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Ukraine excludes the extension of the agreement for the transit of Russian gas to Europe

Ukraine rules out any trade agreement that would allow Russian natural gas to continue to pass through its territory after the current transit agreement expires at the end of this year, Bloomberg reports, citing Kyiv's Energy Minister Herman...

"The way in which COMVEX came under the control of Dan Drăgoi is the scheme of a scam"

Radu Soviani: What is your relationship with the Drăgoi family?

Who Shares, Makes Their Part

Radu Soviani: Mr. Stolojan, how does mass privatization look now compared to the initial intentions for this program?

POKERSTARS:Rezultate remarcabile ale jucătorilor români de poker la turneele PokerStars din octombrie

PokerStars a organizat o serie de turnee europene importante de poker live în luna octombrie, iar jucătorii români au avut o experienţă extraordinară şi rezultate pe măsură: Dănuţ Chişu, Andrei Spătaru, Alexandru Papazian, Alin Pandilică şi Iosif...

TCL, triplu premiat de către EISA

În acest an, TCL, unul dintre cei mai mari producători de dispozitive electronice de consum şi printre principalii jucători din industria TV la nivel mondial, face istorie la premiile EISA, câştigând pentru prima dată distincţia "PREMIUM LCD...

The US plans to allocate almost 2 trillion dollars for the economic turnaround

• Republicans: "The stimulus plan passed by the American congressmen, too expensive and too badly targeted"

FINANCIAL MARCHMarch, under the sign of Covid-19

March 2020 has seen several firsts, the effects of which are already being felt in the economic environment. The coronavirus epidemic has already started being felt in the first days of March, when a large number of companies decided that their...

THE NATIONAL BANK OF ROMANIA IS PROVIDING FINANCIAL EDUCATION TO MAGISTRATES (II)Never borrow over more than 10 years, and never borrow at a variable interest rate

The lending boom in the second half of the last decade was caused by a combination of factors, with the most important being, according to the opinion of the NBR, the overall trend towards deregulation and laissez-faire worldwide, the full...

FRIDAY MAY 13TH - A HISTORIC DAY FOR THE BANKING SYSTEM The law of giving in payment - the bittersweet victory of CHF borrowers

It took a year and five months since the Swiss Franc blew up for us to adopt an extreme solution for people who borrowed in the currency that looked so tempting eight years ago.

"Banks should drop the hypocrisy"

Reporter: How do we resume lending in Romania?

ISĂRESCU DOUBTS THAT ANYTHING CAN BE RECOUPEDVolksbank, Banca Transilvania's bank, the hot potato that Ciorcilă is holding

NBR governor Mugur Isărescu yesterday said that Volksbank has always been a distressed institution and that "there have been heavy negotiations to allow the assets of Volksbank to be sold at a price which would allow Banca Transilvania to...

Gabriel Dumitraşcu: "For the IPO of Electrica, we want to attract the money that is running away from the region"

THE TENSIONS IN UKRAINE, AN OPPORTUNITY FOR ROMANIAGabriel Dumitraşcu: "For the IPO of Electrica, we want to attract the money that is running away from the region"

Reporter: What is the current stage of the IPO of Electrica?

EXCLUSIVE: THE BSE MUST BECOME MORE ACTIVE"The Romanian stock market, too small for private companies"

• Interview with Dr. Mark Mobius, CEO of Franklin Templeton Emerging Markets Group

A call for tenders with a scandal at Oltchim

• PCC, the only bidder for the receivable of the AVAS

"I have seen Romanian products being sold at outrageously high prices in the Russian stores", said Mihai Ionescu.

ROMANIA-RUSSIA: MIHAI IONESCU:After the '90s, trading between Romania and Russia came to a halt

• Interview with Mihai Ionescu, the secretary general of the National Association of Importers and Exporters of Romania (ANEIR)

ON THE DEATH OF A MARKET, THREE WORDS IN ONE:Lies, stupidity and blackmail - Rasdaq

Zaremba: "No investor will ever accept for the state to change the rules mid-game."

EXCLUSIVE: A WARNING FROM THE MINORITY SHAREHOLDERSThe government could end up stuck with "Oltchim"

• Interview with Wojciech Zaremba, the representative of PCC SE in Romania

THE NATIONAL OFFICE FOR PREVENTING AND FIGHTING MONEY LAUNDERING:Banking secrecy does not apply to us

VÎNTU AND LUCAPlaying "pass the potato" with a pile of money

Vîntu and Luca were arrested for playing "pass the potato" with money, although the amounts involved were definitely something - the 328 million Euros which Petromservice got following the contract to sell the oil operations and the...

VÎNTU AND LUCAPlaying "pass the potato" with a pile of money

Vîntu and Luca were arrested for playing "pass the potato" with money, although the amounts involved were definitely something - the 328 million Euros which Petromservice got following the contract to sell the oil operations and the...

People who think the BSE is a goldmine and the Sibiu exchange isn"t worth anything should look at the daily volumes that the two had during the crisis; that"s how they are going to understand that in Sibiu you can win when the market is rising, as well as when it is falling".(ed. note: above, the chart displaying the evolution of volume on the September DEDJIA _RON contract of Sibiu)

Cristian Sima: "The Proprietatea Fund, the final sale of privatization vouchers in Romania"

(Interview with Cristian Sima, the head of brokerage firm WBS Romania)

"Rompetrol" wants the state as a partner in "Petromidia"

• The company claims that it can also resort to converting bonds into stocks to pay off the debts

Employees of Electrica over right to acquire stock in the company

Employees of Electrica SA and of its branches could gain in court the right to have the state owned company draft the methodological norms for the sale of as much as 10% of the company to its employees. Adolf Mureşan, the chairman of the Univers...

Government raises cap for homes built from the ground up under the "First Home" program

The maximum amount guaranteed by the state under the "First Home" program will be capped at EUR 60,000 for those who buy completed homes, but it will be raised to EUR 70,000 - 75,000 for building new homes, PM Emil Boc said yesterday....

National Guarantee Fund did consult the Competition Council upon creating the programme, but the Council found no irregularity.

First Home Programme Starts On The Wrong Foot European Commission Considers Investigation

ANA Săbiescu

Romania was using the smallest quantities of active substance per hectare in the EU.

GOOD NEWS IN CRISIS TIME:Fertilizers Industry Is Breathing Again

• The domestic market to come back to life with 400 RON/ha governmental subsidy for fertilizers

The Federal Reserve"s desperate attempt to cut the cost of financing on the market only led to a rapid growth of re-financing.

THE AUTHORITIES" INTERVENTIONIST ZEAL WILL DEEPEN ECONOMIC CRISISWhy Is Santa Claus Not Coming Anymore?

"An essential point in the social philosophy of interventionism is the existence of an inexhaustible fund which can be squeezed forever. The whole system of interventionism collapses when this fountain is drained off: The Santa Claus...

SkyEurope, MyAir - 1 Mio. Passengers Moved In Romania

SkyEurope and MyAir, two low-cost airlines that recently formed an alliance, estimate that they will pass the milestone of 1 million passengers moved in Romania within two years, according to MyAir Romania CEO Antonio Iervolino. "The recently...

Politics and Capital

The recently released World Bank Country Report on Romania contains a phrase that reveals one a core origin of many of the problems that make Romania a "special' case. The World Bank's specialists compare foreign capital participation...

The "Heavy" ROL and "The New Romania" (I)

After nearly three years of "hard persuasive work," studies, analyses and debates, The National Bank has finally managed to convice The Ministry of Finance of the necessity to "denominate the ROL," that is, to replace the existing...