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Doha Bank to enter Romanian market

February 28, 2007

Doha Bank, the fifth largest bank in Qatar in terms of market share, will open a branch in Romania in the coming three months, according to Dow Jones Newswire. Read more

Erste Bank group reports record profits

February 28, 2007

Erste Bank reported a 30.1% increase in its net profit last year, up to 932.2 million euro, the highest in the history of the Austrian financial group. The contribution of the recently acquired Romanian Commercial Bank-BCR was evaluated to 27.4 million euro, a company press release says. Read more

Anti-graft prosecutors take deputy to court

February 28, 2007

National Anti-corruption Department (DNA) prosecutors have taken to court Democratic Party-PD deputy Stelian Dutu for abuse in office against public interests. According to a DNA press release, Dutu is suspected of ill-intentions in the case where 3.3 million euro were lost by a local public institution in the county of Constanta. Read more

Romanian press review

February 28, 2007

The opposition Social Democratic Party (PSD) will present to a joint sitting of Parliament on Wednesday the request for the impeachment of President Traian Basescu; the European Commission approved the Operational Regional Programme; the Chamber of Deputies passed an ordinance on the setting up of the European Affairs Department; the Romanian president and prime minister attended a meeting reviewing the 2006 results scored by the Administration and Interior Ministry – these are the main topics covered by the Romanian dailies on Wednesday. Read more

Public service media in Romania and Bulgaria get full rights within European Broadcasting Union

February 28, 2007

Managers of public service media institutions in Romania and Bulgaria have presented a survey before EBU’s office in Brussels regarding the nature of their activity within the framework of international media. Read more

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