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Wednesday, 08. February 2012 - 13:02

Breaking News:

Greens write off debt brake accord Greens chairwoman Eva Glawischnig has claimed the government stopped being interested in adding a debt brake to the constitution.
Electricity supplier switch barriers to disappear Peopleâ€™s Party (Ã–VP) Economy Minister Reinhold Mitterlehner has promised a further reduction of bureaucratic obstacles for people planning to change their electricity providers.
End of austerity package talks in sight, says Khol A Peopleâ€™s Party (Ã–VP) board member has claimed that the upcoming savings package would be presented within the coming days.
Erste Bank expert optimistic about Hungary The chief analyst of Austriaâ€™s biggest bank has said chances for a political agreement about the difficult economic condition of Hungary are good.
Spindelegger upsets SPÃ– Peopleâ€™s Party (Ã–VP) Vice Chancellor Michael Spindelegger has caused a stir by revealing details of the upcoming austerity package.
Tragic schoolgirl Julia to be laid to rest An Austrian schoolgirl whose disappearance was once linked to incest monster Josef Fritzl is to be buried today.
Camera leads to hit and run boarder arrest Austrian police have arrested a hit-and-run snow boarder after issuing the man's picture to local media.
Vranitzky appreciates tuition fees discussion Former Social Democratic (SPÃ–) Chancellor Franz Vranitzky has said he welcomes the current debate about a reintroduction of tuition fees.
Westbahn welcomes 6,000 a day Westbahn manages to sell one in two of the overall number of tickets it offers, a spokesman said today (Fri).
Wiener Linien records rising demand for annual passes The number of people opting for annual Wiener Linien tickets is soaring.
Vice chancellor refuses to exclude FPÃ– The Peopleâ€™s Party (Ã–VP) keeps refusing to disassociate itself from the Freedom Party (FPÃ–) following FPÃ– leader Heinz-Christian Stracheâ€™s controversial comparisons with the Nazi era.
Vienna Ã–VP endorses proposed district cuts Vienna Peopleâ€™s Party (Ã–VP) Josefstadt district head Veronika Mickel suggested continuing to speak about a reduction of positions in the city's administration.

27. 05. 10. - 14:00

BCR boss demands more effort in fighting black market

Banca Comerciala Romana (BCR) CEO Dominic Bruynseels has appealed to Romanian leaders to increase their efforts to fight black market activities.

The former Barclays Bank official said yesterday (Weds) the mortgage sector was "still at risk" due to the current situation in the Eastern European country which has been badly hit by the economic crisis. He also said that efforts to collect taxes must be strengthened.

The British-born BCR chief suggested there should be a "more powerful partnership" between the state and its banks, according to a report by the Romanian Times.

Austria’s Erste Group hold a majority in BRC, which is the leading bank in Romania with 665 branches.

BCR officials announced recently the bank had suffered a 26.4 per cent decline in net profit in the first quarter of this year compared to the first three months of 2009.

Operating results however increased by 13.7 per cent up to 184.4 million Euros in the same period.

BCR boss demands more effort in fighting black market

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