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Romania

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Social/Politics

EP Cuts To 5% Six EU States’ Co-Financing Rate Needed To Access Regional Development Funds

The European Parliament on Thursday approved a temporary increase from 85% to 95% of the European Union’s contribution to regional development projects financed from the European Regional De...

Ioana Tudor · 01.12.2011 · 15:19 · 1 min
Romania Celebrates National Day
Social/Politics

Romania Celebrates National Day

Romania celebrates its National Day today, marking the 93rd anniversary of the Great Union of Transylvania with the rest of Romanian provinces, which was proclaimed on December 1, 1918 in th...

Oana Gavrila · 01.12.2011 · 11:07 · 1 min
World’s Smallest Paper Money: Romanian 10-bani Note Issued In 1917
Banks-Insurance

World’s Smallest Paper Money: Romanian 10-bani Note Issued In 1917

A 10-bani note issued by the Ministry of Finance of Romania in 1917, in an emergency First World War issue, has set the world record for the Smallest paper money, according to the World Reco...

Oana Gavrila · 30.11.2011 · 12:44 · 1 min
NBG Switches To EUR4M 9-Month Loss In Romania
Banks-Insurance

NBG Switches To EUR4M 9-Month Loss In Romania

The National Bank of Greece (NBG) Tuesday said it has switched to a loss of EUR4 million on the Romanian market in the first nine months, from profit a year earlier, hit by falling revenue f...

Florentina Dragu · 29.11.2011 · 19:24 · 1 min
EU Might Decide In Two Weeks Whether To Resume Reimbursements To Romania - Minister
Macroeconomics

EU Might Decide In Two Weeks Whether To Resume Reimbursements To Romania - Minister

The European Commission might decide in two weeks if Romania may resume sending bills for structural fund reimbursements to Brussels, Romanian Minister for European Affairs Leonard Orban sai...

Ioana Tudor · 29.11.2011 · 14:17 · 1 min
Social/Politics

Romania, Israel Sign Agreement Easing Workforce Movement

Romanian Labor Minister Sulfina Barbu and Israeli Interior Minister Eliyahu Yishai on Thursday signed an agreement to step up negotiations to allow for temporary employment of Romanians in t...

Ioana Tudor · 24.11.2011 · 16:09 · 1 min
Social/Politics

Romania, Israel To Set Up Fundraiser Foundation For R&D

Romania and Israel will create a foundation to attract private funds from the two states for research and development, and will set up a center for the modernization of communications infras...

Radu Bostan · 24.11.2011 · 14:40 · 1 min
Retail&Consumer

Romanians Use One Condom A Year On Average - Durex

Romanians only use one condom a year on average, compared to two in Hungary and seven in the United Kingdom, bringing the total value of the domestic condom market to EUR10.3 million in 2010...

Oana Gavrila · 24.11.2011 · 14:18 · 1 min
Social/Politics

Dutch Want Proof Romania, Bulgaria Ready For Schengen

The Netherlands has made it clear it will remain unwavering in keeping Romania and Bulgaria out of Schengen until they present proof of making progress in fighting corruption, Novinite.com r...

Oana Gavrila · 24.11.2011 · 11:42 · 1 min