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16 iulie 2012
Banca Italo Romena will focus on the SME segment

Banca Italo Romena will focus on the SME segment

Raluca Marin (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 13 iulie 2012

The strategy of the Romanian Italian Bank (BIR) will focus on Romanian and Italian Small and Medium Enterprises (SMEs) alike, and on the network which they interact with (consulting firms and the consulting firms and liberal professions practitioners), the new management team of the bank announced yesterday, on the first meeting with the press since the appointment of the new CEO, Paolo Mariani.

Ponta backs off on the discussions in Brussels

IN THE CASE OF THE LAW ON THE REFERENDUM,Ponta backs off on the discussions in Brussels

VLAD F. DUMEA (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 13 iulie 2012

Seriously spanked in Brussels, prime Minister Victor Ponta announced on Wednesday night that the referendum concerning the dismissal of the president will take place according to the decision of the Constitutional Court - which involves the obligation of the quorum of 50% + 1 voter being met - even though there were hints that it would be ignored.

"The Romanian lawmakers could propose a law which would set things in order, when it comes to the Government Ordinance 50/2010", Gheorghe Piperea said.

THE COURT OF JUSTICE OF THE EUROPEAN UNION:The banks' customers are the ones who are right, not the NBR and the IMF

VIVIANI MIRICĂ (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 13 iulie 2012

The ordinance which caps fees would have been applicable to ongoing loans as well, according to the Court of Justice of the European Union 

Gheorghe Piperea: "The government should correct the law"

The representatives of the Court of Justice of the European Union yesterday ruled that the Emergency Government Ordinance no. 50/2010 concerning retail lending could have been applied to ongoing loans as well, not just to future ones, like it was stipulated in the law which was passed in its final form by the Chamber of Deputies, at the end of 2010.

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The hit song of the day: "The magistrates are criminals/ the commissioner is an offender"

HEADS ARE ROLLING AT THE SUPREME MAGISTRATES COUNCIL AND THE MINISTRY OF INTERNAL AFFAIRSThe hit song of the day: "The magistrates are criminals/ the commissioner is an offender"

F.G. (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 12 iulie 2012

At the High Council of Justice - prosecutor George Bălan and magistrate Marcel Sâmpetru and commissioner Vlad Adrian Mihai of the Internal Intelligence and Protection Service (SIPI) of Ilfov - , accused of influence peddling and disclosure of...  

The crash?

The crash?

MAKE (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 6 iulie 2012

The speed at which the USL is dealing blows to Băsescu is not just part of the technique for taking over power, but also signals a sense of urgency, which is no longer discernable through the dust kicked up by the movements of the armies.

See how happy they are?!

Băsescu's bullhorn

MAKE (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 28 iunie 2012

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:...

We are a great country

We are a great country

MAKE (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 22 iunie 2012

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...

The press is not the fourth estate

The press is not the fourth estate

MAKE (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 20 iunie 2012

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...

Incoherent babbling in the Hidroelectrica case

Incoherent babbling in the Hidroelectrica case

EMILIA OLESCU (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 20 iunie 2012

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...

Crédit Agricole acquires Emporiki Bank Romania

Crédit Agricole acquires Emporiki Bank Romania

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

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...

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