Social/Politics
Romanians Spend At Least EUR100M On Medical Care Abroad
Romanian patients spend at least EUR100 million of their own budget to get treatment abroad, according to ZF estimates.
Government Sets January 1, 2019 As New Euro Adoption Target
Romania set out to adopt the euro in 2019, when it will assume the EU presidency for the first time, Prime Minister Victor Ponta said on Wednesday.
US Assistance On Romania's Energy Strategy Involves Shale Gas-Related Talks
The Romanian government asked the USA for assistance to reconfigure the national energy strategy, which also involves talks related to all natural resources, including shale gas, Romania’s F...
Case Of Doctors With Lots Of Bribery Money In Their Accounts Shows Tax Authority Is Inefficient
Six hundred thousand surgeries are performed in Romania every year. Assuming an informal payment of EUR500 to EUR1,000 for each of them, doctors get EUR300 million to EUR600 million a year....
Finance Ministry Has EUR8B Left To Repay To Foreign Lenders From 2009 IMF-Led Loan
The Finance Ministry has almost EUR8 billion left to repay of the about EUR20 billion record loan it took out together with the central bank from international financial institutions in 2009...
Ponta Says Preliminary Data Show 3.2% Economic Growth In 1Q
Preliminary figures show Romania posted an economic growth of 3.2% in the first quarter, Prime minister Victor Ponta said Monday evening in a televised interview.
Romania Jobless Rate Inches Down To 5.56% In March
Romania's unemployment rate inched down to 5.56% in March, from 5.83% a month earlier, data from the country’s employment agency ANOFM showed Monday.
Former BCR Director To Coordinate Hidroelectrica’s IPO
Euro Insol, legal administrator for Romania's insolvent power producer Hidroelectrica, has hired Stefan Frangulea, former director within local lender BCR, to coordinate the sale of Hidroele...
INS: Business Outlook For 2Q Improves, Executives Expect Growth In All Sectors
The business confidence in Romania is rising as executives expect activity in all economic sectors to pick up in the April-June period compared with the previous three months, the statistics...