Romania: Delayed Recovery Now Expected
Romania’s economy is not yet out of the woods and recent turmoil in the European financial markets has heightened risks. The IMF expects a modest decline in real growth for 2010 as a whole, with a strong recovery on the cards for 2011. Prior to the crisis, foreign capital had fueled consumer spending and led […]
The EU SPV
(Kenneth Anderson) Anna Gelpern’s post on the Roubini blog (that I posted on earlier) had an interesting point I wanted to follow up. She remarks in passing, “apropos commitment, isn’t it interesting that the European Commission will issue collateralized debt ( secured by its €141bn budget )?” Indeed, and even more interesting that the […]
Bingham’s football fame deservedly honoured
Northern Ireland’s greatest manager, the man everyone who has been in charge of the country since his retirement in 1993, has tried desperately to emulate, last night joined Northern Ireland Football’s Hall of Fame. Billy Bingham’s remarkable achievements in leading Northern Ireland to back-to-back World Cup finals in the 1980s as well as the 10 […]
Statement by IMF Mission Chief for Romania
A joint mission from the International Monetary Fund (IMF), the European Commission (EC), and World Bank (WB) visited Bucharest from April 27 to May 10 to review Romania’s program. “We have reached agreement at staff level on the fourth review of the Stand-By Arrangement. Subject to approval by IMF Management, and, subsequently, by the Executive […]
U.S. allies to bolster armored vehicle fleets
Navistar produces a Mine Resistant Ambush Protected truck designed for Afghanistan. The company will begin sending 70 new trucks to U.S. allies by the end of June. WASHINGTON Coalition forces in , in urgent need of protection from roadside bombs, have sought hundreds of the U.S.-produced armored trucks known as Mine Resistant Ambush Protected […]
Serena survives epic in Madrid opener
Serena Williams was relieved after winning her marathon second-round tie against Vera Dushevina on Monday. (CNN) – World No. 1 Serena Williams survived the longest match of her career to bounce back from her Rome disappointment and reach the third round of the Madrid Open on Monday. The American was kept on court for almost […]
SCOP Computers si CA lanseaza noua versiune CA ARCserve
Compania CA lanseaza in Romania, prin SCOP Computers, noua versiune a familiei de solutii CA ARCserve. Noua versiune include solutii destinate protectiei, recuperarii si disponibilitatii datelor, aplicatiilor si sistemelor: CA ARCserve Backup, CA ARCserve Replication, CA ARCserve High-Availability si CA ARCserve D2D – o solutie inovativa destinata recuperarii aproape instantanee si reducerii drastice a spatiului […]
ACD lanseaza prima editie a International Digital Forum
Asociatia pentru Comunicatii Digitale (ACD) a lansat astazi prima editie a International Digital Forum (IDF), un eveniment anual dedicat implementarii tehnologiilor digitale in Romania. Aceasta prima editie a IDF 2010 se va concentra oportunitatile si provocarile pe care tara le va avea in aceasta tranzitie de la analog la digital, care trebuie incheiata pana in […]
Top Greek lender relying on Turkey for growth
A general view of the Finansbank headquarters is seen in the Mecidiyeköy neighborhood of Istanbul. Bloomberg photo Greece’s largest bank is relying on Turkey to pull it through an economic crisis at home. The National Bank of Greece, or NBG, plans to open 75 branches from Ankara to İzmir this year to benefit from Turkish […]
Des avions perturbes par de fumeux nuages de cendres…
Il ya toujours eu des eruptions volcaniques. Beaucoup ont ete pire que cette eruption d’Avril 2010 en Islande. Pourtant aucune n’ont causees autant de problemes pour les compagnies aeriennes. Par exemple, le plus grand volcan d’Europe, l’Etna en Sicile, a eclate en 2002. Les images satellites ont montrees des centaines de kilometres de fumee, mais […]
