recovery

Romanian Finance Minister Expects Quick Recovery After Coronavirus Crisis

Romanian finance minister Florin Citu said Thursday he is optimistic and expects the country's economy to recover as quickly as it collapsed.

Romania’s Construction Market Needs Infrastructure Works To Revive

Recovery for Romania’s nearly-flatlined construction segment depends on investment, project selection and improved legislation, as the market is “running out of companies to go bankrupt”, Thursday said Cristian Erbasu, president of construction employers' association PSC.

Romanian Construction Market Seen Recovering Next Year

Romania’s construction market is expected to make a recover next year, as the economy stabilizes, Regional Development and Tourism Minister Elena Udrea said Thursday.

Romania’s Life Insurance Market To Make Comeback Six Months After Economic Recovery

Romania’s life insurance market will take about five or six months to recover after the country’s economy recovers, Cornelia Coman, vice-president of the National Union of Insurers in Romania, said in a press release Sunday.

Romania Ctrl Bk Chief: Economy Must Be Allowed To Recover

Romanian central bank governor Mugur Isarescu Friday said the economy must be allowed to recover at its own speed, or the authorities might need to raise the taxes to aid the state budget.

EC: Political Uncertainty May Hinder Romania’s Economic Recovery

The European Commission warned the current political noise could delay the enforcement of proposed public spending cuts and weaken Romania's economic recovery in a fragile external environment.

Romanian Ctrl Bker Says Economy Will Revive As Of Q3 Or Q4

The Romanian economy will return to growth in the fourth quarter, if not even in the third quarter, on a favorable base effect, central bank governor Mugur Isarescu said Wednesday.

Romania Unable To Recover External Debts As Debtor States Refuse Negotiations – Govt Report

Romania is having trouble recovering external debts from export operations unfolded before 1990, because some African countries face major economic problems while other states firmly refuse any debt payback negotiations.

Romanian Rock Star Out Of ICU, Hopes To Be Back On Stage In Summer

Cristi Minculescu, the frontman of Romanian rock band Iris, and his wife Rodica, have left the intensive care unit of the University Hospital in Regensburg, Germany, after the lead singer’s successful liver transplant, their son, Florin Minculescu, told MEDIAFAX Friday.