The economic situation in Romania is of course affected by the global economic crisis. The country has some advantages compared to other countries of the south, such as the outside government debt which compares favorably with other countries. (more…)
Undoubtedly the international economic crisis affected Romania, but not as bad as the countries of the south.
In our previous comments, we stressed that in the long ran we feel that the future of the property market in Romania, and especially in the area of the Capital Bucharest, is very promising and compares favourably with other European Capitals. (more…)
The world didn’t end on the 21st of December, but businessmen have been forced by the global crisis to either adapt or disappear. We can say that the financial world, the way we knew it, is over, and that a new economy based on efficacy, predictability and a more rigorous control of investments is born. (more…)
Did you know that a common currency like the euro today was used in Cyprus more than 22 centuries ago? (more…)
Forgive my appetite for Aesop (an ancient greek writer very dear to me) but today I will share another fable: