Social/Politics
BNR: Romania 1Q Public Debt Falls To 24.4% Of GDP
Romania’s total public debt as a share of the gross domestic product shrunk to 24.4% at the end of March from 29.4% in the year-ago period, largely due to fewer share and other equity holdin...
Terrorist Convict Omar Hayssam Handed Over To Romanian Police
Omar Hayssam, convicted of terrorism in Romania, was handed over to the Romanian Police Friday morning, Presidential Spokesperson Bogdan Oprea announced Friday.
Posta Romana To Lay Off 3,650 Employees, 11% Of Its Staff, In September
Romania’s state-owned postal operator Posta Romana will lay off 3,650 employees, 11% of its staff, starting September, part of the company’s restructuring efforts.
No To-Big-To-Fail Banks In Romania, Says Central Bank’s Chief
The largest Romanian banks are not nearly large enough to be deemed “too big to fail”, but some of them may be too big by local economic standards, central bank governor Mugur Isarescu said...
Florin Georgescu: Current Account Gap To Shrink To 2% Of GDP In 2013
Romania’s current account deficit will likely shrink to around 2% of the gross domestic product in 2013, central bank deputy governor Florin Georgescu said Thursday.
Competition Council Checks Dairy Product Makers
Romania’s antitrust body carried out checkups at the association of Romanian employers in the milk industry, or APRIL, targeting 14 of its members, in an investigation concerning possible an...
Top 30 CNADNR Payments: EUR750M For Roads Which Are Not To Be Seen
The 30 largest payments that Romania’s Highways and National Roads Company (CNADNR) made in the first half of the year total almost EUR750 million, shows a ZF analysis based on data provided...
RA-APPS Free To Sell State Property By Direct Negotiation After New Auction Failure
Romanian state property authority RA-APPS third attempt to auction off real estate in its portfolio has failed and may now proceed to sell properties by direct negotiation.
Romania Signs Memo On Power Market Coupling Project
The Romanian authorities and energy regulators in the Czech Republic, Poland, Slovakia and Hungary have signed a memorandum of understanding to combine their power markets, Romania’s power g...