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18 mai 2012
Radu Gheţea: The Greek banks in Romania are solid

Radu Gheţea: The Greek banks in Romania are solid

ELENA VOINEA (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 18 mai 2012

The ECB: Financing to the Greek bank, temporarily put on hold

Romanian banks in which the Greek shareholders have a controlling interest are solid institutions, Radu Graţian Gheţea, chairman of the Romanian Banking Association said yesterday: "I could see that first hand, by working with the Romanian banks with Greek shareholders".

Eurocopter Romania will present two helicopters - EC 135 and TIGER

BLACK SEA DEFENSE & AEROSPACE 2012Eurocopter Romania will present two helicopters - EC 135 and TIGER

Ovidiu VRÂNCEANU (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 17 mai 2012

Between May 16th and May 18th, Eurocopter România, a joint-venture between the Eurocopter group and IAR Ghimbav, controlled by the Romanian state, will participate in the third edition of the Black Sea Defense & Aerospace 2012 (BSDA) fair, which will be held at Romaero Bucharest and which hosts the most powerful companies in the aeronautical, defense and national and private security sectors.

Nicolae Cinteză

Nicolae Cinteză: I have received no information that the Greek banks have withdrawn money from Romania

ELENA VOINEA (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 17 mai 2012

In just one day, the Greeks have withdrawn over 700 million Euros from bank deposits 

Ilie Şerbănescu claims that the Greek banks can not afford to keep their foreign subsidiaries like they did until now and that they may sell them or abandon them

Florin Georgescu the Minister of Public Finance: "I don't believe we will actually have to use the bridge bank"

The ECB has cut its funding to Greek banks by half

According to talks between Karolos Papoulias, the president of Greece and the leaders of the political parties, quoted by Reuters, the Greeks have withdrawn over 700 million Euros from banks.

Grigore Chiş: "We have asked the BSE to extend the trading schedule until 23:00 hours".

AFTER SIBIU,Dow Jones arrives in Bucharest

ADINA ARDELEANU (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 17 mai 2012

Broker" Cluj launched two structured products based on the American index and is proposing that the schedule of the BSE be extended until 23:00

"Broker" Cluj plans to launch structured products based on a domestic index

Yesterday, SSIF Broker launched two turbo certificates with American index Dow Jones Industrial Average as their underlying support, on the Bucharest Stock Exchange.

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Evenimentele BURSA
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The time bomb

The time bomb

FLORIAN GOLDSTEIN (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 4 mai 2012

The former minister of Finance Bogdan Drăgoi yesterday came on TV to tell us that the Budget has enough money to bring back the wages of the public sector workers to what they were before they were cut by 25%, in an attempt to deny the statements...

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