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Romania Has Already Paid EUR1.6B Interest To IMF And EU, Enough For 320 Km Of Highway
Macroeconomics

Romania Has Already Paid EUR1.6B Interest To IMF And EU, Enough For 320 Km Of Highway

Romania’s EUR20 billion rescue package is now eating into the funding that should have gone to highways, railways and hospitals. The central bank and the Finance Ministry got an actual amoun...

Tudor Ioana Raluca · 28.06.2013 · 07:52 · 4 min
One In Three Romanians Smokes, But Government Opposes EU’s Anti-smoking Rules
Retail&Consumer

One In Three Romanians Smokes, But Government Opposes EU’s Anti-smoking Rules

The Romanian Government protects the tobacco industry to the detriment of non-smokers by opposing a European directive aiming to reduce smoking, despite the fact that one in three Romanian a...

Ecaterina Craciun · 20.06.2013 · 10:01 · 1 min
Ponta Confirms Romania Will Seek EU Permission To Convert Posta Romana Debts Into Shares
Social/Politics

Ponta Confirms Romania Will Seek EU Permission To Convert Posta Romana Debts Into Shares

Romania’s government is hoping the European Commission will allow it to convert some of the debts of state-owned postal company Posta Romana into shares so it can privatize the company, Prim...

Oana Gavrila · 30.05.2013 · 11:20 · 1 min
Dacia New Car Registrations In EU Up 28% In April
Automotive

Dacia New Car Registrations In EU Up 28% In April

Romanian automaker Dacia’s new car registrations in the European Union grew by 28.2% in April and by 18.3% in January through April this year, while the EU car market has seen growth for the...

Ecaterina Craciun · 17.05.2013 · 11:32 · 2 min
EU Warning: Arrears, Little Progress With State-Company Restructuring May Pressure Romania’s Budget
Macroeconomics

EU Warning: Arrears, Little Progress With State-Company Restructuring May Pressure Romania’s Budget

Local government arrears and limited progress with restructuring Romania’s state-owned companies could result into renewed pressure on the country’s state budget, the European Commission war...

Ioana Tudor · 03.05.2013 · 15:03 · 1 min
Romania Economic Sentiment Falls To 4-Month Low In April - EU Survey
Macroeconomics

Romania Economic Sentiment Falls To 4-Month Low In April - EU Survey

Romania’s economic sentiment index fell for a second straight month in April, on increased pessimism in most sectors, a widely watched European Commission monthly survey showed Monday.

Florentina Dragu · 29.04.2013 · 17:00 · 1 min
Romania New Car Registrations Drop Below EU Average In 1Q
Automotive

Romania New Car Registrations Drop Below EU Average In 1Q

New car registrations in Romania declined 11.3% in the first quarter of the year, to 12,387 units, a stronger decline that the EU market’s decline of 9.8%, to 2.99 million cars.

Oana Gavrila · 17.04.2013 · 10:10 · 1 min
Romania May Export Natural Gas To EU
Energy

Romania May Export Natural Gas To EU

Romania may export natural gas to other European Union member states provided that there are interconnection points between their transport systems, the country’s energy regulator ANRE said...

Tudor Ioana Raluca · 30.03.2013 · 22:19 · 1 min
Ciolos: Romanian Farmers Pay The Price Of Others’ Irresponsibility In Milk Scandal
Retail&Consumer

Ciolos: Romanian Farmers Pay The Price Of Others’ Irresponsibility In Milk Scandal

Romanian milk producers are the victims of an attack against the quality and safety of local products, but pouring milk on the fields is an extreme gesture of farmers that could go bankrupt...

Manuela Panescu · 22.03.2013 · 16:27 · 2 min