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Energy Exchanges play an important role in providing public information on energy prices. This is essential to have transparent pricing and reliable electricity wholesale and retail markets. Exchange energy requirement of Romania on registration for Value Added Tax has created an artificial barrier to entry for traders in the EU and, consequently, reduced liquidity in the wholesale electricity market. Number was significantly affected traders. Therefore, the European Commission fined Romanian Power Market Operator (OPCOM) for abusing its dominant position on the Romanian market to facilitate transactions of electricity on the spot market in violation of EU competition rules. [ABSTRACT FROM AUTHOR]

The new Romanian Civil Code has institutionalised a new conception regarding the regulating system for civil and commercial legal relations. Thus, new concepts emerge to fit the new conception, concepts regarding to the persons, the professionals, and the carrying on of an organised and systematised activity that qualifies such activity as having a professional nature. As one can find the new civil code has changed the conception regarding the enterprise, as it resulted from the actual commercial code. The operation of an enterprise will represent the legal form of carrying on an activity having a professional nature. [ABSTRACT FROM AUTHOR]

This presentation explores the language of stock traders through an analysis of interviews with middle class Americans invested in the stock market. It suggests that the type of speech, interactional norms and parameters of this discourse can be refered to as a speech culture. [ABSTRACT FROM AUTHOR]