Social/Politics
Ghetea, CEC Bank: Level Of NPLs In Agriculture Is Very Low
The level of non-performing loans (NPLs) in the agricultural sector is very low, Radu Gratian Ghetea, head of Romanian state-run lender CEC Bank said Tuesday.
Romania Hopes To Invest EUR2.9B From EU Funds In Agriculture This Year
Romania should absorb EUR2.9 billion in EU funds this year for investments in agriculture, EUR200 million more than in 2013, Agriculture Minister Daniel Constantin said Tuesday at a conferen...
Half Of Farms In Romania Owned By 1% Of Farmers - Agriculture Minister
Half of Romanian farms are owned by 1% of farmers, which get 50% of European funds, Agriculture Minister Daniel Constantin told a conference organized by Ziarul Financiar Tuesday.
Cheap Milk From Other Countries To Raise Romania's Imports Starting 2015
The liberalization of the milk market will determine an increase in Romania's milk imports starting next year and authorities plan to differentiate subsidies for milk and beef, Agriculture M...
Romania Posted EUR35M Net Food Export In January
Romania's food industry exports posted a EUR35 million surplus in January and the country's main export product was corn, which overtook wheat exports, Agriculture Minister Daniel Constantin...
Uninsured Motorists Cause RON30M Worth Of Damage A Year
Street Victims Protection Fund (FPVS), an association of local insurers that compensates the victims of car accidents caused by unknown perpetrators or by uninsured motorists, settled 30.3 m...
UK-Romania Trade Growth Rate At 16% - British Ambassador
UK Ambassador to Romania Martin Harris stated that the annual trade growth rate between Romania and the UK stands at 16%, which is a significant level in times of recession.
Foreign Investments Rise 35.6% To EUR282M In January-February
Romanian foreign direct investment, or FDI, rose 35.6% on the year to EUR282 million in the first two months of the year, the central bank said Friday.
Romania Posts EUR102M Current Account Deficit In January-February
Romania's current account balance posted a deficit of EUR102 million in the first two months of 2014, versus surplus in the year-earlier period, due to wider income and trade deficits, centr...