EARTHQUAKE
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Bucharest’s Old Town: Where To?
Six of the best known hangouts in Bucharest’s Old Town, including the City Grill restaurant on Lipscani Street, the Biutiful bar and Club Fire, closed last week, once President Klaus Iohannis promulgated a law prohibiting the operation of bars, restaurants and...
CSA's Guarantee Fund To Cover Damages Of Up To EUR1B In Case Of Major Earthquake
The guarantee fund of Romanian insurance market regulator CSA will pay damages capped at EUR1 billion in case of major natural disasters if the companies that issued property insurance polic...
Romania Adds RON5.5M To Budget For Strengthening Of Earthquake-Prone Buildings
Romania's Regional Development Ministry has added 5.5 million lei (EUR1.22 million) to the budget of a project to strengthen public buildings to resist earthquakes.
Government Won't Allot Any Money For Building Consolidation This Year
Romania's Government will not allot any money from the state budget for building consolidation this year, although experts have repeatedly warned that there is a risk of a strong earthquake...