Social/Politics
Businessman Sorin Ovidiu Vintu To Be Released On Parole
Romanian businessman Sorin Ovidiu Vintu will be released on parole after a court upheld his appeal to a previous court ruling denying him parole.
Isarescu: Fears Of Depreciation Eased; Leu Stable Even During Elections Campaign
Romania has escaped the fear of the leu’s depreciation, says central bank governor Mugur Isarescu, pointing out the national currency was largely unmoved even during the elections campaign.
EBRD Buys 4.99% Stake In Bucharest Stock Exchange
The European Bank for Reconstruction and Development (EBRD) on Wednesday said it acquired a 4.99% stake in the Bucharest Stock Exchange, proving its support for Romania’s comprehensive effor...
Government Approves Norms For Subsidized Car Loan Program
Romania's government on Tuesday approved the regulations for the car loan program "First Car", allowing buyers to get state-guaranteed loans.
Business Sector: Come Up With A Budget And Keep The 5% Social Security Tax Cut In 2015
Romania has elected a new president, Klaus Iohannis, but has the same government led by Prime Minister Victor Ponta, and no budget for next year. A budget, which, regardless of how it is dev...
Rating Agencies Expect Political Wrangling But No Major Policy Changes in Romania
The results of presidential elections in Romania could determine a long period of political quarrel, Standard & Poor’s said in a note Monday, adding the outcome has no immediate effect on th...
Klaus Iohannis Wins Romanian Presidential Election - Partial Results
Klaus Iohannis won Romanian presidential election, with 54.50% of the ballots cast, after 99.07% of the votes were counted, while Victor Ponta won 45.49% of the vote, according to Central El...
Eurostat: Romania 3Q GDP Rises At Fastest Pace In EU Quarter To Quarter
The Romanian economy grew at the fastest pace in the European Union in the third quarter, with 1.9%, compared to the second quarter, and at the second-fastest pace compared to the third quar...
Romania's GDP Rises 1.9% In Third Quarter
Romania’s economy performed better than expected in the third quarter, according to official data released Friday, after a poor outing earlier in the year.