Until present, Romanian real estate market doesn’t affect much by U.S. housing and financial crisis. Though, considering the ongoing globalization process Romania simply can not avoid risks coming from the interaction of its own economy with the other ones. More or less, sooner or later, the...

The financial system of Romania evolved in conditions strongly influenced by the manifestation of the global financial-economic crisis. At the beginning of the crisis, the Romanian economy had travelled through a period of many years of economic growth, accompanied however by the accumulation of...