Social/Politics
Former Central Bank Deputy Governor Arrested For 16 Days
Romania’s former central bank deputy governor Bogdan Olteanu, who stepped down earlier this month amid corruption charges, will be placed under preventive arrest for 16 days under a Supreme...
Government To Adopt Budget Revision On August 10
The Romanian government will adopt the budget revision in the government session on August 10; meanwhile it is opened to public debate on the website of the Finance Ministry, government spok...
Romania Central Bank Deputy Governor Bogdan Olteanu Resigns Amid Graft Probe
Romania’s central bank deputy governor Bogdan Olteanu stepped down on Monday after the Supreme Court ruled last Friday to place him under house arrest for 30 days on charges of influence ped...
Romania Central Bank Deputy Governor Placed Under House Arrest
The Supreme Court ruled Friday to place Romania's central bank deputy governor Bogdan Olteanu under house arrest for 30 days on charges of influence peddling, according to lawyer Constantin...
Romania Central Bank Deputy Governor Bogdan Olteanu To Resign On Monday - Lawyer
Romania's central bank deputy governor Bogdan Olteanu will resign on Monday, according to lawyer Constantin Durgheu.
Education, Healthcare Sectors To Get Extra Funds At Budget Revision
The budget revision draft stipulates the increase of the general consolidated budget revenue by RON2.92 billion and the increase of the expenses of the general consolidated budget also by RO...
Fitch Downgrades Bucharest Long-Term Local Currency Rating
Fitch Ratings has downgraded the Romanian city of Bucharest's long-term local currency issuer default rating to 'BBB-' from 'BBB', with stable outlook.
PM: Brexit, EU Terror Attacks Could Impact Romanian Economy
Romanian Prime Minister Dacian Ciolos said Monday that the events in the European Union, such as terror attacks and Brexit, can impact the Romanian economy, and the level of incertitude depe...
EC Refers Romania To Court Of Justice For Failure To Transpose Directive On Single European Railway
The European Commission decided to refer Romania, Greece and Luxembourg to the Court of Justice of the EU for failing to transpose into national law Directive 2012/34/EU establishing a singl...