Fitch Ratings: Romania Election Does Not Allay Medium-Term Fiscal Uncertainty

Fitch Ratings: Romania Election Does Not Allay Medium-Term Fiscal Uncertainty

12.11.2020

Romania’s general election result points to continued political uncertainty and hence a still-challenging policy-making environment and the need to pass a 2021 budget will be a near-term test of the next administration’s cohesion and an indication of likely fiscal policy settings, Fitch Ratings said

Romania To Get EUR809M EIB Support for COVID-19 Resilience, Education, Energy, Private Investment Romania To Get EUR809M EIB Support for COVID-19 Resilience, Education, Energy, Private Investment

Higher education, water distribution, energy efficiency and private sector investment across Romania will benefit from more than EUR809

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Alpha Real Estate Services Sells Three Hotels in Bucharest to Zeus International Alpha Real Estate Services Sells Three Hotels in Bucharest to Zeus International

Alpha Real Estate Services (ARES), the real estate arm of Greek Alpha Bank Group, has sold three iconic hotels in the heart of

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EDP Renewables Prepares Return to Investments in Romania EDP Renewables Prepares Return to Investments in Romania

Portugal’s EDP Renewables (EDPR), the third most important investor in green power in Romania, says new projects will only come if

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Dacia Registers Record Orders for Electric Vehicle Dacia Registers Record Orders for Electric Vehicle

Romanian carmaker Dacia, owned by France's Renault, registered a record number of orders over the weekend for its first all-electric

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Developer Portland Trust Set to Invest in Solar Parks in Romania Developer Portland Trust Set to Invest in Solar Parks in Romania

Portland Trust, one of the most powerful real estate developers in Romania, says it plans to have a more than 500 MW solar park

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Foreign Capital Inflows on Romanian Financial Market Drop 73% in 2020 Foreign Capital Inflows on Romanian Financial Market Drop 73% in 2020

Foreign investors operating on the Romanian financial market injected over RON200 million (around EUR42.3 million) as capital into

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Cluj Metropolitan Train Line Gets Urban Planning Certificate Cluj Metropolitan Train Line Gets Urban Planning Certificate

The Cluj county council has issued an urban planning certificate in view of area planning and feasibility studies for the city's future

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Private Pension Assets in Romania Grow 21% in 2020 Private Pension Assets in Romania Grow 21% in 2020

The assets managed by private pension funds (Pillar II and Pillar III) reached RON78.07 billion at the end of 2020, 21% higher compared

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Colliers: Over 80% Of New Sales Spaces In 2021 Will Be Retail Parks, Including Smaller Shopping Centers Colliers: Over 80% Of New Sales Spaces In 2021 Will Be Retail Parks, Including Smaller Shopping Centers

Real estate developers delivered some 142,400 square meters of new modern retail spaces in 2020, little over half of the estimates

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Analysis

KPMG: Nearly Half of Global CEOs Don’t Expect a Return to Normal Until 2022 KPMG: Nearly Half of Global CEOs Don’t Expect a Return to Normal Until 2022

Almost half (45%) of global executives do not expect to see a return to a normal course of business until sometime in 2022, as opposed to nearly one-third (31%), the 2021 KPMG CEO Outlook Pulse survey has found.