Vodafone CEO: Romanians reduce consumption - Azi

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The worsening macroeconomic conditions have made Romania"s active population prefer savings over consumption this year, and this trend might become even stronger once loan interest rates and utility price increases start to show in bills, believes Liliana Solomon, CEO of Vodafone Romania, the second leading player on the mobile telephony market.

The worsening macroeconomic climate combined with a wave of local and European regulations, the maturity and increase of competition on the mobile...

Read the whole story in: Ziarul Financiar