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INS: Romania Housing Permits Rise To 4,115 In July
Macroeconomics

INS: Romania Housing Permits Rise To 4,115 In July

Romanian housing permits rose 15.5% to 4,115 units in July, from 3,564 units a month earlier, the country’s statistics institute INS said Wednesday.

Bogdan Neagu · 28.08.2013 · 10:22 · 1 min
Government Approves Bill Allowing Mining In Rosia Montana
Social/Politics

Government Approves Bill Allowing Mining In Rosia Montana

The Romanian government said Tuesday it approved the bill regulating mining in the Rosia Montana area and the draft act would be sent to the Parliament for adoption.

Oana Gavrila · 28.08.2013 · 10:08 · 1 min
Social/Politics

Romanian Magistrates Sentenced For Corruption To Lose Special Pensions

The Romanian government approved a bill Tuesday stripping magistrates found guilty of corruption of special service pensions.

Oana Gavrila · 27.08.2013 · 19:28 · 1 min
Nuclearelectrica Eyes 16% Higher Sales In 2013
Energy

Nuclearelectrica Eyes 16% Higher Sales In 2013

Romanian state-run nuclear power producer Nuclearelectrica estimates a 16% increase in its sales to 1.89 billion lei (EUR426.1 million) in 2013, from RON1.63 billion a year earlier.

Florentina Dragu · 27.08.2013 · 16:57 · 1 min
Romania, An Economic Anomaly: Retirees Outnumber Employees
Macroeconomics

Romania, An Economic Anomaly: Retirees Outnumber Employees

Deindustrialization and the loss of jobs in the last twenty years have caused an anomaly for an economy and society, which has more retirees than employees and can only run on a deficit.

Tudor Ioana Raluca · 27.08.2013 · 07:51 · 7 min
Romania Budget Deficit Narrows To RON6B In January-July
Macroeconomics

Romania Budget Deficit Narrows To RON6B In January-July

Romania’s consolidated budget posted a deficit of 6.02 billion lei (EUR1.36 billion) in the first seven months of 2013, equal to 0.96% of the gross domestic product, Finance Ministry data sh...

Florentina Dragu · 26.08.2013 · 20:06 · 1 min
Economy Minister To Negotiate Recovering Romania’s Investment In Krivoy Rog
Social/Politics

Economy Minister To Negotiate Recovering Romania’s Investment In Krivoy Rog

Romanian Economy Minister Varujan Vosganian will be on official visit to Kiev Tuesday to resume negotiations to recover Romania’s investment in the construction of a mining company in Krivoy...

Oana Gavrila · 26.08.2013 · 17:43 · 1 min
Basescu Signs Decree Appointing Ramona Manescu As Transport Minister
Automotive

Basescu Signs Decree Appointing Ramona Manescu As Transport Minister

Romania’s President Traian Basescu on Monday has signed the decree appointing MEP Ramona Manescu as Transport minister, according to the Presidency.

Ioana Tudor · 26.08.2013 · 14:12 · 1 min
GfK: Seven In Ten Romanians Use The Internet For Purchase Decisions
Retail&Consumer

GfK: Seven In Ten Romanians Use The Internet For Purchase Decisions

Seven in ten Romanians say the Internet has become a highly useful means of collecting product information before making purchase decisions, according to a survey by market research company...

Ecaterina Craciun · 26.08.2013 · 12:56 · 1 min