Analysis
Romania To Get Remittances Of $3.6B This Year – World Bank
Romania will receive $3.6 billion in remittances from Romanians working abroad, similar to last year’s estimate and much lower than the remittance flows received before the crisis, according...
Press Review - October 3, 2013
Prime Minister Ponta Comments On New Traffic Code Prime Minister Victor Ponta said Wednesday on RTV the new Traffic Code would impose more drastic punishments for speeding and driving under...
Romania Will Get To 2008 GDP Level Only In 2014
Romania’s real GDP will return to the pre-crisis level in 2014, after six years and after borrowing EUR20 billion from international lenders. The country’s the public debt has doubled in the...
Fuel Demand Down 10%, Price Up 60% In Romania in 2008-2012
Romania has lost about 10% of its fuel demand in five years of crisis (2008-2012), one of the most serious declines in Europe out of nine members countries analyzed by ZF based on Euromonito...
Companies Risk Losing Up To 30% Of Employees In Relocations
Companies risk losing 10% to 30% of their employees when they choose to relocate if they only consider cost-efficiency and disregard employees’ needs such as accessible transport and commute...
Press Review - October 2, 2013
Liberals Propose Bill To Keep Local Elect Found Incompatible In Office Liberal Party president Crin Antonescu said the party will initiate a draft law next week for the amnesty of local offi...
Press Review - October 1, 2013
Romania Might Go Under Orange Code Alert For Floods Romanian weather and water management authorities are considering issuing an orange code alert for floods following heavy rainfalls over t...
Press Review - September 30, 2013
Students Threaten Protests The National Alliance of Student Organizations in Romania (ANOSR) said it will stage protests over the next weeks unless Education Ministry officials find a way to...
Press Review - September 27, 2013
France Says Romania Doesn’t Meet Schengen Entry Conditions The spokesperson for the French Government Najat Vallaud-Belkacem said Thursday on radio RMC Romania and Bulgaria do not meet the c...