Archive » November 2009 » 13 November 2009 The english news from 13 November 2009
Leasing market falls below 2005 level, to €1.07 bln
The leasing market declined dramatically in the first nine months of this year, by 74 percent, to €1.07 billion, due to the drop in financing on the equipment and vehicle segments. According to data provided by the Association of Financial Enterprises in Romania (ALB), vehicle financing plunged 76 percent in the first three quarters…
Popa (BNR): Romania's economy to up by 0.5-1.5 pc in 2010
Romania's economy will report an economic growth ranging between 0.5 and 1.5 percent, deems the vice-governor of the National Bank of Romania (BNR). Present on Thursday at the Summit Economic Forum 2009, Cristian Popa stressed that the forecast is personal and unrelated to the BNR's prediction…
EIB Plans To Grant EUR1.5B Loans In Romania In 2010
The European Investment Bank estimates it will grant loans of EUR1.5 billion in Romania next year, for energy projects, SMEs support and local authorities' investments, the bank's vice-president Matthias Kollatz-Ahnen said Thursday in Bucharest. In 2008, EIB financed Romanian projects by EUR1.1 billion…
Brokers fear foreigners will continue to be net sellers
Brokers said that foreigners were net sellers because of the political crisis, adding that this situation could repeat itself in November. "From what we can see at the moment, foreigners are selling in November too. There is a positive feeling for emerging markets, but in Romania foreigners prefer to sell or wait for clarification of the political situation…