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5 noiembrie 2013
Romania will take Hidroelectrica, Electrica and the Oltenia Energy Complex public in 2014

HARSH NEGOTIATIONS BETWEEN THE SOCIAL DEMOCRATS (PSD) - LIBERALS (PNL) - IMFRomania will take Hidroelectrica, Electrica and the Oltenia Energy Complex public in 2014

IOANA POPA (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 5 noiembrie 2013

The government has pledged to the international financial institutions to take 15% of Hidroelectrica public, and 51% of Electrica in May-June 2014, and a stake in the Oltenia Energy Complex in Q4 2014.

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Update 12:26 Schaechter: "The authorities have clearly said that there are no intentions to raise the flat tax rate"

The head of the IMF mission, Andrea Schaechter, said that the options proposed by the experts of the Fund included the increasing the flat tax rate, but this issue was not negotiated from the beginning, because there was common knowledge that the Government did not support this measure.

The photo to the left was taken by Mediafax and has appeared again in many publications: in the foreground, commissioner Traian Berbeceanu, escorted by policemen, in the high court of Cassation and Justice; in the background, a man that looks like Horaţiu Potra.To the right of the photo, we present the blown-up part of the photo, to allow comparison with the portrait of Horaţiu Potra, who is on the last photo to the right.

JUSTICE WIHOUT ITS BLINDFOLDThe dilemmas of the settling of scores in the Berbeceanu case

MAKE (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 4 noiembrie 2013

DILLEMA No. 1: IS IT POTRA IN THE PICTURE OR NOT? 

In a photo taken on October 30th, Horaţiu Potra, the head of the Association of the Former Romanian Members of the Foreign Legion (RALF) or someone who looks strikingly like him, appears behind the policemen escorting commissioner Traian Berbeceanu, to the High Court of Cassation and Justice.

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Dan Voiculescu "reloaded" at Oltchim

Dan Voiculescu "reloaded" at Oltchim

ALINA TOMA VEREHA (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 24 octombrie 2013

Dan Voiculescu, the founder of the Conservative Party (PC), is a name which is being mentioned again in connection with Oltchim, at a time when the authorities are preparing for a new attempt to privatize the company, this time through the...

"I blame the Ministry of Agriculture for the fact that we don't have a national rural development program"

THE "PROFITABLE AGRI-BUSINESS" CONFERENCE / ADRIAN RĂDULESCU, PRESIDENTIAL ADVISOR:"I blame the Ministry of Agriculture for the fact that we don't have a national rural development program"

A.V. (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 17 octombrie 2013

The new common agricultural policy is set to come into effect next year, and Romania doesn't have a program for national development, according to the statements of presidential advisor Adrian Rădulescu, who thinks that the blame for this...

"The subsidy for milk will bring into the economic circuit large quantities of milk that are undeclared"

THE "PROFITABLE AGRI-BUSINESS" CONFERENCE / DORIN COJOCARU, APRIL:"The subsidy for milk will bring into the economic circuit large quantities of milk that are undeclared"

A.O. (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 17 octombrie 2013

Romania produces at least 4 million liters of milk each year, but very large quantities of milk do not enter the economic circuit, according to the president of the Romanian Professional Association of the Milk Industry (APRIL), Dorin Cojocaru.

Steinmetz, Silberstein and Truică partner with Novomatic to take the slot machines away from the Greeks

SOURCES, ABOUT THE SITUATION AT THE ROMANIAN LOTTERY:Steinmetz, Silberstein and Truică partner with Novomatic to take the slot machines away from the Greeks

Emilia Olescu (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 30 septembrie 2013

Two of the contracts considered as unprofitable, concluded by the Romanian Lottery with the Intracom-Intralot-Lotrom group of Greek companies are generating extreme interest, because their expiration is getting near. The question arises whether...

Cypriot prosecutor: "Critical point" in the investigation of the acquisition of the stake of 9.7% of BT by Bank of Cyprus

THE INFORMATION PUBLISHED IN BURSA IN APRIL 2013, TAKEN UP AGAIN BY THE CYPRIOT PARLIAMENT IN SEPTEMBERCypriot prosecutor: "Critical point" in the investigation of the acquisition of the stake of 9.7% of BT by Bank of Cyprus

VERONICA PLĂCINTESCU (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 26 septembrie 2013

The investigation of the authorities concerning the circumstances behind the acquisitions of a block of shares of 9.7% of Banca Transilvania by Bank of Cyprus has reached a "critical point", said in the beginning of this week, the deputy...

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