIR-1913 Ioan Cezar Coraci, stated on Saturday at the PNL congress that the present government does not seem to understand the fact that it is necessary to have public policies to overcome the economic crisis which keeps Romania away from the European average…

  • BERD : the stimuli announced by the Romanian government were rather « imaginary »

    The stimuli package of 13 billion euro announced in February 2009 by the Romanian government for the counterattacking of the effects of the economic crisis was " more imaginary rather than real" the European Bank for Reconstruction and Development says (BERD). As a result of the crisis, many governments announced fiscal programmes…

  • Moody's: the perspective of the banking system in Romania is negative

    The perspective of the banking system in Romania is negative due to the difficult economic conditions determined by the world financial crisis, but the banks were capable to absorb the shocks, according to a report of the Moody's financial evaluation agency. The agency says that the financial support on the part of the IMF and the EU…

Up