Archive » September 2009 » 04 September 2009 The english news from 04 September 2009
Justice system strike costs billions
Thousands of investments, tens of thousands of commercial litigations, and billions of euro are blocked by the protests of magistrates. The first assessments of the effects generated by the crisis in the justice sector announces a harsh outcome, that threatens to deal a final blow to the 2009 financial year, already hit by recession, market crashes, and incoherent economic policies…
Marketing managers earn more than colleagues amid crisis
Marketing managers are the best-paid multinational managers in the year of the crisis, earning 5-10 percent more than their colleagues in other departments. The best paid marketing managers are in the fast-moving consumer goods (FMCG) sector, where salaries at this level are some 40 percent higher than in the financial, IT, and industrial sectors…
Number Of Tourists Entering Romania In July Dn 10.9% YY
The number of tourists entering Romania was 10.9% lower in July compared with the same month a year before, while the number of tourists accommodated was down 14.9% on the year, the National Statistical Institute, or INS, said Thursday. The number of foreign tourists that entered Romania in July was 18.6% lower compared with July 2008, INS release reads…
Citi counts on the revival of industry
The changes connected with internal consumption and the revival faster than anticipated of industry are the arguments which determine Citi analysts to maintain their projection of 7.1 per cent decline of the Romanian economy this year, according to a report published yesterday by the group and taken over by Money Channel…