CĂUTARE (38)

Following the crises that followed from 2019 until now and the over-indebtedness of companies, individuals, but also of states, it is vital that the mechanisms to prevent insolvency or bankruptcy work correctly and an interpretation agreed by all...

The faulty management of the former management team of ASF, headed by Nicu Marcu, with particular consequences in the insurance market, where in recent years we have witnessed the bankruptcies of the companies City Insurance and Euroins Romania,...

The National Energy Regulatory Authority (ANRE) fined three electricity suppliers with almost 18 million lei and sanctioned two others with a warning, because they purchased through the Centralized Electric Energy Purchase Mechanism (MACEE) a...

Instituţiile de credit funcţionează într-un mediu extrem de complex şi puternic reglementat. Orice schimbare a climatului economic adesea capătă forma unor noi cerinţe de reglementare, ceea ce testează în mod continuu capacitatea de răspuns şi...

Emil Boc, the mayor of Cluj-Napoca, has set new goals for the development of the city. One of them is the fulfillment of the European Union's requirement to be a climate-neutral city. It also has in mind some major investments, such as the...

Banca Comercială Română (BCR) a anunţat lansarea primei emisiuni de obligaţiuni senior nepreferenţiale din România şi din Europa Centrală şi de Est, în valoare de 600 de milioane de lei, listate la Bursa de Valori Bucureşti.

Banca Europeană pentru Reconstrucţie şi Dezvoltare (BERD) susţine prima emisiune de obligaţiuni de rang senior nepreferenţiale (senior non-preferred) din România, prin participarea în programul Băncii Comerciale Române (BCR), cu o investiţie de...

The urgent amendment of the laws of justice, which is generating a serious attack on the entire democratic system in the country, is turning journalists into offenders, according to a press release of the president of the FAIR - MediaSind Culture...

Consiliul Uniunii Europene şi Parlamentul European au trimis către BCE, la începutul acestui an, o cerere referitoare la transmiterea unor propuneri de revizuire a cadrului de administrare a crizelor.

The Council of the European Union and the European Parliament have sent to the ECB, in the beginning of this year, a request concerning the sending of some proposals to revise the framework for managing crises.

The European Commission reacted on Tuesday, after the deputies of the Commission for Industries and Services have passed a series of amendments to the Natural Gas Law, according to which the gas producers will be required to fully trade their...

Mircea Ursache, the vice-president of the Financial Oversight Authority (ASF), has announced yesterday that the institution will sanction shareholders acting in concert, prior to the general shareholder meetings scheduled next month at the SIFs,...

The spasmodic evolution of the shares of Monte dei Paschi (BMPS) on the Milan stock exchange is nearing its end, as the reality of bankruptcy and the need for nationalization can no longer be denied.

Greece's "glory" days, when any negotiation of the new plans for the "rescue" held the front page of the European newspaper, are in the past.

The global financial crisis, after which large international banks needed the help of governments in order to survive, has led to the demolition of the myth that financial institutions can manage the risks that they have assumed.

The bail-in (the seizure of unguaranteed deposits to save distressed banks) has become a hot topic over the last few days, increasingly approached by the media institutions, but also by analysts, legal experts and members of Parliament.

The reaction of NBR counselor Cristian Bichi, who posted on the NBR website the following clarifications, is increasingly important for BURSA's readers, because the "bail-in" subject (which BURSA has been debating since 2013) has been...

In a banking system built on the foundation of money being created by banks through granting loans and fractional reserves, insolvency is the natural state of things.

The law of giving in payment may require banks to report to the NBR on their negotiations plans with customers and on the status of said negotiations, Mugur Isărescu, the governor of the Central Bank of Romania said yesterday.

The Austrian authorities have taken yet another step on the mined field of financial "stability" of the so-called hard core of the Eurozone.

La ultima conferinţă de presă a BNR, guvernatorul Mugur Isărescu a amintit şi de legea dării în plată, precizând că la reexaminarea proiectului legislativ trebuie să se ţină seama şi de recomandările primite de la Banca Centrală Europeană.

In the latest press conference of the NBR, governor Mugur Isărescu also mentioned the law of giving in payment, and stated that the reexamination of the draft law must take into account the recommendations received from the European Central Bank....

Mai sunt puţine zile până când va intra în vigoare Directiva de Redresare şi Rezoluţie Bancară (BRRD) la nivel european. De la 1 ianuarie 2016, creditorii băncilor şi clienţii cu depozite mai mari decât pragul de garantare (100.000 de euro) vor...

Klaus Iohannis has signed the law which allows the confiscation of unguaranteed deposits (bail-in) to save distressed banks, by promulgating yesterday the law on the resolution and recover of banks and investment firms. Romania's president...

When all the arguments that would justify your lack of action in an area of primordial social interest, in relation to which you are claiming absolute competence, all that is left for you is to switch to forcing the creation of...

Romania will be forced to pay penalties for every day of delay until it fully transposes the legislation on Bank Recovery and Resolution Law (BRRD), which also involves the application of the bail-in (a procedure which involves the confiscation...

• ADEVARUL 

Reporter: How did the activity of Romanian banks with Greek shareholders go lately, in the context of the Greek crisis?

Depositors that have amounts larger than the maximum guaranteed amount of 100,000 Euros have begun withdrawing their money, as demonstrated by the report of the Fund for the Guarantee of Bank Deposits (FGDB).

• ADEVARUL 

The Romanian authorities want Romania to enter the Eurozone, but they are not capable of transposing the provisions of the European legislation into ours, and when they do, they do it incorrectly, says Nicolae Cinteză, the head of the oversight...

The National Bank of Romania (NBR) will put up for debate, in a working group, the creation of an independent mechanism that would be in charge of dealing with the disagreements arising between banks and consumers, before they get to the courts,...

Actualizare : BCE a cerut băncilor europene să raporteze expunerile detaliate faţă de Austria

Ratingurile Erste Group Bank şi UniCredit Bank Austria ar putea fi reduse cu două trepte, la nivelul BBB+, iar cel al Raiffeisen Bank International cu trei trepte, la BBB, a declarat, ieri, Patrick Rioual, analist la Fitch Ratings, transmite...

• ADEVARUL 

The draft law which says that borrowers that have taken out loans denominated in foreign currencies may be allowed to repay early or to refinance their loans at the exchange rate effective at the time the loan was contracted was approved...

Fără existenţa unui "mecanism declanşator imediat", agenţia Moody's a anunţat, la sfârşitul săptămânii trecute, revizuirea perspectivei, de la stabilă la negativă, pentru ratingul a 82 de bănci europene.

In a letter from February 19th, Mihai Fercală, the CEO of SIF3 Transilvania, warns the chairman of the ASF, Dan Radu Ruşanu, against the manner of voting in the General Shareholder Meetings of the SIFs and against the proposals to raise the...