The number of Romanians who saved some money to catch January promotional offers is not very high, considering the number of week-time visitors in the shopping centres of Bucharest. Moreover, consumers are not satisfied with the discounts displayed by stores, either. read more...

The IMF will make around 3.6 billion euros available to Romania as part of the new precautionary arrangement, which will most likely be a one-year arrangement sealed after the completion of the current programme in May, but the money will be accessed only in case of an emergency, said government sources. read more...

Euro is likely to slide to 4.15 RON in the first quarter, from 4.26 RON at present, believe ING analysts, who surprisingly revised their forecast yesterday in the wake of the good news piling up in recent weeks. read more...

Azomureş Târgu-Mureş (AZO), leader of Romania's chemical fertiliser market, is likely to significantly boost its market share domestically if businessman Ioan Niculae, owner of Interagro, does not change his mind about closing all the chemical plants he owns in Romania. read more...

Romanian doctors will continue to leave abroad in 2011 as well because the phenomenon cannot be stopped but measures need to be take to at least decrease it, Health minister Cseke Attila declared. read more...

The Bucharest Stock Exchange Council decided in a meeting on Thursday to allow Proprietatea Fund shares to be listed on the market with the FP symbol, a press release of the market operator reads. read more...

The International Monetary Fund will make available for Romania EUR3.6 billion in a new, precautionary deal that will be signed after the current stand-by agreement expires in April, people close to the talks told Mediafax. read more...

Romanian retail sales fell 8.9% on the year in November, the largest decrease in the European Union, official data showed Thursday. read more...

Romanian President Traian Basescu, Prime Minister Emil Boc, central bank governor Mugur Isarescu, Finance Minister Gheorghe Ialomitianu on Thursday set the parameters of a new, precautionary agreement with the International Monetary Fund and the European Union, the central bank said in a statement. read more...

Romania’s economic sentiment index edged slightly higher to 81.6 points in December, from 81.1 points in the previous month, mainly helped by advances in services and construction, a widely watched European Commission monthly survey showed Thursday. read more...

Online payments using bank cards increased by 38% in 2010, to EUR127.8 million and the number of transactions rose by 82%, to 2.26 million, according to data released by Romanian credit card transaction processor Romcard. read more...

ING Bank Romania revised its view on the leu and sees the local currency stronger in 2011 than its previous forecasts, following the positive impact of the agreement with the International Monetary Fund. read more...

There is no reason to postpone Romania’s adhesion to Schengen, Romanian Foreign Affairs Minister Teodor Baconschi declared. He said that currently, the Hungarian Presidency of the EU supports the expansion of Schengen. read more...

Romania’s Foreign Minister Teodor Baconschi said Thursday he sees no reasons why he should resign considering the ministry has done its homework for Schengen accession. read more...

Romania and Bulgaria’s adhesion to Schengen was postponed, Hungarian Interior minister Sandor Pinter declared, quoted by the German news agency DPA. read more...

Romanian adjusted retail sales fell 1.3% in November compared with the previous month, on lower fuel and non-food product sales, the statistics institute INS said Thursday. read more...

Dacia's output went up by almost 15% to 340,000 vehicles last year, the all time high reached by the Mioveni-based plant, 10,000 cars more than the latest estimates. read more...

Mihai David, former general manager of Hidroelectrica, currently a member of the board of directors of the most valuable state-owned company, believes a new bubble is forming, after the financial crisis that broke out more than two years ago, with the peak of the new bubble to be reached during the next five to six years. Whereas the 2007 crisis was triggered by risky loans, exotic financial products and a highly overvalued real estate market, now the trigger could be the energy sector. More specifically green energy. read more...

The wages of the Romanian Government's representatives in the boards of state-owned companies will continue to be capped, at least until new income and expenses budgets are approved, according to a memorandum approved by the Government on Wednesday. read more...

Two new stores will join the tenant mix on the ground floor of central Bucharest's Unirea shopping centre, with Spanish clothing retailer Inditex bringing another two stores of the group into the central area of the complex - Stradivarius and Pull and Bear - after opening Zara and Bershka in the past two years. read more...