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Romanian Companies Choke On 650 Non-Fiscal Taxes Levied On Them

Romania's Association of Small and Medium Sized Enterprises, or CNIMMPR, protests against the ever increasing number of taxes companies pay to fiscal and non fiscal entities. In all, the number of taxes which are not...

Farmers Underperform For Lack Of Services

The over populated countryside is in dire need of cash because farmers have little or no access to bank credits, the prices of farm produce is kept low on the market and economic opportunities are lacking. The over...

CEZ To Invest 1.1 Bln Eur In Wind Mills

The Czech company CEZ will build in Romania's eastern Dobrogea region the largest wind powered plant in Europe, investing 1.1 billion Euro by 2010. CEZ took over the project from Continental Wind Partners, which was...

Conservative Party Founder Criticizes Health Care Reform

Conservative Party founder Dan Voiculescu criticized the recent initiative of the Health minister Eugen Nicolaescu to make health care more profitable to doctors. “He skids on reality,” said Voiculescu...

Bucharest Stock Exchange Close to Expiation

The Rompetrol president Dinu Patriciu had said on March 19 he did not want to invest in a portfolio traded on the Bucharest Stock Exchange as the market was overvalued. In fact, he said the BSE real value stood...

Snakes, oil, Romanians and Ukrainians

This is not a film title. And, actually, it is more about natural gas, which could be found in an area of nearly 12,000 square kilometers in the north-west of the Black Sea. And that would allow Romania to...

Endless source of guts!

President Traian Băsescu asked the Parliament not to influence politically the fight against corruption! After transforming the battle with corruption into its electoral forte, after politically influencing the...

A show of losers

Now, when the Americans propose "The Mummy 3," there are rumors on the film market in our country talk about a Romanian similar project. It should be called "The Return of DA Alliance” and is not...

The Farmers And The GDP

It is high time for Romania to take note at the type of agriculture it relies on, and the kind of food industry that it processes the produce of the land. It is summer time and the inflation is not giving signs of...

Boats Are On The Must Have List Of Wealthy Romanians

Romanian customers this year spent a total 40 million Euro on boats, which is 30% more than last year. Romanian customers this year spent a total 40 million Euro on boats, which is 30% more than last year. Wealthy...

Anti-corruption orange code, under EU protection

The extraordinary parliamentary session called at the request of the President for the 13th of august, and repeating the vote in the case of the investigated MPs on the 17th of September offers an opportunity to the...

Climate Change May Change Romanian Politics?

No one in the scientific world doubts that global warming takes place and that human activities have their part in it, with the emission of CO2 in the atmosphere. Things are more complex, though, in the world...

"Europe is not what it seems to be"

This is not the title I though of initially for today’s column. It is the title of a book published in 2007 by the current Commissioner for Justice, Jacques Barrot, including a comment on the...

Romania-Born German Writer Speaks Up Against Lack Of Soul Searching Among Romanian Intellectuals

Romania-born German language writers Herta Mueller and Richard Wagner had recently protested against the presence at the Summer Academy in Berlin, organized by the Romanian Cultural Institute, or ICR, of...

Romania To Sell Energy Co & Arms Makers

The Romanian authority in charge with privatizaton of state assets, or AVAS, plans to make this year some important sells, said its president, Teodor Atanasiu. The Romanian authority in charge with privatizaton of...

Voestalpine Undecided On Location For 5.5B ln EUR Investment

Romania lost ground in the competition for 5.5 billion Euro investment from Austria's Voestalpine. The Linz based company plans to build a still mill on the Black Sea shores, which will create some 5,000 jobs, take so...

Former President Ion Iliescu Opts Out Of Future Parliamentary Elections

Former President Ion Iliescu made public on his personal blog, http://ioniliescu.wordpress.com/, his decision to not participate in the elections this fall for parliament. “I am not motivated to run by myself...

Come to our little crisis ...

The financial crisis in the United States and Europe got to us as well in the form of an emotional vortex. Due to the governmental complaints at the Constitutional Court in relation to groups 1 and 2 of pensioners, pl...

The tough Leu

The exchange rate has been over 3.9 lei/euro for three days, showing a change in the fluctuation band to 3.7 - 4 lei/euro or to 3.8 - 4.1 lei/euro. The exchange rate has been over 3.9 lei/euro for three days,...

The Good Guys

During the past weekend, Traian Băsescu started the electoral campaign. Far from the country, but not from the political habits that we got used to. During the past weekend, Traian Băsescu started the electoral...
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