POLITICS
15 articole · RSS
Romania Needs Investors And Capital, Not Political Battles For All Europe To See
While USL fights to suspend president Traian Basescu, the leu’s fast depreciation continues, absorption of EU funds is catastrophic and foreign investors are becoming nervous.
While Politicians Continue Their Fight, The Economy Takes Losses
As politicians continue their battle that culminated on Friday night with the suspension of Traian Basescu as president of Romania, sending him to face a popular vote on whether to keep him...
Political Instability May Cost Romania EUR1 Million A Day Because Of Higher Interest Rates
The persistence of political turmoil affects Romania’s perception by foreign investors and may lead to higher borrowing costs, which in turn will have a significant impact on the spending on...
Political Instability Worsens As Romanians Vote To Keep Or Remove President From Office
The start of suspension proceedings against president Traian Basescu makes way for a long period of uncertainty because after suspension will come weeks of campaign ahead of the referendum w...
Politicians Replaced Transelectrica CEO Five Times In Three And A Half Years
All the politicians in office at the Economy Ministry over the last four years have felt they had to appoint new chief executives at Transelectrica (TEL.RO), the company that operates the na...
CEOs To Politicians: Lack Of Order And Of Competence In Administration Are Undermining Business
The lack of order in the administration and the lack of competence of decision makers, fiscal shocks and uncertainty over business-oriented legislation are stifling business more than the in...