BASESCU
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Basescu To Visit Turkey Monday, Tuesday
Romania’s President Traian Basescu will be on a visit to Turkey Monday and Tuesday at the invitation of Turkish President Abdullah Gül, the Presidency said Sunday.
Basescu: Romania Doesn’t Have To Pitch In To Raise IMF Resources, But It Sure Could Have
Romania doesn’t need to join the other EU states in a common effort to increase the financial resources of the International Monetary Fund, but it would have been “more than able” to do so i...
President Basescu Accuses Netherlands Of Abuse When Opposing Romania’s Schengen Entry
Romanian President Traian Basescu said Friday in Brussels that the Netherlands' standpoint regarding the country’s accession to the Schengen Area is an abuse.
Basescu: Romania Supports Urgent Amendment Of EU Protocol On Excessive Deficit Procedures
Romanian President Traian Basescu said Wednesday Romania is in favor of immediately amending Protocol no. 12 of the Treaty governing the European Union, which refers to excessive deficit pro...
Opposition Hopes To Raise 5.2 Million Signatures To Impeach Romanian President
Romania’s opposition Social Liberal Union hopes to raise 5.2 million signatures supporting impeachment procedures against President Traian Basescu, which is the number of votes that got him...
Basescu Passes Law Postponing Until 2016 Court-Won Salary Rights
Romanian President Traian Basescu passed the law postponing until 2016 payments of salary rights public sector employees have won in court, the Presidency said Friday.
Erste CEO: Basescu’s Reaction To Shrinking Austrian Capital Inflows 'Understandable’
Romanian President had a “very understandable” reaction to Austrian central bank’s recommendation that lenders should limit further financing to their subsidiaries in eastern Europe, said An...
Romania Plans To Absorb EUR6B In EU Structural Funds In 2012
Romania plans to absorb EUR6 billion in European structural funds in 2012, according to the draft state budget, and will continue to cut back on state spending, President Traian Basescu said...
Basescu: Romania Maintains Goal To Enter Euro Area In 2015
Romanian President Traian Basescu on Thursday reiterated Romania’s objective to join the euro area in 2015, adding that “it’s always good to have ambitious goals”.