Bucharest Falls 55 Places To 187 In World Priciest Expat Cities SurveyPublish date: 12-06-2009
Romanian capital Bucharest fell 55 places to 187th in a ranking of most expensive cities in the world for expat workers, according to a survey of human resources company ECA International.
ECA's 2009 Cost of Living survey noted Bucharest also dropped one notch to 70th among most European expensive cities for expats.
The survey saw Bucharest cheaper than Budapest in Hungary (which ranked 69th), Chisinau in Moldova (68th), Prague in the Czech Republic (61st), Sofia (48th), Bratislava (43rd) etc.
Angolan capital Luanda was voted world's costliest city for foreigners the second year in a row, followed by four Japanese cities: Tokyo, Nagoya, Yokohama and Kobe, the survey noted.
European wide, Copenhagen in Denmark surpassed Norway's capital Oslo as the most expensive city for expats.
- Insurance market stagnated in 2013 while GDP chare dropped to 1.3%
- The Romanian Leasing Market as of December 31, 2013
- Millennium Bank reports best results since its launch, helped by stronger banking income and cost cuts
- BCR cheapens First Home loans and lowers interest loans for loans in lei
- Millennium Bank's new Salary account clients receive up to 600 lei bonus and their utility bills' payment
- GarantiBank and Seamless introduce SEQR in Romania: the newest mobile payment solution
- Bancpost telecom services, now provided exclusively by Romtelecom and COSMOTE Romania
- Millennium Bank cards offer discounts in Domo stores
- BCR Supervisory Board reshuffles Management Board
- NBR decide to lower the monetary policy rate to 4.25 percent per annum
- Common appointments in Romtelecom and COSMOTE Romania
- Up to 5.5% annual interest rate for Millennium Bank's promotional three-month lei deposit
- Eurozone in recovery mode but gap between North and South still widening
- UniCredit Tiriac Bank and RBS Romania announce the successful completion of the retail clients' migration
- Millennium Bank grants First House loans in lei