Social/Politics
Romanian President Accepts Gigel Stirbu As Culture Minister
Romanian President Traian Basescu signed Tuesday the decrees accepting the resignation of Daniel Barbu from the position of minister of culture and accepting the appointment of Gigel Stirbu...
CFR Calatori Expects Loss Of RON395M In 2013
Romanian state-owned railway passenger company CFR Calatori estimates loss of 395 million lei (EUR88.6 million) this year, 2.5-fold lower than the RON992 million loss incurred in 2012.
Romania Had 5.4M Pensioners In 3Q, Average Pension Up 4.8%
The average number of pensioners in Romania decreased by 68,000 in the third quarter of 2013 from the same period in 2012 and the average monthly pension reached RON808, 4.8% higher on the y...
Micula Brothers Win Legal Battle Against Romania Over Unpaid Fiscal Incentives
Romanian entrepreneurs Ioan and Viorel Micula, owners of European Food&Drinks group, have won their legal dispute with the Romanian state regarding the cancellation of a series of fiscal inc...
BNR: Romania FDI Down 8.2% On Year To EUR1.8B In January-October
Romanian foreign direct investment, or FDI, fell 8.2% on the year to EUR1.81 billion in the January-October period, the central bank said Friday.
Romania Current Account Deficit Shrinks To EUR955M In January-October
Romania's current account balance posted a deficit of EUR955 million in the first 10 months, well below a gap of EUR5.33 billion in the year-ago period, central bank data showed Friday.
EU Claims EUR70,000 Back From Romania For Delayed Agriculture Payments
The European Commission has to recover EUR335 million members states, including Romania, which has to pay back EUR70,000, because of non-compliance with EU rules or inadequate control proced...
Romania Should Double Economic Growth To Catch Up With EU, Central Bank Governor Says
Romania should strive to double economic growth to narrow the gap with the other European Union countries, but any potential measures in the area must not upset the 2% balance achieved for t...
Isarescu: Central Bank Is Ready To Cut Reserve Requirements
Romania’s central bank governor Mugur Isarescu said Thursday that his institution is prepared to lower the minimum reserve requirements for both leu and foreign currency liabilities in 2014,...