Archive » October 2008 » 07 October 2008 The english news from 07 October 2008
DEGI gets 20-30 offers of properties for sale per month
German fund manager DEGI, which bought more than 250 million euros' worth of properties in Bucharest, continues to be interested in acquisitions on the Romanian market, and owners are meeting the company halfway, given the low number of buyers of real estate properties active this year…
Interest rates for euro loans up 25 percent due to leu depreciation
The interest rates of Romanians who took banking loans in euro increased by an average 25 percent due to national currency depreciation, who was short on the RON4/€1 threshold yesterday, close to a four-year high…
Romanian financial companies crash 10% after the Paulson plan failed to calm financial markets
The index measuring the five financial companies SIF collapsed 10 percent today because investors' fears continued to grow, despite the Paulson plan meant to smooth markets. Panic took over the capital market, after stocks in the U.S. fell immediately after the plan to save the financial system was adopted, Gabriel Aldea, broker with Intercapital Invest.…
Romania Could Use EU Measures To Fight Crisis, If Needed
The Romanian authorities are ready to replicate the measures used by European Union, in order to counter possible shocks of the international crisis, central bank governor Mugur Isarescu said Monday…