Looks like Romania’s economy is still not doing very well, primarily due to government mismanagement. From here: The issue ratings on Romania’s senior unsecured foreign and local currency bonds have been affirmed at ‘BBB-‘and ‘BBB’, respectively. The Country Ceiling has been affirmed at ‘BBB+’ and the Short-term foreign currency IDR at ‘F3’. The ratings from Fitch are explained here. Essentially, AAA is the best, then … Continue reading BBB-
I was enjoying a quiet Saturday morning when the Unsleeping Eye brought me this rather dry announcement (in Romanian). Say what? My translation: Along with potential price hikes in the cost of food as the result of a 2 lei per kilogram packaging tax, Romania could face sanctions [by the EU] as a result of not reaching recycling goals. That 2 lei (about 50 euro … Continue reading Rut Roh
Here’s an interesting story if you don’t mind a bit of hyperbole: Huge financial efforts, determination and manpower dedicated to protecting a species that was close to extinction in Europe 100 years ago went down the drain in Romania, after a pack of feral stray digs attacked and killed some of the very few bison in the Southern Carpathians. This story was written by a … Continue reading Wild Dogs Kill Romanian Bison
It’s another day of bitterly cold temperatures and another day of protests here in Chisinau, the capital of Moldova. Unfortunately for me, I was swamped with work and unable to go see the protests firsthand but my wife was in the area and reported that the protests were more strident than ever. For some bizarre reason, the foreign press keeps on misspelling names, such as … Continue reading Storm Clouds Gather in Moldova
What happens when a foreign photographer who speaks no Romanian travels to the country and takes high-res photos of gypsy palaces? Pure comedy, of course, as well as some really nice pictures. Click on the link for the full experience. I guess Cuvelier never asked where all that fabulous wealth came from LOL Continue reading Inside the Fabulous Homes of “Gypsy Queens”
All Things Romania 