English Section

17 iunie 2020

SOURCES:White smoke from the PSD and the PNL for the leadership of the ASF

Mihai GongoroiEnglish Section / 17 iunie 2020

Even though they are fighting the electoral struggle, the PSD and the PNL have completed the split over the positions that will be becoming vacant this summer at several important regulators, and social-democrats have abandoned the leadership of the ASF, meaning that Nicu Marcu will be the president of the Financial Oversight Authority (ASF), according to our information.

The Covid-19 pandemic - threat or a false alarm?

George MarinescuEnglish Section / 16 iunie 2020

From the article "Will we return to normal or not?" published in BURSA about a week ago, where we pointed out that the pandemic is behaving like a montagne russe, with the number of infections in Romania being up continuously, yesterday a sudden drop was announced.

The Euro - every which way

The Euro - every which way

MIHAI GONGOROI (TRANSLATED BY COSMIN GHIDOVEANU)English Section / 12 iunie 2020

Romania doesn't meet any of the four criteria for joining the Eurozone and switching to the Euro, the European Commission said, in its convergence report published yesterday.

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The virus tends to isolate Italy economically from the EU

The virus tends to isolate Italy economically from the EU

Adelina Toader (Translated by Cosmin Ghidoveanu)English Section / 22 mai 2020

The blow dealt to Italy by the health crisis comes at a time when the country's economy and finance weren't exactly the most stable. Italy's public debt amounted to over 134% of its GDP at the end of last year, according to Reuters,...

The bomb is ticking at the ASF!

The bomb is ticking at the ASF!

EMILIA OLESCU (translated by Cosmin Ghidoveanu)English Section / 14 mai 2020

The scandal surrounding the Financial Oversight Authority (ASF) has escalated to a pitch, lately. The protests in the insurance sector, as well as the chaos in the stock market come amid the lack of supervision, those involved say.

The ASF needs to be cleansed

The ASF needs to be cleansed

MAKE (TRANSLATED BY COSMIN GHIDOVEANU)English Section / 12 mai 2020

The inability of the Financial Oversight Authority (ASF) to fulfill its role is now visible, without the need for specialized subtleties, because the chaos induced in the SIF market has reached the stage where it requires the intervention from...

Grassroots democracy

CITIZENS TAKE OVER EUROPEGrassroots democracy

Cornel Codiţă (TRANSLATED BY COSMIN GHIDOVEANU)English Section / 11 mai 2020

The diagnosis does not need many validations and revalidations: Democracy, in its very home, in the Western space of of its creation and historical development, is suffering. It is in trouble. It is weak, where it should have excelled: the...

The ECHR ruled that the dismissal of Kovesi was illegal

The ECHR ruled that the dismissal of Kovesi was illegal

George Marinescu (Translated by Cosmin Ghidoveanu)English Section / 6 mai 2020

Laura Codruţa Kovesi, chief-prosecutor of the European Prosecutor's Office, has won in the European Court of Human Rights the lawsuit brought against the European Court of Human Rights, in the case of her illegal dismissal from the position...

The flight to gold

The flight to gold

Adelina Toader, Emilia Olescu (Translated by Cosmin Ghidoveanu)English Section / 4 mai 2020

Dochia: "If stock market prices rise for two or three weeks, then the rise of gold will slow down"  

What will the post-pandemic world look like

What will the post-pandemic world look like

Mihai Gongoroi (Translated by Cosmin Ghidoveanu)English Section / 29 aprilie 2020

The biggest challenge for the world right now is to find a way out of the Covid-19 pandemic, with a focus on avoiding new epidemic waves after social distancing measures are loosened, says Andre Cappon, founding president of CBM Group of New York.

The coronavirus has changed the direction of the world

The coronavirus has changed the direction of the world

George Marinescu (Translated by Cosmin Ghidoveanu)English Section / 28 aprilie 2020

Prior to the pandemic, one of the main concerns of the entire world was the military. According to a report by the Stockholm International Peace Research Institute (SIPRI), last year, the biggest amount ever was spent globally, respectively 1.9...

Sleep tight ASF! Lakis is working for you!

Sleep tight ASF! Lakis is working for you!

MAKE (TRANSLATED BY COSMIN GHIDOVEANU)English Section / 23 aprilie 2020

MAKE (TRANSLATED BY COSMIN GHIDOVEANU)

Despite the conviction of El Lakis Najib and Dragoş Bîlteanu for the manipulation of the capital market and for using in ill-faith the goods and credit of the company, the expansion of SIF Banat Crişana that they have begun continues to be...

Pope Francis has chosen to ignore God's opinion

Pope Francis has chosen to ignore God's opinion

MAKE (TRANSLATED BY COSMIN GHIDOVEANU)English Section / 16 aprilie 2020

Jesuit Catholic Jorge Mario Bergoglio, meaning Pope Francisc of Rome and the Ahmadite Muslim Imran Khan, Pakistani prime-minister have asked on one voice, on the same day of Sunday, for the debt of poor countries to be reduced.

March, under the sign of Covid-19

FINANCIAL MARCHMarch, under the sign of Covid-19

EMILIA OLESCU, GEORGE MARINESCU (translated by Cosmin Ghidoveanu)English Section / 6 aprilie 2020

March 2020 has seen several firsts, the effects of which are already being felt in the economic environment. The coronavirus epidemic has already started being felt in the first days of March, when a large number of companies decided that their...

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