Measures to reduce risk in the banking system
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Pressing problems in accessing finance
According to the survey on the access to finance of non-financial corporations in Romania, published by National Bank of Romania, firms kept largely an unchanged view on the evolution of the main financial indicators for April 2017 – March 2018, except solely for labour costs and other costs. Thus, a higher number of companies showed that these indicators posted a moderate increase versus the previous round (49 percent compared to 37 percent and 40 percent compared to 28 percent respectively).
Women on Business
“A woman with a voice is by definition a strong woman. But the search to find that voice can be remarkably difficult.” – Melinda Gates
Breaking down Liability
“Debt is one person’s liability but another person’s asset.” – Paul Krugman
Defining contract clauses can be a good start in securing your business. The contract is the will of two or more persons with the intention of creating, modifying or extinguishing a legal relationship.
Developments in non-financial corporations’ main financial indicators
At aggregate level, according to companies polled, the main financial indicators remained largely steady in October 2016-March 2017, similarly to the developments seen in April-September 2016. The share of companies posting higher labour costs went up from the previous round (37 percent, from 31 percent).
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COSME – Europe’s programme for small and medium-sized enterprises
Small and Medium-sized Enterprises (SMEs) are the backbone of Europe’s economy, providing 85% of all new jobs. The European Commission aims to promote entrepreneurship and improve the business environment for SMEs, to allow them to realize their full potential in today’s global economy.
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