English Section

18 august 2020
Rectification inflating budget deficit

Rectification inflating budget deficit

George Marinescu and Mihai Gongoroi (Translated by Cosmin Ghidoveanu)English Section / 17 august 2020

The draft budget revision published at the end of last week sparked a series of pro and con opinions, especially in view of the increase of public expenditures by 18.2 billion lei, due to the pension point hike by 14% and the increase of allowances for children

"The state needs to ensure that 5G networks cannot be used against it or against its allies"

THE BURSA ONLINE DEBATE - THE PROBLEMS OF 5G TECHNOLOGY AND THE PROBLEMS IT SOLVES / MARIAN MURGULEŢ, STATE SECRETARY AND CHIEF INFORMATION OFFICER IN THE GOVERNMENT:"The state needs to ensure that 5G networks cannot be used against it or against its allies"

MIHAI GONGOROI (TRANSLATED BY COSMIN GHIDOVEANU)English Section / 14 august 2020

An important step for the organization of the 5G call for bids for range license is the transposition of the 5G memorandum signed between the Romanian government and the US government, and the Romanian state needs to ensure that the 5G networks can never be used against it or its allies as part of the hybrid war, said Marian Murguleţ, secretary of state and government chief information officer with the General Government Secretariat (SGG)

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The goals of the Islamic Republic of Iran in achieving a peaceful nuclear program

EXCLUSIVE FOR BURSA, THE NEGOTIATOR OF THE NUCLEAR PROGRAM OF THE ISLAMIC REPUBLIC OF IRANThe goals of the Islamic Republic of Iran in achieving a peaceful nuclear program

Seyed Abbas Agharchi (Translated by Cosmin Ghidoveanu)English Section / 6 august 2020

Over the last few years, as senior negotiator of the nuclear program of the Islamic Republic of Iran, I have been in contact with various parties from countries and from international organizations, and the fundamental and essential question of...

The Milan Stock Exchange becomes a takeover target

The Milan Stock Exchange becomes a takeover target

Alina Vasiescu (Translated by Cosmin Ghidoveanu)English Section / 3 august 2020

The London Stock Exchange Plc (LSEG), the operator of the London Stock Exchange - LSE, may spin-off, in part or in full, the Milan Stock Exchange (Borsa Italiana), which it owns, a move that would make it easier for it to obtain European Union...

"Tender books are a major issue in Romania"

THE "REAL ESTATE videoconferinta, investitii, imobiliare, achizitii, publice, pandemie AND PUBLIC PROCUREMENT DURING THE PANDEMIC" VIDEOCONFERENCE / ADRIAN VASCU, PARTNER AT VERIDIO:"Tender books are a major issue in Romania"

M.G.English Section / 17 iulie 2020

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 ASF allows offenders to run around in the stock market

The ASF allows offenders to run around in the stock market

MAKE (Translated by Cosmin Ghidoveanu)English Section / 13 iulie 2020

MAKE (Translated by Cosmin Ghidoveanu)

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 schedule of economic recovery is accelerating

(Translated by Cosmin Ghidoveanu)English Section / 3 iulie 2020

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,...

COMPUTERIZATION OF ROMANIA AND 5G TECHNOLOGY" VIDEOCONFERENCE/ MARIAN MURGULEŢ, SECRETARY OF STATE, GOVERNMENT CIOGeneral Government Secretariat: "The electronic identity card will make the digital transformation of Romania irreversible"

(Translated by Cosmin Ghidoveanu)English Section / 1 iulie 2020

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...

Terrorist attack at the biggest stock exchange in Pakistan

Terrorist attack at the biggest stock exchange in Pakistan

A.V. (Translated by Cosmin Ghidoveanu)English Section / 30 iunie 2020

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 STOCK MARKET DURING THE "COVID-19" PANDEMIC VIDEOCONFERENCE / SEBASTIAN BODU, STATE COUNCILOR WITH THE CHANCELLERY OF THE PRIME MINISTER:"The Sovereign Wealth Fund will be a private-equity fund with subscriptions in companies not listed on the stock exchange"

G.M. (Translated by Cosmin Ghidoveanu)English Section / 26 iunie 2020

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, validated by Parliament as head of the ASF

Mihai GongoroiEnglish Section / 25 iunie 2020

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 chairman seat awaits Nicu Marcu

Mihai GongoroiEnglish Section / 19 iunie 2020

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...

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,...

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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