Tuesday, December 16, 2014
Monday, November 17, 2014
Saturday, October 25, 2014
Wednesday, October 22, 2014
Monday, December 2, 2013
Saturday, November 23, 2013
Tuesday, November 19, 2013
Monday, November 18, 2013
All EU budgets have to be approved by The Bundestag - did anyone know ???
Hopefully, in their blind obedience to Merkel and co, the amazingly stupid and corrupt EU Commission will have gone yet another step too far. If You are Italian or Spanish and you read the headline in your local paper that the EU wants to make you poorer and take more power to themselves from your Government.
I think ropes and lampposts are in order for the EU Commissioners if they go much further.
Spain and Italy have been warned that their budgets for 2014 are in breach of European Union rules as Brussels uses new powers to force governments to revise spending plans before national parliaments vote on them. France was also cautioned that plans for painful economic reforms represent only "limited progress" as the European Commission exercised new eurozone powers in a historic shift of sovereignty away from elected governments. "Because in an economic and monetary union, national budgetary decisions can have an impact well beyond national borders, member states have given the commission the responsibility," said Olli Rehn, the commission vice-president in charge of the euro.
Wednesday, October 30, 2013
Czech's want out of the European Union - the desperation vote...
Thursday, October 24, 2013
Sunday, August 25, 2013
Friday, August 23, 2013
Sunday, June 9, 2013
Gas-land and the EU goons
- Fracturarea hidraulică e o metodă extrem de periculoasă de extragere a gazelor naturale, care ne poate otrăvi apa, aerul și solul.
- Chimicalele (peste 500 de substante chimice ce pot provoca diverse tipuri de moarte) folosite pentru forare sunt toxice și pot contamina apa în urma unor scurgeri sau accidente; pentru foraj sunt necesare milioane de litri de apă, ceea ce poate epuiza rezervele locale.
- Apa reziduală rezultată în urma fracturării conține substanțe radioactive și chimicale toxice și este extrem de periculoasă, ceea ce face depozitarea ei extrem de dificilă și riscantă.
- În urma fracturării hidraulice, gazul natural poate “migra” în rezervele de apă potabilă, punând locuințele și fântânile din vecinătate în pericol de explozie. În SUA au fost documentate peste 1.000 de cazuri de contaminare a apei în apropierea zonelor de extracție.
- Fracturarea hidraulică accelerează schimbările climatice și este asociată cu alunecări de teren și cutremure (sursa: http://www.avaaz.org/ro/spune_nu_fracturaerii_hidraulice_an_romania/?pv=13)
Friday, December 21, 2012
Thursday, September 13, 2012
The EU is the nightmare that just keeps growing
004.0724.58.1078
PROXEMIS - Managementul Riscurilor
Saturday, July 28, 2012
The eurozone is bust.
Sunday, June 24, 2012
La Signora No in Italy
Monday, May 28, 2012
The European Union has abrogated the Rule of Law
Thursday, November 11, 2010
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UniCredit Ţiriac Bank ended the third quarter with 67 million RON (almost 16 million euro) net profit, down 6% compared with the same time last year. Nine months into the year, net profit amounted to 215 million RON (52 million euros), a 15% decline compared with 18% in the first half.Operating revenues exceeded one billion RON (245 million euros) nine months into the year, up 15%, while the credit portfolio rose by 13%, to 13.3 billion RON (3.1 billion euros). Midyear, the lending increase stood at 11%, with the Italian group continuing to apply the strategy designed to boost the loan market share.
Thursday, October 21, 2010
Fate of the Romanian Economy in 2011 depends on talks with IMF
Romania could find out in about two weeks' time if and how much economic growth it will see next year, what the main taxes will look like - flat rate, social contributions, VAT, what the new arrangement to be signed with the IMF in spring will look like and implicitly how big the RON/euro exchange rate volatility will be.
The first official talks between the IMF's review mission and the authorities began yesterday.Jeffrey Franks, the mission chief, says the Fund's forecasts regarding the Romanian economy could be adjusted, but not significantly.Forecast modifications have become a current practice over the course of the arrangement sealed in the spring of 2009, with the IMF so far only revising its calculations for the worse, after failing to anticipate the economic trends. Now the Fund expects a 1.5% GDP growth for 2011.The final forecasts will be an essential tool towards building next year's budget. The draft that recently featured in the press but has yet to be officially assumed is already suspected of overestimating the revenue potential. Things are made even more complicated by the chaos on the political scene, which was reflected yesterday in the Parliament in the decisions on introducing a 5% VAT rate on basic food items and on exempting from taxation pensions of less than 2,000 RON, after there had been talk of taxing all incomes of this type.If these decisions are politically assumed, by the head of state inclusively, attempts by the main ruling party PD-L to talk to the IMF about cutting the flat rate to 12%, cutting overall social contributions to 41% and increasing the minimum wage to 700 RON will fail.