Social/Politics
Energy Minister Seeks Solutions To Lower Electricity Bills
Romanian Minister-delegate for Energy Constantin Nita said Thursday he plans to lower cogeneration fees and energy transport tariffs and find additional solutions to support both industrial...
Romania Becomes Second Corn Producer In EU Again
Romania will return to second place among corn producers in the European Union this year as its harvest is estimated at 11.3 million tons, leaving Italy (8 million tons) and Hungary (8.6 mil...
Romania To Cover RON100M Financial Corrections For Environment Program From Budget Funds
The Romanian Government decided that financial corrections worth around RON100 million, which were imposed by the European Commission for irregularities in managing the EU-funded operational...
BNR: Follow-up Deal With IMF Should Shelter Romania’s Banks Against Abusive Claims
Romania’s planned follow-up agreement with the International Monetary Fund should include a series of stipulations regarding the personal insolvency law that would limit bank exposure to dam...
PM: CFR Marfa Privatization Contract To Be Signed After CSAT Meeting, Possibly In September
The contract to sell a majority stake in Romania’s state-owned freight railway carrier CFR Marfa will be signed after the country’s high defense body CSAT endorses it, possibly in September,...
Government Approves CFR Marfa Privatization Contract - Sources
Romania’s Government Wednesday approved the contract by which private railway company Grup Feroviar Roman (GFR) takes over 51% of state-owned freight railway carrier CFR Marfa, people close...
Isarescu: Romania Must Stimulate Sustainable Economic Growth
Romania must intensify efforts to stimulate the development of both human and natural resources and ensure sustainable economic growth, central bank governor Mugur Isarescu said Wednesday.
Eurobarometer: 90% Of Romanians Believe Country’s Economic Situation Is Bad
A survey from Eurobarometer shows that 90% of Romanians think the country’s economic situation is bad, while 31% believe the situation will deteriorate further over the next 12 months.
Romania Private Lending Rises To RON224.2B In June
Romanian private lending rose 1.1% in real terms to 224.16 billion lei (EUR50.67 billion) in June, from RON221.6 billion a month earlier, central bank data showed Tuesday.