Romanian banks profit attracts new operators on the market

Thursday, January 18, 2007

The Bank of Cyprus wishes to continue its growing plans by extending its activity on new markets such as Romania and Russia as well as Cyprus and Greece. The bank rejected the proposal presented by Marfin Popular Bank who wished to present a public bid of take over to the Bank of Cyprus shareholders.The Bank of Cyprus obtained in December 2006 the operating licence on the Romanian market from BNR, with the intention to start its operations in March. According to the plans agreed by the ...

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Thursday, January 18, 2007

There were 456,000 unemployed persons in end November in Romania
Prime minister Tariceanu “ I refused to be a puppet in political games”
President Traian Basescu met his Serbian counterpart Boris Tadic in Belgrad
PM Kostunica said that, as regards Kosovo province, a compromise solution should be found.
Prime Minister Calin Popescu-Tariceanu met a group of German investors
Romanian economy to grow by a yearly average of 6.4 pc in the next three years
Government drops local border-crossing taxes
Statistics : Growth of main economic indicators steady in November
Romania accounts for 30 pc of outsourcing operations attracted by Central and Eastern Europe in 2006
Romanian banks profit attracts new operators on the market
Euro to trade at 3.39 lei on Thursday
Romania can attain 3 percent inflation in 2010
Romania ranks 67th in terms of economic freedom, having climbed 25 positions on last year
Companies set up by Romanians settled abroad boost national budgets
8,700,000 euros for cooperation projects at the Bulgarian border
Basescu : “Tariceanu offered me partnership with the oligarchs”