Social/Politics
Parliament Rejects President’s Call For Referendum
Romania’s Parliament rejected Tuesday the head of state’s request to organize a national referendum on switching to a single-chamber Parliament and capping the number of lawmakers at 300.
Financing For 2013 First Home Program To Be Depleted In Three Months
Financing through this year’s state-guaranteed First Home mortgage lending program has reached EUR490 million and 13,000 beneficiaries, and the remaining EUR300 million will be depleted in t...
WB, EBRD, IMF Heads Come To Bucharest To Check One Of Their Biggest Debtors
Romania is in the spotlight after welcoming the heads of the World Bank and the EBRD and now it is getting ready for the upcoming visit of the International Monetary Fund Managing Director C...
Ponta: Help From EBRD Is Romania’s Only Real Chance To Modernize CFR
Romania is ranked third regarding volume of investments by the European Bank for Reconstruction and Development, Prime Minister Victor Ponta said Monday after a meeting in Bucharest with EBR...
Foreign Investments Continue Decline: Just EUR322M In Four Months
Romanian foreign direct investment, or FDI, fell 34.8% to EUR322 million in the first four months, from RON494 million in the year-ago period, the central bank said Monday.
Romania Posts EUR54M Current Account Surplus In January-April
Romania's current account balance posted a surplus of EUR54 million in the first four months versus a deficit of EUR1.54 billion in the year-ago period, central bank data showed Monday.
Ponta Says Romania Wont’s Apply For IMF Waivers, As Everything Is On Schedule
Prime Minister Victor Ponta said Romania will not apply for IMF waivers, although the country’s latest letter of intent to the IMF says the government and the central bank requested a three-...
IMF’s Lagarde To Visit Bucharest, Ponta Says
International Monetary Fund Managing Director Christine Lagarde will come to Bucharest, said Romanian Prime Minister Victor Ponta, and people close to the matter added authorities will discu...
EBRD President Visits Romania June 17-18
Sir Suma Chakrabarti, the President of the European Bank for Reconstruction and Development, visits Romania on June 17 and 18 for talks with senior officials, business partners and civil soc...