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STUDIESCOVID-19, more of an economic crisis than a health risk

The Covid-19 pandemic is considered by most people first of all an economic crisis and only secondly a health crisis, recent studies quoted by the World Economic Forum state.

South-Eastern Europe, covered in Electromontaj power lines

The national grid for the transport and distribution of electricity has gone through several stages of development, but the biggest began 70 years ago, with the creation of the company known today as Electromontaj SA.

Romania and Georgia offer Europe a geoeconomic and cultural bridge to the Caucasus and the Caspian Sea

Georgia, the "land of wolves" or that of Saint George, officially pledged to the Virgin Mary, with a multi-millennial culture and with an alphabet and language unique in the world, with anti-communist saints, such as Metropolitan Nazar, killed by the Bolsheviks, or Holy Gabriel the Georgian, canonized in 2012, is a small but brave state, which did not hesitate to fight the Russian Moloch, when attacked. In 2019, Georgia and Romania celebrated 300 years of cultural and diplomatic relations, founded by the friendship of two holy scholars: Antim Ivireanu and Constantin Brâncoveanu, both martyred by the Turks. With mountains taller than the Mont Blanc, in the Caucasus Mountains where Greek legends say that Prometheus was bound in chains, Georgia is literally at the geographical and historic crossroads between Europe and Asia. Romania, aside from the cultural and religious links with the old Iveria, is a neighbor to the Georgian state via the Black Sea. His Excellency Nikoloz Nikolozishvili, Georgia's Ambassador to Romania is now going to tell us what that can mean for the two states that once had direct common routes. A philologist, journalist and historian, educated in the history of art and theology, the Georgian diplomat has served as ambassador to Armenia, Slovakia, Slovenia and Poland. Well versed in the shared history of our two countries, the Georgian ambassador aims to restore the bilateral economic ties, for the benefit of our countries and of Europe, on the energy and geopolitical coordinates of the three seas: the Caspian, Black and Adriatic.

GEORGE ZHANG, HUAWEI:"We are counting on stable relationships and free competitiveness in Romania"

• "We believe that in 2020 the Romanian Government will give the green light to the 5G auction"

• "We are considering the beginning of a road show, a mini-Mobile World Congress"

• "If you remove Huawei from the Romanian market, you need to find players with a clout of 2.6 billion Euros"

The lie detector as a parliamentary instrument

Attempts to form a government cannot be aimed at achieving a negative effect, namely the dissolution of Parliament, possibly followed by early elections.

bursa, credit, chf, decizie, radu ghetea

"The decision to grant loans in CHF was a bad one"

(Interview with Radu Graţian Gheţea, Chairman of the Board of Directors of Libra Internet Bank and Honorary President of the Romanian Banking Association)

As early as the Ming Dynasty (1368-1644), the Chinese were writing medical treaties about administering natural treaties against scabies, by decoction of "plum rain", the preparation of which is illustrated in the picture above. It would be presumed that such a centuries-old practice gives them the chance to find an antidote to the coronavirus, natural or otherwise, as long as it is effective.

AFTER THE CHINESE NEW YEAR HOLIDAYStock exchanges in China hit by the coronavirus

• People's Bank of China: "The stock crash had irrational or even panic elements, triggered by the herd behavior"

• Beijing accuses the US of spreading panic when it comes to the coronavirus

• The European markets closed yesterday up

Zentiva - ready to leave the stock exchange

• Brokers: "The capital increase operated by the company was done so that the majority shareholder would exceed the holding cap of 95%, which would allow them to take the company private"

Zentiva SA (SCD), the former Sicomed, is about to...

BREXIT: Adios muchachos!

A historic moment for the European Union, which starting with February 1st, will lose an important member of its community! After 47 years in the European Union and three years of negotiations and disagreements which turned into a political...

IN THE LAST FOUR YEARSCompa has underperformed the BET-XT index

For the last four years, shares of the auto parts manufacturer Compa Sibiu (CMP) have gone through two distinct periods, namely, a rise up until the summer of 2017, marked by a high of 1,335 lei, followed by a downward trend that is ongoing, and...

The NBR has missed the inflation target (and got its own forecasts wrong)

Last year, the National Bank of Romania (BNR) missed both the inflation target as well as the consumer prices forecasts. The National Institute of Statistics (INS) announced yesterday an annual inflation rate of 4% last year.

"Getting listed has helped us grow and become stronger"

• (Interview with Alexandru Stânean, general manager of TeraPlast)

• TeraPlast is aiming for a turnover of 208 million euros in 2019

• "We have made it a goal for us to have sustained growth"

• Last year, the company's exports...

OVER THE LAST THREE YEARSNearly 270% rise for shares of Turbomecanica

• Alin Brendea, Prime Transaction: "The favorable context of the defense industry in recent years has also had a positive influence on the financial results of Turbomecanica"

• Adrian Simionescu, Vienna Investment Trust: "Before the...

"2019 - the first year in which our industry did not perform well"

Reporter: What were the end of 2019 and the beginning of 2020 like for businessmen?

Cristian Pârvan: The business sector feels that it must remain optimistic, considering last year's economic growth, of over 4%. This evolution...

ANALYSTS: "The BSE will not remain unaffected by the conflicts in the Middle East, but it will be late to react"

Our capital market will not remain unaffected by conflicts in the Middle East, but will most likely react late, being less exposed to international events than other, more developed foreign markets, analysts consulted by BURSA newspaper said....

2020 - a special strategic thinking effort

The year 2020 will be marked by three events with a major impact on Romania's development: The European Union will adopt the new 2021-2027 financial perspective and we expect our country to be allocated a volume of European funds at least as...

The Federal Reserve, between "the deep state" and the "economically clueless state"

The association between the Federal Reserve and the "deep state" fighting President Donald Trump was only a matter of time. Probably the only question is why so much time has passed from the first allegations made by Trump against the...

Santa came along with gifts and brought joy to children at the "BURSA" offices

Just like he does every year, for a few hours, this Saturday, Santa Claus stopped by at BURSA, with his bag full of sweets and toys. Around 150 children in the Popa Tatu area were delighted to see him again and to tell him poems and songs,...

Optimistic budget for 2020

Economic growth of 4.1%, budget deficit of 3.59%, average inflation rate of 3.1% - these are the main macro-economic indicators that the budget for next year was built around, according to the Report on the macroeconomic situation for the year...