Social/Politics
Romanian President Nominates Ex-EU Commissioner Dacian Ciolos for Prime Minister
Romanian President Klaus Iohannis on Tuesday nominated former EU Commissioner Dacian Ciolos for prime minister, after Victor Ponta stepped down last week amid ample street protests.
Romanian Central Bank Governor Supports Technocratic Government Scenario
Romanian central bank governor Mugur Isarescu reckons a technocratic government could handle the challenges Romania is facing if it is given a clear and limited mandate, with macroeconomic s...
Wage Raise For Education Staff To Benefit 359,810 People, With RON1.6B Impact On State Budget
The 15% raise for staff in the state education sector will benefit around 359,810 people and will have an impact of RON1.666 billion on the state budget, Education Ministry said Thursday.
Romanian President Appoints Sorin Cimpeanu as Interim Prime Minister
Romanian President Klaus Iohannis on Thursday appointed education minister Sorin Cimpeanu as interim prime minister, after Victor Ponta resigned Wednesday amid ample street protests.
Romanian PM Resigns After Bucharest Nightclub Fire Leaves 32 Dead
Romanian Prime Minster Victor Ponta has resigned Wednesday, following mass protests in the Romanian capital after a Bucharest nightclub fire left 32 dead and dozens of others critically inju...
Romanian Government Adopts Previously Postponed Tax Cuts
Romania's government on Tuesday adopted an emergency decree bringing forward to 2016 several tax cuts planned for 2017, the country's Finance Minister Eugen Teodorovici said
Romania Revises 2015 Budget, Keeps Deficit Target at 1.85% of GDP
Romania's government on Friday approved this year's second budget revision, cutting funding for infrastructure and raising the health care budget to cover wage hikes, while keeping the defic...
IMF: Romania's Lack Of Progress In Structural Reforms, Key Obstacle To Long-Term Growth
The International Monetary Fund encourages Romania to implement corporate governance and allow private sector involvement in state companies, but warns lack of modern infrastructure slows pr...
ING: Romanian Central Bank Will Try To Fill IMF Role But With Limited Influence
Romania's central bank will try to fill in the International Monetary Fund's role in relation to the Government, in lack of a new IMF deal, but its influence is limited by the economic conte...