Archive » September 2008 » 26 September 2008 The english news from 26 September 2008
Governor Isarescu: Solid Romanian banking system resists crisis
The Romanian economy has been able to cope significantly well with the multiple external shocks: 8-9% economic growth is by far the strongest in the EU, whilst inflation has started on a downward trend and could fall towards 6% by the end of the year, the foreign deficit appears to have stabilised…
Allianz estimates net profit worth over €10 mln in 2008
Allianz-Tiric Asigurari, the largest insurance company in Romania, estimates net profit worth over €10 million in 2008, and subscribed gross premiums exceeding €440 million, 19 percent higher year-on-year. The company posted subscribed gross…
Romania's economic growth will stay above 6% until 2013, official prognosis shows
Romania's economic advance will settle at 9.1 percent in 2008 and will maintain a level above 6 percent until 2013, according to the country's prognosis body (CNP) which revised estimates after recent record acceleration of the economy.…
Romanian Ctrl Bk Keeps Key Rate Unchanged At 10.25%
The National Bank of Romania, or BNR, kept its monetary policy rate at 10.25% on the year, leaving unchanged the existing minimum reserve requirement ratios on both leu- and foreign currency-denominated liabilities of credit institutions, the central bank announced Thursday.…
Real estate transaction value fell by 43% in H1, to 902 million euros
The real estate transactions carried out in the first half of the year totalled 902 million, down by 43% over the same period last year, Romania ranking second among the countries of the region, in terms of operation value, according to a survey of the company Jones Lang LaSalle.…
Over 2,000 km of expressways and motorways to be completed in eight years
Over 2,000 kilometers of expressways and motorways will be built in Romania in the next eight years, Transport Minister Ludovic Orban stated at a seminar on infrastructure yesterday, according to Agerpres. ‘It is time we treated the modernisation and upgrading…