CĂUTARE (43)

budget rectification
Photo source: facebook / Ministerul Apararii Nationale, Romania. (Photo credit: Cosmin Marinescu, Stelian Dună)

Prime Minister Ciolacu broke the Army's piggy bank

George MarinescuEnglish Section / 17 ianuarie

Last year, the government cut 7.2 billion lei from the money allocated for the endowment of the Army and transferred that amount to the reserve fund in order to retain the loyalty of its party clientele, says deputy Claudiu Năsui (USR), former...

Rudderless in bad weather

Rudderless in bad weather

George MarinescuEnglish Section / 25 octombrie 2023

The change of government at the end of the first semester of this year apparently did not bode well for Prime Minister Ciolacu's team, which found itself with a budget deficit that is increasingly difficult to control and manage, with the...

Politics and the pandemic shake up the markets

Politics and the pandemic shake up the markets

MIHAI GONGOROI (TRANSLATED BY COSMIN GHIDOVEANU)English Section / 23 septembrie 2020

The Leu has reacted differently against various currencies, during the pandemic, with the EUR/RON exchange rate going up, while the opposite happened to USD/RON. The latter happened because of the weakening of the dollar against the Euro, during...

PSD sliding down, Covid-19 and the deficit on the rise

PSD sliding down, Covid-19 and the deficit on the rise

Emilia Olescu, George Marinescu (Translated by Cosmin Ghidoveanu)English Section / 7 septembrie 2020

The aftermath of the political dispute in July made its negative effects fully felt throughout August. Due to the political indecision regarding the quarantine law that tormented the Romanian society in the middle of summer, we faced, last month,...

Rectification inflating budget deficit

Rectification inflating budget deficit

George Marinescu and Mihai Gongoroi (Translated by Cosmin Ghidoveanu)English Section / 17 august 2020

The draft budget revision published at the end of last week sparked a series of pro and con opinions, especially in view of the increase of public expenditures by 18.2 billion lei, due to the pension point hike by 14% and the increase of...

The judicial system, Orban's pain in the neck

The judicial system, Orban's pain in the neck

GEORGE MARINESCU (translated by Cosmin Ghidoveanu ) )English Section / 4 decembrie 2019

The judicial system seems to be again in the spotlight, these days have been marked by a series of actions in the field, with an impact both on the activity of the magistrates and on the political scene.

The time bomb

The time bomb

FLORIAN GOLDSTEIN (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 4 mai 2012

The former minister of Finance Bogdan Drăgoi yesterday came on TV to tell us that the Budget has enough money to bring back the wages of the public sector workers to what they were before they were cut by 25%, in an attempt to deny the statements...

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02 Sep. 2024
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