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Former MP Dan Pasat Gets Definitive Three-Year Prison Sentence For Blackmail, Corruption
Social/Politics

Former MP Dan Pasat Gets Definitive Three-Year Prison Sentence For Blackmail, Corruption

Romania’s former liberal democrat MP Dan Pasat on Thursday received a definitive sentence to three years in prison after his appeal was rejected and he was found guilty of blackmail and corr...

Oana Gavrila · 12.12.2013 · 15:23 · 1 min
Culture Minister Daniel Barbu Resigns
Social/Politics

Culture Minister Daniel Barbu Resigns

Romanian Culture Minister Daniel Barbu has resigned from the Cabinet Thursday.

Ioana Tudor · 12.12.2013 · 12:51 · 1 min
Isarescu Suggests Euro Adoption Will Only Happen In 2023
Macroeconomics

Isarescu Suggests Euro Adoption Will Only Happen In 2023

Mugur Isarescu, Romania’s central bank governor, took everyone by surprise on Wednesday when he suggested a later adoption of the euro than in any of the scenarios mentioned so far.

Loredana Frățilă-Cristescu · 12.12.2013 · 03:11 · 2 min
Transport Ministry Expects Revenues Of RON11.4M From Minority Stake Sale In 2014
Automotive

Transport Ministry Expects Revenues Of RON11.4M From Minority Stake Sale In 2014

Romania’s Transport Ministry expects privatization revenues of 11.4 million lei (EUR2.56 million) in 2014 from the sale of minority stakes in the companies it controls, according to the mini...

Ioana Tudor · 11.12.2013 · 14:56 · 1 min
Social/Politics

Romanians Work 6 Days Per Month To Pay Income Taxes, Social Security Contributions

Romanians work about six days per month only to pay income taxes, similar to Czechs, according to a survey conducted by research company Accace.

Ioana Tudor · 11.12.2013 · 12:04 · 1 min
Romania Readies New Gambling Rules
Retail&Consumer

Romania Readies New Gambling Rules

Romania’s National Gambling Office, or ONJN, on Tuesday said it is preparing a new set of regulatory measures in the local gambling sector.

Ecaterina Craciun · 10.12.2013 · 17:49 · 1 min
Romania Electricity Consumption Seen Down 4% This Year
Energy

Romania Electricity Consumption Seen Down 4% This Year

Romania’s electricity consumption is expected to fall by around 4% in 2013, less than initially estimated, a director of state-run power grid operator Transelectrica said Tuesday.

Florentina Dragu · 10.12.2013 · 16:39 · 1 min
Posta Romana To Invest EUR17.8M To Computerize 1,200 Units
Companies

Posta Romana To Invest EUR17.8M To Computerize 1,200 Units

Romania’s state-owned postal operator Posta Romana will invest EUR17.8 million in the next 12 months to double its number of computerized postal units from 1,200 to 2,400, to allow the post...

Oana Gavrila · 10.12.2013 · 14:18 · 1 min
Romania’s Population Decreased By 3,521 People In October
Social/Politics

Romania’s Population Decreased By 3,521 People In October

Romania’s population decreased by 3,521 people in October 2013, when over 18,000 children were born and approximately 21,600 people died, according to data released Tuesday by the national s...

Ioana Tudor · 10.12.2013 · 11:53 · 1 min