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Capital Market

ING: Political Noise, Such As PM Indictment, Has Low Impact On Romanian Leu

Political events, such as the indictment of the Romanian Prime Minister as part of a corruption probe, have barely impacted the leu, which traded close to the lower boundary of the central b...

Gabriela Stan · 18.09.2015 · 12:39 · 1 min
Social/Politics

Romanian President Calls On Indicted PM To Resign

Romanian President Klaus Iohannis on Thursday called on Prime Minister Victor Ponta to resign, as his indictment hurts the country's image.

Oana Gavrila · 17.09.2015 · 14:34 · 1 min
Romania's IMF Agreement Ends On Sept 26 With Mixed Results
Macroeconomics

Romania's IMF Agreement Ends On Sept 26 With Mixed Results

Romania's precautionary EUR4 billion agreement with the International Monetary Fund, European Commission and the World Bank ends on September 26, as the country has reached its economic indi...

Oana Gavrila · 17.09.2015 · 14:25 · 1 min
Romanian Prime Minister Indicted On Fraud, Tax Evasion Accessory Charges
Social/Politics

Romanian Prime Minister Indicted On Fraud, Tax Evasion Accessory Charges

Romanian Prime Minister Victor Ponta has been indicted on charges of accessory to tax evasion and money laundering and 17 counts of forgery, the country's anticorruption department DNA said...

Oana Gavrila · 17.09.2015 · 12:29 · 1 min
Banks-Insurance

President Klaus Iohannis To Meet With World Bank Representatives

Romanian President Klaus Iohannis will meet Thursday with a World Bank delegation led by executive director Frank Heemskerk, the presidential administration said in a statement.

Gabriela Stan · 16.09.2015 · 19:38 · 1 min
Social/Politics

Romania Needs No Additional Loan From IMF, Says PM

Romanian Prime Minister Victor Ponta said Wednesday Romania will finish paying its debt to the International Monetary Fund this year and doesn't need any more loans from international financ...

Oana Gavrila · 16.09.2015 · 16:40 · 1 min
Romania And Other EU States Urged To Clean Up Mismanaged Public Deals Or Lose Funds
Social/Politics

Romania And Other EU States Urged To Clean Up Mismanaged Public Deals Or Lose Funds

Nearly half of EU member states, including Romania, risk losing access to development funds worth hundreds of billions of euros unless they clean up public procurement contracts by the end o...

Ecaterina Craciun · 16.09.2015 · 15:04 · 1 min
Romania Gets EUR11.1M In EU Funds To Support Farmers
Social/Politics

Romania Gets EUR11.1M In EU Funds To Support Farmers

Farmers in Romania will receive funds worth EUR11.1 million from the European Commission within its EUR500 million support package for European farmers affected by the decline in dairy and p...

Ecaterina Craciun · 15.09.2015 · 15:42 · 1 min
Social/Politics

Romania Tax Authority VP Resigns Amid Corruption Probe

The vice-president of Romania's tax authority ANAF, Romeo Florin Nicolae, has resigned after being placed under judicial control on charges on influence peddling.

Oana Gavrila · 10.09.2015 · 17:35 · 1 min