Archive » November 2008 » 25 November 2008 The english news from 25 November 2008
Romania's leasing market slows down annual growth to 29.7% in the first nine months, to EUR 4.3bn
The Romanian leasing market rose only 29.7 percent in the first nine months, versus 42 percent in the same period last year, especially because the pollution tax on cars entered into force, data from the Leasing Companies Association (ALB) show…
Burduja, Raiffeisen: Financial crisis is like an epidemic
Even the strongest of companies can find themselves in hot water when beneficiaries cease paying, whilst in times of crisis, problems that are not solved immediately can spread rapidly in several directions, with unpredictable outcomes, warns Marinel Burduja, prime vice-president at Raiffeisen Bank…
Analysts: Romania's economic growth halves in 2009
The economic growth will slow down next year, dropping to less than half as against the rate in 2008, which is estimated to more than 8 per cent, Antena 3 TV informs. The first signs of the economic growth slowing down are to be experienced starting with the last quarter of the year, since GDP lowers to 6 per cent, according to experts…
President Basescu interested in activity of big companies
President Traian Basescu stated on Monday, in a press conference, that he has recently paid several visits to Romanian commercial companies because 'during a period when the economic and financial crisis deepens' the head of state cannot stay aside…