English Section

14 februarie 2018
The ANRM has once again decided to raise the reference price for natural gas

The ANRM has once again decided to raise the reference price for natural gas

Adina Ardeleanu (translated by Cosmin Ghidoveanu)English Section / 14 februarie 2018

The reference price for natural gas extracted from Romania, in order to establish the royalties, will be calculated based on the trading prices of the CEGH Viena hub, the National Agency for Mineral Resources announced on Friday, which issued the Order concerning the approval of the Methodology to set the reference price for natural gas extracted from Romania.

Sex and the country with Viorica Dăncilă

Sex and the country with Viorica Dăncilă

MAKE (translated by Cosmin Ghidoveanu)English Section / 30 ianuarie 2018

The female prime-minister seems like a victory against sexism. The emancipation of our women seems to find its expression in the appointment of Viorica Vasilica Dăncilă as head of the Executive.

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AFTER THE ROW CONCERNING THE AMENDMENT OF THE REFERENCE FOR THE NATURAL GAS ROYALTYProducers deny accusations of their failure to pay the royalties even though they did not concern them

ADINA ARDELEANU (translated by Cosmin Ghidoveanu)English Section / 18 ianuarie 2018

The Romanian Association for Oil Exploration and Production (ROPEPCA) yesterday denied, in a press release, the "grave and unjustified" accusations made against the Romanian producers of natural gas, "accusations which concern the...

The strongest "statesmen in the PSD" are...women!

The strongest "statesmen in the PSD" are...women!

Cornel Codiţă (translated by Cosmin Ghidoveanu)English Section / 17 ianuarie 2018

Unless something happens to cause us to hurry, by this Friday, or by Monday-Tuesday at the latest, we will be able to say: "Now we've seen everything!" For a historic first time, Romania will have a woman as a prime-minister!

Vasilescu, NBR: "We hope that banks will come out clean from the audit of the Competition Council"

AFTER BEING INVESTIGATED BY THE TAX ADMINISTRATION AND THE ANPC, BANKS GET INVESTIGATED BY THE COMPETITION COUNCILVasilescu, NBR: "We hope that banks will come out clean from the audit of the Competition Council"

EMILIA OLESCU (translated by Cosmin Ghidoveanu)English Section / 12 decembrie 2017

The financial banking system seems to be the focus of most of the investigation entities. After being audited by the National Tax Administration Agency (ANAF) and by the National Consumer Protection Authority (ANPC), some of the banks which...

Paul Anghel, ANPC: "It is abnormal for some telephony operators to interpret < < unlimited > > as < < limited > >"

THE COURT RULED THAT SOME CONTRACTS CONCLUDED BY CELL PHONE COMPANIES INCLUDE ABUSIVE CLAUSESPaul Anghel, ANPC: "It is abnormal for some telephony operators to interpret < < unlimited > > as < < limited > >"

EMILIA OLESCU (translated by Cosmin Ghidoveanu)English Section / 11 decembrie 2017

The Courts have decided that some contracts concluded by the telephony companies contain abusive clauses. The Court rulings were rendered last year, as well as in 2016, but the argumentations have been formulated relatively recently.

A new attempt to select a CEO for the BSE

A new attempt to select a CEO for the BSE

ADINA ARDELEANU (translated by Cosmin Ghidoveanu)English Section / 24 noiembrie 2017

According to some market sources, banker Ciprian Păltineanu and Adrian Tănase, Chief Investment Officer at NN Pensii România, will hold interviews in the beginning of next week with the Board of the BSE, after Ludwik Sobolewski's term expired...

"The decision of the Court of Justice of the European Union - a great benefit for the Spanish borrowers"

PATRICIA SUÁREZ RAMÍREZ, THE PRESIDENT OF THE ASSOCIATION OF FINANCIAL CONSUMERS OF SPAIN:"The decision of the Court of Justice of the European Union - a great benefit for the Spanish borrowers"

EMILIA OLESCU (translated by Cosmin Ghidoveanu)English Section / 23 noiembrie 2017

The ruling issued by the Court of Justice of the European Union (CJUE) in the Andriciuc versus Banca Românească case represents a great advantage for Spanish debtors, said Patricia Suarez Ramírez, the president of the Association of Financial...

"The fiscal revolution" is over before it began

"The fiscal revolution" is over before it began

TEODOR STOLOJAN (translated by Cosmin Ghidoveanu)English Section / 6 noiembrie 2017

Finally, after many statements concerning the fundamental changes in the fiscal policy, announced from one day to the next and then denied, we have the argumentation note and the draft of the emergency ordinance to amend the Tax Code published,...

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