Finance, Banking and Economic News - 31 August 2011 -
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Finance, Banking and Economic News
31 August 2011

Page: 1 

31.08.2011, 21:00 | Finance-Banks | 627 views
Uncertain outlook
The world economic situation is volatile, while in Europe it can only be a reason for concern. The Sarkozy-Merkel plan was not of a nature to appease tension on international markets, but on the contrary, those managed to plunge more deeply under the burden of concerns over announced measures which investors did not find reassuring at all. Meanwhile gold and silver continue their mad race to new record highs while the same investors are looking for refuges for any funds they may have, as stock markets and classic investments no longer offer any solid guarantees. read more...

There are premises for an economic growth of 3.5 pc in 2012, yet forecasts very much depend on what happens in the euro zone, Europe, America and other parts of the world, Premier Emil Boc said yesterday, who added that external “turbulence” could result in “slowdown”, Mediafax reports. read more...

Traian Basescu received Pirelli Group President Marco Tronchetti Provera at the Presidential Palace yesterday, thanking him for continuing to invest in Romania and talking with him about the need for cost restructuring, telling him that governments should apply the measure too, Mediafax informs. read more...

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