Social/Politics
Romania Private Lending Down 3.9% in 2014 To RON211.6B
Romanian private lending fell 3.9% in real terms during 2014, due to a significant decline in foreign currency credit, as lower interest rates and the leu depreciation brought on higher dema...
Romania Business Sentiment Worsens In January - Survey
The financial market experts' assessment of the current economic situation for Romania has slightly improved in January, while the Economic Sentiment Indicator, which reflects the expectatio...
IMF Team To Review Romania Loan In Jan 27-Feb 10
A delegation of the International Monetary Fund will arrive in Romania next week to review the country’s progress under a EUR2 billion precautionary agreement signed in September 2013.
Romanian President Wins Suit Against Integrity Agency
Romania's President Klaus Iohannis has won a suit against the country's National Integrity Agency, which had accused him of being incompatible with public office.
Bucharest Beltway - The Road Where 140,000 Vehicles Travel At 17 Km/H Every Day
Bucharest’s Beltway has never been a priority for the government so twenty-five years after the fall of the communist regime, vehicles travel this road at an average speed of merely 17 kilom...
Romania To Decide In Fall On Potential New IMF Agreement - PM
The government wants to end well Romania's current agreement with the International Monetary Fund and will decide in fall whether to take on a new agreement and what type of agreement it wou...
Number Of Children In Romania Down By 3 Million In 25 Years
Romania's economy is faced with the decline of one of its most important resources, as the number of children went down by 3 million in 1990-2013, according to the government's child protect...
Authorities Mull EUR90M Street Repair Works In Bucharest’s District 1
Public Domain Administration (ADP) plans to contract street repair works worth 402.9 million lei (EUR89.7 million), VAT included, for capital Bucharest’s district 1, in a 44-month contract.
EBRD Boosted Investment In Romania By 16.5% Last Year, To EUR592M
Investments in Romania by the European Bank for Reconstruction and Development increased 16.5% in 2014, to EUR592 million, even though the number of financed projects dropped from 32 to 26.