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Iohannis: Through all my endeavors I will seek to defend Holocaust victims' memory

Wednesday, January 28, 2015

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President Klaus Iohannis declared on Tuesday at the ceremony to decorate three Holocaust survivors that through all his endeavors he will seek to defend Holocaust victims' memory, mentioning that in the coming years he wishes that, in parallel with commemorating the victims of this phenomenon, those who proved human solidarity during the Second World War be known as well.   "Through all it has done in the past decade ...

Romanian Intelligence Service Director George Maior resigns

Wednesday, January 28, 2015

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The Director of the Romanian Intelligence Service (SRI) George Maior submitted his resignation to President Klaus Iohannis on Tuesday, the Presidential Administration announced. The official source mentions the President has accepted Maior's ...

MCV Report for Romania to be published on Wednesday

Wednesday, January 28, 2015

The MCV reports for Romania and Bulgaria will be discussed on Wednesday in the Commissioners’ College and will be published the same day, the spokesperson for EC, Mina Andreeva announced on Tuesday.   The commissioners will discuss on Wednesday the latest evolutions and progress made in the reform of the judicial system and fight against corruption in Bulgaria and Romania within the Mechanism for Cooperation and ...

Van Groningen: We do not agree with administrative measure of credit conversion at another exchange rate

Wednesday, January 28, 2015

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The conversion in lei of credits in Swiss francs as a result of an administrative measure is not accepted by banks as it is not necessary in all cases while costs affect deponents, but banks have individual solutions, said Steven van Groningen, the president of Bank Association.   “First of all we do not need (the conversion in lei of credits in Swiss francs at the historic exchange rate plus 20% as customers ...

GfK: 2014, the best after beginning of crisis

Wednesday, January 28, 2015

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2014 was the best year since the beginning of the crisis for the Romanians’ confidence in financial and economic prospects, incomes were stable, while the number of people who say their family’s financial situation was more difficult than in 2013 is dropping, GfK shows. “It is for the first time in the last 7 years when the percentage of people who have confidence in the country’s economic future exceeds that of the distrustful. The conclusion of an ...

Romania climbs five positions in world top of economic freedom

Wednesday, January 28, 2015

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  Romania climbed five positions to 57th in a global top of economic freedom, but is behind Macedonia, Hungary and Bulgaria, according to a study made by Heritage Foundation in partnership with Wall Street Journal for 178 states.   With a total score of 66.6 points Romania ranks higher this year than states like Portugal, France, Italy, Greece or Russia, but is behind countries like Georgia, ...

Highest global risks for Romanian businessmen

Wednesday, January 28, 2015

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Romanian businessmen consider that the most important global risks are fiscal crises in key economies, cash crises and the major failure of financial systems, according to the Global Risks report made by Marsh.   Other global risks identified by businessmen in Romania are political and social instability, neglecting infrastructure and interstate conflicts with regional consequences.“These risks are some of the most ...

By 30.05 per cent less companies entered insolvency last year

Wednesday, January 28, 2015

The number of companies having entered insolvency last year dropped by 30.05 per cent, down to 20,696 companies, compared with 2013, according to data centralised by the National Trade Register Office ...

PwC survey : 44 percent of the Romanian CEOs say they are very optimistic

Wednesday, January 28, 2015

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 More than half the Romanian CEOs (54 percent) say they are very confident in their business growth prospects in the next three years, as compared to a global average of 49 percent, show the results of PwC Global CEO Survey 2015 made public during the World Economic Forum in Davos, Switzerland on ...

M&A worth recorded 1.2 billion euros in 2014

Wednesday, January 28, 2015

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The market in Romania recorded mergers and acquisitions worth some 1.2 billion euros in 2014, a level similar to that in 2013, according to a PwC Romania analysis released on Monday.The total value of Romania's mergers and ...

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