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9 decembrie 2015
Greece eases capital restrictions

Greece eases capital restrictions

V.R. (translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 8 decembrie 2015

Greece will loosen restrictions on capital movements in order to allow domestic investors that want to buy stock through the Athens Stock Exchange to use the locked money they have deposited in Greek banks, Charalampos Gotsis, the president of the Commission for the oversight of the Greek securities market announced.

Being a Romanian, Dragu wants to work for pennies; cut her wage, then!

Being a Romanian, Dragu wants to work for pennies; cut her wage, then!

MAKE (translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 8 decembrie 2015

If she had stuck to announcing that the minimum wage would not be raised until an impact study was done, the new Finance minister Anca Dragu Paliu would have simply confirmed that she is part of a technocratic government, but she had to go and make a fool of herself, mentioning that Brazilians, Russians, Indians, Chinese and South-Africans "are poor and numerous and they all know how to do things for 2 lei, they are doing things that Romanians haven't been doing for quite some time".

The law of giving in payment has raised barricades

EMILIA OLESCU (translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 7 decembrie 2015

Last week was an extremely tumultuous one for the banking system, after the law of giving in payment which allows the giving of the property to extinguish bank debts was passed by the Parliament.

In the press, the issue was among the most discussed, with comprehensive articles and entire shows putting the parties involved face to face - initiators, bankers, consumers, the NBR.

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Germany's industrial output, at a 1 year low

Germany's industrial output, at a 1 year low

V.R. (translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 9 noiembrie 2015

In September, Germany's industrial output has seen the biggest drop of the last 12 months, an evolution which suggests that the advance of the biggest European economy has slowed down in Q3 2015, amid the weaker demand from China and other...

Deus ex machina

THE CONSEQUENCES OF THE TRAGEDYDeus ex machina

MIHAI ANTONESCU (translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 4 noiembrie 2015

Hated though it may be, war remains the only way to achieve progress abruptly known throughout history. war consumes resources quickly and forces society to come up with more of them, to use its brainpower and workforce and to build.

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