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POLITICS

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Citu Cabinet Gains Confidence Vote in Romanian Parliament
Social/Politics

Citu Cabinet Gains Confidence Vote in Romanian Parliament

Romania's new government led by liberal prime minister Florin Citu gained a vote of confidence in Parliament Wednesday.

Mihai Draghici · 23.12.2020 · 19:05 · 1 min
Fitch: Romanian Politics Could Complicate Economic Policy; Deficit Seen  at 3.4% of GDP
Analysis

Fitch: Romanian Politics Could Complicate Economic Policy; Deficit Seen at 3.4% of GDP

The break-up of Romania's governing coalition increases political uncertainty ahead of a busy electoral calendar and amid a backdrop of rising macroeconomic imbalances, Fitch Ratings said in...

Oana Gavrila · 03.09.2019 · 17:16 · 2 min
2012 – A Wasted Year For An Economy Plagued By Political Turmoil And Insolvencies
Analysis

2012 – A Wasted Year For An Economy Plagued By Political Turmoil And Insolvencies

The year 2012 is a wasted year because of the political feuds that only served to weaken an economy hurt by the crisis. The hope for an economic rebound is carried over in 2013.

Oana Gavrila · 21.12.2012 · 09:38 · 2 min
Four Governments, Three Prime Ministers, 79 Ministers In Four Years. What Good Did They Do?
Social/Politics

Four Governments, Three Prime Ministers, 79 Ministers In Four Years. What Good Did They Do?

Romania will end its most hectic government period with the elections on Sunday: four governments, three prime ministers and 79 ministers ruled over the last four years.

Oana Gavrila · 05.12.2012 · 08:16 · 1 min
Misu Negritoiu: I Don’t Believe In Politics Anymore
Banks-Insurance

Misu Negritoiu: I Don’t Believe In Politics Anymore

Misu Negritoiu, a rare example of a state official who abandoned administration and politics and started a career as a manager in the private sector from scratch, says he doesn’t want to lea...

Tudor Ioana Raluca · 19.10.2012 · 00:00 · 5 min
IMF Worried About Impact Of Political Situation On Romania's Economy
Banks-Insurance

IMF Worried About Impact Of Political Situation On Romania's Economy

Erik de Vrijer, head of the IMF mission to Romania, said Tuesday in the meeting with acting president Crin Antonescu that the Fund is worried about the impact of the current political situat...

Radu Bostan · 07.08.2012 · 12:10 · 1 min
Isarescu: Political Feud Weights On Leu, Will Soon Affect Financing Costs
Banks-Insurance

Isarescu: Political Feud Weights On Leu, Will Soon Affect Financing Costs

Mugur Isarescu, governor of Romanian central bank BNR, on Monday warned politicians that Romania would not only be penalized through the depreciation of the leu for the unending scandal, but...

Radu Bostan · 07.08.2012 · 00:00 · 2 min
Worst Case Scenario: 10 Things That Will Affect Romania’ Economy
Macroeconomics

Worst Case Scenario: 10 Things That Will Affect Romania’ Economy

The irresponsibility of the entire political class leads to economic decline and weakens the country’s ability to withstand external pressures.

Oana Gavrila · 06.08.2012 · 00:00 · 2 min
Fitch: Political Crisis In Romania Not An Immediate Risk To Ratings
Macroeconomics

Fitch: Political Crisis In Romania Not An Immediate Risk To Ratings

The recent political upheaval in Romania is not a “near-term threat” to the country’s sovereign rating, but continued uncertainty could trigger a downgrade in the longer run, Fitch Ratings s...

Florentina Dragu · 11.07.2012 · 16:22 · 1 min