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Romania Ctrl Bk To Leave Key Rate Unchanged At 6.25% – Analysts

The Romanian central bank is likely to leave its key rate unchanged for the second straight time at 6.25% a year during its next monetary policy meeting September 29, trying to wait off the current inflationary pressures, according to local analysts.

More Than Half Of Romanians Have Lower Income Compared To 2009 – Survey

More than half of Romanians have lower income in 2010 compared to 2009, and this is the case of both people aged over 35, with low education, and younger people with higher education and average income, according to a survey conducted by market research company 360insights.

One Third Of Romanian Companies Have Cash Flow Problems – Survey

More than one third of Romanian companies have had cash flow problems due to customer default or payment delays, a survey from EOS Group showed Tuesday.

Romanian Employers See Hiring Frozen For Q4 2010 – Survey

Employers in Romania forecast a balanced activity on the local labor market for the last quarter of the year but are less pessimistic than in the fourth quarter of 2009, according to a survey by human resources company Manpower.

Over 73% Of Romanians Say Media Is Reliable Information Source On Corruption – Poll

Over 73% of Romanians said mass-media is the first most credible source of information regarding corruption cases, according to a survey conducted by the National Agency of Public Servants, as part of a project regarding corruption.

Romania’s Car Production Might Hit 520,000 Units By 2014 – Pwc Survey

Romania’s car production could hit 520,000 units by 2014, up almost 75% compared to the level registered last year, according to the latest PricewaterhouseCoopers (PwC) Automotive Institute research.

Romania Ctrl Bank To Leave Key Rate Unchanged At 6.25% – Analysts

Romania’s central bank is likely to keep its key rate unchanged at a record low of 6.25% a year at the next monetary policy meeting due August 4, while lowering the minimum requirements on forex liabilities to 20% from 25% currently, analysts said Tuesday.

Capital Economics: Romania Economy To Decline By 2.5% In 2010

Romania’s tough austerity measures designed to reduce the budget gap and keep a multilateral aid agreement on track will not come cheap and the country’s economy is expected to shrink by 2.5% in 2010, London-based Capital Economic said in a survey.

PwC: Some 190 Multinationals To Come Out Of Romania By 2025

Some 190 new Romanian-owned multinational companies are expected to emerge out over the next 15 years, a level close to that of Ukraine (192 over the next 15 years) and Hungary (221), consultancy company PricewaterhouseCoopers (PwC) said Tuesday in a report.

Half Of Romanian Journalists Consider Media Outlet Owners Influence Editorial Content – Survey

About half of Romanian journalists (50.8%) and almost as many Romanian Public Relations professionals (44%) believe editorial content is generally influenced by media outlet owners, said a survey on transparency in PR-media-public relations.

WB: Romania 2nd Most Accessible State To Start Foreign Business Worldwide

Romania is the second most accessible country worldwide to start up limited liability companies with foreign capital, the World Bank said in a report Wednesday.

Some 65% Of Romanians Believe They Will Be Worse Off Financially In 2011 – Poll

Nearly 65% of Romanians believe their financial status will be worsening in the next 12 months, to a lesser or greater extent, whereas in 2009, only three in ten people estimated things would get worse , according to a survey by market company GfK.

About 40% Of Romanians Meet Difficulties In Paying Loan Installments – Poll

About 40% of the Romanians who took a bank loan encounter problems in paying their installments and 13% of them have overdue payments, according to a survey conducted for the World Bank by the Romanian Academy’s Institute for World Economics.

Over Two Thirds Of Romanians Could Cope With 25% Wage Cut For Three Months Tops

Over two thirds of Romanian say they could deal with a 25% wage cut for three months at most, considering 75% of people’s savings consist of two months’ salary at most, according to a survey conducted for the World Bank by the Romanian Academy’s Institute for World Economics.

Over 60% Of Romanians Spend All Their Money From One Salary To The Next – Survey

Over 60% of Romanians spend all their money from one monthly salary to the next all the time or very often and 65% of the country’s population aged over 16 has trouble paying for every day needs, said Monday Manuela Stanculescu, researcher with the Romanian Academy’s Quality of Life Research Institute.

Only 5% Of Romanians In Urban Areas To Seek A Loan This Year – Survey

One in three Romanians in the urban environment has a bank loan to repay and only 5% of urban residents plant to take out a bank loan this year, according to a study compiled by research 360insights for MEDIAFAX.

Romania ‘09 Alcoholic Beverages 30% Cheaper Than EU Average

In 2009, Romanians paid 30% less for alcoholic beverages than other European Union states, while a basket of food and non-alcoholic beverages was 34% cheaper than the EU average, a survey from EU’s statistics office Eurostat showed Monday.

Romanians Give Top Priority To All Social Problems, Want Authorities To Tackle Them- Poll

Romanians have trouble deciding which social problems should be put on the front burner and believe these problems ought to be tackled mainly by state authorities, according to a survey conducted by market research company 360insights.

Over 60% Of Romanian Townspeople See Country Stuck In Crisis For Another 1-5 Yrs – Poll

Over 60% of Romanian townspeople think Romania will be stuck in crisis over a period of one up to five years, and most of them expect the economic crisis will last for another three to five years, according to a survey conducted by market research company 360insights.

Nearly Three In Ten Romanian Townspeople Give Up Vacation This Year- Survey

Nearly three in ten Romanian townspeople will give up vacation this year, and another 16% of them will reduce their budget travel, according to a survey conducted by market research company 360insights.

WB: Romanian Econ Activity Bound To Remain Negative In 2010

Romania and Latvia will likely be Europe’s weakest economic performers this year, according to a global survey from the World Bank.

Romania Ranks Second Of 69 In New Retail Entries Chart – CBRE

Romania is ranked second among 69 countries, with respect for the number of international top retailers entering the local market in 2009, in a chart compiled by real estate consultancy company CB Richard Ellis.

Romanian Banks Most Worried About Credit Risk – PwC

Credit risk is what Romanian lenders fear the most and banks don’t expect an improvement any time soon, a survey from the Center for the Study of Financial Innovation (CSFI) and consultancy firm PricewaterhouseCoopers (PwC) showed Wednesday.

Romania Annual Inflation Seen Easing To 4.1% In March

Romanian annual inflation is expected to narrow to 4.1%-4.3% in March from 4.5% a month earlier, due to a firmer leu against the euro, but rising drug prices could reverse the trend in April, analysts said Friday.

Romanians Spent 6% More On Consumer Goods In ’09, Switched To In-Home Consumption – Survey

Price hikes prompted Romanians to spend nearly 6% more on consumer goods in 2009, compared with 2008, and switch to in-home consumption, which triggered higher sales of edible oil, beer and coffee, according to a survey by market research company GfK.

Romanian Banks See Easier Conditions For Mortgage Loans, First Time In 2 Yrs – Survey

Romanian banks expect, for the first time in the past two years, a relaxation of lending standards for mortgage loans, on the real estate market, by lowering housing prices, according to a central bank survey.

Businesspeople See Romania’s 10 GDP Growth At 0.5%-1%

The Romanian Businessmen Association AOAR predicts Romania will post an economic growth of 0.5%-1% in 2010, below authorities' official forecast of 1.3%.

Romanians Think Doctors And Teachers Deserve Highest Salaries – Survey

Romanians think doctors and teachers should have the highest salaries, while judges, police officers, MPs, prosecutors and other public servants trail behind in a recent survey conducted by job search website Myjob.ro.

Romanians’ Pessimism Regarding Internal Economy On The Rise – Eurobarometer

Romanians are among the least content citizens of the European Union, according to a Eurobarometer report published Monday which indicates higher pessimism with regard to the national economy, job situation, household situation and expectations from one’s own life.

Romanian ’09 Apartment Prices Dn 17% YY – Survey

The prices asked by apartment owners in the main six Romanian cities, including the capital city Bucharest, fell by an average 17% last year, according to data provided by imobiliare.ro website.

Romania Ranks 1st Among Six Eastern Europe Countries By Number Of Closed Companies – Survey

Romania registered the highest percentage of companies closing down in 2008 and 2009 due to the economic crisis, according to a survey conducted by the World Bank in the June 2009 and July 2009 interval.

Over Half Of Romanians Bought No Books In 2009 – Survey

Over half of Romanians, namely 51%, bought no books in 2009, compared with 46% in 2008, according to a survey presented Thursday evening by the Romanian Center for Cultural Study and Research.

Most Romanians Buy Sweets, Clothing As Christmas Presents – Survey

Most Romanians plan to buy sweets specific for the winter holidays as Christmas presents, as well as clothes, footwear and accessories, according to a survey conducted by market research company GfK Romania.

Romanian Employers Have Most Pessimistic Employment Outlook for Q1 2010 – Survey

Romanian employers rank last in the world with respect to their hiring plans in the January-March 2010 interval, employment service company Manpower said in a survey.

Over 50% Of Romanian Townspeople To Spend Less For ’09 Winter Holidays – Survey

Over 50% of Romanians living in urban areas are set to spend less for this year’s winter holidays, compared with 2008, citing the economic crisis which affected their budget, according to the most recent survey by Mednet Marketing Research Center.

Over 90% Of Bucharest Buyers Would Pay Below EUR100,000 For Housing – Survey

Over 90% of Bucharest citizens intend to buy apartments for less than EUR100,000, while only 2% can afford to buy dwellings priced at over EUR150,000, according to real estate portal Imopedia.

Romanian Business Executives Most Optimistic In CEE – Survey

Romanian executives are the most optimistic in the Central and Eastern Europe when it comes to their business outlook, with as much as 15% of managers believing the global crunch has a positive impact on their companies, according to a survey from IMAS Vienna.

Romanian Economy Likely To Recover As Of 4Q – Analysts

Romanian economy is likely to enter a positive path as of the fourth quarter this year, though not before bottoming out in the third quarter, economic analysts say, adding a revival depends on euro-zone economic development.

Growth Rate Of FMCG Sales Dn At 17% In 1H – GfK

The sales growth rate of fast moving consumer goods, or FMCG, in Romanian currency, fell by 5 percentage points on the year in the first six months, from 22% to 17%, with chocolate, personal care products and cleaning products as the most dynamic categories, according to a GfK Romania study.

Romania’s 1H Long-Term Goods Mkt Dn 40.4% Y-Y, At EUR664M – Survey

Romania’s long-term use goods market dropped by 40.4% in the first semester, at EUR664 million, compared with the similar period a year earlier, and by 46.8% on the year in the second quarter, at EUR308 million, according to a survey conducted by market researching company GfK.