ZF English
Costea fades away, while Iliescu stays
Ion Iliescu could win presidential elections after the first round, as 51% of Romanians intend to vote for him. He is followed by Emil Constantinescu - 19%, Teodor Melescanu-14%, Corneliu Va...
Oil giant Shell Group sells coal assets to Anglo
Anglo-Dutch oil giant Royal Dutch Shell Group yesterday announced the long-awaited sale of its Australian- based coal business to Anglo American Plc for up to US$900 million in cash.The fina...
An engine of growth?
The choice is ours - Analysis by Dragos NegrescuA recent study by experts of the EU Treasury found that underground economic activity in Romania was 49% of the official figure and that it ha...
VAT has turned legit: we have the methodological norms
Methodological norms for the endorsement of Ordinance 17/2000 on value added tax (VAT) were finally published at the end of last week in the Official Gazette, more than a month after it pass...
No culpable, no punishment, no trust
As payments ceased at the National Investments Fund, suddenly, coincidentally or not, another crisis shaped up. According to Prime Minister Isarescu's advisors, numerous deponents with the R...
IMF wants sound measures
The delay in IMF's approving the accord with Romania is "quite normal," since our country must prove now to international financial institutions that it can be ruled and that it has institut...
Omniasig holds minority position within Agras
Insurance company Omniasig Bucuresti on Monday acquired from the capital market 4.3 million shares of agricultural insurance company Agras, representing a little over 5 percent in the total,...
Good advice we can't use
A study recently published by the IFO, the German economic research institute, revealed that some candidates to the European Union, including Romania, should introduce a rigid exchange rate...
Parties are allergic to new people
The Democratic Party's furious attack on Prime Minister Isarescu is perhaps the first actual sign that parties are not particularly keen about new and promising characters entering political...