Senior Editor
Iulian Anghel
- Fields
- Social/Politics, Macroeconomics, Health
- Writing for ZF since
- 2011
- Articles
- 15
Bucharest City Hall Forced To Cut Budget By RON1B
The Bucharest City Hall has to find solutions for drastic budget cuts of 1 billion lei (EUR230 million) this year, as revenues are dwindling and the institution has already run out of the ca...
French Ambassador: In Business The French Trust Romanians
After four years and a half spent in Bucharest as the leading diplomatic representative of France, Ambassador Henri Paul, currently at the end of his term, will return to Paris to the French...
Romania’s Public Debt Rises Despite Examples Of Devastating Consequences Thereof
The sovereign debt crisis that threatens to choke the euro zone and the entire European Union with it, calls for steps throughout the entire Europe to contain it by cutting government spendi...
EC Unfreezes EU Funds, EUR1B Bills To Be Refunded To Romania
The European Commission will announce Thursday it unfreezes EU funds through the Regional Operational Program (POR), and the procedure of refunding eligible costs for the other programs will...
Tough Month For Government: How Will Romania Escape The Approaching Storm?
Romania has entered a really tough month. The government in Bucharest is faced with five major challenges amid the international turmoil. With a mission of the International Monetary Fund on...
2.2 Million Homes, 5.5 Million People Surveyed In First Three Days Of Census
More than 2.2 million homes and over 5.5 million people were surveyed in the first three days of the census (October 20 through October 22), the National Statistics Institute announced Sunda...
Can A VAT Cut Be Considered When Drafting The 2012 Budget?
The first discussions on the draft budget for 2012 bring about the first scenarios. The Government is due to send the draft budget for 2012 to Parliament by October 15th, at a time when econ...
Bucharest Seeks To Borrow EUR800M
Bucharest's General Council on Wednesday is discussing borrowing EUR800 million to be used to restructure debt and for future projects. If the councilors approve the project, and the Finance...
Pension Reform Widens Pension Fund Gap By EUR1B. What Did The Reform Mean, Then?
The much-talked about pension reform is adding EUR1 billion to the pension fund gap. While last year, during discussions about the new pension law, officials maintained reform would mean add...
Officials Warn: Any Excess In The Fiscal Or Monetary Policy Could Compromise Fragile Balance
After several days of downtime, shying away from publicly sketching scenarios meant to counter the new crisis' prospective contagion effects on the economy, political and government decision...
Pharmaceutical Industry Ends Career Of 14th Health Minister In The Last 20 Years
Health minister Attila Cseke (the 14th minister in the last 20 years) on Thursday handed in his resignation, unhappy with the money he was allotted at the budget revision. Out of the EUR1 bi...
Government Halts Sending Reimbursement Bills To Brussels
President Traian Basescu has requested that the government stop sending the bills for the reimbursement of eligible expenses for European Union-funded projects to Brussels. This means that t...