Archive » May 2009 » 27 May 2009 The english news from 27 May 2009

  • Advisor to central bank governor runs for top notch post at the Bucharest Stock Exchange

    Lucian Croitoru, advisor to the central bank governor, will run for the vacant board position with the Bucharest Stock Exchange (BSE) after receiving a proposal from bourse representatives. Croitoru told NewsIn about the proposal and said the new post poses no incompatibility with the current position he holds at the central bank, as BSE is a private institution…

  • Businesspeople critical of government priorities

    Numerous baseless declarations, no collaboration with the business environment, excessive social dialog, and a lack of predictability in the fiscal sector were but a few of the reproaches that members of the "Private Government" heaped on ministers headed by Prime Minister Emil Boc, who presented the five-month balance sheet of the current Executive yesterday…

  • Partial Loan Guarantee In "First House" Proj To Trigger Lower Interest Rates

    The partial guaranteeing of the loan through the "First House" project will lead to lower interest rates, but it depends on each bank, while the biggest impact as regards lending will be seen at euro-denominated loans, Alpha Bank president Sergiu Oprescu said Tuesday. As for the household lending norms, Oprescu said he expects the central bank would also intervene…

  • Basescu: Russia is EU's most important, yet most demanding neighbour

    "Russia is the largest, most important neighbour of the European Union, but also the most demanding, the list of differences being a rather long one," President Traian Basescu said yesterday, in his opening speech at the EU-Russia Economic Forum in Bucharest. The president underlined that Russia is the EU's third largest trade partner and that the main Russian exports are gas and oil…

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