Social/Politics
Romania Borrows EUR175M From CEB To Boost Stock Of ANL Housing
Romania will borrow EUR175 million from Council of Europe Development Bank (CEB) for the construction of apartments for youths via the National Housing Agency (ANL) program.
Iohannis: Romanian Economy Is Straightening Alongside Anticorruption Progresses
The Romanian economy is straightening alongside progresses in the fight against corruption, but this process takes time, President Klaus Iohannis told Italian investors on Tuesday, at the Ro...
OMV Petrom, Romgaz And Transgaz Subject To EC Inspection In Potential Natural Gas Export Hindering Case
Officials of the European Commission’s Directorate General for Competition and of the Competition Council in Romania on June 6 carried out unannounced inspections at the premises of Romgaz,...
GfK Study: One In Four Romanians Drinks Alcohol Habitually
One in four Romanians drinks alcohol on regular days, preferring beer in the summer and homemade wine in the cold season, according to a GfK study.
Romania Allots Over EUR300M For Animal Husbandry Sector
The Romanian Government on Friday approved funds worth over EUR300 million for aid payments in the local animal husbandry sector.
Notaries Public To Halve Fees For Debt Discharge Law
The National Union of Notaries Public in Romania (UNNPR) has decided to cut by 50% the fees charged for retail mortgage borrowers who resort to the provisions of the law on debt discharge, a...
UK Beats Germany As Destination For Romanians Looking For Work Abroad
The United Kingdom beat Germany as a destination for Romanians who left for work abroad in 2014, with 32,500 Romanians going there and Germany only attracting 23,700, 7% more than in 2013.
European Commission Unblocks Payments For SOP HRD 2007-2013 Program
The European Commission has unblocked the payments for Sectoral Operational Programme Human Resources Development (SOP HRD 2007-2013) in Romania, worth EUR167 million, which were cut off in...
EC: Romania’s Financial Risks Linked To Banking Sector, Wage Growth And Fiscal Policy
Romania is experiencing no macroeconomic imbalances but there are financial risks linked to the high stock of net foreign liabilities, the vulnerabilities of the banking sector and the pro-c...