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In the last quarter of 2019, the global Gross Domestic Product increased by 3 trillion dollars compared to the same period of the previous year, amid a 12.1 trillion increase in global debt.

Hidroelectrica has developed its supply component year after year, and in the coming years, the company's intention is to become an active player on the supplier market, after it doubled the quantity of energy supplied to end consumers in...

It is extremely important that the national digital inventory of buildings (real estate and public buildings) be made public after it is completed by the Government next year, says Adrian Vascu, Veridio partner and moderator of yesterday's...

The Ministry of Finance officially announced yesterday that it successfully raised USD 3.3 billion from foreign capital markets, which has led to Romania's public debt exceeding the 40% threshold in relation to GDP established by the law on...

The financial instruments proposed by the Orban government through the National Investment and Economic Turnaround Plan could constitute a lifeline for Romanian entrepreneurs and for the investment projects in every economic sector

The latest legislative changes by forestry authorities are causing further unrest. Fordaq - The Community of Romanian Rangers and the Federation of Romanian Forest and Pasture Owners - Nostra Silva draw attention to the "pseudo -...

The ASF gives a new round of arbitrariness and abetting Najib el Lakis and Bogdan Drăgoi, on the occasion of the General Extraordinary Shareholder Meeting of SIF Oltenia scheduled for tomorrow, by once again refusing to declare the investments...

The pandemic will lead to a worldwide economic stagnation, which will definitely be felt on the Romanian market, thinks Mariana Constantinescu Brădescu, Managing Partner Piatraonline.

On September 3, 2018, the Wirecard stock reached the all-time high of 195.5 euros on the Frankfurt Stock Exchange. On June 17, 2020, the price WDI was 104.5 euros, and at the end of last week the closing price was 3.3 euros, after reaching a low...

The state of alert has left its mark both on the political scene and the economic activity carried out in June. Many of the measures passed by the Government and Parliament have been aimed at further supporting the private business community and...

Following the emergency measures, the Government has launched a new phase to support the economy - grants for business development and to accelerate the computerization process, support for greenfield and for workforce employment,...

The economic turnaround plan proposed by the Orban government hasn't thrilled the experts, because according to its contents, it doesn't seem meant to quickly resolve the dramatic situation which tens of thousands of microenterprises that...

Our country will advance at least five places in the DESI ranking (ed. note: - Digital Economy and Society Index), in the first year after the implementation of the four projects, which the current Executive wants to carry out, said Secretary of...

The Karachi stock exchange, Pakistan's biggest, was attacked yesterday by a group of militants armed with machine guns and grenades, an incident in which the attackers and members of the security personnel, as well as a policeman, were...

The freezing of economic activity to stop the spread of the coronavirus epidemic led to the unprecedented contraction of global trade in April 2020, according to the World Trade Monitor report published by Dutch institute CPB (www.cpb.nl)

Within a maximum of three weeks, the government will approve the decision to set up the Sovereign Investment Fund, which will be a private-equity fund with money from the state budget, said Sebastian Bodu, state councilor in the Chancellery of...

Nicu Marcu, the only candidate for the position of president of the Financial Supervision Authority (ASF), was voted, yesterday, by the reunited plenary of the Chamber of Deputies and the Senate for the remainder of the term until 2023 at the...

The launch of the Bucharest Stock Exchange (BVB) on June 23, 1995, is not recorded on Wikipedia.

The National Natural Gas Company "Romgaz" SA did not abandon any investment project during the Covid 19 crisis, despite the fact that the company's short-term forecasts regarding the gas market are not extremely optimistic, said...

The official withdrawal from the race of PSD senator Daniel Zamfir leaves free room to Nicu Marcu for the position of chairman of the Financial Oversight Authority (ASF). Marcu, currently vice-president of the Court of Auditors, has both the...

It may seem surprising for foreigners that are watching the protests in the US, but most people here in New York, support the Black Lives Matter protesters.

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...

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,...

Tax experts warn the government that it should be prepared for an economic downturn of 8-9%. The Executive needs to be cautious and take into account a minimum level of contraction of the real GDP in 2020 of at least 3.5%, according to the 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.

The pandemic has caused the education to take place exclusively online, but the construction works for areas dedicated to education have successfully continued "offline"

Nasdaq Composite and Nasdaq 100, the indexes of the American technology stock exchange, recently reached historic highs, marking a perfect V-shaped market recovery, which was almost inconceivable during the February-March crash, amid the growing...

It's been three weeks since the exit from the state of emergency, and the daily number of infected with Sars-Cov 2 reported by the Group for Strategic Communications of the Ministry of Internal Affairs should clarify if the easing period...

The organoizational chart of the ASF is missing from its official website.

As we are nearing the presidential elections in the US, political polarization has reached unprecedented escalation. Why? Where are we going? In order to understand American politics, we need to remember that the American political model is very...

Unfortunately, this year we cannot celebrate the National Holiday, when 74 years have passed since the referendum that marked the birth of the Italian Republic.

The European Central Bank (ECB) is currently drawing up back up plans to resume its bond purchase program, amounting to several trillion Euros, without the German central bank (Bundesbank), if the German courts force the Bundesbank to withdraw...

The decline of global trade has picked up significantly in March 2020, according to the latest date from the World Trade Monitor report, posted by Dutch institute CPB (www.cpb.nl).

The blaze at SIF Transilvania started two months ago, around the General Shareholder meeting of April 28th, when the faction that gathered around the former football referee Constantin Frăţilă has prepared to overturn Mihai Fercală and his...

With few exceptions, the world's government have responded to the pandemic with a total quarantine. Medical experts claim that this has saved lives, economists claim that the measure has heavily affected the world's economy.

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,...

• Not even the Wizard of Oz could solve the issue of government revenues and expenses 

• Bank of England bringing back discussions about negative interest on loans 

Prices are falling for things people aren't buying and rising for things that they are", US economist Robert Wenzel wrote after the release of official US inflation data.

After Romania was in a state of emergency for two months, Klaus Iohannis is following the European trend and starting today decides that we could go to the state of alert, in a first step towards returning to normal.