Social/Politics
Finance Minister Signs Agreement Whereby Romania Grants EUR150M Loan To Moldova
Finance Minister Eugen Teodorovici signed on Wednesday, in Chisinau, an agreement whereby Romania will grant a loan worth EUR150 million to the Republic of Moldova.
Romanian Businessmen Association Calls For Clear Political Stand On Legislation
The Romanian Businessmen Association, or AOAR, is calling on politicians, at least those within the ruling coalition, to voice out a clear stand meant to show whether they assume the governm...
Wage Hikes to Push Romania's Budget Deficit to Over 4% - Fiscal Council
Romania's budget deficit could stand at 2.2% of GDP next year, following the impact of the country's new tax code, but planned wage hikes in the public sector may push the deficit to more th...
Romania's 2019 Euro Adoption Target Unfeasible, Says Central Bank
Romania's target to adopt the single European currency in 2019 is no longer feasible and the country needs a clear timeline, agreed nationwide, before setting a target, central bank governor...
Romanian Central Bank Governor Supports New IMF Agreement
A new agreement with the International Monetary Fund would lend Romania extra credibility but should focus on implementing structural reforms instead of the country's balance of payments, ce...
Romanian Cabinet Stays In Office As Parliament Rejects No-Confidence Motion
Romanian Prime Minister Victor Ponta's Cabinet has survived a no-confidence vote in Parliament Tuesday, a motion put forth by the opposition following the prime minister's indictment on char...
Romania Central Bank Sees 2022-2023 As Reasonable Target For Euro Adoption
Romania's central bank assesses the country could reach a decent real convergence level to enter the eurozone in 2022-2023, while keeping nominal convergence elements, but the single currenc...
PM Victor Ponta To Meet With EBRD Officials In London
Romanian Prime Minister Victor Ponta will go to London on Thursday for talks with the representatives of the European Bank for Reconstruction and Development (EBRD), together with Finance Mi...
Romania Wants To Grant EUR150M Loan To Republic Of Moldova For A Five-Year Period
Prime Minister Victor Ponta said Tuesday that the Romanian government wants to grant a reimbursable loan worth EUR150 million to the Republic of Moldova for a five-year period.