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August 15, 2022

CCIRJ to develop a EUR 4.9 M-sustainable development project

The Romania-Japan Chamber of Commerce and Industry (CCIRJ) will take part in an environmental project, on a 90,000 ha-protected site, worth EUR 4.9 M, within the Natura 2000 European program, as an administrator delegated by the Ministry of the Environment and Forests, a press release informs. The project will be initiated in March next year, the chairman of CCIRJ, Mihai Prundianu, stated, on the first anniversary of the bilateral Chamber, an event celebrated at the Romanian Chamber of Commerce and Industry, in the presence of HE Natsuo Amemiya, the Japanese Ambassador to Romania, and representatives of the business community.
Belgium joins financial markets’ hit list

Belgium has joined Portugal, Spain and Italy on the hit list of countries that may be heading for financial crisis, guardian.co.uk notes on Wednesday. Like Ireland, struggling to fend off criticism of its austerity package, there are signs that international bond investors are starting to view Belgium as living on borrowed money and borrowed time. To make matters worse, it has a broken political system and is without a government since April. International money market traders today pushed the cost of insuring Belgium’s debts to record levels. The interest payments still fall short of those charged for Spain’s government the Portuguese, but analysts said the gap was narrowing quickly. The premium to insure Belgium’s debts rose 5% today. A government spokesman denied that Belgium was in trouble, saying makes the character of our debts very different to the UK.

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