English Section

The Ministry of the Economy has not halted the process for the selection of the professional managers for Hidroelectrica, even though the company entered insolvency, said Remus Vulpescu, the head of the Office For The State's Interests and...

• Remus Borza: Some banks are acting hypocritical in their relationship with "Hidroelectrica"  

Adrian Năstase was the professor who supervised the PhD thesis of Victor Ponta.

• Remus Borza: Some banks are acting hypocritical in their relationship with "Hidroelectrica"  

The insolvency of "Hidroelectrica" and the amendments pertaining to the labor legislation and the fiscal system present uncertainties for investors, considers Steven van Groningen, the CEO of Raiffeisen Bank Romania.

The voluntaryism of the prime minister and of the president (a character trait they share) turns the people of Romania into a collateral victim.

• Interview with Mr. Claudiu Doltu, state secretary in the Ministry of Finance 

I have two possible explanations for yesterday's speech by PM Victor Ponta, who, upon hearing that president Traian Băsescu was confirmed by the Constitutional Court as the representative of Romania for the European reunion in Brussels, said:...

• Interview with Mr. Claudiu Doltu, state secretary in the Ministry of Finance 

"Ameropa Holding" has come to own 96.43% of the shares of "Azomureş" (symbol: AZO), following the public takeover bid which expired yesterday, exceeding the 95% threshold which allows it to legally request that the company be...

• The London-based Romanian is in advanced negotiations to become the general manager of the BSE  

Suicide is a protest against the world, in every case, even when the person suicidal person does it so their heirs can collect on the life insurance policy.

But what does it matter to you what the president says, Mr. Ponta?!

• Interview with his Excellency, Mr. Oleg S. Malginov, 

• Banks going up hat in hand to the Ministry of the Economy 

We hear from Victor Ponta that he will leave Traian Băsescu at home and that the Minister of Foreign Affairs has informed the European Commission in Brussels, about the structure of our mission, which includes himself - prime-minister Victor...

• Interview with Niculae Idu, the head of the Representative Office of the European Commission in Romania 

Yesterday, a definitive ruling was rendered by which former PM Adrian Năstase was sentenced to serve two years in prison by the High Court of Cassation and Justice (ICCJ), in the "Quality trophy" case, where he was being charged in...

Calling the media "the fourth estate" is insulting, because it works to keep the citizens informed, and to crystallize the public opinion based on which the population makes decisions, as an expression of its power; the power of the...

Over the last two days, the filing for insolvency of the biggest Romanian electricity producer, which was going to be the first company with private management and also to sell some of its stock on the BSE, has lit up the media, as it gets...

• Minister Lucian Isar: "Technically speaking, the privatization of Hidroelectrica still stands"  

Law firm "Duţescu şi Asociaţii" has asked the CNVM to initiate an emergency probe of the potential market abuse committed in relation to the shares of the Proprietatea Fund, by people who had knowledge of that Hidroelectrica S.A. would...

Taken completely by surprise, yesterday, our entire energy market was turned upside down by the news that "Hidroelectrica" has filed for insolvency last weekend in the Court of Bucharest. The Minister of the Economy had the following to...

The Bucharest Stock Exchange is adjusting the rules concerning the trading of structured products, after the National Securities Commission (CNVM), approved the modification of the Code of the Exchange last Tuesday.

The Ponta government seems to have found a solution to get rid of the direct contracts between Hidroelectrica and "the clever boys" in the energy sector. Thus, Hidroelectrica has files for its insolvency with the Court of Bucharest...

Crédit Agricole has signed the agreement to acquire Emporiki Bank Romania, from Emporiki Bank Greece, which fully owns the Romanian subsidiary, with the operation being subjected to the approval of the National Bank of Romania, according to a...

The unionists of the Făgăraş Gunpowder Plant have stopped their protests, after Romarm paid some of the outstanding amounts to the employees of the plant.

• The Proprietatea Fund announces the payment of dividends, according to schedule 

The Insurance Oversight Commission (CSA) may start levying far harsher sanctions against insurance companies, such as suspending their activities, considering the increasing number of complaints submitted by policy holders with the Commission,...

In September, the European Commission intends to launch a new industrial policy, focused on innovation, which would help its member states exit the crisis.

• Adrian Lupşan, BVB: "Let's let people who know how to do business on the stock market do their job"  

The stealing of votes is a generalized symptom, shared by all the political parties and spanning the entire country, so yesterday's elections do not illustrate the preferences of the voters, but rather how effective the stealing methods of...

• The yield of Spanish bonds is rising again 

Last week, the European Commission (EC) proposed several measures for the recovery and the resolution of the crises in the banking system.

The methods for rigging the elections are divided into two major categories:

At the end of April, the Economic Competitiveness Sectoral Operational Program (POS CCE) had an absorption rate of 6.44% and a contracting ratio of 50%.

• Interview with Mr. Radu Graţian Gheţea, the president of CEC Bank 

The estimated absorption rate for this year, for the funds attracted through the Technical Assistance Operational Program (POAT) is about 25-30%, according to Livia Chiriţă, the head of the Agency for the Oversight of the POAT: "Considering...