Social/Politics
Agriculture Ministry Borrows RON6.3B From Treasury To Pay Subsidies In Due Time
Romania’s Agriculture Minister Daniel Constantin Monday said the ministry he runs will borrow 6.3 billion (EUR1.4 billion) from the state’s Treasury to be able to pay subsidies in the agricu...
Enel And ArcelorMittal Abandon Romania’s Cernavoda Nuke Project
Italy’s utility Enel and steel maker ArcelorMittal have decided to withdraw from their investment in Romania’s project to build the third and fourth reactors at the nuclear power plant in Ce...
IMF Mission To Visit Romania In January, For Review Of EUR2B Loan
A mission of the International Monetary Fund will visit Romania in January to discuss measures to increase budget revenue, following the delay of a planned tax increase, the fund said in a s...
Promising End Of The Year: Inflation And Trade Deficit Went Down, Production Moved Up
The latest statistical data for 2013 signal an encouraging macroeconomic trend for 2014, when Romania's economic growth is expected to continue.
Hidroelectrica, Nuclearelectrica Sole Providers Of Electricity To Households As Of 2014
Romanian state-run hydropower generator Hidroelectrica and nuclear power company Nuclearelectrica (SNN.RO) have qualified to deliver electricity to households under a regulated regime as of...
Romania’s 2012 Economic Growth Revised Slightly Down To 0.6%
The Romanian economy grew by 0.6% in 2012 compared with the previous year, revised data from the country’s statistics institute INS showed Friday.
INS: Romania Unemployment Rate Down To 7% In 3Q
Romania's unemployment rate fell to 7% in the third quarter, from 7.5% in the previous quarter, the statistics institute INS said Friday.
2013 In Review: Ten Most Important Events In Tourism
ZF reviews the top events in tourism in 2013, from the change of the taxi system at Bucharest’s Otopeni international airport, to the first tourists embarking in the Romanian port of Constan...
Three Low-Profile Execs Have EUR17B Of Romania’s Budget In Their Hands
The institutions in charge of pensions, health insurance and highways, which have total budgets of over EUR17 billion, are run by three executives who have been politically appointed by ruli...