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FINANCIAL
European Commission: Romania continues to record excessive imbalances
The European Commission announced on Monday that it had assessed the existence of macroeconomic imbalances in 12 EU…
System of withholding taxes for capital gains as of 2023. Stock market investors…
From the beginning of next year, the stock market investors will benefit from lower taxes for profitable…
Aquila to be included in FTSE Russell indices dedicated to Emerging Markets…
The shares of Aquila Part Prod Com (AQ), the market leader in the field of integrated distribution and logistics…
STK Properties – a real estate developer from Cluj-Napoca – went…
STK Propertie , an investment vehicle founded by the STK Emergent investment fund, focused on the development…
Rate of bank loan defaults is set to rise across the eurozone, while growth in…
The number of eurozone businesses and households unable to make repayments on their bank loans is set to rise,…
INS: Romania’s economy up by 5.2% in the first three months of 2022
In Q1 2022, as compared to the previous quarter, the Gross Domestic Product increased by 5,2%, announced the…
Proprietatea Fund posts financial results for Q1 2022
Fondul Proprietatea (hereinafter “The Fund”) published today its financial results for the first three months ended…
EC has halved its estimates for the growth of the Romanian economy in 2022 to 2.6%
After a robust growth in 2021, Romania's economy is expected to slow to 2.6% in 2022, as inflation reduces…
Instant Factoring and TechVentures Bank are associating for Romanian small and…
Instant Factoring, the first online micro-factoring fintech in Romania, that is dedicated to small and medium…
Japan Freezes Russian Bank Accounts
On May 12, the Japanese government froze assets in the accounts of Russian banks Sberbank and Alfa-Bank. Also,…