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Economic oddities in the heat of summer
The country's economic life is periodically shadowed by political convulsions, so Premier Isarescu has set out to limit as much as possible the influence of the electoral cycle on business....
Me, Emilgar, sub-lieutenant of Romanian literature
"A thoughtful baby, with his temple too prematurely leaning upon the tiny hand; a rather stiff military, with rectangular shoulders, with the face divided in two by a pair of huge mustaches...
The untold story of Woodstock '99
The last Woodstock edition exploded in a night of arson, looting and vandalism a year ago next week. Fed up with overflowing toilets and trash cans, an erratic supply of running water, high...
Friedrich Nietzsche and the paradox of Judas
Some of Nietzsche's commentators were not deceived by the destructive force of evil he was proclaiming in his work. They saw only a mask - one of the most terrifying, it's true - in the phil...
Let's spare parliamentary elections of the presidentials
Scheduling presidential elections after the parliamentary ballot might offer the electorate the opportunity to choose people, not parties, for the supreme position in the state. Under these...
Contracts in Romania - a scrap of paper
The lack of effective contracts, the result of a deficient formal social relationship, translates in economic terms into higher transaction costs, and consequently into lower productivity. H...
Consolidation of positive development?
Creating positive expectations - Analysis by Florin Pogonaru Statistical data published by CNS and NBR, as well as statements made by Romanian officials and Western analysts are arguments th...
Privatisation of state-owned companies - a Sisyphus effort?
Effects of hiring international financial consortia to privatise Romanian companies following programmes financed by the World Bank and the IMF will become apparent at the end of summer, whe...
Out of debts came capitalism
The best, biggest and most profitable deals are made with the state. This is what every major businessman knows, a phrase they have pinned on the wall, as a perpetual slogan.The statement is...