Archive » September 2008 » 10 September 2008 The english news from 10 September 2008
Financial crisis boosts Eastern managers purchasing power
Romania went up 14 places in the ranking of managers' purchasing power globally, according to a study by HR consulting company Hay Group. It currently ranks eighth, compared to 22nd in 2007…
Romania's home mortgage banks market could add new players in the next years
Romania's home mortgage banks market can currently count from four to six players, so new players are likely to enter the market in the next years, according to the vice president of BCR Banca pentru Locuinte, the unit of Romania's largest lender by assets BCR, Carmen Schuster…
Isarescu: Romania is far from "hard landing"
Romania does not run the same dangers like Lithuania, Latvia, Estonia and Bulgaria - a group considered by the foreign analysts doomed to a "hard landing," BNR Governor declared in an interview to Mediafax. "Reading the texts of the respective foreign analysts, I found with difficulty a solid argument meant to justify the inclusion of Romania in the hard landing risk area. On the contrary," he said…
Romania Fin Min Sees '08 Econ Growth At 8%
Romania's economy and finance minister Varujan Vosganian said Tuesday that the country's economic growth will likely be 8% at the end of the year. Romania's economy grew 8.8% in the first half of the year, boosted by a robust 9.3% increase in gross domestic product in the second quarter, following a good farming year, analysts said…