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Bortos, Iulian
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2 articles of this author have been cited in the European Press Review so far.
Higher petrol prices improve Bucharest air
The price of petrol has risen dramatically in Romania in recent months, leading to a 29 percent month-on-month decrease in petrol sales in January. The business paper Capital suspects there has been less traffic in Bucharest as a result: "Bucharest is the dirtiest capital in the EU. Seventy percent of the blame lies with motor traffic. There are 1.2 million cars in the capital (1.57 inhabitants per car) and on average at least a million other cars drive through the city every day. ... Now however even on weekdays there seems to be no more cars on the road than on the weekend. That's by no means a bad thing. Drivers now have an historic chance to use the rapid transit system and watch petrol sales drop. What sweet revenge! And let's not forget, with the decline in traffic ... the air we breathe will get cleaner every day."
» full article (external link, Romanian)
More from the press review on the subject » Environmental Policy, » Energy, » Consumers, » Romania
Romania cannot get along without foreign partners
Prime Minister Popescu-Tăriceanu has declared that the Romanian economy must focus on companies founded on domestic capital while President Traian Basescu has called for consumers to buy more domestic goods. The business daily Capital considers a purely nationalist approach to be naïve: "The numbers speak for themselves. Romania's exports ... depend by up to 70 percent on the products of multinational firms. It's true that foreign companies account for more than 50 percent of imports, but it would be wrong to say that we're just talking about food, clothes and vehicles here. There's also equipment for production lines. Romania's first trade partners were also those who have made large investments in the country. Without these investments it is unlikely that many of the domestic companies would have been able to adjust quickly and efficiently to the demands of the external market. ... Whether we believe it or not: those 160,000 companies with foreign capital are just as important for the economy as the half a million domestic companies. Therefore the two statesmen would have done better to remain silent."
» full article (external link, Romanian)
More from the press review on the subject » Trade, » Corporations, » Romania
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