Social/Politics
Romanian Economy Loses EUR20B A Year From Workforce Migration
Almost EUR20 billion could go towards consumer spending and the state budget if the 2.5 million Romanians aged over 18 working abroad were employed in Romania, according to ZF calculations t...
Constitutional Court Invalidates Referendum, President Basescu To Return To Office
Romania’s Constitutional Court ruled on Tuesday the July 29 referendum to impeach suspended President Traian Basescu was invalid, which means the president is set to return to office.
Constitutional Court Expected To Rule On Referendum Outcome Tuesday
Romania’s Constitutional Court is expected to rule Tuesday on the outcome of a July 29 referendum on whether to impeach suspended President Traian Basescu, which could possibly defuse a situ...
Insurers: We Cannot Say If The New Healthcare Bill Is Attractive Unless We Have A Clear Basic Healthcare Package
Launching for debate the new healthcare bill has left insurance companies in the dark again, as they are faced with the same difficulties, said Theodor Alexandrescu, general manager of insur...
ANCOM OKs All 5 Bids For Mobile Licenses; Auction To Follow In September
The auction commission of Romanian telecom regulator ANCOM decided Monday that all the five bids for mobile telephony licenses received from operators Orange Romania, Vodafone Romania, Cosmo...
Private Pension Funds Gained 330,000 Participants In Last 12 Months
Romania's mandatory and voluntary private pension funds gained 332,190 contributors between July 2011 and July 2012, growing from 5.34 million to 5.67 million participants, according to data...
A Saturated Market? Private Operators See 20% Annual Growth Once New Healthcare Law Is Passed
The private healthcare services, one of the most dynamic economic sectors over the past years, expect the implementation of the new health law which should trigger an annual 20% growth pace....
Private Investors Should Open Hospitals And Clinics Of EUR150M This Year
Investors, old and new, have announced plans to invest over EUR150 million in private clinics and hospitals in Romania, some of which should be completed this year and others in 2013 or late...
Romania Increases Subsidies For Eco-Farming From EUR3M To EUR4M
Romania will increase the subsidies for eco-farming from EUR3 million to EUR4 million, and beneficiaries will no longer be required to have no debts to the state or local budgets.