Social/Politics
Romanian President Pleads For New IMF Agreement To Speed Up Convergence Program
Romanian President Traian Basescu said the completion of Romania’s current agreement with the International Monetary Fund, EU, and World Bank is crucial for the country’s credibility and a n...
Romania To Set Up New Company For Rosia Montana, Expects Billion Of Dollars In Revenue
Romania’s government will set up a new company to deal exclusively with the Rosia Montana gold mining project, which it expects will bring several billion dollars to the state budget, could...
Romanian President Challenges MPs Statute At Constitutional Court
Romanian President Traian Basescu on Friday notified the Constitutional Court on the recently adopted statute of lawmakers, raising claims that the act might be unconstitutional.
BRD, Swiss Capital To Broker Romanian CE Oltenia’s IPO
Romania’s Economy Ministry has hired a consortium comprising lender BRD Societe Generale (BRD.RO) and Swiss Capital to assist with the sale of a 12% stake in state-run energy holding CE Olte...
Government Might Seek Confidence Vote For Regionalization Bill In November
Romania’s government might seek a confidence vote in Parliament in November to pass a bill reorganizing the country into regions instead of counties, deputy prime minister Liviu Dragnea said...
Romania 1Q Budget Deficit Widens, But Still Below IMF Cap
Romania’s consolidated budget posted a deficit of 4.19 billion lei (EUR966 million) in the first three months, equal to 0.67% of the gross domestic product, Finance Ministry data showed.
Number Of Romanians Earning Over EUR1,000 Net Per Month On The Rise
Almost 225,000 Romanians earned more than EUR1,000 net per month (5,000 lei gross) last year, 19% more than in 2011, while the number of employees in the economy rose by less than 3% in the...
Basescu, Van Rompuy Discuss Lifting MCV Off Romania After December Report
Romanian President Traian Basescu said Thursday he and President of the European Council Herman Van Rompuy talked about a strategy to lift the Mechanism of Cooperation and Verification for R...
Ponta Signs Decision Appointing Gelu Stefan Diaconu Head Of The Tax Authority
Romanian Prime Minister Victor Ponta on Thursday signed the decisions dismissing Serban Pop from the position of president of the country’s tax authority ANAF and appointing Gelu Stefan Diac...