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Deloitte: 2016, a record year for Romanian NPLs
With closed transactions of 3.5 billion EUR during 2015 and 2016, Romania has been the champion of the Central European…
RADET-ELCEN: Besides 260 million euro in grants every year, they need 2 billion euro in investments
The Bucharest taxpayers pay each year about 260 million euros from the local budget to the centralized heating supply system…
Romania would benefit from a sovereign investment fund – Konieczny
Creating a Sovereign Investment Fund could generate more value for Romania, the ministers will not spend much time anymore to…
Konieczny: State companies have wasted cash for years
State companies have no shortage of cash, and they have wasted cash for years, so there’s no reason why not…
Norway’s Government Pension Fund Global returns 6.9% in 2016
Norway’s Government Pension Fund Global returned 6.9% in 2016, with strong equities performance in the second half of the year,…
Funds prepare $2 billion oil market play as supply tightens
Passive investment funds are poised to shift an estimated $2 billion from far-term to near-term crude futures over the next…
Russia increases its gold reserves
In January, Russia continued to increase its gold reserves with a large purchase of more than one million troy ounces,…
Sorin Grindeanu proposed forming a ministerial team for new energy projects in the Black Sea
The Prime Minister Sorin Grindeanu talked on Monday, February 27th, during a meeting held with a delegation from the consortium…