Europe

Loans in Swiss francs to be repaid at current rate

Greece's Supreme Court has overwhelmingly ruled that some 70,000 people who had taken out loans in Swiss francs will have to repay them at the current exchange rate and not that at the time they were issued by the banks. 
Due to a currency appreciation of the Swiss franc, many borrowers have seen the cost of their loan increase despite having paid regular installments in repayments.

Crown Custodian Margareta: We are for national reconciliation, this is what my father fought for

The Royal Family wishes a "national reconciliation", this being the objective King Mihai fought for, the Romanian Crown Custodian Margareta told AGERPRES in an interview. Prince Radu, in the same interview asserts that when the country is more divided, the Crown comes forth as "the single one that maintains a certain balance".

PM Dancila: Romania sees record level of foreign direct investment in first two months

Romania saw a record level of foreign direct investment over the first two months, exceeding one billion euro, the highest level after the economic crisis, Prime Minister Viorica Dancila said on Thursday in the opening of the Government meeting. "I would like to point out some data that prove that Romania's economy is on an upward trend and will continue to grow.

Pages