Social/Politics
INS: Romania Unemployment Rate Stable At 6.7% In October
Romania's unemployment rate was stable at 6.7% in October, seasonally adjusted data from the statistics institute INS showed Friday.
Business Outlook: Romanian Executives See Stable Activity In Most Sectors By January
Romanian managers estimate a stable activity in most sectors over the November-January period compared with the previous three months, with a decline expected in the constructions sector, th...
EXCLUSIVE: Romania To Spend Over RON63B On 115 Investment Projects In Upcoming Years
The Romanian Government has drawn up a list of 115 public investment projects which are a priority for the 2015 state budget and entail total funds of over RON63 billion in upcoming years.
Romania Meets Maastricht Criteria, But Euro Adoption Shouldn’t Be Hurried
Romania has reached a macroeconomic equilibrium and it meets all the five Maastricht criteria, but the country cannot join the euro-zone in two years, central bank governor Mugur Isarescu sa...
Enel Romania Manager Matteo Cassani Dies In Apparent Suicide
The general manager of Enel Energie and Enel Energie Muntenia, Matteo Cassani, died Thursday.
Romania To Raise Gross Minimum Wage To RON1,050 In Two Steps Next Year
Romania will raise the gross minimum wage in two stages in 2015, to RON975 in January and to RON1,050 in July, from the current RON900, according to a draft government decision drawn up by t...
EC Allows Romania To Keep Gas Prices For Heat Suppliers Unchanged - Minister
The Romanian government has the written consent of the European Commission regarding gas prices for thermal power plants that supply heat to household consumers and will adopt an emergency d...
Energy Regulator, Companies Call For Delay In Gas Market Deregulation For Industrial Consumers
Romania's energy regulator and several private companies have called on the Department for Energy to postpone by at least one more year the deregulation of the natural gas market for co-gene...
FrieslandCampina: Lower VAT On Food Would Help Economy
A lower VAT on dairy products, meat and other foods would have a positive impact on the local economy, since Romanians spend as much as 50% of their income on food, says Cornel Caramizaru, s...