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Romania Should Seek Better Credit Ratings - Minister
Banks-Insurance

Romania Should Seek Better Credit Ratings - Minister

Romania should use the current climate of fiscal stability to improve its position in international ratings, which in turn might ameliorate the relationship between banks and investors, Econ...

Florentina Dragu · 02.04.2013 · 15:06 · 1 min
Transelectrica Expects 2013 Profit To Fall On Tax Charge
Energy

Transelectrica Expects 2013 Profit To Fall On Tax Charge

Romanian state-run power grid operator Transelectrica (TEL.RO) estimates its pretax profit will fall 5% on the year in 2013, hurt by a newly introduced tax on natural monopoly in the energy...

Florentina Dragu · 02.04.2013 · 13:51 · 1 min
Social/Politics

Ponta Denies Making Nominations For Chief Prosecutors

Romanian Prime Minister Victor Ponta, who is also acting justice minister, said Tuesday the country’s new prosecutor general and chief anticorruption prosecutor will be selected by the futur...

Oana Gavrila · 02.04.2013 · 13:11 · 1 min
Ponta To Nominate Kovesi For Chief Anticorruption Prosecutor
Social/Politics

Ponta To Nominate Kovesi For Chief Anticorruption Prosecutor

Romanian Prime Minister Victor Ponta, who is also acting justice minister, said Tuesday he will be nominating former prosecutor general Laura Codruta Kovesi as head of the National Anticorru...

Oana Gavrila · 02.04.2013 · 10:38 · 1 min
Romania Jobless Rate Inches Higher In February
Social/Politics

Romania Jobless Rate Inches Higher In February

Romania's unemployment rate inched up to 6.7% in February, from 6.6% a month earlier, seasonally adjusted data from the statistics institute INS showed Tuesday.

Florentina Dragu · 02.04.2013 · 10:00 · 1 min
Price Of Gasoline Up 5% And Diesel Oil Price Up 4% In 1Q
Energy

Price Of Gasoline Up 5% And Diesel Oil Price Up 4% In 1Q

In the first quarter of the year major fuel distributors boosted pump prices, although estimates made by oil companies at the beginning of 2013 showed that consumption was expected to stay f...

Oana Gavrila · 02.04.2013 · 07:55 · 1 min
First 100 Days Of Ponta Government: Major Measures To Relaunch Economy Have Yet To Be Seen
Social/Politics

First 100 Days Of Ponta Government: Major Measures To Relaunch Economy Have Yet To Be Seen

In the 100 days in office of the Government led by prime minister Victor Ponta, he presided over 13 government meetings, took five trips abroad, had seven meetings with officials (of the IMF...

Oana Gavrila · 02.04.2013 · 07:48 · 1 min
Price Of Romanian Corn Fell 30% In Past Three Months
Social/Politics

Price Of Romanian Corn Fell 30% In Past Three Months

The price of corn has fallen to 800 lei/ton (EUR180/ton) in Romania, 30% less than three months ago and the trend points to further declines in the coming period.

Manuela Panescu · 02.04.2013 · 00:00 · 3 min
Minister: Romania Suspends Parallel Export Of Cancer Drugs Until Yearend
Health

Minister: Romania Suspends Parallel Export Of Cancer Drugs Until Yearend

Romania’s Health Minister Eugen Nicolaescu said he will sign a minister order on Monday halting the parallel export of all monitored oncology drugs until the end of the year.

Ecaterina Craciun · 01.04.2013 · 18:12 · 1 min