crisis

Fincl Crisis In Romanian Agriculture To Peak In Autumn – Interagro

12:27, 29 Iun. 2009
Romania's agriculture sector will reach the peak of the financial crisis at the end of September and the beginning of October, when the farming cycle restarts, Interagro president Ioan Niculae said Monday.

Romanian Politicians Treat Econ Crisis Too Dramatically – Ctrl Bk Head

18:56, 13 Mai 2009
Romanian politicians treat the economic crisis in an overstressed way, and they should apply already tested solutions, the central bank’s governor Mugur Isarescu said Wednesday.

Half Of Romanian SMEs Seriously Affected By Econ Crisis – Poll

13:57, 05 Mai 2009
Half of Romanian small and medium-sized firms are seriously and severely affected by the economic and financial crisis, according to a poll conducted in April by the National Council of Private SMEs in Romania.

EP Members State Solidarity With Romania In Moldovan Crisis

21:02, 16 Apr. 2009
The members of the European Parliament expressed solidarity with Romania regarding the crisis in Moldova, and requested that calm be restored in the Republic of Moldova, according to a press release issued by the EP.

Sustainable Growth Under Free Mkt Conditions, Sol To Crisis – Ctrl Bk Official

19:46, 31 Mart. 2009
The solution to the current financial crisis would be a sustainable economic growth, which is possible only under free market conditions, while the international interventionist trend would restrict the private players’ freedom, also in Romania, according to central bank adviser Lucian Croitoru.

Romanian Real Estate Mkt Blocked Anyway – Colliers

14:48, 17 Mart. 2009
Romanian real estate market would have unavoidably entered a deadlock due to the lack of correlation between offer and demand, even if there was no financial crunch, real estate consultancy firm Colliers International said Tuesday.

Most Of Romanian SMEs, Affected By Fin Crisis – SME Council Head

13:41, 17 Mart. 2009
More than 90% of Romanian small and medium sized enterprises SMEs are affected by the financial crisis, mostly because of lower demand and harsher lending conditions, the president of the National Council of Small and Medium Sized Private Enterprises CNIPMMR Ovidiu Nicolescu said Tuesday.

Romania’s PM Sees Econ Crisis Slightly Stronger In April Than March

10:04, 17 Mart. 2009
The negative effects of the recent economic crisis will be more accentuated in April compared with March, Romania still needing balance, moderation and prudence in spending the public money, Prime Minister Emil Boc said Monday evening.

Econ Crisis Will Kill Some 40% Of Romanian SMEs – SME Min

19:53, 12 Feb. 2009
The Romanian minister in charge with small and medium sized enterprises (SMEs), commerce and the business environment, Constantin Nita, said Thursday some 40% of SMEs will have problems this year and could go bankrupt because of the economic crisis.

Romania’s Govt Anti-Crisis Measures To Be Included In Separate Budget Chapter

19:24, 23 Ian. 2009
The anti-crisis measures will be enacted by an emergency ordinance, in order to be enforced immediately, and will be part of a separate budget chapter, not being included in the ministries’ budgets, Cezar Coraci, head of the Employers’ Confederation of the Romanian Industry UGIR-1903, said Friday.

Romanian Fin Min Invites Social Partners To Talks On Anti-Crisis Measures

12:36, 23 Ian. 2009
Romanian Finance Minister Gheorghe Pogea has invited officials of trade unions and employers’ associations to a new round of talks on potential measures to tackle the economic crisis, official sources said Friday.

Romania’s Gas Consumption Totally Covered This Winter – Econ Min

13:27, 08 Ian. 2009
Romania’s gas consumption nationwide is totally covered by the local production and gas deposits, while thermal power plants using alternative fuel, due to the halt in Russian natural gas imports, are functioning normally, the Economy Ministry said Thursday.

Romanian Pres, PM Discuss Gas Crisis

20:54, 07 Ian. 2009
Romania can overcome the gas crisis is the outer temperature does not drop below minus 15 degrees Celsius or if there are no malfunctions in the system, said Romanian prime minister Emil Boc, confirming that he has talked with president Traian Basescu regarding the cease of gas imports.

Car Safety Sys Mkr Autoliv Romania To Temporarily Cease Activity, No Layoffs

10:20, 16 Dec. 2008
Swedish automotive safety systems maker Autoliv halted production Monday in its plant in central Romanian city Brasov, and for the plant in Lugoj the same measure will be applied starting Wednesday, due to lower demand. Activity will be resumed on January 5, said Autoliv Romania general manager Ionel Fierbinteanu.

Why did Romanians give a new mandate to people we know bad things about? – Romanian president

14:45, 01 Dec. 2008
Speaking about Sunday’s vote, Romanian President Traian Basescu asked rhetorically in an interview broadcast Monday by the public radio RRA why would Romanians choose to give a new mandate to a party they know is tainted.

Romanian Telecom Unaffected By Intl Fin Crisis, To Grow By Up To 10% In ‘09– Comm Authority Head

11:20, 19 Nov. 2008
The international financial crisis will not affect the Romanian telecom and related services market, that will register a growth rate of up to 10% in 2009, compared with over 10% this year, Liviu Nistoran, head of National Communication Authority, staid Wednesday.

Romanian PM Reiterates Govt’s Plan To Counter Economic Crisis

15:03, 13 Nov. 2008
Romanian Prime Minister Calin Tariceanu reiterated Thursday that the government has a plan to stimulate investment, protect jobs and the banking system to counter the effects of the international financial crisis.

Holcim Romania: Constructions To Grow At A Slower Pace In 2009, On Fincl Crisis

16:19, 27 Oct. 2008
The construction sector will grow by 10-15% in 2008, but it will temper its pace in 2009, due to the financial crisis and the change of lending conditions, Markus Wirth, cement producer Holcim Romania’s general manager, told MEDIAFAX on Monday.

Intl Fincl Turmoil, Proof That Capitalism Requires Capital – Romania’s PM

16:50, 09 Oct. 2008
The international financial turmoil is a clear example that capital is a prerequisite for capitalism, Romania's Prime Minister Calin Popescu Tariceanu said Thursday in Rome, saying these problems should not be long lasting.

Intl Fincl Crisis To Affect Romanian Econ, Bks, Unless State Steps In – Rompetrol Official

13:38, 07 Oct. 2008
Romania is already affected by the international financial crisis, which will negatively impact the banking market and will trigger a slowdown in the economic growth, unless the central bank and the government take action, Rompetrol’s general manager Dinu Patriciu said Tuesday.

Romania Could Use EU Measures To Fight Crisis, If Needed

18:41, 06 Oct. 2008
The Romanian authorities are ready to replicate the measures used by European Union, in order to counter possible shocks of the international crisis, central bank governor Mugur Isarescu said Monday.

Romania’s Econ Growth Might Slow Down In ‘09 – PM

01:12, 23 Sept. 2008
In the second half of the year, Romania will probably register 10% economic growth, but the growth of the GDP could slow down next year to a level below the 2008 results, said Prime Minister Calin Tariceanu in a national television talk show, regarding the effects of the U.S. financial crisis.

Romanian Fin Min May Support The Bourse Through Fiscal Measures

18:30, 19 Sept. 2008
The Romanian Economy and Finance Minister Varujan Vosganian negotiates with stock market representatives the launch of a series of actions, including fiscal measures, to sustain the bourse.

Romanian Ctrl Bk To Become Creditor For Banking Sys

19:40, 21 Apr. 2008
The Romanian central bank might soon become creditor for the banking system, with the intention of lowering liquidity costs, said Eugen Radulescu, adviser to the governor of the Romanian central bank.

There Is No Liquidity Crisis In Romania – Ctrl Bker

19:27, 17 Apr. 2008
Romanian central bank governor Mugur Isarescu feels that Romania is not currently going through a liquidity crisis, since the minimum required reserves are high.