Social/Politics
BNR: Romania FDI Falls To EUR211M In First Quarter
Romanian foreign direct investment, or FDI, fell to EUR211 million in the first quarter, from EUR360 million in the year-earlier period, the central bank said Wednesday.
Romania Runs EUR69M Current Account Surplus In 1Q
Romania's current account balance posted a surplus of EUR69 million in the first quarter versus deficit in the year-ago period, helped by a surplus in the services segment and narrower incom...
Vosganian Voices Out Support For Romania's Nuclear Power Production Program
Economy Minister Varujan Vosganian said he supports the continuation of the nuclear power production program in Romania and the fact that planned investments in building two new reactors at...
Government Estimates Over 10,000 State Employees Will Be Laid Off By 2018
Over 10,000 employees in state companies and institutions will be laid off by 2018, according to a government estimate.
Romania's Economy Grows 0.5% In First Quarter
Romania’s gross domestic product expanded 0.5% in the first quarter, after an increase of 0.4% in the previous three months, a flash estimate of the country’s statistics institute showed Wed...
Which Companies Will Make It To The Shortlist To Buy CFR Marfa?
The Transport Ministry will on Wednesday have the shortlist of companies that remain in the race for buying the majority stake in state-run CFR Marfa, the largest railway freight transporter...
Posta Romana May Sack 4,000 Of Its 32,000 Employees In 2013
Romania's state-owned postal service operator Posta Romana is likely to lay off 4,000 of a total 32,000 employees this year, following a slump in activity, union leader Matei Bratianu said T...
Senate Legal Committee Endorses Bill Lowering Required Quorum On Referendums
The Senate’s committee for legal matters approved Tuesday a bill lowering the required quorum on a national referendum to 30% of voters instead of 50% plus one.
WB: Romania Is Europe’s Top Spender On Public Projects, But With Few Results
Romania has been Europe’s top investor in public sector projects in terms of GDP share over the past 10 years, but its investment-to-performance ratio is far from satisfactory, a senior econ...