Word Count: 2348 You cannot even imagine how excited I was to read this: A programme launched by the finance ministry on Friday now makes available monthly budget execution data for the country’s roughly 17,720 state institutions, including parliament, ministries, city halls, schools and hospitals. . “Any citizen, company and taxpayer can now see how public funds are distributed and how they are spent by … Continue reading The Ballad of the Budget of Marisel
The other day, after briefly mentioning how Kroll’s second report is now a month overdue (with no information about when it will ever be released), I remembered that somewhere in my archives I had a copy of the original Kroll report from April 2015. It’s a rather long and “boring” document but it is written in English so I sat down and read it thoroughly. … Continue reading The Theft of the Century
They always say that if you want to make a little money, rob a bank, but if you want to make a ton of money, become a banker. I guess the Romanian government agrees: The government has appointed Manuel Costescu, an investment banker at JP Morgan, as state secretary in charge of the Department for Foreign Investments and Public-Private Partnerships (DPIIS), according to a decision … Continue reading Banker Hired to Sell Romania
Word Count: 3843 Let’s start off with the good news. The Romanian Ministry of Culture, in conjunction with the Ministry of the Environment, Forests, and Water, officially added the Rosia Montana area to the list of sites to be considered by the United Nations as a UNESCO World Heritage Site. Should this go all the way to the finish (which will take a few years) … Continue reading The Saga of Rosia Montana
All Things Romania 