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Yesterday, Greek PM George Papandreou took the entire world by surprise, announcing that he would organize a referendum in the country and would request a vote of confidence in the Parliament on the bailout agreement passed last week at the...

The new president of the European Central Bank (ECB), Mario Draghi, who took over this position on Monday, from Jean-Claude Trichet, is expected to boost the bank's efforts to battle the Eurozone's debt problem by cutting key refinancing rates in...

The National Authority for the Regulation in the Energy Sector (ANRE) has approved the regulation for the issuing of Green Certificates, which will be issued to renewable energy producers, according to an emergency ordinance recently published by...

With her skirt decently below the knee, on Monday night, the European Union was watching TV and eating popcorn, happy that she had finally managed to patch together a plan to rescue the Eurozone, when Greek Prime Minister George Papandreou...

• Farmers who own tractors are already in the middle of the harvest and do not have the time needed to fill out the applications needed to replace the tractors with new ones 

Starting today, the Central Depository will start offering a new infrastructure for the settlement of financial operations, which use the SWIFT network, the officials of the institution have announced yesterday.

Languages which use their own words for to express the notion of "crisis", are seldom found in Europe, but Hungarian is one such rare language, which expresses the notion of "crisis" through the strange word...

• Ameropa Holding may indirectly take over the plant 

The capital market could represent one of the solutions which would allow private companies to exit the crisis, considers Marcel Bărbuţ, the head of "Adeplast".

Financial independence represents one of the most important objectives of "Romarm", said Vasile Crişan, the managing director of the company: "Through reorganization and the improvement of the economic performance of the company, we...

The crisis - the European context and the newly adopted solutions for rescuing Greece, the consequences which the latter will have for the banking system as well as the solutions which could be adopted to allow Romania to more easily weather the...

The 50% haircut of the sovereign debt will involve "losses" for the banking system which has invested in bonds, but a set of measures which would "restore" on the market was needed, Lucian Croitoru, advisor to the governor of the...

The ambition of the Bucharest Stock Exchange to participate in the privatization of the Bulgarian Stock Exchange operator was expressed by Mr. Valentin Ionescu (ed. note: the CEO of the BSE), in an economic forum in Sofia, in May, said Ivan...

Salaries and pensions need to be kept at the levels they had this year, so the money can go to investments, Gheorghe Ialomiţianu, the minister of Public Finances said on Friday.

NBR governor Mugur Isărescu will attend the "Business behavior in times of crisis" conference, organized by the BURSA newspaper, with the help of the National Bank of Romania.

"Banca Transilvania" (symbol: TLV) made a net profit of 106.90 million lei, in the first nine months of the year, up 53% YOY, according to a press release of the bank.

Romania would find itself faced with "very serious difficulties", because it would not even be able to finance its expenditure budget for this year, if the capital flows coming from the parent banks to their Romanian branches were to...

Between January and August 2011, natural gas producer "Romgaz" Mediaş had a net profit of 677.74 million lei (156.77 million Euros), higher than the figure forecasted for the entire year 2011, and 2.27 times higher than the profit it made...

"Agricola Bacău", one of the biggest Romanian producers of poultry, will invest about three million Euros between 2011 and 2013, into expanding its network of stores across Romania and to remodel the existing ones according to a new concept.

Nokia"s decision to end its operations in Romania surprised many Romanians, just like, at the time, the decision of Nokia to relocate its operations from Germany to Romania sparked the protests of the Germans.

The signs aren"t exactly looking good for the summit of the EU, which was rescheduled twice, to be held today in Brussels, a meeting which is considered crucial for the immediate future of Greece, of the Eurozone, of the European Union, of...

Reporter: How are you affected by the state of Romania"s economy and the context of the sovereign debt crisis in Europe?

All of the leaders of the EU say wacky things at times, but French president Nicolas Sarkozy sure takes the grand prize:

South African investment fund New Europe Property Investments (NEPI) intends to perform an underwritten rights offering which targets all the shareholders of the company, who are looking to raise approximately 40 million Euros.

The airline industry is vital for the economy, and has a high potential for growth, Joaquin Almunia, vice-president of the European Commission and Competition Commissioner said on Friday.

There are suspicions that banks have been manipulating the index of the money market, and investigations on the matter have been launched on a national and European level, Bogdan Chiriţoiu, the president of the Competition Council said on Friday.

The European Commission is reviewing the contracts which "Hidroelectrica" concluded with "Arcelor Mittal" Galaţi and "Alro" Slatina, as well as with some of the retail energy distributors, claiming that they were concluded...

Major excitement in Libya after the capture of former leader Muammar Gadhafi was announced. The announcement was made by a commander of the troops of the National Transition Council, and the information was disseminated by the press in Tripoli.

Violent protests continued yesterday in Greece, a country which has been paralyzed by the second day of the strike which began in protest against the government"s austerity measures, due to pressure from its international creditors.

Negotiations between the European leaders - France and Germany - concerning the solutions to the sovereign debt crisis, and the plan which is set to be adopted at the summit of October 23rd, in Brussels, seem tense.

On November 24th, the shareholders of Prefab Bucureşti will review the proposal of the Board of Directors to take on bank loans of up to 20 million Euros to support its output this year, as well as its investment program for the 2011-2012 period.

The Romanian authorities should streamline the tax collection process, lower the Social Security contributions and the VAT rate, according to the suggestions included in the current edition of the White Book, which was launched yesterday, by the...

Today is Thursday, tomorrow is Friday, the day after tomorrow is Saturday, and on Sunday, the leaders of the European Union, in their reunion in Brussels, are supposed to find the miraculous solution which would end the sovereign debt crisis -...

Bonds issuers in the region are far healthier than those in Western Europe, says Dan Popovici, investment director of OTP Asset Management.

The negative outlook of a potential downgrade of France, which was announced on Monday by Moody"s, seems to be something which the Hexagon has been heading towards, despite any warnings from foreign experts and despite the strong promises of...

The hope that the sovereign debt crisis would be solved at the reunion of the heads of the EU states, one week from now, was shot down by Angela Merkel, German chancellor, whose spokesperson, (Steffen Seibert) said yesterday, in a press...