« on: March 19, 2009, 02:00 AM »
Where I leave things look badly too: many companies do not have enough orders, some have collapsed, some have fired a lot of people, and the construction segment is also powerful hit, as less people buy houses or apartments. There has been a rush to buy, to get credit, to spend money, before the recession begun, but now it is very hard to get a credit from the banks and some people are having problems paying their credits. A lot of Romanians worked abroad, in Western Europe, but many of them had to come home as there are great problems too. Unfortunately, they were very important for out economy, as they sent important sums of money home.
Sure, things will get better, the question is when. And, very importantly, which is the lowest point we will reach.