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.
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'.
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.
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.
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
An International Monetary Fund (IMF) mission, headed by Jeffrey Franks, will be in Bucharest between July 26 and August 4 for the fifth review of the stand-by agreement Romania has signed with the fund. An European Commission review mission will also be visiting Romania during this period.
Seven European banks, most of which coming from Spain, have failed the European union's stress test whose results were published on Friday. One of the banks that has failed the test, Greek ATE Bank, is also active in Romania. The seventh bank is the German Hypo Real Estate bank.
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.
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.
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,
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.
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'.
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.
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.
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
An International Monetary Fund (IMF) mission, headed by Jeffrey Franks, will be in Bucharest between July 26 and August 4 for the fifth review of the stand-by agreement Romania has signed with the fund. An European Commission review mission will also be visiting Romania during this period.
Seven European banks, most of which coming from Spain, have failed the European union's stress test whose results were published on Friday. One of the banks that has failed the test, Greek ATE Bank, is also active in Romania. The seventh bank is the German Hypo Real Estate bank.
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.
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.
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,