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21 noiembrie 2011
The BSE: Who's replacing who?

THE ŢEPEŞ AFFAIR BLOWS UPThe BSE: Who's replacing who?

MAKE (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 18 noiembrie 2011

Valentin Ionescu has come to the end of his term as a general manager of the Bucharest Stock Exchange (BSE), following yesterday's decision of the Board of the Exchange, which, unusually, met for the second time in a week, just three days after Monday's meeting, when, according to the Communiqué, a review of the "financial and operating results for the first ten months" and of certain aspects of the activities of the Executive had been conducted.

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Deloitte: Investor confidence nose dives

C.P. (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 16 noiembrie 2011

The confidence of investment funds in the Central European region has deteriorated between April and October at the quickest pace since the launch of the Deloitte Central Europe Private Equity Confidence Index bi-monthly report in 2003, according...

Emil Boc said: "We can conclude that Romania had four consecutive quarters of economic growth, namely the last quarter of 2010 and the first three of 2011".

Romania's economy grew 4.4% in Q3 2011 YOY

ELENA VOINEA (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 16 noiembrie 2011

The GDP increased in Q3 2011 by 1.9% (in real terms), compared to the previous quarter, whereas compared to the same period of 2010 the advance was 4.4% (gross series), according to the latest estimates of the National Statistics Institute (INS).

Rumors boost SIF shares again

Rumors boost SIF shares again

CRĂIŢA SIMIONESCU (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 16 noiembrie 2011

The holding limit in the SIFs may be raised from 1% to 5% next week, in a parliamentary session, after the draft law was validated by the Budget and Finance Commission of the Chamber of Deputies, last week.

Business of VAE Apcarom increased 26%

Ovidiu VRÂNCEANU (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 11 noiembrie 2011

Business of VAE Apcarom Buzău, specializing in rolling stock, increased 26% in the first nine months of this year, from 51.6 million lei to 65.1 million lei, whereas the company's net profit climbed 8%, from 4.8 million lei to 5.2 million lei.

Nicolas Sarkozy and Ronald Lauder

Sarkozy, Lauder and the "Romanian salute"

IOANA POPA (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 11 noiembrie 2011

On Wednesday, French president Nicolas Sarkozy received the visit of the president of the World's Jewish Congress, Ronald Lauder, and of the Representative Council of French Jewish Institutions (CRIF), Richard Prasquier.

The Romanian Central Depository might connect to its Bulgarian peer within two to three months

AT LEAST ONE BULGARIAN ISSUER WANTS TO GET LISTED ON THE BUCHAREST STOCK EXCHANGEThe Romanian Central Depository might connect to its Bulgarian peer within two to three months

Adina Ardeleanu (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 9 noiembrie 2011

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.

No biggie: the crisis killed democracy

GREECENo biggie: the crisis killed democracy

MAKE (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 4 noiembrie 2011

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...

GREECEPlaying games with the referendum

V.R. (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 4 noiembrie 2011

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.

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