Montag, 26. Juli 2010

Das vor kurzem hoch gelobte Wirtschafts Wunder von Bulgarien und Rumänien zerbröselt

Eine der Luft Blasen, der Betrugs Banker und Projekte Entwickler im Balkan, löst sich in Luft auf.
 Da ist Nichts mehr zu retten, bei soviel Milliarden, welche vor allem Österreichische Betrugs Banker, aber auch Deutsche Banker dort mit Betrugs Projekten verbuddelt haben.

ROMANIA LIBERA The value of Romanian workers’ remittances dropped from Euro 5.156 bilion in 2008 to Euro 3.026 billion in 2009. Nevertheless, Romania continued to be second in the EU when it comes to the level of remittances, Eurostat shows.

Romania to Sell Stakes in Major Energy Companies

Bucharest | 22 July 2010 |

According to a draft executive decision, Romania plans to sell a 15 per cent stake in three key energy and gas companies: Transelectrica, Transgaz and Romgaz. "We are committed to selling the stake in the main local utilities. The brokers that will manage the public offerings for the three companies will be selected at auction. The authorities will set up two committees to coordinate and monitor the sales and a third committee to unfold a secondary public offering for Romgaz, which is not listed on the Bucharest bourse," the document said.
Analysts at Wood & Co. estimated the state could raise some 290-370 million euros from the sales. The cash-strapped Romanian government previously said it intends to use privatisation money solely to fund infrastructure projects.

IMF Begins Review Mission in Romania

Bucharest | 26 July 2010 | Marian Chiriac

IMF headquarters in Washington D.C.
IMF headquarters in Washington D.C.
An International Monetary Fund team on Monday started talks with Romanian authorities over drastic action to cut back public spending following a €20 billion bailout package signed last spring. The mission comes four weeks after an austerity plan, including cuts to the workforce and a 25 per cent slash in public sector wages, became effective.
The government had also planned to cut pensions by 15 per cent, but the Constitutional Court ruled the measure anti-constitutional, forcing authorities to raise the VAT tax on goods and services instead.
"We are confident that Romania will comply with all requirements and a new installment of help from the IMF and European Union will be disbursed soon," said Finance Minister Sebastian Vladescu.
Following the IMF review, Romania should receive the sixth disbursement of its loan, worth €900 million.

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