Social/Politics
Government OKs Bill Setting Retirement Age For Women At 65 Starting 2035
Romania’s Government Wednesday approved a bill whereby women born after December 1970 may retire at the age of 65, similar to men.
Parliament Adopts 2014 State Budget
Romania’s Parliament Wednesday adopted the draft laws on the state budget and social security budget for 2014.
Former E.ON Romania Manager Named Head Of Hidroelectrica’s Supervisory Board
The Managing Board of Romanian state-owned hydropower producer Hidroelectrica Tuesday appointed George Cristodorescu as president of the company’s Supervisory Board.
Agriculture, Industry Fuel Romania's Economic Growth In 3Q
Romanian economy expanded at a robust 4.1% in the third quarter from the year-ago period, in line with previous estimations, largely fueled by a bumper harvest and growing activity in indust...
Two Former Romanian Ministers Sentenced To Prison Over Shady Privatizations
Romania’s High Court of Justice on Tuesday sentenced former economy minister Codrut Seres to six years in prison and former communications minister Zsolt Nagy to five years in prison in a fi...
Official: Romania Must Satisfy EU Recommendations Whether It Signs Memorandum With IMF Or Not
Romania must observe the recommendations made by the European Council regarding structural reforms and fiscal measures, regardless of whether it signs the memorandum agreed with the Internat...
IMF Loan Review Delay To Have Limited Impact On Markets - Analysts
A likely delay in the approval of the International Monetary Fund’s review of its loan program with Romania should have limited impact on the markets, as the country has no intention to draw...
Romanian President, PM To Discuss IMF Memorandum Later Tuesday
Romanian President Traian Basescu will meet a delegation headed by Prime Minister Victor Ponta later Tuesday to settle a dispute regarding the country’s latest memorandum of understanding wi...
Romania Loses Three Spots In Transparency International Corruption Perception Index
Romania is ranked 69th in the 2013 Transparency International corruption perception index, down three spots since last year, when it ranked 66th.