An International Monetary Fund (IMF) team will come to Bucharest on July 26 for the fifth revision of the stand-by agreement with Romania. The mission, which is expected to end on August 4, will evaluate Romania's economy and discuss the economic objectives with the Romanian authorities.

Romanian media, Sucu: Banks are killing lending to individuals – in Ziarul Financiar, NBR bosses' fortunes worth more than 17 million euros – in Ziarul Financiar, Prices of three-room apartments, down 9% in H1 – in Ziarul Financiar, Figures behind My Dream insolvency: 131 unsold apartments and 17m-euro debts – in Ziarul Financiar

IMF: Inflation could reach 7.9% this year, VAT hike impact on economic decline limited – in Ziarul Financiar

Romania's economy will drop by 1.5 to 2 percent this year, according to a recent estimation by Coface. Its previous prognosis pointed to an economic growth of 0.5 percent. “2010 is more difficult than 2009, this has become a certainty

Around 67 percent of Romanians could cope for only three months with a 25 percent drop in salaries, according to a study released by the Institute of the Quality of Life. More than half of the Romanian population has issues in dealing with day to day needs (65 percent), while 61 percent live from one pay check to the other.

Several oil companies and consortia have won oil concessions in Romania following a bid organized by the state. Two consortia and a company have won three oil resources concessions in the Black Sea, the National Mineral Resources Agency has announced.

Calea Victoriei (Victoriei Avenue) is one of Bucharest’s oldest streets and arguably one of the most well known. Its picturesque display of architectural styles recall the beauty of “Little Paris”, as Bucharest was known a century ago.

The Maastricht School of Management is organizing a free MBA Master Class on July 29th, focusing on marketing. Paul Renaud of Renaud Investments (in picture) will be delivering the Master Class on “Marketing Manager Survival Skills.

Sanoma Hearst Romania has bought the local website MagazinulDeCase.ro, which runs real estate classifieds posted directly by owners. The website was lauched in 2006 by several Romanian business people. The acquisition was made through Sanoma Digital Romania, which will continue to make acquit ions on the local online segment.

Events July 5-8: press conferences, round tables, seminars, parties, concerts

The Maastricht School of Management is organizing a free MBA Master Class on July 29th, focusing on marketing. Paul Renaud of Renaud Investments (in picture) will be delivering the Master Class on “Marketing Manager Survival Skills.

An International Monetary Fund (IMF) team will come to Bucharest on July 26 for the fifth revision of the stand-by agreement with Romania. The mission, which is expected to end on August 4, will evaluate Romania's economy and discuss the economic objectives with the Romanian authorities.

Romanian media, Sucu: Banks are killing lending to individuals – in Ziarul Financiar, NBR bosses' fortunes worth more than 17 million euros – in Ziarul Financiar, Prices of three-room apartments, down 9% in H1 – in Ziarul Financiar, Figures behind My Dream insolvency: 131 unsold apartments and 17m-euro debts – in Ziarul Financiar

IMF: Inflation could reach 7.9% this year, VAT hike impact on economic decline limited – in Ziarul Financiar

Romania's economy will drop by 1.5 to 2 percent this year, according to a recent estimation by Coface. Its previous prognosis pointed to an economic growth of 0.5 percent. “2010 is more difficult than 2009, this has become a certainty

Around 67 percent of Romanians could cope for only three months with a 25 percent drop in salaries, according to a study released by the Institute of the Quality of Life. More than half of the Romanian population has issues in dealing with day to day needs (65 percent), while 61 percent live from one pay check to the other.

Several oil companies and consortia have won oil concessions in Romania following a bid organized by the state. Two consortia and a company have won three oil resources concessions in the Black Sea, the National Mineral Resources Agency has announced.

Calea Victoriei (Victoriei Avenue) is one of Bucharest’s oldest streets and arguably one of the most well known. Its picturesque display of architectural styles recall the beauty of “Little Paris”, as Bucharest was known a century ago.

The Maastricht School of Management is organizing a free MBA Master Class on July 29th, focusing on marketing. Paul Renaud of Renaud Investments (in picture) will be delivering the Master Class on “Marketing Manager Survival Skills.

Sanoma Hearst Romania has bought the local website MagazinulDeCase.ro, which runs real estate classifieds posted directly by owners. The website was lauched in 2006 by several Romanian business people. The acquisition was made through Sanoma Digital Romania, which will continue to make acquit ions on the local online segment.

Events July 5-8: press conferences, round tables, seminars, parties, concerts

The Maastricht School of Management is organizing a free MBA Master Class on July 29th, focusing on marketing. Paul Renaud of Renaud Investments (in picture) will be delivering the Master Class on “Marketing Manager Survival Skills.