Articole scrise de Cristian Pantazi, transl. V.O.


1 - 3 din 3 rezultate
1.​OPINION "Uzbekistanisation" of Romania - a country on a brink US Secretary of State Hillary Clinton on Thursday gave a terrible blow to the double-faced policy promoted by Romania's governing coalition of Social Democrats and Liberals (USL), who are wearing a pro-Western mask before foreign officials and journalists while launching furious attacks on institutions and ignoring any economic reform when at home.  Clinton held a tough speech in which she mentioned Romania along former USSR countries and Hungary as countries with democratic difficulties. The speech came a few days after European Commission officials had sent the least wanted message from Brussels, the Commission is unwilling to conclude a new precautionary accord along the IMF in 2013 because Romania has not fulfilled its promises in the current accord. The two pieces of news mean two things: Romania's access to funding will be more expensive, while investors are to avoid Romania.
2.Opinion: Romania matters A very tough report of the European Commission on Romania's Justice system this week and the unexpected visit to Bucharest of the British Foreign minister were just as many cold showers for the people now in power in Bucharest. Their immediate effect was a decision by the Parliament to maintain a rule that 50%+1 of the registered voters have to cast their ballots in a referendum to dismiss suspended President Traian Basescu late this month. As a long term effect, the signals mean something else as well: Romania is no longer by itself in a world which invested in it both economically and geo-strategically.
3.Incapable state: the troubles and causes of failure to sell stake in OMV Petrom oil company A recent attempt of the state to sell 9.84% of shares in major Romanian oil company Petrom (majority owned by OMV) has failed as investors who responded to the offer managed to underwrite less than the 80% of the shares, which was the minimum required. Let's presume the Government led by Emil Boc really wanted to sell the Petrom stake (If they only claimed so to please the IMF then people responsible should be judged for high treason). The failure of the Petrom share sale filtered through a government crowded with impotent officials: from the politically semi-illiterate PM Emil Boc to Florin Vladan, an obscure official who negotiated on Romania's behalf despite not even Google has ever heard of him. One should not forget catastrophic Economy minister Ion Ariton, one of the weakest ministers of the past two decades. Let's consider the causes of the failure one by one.


ESRI

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