Social/Politics
EC Approves EUR57M Investment In Romania Broadband Infrastructure
The European Commission has approved a EUR57.1 million investment, part of a EUR69 million project, for the development of broadband infrastructure of 3,265 kilometers in areas in Romania th...
Quarter Of Romanians Have Never Received High Quality Services - Study
A quarter of Romanians say they have never received high quality services, whose main attributes are fast delivery, politeness of the seller, the possibility to choose between several option...
Average Salary In Private Sector Up 4.1% In 2014 - Study
The gross average salary in the private sector increased by 4.1% in Romania in 2014, while Timis county posted the highest growth, of 8%, according to PwC’s salary and benefits survey PayWel...
Romania Private Lending Resumes Decline In September
Romanian private lending went down 0.3% on the month in real terms in September, after a 0.2% increase in August, central bank data showed Thursday.
Minister: Romania To End 2007-2013 Financial Framework With 80% EU Fund Absorption Rate
Romania will end the current 2007-2013 multiannual financial framework in 2015 with an absorption rate of European Union funds of at least 80%, which translates into EUR19.2 billion, EU Fund...
Electricity Could Replace Gas And Black Oil In Household Heating
Romania could use electricity to heat homes instead of natural gas and black oil, minister-delegate for Energy Razvan Nicolescu said Tuesday, speaking about the country's new energy strategy...
First Home Program Gets Additional Funding Of RON400M
The guarantee budget for the government-backed mortgage lending First Home program has been raised by an additional RON400 million.
Romania, Bulgaria To Sign Memorandum To Build Two New Bridges Over Danube
The Romanian government has approved the signing of a Memorandum of Understanding with Bulgaria to implement feasibility studies on the construction of two new bridges over the Danube River.
Isarescu: Unrestrained Deleveraging Could Hurt GDP Growth
The combination of fiscal correction measures with an uncontrolled deleveraging process could hurt a sustained economic growth, Romanian central bank governor Mugur Isarescu said Tuesday.