euro|topics - Daniel Oanta

22/11/2008

English
Deutsch
Français

Español

Oanta, Daniel

2 articles of this author have been cited in the European Press Review so far.

Cotidianul - Romania | 19/11/2008

Buy Romanian products

The Romanian head of state Traian Basescu plans to trade in his German Volkswagen Golf for a Dacia produced in Romania and calls on his fellow citizens to buy Romanian products as a means of countering the recession. The daily Cotidianul comments: "Traian Basescu is right. The collateral damage our industry is currently experiencing is not made in Romania, it is being generated by imports. Under such conditions state aid aimed at enabling companies to continue producing is not only sensible but obligatory. ... Another thing that's for sure is that for an undetermined period the model of economic growth based on consumption, debts and imports will no longer function. To minimise the negative impact of the global crisis Romania must reduce its dependence on foreign financing by cutting imports. ... So in the meantime buy as many Romanian products as possible, as Basescu has told us to do. This won't solve the problems, but it will help."

Cotidianul - Romania | 27/05/2008

Spiralling oil price the result of speculation?

Daniel Oanta writes about price speculation on the global oil market: "Romania has its own oil reserves worth around 45 billion euros, so it can easily absorb the impact of the spike in oil prices and should under no circumstances allow itself to be guided by international fuel prices. ... The consequence of spiralling prices for raw materials will be a general rise in prices, hand in hand with higher food prices and a depreciation in the value of the lei. This will affect economic growth. ... Moreover, the rise in oil prices is largely the result of speculation. Billions of euros in investments have stoked up the market and now those speculators who made the wrong choices are trying to escape the impact on the oil market. The new price has nothing to do with demand. There is enough oil on the market, there is no crisis and the reserves are more than adequate."

» Index of Authors

Bookmark this page at