English Section

8 martie 2012
The BSE and Sibex say that they will align to the European directives

THE LOCAL EXCHANGES ADMIT THEIR PROBLEMSThe BSE and Sibex say that they will align to the European directives

CRĂIŢA SIMIONESCU (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 7 martie 2012

The representatives of the two domestic exchanges, of Bucharest and Sibiu, told us that they will comply with the European directives, after Gabriela Anghelache, the president of the National Securities Commission (CNVM), told us, in an interview, that "deal" trades on the BSE and the "Iceberg" orders on Sibex do not comply with the MiFID (the Directive for the Financial Instruments Market).

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"The measures of the authorities only led to a rise in tax evasion"

THE GAMBLING INDUSTRY - MICHELLE LEE CUMMINS, GENERAL MANAGER OF CASINOS AUSTRIA INTERNATIONAL (BUCHAREST AND GLASGOW) AND THE PRESIDENT OF THE ROMANIAN ASSOCIATION OF CASINOS:"The measures of the authorities only led to a rise in tax evasion"

. (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 23 februarie 2012

Complicated regulations, an unfair taxation system and the rise of the underground gambling market are obstacles to the development of the gambling industry in Romania, considers Mrs. Michelle Lee Cummins, General Manager of Casinos Austria...

Oil reaches a nine-month high

ALINA VASIESCU (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 20 februarie 2012

On Friday, the price of crude rose to a9-month high on the energy exchange in New York, amid the first signs of improvement of the American economy and of the optimism concerning the second bailout package for Greece.

A character represents Iranian president Mahmoud Ahmadinejad destroying the headquarters of the United Nations with an atomic bomb, during the final preparations for a carnival which is taking place this week in Köln, Germany.

PLAYING "HIDE THE NEWS"The price of oil gains 1%

ALINA VASIESCU (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 16 februarie 2012

Oil prices rose yesterday, on the London and New York Exchanges, after a press agency of Iran announced that the country cancelled its oil deliveries to six EU member states, and the US Department of Energy said that American oil inventories fell.

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