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Romania

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Macroeconomics

IMF Approves First Review Of New Loan Deal With Romania, May Disburse EUR480M

The International Monetary Fund Board on Monday approved the first review of the precautionary up deal with Romania and will make the second tranche available, worth around EUR480 million, p...

Radu Bostan · 27.06.2011 · 20:35 · 1 min
Macroeconomics

IMF Board To Review Romania EUR3.5B Loan Agreement June 24

The International Monetary Fund’s Executive Board will convene on June 24 to review Romania’s progress under a EUR3.5 billion precautionary loan agreement, according to the board’s agenda, p...

Florentina Dragu · 20.06.2011 · 16:08 · 1 min
Social/Politics

Romania To Pay EUR92,000 To Send EUR12,000 Worth Of Water To Japan

Romania will send Japan 50,000 lei (EUR12,000) worth of bottled water as emergency humanitarian aid, but will pay about seven times as much, 383,000 lei (EUR92,000), to transport the water f...

Gavrila Oana · 17.06.2011 · 13:18 · 1 min
Social/Politics

Proposed Plan To Reorganize Romania Changes Country’s Ethnic Map – Hungarian Official

The recently proposed administrative reorganization of Romania would represent an unacceptable change of the country’s ethnic map, said Hungarian deputy Prime Minister Zsolt Semjen, cited by...

Tudor Ioana Raluca · 16.06.2011 · 13:40 · 1 min
Social/Politics

Israeli Air Force To Return To Romania For Training In August - Report

The Israeli Air Force (IAF) will return to Romania for joint maneuvers in August, a year after six Israeli servicemen were killed in a helicopter crash in the Carpathian Mountains, the Jerus...

Gavrila Oana · 15.06.2011 · 10:15 · 1 min
Real Estate

Swedish Constructor Skanska Wants To Develop Realty Projects In Romania

Swedish construction company Skanska wants to enter the Romanian market, first as an office developer, counting on the East European county’s potential and infrastructure need, Skanska execu...

Tudor Ioana Raluca · 13.06.2011 · 16:38 · 1 min
Social/Politics

EU Council Might Resume Talks On Romania’s Schengen Entry In September

The Council of the European Union might resume talks on Romania and Bulgaria’s Schengen accession in September, said the Hungarian EU Council Presidency, according to an official document.

Tudor Ioana Raluca · 08.06.2011 · 13:43 · 1 min
European Parliament Adopts Report Recommending Romania’s Schengen Entry
Social/Politics

European Parliament Adopts Report Recommending Romania’s Schengen Entry

The European Parliament on Wednesday adopted a report by MEP Carlos Coelho recommending the accession of Romanian and Bulgaria to the border-free Schengen area.

Gavrila Oana · 08.06.2011 · 13:41 · 1 min
FT: Romanian President Optimistic About 2011 Schengen Entry
Social/Politics

FT: Romanian President Optimistic About 2011 Schengen Entry

Romanian President Traian Basescu said he is optimistic about Romania’s and Bulgaria’s chances to join the Schengen area by the end of this year, despite objections from France and Germany,...

Gavrila Oana · 07.06.2011 · 10:51 · 1 min