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Poor infrastructure hinders investment

The poor transport infrastructure in Romania makes road trips twice longer than in Western European countries, and European Union funds should be used to finance infrastructure development, according to the head of the Foreign Investors Council.

CEOs regain their confidence

With their worst fears of prolonged recession behind them, the confidence of CEOs for future growth has bounced back from the gloomy prospects of a year ago, according to PricewaterhouseCoopers 13th Annual Global CEO Survey.

Romania secures further IMF funding

Emphasizing that the macroeconomic outlook of Romania is improving due to stronger external demand, the International Monetary Fund (IMF) mission chief Jeffrey Franks announced a positive outcome at the end of the late January visit to review the progress of Romania under the economic program that is being supported by a Stand-By Arrangement.

EBRD ups 2010 forecasts for some countries

The EBRD has revised upwards its 2010 growth forecast for the region, reflecting a slightly faster economic recovery than anticipated last October, but with stark variation across the region. The recovery is expected to strengthen moderately in 2011.

Enel prezinta rezultatele preliminare consolidate din 2009

Consiliul de Administratie al Enel, prezidat de Piero Gnudi, s-a intrunit recent pentru revizuirea rezultatelor preliminare consolidate pentru 2009. Astfel, veniturile companiei au fost de 64 miliarde de euro, inregistrand o crestere de 4,6% fata de 61,2 miliarde de euro în 2008.

Gutmann intra pe piata romaneasca de private banking

Bank Gutmann, institutie financiara austriaca specializata in servicii de private banking si wealth management, urmeaza sa-si deschida un birou la Bucuresti la inceputul anului viitor, a declarat Ilinca von Derenthall, senior oficer, Bank Gutmann.

Aproape 10.000 de persoane au luat un credit Prima Casa

Fondul National de Garantare a Creditelor pentru Intreprinderile Mici si Mijlocii (FNGCIMM) a acordat, pana la finele lunii noiembrie 9.467, garantii in valoare de aproximativ 400 de milioane de euro pentru credite ipotecare prin programul Prima Casa.

Reluarea consumului reprezinta cheia cresterii economice

Cu o pondere de 75-80% din PIB, consumul ar trebui sa fie baza pe care economia romaneasca sa-si reia cresterea, a declarat Lucian Croitoru, consilierul guvernatorului bancii centrale, in cadrul seminarului EU-COFILE, organizat de BNR, ARB si Alpha Bank.

Iran shuts down leading newspaper

Tehran, Iran (CNN) -- Iran's leading business newspaper was shut down Monday for repeatedly breaking the country's press laws, state-run Press TV reported.