Social/Politics
Romania Unemployment Rate Down To 6.7% In 2Q
Romania's unemployment rate fell to 6.7% in the second quarter, from 7.2% in the previous quarter, the statistics institute INS said Tuesday.
Romanian Cabinet Survives No-Confidence Vote
Romania's Cabinet run by Prime Minister Victor Ponta survived a no-confidence vote in Parliament on Monday, following a motion pushed by the opposition Christian Liberal Alliance.
Government Postpones Gas Price Hike For Household Consumers
Romanian government postponed Monday the gas price increase for household consumers, a measure set for October, by a decision which also stipulates the renegotiation of the calendar on elimi...
Government Reassigns First Home Funding Unused By Housing Agency
Romania's government has reassigned funding left unused from the RON500 million guarantee budget for housing built by the National Housing Agency (ANL) under the "First Home" mortgage lendin...
Romanian President Signs Bill Lowering Social Security Into Law
Romanian President Traian Basescu announced Thursday he has signed into law a bill lowering by 5 percentage points the social security contributions paid by employers.
Siveco CEO Stays Under Arrest In Tax Evasion Case
Irina Socol, CEO and shareholder of Romanian software developer Siveco Romania, remains under arrest on charges of tax evasion, the Bucharest Court of Appeals ruled Thursday.
July, Best Month In A Decade For Local Grain And Seed Traders
Agricultural raw material traders in Romania had in July the best month of the past decade, with wheat, barley and rapeseed exports of 1.3 million tons, up 12.3% from July 2013.
Government Approves RON2.7B State Aid Scheme
Romania's government on Wednesday approved a RON2.7 billion (EUR600 million) state aid scheme to benefit companies by 2020.
Bucharest Court Admits Tehnologica Radion’s Insolvency Request
Bucharest Court admitted the insolvency request of Romanian construction company Tehnologica Radion, whose owner, Theodor Berna, was placed under preventive arrest in August.