The Romanian banking environment is under no circumstances in a state of vulnerability, according to economist Ionuţ Dumitru, president of the Fiscal Council.

The European Central Bank (ECB) and the European Banking Authority (ABE) yesterday published the results of the stress tests that 123 European banks were subjected to.

Anonymous sources have been feeding the rumor mill around the stress tests conducted on banks of systemic importance in Europe. The most pessimistic estimate, according to which 18 banks will not pass the test, came from the banking expert of...

At least 11 European banks will not pass the stress tests conducted by the European Central Bank (ECB) out of about 130 lenders in the region, announces Spanish agency EFE, quoting anonymous banking sources.

Rumor has it that the United States have allowed our judges and prosecutors to express their independence.

Farmers in the European union have suffered losses of 5.1 billion Euros following the embargo imposed by the Russian Federation, MEP Laurenţiu Rebega told us. He also said that so far, the Ministry of Agriculture has not calculated the losses...

Agriculture has extraordinary energy reserves, such as biodiesel, which, in the future, will be able to eliminate the dependency on diesel oil, said Cristian Pârvan, the secretary general of the Association of Romanian Businesspeople (AOAR). In...

Stupidity is contagious

The directorate of SIF3 Transilvania sent a letter to its shareholders explaining the items on the agenda of the shareholder meeting scheduled for October 20th/21st, submitted by Constantin Frăţilă, who owns 5% of the company together with other...

Luck seems to have smiled down on Ludwik Sobolewski, in his first year as CEO of the BSE: the government helped him with IPOs, the Financial Oversight Authority with changes in the secondary legislation and fee cuts, and the Parliament, by...

Many beneficiaries whose projects were approved between 2008-2010 were unable to complete the contracts financed using the European grants, said Ramona Ivan, the head of the Foreign Relations and Structural Financing Department of CEC Bank.

The institutions of the state must take concrete measures to protect farmers from harmful foreign factors, such as the embargo imposed by Russia, which can affect their activity and output, said Alex Jurconi, the president of the PRO AGRO...

Banks are still charging a high interest rate on loans taken out for agricultural projects (5.5-6%), farmer Adrian Rădulescu said.

The "BURSA" newspaper and the "Millenium" Financial Training Center have celebrated the anniversary of 20 years of oversight of the stock market, in the Parliament's palace, a festivity which the guests considered as classy...

In the very near future, the Romanian Authorities can and should take more steps to help agriculture and significantly reduce tax evasion in the sector, said Nadia Crişan, the president of Agriculture Task Force of the Coalition for Romania's...

The Court of Bucharest recently ruled that the former president of Bancorex, Răzvan Temeşan (ex lege the current employee on the equivalent position of CEO of BCR, according to the ruling no. 51 of the High Court of Cassation and Justice), must...

The trading of grains on the exchange, in a transparent environment, represents a solution for the current needs of the agricultural market, said Alexandru Coita, director of strategy with the Romanian Commodities Exchange (BRM). "The...

Romania's consumption of food is facing the lowest consumption in Europe, says Sorin Minea, the president of the Professional Association of the Romanian Food Industry (Romalimenta).

PDL Dan Cristian Popescu is a stock market investor, who owns the investment fund DCP Investiţii, which in just one year since its launch, has achieved an annualized gain of 27%.

The elimination of the milk quota starting next year, combined with the major stocks of powdered milk already existing in Europe, will lead to a drop in the number of sheep and bovines in Romania, said Dorin Cojocaru, the president of the...

The cut of the social security contributions is only good if no other taxes are raised to offset it, says Lucian Croitoru, advisor to the Governor of the Central Bank of Romania, Mugur Isărescu.

The Hungarian government has supported the idea of equal burden sharing, recognizing that the citizens of Hungary cannot be taxed any further, while financial institutions and multinationals companies extract huge profits from the country, said...

Raiffeisen Bank reacted to the article published yesterday in BURSA, titled «Piperea: "Raiffeisen accepts the conversion of some loans denominated in Swiss francs at the exchange rate valid at the time they were...

Raiffeisen Bank agrees to the conversion in lei of the loans denominated in Swiss Francs (CHF), in the case of the 250 cases currently on trial, filed by the borrowers against the bank, lawyer Gheorghe Piperea, who represents the borrowers, told us.

The analyst says that the national interest and the national security objectives are being cheapened through the media circus surrounding the recently disclosed undercover agent, and that the intelligence services are being unwillingly used to...

The conflict between Laurenţiu Postovaru, who indirectly controls 50% of the shares of "Bucur Obor" (BUCU), and Gelu Manea, who has led the company lately, has escalated, after the representatives of "Amadeus Group",...

Is this what a secret agent looks like?

The Party of Social Justice (PDS) yesterday notified the Central Electoral Bureau (BEC) that it would submit this morning the candidacy of Teodor Meleşcanu for the presidential elections, according to the spokesperson of the BEC, Marian Muhuleţ....

When a country is poor and affected by corruption, its markets don't have credibility among retail investors, and as a result, individuals place their savings in liquid investments, says Andre Cappon, the president of consulting firm "The...

The Romanian capital market urgently needs a central counterparty, as we are one of the few European markets that don't have such an entity, says Cristian Agalopol, the president of the Central Depository.

The National Bank of Romania (BNR) is supporting the Bucharest Stock Exchange (BVB) in the process which will help raise the rating of our capital market "from frontier market" to "emerging market", says Mr. Valentin Lazea,...

The BSE must show transparency and publish the changes in the organizational chart and the earnings of the CEO, said Dan Paul, the president of the Association of Brokers.

The delegate minister for Energy, Răzvan Nicolescu, warned companies in the energy sector, which have an interest in an increase of the price of natural gas paid by the population to reduce or even eliminate their lobby actions in Brussels.

The partnership between the derivatives exchange in Sibiu - Sibex - and the Athens Exchange (ATHEX Exchange Group - Athex) will be implemented in November, according to Mr. Dimitris Karaiskakis, director of operations of Athens Exchange SA.

Adrian Lupşan, development director at Certinvest, emphasized the need for a market for private bonds, followed by the creation of platforms for the trading of such bonds, following the success examples of other markets, such as Germany, Italy...

In the third edition of the "Financing Through The Stock Market" conference, Ludwik Sobolewski, the CEO of the Bucharest Stock Exchange said that the Romanian Stock market is still ineffective. According to him, there are still companies...

The directorate of SIF3 Transilvania claims that shareholder Constantin Frăţilă is getting ready for a hostile takeover of SIF3, in a press release that advises shareholders to reject his proposals, which will be brought up for discussion in the...

The Romanian energy sector needs significant investments, according to Mr. Frank Hajdinjak, the CEO of E.ON Romania, who says that the company he leads is proceeding with its investment plan in the electricity and gas distribution network, which...

Romania has coal reserves for another 30-40 years, but we have a low quality lignite, which isn't profitable to process, says Laurenţiu Ciurel, executive CEO of the Oltenia Energy Complex, who warned that the company is having serious trouble...

Romania needs an urgent energy strategy, but before it gets completed, several documents should be drafted, including an industrial strategy and one for competitiveness, says Silvia Vlăsceanu, the executive director of the Federation of the...

Countries in South-Eastern Europe are on schedule with the creation of the regional exchange, and it will become operational by the end of the year, as announced by Mirela Săndulescu, the head of the Strategic Cooperation Department of the OPCOM,...

The Alliance of the North-Atlantic and Romania's Western partners have become aware, once the conflict in Ukraine began, of the importance of the "Eastern flank", which Romania is also a part of, Mr. Adrian Cioroianu, dean of the...