English Section

31 iulie 2019
Inflection point, 75 years after Bretton Woods

Inflection point, 75 years after Bretton Woods

Mihai GongoroiEnglish Section / 30 iulie 2019

The Bretton Woods moment has left a mark in politics. The conference which was held in New Hampshire, United States, 75 years ago, has represented a first globalization exercise, in which 44 states have participated, the effort of structuring the world economic order which came as the result of the Allies' victory in WW2.

"It is the first time when France is organizing a cross season with a EU member"

FRANCE'S NATIONAL CELEBRATION/ H.E. MICHÈLE RAMIS, FRENCH AMBASSADOR IN BUCHAREST:"It is the first time when France is organizing a cross season with a EU member"

Recorded by EMILIA OLESCU (translated by Cosmin Ghidovean)English Section / 12 iulie 2019

Reporter: How would you describe the economic and diplomatic relations between Romania and France?

Michèle Ramis: I cannot talk about the current relations between France and Romania, without speaking about the France-Romania season, which has meant, first of all, a renewal of the image of the two countries, in every sector, including in the economic sector. This season has been inaugurated in Paris at the end of November, a few days prior to Romania celebrating the anniversary of 100 years since its unification, through an economic seminar, at the Ministry of Finance, inaugurated by the Romanian Finance Minister, Eugen Teodorovici. Also, prior to the official closing of the season, on June 19th, took place the Romanian French Economic Forum - the stories that change the game, which has been inaugurated by the Romanian Prime-Minister, Mrs. Viorica Dăncilă. That event underlined the quality of the economic relations established between the Romanian and French companies and the numerous joint projects in various sectors, from the automotive industry to professional training and artificial intelligence.

"The 5 lei/Euro exchange rate will only occur after the presidential elections"

ECONOMIST LUCIAN ISAR:"The 5 lei/Euro exchange rate will only occur after the presidential elections"

EMILIA OLESCU (Translated by Cosmin Ghidoveanu)English Section / 8 iulie 2019

Isar: "Starting today, the NBR will no longer draw liquidity from the interbank market, thus no longer being the competitor to the Ministry of Finance, like it has been for the last two years" 

Up until after the presidential elections of November 2019, the exchange rate will be kept within a narrow fluctuation band, says economist Lucian Isar. "Young economists in the commercial banks are joking that the only reason the EUR/RON exchange rate hasn't reached 5 lei for an Euro is that since Governor Isărescu didn't know whether he would be elected again, didn't buy Euros out of his 2018 performance bonus.

The tax amnesty, dissimulated in the form of a financial restructuring

The tax amnesty, dissimulated in the form of a financial restructuring

GEORGE MARINESCU (translated by Cosmin Ghidovean)English Section / 26 iunie 2019

The Finance Ministry is preparing the tax amnesty for all companies in Romania, for all debts owed to the state budget until December 31st, 2018. The amnesty is dissimulated into a project where the ministry claims it is a financial restructuring which stipulates the erasing of up to half of the debts accrued or the gradual down payment, under certain circumstances.

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Stepping forward proudly, on the path of folk tradition

Stepping forward proudly, on the path of folk tradition

Dan Nicolaie (Translated by Cosmin Ghidoveanu)English Section / 24 iunie 2019

The Romanian blouse, the "Ie", the independence cry of the countryside garment, arising out of countless wars found in the room of great grandfathers, is now conquering the world. First was white, then black, and then a rainbow of colors...

How to start a business in Luxembourg

English Section / 7 iunie 2019

Luxembourg is a small country that manages to present numerous and important business advantages. It is conveniently located in the heart of Europe, with an attractive business and work environment and it has a highly skilled workforce. Investors...

The benefits of opening a company in Malta

English Section / 7 iunie 2019

Malta has pro-business and pro-foreign investment regimes that have helped it stand out as a preferred EU location for entrepreneurs and multinational corporations. Investors who open a company in Malta have a series of benefits, starting with a...

"The national trade strategy does not answer Romania's current needs"

THE BURSA CONFERENCE - THE STRATEGY FOR ROMANIA'S DEVELOPMENT / ŞTEFAN-RADU OPREA, MINISTER FOR THE BUSINESS SECTOR, TRADE AND ENTREPRENEURSHIP:"The national trade strategy does not answer Romania's current needs"

ADELINA TOADER (TRANSLATED BY COSMIN GHIDOVEANU)Ziarul BURSA #English Section / 5 iunie 2019

We have a national trade strategy which is valid until 2020, but which does not answer Romania's current needs, says Ştefan Radu Oprea, minister in charge of the Business Sector, Trade and Entrepreneurship.

"We are going down the wrong path, we need to follow another in order to develop the stock market"

THE "BURSA" CONFERENCE ON THE CAPITAL MARKET / MAKE, THE PRESIDENT OF THE BURSA PRESS GROUP:"We are going down the wrong path, we need to follow another in order to develop the stock market"

Mihai Gongoroi (translated by Cosmin Ghidovean)English Section / 17 aprilie 2019

The Romanian stock market has started going off, 25 years ago, in the wrong development direction, and we can currently stop and go another way, Make, the president of the BURSA group said yesterday, in the opening of the eighth "BURSA"...

Wall Street - a decade under the "bull sign"

Wall Street - a decade under the "bull sign"

Mihai Gongoroi, Andrei Iacomi (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 12 martie 2019

Born from the ashes of the financial crisis of 2007 - 2008, the second largest bull market in history became ten years old on Saturday, as the current historic cycle represents the second biggest economic expansion in the history of the...

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Wages - more money, more problems

ADELINA TOADER, EMILIA OLESCU translated by Cosmin GhidoveanuZiarul BURSA #English Section / 8 februarie 2019

The PSD did what everybody wants. It raised wages. We all want happy Romanians. If we could, we would raise employees' wages every day, in fact, we would do so hourly.

EU concert, in the winter of our discontent

EU concert, in the winter of our discontent

Translated by Cosmin GhidoveanuEnglish Section / 11 ianuarie 2019

Jean-Claude Juncker and the College of European Commissioner are in Bucharest since yesterday, where they are attending the festivities dedicated to the official takeover by Romania of the rotating presidency of the EU council.

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