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 BUCHAREST (Romania), September 5 (SeeNews) - The Romanian stock market extended losses for a third consecutive day on Friday amidst investor panic, mirroring negative sentiment on the global scene, and three of the blue-chip stocks dominated trading, brokers said.

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DatePublishedSep 5, 2008 17:04 CET
Free/Paid3.95 €
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TopicsMarket, Equity Markets
PublishersSeeNews - The Corporate Wire
TypesStory
CountriesRomania
IndustriesN/A
CompaniesImpact Developer and Contractor SA, Petrom SA, Rompetrol Rafinare SA, SSIF Transilvania, Banca Transilvania SA, BRD - Groupe Societe Generale SA
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An official UK report showed that the British industry is suffering as 540,000 of the migrants who have come from the EU new member states returned to their countries following the global crisis. How a massive reverse migration will affect the SEE?
Oct 8, 2008
The new labour force will push up the local economies
The gross domestic product will slow its growth due to the lower level of money transfers from abroad
The returning experts will lead to unstable social security system and dissatisfaction of population
The reverse migration will raise the level of business culture to the one in the countries in western Europe
The reverse migration will not provoke major changes
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The highest peak in the Balkan Peninsula is Mt...
The highest peak in the Balkan Peninsula is Mt. Mussala, 2,925.4 m, in Rila Mountain in Bulgaria.
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