English Section

23 septembrie 2020
Politics and the pandemic shake up the markets

Politics and the pandemic shake up the markets

MIHAI GONGOROI (TRANSLATED BY COSMIN GHIDOVEANU)English Section / 23 septembrie 2020

The Leu has reacted differently against various currencies, during the pandemic, with the EUR/RON exchange rate going up, while the opposite happened to USD/RON. The latter happened because of the weakening of the dollar against the Euro, during the crisis caused by Covid-19, as well as following the political events happening on a national and global level

The odyssey of the copper that disappeared on the Bucharest-Constanţa railway

A CASE BROUGHT TO THE COURTS AFTER SIX YEARS OF INVESTIGATIONSThe odyssey of the copper that disappeared on the Bucharest-Constanţa railway

GEORGE MARINESCU (TRANSLATED BY COSMIN GHIDOVEANU)English Section / 21 septembrie 2020

The criminal investigations conducted by the Railroad Transports Police and the prosecutors took nearly six years, before the case concerning the theft of nearly 160 tons of copper wire replaced upon the rehabilitation of the Bucureşti-Constanţa railroad segment went to court. According to some sources from CFR and the Police, the case was sent to court three months ago, in other words two years after BURSA reported about the theft committed with the complicity of the employees and management of SC Electrificare CFR SA

"Failure is not an option for the EU"

STATE OF THE UNION REPORT 2020, VON DER LEYEN COMMISSION:"Failure is not an option for the EU"

V.R.( TRANSLATED BY COSMIN GHIDOVEANU)English Section / 17 septembrie 2020

The turnaround plan for the European Commission in Brussels will remedy the damage caused by the coronavirus pandemic and will ensure the future for the next generation, according to the State of the Union 2020, drawn up by the von der Leyen Commission, which emphasizes that "failure is not an option for the EU: the turnaround plan proposed by the Commission is unprecedented - both in terms of structure and ambition".

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School is starting, every one for themselves!

School is starting, every one for themselves!

OCTAVIAN DAN (Translated by Cosmin Ghidoveanu)English Section / 14 septembrie 2020

A new school year begins today, and the joy up until now has been replaced with fear and in some cases even with terror. The sanitary crisis is causing headaches for the authorities, teachers, children, and even to those who are...

PSD sliding down, Covid-19 and the deficit on the rise

PSD sliding down, Covid-19 and the deficit on the rise

Emilia Olescu, George Marinescu (Translated by Cosmin Ghidoveanu)English Section / 7 septembrie 2020

The aftermath of the political dispute in July made its negative effects fully felt throughout August. Due to the political indecision regarding the quarantine law that tormented the Romanian society in the middle of summer, we faced, last month,...

The constantly rising gap between the world's poor and rich

The constantly rising gap between the world's poor and rich

MIHAI GONGOROI (TRANSLATED BY COSMIN GHIDOVEANU)English Section / 3 septembrie 2020

Wealth gaps at the level of the population have always existed. But this year, with the total disconnection between the markets and the real economy, the gap between the rich and the poor has become more than obvious - particularly in the US,...

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...

"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...

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...

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