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.

12 Charts About Romania

Here in Chisinau, I’ve met plenty of self-hating Moldovans who truly believe that Romania is some kind of paradise. Romanians, too, are largely glib about the problems that their country is facing.

Time for some real talk.

The Ballad of the Budget of Marisel

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…

En Garde, IMF!

It’s no secret that I have almost zero respect for Romanian journalists and bloggers. But I am starting to get a serious writer crush on Moldovan journalist Vitalie Calugareanu, who has been writing (literally!) the only decent analysis I’ve seen anywhere in the Romanian language on what’s going on in the Republic of Moldova. Because…

Every Man for Himself, and May the Devil Take the Hindmost

Word Count: 729 Every time a Moldovan tells me how great it would be if the unirea (political union with Romania) would happen, I always ask them the same question. “Why in the world would you want those fucking crooks in charge of your life?” In Romania, just a week after siccing the dirtbag police…

What’s it good for?

I saw with only a modicum of surprise that Romania signed the papers to buy 12 F-16 fighter planes from Portugal the other day for a cost of 638 million euros. This plan has been in the works forever as the United States has been pressuring Bucharest hard for years to buy these planes and…

How To Budget Your Money

Yesterday I was perusing books in a local store and came across an old “classic” in business literature that I’d read years ago (in English). The central idea on the back of the book was “if you haven’t learned about how to handle money, then how are you going to know how to handle money?”…