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Cheap credits are not necessarily the most appropriate
Which is the most worthwhile credit: the lei or foreign currency-denominated one? At a first glance, the answer is the dollar-denominated credit because it is cheaper and the interest rate i...
The Czechs of Tepro Iasi get ready to pack
Two investors, a Romanian and a foreign one, are negotiating with the Czech firm Zelezarny Veseli a contract for the cession of Tepro Iasi stock the company bought from the State Ownership F...
Mirror, mirror on the wall, who's the biased of them all?
Women struggled hard to get what was rightfully theirs: the right to vote, the right to wear pants, to run for public office, to be able to fight in an arena in front of overabundant testost...
A poet watched by the Securitate
Poet and philosopher Lucian Blaga was followed by the Securitate until the day he died. Professor Ion Balu, the author of "The life of Lucian Blaga," published in four volumes, and the daugh...
The big bucks come from selling businesses, not scrap iron
In Romania, a country with a free falling economy, there are investors willing to offer millions of dollars for several kilometres of cables linking houses or satellite transmitters, while n...
St. Paul or The Fall from Heavens
Saul, the historic persona (approx. 10-67 BC.), became Paul after his exemplary conversion in 36 BC. He was one of the greatest and most troubled men on the Damascus Road. He was a Jew from...
The Democratic Convention play - the final act
CDR (Romanian Democratic Convention) is on the verge of dissolution, after PN?CD (Peasants' Party) gave an ultimatum to PNL (Liberal Party) to return to the Convention by July 15. The Libera...
Draft decision on the approval of the procedure and competencies on payment facilities for taxes and other budget revenues, administered by the Finance Ministry
According to art.82, corroborated with art.109 of Government Ordinance 11/1996 on the execution of budget claims, approved and amended by Law 108/1996, with the subsequent amendments and com...
ANRE changes the circulation of money within Conel
The National Authority for Energy Field Regulations (ANRE) has issued a new procedure for distributing to producers cashing-ins resulted from the sale of electric energy. The procedure will...