Archive » September 2008 » 15 September 2008 The english news from 15 September 2008
Romanian Fondul Proprietatea To Pay 2007 Dividends Sep 15
Romania's investment fund Fondul Proprietatea will pay dividends worth 0.0659 lei (EUR 1 = RON 3.6031)/share for 2007, as of September 15, the company said Friday in a press statement…
Analysts: The NBR will not raise interest rates after August deflation
Economic analysts have changed their mind and now estimate the NBR (National Bank of Romania) could preserve or even reduce the monetary policy rate by the end of this year, amid favourable inflation progression in August and the prospect of entering a disinflation trend after the yearly 9.04% peak reached in July…
Funds pay administrators bonuses worth up to 3 percent of profit on exit
Managers of projects led by private equity funds in Romania receive bonuses worth up to 3 percent of profits on exit, according to specialists interviewed by Business Standard. Former investment manager of Spanish GED fund, Francisc Bodo, said Romanian managers received bonuses worth some 1 percent of profit…
Romania's monthly unemployment rate ups to 3.87% in August, statistics show
The unemployment rate in Romania advanced to 3.87 percent in August as the number of jobless people increased by 5,000 compared to the previous month, according to data from the country's labor force agency (ANOFM)…
Merrill Said to Discuss Merger With Bank of America
Merrill Lynch & Co. is in merger talks with Bank of America Corp. after shares of the third- biggest U.S. securities firm fell by more than 35 percent last week and smaller rival Lehman Brothers Holdings Inc. neared bankruptcy, people with knowledge of the negotiations said…