Archive » November 2007 » 26 November 2007 The english news from 26 November 2007
Exit polls show Democrat Party won EP ballots, open-party vote referendum invalid due to absenteeism
Estimates put together by an exit poll commissioned tv station Realitatea TV showed the Democrat Party (PD) won the most mandates to the European Parliament securing 31.5 percent of the votes, while the open-party ballot referendum was declared invalid because of absenteeism.…
Banking Mediator to be operational in one year
The Romanian Banking Association (ARB) has registered a Banking Mediator with the Romanian State Office for Inventions and Trademarks (OSIM). This new institution is intended to resolve disputes between banks and their clients, before they get to the court, according to ARB President, Radu Gratian Ghetea.…
BNR will use all tools for securing price stability
The evolution of the exchange rate should be regarded in an overall manner, one could develop analyses on RON depreciation if one considers the peak reached by the national currency in 2007, according to those specified on Saturday by Governor of National Bank of Romania, Mugur Isarescu, in an interview for The Money Channel TV.…
Romania's economy is still riding wave of development, central bank says
Romania's economy is still going well in spite of recent foreign shocks which affected it, central bank's governor said, adding the lender will not tailor its inflation target for 2008, according to an interview shown on The Money Channel. Romania's economy has slow down in its development to 5.8 percent in the first half of the year, versus 7.7 percent…