News » January, 2011 » 14 January 2011
1.4bn euros' worth of foreign investments evaporate after data revision
14.01.2011, 00:07 | Finance-Banks | 788 views
Foreign direct investments in 2009 were around 1.4 billion euros lower than original calculations had shown, down 63% against the previous year, instead of the original 48% decline. The NBR (National Bank of Romania) has revised its statistical data on foreign direct investments, coming up with an overall 1.4 billion-euro decline against the original value that resulted from the monthly calculations of the central bank. Originally, the NBR had reported foreign direct investments worth 4.9 billion euros, down 48% against 2008, but the real decline was 63%, to 3.5 billion euros. Read more on ZF.ro
|
Latest news in category Finance-Banks
NBR governor Mugur Isărescu apparently ignores the fact that banks are refusing to negotiate with their customers and insists, after the passing of the law of giving in payment, that the parties of the loan agreement should negotiate: "Negotiation is the basis of the functioning of the market economy, in the European Union, because that is where we are living. Romania was and has been a loyal partner to the European project and we should not forget that". read more...
The European Central Bank (ECB) pursues its mandate and defends its independence, according to statements of the president of the institution, Mario Draghi, who responded yesterday, to some criticisms coming from several German officials concerning the lax monetary policy of the ECB. read more...
The British pound yesterday saw the biggest decline against the dollar since March 2009, after London mayor Boris Johnson, one of the most popular politicians in the country, said he would start a campaign in favor of the United Kingdom leaving the European Union (Brexit) in the referendum scheduled in June. read more...
|
|
