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EU Says Romania Needs Further Improvements In Judicial Reform, Fighting Corruption
Social/Politics

EU Says Romania Needs Further Improvements In Judicial Reform, Fighting Corruption

The European Commission on Wednesday published its fifth annual report on Romania, which joined the EU in 2007, under the Cooperation and Verification Mechanism, which states the country con...

Oana Gavrila · 20.07.2011 · 13:23 · 3 min
Banks-Insurance

CSA: Romanian Insurance Industry Loss Down 60% In 2010, To RON41.4M

The Romanian insurance industry lowered its net loss last year by nearly 60%, to 41.37 million lei (about EUR10 million), according to the annual report of the country’s insurance watchdog C...

Oana Gavrila · 20.07.2011 · 12:50 · 1 min
Social/Politics

EU Report: Romania Took Steps To Improve Judicial Procedures

Romania has taken steps to improve the efficiency of its judiciary and prepared the implementation of the four new codes, the foundation of a modern judicial process, while the National Anti...

Radu Bostan · 18.07.2011 · 17:05 · 4 min
Social/Politics

Number Of Interior Ministry Employees Indicted In 1H Tripled From 1H 2010

The number of Interior Ministry employees investigated for corruption increased 81% in the first half of the year, and the number of ministry employees indicted has tripled compared to the s...

Oana Gavrila · 15.07.2011 · 12:20 · 1 min
Social/Politics

European Commission To Release Justice Report On Romania On July 20

The European Commission is expected to release its monitoring report on Romania’s justice system on July 20, Commission spokesman Mark Gray told MEDIAFAX Wednesday.

Oana Gavrila · 13.07.2011 · 15:33 · 1 min
Capital Market

Open-End Investment Funds Post Net Subscriptions Of RON179M In May, Up 74% On Month

Romanian open-end investment funds drew net subscriptions worth a total 179 million lei (EUR42.9 million) in May, up 74.1% from RON102.8 million in April, according to data published Thursda...

Andrei Cîrchelan · 09.06.2011 · 15:41 · 1 min
Social/Politics

Transparency International: Romanians’ Trust In Public Institutions Dropped In 2010

The annual National Report on Corruption released Wednesday by Transparency International indicates a worrying deterioration of the public integrity climate in Romania.

Tudor Ioana Raluca · 25.05.2011 · 14:46 · 1 min
Analysis

Romania Up 4 Notches In IMD 2011 World Competitiveness Report

Romania went up four places to 50th in the annual IMD World Competitiveness report, with a total score of 57.497 out of 100 points possible.

Florentina Dragu · 18.05.2011 · 19:19 · 1 min
Technology &Telecoms

BSA: Software Piracy Rate Falls Slightly To 64% In 2010

The rate of software piracy dropped to 64% in Romania in 2010, from 65% in 2009, but losses triggered by piracy increased by 6.55%, to $195 million, according to a report drawn up by Busines...

Ioana Tudor · 12.05.2011 · 16:18 · 1 min