Expats

Leave a Reply [Mar 11, 2012] Raising salaries in the public sector without an increase of budget incomes might endanger Romania?s programme with the European Union (EU) and the International Monetary Fund (IMF), such a measure being the main risk for the Romanian economy, Deutsche Bank warns, quoted by Mediafax.The German Bank revised downwards its forecast of Romania?s economic growth this year, from 1.9 pc to 1.7 pc ... [via YahooNews] More >>

Romanian Central Bank Lowers Benchmark Interest Rate for a Third Time [Feb 02, 2012] Romania?s central bank cut its benchmark interest rate by a quarter point for the third time in as many meetings to boost economic growth amid Europe?s debt crisis while the inflation rate falls to post-communist lows. [via YahooNews] More >>

New anti-government protests in Romania [Jan 19, 2012] BUCHAREST (AP) - About 2,000 people demonstrated against Romania's harsh austerity measures in cities across the country on Wednesday and demanded the government's resignation. Related Stories Paralysed Nevada man reaches South Pole in sit-ski Aussie ultra-marathon man finishes pole-to-pole run Videogame prompts UK woman's weight loss Robert Shiller: Does Austerity Promote Economic Growth? Woman ... [via YahooNews] More >>

Hometownstations.com-WLIO- Lima, OH News Weather SportsPM warns violence could destabilize Romania [Jan 17, 2012] BUCHAREST, Romania (AP) - More than 1,000 demonstrators jeered government austerity measures in downtown Bucharest on Monday as Romania's prime minister warned that violent clashes like those that left 59 injured over the weekend could jeopardize stability and economic growth. [via YahooNews] More >>

PM warns protests could destabilize Romania [Jan 16, 2012] More than 1,000 demonstrators jeered government austerity measures in downtown Bucharest on Monday as Romania's prime minister warned that violent clashes like those that left 59 injured over the weekend could jeopardize stability and economic growth. [via YahooNews] More >>

PM warns violence could destabilize Romania [Jan 16, 2012] Dozens of demonstrators gathered in downtown Bucharest Monday as Romania's prime minister warned that violent protests that left 59 injured over the weekend could jeopardize stability and economic growth. [via YahooNews] More >>

Romania rocked by violent protests [Jan 16, 2012] More than 1000 demonstrators have jeered government austerity measures in downtown Bucharest as Romania's prime minister warned that violent clashes like those that left 59 injured over the weekend could jeopardize stability and economic growth. read more [via YahooNews] More >>

PM warns violence could destabilize Romania [Jan 16, 2012] Romania's prime minister warned Monday that violent protests that left 59 injured over the weekend could jeopardize the country's stability and chances for economic growth. [via YahooNews] More >>

IMF revises Romania's economy growth forecast [Nov 07, 2011] An International Monetary Fund official has revised down Romania's economic growth forecast for 2012 because of economic difficulties in Europe. [via YahooNews] More >>

IMF revises Romania's economy growth forecast [Nov 07, 2011] The Associated Press The Associated Press BUCHAREST, Romania An International Monetary Fund official has revised down Romania's economic growth forecast for 2012 because of economic difficulties in Europe. Jeffrey Franks says Monday the country's economy should grow by 1.8 to 2.3 percent next year if consumer spending increases and Romania absorbs more European Union funds. The IMF had ... [via YahooNews] More >>

The Romanian market has a huge potential to return to prosperity in the long run, yet, this potential should become ... [Oct 23, 2011] While the European Commission?s forecasts on Romania?s economic growth are positive, it is nonetheless quite important for these estimates to become reality, Joaquin Almunia, Vice-President of the European Commission and Commissioner for Competition, told the conference ?Competition in key sectors of the Romanian economy?, Mediafax reports. [via YahooNews] More >>

Romania GDP growth slows down in Q2 [Aug 16, 2011] BUCHAREST : Romania's economic growth slowed to 1.4 percent on the year in the second quarter after a 1.7 percent growth in January-March, and was 0.2 percent up on the quarter, data showed on Tuesday. [via YahooNews] More >>

2011 to mark a trend change for Romania [Jan 21, 2011] The country needs foreign investments, not financing from China, Romanian representative at the IMF Mihai Tanasescu says. The stand-by agreement concluded with the IMF for the purpose of bringing Romania back to economic growth has unfortunately missed the target in that respect. [via YahooNews] More >>

Balkan, Hungarian Banks Are East Europe?s Riskiest, Fitch Says [Oct 22, 2010] Romanian, Hungarian and Bulgarian banks are the most vulnerable in eastern Europe to any renewed crisis as the volume of bad loans remains high and sluggish economic growth curtails lending, Fitch Ratings said. [via YahooNews] More >>

IMF stamps Romanias austerity program, warning regional uncertainties [Aug 09, 2010] While praising Romania s efforts to slash its huge fiscal deficit at a reasonable level, the International Monetary Fund (IMF) warned that regional uncertainties could impede the countrys economic growth perspective. [via YahooNews] More >>

IMF stamps Romania's austerity program, warning regional uncertainties [Aug 08, 2010] While praising Romania's efforts to slash its huge fiscal deficit at a reasonable level, the International Monetary Fund (IMF) warned that regional uncertainties could impede the country's economic growth perspective. [via YahooNews] More >>

Nine O'Clock [Apr 15, 2010] Central Bank adviser Croitoru says crediting resumption will occur after 2 or 3 quarters of economic growth. [via YahooNews] More >>

Romanian economy on upward trend: central bank governor (People's Daily) [Mar 27, 2010] The Romanian economy seems to have taken an upward trend, said on Friday Mugur Isarescu, governor of the central bank. "I think there are signs the economy is re-starting," Isarescu said, stressing that Romania can resume the economic growth by good policies and once confidence is regained. "Let us not forget that we were that close to the brink, but taxes were not hiked, not the important ones ... [via YahooNews] More >>