Social/Politics
Romania’s Central Bank Governor Wants No Involvement In President-PM Battle
Central bank governor Mugur Isarescu did not bring about the meeting last Tuesday between Romanian President Traian Basescu and Prime Minister Victor Ponta on the state budget and on the let...
Government Plans Secret Measures To Restart Consumption
The Romanian Government is preparing a set of measures aimed at restarting consumption for the beginning of next year. The measures will not affect budget resources, Budget Minister Liviu Vo...
Posta Romana Borrows RON100M From EximBank To Cover Cash Collection Debts
Romania’s state-run lender EximBank will grant a credit line of 100 million lei (EUR22.4 million) to postal operator Posta Romana, which will use the money to cover a part of its debts from...
Bayer Is Optimistic About Romania’s Economic Growth
German conglomerate Bayer is optimistic about Romania, as the country is expected to see annual economic growth of 3% to 4% by 2018, said Andreas Schremmer, managing director of Bayer Romani...
Roads Authority To Open Almost 100 Km Of Highway In December, Originally Due In April
Romania will inaugurate this month 98 km of highway in the western half of Romania, a project with a total cost of EUR530 million or around EUR5.4 million per km on average.
Romanian Government Seeks To Entice Oil Companies Not To Hike Fuel Prices After Excise Rise
Romania’s government is trying to persuade oil companies not to hike fuel prices after an increase in fuel excises planned for next year, and offers to delay increases of the share of biofue...
Price Increases Main Cause Of Stress Among Romanians
About 64% of Romanians say they are stressed and price increases are the main cause of worry, according to a survey conducted by Daedalus Millward Brown.
Romanian Road Freight Transporters To Halt Activity Indefinitely As Of Monday
Romanian road freight transporters will halt all activity Monday for an indefinite period in protest to the government’s plan to raise excise duties on fuels.
INS: Romania Average Net Salary Inches Higher In October
Romanian average net salary edged up 0.4% to 1,615 lei (around EUR360) in October, from RON1,609 a month earlier, the statistics institute INS said Thursday.