Poking the Giant

In response to your letter on December 19, 2018, asking the Central Bank of Romania’s opinion on the emergency ordinance to raise taxes, we hereby send you a series of analyses that we have conducted. We would also like to mention that since we only had a limited amount of time to prepare this report, our conclusions must be considered merely preliminary in nature.

Romania’s Vegetable Gene Bank

Romanians are rightly proud of the savory taste of their locally-grown fruits, nuts, seeds, and vegetables. But few know that this important piece of Romanian heritage is being preserved by just one small institution. My translation: The delicious terroire of heritage tomatoes, which were grown 50-60 years ago in Romanian fields, are preserved with special…

Throwing Grenades at a Banker

Well this is spooky. Just a day after the IMF published a report crediting the Moldovan Central Bank for doing a remarkable job of containing problems: Prosecutors say a grenade was lobbed and exploded at the house of the outgoing governor of Moldova’s central bank. There were no casualties. Prosecutors said windows were broken and…