Romania ranks 44th after being included this year, for the first time, in a World Economic Forum chart of the 57 most developed financial markets worldwide. Romania received a score of 3.05 on a one-to-seven scale. Romania is immediately outranked by Turkey (42) and Mexico (43), but outranks Hungary (45) and Vietnam (46).

*BNR Governor Isarescu: Economic comeback only after state layoffs – in Ziarul Financiar
*Romania, second highest number of corporate tax payments in the world – in Ziarul Financiar
*Drop in consumption affects the telecom market – in Ziarul Financiar
*After avoiding bankruptcy, Ves Sighisoara can't keep up with orders – in Ziarul Financiar
*Cosmote grows, Romtelecom reaps the benefits of launching NextGen – in Ziarul Financiar

Mobile telephony operator Cosmote Romania posted EUR 117.5 million in revenues in the third quarter of the year, up 8.5 percent on the same period last year, the company has announced. Its profit before taxes (EBITDA) was of EUR 23.3 million, an increase of 24.6 percent on the previous quarter, following the integration of Zapp operator.

Movies in Bucharest this week-end: Due Date, The Girl Who Kicked the Hornet's Nest, The Social Network. Check out the list of cinemas where these movies are screened and their trailers.

Calendar of events in Bucharest during the period November 5-7: concerts, parties, exhibitions

The Embassy is a lounge bar located in Piata Lahovari, in a very fine old building just behind Piata Romana. As you walk up to the bar it has a rather grand feel about it with its solid dark wood bar top and above your head a landing of matching dark wood banister with old paintings on the walls. The bar area itself has low tables with soft, sink-into sofas and chairs. I really like this bar in the afternoons as it has a very relaxed atmosphere and a great place to enjoy yourself while away a few hours with friends.

Club Gourmet organizes a Spanish food cooking demonstration on Friday, October 12, at the Alioli restaurant in Bucharest (4 Popa Tatu St. MAP), from 17, hours. The chef from Alioni will show how an authentic paella is made. The evening will also include a wine tasting and Spanish dishes.

An overwhelming majority of 91 percent of Romanian youth aged between 18 and 27 believe the country's economic situation took a turn for the worse in the past five years, found a survey conducted by Reader's Digest Magazine through pollster IMAS.

Madrid's IE Business School organizes an executive breakfast information session on November 19 in Bucharest, from 08,00...

The European Bank for Reconstruction and development (EBRD) has signed investments worth EUR 200 million for Piraeus Group's subsidiaries in Bulgaria, Romania and Albania as part of a package approved in July 2010. The aim of the financing is to provide medium and long-term debt financing through Piraeus Group subsidiaries in support of SMEs and corporate organizations for investment and working capital needs.

Romania ranks 44th after being included this year, for the first time, in a World Economic Forum chart of the 57 most developed financial markets worldwide. Romania received a score of 3.05 on a one-to-seven scale. Romania is immediately outranked by Turkey (42) and Mexico (43), but outranks Hungary (45) and Vietnam (46).

*BNR Governor Isarescu: Economic comeback only after state layoffs – in Ziarul Financiar
*Romania, second highest number of corporate tax payments in the world – in Ziarul Financiar
*Drop in consumption affects the telecom market – in Ziarul Financiar
*After avoiding bankruptcy, Ves Sighisoara can't keep up with orders – in Ziarul Financiar
*Cosmote grows, Romtelecom reaps the benefits of launching NextGen – in Ziarul Financiar

Mobile telephony operator Cosmote Romania posted EUR 117.5 million in revenues in the third quarter of the year, up 8.5 percent on the same period last year, the company has announced. Its profit before taxes (EBITDA) was of EUR 23.3 million, an increase of 24.6 percent on the previous quarter, following the integration of Zapp operator.

Movies in Bucharest this week-end: Due Date, The Girl Who Kicked the Hornet's Nest, The Social Network. Check out the list of cinemas where these movies are screened and their trailers.

Calendar of events in Bucharest during the period November 5-7: concerts, parties, exhibitions

The Embassy is a lounge bar located in Piata Lahovari, in a very fine old building just behind Piata Romana. As you walk up to the bar it has a rather grand feel about it with its solid dark wood bar top and above your head a landing of matching dark wood banister with old paintings on the walls. The bar area itself has low tables with soft, sink-into sofas and chairs. I really like this bar in the afternoons as it has a very relaxed atmosphere and a great place to enjoy yourself while away a few hours with friends.

Club Gourmet organizes a Spanish food cooking demonstration on Friday, October 12, at the Alioli restaurant in Bucharest (4 Popa Tatu St. MAP), from 17, hours. The chef from Alioni will show how an authentic paella is made. The evening will also include a wine tasting and Spanish dishes.

An overwhelming majority of 91 percent of Romanian youth aged between 18 and 27 believe the country's economic situation took a turn for the worse in the past five years, found a survey conducted by Reader's Digest Magazine through pollster IMAS.

Madrid's IE Business School organizes an executive breakfast information session on November 19 in Bucharest, from 08,00...

The European Bank for Reconstruction and development (EBRD) has signed investments worth EUR 200 million for Piraeus Group's subsidiaries in Bulgaria, Romania and Albania as part of a package approved in July 2010. The aim of the financing is to provide medium and long-term debt financing through Piraeus Group subsidiaries in support of SMEs and corporate organizations for investment and working capital needs.