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Employees earning more than five monthly gross wages will be required to pay more to healthcare and pension contributions, starting with April, after the government decided, on Friday, through an emergency ordinance to eliminate the cap on these...

The planet's debt calculated by the International Institute for Finance (IIF) amounts to 217 trillion dollars, according to data it has published, quoted by zerohedge.com. The website notes at the end of 2016, the global debt amounted to...

Romania needs a healthy economic vision, one for the long term, coupled with the responsibility of the decision makers of economic policies, presidential advisor Cosmin Marinescu says in an interview posted on his personal website...

In his new year message, designated prime-minister Sorin Grindeanu promised urgent measures would be taken to increase the quality of Romanians' life.

The spasmodic evolution of the shares of Monte dei Paschi (BMPS) on the Milan stock exchange is nearing its end, as the reality of bankruptcy and the need for nationalization can no longer be denied.

SIF5 Oltenia has sued the Romanian Commercial Bank, bringing two lawsuits, as it has disagreed to the decision of the shareholders to merge the bank with the real estate companies within the group - BCR Real Estate Management SRL and Bucharest...

The suspicion that the program of the PSD is nothing but a bunch of promises that won't be honored, once the party's members get into the government, was countered by the president of the party, Liviu Dragnea, who invoked the guarantee of...

Exporters demand professionalism from the future government, said Mihai Ionescu, the president of the National Association of Romanian Exporters and Importers (ANEIR).

Gabriel Dumitraşcu, former head of the privatization department of the Energy Ministry, who ran for the Supervisory Board of Hidroelectrica, yesterday filed a criminal complaint against Victor Vlad Grigorescu, current Energy minister, with the...

The postponement of the application of some tax cuts stipulated in the current Fiscal Code set to come into effect on January 1st, 2017, made the Cioloş government flip-flop yesterday.

I can understand why there is infighting among liberals after losing the elections, but they shouldn't be upset, because in fact, the electorate has chosen liberalism.

Reporter: Do you think that in 2009, we actually needed the loan that Romania took out from the international lenders? Why did we get to the point of having to call upon the international financial institutions, when the government had...

The Romanian Intelligence Service is in charge of Romania, as politicians have been discredited, Alexander Adamescu said on December 7th, in a debate on ownership rights protection organized in London by Legatum Institute, a division of...

The manager of the much criticized TV network Antena 3, Mihai Gâdea, has staged a vendetta against PM Dacian Cioloş, in the interview which the PM accepted, three nights ago, after the head of the Government had made the following statement in a...

Greece's "glory" days, when any negotiation of the new plans for the "rescue" held the front page of the European newspaper, are in the past.

Raiffeisen Bank has snuck a gloomy prediction for the Romanian economy in the prospectus of the MedLife IPO, which it intermediates.

The technocratic government led by Dacian Cioloş proposes the listing of 20-25% stakes in Hidroelectrica and CEC Bank, among the measures meant to help the development of the Romanian stock market, included in the final strategic document called...

Timea Jurj, the woman from Satu Mare which according to British publication The Sun was allegedly using her children to assemble the toys used in Kinder chocolate eggs, claims that everything was a set up and that she was promised her husband...

Currently in recovery, the Romanian Stock market may receive some help from the MedLife clinic, which has announced its intention to perform an IPO by the end of the year, after an offer to sell 44% of the shares, initiated by the V4C Eastern...

The case recently brought by the National Anti-Corruption Department (DNA) on the loan taken by Romania from the IMF in 2009, has already been closed.

French National Consumer and User Protection Agency (CLCV) has brought a class action lawsuit against BNP Paribas Personal Finance concerning Swiss Franc indexed loans, according to sources close to the situation, quoted by the international press.

"The shadow of war looms over us particularly when we try to forget it", in the words of Erich Maria Remarque ("Im Westen nicht Neues", Berlin, Propylaen, 1929), that had no desire to be prophetic, but which are depressingly true.

This article is interactive, meaning the article only works if you, the readers, are actively involved, just like there are jokes that, in order to work, need an answer from the people listening to them, just like this one: "It's not the...

In troubled times like these, America needed a president capable of fishing as successfully into troubled waters as Trump did. And the reasons for the fact that they are troubled in the first place is the last thing which could be blamed on the...

• Update: The biggest turnout ever in the last century? 

One of the class action lawsuits in which lawyer Gheorghe Piperea is defending bank borrowers has been brought before the Court of Justice of the European Union (CJEU), through the preliminary questions addressed by the Court of Appeal of Oradea.

In many areas, insolvency is seen as synonymous with the debtors' fraud against the creditors' interests, Simona Miloş, the president of the National Institute for the Training of Insolvency Practitioner (INPPI), in the opening of the...

The Financial Oversight Authority (ASF) has warned Rompetrol Rafinare (RRC) that is it at risk of being dissolved, as per the provisions of art. 15324 of the Law no. 31/1990 concerning commercial companies and has asked it to decide...

Franklin Templeton yesterday announced the appointment of Johan Meyer as Co-CEO al FTIML, Bucharest Branch and Portfolio Co-Manager of the Proprietatea Fund.

Four commissions of the Senate and Chamber of Deputies, reunited in a joint meeting, yesterday voted in favor of dismissing the president of the Financial Oversight Authority (ASF), Mişu Negriţoiu, in his absence.

"Make, I'm tired of living with an old fogey like you. Don't come looking for me; I have gone over the border with my German guy into Hungary..."

The Finance Minister tucked her head between her shoulders and did not utter as much as a whimper anymore, after the article "Schäuble la Ministerul finanţelor, ca Iglesias Jr. la Antena3" (Schäuble at the Ministry of Finance, just like...

The National Bank of Romania (NBR) injected yesterday over 4.12 million lei in the banking market, this being the fourth repo operation conducted by the Central Bank in October, after the ROBOR index began rising at an accelerated pace.

Wolfgang Schäuble, the rigid German finance minister, who was unyielding in his negotiations concerning Greece's debts, is now asking for the understanding of the Union's citizens and for their trust in the shared project, as "the...

UPDATE 17:22 Raiffeisen Bank has not sponsored the Romanian Ministry of Public Finance, nor yesterday's event that Wolfgang Schäuble, German Finance Minister attended, the bank stated in a response sent to the "BURSA" editorial office.

Almost one billion Euros was removed from Romania in the last five years, and all that money could have been used to finance many projects, the General Manager of the Major Taxpayers Department of the National Tax Administration (ANAF), Ionuţ...

This month, in the Senate, several deputies have proposed a draft to amend the Law of public procurement acquisitions and of the Law concerning the concession of works and services, which would allow investigated companies to participate in the...

NBR governor Mugur Isărescu apparently ignores the fact that banks are refusing to negotiate with their customers and insists, after the passing of the law of giving in payment, that the parties of the loan agreement should negotiate:...

Three media people (I find it hard to call them journalists) were trying to outdo each other in presenting comparative calculations originating from the specialists of the NBR, proving using arithmetic that loans denominated in CHF have been more...

A new world energy economy is in the process of developing, says economic analyst Ionel Blănculescu, who says that our civilization "needs to embrace renewable energy at a rate and at a pace that has never been seen before".