English Version - pagina 10

The EU Countries Pension Systems Are In Jeopardy

The European Commission last week published a report on the status of the pension systems in the member-states, warning on the effects of the economic crisis. With regard to Romania, the report says the country has to...

New Cars Sales In Free Fall In Romania

The sale of new cars on the Romanian market dropped dramatically as a result of the reluctant Romanians, in the face of the financial crisis and lack of credits. In February 2009, there were 7,182 new cars registered, or...

Too little EU money spent on the environment

In the two years since the integration in the European Union, Romania has absorbed almost 18% of the money that were supposed to get into our country from the European Commission, sources from the Ministry of...

PUBLICITATE

The crisis hits the insurance companies

The Romanian insurance market will record a decrease this year. The insurers need a cash flow of 250-300 million euros in 2009 in order to maintain their solvency margin. Last year, the companies on the Romanian...

Legislation Change to Hasten Bidding Process

The Romanian government passed an emergency regulation to shorten the time required in the public acquisition process, in hope to facilitate investments and higher the pace of European funding. A bidding result may be co...

Legislation Change to Hasten Bidding Process

Higher Supply of Apartments for Rent Brings Down Rates

Rent rates went down this year, after the number of available dwellings went up 70% from last year. According to representatives of AnunturiParticulari.ro web-site, which monitors all online offers placed by individual ...

Higher Supply of Apartments for Rent Brings Down Rates

The crisis increases poverty in Romania in 2009

The Economic crisis increases poverty in Romania, according to a report of the World Bank. The elderly, the employees with less job security and the families supported by the Romanians working abroad will suffer the...

The property exchange is the anti-crisis solution for the developers

The real-estate developers could become firms that sale or rent old apartments. The financial crisis has caught many developers unprepared and they do not manage to sell any apartments, while the banks put them under...

Romanian Industry Seeks State Funding To Stay Afloat

Romanian industry in the past three months asked the state for funds or bank guarantees and other funding of almost one billion Euro, of which some 123.3 million Euro went to the automakers. The latest call for help...

Romanian Industry Seeks State Funding To Stay Afloat

Romania May Enter Recession If Weather Poor And Oil Price High

Romania's economy could go into recession for the first time in nine years if poor weather would damage the agricultural output and oil and gas prices would go up on the international markets, says one of the scenarios...