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The challenges related to climate change are increasing, and the transformations are evident. It is clear that without concrete measures, the losses will be enormous. The Greenland ice sheet lost an area of 5,091 square kilometers between 1985...

In the battle with Covid-19 virus, various policies have been adopted around the world, of which I would mention the two extreme positions. Thus, some states followed the Darwinian theory of "Survival Of The Fittest". Others considered...

Closed schools, online "education", HoReCa nearly collapsing, the mandatory mask wearing in all public spaces. These are the consequences of the infection index of 3.19 per thousand, combined over the last 14 days, based on which the...

The risk of central banks leading the economy towards a period of stagnation is increasingly evident. Both the considerable drops in the growth estimates, as well as the expectations of the central banks concerning the GDP and inflation, as well...

Born from the ashes of the financial crisis of 2007 - 2008, the second largest bull market in history became ten years old on Saturday, as the current historic cycle represents the second biggest economic expansion in the history of the...

Angela Merkel inaugurated the highway in December 2005, less than a month after she became chancellor of Germany.

• UPDATE The liquidation of Veneto Banca and Banca Popolare di Vicenza can cost 17 billion Euros 

Greece's national motto is "Freedom or death", and the title of the state hymn is "Hymn to Freedom". On March 25th, the Greek republic celebrates its National Day, which marks the beginning of the Independence War of 1821,...

"The shadow of war looms over us particularly when we try to forget it", in the words of Erich Maria Remarque ("Im Westen nicht Neues", Berlin, Propylaen, 1929), that had no desire to be prophetic, but which are depressingly true....

Wolfgang Schäuble, the rigid German finance minister, who was unyielding in his negotiations concerning Greece's debts, is now asking for the understanding of the Union's citizens and for their trust in the shared project, as "the...

Who benefits from the Greeks' vote on Sunday and how? Who gains what? Perhaps it wouldn't be meaningless to even ask ourselves who wins or who loses. In this game with a lot of money at stake (hundreds of billions) and cheap politics, the...

We have an inefficient stock market, which has rules without any practical purpose, a market dominated by incompetent and starry-eyed brokers, considers Grigore Chiş, the general manager of SSIF Broker.

• Companies which had a perfect operation for 20 years are on the brink of bankruptcy, because the government hasn't reimbursed the money for the projects they conducted using European funds, according to Florin Pogonaru  

The expansion of the global financial crisis over the last few years has revealed the irresponsibility of "development" dependent on cheap credit. One of them is also the promotion of green energy through any means, under the pretense of...

Countess Bettina Bernadotte (37 years old) opened the annual meeting of the winners of the Nobel prize in economics, which took place between Tuesday and Saturday, on the island of Mainau, (named "Flower Island") of Lake Constance...

Adrian Vasilescu, the advisor to the governor of the NBR, considers that the next year will be just as difficult as 2010. In his opinion, the official forecast, which predicts the economy will grow by 1.5%, can be reached if we do not stumble....

Over the past few days, poetry books have seen record sales.

The domestic healthcare system is in terrible pain. This is something that outsiders and insiders agree on. The education system is collapsing. This is what people are discreetly saying on school corners. However all of the above things feel...

Clubs from the Romanian 1st Football League set a negative record this summer: they failed to sell even one domestic player to any of the major championships in Europe (Italy, Spain, England, Germany). Only two players got transferred abroad, so...

• Unions to start the first strike on 2 October 

Bankers" bonuses should be deferred in order to reward long-term results rather than short-term risk-taking, G20 finance ministers have suggested in a draft proposal issued on Saturday, according to BBC News.

Romania will not be able to meet the 2009 targets set as part of the agreement with the IMF for the end of the year, president Traian Băsescu announced.

• Recovery may start in 2010 

Alina Toma Vereha

Călin Rechea

• Brussels disproves of subsidies to the chemical industry via farmers  

Statistics have never looked so grim for the developed economies. The industrial output of Germany and Japan is dropping at unbelievable speed, as foreign demand is vanishing. The same trend is visible in the Eastern European economies, too....

By the time you are reading this article, my fellow Americans and I will have elected our next president, whom the rest of the world will have to live with for at least four years. Most foreigners are hoping that Obama is going to win. This is...

Some say the combined forces of the Democrats and Liberals matched or even outranked PSD in the elections for county councils. Specialists say that the votes cast in county elections are political votes because they express an option for a given...