26 July 2010

The wind farm frenzy in Dobrogea has gone wild when five people where shot with rubber bullets on the premises of one of these wind farm projects in the area. The shooting followed a conflict between the inhabitants and the mayor in Cogealac locality, on one hand, and the body guards protecting the wind farm project which is being built there.

26 July 2010

The International Monetary Fund will revise Romania's economic forecast for this year, which currently stands to expect a 0.5 percent GDP drop, according to Jeffrey Franks, the head of the IMF mission to Romania. However, he has labeled the 3 percent drop forecast put forward by the European Bank of Reconstruction and Development (EBRD) as 'pessimistic'.

26 July 2010

The availability rate for offices in Bucharest rose to 18.9 percent in the second quarter of this year, compared to a rate of 18.1 percent in the first quarter, according to DTZ Echinox. “A further increase of the availability ratio is expected by the end of the year, when a significant amount of new supply is about to be delivered: Platinum Business & Convention Centre, Swan Office Park (Phase I), Nusco Tower,” writes DTZ Echinox' statement.

26 July 2010

Romanian consumers could be able to receive some of their money back on products they have purchased if they ask for the fiscal bills, and also deduct some repairing works for their homes, if a law project in works will be enforced. The Finance Ministry is working on a piece of legislation which should be ready in September and which could be enforced in the fourth quarter of the year or at the beginning of next year.

26 July 2010

Romanian media, State-owned companies make 10 billion euro per year, but are incapable to generate profit- in Ziarul Financiar, Romanians asking for fiscal receipts, set to get part of spent money back - in Ziarul Financiar, UniCredit Group head: We're targeting a top 3 position in Romania - in Ziarul Financiar, A Romanian takes over the reins of Groupama - in Ziarul Financiar, Transelectrica invests EUR 18 million - in Ziarul Financiar, Billionaire Mittal brings EUR 83 million to save Hunedoara unit - in Ziarul Financiar

23 July 2010

Foreign direct investments in Romania went down in May this year by 31.5 percent compared to the same month of 2009, according to the Foreign Investments Direction within the Romanian Center for the Promotion of Trade and Investments. It had been worse at the beginning of the year, when the FDI drop was of 73 percent, but investments increased during March, where the drop was of only 48 percent.

23 July 2010

The International Monetary Fund and the European Commission have agreed with the first nine foreign banks in Romania over an exposure rate of 95 percent of the level in March 2009. IMF, Eu and banks' representatives met yesterday in Brussels, together with Romanian Central Bank (BNR) and Finance Ministry representatives from Romania.

23 July 2010

Romanian media, New round of talks with IMF starts from 0.5% GDP decline scenario in 2011 – in Ziarul Financiar, Romanian shops no longer give fiscal receipts to make food cheaper– in Ziarul Financiar, iFond brings FP shares to the Stock Exchange sooner – in Ziarul Financiar, Four banks have 33 million euros to recoup from insolvent Impact – in Ziarul Financiar, 100 wind project have contracts with Transelectrica – in Ziarul Financiar,

26 July 2010

The wind farm frenzy in Dobrogea has gone wild when five people where shot with rubber bullets on the premises of one of these wind farm projects in the area. The shooting followed a conflict between the inhabitants and the mayor in Cogealac locality, on one hand, and the body guards protecting the wind farm project which is being built there.

26 July 2010

The International Monetary Fund will revise Romania's economic forecast for this year, which currently stands to expect a 0.5 percent GDP drop, according to Jeffrey Franks, the head of the IMF mission to Romania. However, he has labeled the 3 percent drop forecast put forward by the European Bank of Reconstruction and Development (EBRD) as 'pessimistic'.

26 July 2010

The availability rate for offices in Bucharest rose to 18.9 percent in the second quarter of this year, compared to a rate of 18.1 percent in the first quarter, according to DTZ Echinox. “A further increase of the availability ratio is expected by the end of the year, when a significant amount of new supply is about to be delivered: Platinum Business & Convention Centre, Swan Office Park (Phase I), Nusco Tower,” writes DTZ Echinox' statement.

26 July 2010

Romanian consumers could be able to receive some of their money back on products they have purchased if they ask for the fiscal bills, and also deduct some repairing works for their homes, if a law project in works will be enforced. The Finance Ministry is working on a piece of legislation which should be ready in September and which could be enforced in the fourth quarter of the year or at the beginning of next year.

26 July 2010

Romanian media, State-owned companies make 10 billion euro per year, but are incapable to generate profit- in Ziarul Financiar, Romanians asking for fiscal receipts, set to get part of spent money back - in Ziarul Financiar, UniCredit Group head: We're targeting a top 3 position in Romania - in Ziarul Financiar, A Romanian takes over the reins of Groupama - in Ziarul Financiar, Transelectrica invests EUR 18 million - in Ziarul Financiar, Billionaire Mittal brings EUR 83 million to save Hunedoara unit - in Ziarul Financiar

23 July 2010

Foreign direct investments in Romania went down in May this year by 31.5 percent compared to the same month of 2009, according to the Foreign Investments Direction within the Romanian Center for the Promotion of Trade and Investments. It had been worse at the beginning of the year, when the FDI drop was of 73 percent, but investments increased during March, where the drop was of only 48 percent.

23 July 2010

The International Monetary Fund and the European Commission have agreed with the first nine foreign banks in Romania over an exposure rate of 95 percent of the level in March 2009. IMF, Eu and banks' representatives met yesterday in Brussels, together with Romanian Central Bank (BNR) and Finance Ministry representatives from Romania.

23 July 2010

Romanian media, New round of talks with IMF starts from 0.5% GDP decline scenario in 2011 – in Ziarul Financiar, Romanian shops no longer give fiscal receipts to make food cheaper– in Ziarul Financiar, iFond brings FP shares to the Stock Exchange sooner – in Ziarul Financiar, Four banks have 33 million euros to recoup from insolvent Impact – in Ziarul Financiar, 100 wind project have contracts with Transelectrica – in Ziarul Financiar,

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