April 30, 2009
Gheorghe Iaciu, the businessman who sealed one of last year's top deals, by selling 50% in Expo Market Doraly to a fund of the largest European bank HSBC, believes the depreciation of the Romanian currency starting with the autumn of last year has spooked investors, which is why keeping the exchange rate in the 4-4.3 RON per euro should be a major target for the authorities.
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Thousands of people protested on Satuday in Paris against the campaign of French authorities to expel gypsies and the new security measures adopted by authorities, AP informs. Organizers declared that similar protests were organized...
IMF Romania chief Jeffrey Franks met on Sunday, with the new Finance minister Gheorghe Ialomitianu. Franks declared, after the meeting that the main taxes in Romania should be maintained next year at their current values. Read More →
Over 87% of votes in the Republic of Moldova were in favor of the direct election of the President, according the preliminary data offered by the Central Electoral Committee, HotNews.md notes. 12.82% voted against. Read More →
29.05% of Moldovans with a right to vote turned out to vote on Sunday, Moldovan Electoral Committee president Iurie Ciocan declared in a press conference. To be validated, a 33% turnout was necessary. Read More →
This is a tough week for representatives of some local banks like Volksbank, BCR, Bancpost, Raiffeisen Bank as they will face a new wave of dissatisfaction coming from clients that feel double crossed by credit institutions. The...
One newspaper on Monday read about the priorities of the new ministers of the Boc cabinet. In an interview, the new Finance minister Ialomitianu talks in detail about his plans. Elsewhere in the news, Dan Diaconescu, the TV media...
Half of about 50,000 members of the National Police Union are decided to cease their activity in the upcoming period, unsatisfied by the decrease of salaries with percents of about 40%, the union leadership announced, quoted by the...
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