Romania has increased the guarantee threshold for bank deposits from EUR 50,000 to EUR 100,000 while reducing the number of days from deposit unavailability until payment from 90 to 20.

Romania's private lending fell by 3.9 percent to EUR 48.5 billion in November from the same month in 2009, held down by local currency loans, according to the Romanian Central Bank (BNR).

The International Finance Corporation (IFC), a member of the World Bank Group, will provide a EUR 58 million loan to Bancpost, that will enable the bank to extend more loans to micro, small, and medium enterprises in Romania and help speed economic recovery.

The Financial Times has recently published an article quoting economist Cornel Ban from the Watson Institute saying Latvia and Romania have emerged as controlled experiments on bold austerity policies

Romania’s Chamber of Deputies has adopted the government emergency decree on consumer loans with 134 to 71 votes and 12 abstentions, after the Chamber's budget and finance committee adopted an additional report on the bill setting that loans underway are not to be affected by changes.

Romania's Parliament on Wednesday adopted the state budget for 2011, with 207 votes for, 143 votes against and no...

Romanian workers' remittances reached USD 38.8 billion in the last five years, with 2007 and 2008 being the most productive years for the nationals working abroad, according to a survey from the World Bank.

Oasis Development will start works on its EUR 50 million Prima Shopping Center project in Oradea in spring next year and has already leased half of the center. The mall will be located on the premises of the Infratirea factory and will cover 24,000 sqm of built area.

Romanian authorities consider signing a precautionary agreement with the International Monetary Fund worth between EUR 5 billion and EUR 6 billion, but the exact amount will not be set until March next year, people familiar with the matter said Monday, quoted by Mediafax.

Private medical care operator CMU has opened a 3,000 sqm medical compound in Brasov, following an investment of EUR 4.2 million. The project, called Campusul Medical Brasov, was set up in partnership with local medical care provider Teo Health.

Romania has increased the guarantee threshold for bank deposits from EUR 50,000 to EUR 100,000 while reducing the number of days from deposit unavailability until payment from 90 to 20.

Romania's private lending fell by 3.9 percent to EUR 48.5 billion in November from the same month in 2009, held down by local currency loans, according to the Romanian Central Bank (BNR).

The International Finance Corporation (IFC), a member of the World Bank Group, will provide a EUR 58 million loan to Bancpost, that will enable the bank to extend more loans to micro, small, and medium enterprises in Romania and help speed economic recovery.

The Financial Times has recently published an article quoting economist Cornel Ban from the Watson Institute saying Latvia and Romania have emerged as controlled experiments on bold austerity policies

Romania’s Chamber of Deputies has adopted the government emergency decree on consumer loans with 134 to 71 votes and 12 abstentions, after the Chamber's budget and finance committee adopted an additional report on the bill setting that loans underway are not to be affected by changes.

Romania's Parliament on Wednesday adopted the state budget for 2011, with 207 votes for, 143 votes against and no...

Romanian workers' remittances reached USD 38.8 billion in the last five years, with 2007 and 2008 being the most productive years for the nationals working abroad, according to a survey from the World Bank.

Oasis Development will start works on its EUR 50 million Prima Shopping Center project in Oradea in spring next year and has already leased half of the center. The mall will be located on the premises of the Infratirea factory and will cover 24,000 sqm of built area.

Romanian authorities consider signing a precautionary agreement with the International Monetary Fund worth between EUR 5 billion and EUR 6 billion, but the exact amount will not be set until March next year, people familiar with the matter said Monday, quoted by Mediafax.

Private medical care operator CMU has opened a 3,000 sqm medical compound in Brasov, following an investment of EUR 4.2 million. The project, called Campusul Medical Brasov, was set up in partnership with local medical care provider Teo Health.