Down Goes Frazier

Well if you’ve been paying even the slightest attention to the news (about Romania) then you know the government has “fallen”. Even my old nemesis The Economist couldn’t help chortling about governments that last “like mayflies” since the PDL/UDMR Superstar Cabinet of Ministers™ only lasted just under 3 months. Everyone in the foreign press has been saying that this has to do with “austerity measures” … Continue reading Down Goes Frazier

Dude, Have You Seen My Bank?

Sometimes you really can’t make this shit up. Link is in Romanian but my translation of the first paragraph is: Because there are no commercial banks in Romania which support agriculture, Romania needs a bank to finance agriculture and help farmers said the Minister of Agriculture, Stelian Fuia. Jeez, if I remember correctly, Romania used to have an Agriculture Bank. In fact, they had one … Continue reading Dude, Have You Seen My Bank?

The Ballad of Cupru Min

Well as I’ve written about before, the Pig Man and the Daddy Isarescu had big plans for Romania in 2012 with the first step to be selling off equity shares (or the entire company) of some of the last of this country’s state-owned firms. The first one on the block was Cupru Min (literally “Copper Mining”), a company that has rights to several large copper … Continue reading The Ballad of Cupru Min

Did We Mention How Awesome We Are?

Well the unsleeping eye picked up a new report (PDF) about just how Romania is doing in terms of making the IMF happy. You can certainly click on the link and read the entire thing, acronym and jargon-filled as it is, but if you want to save yourself some time I’ll sum it up for you in one sentence: “Damn we’re so awesome for lending … Continue reading Did We Mention How Awesome We Are?

Having A Laugh

With the new computer, the unsleeping eye grows ever more vigilant and today it picked up two interesting stories. The first is here and although Realitatea has the video of it on their site, I haven’t seen them play it on on their television broadcast (nor any other channel show it): Şeful delegaţiei Fondului Monetar Internaţional (FMI) în România, Jeffrey Franks, a început a râde … Continue reading Having A Laugh