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Romania

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Analysis

Moody’s Sees Romania 5-Year Default Probability At 8.9%

The probability of a Romanian sovereign debt default in the next five years reached 8.9% at the end of last week, after the 12-month risk nearly doubled to 1.35%, from 0.76% in the previous...

Florentina Dragu · 27.09.2011 · 18:12 · 1 min
Social/Politics

Romania, Belgium Sign Agreement To Modernize Gara de Nord

Romanian Transport Minister Anca Boagiu and Belgian state secretary for Mobility Etienne Schouppe on Thursday signed a memorandum for cooperation in transport, concerning, among others, the...

Radu Bostan · 22.09.2011 · 15:38 · 1 min
Social/Politics

Dutch Government Confirms Opposition To Romania's Schengen Accession

The Netherlands on Thursday confirmed its opposition to the accession of Romania and Bulgaria to the Schengen Area, according to AFP.

Radu Bostan · 22.09.2011 · 13:47 · 1 min
Social/Politics

NATO Welcomes Signing Of Antimissile Shield Agreement By Romania And USA

NATO secretary general Anders Fogh Rasmussen on Wednesday welcomed the signing by Romanian Foreign Minister Teodor Baconschi and U.S. Secretary of State Hillary Clinton of the agreement on t...

Ioana Tudor · 14.09.2011 · 12:17 · 1 min
Social/Politics

U.S. Secretary Clinton, Romanian FM Baconschi To Sign Ballistic Missile Defense Agreement

U.S. Secretary of State Hillary Clinton and Romanian Foreign Minister Teodor Baconschi Tuesday will sign the agreement on the deployment of the U.S. Ballistic Missile Defense System in Roman...

Oana Gavrila · 13.09.2011 · 11:45 · 1 min
Energy

German Wind Turbine Maker Nordex Expands Business In Romania

German wind turbine manufacturer Nordex on Monday said it will open an office in Romania, to seize the opportunities of the rising local market, after having received two orders.

Andrei Cîrchelan · 12.09.2011 · 14:27 · 1 min
State Readies To Bid Adieu To Fondul Proprietatea
Capital Market

State Readies To Bid Adieu To Fondul Proprietatea

Once the Romanian state uses up the stake it has left in Fondul Proprietatea (FP.RO) on compensations, which is expected to happen by yearend, the influence of the Fund’s manager, U.S. group...

Oana Gavrila · 05.09.2011 · 00:00 · 2 min
Social/Politics

Germany Still Against Romania, Bulgaria In Schengen – Press

The German Interior Ministry has no intention whatsoever to reverse its negative opinion on the readiness of Romania and Bulgaria to enter the Schengen area, Novinite.com reported Sunday.

Oana Gavrila · 04.09.2011 · 13:19 · 1 min
Banks-Insurance

NBG Turns To EUR1M First-Half Loss In Romania

The National Bank of Greece (NBG) Thursday said it has switched to first-half loss of EUR1 million on the Romanian market, from net profit of EUR14 million in the year-earlier period, hurt b...

Florentina Dragu · 30.08.2011 · 19:49 · 1 min