Social/Politics
Romania’s Population Decreased By 7,587 People In April
Romania’s population decreased by 7,587 people in April 2013, when 14,577children were born and 22,164 people died, according to data released Monday by the national statistics institute INS...
Romania January-April Trade Deficit Shrinks To EUR1.67B
Romania’s trade deficit narrowed 37.7% on the year to EUR1.67 billion in the first four months, largely reflecting a 7.2% increase in foreign demand, the country’s statistics institute INS s...
INS: Adjusted Construction Works Down 3.7% On Month In April
Romanian construction works slid 3.7% in April from a month earlier, on falling activity in most sectors, the statistics institute INS said Monday.
Verbund: We Cannot Remove Existing Turbines, But We Could Discard Projects Of Around EUR100M
Verbund, the largest energy company in Austria, says it will not go ahead with investments of almost EUR100 million in expanding the wind project in Casimcea (Tulcea) if the support scheme i...
Romania’s Low Agricultural Yields Due To Tractor Density
The agriculture sector, which generates 6% to 7% of Romania's gross domestic product, has a density of only 20 tractors per 1,000 farmers. This is seventy times lower than France, the Europe...
Romania Expects Non-Binding Bids For Posta Romana By June 30, 2014
Romania has set June 30, 2014 as a new deadline for preliminary non-binding bids for the privatization of state-owned postal company Posta Romana, after no investor showed interest by the in...
ANOFM Puts Romania's Jobless Rate At 5% In May
Romania's unemployment rate edged down to 5.03% in May, from 5.29% a month earlier, the country’s employment agency ANOFM said Friday.
Romania Shadow Economy At 30% Of GDP – IEA Report
Black market activity in Romania is equivalent to almost one third of the country’s gross domestic product, the second-highest level in the European Union, according to a study by the Instit...
Guillermo Tolosa Named IMF Resident Representative In Romania, Bulgaria
The International Monetary Fund has appointed Guillermo Tolosa as the institution’s new resident representative in Romania and Bulgaria, effective July 1.