estimations

Romanian employers estimate that employment will register a moderate increase in the third quarter of 2010, after five consecutive quarters of negative forecasts, according to a poll conducted by human resources company Manpower.

Romanians show an unmotivated optimism for the current economic crisis because they were never confronted with a similar recession, so their reaction towards consumption is difficult to predict, according to Liviu Voinea, chief executive officer of the Group of Applied Economics, or GEA.

Old apartments in Romania are seen 30% cheaper by the end of 2009, on higher supply, officials of realtor Neocasa Real Estate said Thursday.

Romania’s consumer price index will stand at 5.0% - 5.5% in 2008, exceeding the target of 2.8%-4.8% set by the Romanian central bank, the Romanian Finance Minister Varujan Vosganian said at a Euromoney conference in Vienna.