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ZF English

Disgruntled Petrom employees threaten to take Ministry of Economy to court

The authorities' method to privatise Romania's largest company, SNP (National Oil Company) Petrom is fiercely contested by the powerful association of the company's employees, led by Liviu L...

Adrian Mirsanu · 01.10.2003 · 00:00 · 2 min
ZF English

Minority shareholders, Economy Ministry fight over Petrom

Between submitting the letters of intent and drafting the shortlist with the successful candidates, the privatisation process of SNP (National Oil Company) Petrom has entered an unexpected '...

Laurentiu Ispir · 30.09.2003 · 00:00 · 1 min
ZF English

Minority shareholders, Economy Ministry fight over Petrom

Between submitting the letters of intent and drafting the shortlist with the successful candidates, the privatisation process of SNP (National Oil Company) Petrom has entered an unexpected '...

Laurentiu Ispir · 30.09.2003 · 00:00 · 1 min
ZF English

Scheele: There's more to functional market economy status than checking boxes

The fulfillment of pledges made by the Romanian authorities to the European officials does not automatically trigger the functional market economy status for Romania, the head of the Europea...

Ziarul Financiar · 24.09.2003 · 00:00 · 1 min
ZF English

Underground economy, close to 8bn euros

The underground economy - those economic activities partially or completely left out of the accounting books - accounts for 18% of the Gross Domestic Product, said Valentina Ungureanu, head...

Ziarul Financiar · 18.07.2003 · 00:00 · 1 min
ZF English

Romania eyes functional market economy status

Romania has made significant progress since last year and should be able to get the functional market economy status from the European Union, PM advisor Giovanni Ravasio said. Ravasio admitt...

Ziarul Financiar · 15.07.2003 · 00:00 · 1 min
ZF English

EU officials expected for market economy debate

A delegation of the European Commission's Directorate General for Economic and Financial Affairs is due to arrive in Bucharest this week to discuss functional market economy issues with the...

Ziarul Financiar · 09.07.2003 · 00:00 · 1 min
ZF English

European officials and market economy

The European officials do not see eye to eye on Romania's getting the functional market economy status from the EU. While the new Italian ambassador in Romania, Stefano Ronca, is optimistic...

Ziarul Financiar · 08.07.2003 · 00:00 · 1 min
ZF English

Government reshuffle gives birth to mammoth Economy Ministry

The most spectacular change brought by the government reshuffle is the concentration of several ministries and institutions in the hands of a single minister - of the Economy. Thus, the numb...

Razvan Voican · 17.06.2003 · 00:00 · 2 min