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Financial Press Review, 20 April

Articles from the dailies, Curierul Naţional, Ziarul Financiar and Bursa.

Financial Press Review, 20 April

Articol de Costi Dumăscu, 20 Aprilie 2011, 18:46

Today, the Curierul Naţional edition opens with a topic, apparently, based on sports, ‘Are we allowed to dream about organizing EURO 2020 or EURO 2024 championships?’

Actually, the daily reveals strictly an economic issue and counts on the fact that no matter where the World or the European football championships were held, the advances of organizing it could never be measured concerning stadiums, motorways, hotels and many people who wanted to get back to those places on other occasions, too.

What about us, nowadays? The Curierul Naţional enumerates: we have only two modern stadiums under construction, in Bucharest and in Cluj-Napoca; the road and highways network is disastrous; Bucharest cannot host more than a third from National Stadium’s capacity so there would fit only 50,000 people while all the hotels in Bucharest cannot host more than 15,000 tourists.

The Ziarul Financiar gives the start to the campaign ‘Bring the economy out of the bureaucratic control’. Firstly, the daily reveals how complicated it could be for common people to open the merest business, the ANP, ‘Authorized Natural Person’. One needs legal documents, permits, files and at least three times to go to institutions where to queue up seven rows. ‘It’s nothing but twaddle!’, as an applicant for natural person authorization declares for the Ziarul Financiar.

The Bursa outlines that ‘the Program “Prima casă” is the only way to get a mortgage. That is what the National Bank, business banks and housing developers think. Presently, both Bulgaria and our country have the lowest mortgage rate all over the European Union. This gap must be diminished or at least caught up, as the Bursa states, because in any other countries building industry is one of the most important things that helps GDP grow.

Finally, even the Financial Press Review writes about the ‘Botiş case’. The Ziarul Financiar reveals that ‘the conflict of interest, in which the Minister of Labour was involved, could influence the European funding for our country’.

The daily advertises the European Commission Labour Department spokesman’s statement, ‘Until clearing out the issue, there won’t be granted any money by means of the Sectoral Operational Programme Human Resources Development’.


Translated by: Cristina Anamaria Maricescu
MA Student, MTTLC, Bucharest University

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