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The prosecutors of the National Anti-Corruption Department (DNA) have yesterday raided doctors and pharmaceutical company in an investigation which concerns bribes in exchange for promoting drugs used in treating cancer. More to the point,...

The Competition Council has announced yesterday, that it has begun an investigation concerning the possible violation of national and EU rules by Media Xprimm, UNSAR (the Romanian National Union of Insurance and Reinsurance Companies), the...

Shocked beyond belief that Mişu Negriţoiu, the president of the Financial Oversight Authority (ASF) is not issuing a response to the accusations being made against him, namely that in 2003 and 2004 (when he was executive director of ING Wholesale...

Whereas in the last few years there has been a lot of talk about clauses that are considered abusive, mostly in the case of loan agreements concluded between banks and debtors, and there are a number of lawsuits in court on that matter, there are...

Lately, various Russian officials have been periodically generating news which comprise various threats to Romania.

Depositors that have amounts larger than the maximum guaranteed amount of 100,000 Euros have begun withdrawing their money, as demonstrated by the report of the Fund for the Guarantee of Bank Deposits (FGDB).

The idea of a "European economic government" has been brought up once again by Francois Hollande, two days ago, but this time confining it to "gouvernement de l'eurozone", which proves not only that French presidents have one...

Yesterday's and today's European leaders, the same in their nature, just like yesterday's communists became today's "democrats", have succeeded an amazing performance: they've turned the most ardent supporters of the...

I for one, do not want to give Greece 1.5 billion Euros, as apparently the European Commission has decided yesterday to ask the member states of the European Union which are not members of the Eurozone to do yesterday, (a total guarantee of 13...

European leaders have been insistently repeating lately, the discourse of the faith in Greece and in the government in Athens has been lost, as if they were examples of dependability and morality.

The Islamic Republic of Iran, on one hand, and the US, United Britain, France, Germany, Russia and China, on the other, two days ago reached a common solution to the problem of the "Iranian nuclear dossier", thus concluding over two years...

In the 40 item program that SYRIZA presented in 2012, the last proposal was "closing all the foreign bases in Greece and the exit from NATO".

The four Romanian banks with Greek shareholders would become a single entity, if their shareholders decided to merge, specialists from the NBR told us.

Victor Ponta decided not to seek political asylum in Istanbul, instead he has returned to Bucharest hobbling, making me shed tears of compassion for the fact that his beard has grown just like that of Adrian Năstase, who has changed his...

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...

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