Vîntu and Luca were arrested for playing "pass the potato" with money, although the amounts involved were definitely something - the 328 million Euros which Petromservice got following the contract to sell the oil operations and the...

The report of the International Atomic Energy Agency (IAEA) sets the framework for the passing of strict measures of the UN against Iran, without excluding the possibility of a military intervention.

All the signals point to a process of disintermediation for the financing of local branches of by the parent-banks which is inherent, Mugur Isărescu, governor of the National Bank of Romania (NBR) said yesterday, at the annual conference of the...

The Romanian Central Depository might connect to its Bulgarian peer within two or three months, Ivan Dimov, the head of the latter said yesterday, after a Bulgarian company expressed its intention to get listed on the Romanian stock Exchange.

Investors were pleased with the news that the Budget and Finances Commission of the Chamber of Deputies voted in favor of raising the holding limit in the SIFs, on Monday night, and pushed the price of the SIFs to rise about 10% in the first part...

Christianity has approximately 2.2 billion followers, almost one third of the population of the globe, being the largest religious community in the world.

"The world situation requires the concerted effort of everyone, a thorough examination of every facet of the problem - social, economic, cultural and spiritual.

The Ministry of the Economy, Trade and Business Environment has rejected the proposal of SIF Transilvania to assign shares it owns in various companies in exchange for the shares which the SIF owns in IAR Ghimbav.

The world is changing.

The dubious relationships between the European Union and democracy must have played a part in yesterday"s announcement of the imminent resignation of Greek PM Giorgios Papandreou, a resignation which was later denied in a piece of news...

The position of director which SIF Moldova announced has so far sparked the interest of seven people in the industry, but the company will be accepting applications until today, 16:00.

Greek Prime Minister George Papandreou yesterday said he would be willing to abandon the controversial plan to hold a referendum on the second tranche of the foreign bailout of Greece, on whether it would leave the Eurozone, said Los Angeles Times.

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...