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4% decrease in the economy

The perspectives of the global economy remain "unusually uncertain", warns the World Bank. The institution has negatively revised its prognoses regarding the economic growth in 2009, forecasting a decrease of 4% of the...

The First 100 Days: New American Engagement for the 21st Century

James L. Jones, U.S. National Security AdvisorOne hundred days ago, the United States celebrated the inauguration of our 44th President.  Many around the world joined us in celebrating what was an historic...

Romania to take the infringement test

Romania has three months to catch up with the things it should have done in the past five years as far as the integrated waste management is concerned and to comply with EU standards. This week, the authorities in Buchar...

The unemployment rates increase every month

Thousands of employees will remain without a job this month. An increasing number of larger or smaller companies announce personnel dismissals throughout the country. The critical situation of the economy has also affec...

IMF Delegation To Meet Banking Groups In Vienna Re Lending Of Romania

Sources in the banking system told Mediafax news agency that the IMF delegation visiting Romania will also meet the presidents of the main foreign banks having subsidiaries in the country, which are in fact responsible...

Carol singers

I have bad news. Traian Băsescu is preparing to repeat the same scenario. The President is ready for early elections, Mr. Lazaroiu calmly says. In this variant, the elections do not matter any more. The star of...

The change of face and the change of mind

The election of Barack Obama as President of the U.S. with the slogan “Change” has excited the whole of humankind. The victory of the “Change” in Washington seems to have instantly changed the...

No great coalition, just a large opposition!

PSD won the parliamentary elections with a minimum advantage. This advantage offers it the possibility to govern or to refuse the Government. Who is the crazy person wishing to be in a minority government or in a...

The international economic context

The recession that includes the largest EU economies severely hit our economy; over 2 thirds of our commercial exchanges are with the EU and most of the Romanians working abroad use the single work market. In order fo...

Europe and the New World Order

BERLIN – November 15, 2008, is a date to remember, because on that day history was made. For the first time, the G-20, the world’s 20 leading economies, came together in Washington, D.C., to find an...

Ionel Blănculescu: The crisis will hit hard the real economy

After the crisis of the houses of savings in '89 in the U.S., a structure for the recovery of claims was created. The state has allocated 400 billion dollars at that time. After the bankruptcy of Credit Lyonese, the...

Snakes, oil, Romanians and Ukrainians

This is not a film title. And, actually, it is more about natural gas, which could be found in an area of nearly 12,000 square kilometers in the north-west of the Black Sea. And that would allow Romania to...

Come to our little crisis ...

The financial crisis in the United States and Europe got to us as well in the form of an emotional vortex. Due to the governmental complaints at the Constitutional Court in relation to groups 1 and 2 of pensioners, pl...

Europe after the crisis

The economical logics forces Romania to urgently solve a big problem: competitiveness. This is because the top of competitiveness, before the global financial crisis, doesn’t offer Romania a honorable place....

Wanted: An Arab Jean Monnet

The Middle East is beyond doubt one of the most dangerous crisis regions worldwide. The next war, terrorist attack, or failed peace initiative may lurk just around the corner. Compared to the politics of this region,...

Realism about Russia

BERLIN – Russia’s strategy to revise the post-Soviet order in what it calls its “near abroad” will be pursued with even more perseverance following its victory over Georgia. Europe should have...

Treason scented Report

The European Commission will soon make public the report on freedom and efficiency of justice in Romania. This is a result of a special supervisory procedure applied for the Romanians to see how seriously they are...

The A2 Highway Constanta-Bucharest Will Be Ready In Two Years

No kilometer of new highway had been added in the past year to the Sun's Highway, linking capital Bucharest with the Black Sea port of Constanta. No kilometer of new highway had been added in the past year to the Su...

Civis romanus sum

During the glorious days of the ancient Rome, when a citizen of the empire traveling around the world was facing a threat of some kind, he only had to say: “Civis Romanus sum” (I am a Roman citizen) and...

“A hundred years of Rotary”

Rotary is a worldwide entity of more than 1.2 million business, professional, and community leaders. Some of them were or are great personalities in politics, diplomacy, business or culture like US president Jimmy...
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