Articles by Valentina Pop

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BRICS to Open Alternatives to World Bank, IMF
Valentina Pop, EU Observer – TRANSCEND Media Service, 14 Jul 2014

The “New Development Bank” to rival the World Bank will be launched at a BRICS summit in the Brazilian city of Fortaleza next week, with all agreed except where to put the main headquarters, Russian finance minister Anton Siluanov said Wednesday (9 July, 2014).

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Iceland to Cyprus: ‘People Should Not Pay for Speculators’
Valentina Pop - EUObserver, 15 Apr 2013

On the night of 6 October 2008, Thorfinnur Omarsson got a phone call. He had just quit his job at an Icelandic TV station and was about to go back to study. It did not turn out that way. Omarsson, who currently works in Brussels, sees many similarities between what happened in Iceland and the current situation in Cyprus. “In Cyprus the size of the banking system was eight times the gross domestic product (GDP), in Iceland it was 14 times. It was absolutely impossible to try and save that,” he said.

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