





Romanian trader Cristian Sima: International financial crisis may bring advantage to Romania
Sima argued that there was no link between the BVB events and those on international markets as on Wednesday and Thursday last week, when the BVB was reporting losses, the indices of most important markets were growing.
He said that the BVB reported losses because banks withdrew financial support for companies that were losing ground on the stock exchange. But he said the world banking system was in a major crisis and that the Romanian market has been reporting a general fall since August 2007 which from a general perspective was linked to foreign markets - as opposed to the falls of last week.
Still, he said that the Romanian economy had real chances to come out at an advantage following the international crisis starting this year, should the Romanian market prove "not wealthy, but healthy".