On the average segment, consultants consider a third of rented housing units at most have a contract registered with tax authorities. read more...

Total Bourse wealth, including listed stock, bonds and the other securities registered with the Central Depository, in 2010 climbed from 73.8bn RON (17.3bn euros) to 80.28bn RON (18.8bn euros), in line with data the Central Depository published yesterday. read more...

Bankers need to have the customers' consent in order to scrap the addenda created based on Ordinance 50, on making retail loan costs more transparent, even if they were not signed by the debtors and were considered as tacitly accepted, say Constitutional Court judges. read more...

The general manager and another two members of the top management team of NextGen, a cable TV operator owned by Romtelecom, have been replaced with one of the best-known figures in the Romanian cable TV industry, who worked in the past for RCS&RDS, Astral and New Com. read more...

The Romanian National Bank has a forex reserve nearly double as high as Romania's short-term external debt, and can be considered excessive when compared with that of other central banks in the region, after having received nearly 10 billion euros from the International Monetary Fund (IMF) in the past two years via an arrangement concluded precisely out of fear that the reserve may not be high enough to cover the debt in case of an external shock. read more...

Banks will resume lending to customers in the real economy because they have sufficient liquidity, anticipates NBR (National Bank of Romania) governor Mugur Isărescu, although bankers are still reluctant to lend, even to each other, more than two years after the shock of the outbreak of the financial crisis. read more...

The cost of pitcoal mining in Valea Jiului (Romanian coal mining area) is 40% higher than the price at which it is sold to thermal power stations. read more...