Romanians will cut housing, clothing and mobile phone expenses – in Ziarul Financiar, Clients loose patience and start filing lawsuits against banks to reduce cost of credits – in Ziarul Financiar, BCR becomes 'real estate agent' to stimulate loans – in Ziarul Financiar, EUR 100 million energy export – in Ziarul Financiar, Companies' access on the Romanian market, through the Unique Contact Point – on Dailybusiness.ro, Central Bank Reserves, down for the forth month in a row – on Dailybusiness.ro

Romanian state-owned passenger railway company CFR Calatori and state-run subway company Metrorex will raise tariffs by 8 percent from September 15, according to Transport Minister Radu Berceanu.

Harvard University professor Kenneth Rogoff expects a few eastern European countries, among which Romania, to go bust in the next two to three years, according to Profil magazine, quoted by Bloomberg.

Renault Group has recently opened near Pitesti the largest car parts center outside France, which will distribute spare parts and accessories for Dacia, Renault and Nissan brands in Romania. The center is located in Oarja village, nearby Pitesti, north-west of Bucharest.

Romania's international reserves went up by EUR 227 million – 0.65 percent in August compared to July, reaching EUR 34.7 billion, according to the Romanian Central Bank (BNR). The reserves include gold and foreign currency. The foreign currency reserves reached EUR 31.55 billion at the end of August this year, slightly down on the EUR 31.58 billion at the end of July.

Romania's Gross Domestic Product (GDP) dropped in the first half of 2010 by 2.4 percent, compared with the first half of 2009, but registered a 0.3 percent increase in the second quarter of 2010 on this year's first quarter, according to the National Institute of Statistics (INS).

Household consumption of consumer goods dropped by 4 percent in Romanian currency in the first six months of the year, compared to the same period of last year, which is the first decline in the last ten years, found a study by GfK Romania. “This is the first decline in the last ten years, during which the year-on-year growth rates varied between 7 and 25 percent. In a less friendly economic and political context, consumers paid fewer visits to stores, supermarket being among most affected,” said Raluca Raschip, consumer tracking director with GfK Romania.

Romanian telecoms regulator ANCOM (The National Authority for Management and Regulation in Communications of Romania) has stopped the tender to award the country’s first two digital TV operation licenses, the state body has announced.

Romanian media

Head of euro zone, Trichet, to attend Romanian central Bank's 130th anniversary on Sunday – in Ziarul...

Several workers' unions in Romania representing state employees will organize a strike on October 7 to protest against the new salary law project. State employees could start an unlimited general strike after September 15 and workers' unions expect a broader participation than in previous such events, as more austerity measures have impacted workers in the meantime.

Romanians will cut housing, clothing and mobile phone expenses – in Ziarul Financiar, Clients loose patience and start filing lawsuits against banks to reduce cost of credits – in Ziarul Financiar, BCR becomes 'real estate agent' to stimulate loans – in Ziarul Financiar, EUR 100 million energy export – in Ziarul Financiar, Companies' access on the Romanian market, through the Unique Contact Point – on Dailybusiness.ro, Central Bank Reserves, down for the forth month in a row – on Dailybusiness.ro

Romanian state-owned passenger railway company CFR Calatori and state-run subway company Metrorex will raise tariffs by 8 percent from September 15, according to Transport Minister Radu Berceanu.

Harvard University professor Kenneth Rogoff expects a few eastern European countries, among which Romania, to go bust in the next two to three years, according to Profil magazine, quoted by Bloomberg.

Renault Group has recently opened near Pitesti the largest car parts center outside France, which will distribute spare parts and accessories for Dacia, Renault and Nissan brands in Romania. The center is located in Oarja village, nearby Pitesti, north-west of Bucharest.

Romania's international reserves went up by EUR 227 million – 0.65 percent in August compared to July, reaching EUR 34.7 billion, according to the Romanian Central Bank (BNR). The reserves include gold and foreign currency. The foreign currency reserves reached EUR 31.55 billion at the end of August this year, slightly down on the EUR 31.58 billion at the end of July.

Romania's Gross Domestic Product (GDP) dropped in the first half of 2010 by 2.4 percent, compared with the first half of 2009, but registered a 0.3 percent increase in the second quarter of 2010 on this year's first quarter, according to the National Institute of Statistics (INS).

Household consumption of consumer goods dropped by 4 percent in Romanian currency in the first six months of the year, compared to the same period of last year, which is the first decline in the last ten years, found a study by GfK Romania. “This is the first decline in the last ten years, during which the year-on-year growth rates varied between 7 and 25 percent. In a less friendly economic and political context, consumers paid fewer visits to stores, supermarket being among most affected,” said Raluca Raschip, consumer tracking director with GfK Romania.

Romanian telecoms regulator ANCOM (The National Authority for Management and Regulation in Communications of Romania) has stopped the tender to award the country’s first two digital TV operation licenses, the state body has announced.

Romanian media

Head of euro zone, Trichet, to attend Romanian central Bank's 130th anniversary on Sunday – in Ziarul...

Several workers' unions in Romania representing state employees will organize a strike on October 7 to protest against the new salary law project. State employees could start an unlimited general strike after September 15 and workers' unions expect a broader participation than in previous such events, as more austerity measures have impacted workers in the meantime.