Finance, Banking and Economic News 29 December 2010
Romania had 1.27 million public sector employees in November, more than the cap agreed with the International Monetary Fund, and layoffs will continue next year for the ministries of Administration and Finance, Prime Minister Emil Boc said late Tuesday. read more...
Romania’s gross domestic product might grow by some 1% in 2011, after a 2% fall this year, but the economic growth depends on the domestic fiscal policy and the recovery of the European Union economies, analysts said. read more...
Real estate developers scheduled for delivery in 2011 at least eight retail projects in Romania totaling a surface of over 230,000 square meters, 17% more than the total area of projects completed in 2009, according to property analysts. read more...
Romanians must insure their homes within one year after the first mandatory home insurance policies were issued, namely July 15, 2010, the Interior Ministry said Wednesday. read more...
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