Social/Politics
Romania Sells Three New Bond Issues to General Population in January 2021
Romania's government will start selling three new bond issues for the general population starting January 4, 2021, the finance ministry announced Wednesday.
Fitch Ratings: Romania Election Does Not Allay Medium-Term Fiscal Uncertainty
Romania’s general election result points to continued political uncertainty and hence a still-challenging policy-making environment and the need to pass a 2021 budget will be a near-term tes...
Eurostat: Romania Had Highest Decrease In Housing Expenditure In The EU Between 2009 And 2019
Romanians’ household expenditure, namely, costs with housing, water, electricity, gas and other fuels, saw the largest decrease among EU Member States, between 2009 and 2019, Eurostat data s...
Romanian Prime Minister Ludovic Orban Steps Down After Parliamentary Elections
Romanian prime minster Ludovic Orban said Monday he has decided to resign as head of government, ahead of negotiation for a new Cabinet after Sunday's parliamentary elections.
Exim Bank US President in Romania Monday to Discuss Energy Projects Financing
President and Chairwoman of Exim Bank US Kimberley Reed will arrive in Bucharest Monday to discuss the agreement between the bank and the Romanian government for the financing of energy and...
Romania Raises RON7.9B and EUR2.5B in November
Romania's finance ministry raised RON7.86 billion selling bonds on the domestic market in November, 55.4% above plan, plus EUR2.5 billion from international markets.
Labor Inspectorate: 1.75 Million Labor Contracts Terminated In Romania Since Onset Of COVID-19 Pandemic
The number of labor contracts terminated in Romania since March 16, 2020, when the country declared the state of emergency, has reached nearly 1.75 million, per Labor Inspectorate data provi...
Former NN Pensii Chief Raluca Tintoiu Wins Case Against Financial Regulator
Raluca Tintoiu, the former general manager of NN Pensii who decided to warn the fund's 1.9 million contributors in 2017 over political decisions that could affect their savings, has won the...
Romania Expects EUR3B Tranche of EUR4.1B SURE Loan
Romania will be receiving a first tranche of EUR3 billion from a European Union loan under the SURE support instrument, finance minister Florin Citu announced Wednesday.