Anxious to ruin our banking system and our companies, minister of budget Liviu Voinea expressed his wish, in Brussels, as part of the reunion of the Extraordinary Council of ECOFIN, held on Wednesday, December 18th, that the theft of the money...

The CEO of the Bucharest Stock Exchange, Ludwik Sobolewski, stands by his opinion that brokers need to meet stricter requirements for being allowed to participate in the market, after the Association of Brokers, both through president Dan Paul,...

Non-performing loans in the portfolios of our banks could reach a peak of 35% of the total volume of loans, economic analyst Florin Cîţu warns.

The European banking authorities have initially denied the global financial crisis, thinking that the subprime exposures of the American banks will remain confined there.

The victims of "Harinvest" must get their money back quickly, to wash away the shame of the stock market, said Dan Paul, the president of the Association of Brokers and vice-president of the Bucharest Stock Exchange, in an exclusive...

It is official: we are participating in the collapse of the world.

The fight for the exploration of shale gas is moving from the fields to the court rooms, as several local councils from the county of Vaslui have asked for the exploration of shale gas not to take place in their region.

The ASF has levied harsh sanctions against "Harinvest", after discussing, in today's meeting, about the audit of the brokerage firm of Vâlcea, in November.

The investors who lost money and shares at "Harinvest" are extremely angry at the institutions of the stock market - The Financial Oversight Authority, the Bucharest Stock Exchange and the Central Depository, and don't want to hear...

The domestic defense industry can be revived, if a series of measures intended to lead to increased competitiveness and efficiency are considered, says Aurel Cazacu, general manager at Criabo Defense&Security.

The case of "Harinvest", the brokerage firm which was suspended for three months, because it did not have the money to settle some trades, is proving a lot more serious then it initially appeared.

We've made the Israelis happy.

The "BURSA" newspaper won two awards at the twelfth edition of the "Stock Market Gala of 2013", held by the Association of Brokers last week, at the Bucharest World Trade Center.

The bonds of "Romenergo" which SIF1 Banat-Crişana bought this summer will become part of the patrimony of "Industrial Energy", a company which will be created after the split-up of "Romenergo", which was approved by the...

Last night, president Traian Băsescu put on his boots and trampled all over the shoes of his political opponents, who had laid them out to wait for presents for Saint Nicholas, and who got direct attacks instead. Many people are saying that the...

The stock market seems to have had a better year than the previous ones, considering that the state eventually kept its word and it listed the companies it had in its portfolio.

For our stock market, this year was one of reform, said Remus Vulpescu, the chief of cabinet of the Minister of Public Finance.

The EUR/RON exchange rate seems to have been used again as a political weapon in a confrontation between president Traian Băsescu and the government led by Victor Ponta, according to some opinions expressed under the protection of anonymousness...

Had what prime-minister Victor Ponta - that we will have an economic growth of 2.7% this year, the highest in the EU, that we have the greatest GDP in history and the lowest deficit since the accession to the EU and that we have a far higher rate...

• Update 14:01 Ponta and Băsescu meeting today at 17:00 

The representatives of the National Bank of Romania (NBR) did not attend the reunions of the Supervisory Board of the European Banking Authority (EBA), for almost a year, according to the documents drafted at the end of each of those meetings.

Prior to the conference "The role of banks in the restructuring of companies" I wrote that it was "too late for the restructuring of bank loans". Unfortunately, it was only after I participated in the debates that I realized that...

The Financial Overnight Authority has suspended the operating license of "Harinvest" for 90 days, because the brokerage firm did not have sufficient funds to settle some transactions, and the Central Depository had to intervene through...

The new fiscal measures proposed by the government are likely to distort the market mechanisms, to increase the fiscal burden, which will be reflected at the level of every taxpayer, and are completely inadequate at the end of a major rewriting...

Today, the BURSA newspaper is organizing the third conference with the topic "The Role of banks in the restructuring of companies". The agenda of the conference is comprehensive and it is trying to answer some questions of major current...

Banks are more exchange houses than lenders, says businessman Ioan Niculae, the president of the Union the Council of Romanian Investors, who says that in the last few years, the relationship between banks and companies has "devolved".

The vice-president of the ASF, Mircea Ursache said he would propose to the Parliament the hiking of the holding limit for the stock exchange to 32.99%, up from its current level of 5%.

The violation of ethical principles by bankers was one of the main factors that led to the global crisis, meaning that the introduction of new rules and regulations will not be enough for a safer banking system, Henk Paardekooper, the CEO of RBS...

The commercial exchanges between Romania and China are shameful for Romania, says Mihai Ionescu, the secretary general of the Romanian National Association of Exporters and Importers (ANEIR), who said: "They sell us devices they manufacture...

The Businesspeople Forum of the China- South Central and Eastern Europe (ECE) was overflowing with optimism yesterday, leaving the impression that we would soon be swarmed with Chinese investments.

The receivers of Oltchim (Rominsolv and BDO Business Restructuring) yesterday night signed a letter of intention with the officials of Baota Petrochemical Group and Junlun Petroleum for the participation of the consortium of Chinese companies in...

The continuous deterioration of the loan portfolios have caused several banks to set up special divisions in charge of restructuring problematic loans, a tendency which is making itself felt in Romania as well.

"Franklin Templeton" will remain in charge at the Proprietatea Fund, for a new two year term, but from now on, there will be a sword hanging above its head.

A number of 22 trains (20 of CFR Călători, one of CFR Marfă and one from Transferoviar Grup) were held last weekend in the railway stations, being temporarily restricted from using the infrastructure, as they had not paid their infrastructure...

The accounts of the National Authority for the Restitution of Properties (ANRP) were frozen this week, Mr. George Băeşu, the president of the institution said. Thus, an assignee from Cluj has successfully garnished, for almost 2 million lei, the...

The Central Depository was forced to use 500,000 Euros, half of the Guarantee Fund it manages, after brokerage firm "Harinvest" did not have the money needed to settle some trades involving structured products issued by Erste Group.

The IPO of Romgaz has split the Romanian stock market down the middle. An important part of the market community considers the IPO a success.

Nicolae Cinteză, (ed: note: cinteză - chaffinch) the head of the oversight department of the Romanian National Bank (BNR), will appear, on December 9th, before the subcommission in charge of investigating if the activity of CEC Bank was in...

Romania has pledged to the European Union, to have renewable energy (obtained using wind, sun, water, biomass and biogas) reach a weight of 24% of the total gross national consumption, in 2020.

The SIFs are the ones that have the most to lose following the changes in the management of Sibex, says Mihai Fercală, the executive chairman of SIF3 Transilvania, after Dan Simionescu, who had been backed by SIF3, was dismissed from the position...