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(07.06.2010 8:37)
The Ministry of Economy is inviting companies to submit their opinions and information about the number of authorizations, permits, certificates and other documents needed to start a business by June 15. Afterward, the state regulatory reform commission will analyze the information and decide which of these documents are not needed, Info-Prim Neo reports. A register of the required documents will be compiled to ensure the transparency of the issuing process. The commission will consider the possibility of reducing the costs incurred by the companies and of authorizing the Licensing Chamber to issue the documents instead of the ministries. Deputy Prime Minister and Minister of Economy Valeriu Lazar expressed his optimism about the effectiveness of such a move. “The 'guillotine' is now at the first implementation stage.
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Oil price drops on US economy fears (
25.08.2010 16:27 )
Poor US housing data was a factor behind the fall.
Brent crude was down $1.36 to $72.38 a barrel in London, compared with $77.35
last week and $80.06 a fortnight ago.
While the poor US housing data was a factor behind Tuesday's fall in the oil
price, US oil stocks have also reached a record high in recent weeks.
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Investors turn to linkers and gold to hedge uncertainty
(04.09.2010 1:14)
In 2002, Ben Bernanke deemed deflation such a threat to the US economy that he referred to Milton Friedman’s “helicopter drop” – the figurative notion of handing out cash to the public to stop falling prices – in one of his most memorable speeches.
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German Central Bank Seeks Sarrazin's Ouster (
03.09.2010 22:27 )
BERLIN—Germany's central bank is seeking to oust Thilo Sarrazin, its controversial board member whose comments about the dangers of Muslim immigration have drawn accusations of racism and sparked a national debate about Germany's poorly integrated ethnic minorities.
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Gold Settles Down; Traders Move to Stocks (
03.09.2010 22:29 )
NEW YORK (TheStreet ) -- Gold prices lost steam Friday after a better-than-expected U.S. jobs number tamped down double-dip recession fears and led investors to dump gold for stocks.
Gold for December delivery settled down $2.
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