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2 noiembrie 2010
The Prime Minister finally wised up

EMIL BOC THE CREATIVE PRIME MINISTER HAS FINALLY REMEMBERED ABOUT THE COMPANIES OWNED BY THE STATEThe Prime Minister finally wised up

MAKE (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 2 noiembrie 2010

The excitement of president Traian Băsescu during the meeting with the IMF mission, which came to the Cotroceni palace on Sunday, was due to a mysterious set of measures concocted by the Boc government in the nick of time, which the presidency thinks could help secure less harsh terms on the agreement with the international financial institutions.

Franklin Templeton tries to stave off the lawsuits against the Proprietatea Fund

ŞTEFANIA CIOCÎRLAN (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 1 noiembrie 2010

Assaulted by the angry shareholders who are going to court requesting the cancellation of the decisions of the last General Meeting of the Shareholders of the Proprietatea Fund (FP), Franklin Templeton, the manager of the Fund, is trying to counteract part of the arguments of the unhappy shareholders, by summoning a new Extraordinary General Meeting of Shareholders, for the approval of the Articles of Incorporation of the Fund for the second time.

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The "off-shore" fortune

The "off-shore" fortune

Alina Toma, Mihai Munteanu, Daniel Bojin (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 29 octombrie 2010

Over 100 million Euros have left from the accounts of the former Petromservice (currently called PSV Company), controlled by unionist Liviu Luca and businessman Sorin Ovidiu Vîntu, to several companies registered in tax havens.

The impaler and the tyrant

The impaler and the tyrant

MAKE ( Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 27 octombrie 2010

The next episode in the political struggle is today"s union protests, to put pressure on the Parliament, at the time of the vote on the motion of no-confidence, by which the opposition is trying - but without the ghost of a chance - to sway a...

Brokers, in danger

NEW FINANCIAL REQUIREMENTSBrokers, in danger

ŞTEFANIA CIOCÎRLAN (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 26 octombrie 2010

An eventual increase of the contribution paid by brokerage firms to the Investor Compensation Fund (FCI), which is being discussed on a European level, could bring to their knees some of the small and medium sized domestic brokerage firms, which...

NBR intervention suspected

NBR intervention suspected

G.C. (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 25 octombrie 2010

The leu posted significant gains, in the second half of Friday"s interbank trading session, and the exchange rate dropped below 4.3 lei/Euro, from 4.32 lei/Euro in the beginning of the session, due to the selling of Euros.

Romania"s risk premium increasing

Gabriela Căpătână (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 25 octombrie 2010

Romania"s perceived risk reflected in the quotations of CDSs (Credit Default Swaps) started rising, and it depends largely on the visit of the IMF, whereas the reverse is happening in the other countries in the region.

The news factories

The news factories

MAKE (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 21 octombrie 2010

In just three days, "The news factory" became the most unfortunately chosen title that anyone could have come up with for a show of "Realitatea" TV.

The OTC market under attack

FLORIAN GOLDSTEIN (TRANSLATED BY COSMIN GHIDOVEANU)Ziarul BURSA #English Section / 21 octombrie 2010

The Board of Directors of the BSE has scheduled a meeting for today, on the same day as the elections for the Central Depository, meaning they"re getting so busy that it becomes a problem to meet all the items on their schedule.

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