Archive » October 2009 » 01 October 2009 The english news from 01 October 2009
The food industry continues to attract investment funds
In spite of the crisis, the cold meats, milk, and canned fruits and vegetables industries remain attractive for investments funds and large players on the domestic market. However, no major moves are expected this year, but rather for the second half of 2010, according to representatives of food industry employers associations…
Bucharest 1, 2-Room Flat Prices Up 15% In Sept Over 'First Home' Program - Colliers
The prices of studio flats and two-room apartments rose 15% in September compared with the period prior to enforcing the "First Home" program, while the prices of three-room apartments were up by 5%-10%, according to real estate consultancy company Colliers International…
Romania, unable to get out of crisis by itself, president Basescu says
President Traian Basescu said, on Wednesday, at a meeting he had in Fetesti, with the community of the businessmen of the county of Ialomita, south-east, that Romania does not intend to get out of the crisis by its own efforts…
Moody's: CEE needs fiscal cuts, no upgrades soon
There is little chance of rises in eastern European countries' debt ratings in the next few years given recent fiscal expansion and worsening growth prospects, analysts from ratings agency Moody's said recently. Moody's vice-president and senior analyst Dietmar Hornung, told the Reuters Central European Investment summit…