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The Greek authorities have yesterday made the commitment to make reforms in the fiscal sector and of the pension system, "starting next week", and in return asking for a three-year loan from the European Stability Mechanism (ESM),...

Who benefits from the Greeks' vote on Sunday and how? Who gains what? Perhaps it wouldn't be meaningless to even ask ourselves who wins or who loses.

Even though the NBR assures citizens that their deposits are safe, some politicians' statements could create panic among depositors, which would lead to massive withdrawals from banks.

Finance ministers in the Eurozone (Eurogroup) are waiting for new reform proposals for from Athens, but the result of the recent referendum in Greece will make negotiations difficult, says Jeroen Dijsselbloem, the president of the Eurogroup, who...

The "no" vote in the Greek referendum seems to have brought about even more uncertainty concerning the country's future, analysts say, and they present various scenarios, from new negotiations with the international creditors and...

The mind-numbing argument against the organization of the Referendum in Greece, invokes the fact that people are not familiar with the subtle technique of finance and of the banking system, an argument which naturally originates from the European...

All of Europe is concerned over Greece's possible default, save for Romanian politicians. They are more interested in increasing the special salaries and pensions, the issues that Ponta has in the PSD, by Oprea's plagiarism or by the...

Calling the Greeks "lazy", is a situation similar to the one in the joke about Soviet sailors who had become ship wrecked on an island and would rape the female cook all night, and in the morning they would write her up for being a whore.

Nothing of what is happening today in Greece was unpredictable.

Government support remains vital for the Bucharest Stock Exchange, which doesn't seem to be able to do much on its own.

The threats and mutual accusations between Greece and its creditors happened so fast last week, that even the internet couldn't keep up.

The representatives of the Warsaw Stock Exchange maintain their recently announced strategy, which claims that Warsaw Stock Exchage (WSE) wants to attract an increasing number of companies from the Central and Eastern Europe.

The fantastic ambition of ASF president Mişu Negriţoiu to make the government's bond issue known even to sheepherders in the mountains nevertheless didn't even help him reach the farmers selling their produce in the center of Bucharest.

The National Bank of Romania (BNR) is getting ready to suspend the voting rights that Greek banks have as shareholders of some of the Romanian banks, if the former defaulted, according to Nicolae Cinteză, the head of the Financial Oversight...

Two weeks ago, OTP Bank România has launched a pilot program to cut the loan installments of CHF borrowers, CEO Laszlo Diosi told us in an interview he gave us in Budapest.

Without the involvement of the local banks, the economy can not grow, says Tomas Spurny, CEO of the Romanian Commercial Bank (BCR).

After three years of working on restructuring, Tomas Spurny, the CEO of the Romanian Commercial Bank wants to show that the bank has switched to a new philosophy.

The European Commission has approved a financial contribution of 83 million Euros from the Cohesion fund to the major project "The expansion of the Subway line no. 4, the Parc Bazilescu - Străuleşti section", which is part of the...

Today, in Brussels, the European Commission is hosting the first public debate on the project to create the Capital Markets Union, after 400 notes have been sent in during the preliminary consultations, including from Romania.

The Romanian authorities want Romania to enter the Eurozone, but they are not capable of transposing the provisions of the European legislation into ours, and when they do, they do it incorrectly, says Nicolae Cinteză, the head of the oversight...

2019 could be the year when smaller stock exchanges in the European Union, a category which also includes the Bucharest Stock Exchange, will be officially swallowed by stronger ones, if the European Commission sticks to its plan and succeeds in...

The law of cybersecurity is likely to be passed this year, deputy Georgian Pop, president of the Commission for the audit of the activity of the SRI, says.

Hardly had the dust settled at the Central Depository, after the installation of the new management - in two stages -, that its majority shareholder the Bucharest Stock Exchange (BVB) put its foot in it and has rejected, in the General...

The first three lawsuits declined from a collective brief which was severed by the courts, concerning the abusive lending terms, have been won by the borrowers, against Volksbank, according to lawyer Adrian Cuculiş.

The persistence of the financial crisis in Europe, especially when it comes to the national budgets, has led to an increase in the importance of gold in the international reserves. Furthermore, data of the last two years show the consolidation of...

Reporter: What is your opinion on cyber security in Romania?

The current case of the defrauding of the BRD, of almost 44 million Euros, is severed from the famous banking case, opened by the DIICOT in 2012, wherein 56 employees were indicted. In that case, several big names were heard, including Gheorghe...

Polish authorities seem determined to help customers that have CHF loans and to force the banks to share part of the burden.

The EU is increasingly weaker and it is becoming impossible to control the processes that are taking place on its territory, informs Sputnik International, which states that Europe will become a playground for the US and Russia, which are trying...

Transcarpat Sportours International SRL, which does weapons related business, has sent a petition to the Abuse Commission of the Chamber of Deputies, in which it complains about "a superficial attitude" of the Parliamentary Commission of...

South African investment fund New Europe Property Investments (NEPI) yesterday chose to open the doors of Mega Mall in the National Arena area of Bucharest, among workers, scaffolds and dust, which is unusual for a project which wants to be seen...

A framework agreement on the final agreement with the Iranian nuclear program was obtained in the beginning of April, following marathon negotiations.

The evolution of the Euro has messed up the plans of the Mayoralty of Bucharest, which has refinanced in lei a loan made in Euros, precisely to escape the currency risk.

Austerity policies, associated with the debt crisis unfairly weigh on the poor, cardinal Oscar Andres Rodriguez Maradiaga recently said, in an interview with Bloomberg, the closest advisor to Pope Francis.

The elimination of the Rasdaq and the transfer of the issuers to other markets are opportunities for the Bucharest Stock Exchange (BSE) to avoid the rules or to construe them as it suits it, along the lines of "we'll work something out".

Reporter: In the report about Romania, recently published, the International Monetary Fund states: "The legal risks remain a major problem for the banking system.

Women that truly want to change the society we live in should not mistake gender equality for patriarchy, said her Excellency Thenjiwe Ethel Mtintso, South Africa's ambassador in Romania, at the third edition of the Female Entrepreneurship...

Iran has requested a cooperation with Russia, India and China to counter NATO's military expansion plans in Europe, said Iranian Defense minister Hossein Dehghan, said yesterday in Moscow.

The Hunedoara energy complex needs a deep restructuring to be able to survive on the domestic energy market under competitive conditions, Gert-Jan Koopman, deputy general director in the State Aid Department of the European Commission.

The European Central Bank has announced banks that have exposure to Heta Asset Resolution (HAR) the recommendation to wipe at least 50% of the value of the amounts they lent to the institution.

On the table of Mario Draghi, the president of the European Central Bank (ECB), jumped a blonde lady, during the press conference held yesterday in Frankfurt, and she "attacked" him by throwing confetti on him and started shouting...