The Greek crisis may affect the Romanian economy in a variety of ways, and the risks are likely to last for some time. There is a risk of financial contagion. There will be some adverse impact on t
In 2009, Europe was hit by the downturn and its aftershocks, receiving a smaller amount of investment and smaller FDI projects in fewer locations. Five years of sustained inward investment growth e
The ruling by Romania's Constitutional Court on June 25th that aspects of the government's proposals to cut pensions by 15% were unconstitutional threw into disarray both the government's austerity
The situation of public finances deteriorated sharply over the past years, as all governments in place pursued strong pro-cyclical fiscal policies, approving large increases in public expenditures,
People have spoken of Romania's high economic potential for many years, but unfortunately this potential has not been used in the most efficient way. It is very true that Romania lags behin
MEC has developed a next generation blueprint of best-in-class media practices for businesses today entitled "Are You in Control Enough to Let Go?", that is available to help marketers from the sma
The economic downturn has forced many companies to accelerate their plans to achieve performance improvements and generate cost efficiencies, to remain competitive and improve profit margin
"We steer by sight, not forecasts, and never before experienced turbulences like these." This statement was made by a CEO of a well-known company echoed by many others during the current financial
In the following article we will try to present the latest fiscal amendments to the fiscal legislation adopted in Romania in June 2010 and concentrate in this respect on the tax legisla
Launching an Initial Public Offering (IPO) and making the transition from a non-publicly traded entity to a listed entity constitutes an important decision that will certainly bring a fresh
What have we learned from what happened in 2009 and what should made by GfK at the beginning of this year identified several important characteristics downturn, both in FMCG as well as with regards
The 14th edition of the Media Fact Book published by Initiative shows a media landscape that's been greatly impacted by the general economical trends over the past few years. Despite the fact that
The construction works index dropped by 21.3% y/y in Q1/2010, thus remaining for the fourth quarter in a row in the negative area of 15-20% y/y, according to data from the statistics office. In Apr
The resource is available and the delivery is stable, the reserves are more abundant that the natural gas reserves and the energy generated is cheaper than the renewable wind energy. But its carbon
Current green energy context in Romania corresponds to a high renewable energy potential, mostly underutilized, which makes Romania an attractive location for green energy investors, developers and
2009 turned out indeed to be a difficult year for the Romanian banking system, and despite a wave of optimism at the beginning of 2010, recent developments point towards serious challenges to be fa