March 5, 2014

Confiscation of large sums of money from eight football heavyweights sentenced to prison
Mar 5, 2014

Confiscation of large sums of money from eight football heavyweights sentenced to prison.
The Bucharest Court of Appeals (CAB) ordered on Tuesday the confiscation of large sums of money from the eight heavyweights of Romania's football sentenced to imprisonment in the Transfers case.
[Read the article in Agerpres]

Iasi-Ungheni pipeline inaugurated by Romanian and Moldovan PMs The Iasi-Ungheni pipeline was inaugurated on Wednesday by the Prime Minister of Romania and the Republic of Moldova, Victor Ponta and Iurie Leanca respectively. PM Ponta said on this occasion that the natural gas from Romania will not only be cheaper, but following this project the R. of (...)

IMF's Christine Lagarde ‘under investigation' French authorities have formally opened a negligence investigation into Christine Lagarde, the head of the International Monetary Fund (IMF), the BBC informs. She has been questioned about her role in awarding 400m euro in compensation to businessman Bernard Tapie in 2008. She denies (...)

Controversial draft on political affiliation of local elected officials published on Development Ministry website The draft ordinance that would allow local elected officials to opt, within ten days since its coming into force, for the political party they want to be part of, without losing their mandates gained in the previous election, was published on the website of the Ministry of Regional Development (...)

Subsidies for social insurance budget total RON 7.88 bn in first seven months The subsidies for the social insurance budget, from which the state pays pensions, totaled 7.88 billion lei in the first seven months of 2014, according to the Ministry of Public Finance (MPF). The total revenues of this budget amounted to RON 30.38 billion lei, and total expenditures stood at (...)

Brokers: investing in energy companies can yield 3-5 times more than bank interests The top six energy companies listed on the Bucharest Stock Exchange (BVB) have important gain potential, 3-5 times more than bank interests, the stock broking firm Tradeville asserts. The high earning potential is especially due to expected dividends, which are among the most attractive on the (...)

Romania not yet ready for decentralization of tourism classification, authorization The tourism decentralization strategy drafted by the Department for SMEs, Business Environment and Tourism (DIMMMAT) is unwelcome, as it would be a change with no benefit for the industry development, the founding president of the National Association for Rural, Ecological and Cultural Tourism (...)

Office space transactions total, in Bucharest, over 132,000 sq m in H1, survey says Office space transactions totaled, in Bucharest, in the first six months of 2014, over 132,000 sq m, and in the rest of the country – 15,557 sq m, according to the ESOP-centralized data, through the Forum of the most important real estate consulting companies present in Romania.Bucharest aside, (...) : all romanian news. Copyright © DIRECTWAY | RSS Romaniapress NEWSNews RSS |