BASESCU
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Romania Follow-Up Loan With IMF Conditional Upon Completion Of Existent Deal
Romania must fulfill its commitments assumed under a EUR5 billion multilateral loan package before negotiating a follow-up deal with the International Monetary Fund, the EU and the World Ban...
Basescu: 2011 Was Excellent For Agriculture, But 2012 Crop Shows Romania’s Real Potential
President Traian Basescu on Thursday said 2011 was an excellent year for Romania’s agriculture, but this year’s crop, although affected by drought, he added, shows the real potential of the...
Romania Wants New Deal With IMF In 2013
Romanian President Traian Basescu Thursday said his country plans to obtain a new loan agreement with the International Monetary Fund once the existing one ends in April 2013.
Romania To Delay CFR Marfa Privatization, Transgaz SPO - Sources
Romanian President Traian Basescu and Prime Minister Victor Ponta agreed on Wednesday to delay the privatization of state-run freight rail company CFR Marfa, as well as a secondary offering...
Ponta, Basescu To Meet For Talks On Country’s External Obligations Wednesday
Romanian Prime Minister Victor Ponta said Tuesday he will meet with President Traian Basescu Wednesday for talks on the country’s external obligations, on negotiations with the International...
President Says Romania Is No Longer Willing To Sell Stake In Petrom
Romania is no longer willing to sell 10% of oil company OMV Petrom (SNP.RO) considering the latest developments regarding gas extraction in the Romanian sector of the Black Sea, President Tr...
Basescu: Romania To Be Part Of European Banking Union
Romanian President Traian Basescu Friday said that his country will be included in the upcoming EU banking union, which aims to place euro area banks under the supervision of a single regula...
Basescu Passes Law Restoring Child-Rearing Benefits
Romania’s President Traian Basescu on Monday passed the law restoring child-rearing benefits to 85% of the parent’s net salary, from the current 75%, starting October 1, 2012, the Presidency...
Basescu Appoints Victor Ponta As Interim Health Minister
Romanian president Traian Basescu named Wednesday Premier Victor Ponta as interim health minister through presidential decree.