Social/Politics
ANOFM: Romania Jobless Rate Dips To 5.29% In April
Romania's unemployment rate inched down to 5.29% in April, from 5.58% a month earlier, the country’s employment agency ANOFM said Thursday.
Vosganian: Romania Received Ten Letters Of Intent For Oltchim
Romania has received letters of intent from ten prospective investors in insolvent state-run chemical plant Oltchim Ramnicu Valcea, Economy Minister Varujan Vosganian said Thursday.
Romania Gets $200M After KazMunayGas Buys Back 26.6% Of Rompetrol
Romania will receive $200 million following the buyback of a 26.69% stake in Rompetrol Rafinare (RRC.RO) by Kazakh state-owned company KazMunayGas, the Government said Wednesday.
E&Y: Over 60% Of Romanian Executives Said Local Business Environment Is Corrupt
Some 61% of Romanian company managers believe that corruption is widely spread in business in Romania, according to a survey conducted by Ernst&Young (E&Y).
World Bank Group President Jim Yong Kim To Visit Romania
World Bank Group President Jim Yong Kim will visit Romania on May 9 and 10, his first visit to the country since becoming president in July 2012, the institution said in a press release Wedn...
Isarescu: Romanian Economy Could Grow More Than Projected In 2013
A good farm output could boost Romanian economic growth above the central bank’s forecast of 1.5%-1.6% in 2013, the bank’s governor Mugur Isarescu said Wednesday.
Ponta: KazMunayGas To Have $1B Investment Fund In Romania
The Romanian government sold a part of its stake in oil group Rompetrol for $200 million to Kazakh state-owned company KazMunayGas, which will soon have an investment fund of $1 billion in R...
Leu-Euro Fluctuations Of 5%-6% Are Reasonable, Says Isarescu
Romania’s central bank is keeping a close eye to the leu’s evolution against the euro, but movements of 5% to 6% on either side are “reasonable,” the bank’s chief Mugur Isarescu said Wednesd...
Isarescu: Lenders Should Cut Rates To Boost Demand
Romanian central bank governor Mugur Isarescu said Wednesday that the institution’s move to cut interest rates on its standing facilities should reflect in lower loan rates on the interbank...