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Debt-Mired CFR Calatori Needs Recapitalization, Might Be Privatized
Automotive

Debt-Mired CFR Calatori Needs Recapitalization, Might Be Privatized

Romanian Transport Minister Relu Fenechiu said Wednesday state-owned passenger railway carrier CFR Calatori needs recapitalization, which might be secured through loans or by selling the com...

Ioana Tudor · 03.07.2013 · 15:00 · 1 min
US Embassy: Romania Has Other Supply Options Besides Nabucco
Energy

US Embassy: Romania Has Other Supply Options Besides Nabucco

Azerbaijan’s decision not to ship its gas to Europe through the proposed Nabucco West pipeline was based on commercial reasons and should not be construed as a statement regarding Romania, s...

Florentina Dragu · 03.07.2013 · 13:38 · 1 min
Social/Politics

Romania Former Prime Minister Radu Vasile Dies At 71

Former Romanian prime minister Radu Vasile, 71, died Tuesday night of colon cancer.

Oana Gavrila · 03.07.2013 · 11:32 · 1 min
IMF Chief Christine Lagarde To Visit Romania July 15-16
Macroeconomics

IMF Chief Christine Lagarde To Visit Romania July 15-16

Christine Lagarde, Managing Director of the International Monetary Fund (IMF), will visit Romania on July 15 and 16, the IMF announced Tuesday.

Ecaterina Craciun · 02.07.2013 · 19:09 · 1 min
Romania Eyes Strategic Partnership With China
Social/Politics

Romania Eyes Strategic Partnership With China

Romania wants to conclude a strategic partnership with China meant to secure a strong collaboration in various fields, Romanian Prime Minister Victor Ponta said Tuesday at the end of talks w...

Ecaterina Craciun · 02.07.2013 · 15:13 · 1 min
Orange Romania Lowers Roaming Fees To Upper Limits Set By EU
Technology &Telecoms

Orange Romania Lowers Roaming Fees To Upper Limits Set By EU

Mobile telecom operator Orange Romania on Monday lowered its roaming tariffs to the upper limits set by the European Union.

Ioana Tudor · 01.07.2013 · 16:31 · 1 min
Romania Jobless Rate Inches Higher In May
Social/Politics

Romania Jobless Rate Inches Higher In May

Romania's unemployment rate inched up to 7.5% in May, from 7.3% in the previous month, seasonally adjusted data from the statistics institute INS showed Monday.

Florentina Dragu · 01.07.2013 · 10:00 · 1 min
Romania Ups Gross Minimum Wage To RON800 As Of July
Social/Politics

Romania Ups Gross Minimum Wage To RON800 As Of July

The gross minimum wage in Romania will increase from RON750 to RON800 a month, or RON4.74 an hour, as of July 1.

Oana Gavrila · 30.06.2013 · 16:30 · 1 min
Romania Raises Caps For Directly Awarded Public Contracts As Of July
Banks-Insurance

Romania Raises Caps For Directly Awarded Public Contracts As Of July

Romania has doubled the threshold on public services and product contracts awarded directly from EUR15,000 to EUR30,000 and raised the threshold on public works contracts awarded directly fr...

Oana Gavrila · 30.06.2013 · 16:22 · 1 min