Social/Politics
Tender Gets 12 Years And 7 Months In Prison, Marian Iancu Gets 14 Years In Carom Case
Businessman Ovidiu Tender was sentenced to 12 years and seven months in prison and Marian Iancu was sentenced to 14 years in prison in the Carom file, on charges of embezzlement and money la...
Average Net Salary In Romania Up 1.5% In April
The average salary in Romania rose 1.5% in April to 1,857 lei (around 420 euros) from RON1,829 in the previous month, data from the statistics bureau showed Monday.
Natural Gas Price Hike For Households Boosts Romgaz’ Revenues
The recently announced natural gas price hikes for household consumers could mean an of 1.4 billion lei (EUR315 million) for the revenue of Romania’s main natural gas producer Romgaz (SNG.RO...
Romania President Calls On PM To Resign Amid Corruption Probe. Ponta Refuses
Romania's President Klaus Iohannis has called on Prime Minister Victor Ponta to resign amid accusations of fraud, money laundering and tax evasion put forth by anticorruption prosecutors. Po...
Romanian PM Refuses To Step Down Amid Corruption Probe
Romanian Prime Minister Victor Ponta, investigated for corruption, said Friday he will not step down from office.
Romanian PM Investigated For Money Laundering And Accessory To Tax Evasion
Romanian Prime Minister Victor Ponta is under criminal investigation for forgery, accessory to tax evasion and money laundering, the anticorruption department said Friday.
Housing Construction Up 11.6% In First Quarter
Romanian housing construction was up 11.6% on the year to 9,232 units in the first quarter, mostly fueled by rising investment in urban areas, the country’s statistics institute INS said Fri...
Industry, Retail, Telecom Sectors Helped Romania’s 1Q GDP Grow 4.3% On Year
The strong activity in retail, industry and the communication sectors had the major contributions to Romania’s above-expectations economic growth in the first quarter of the year, data from...
Romania Prepares New Eurobond For Fall
Romania’s Finance Ministry has prepared the documentation for the country’s first Eurobond of the year, but it waits for the right market conditions, and will most likely launch the sale in...