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PM Shuffles Ministers Of Interior, Justice, Foreign Affairs
Social/Politics

PM Shuffles Ministers Of Interior, Justice, Foreign Affairs

Romanian Prime Minister Victor Ponta has proposed Mircea Dusa for Minister of Interior, Radu Stroe for Minister-delegate for Administration, Titus Corlatean for Minister of Foreign Affairs,...

Radu Bostan · 06.08.2012 · 13:47 · 1 min
Constitutional Court Asks For Permanent Voter Lists Before Ruling On Impeachment Referendum
Social/Politics

Constitutional Court Asks For Permanent Voter Lists Before Ruling On Impeachment Referendum

Romania’s Constitutional Court on Monday said it sent a new letter to the government asking it to provide the updated permanent voter lists that were used to organize the referendum to impea...

Ecaterina Craciun · 06.08.2012 · 11:46 · 1 min
Romanian Interior Minister, Minister-Delegate Resign Amid Voter Numbers Scandal
Social/Politics

Romanian Interior Minister, Minister-Delegate Resign Amid Voter Numbers Scandal

Romanian Interior Minister Ioan Rus on Monday said he is resigning from office following pressures from both the opposition and the ruling party.

Oana Gavrila · 06.08.2012 · 10:18 · 1 min
Extreme Heat Expected In Romania Monday And Tuesday
Social/Politics

Extreme Heat Expected In Romania Monday And Tuesday

Romanian meteorologists have issued an orange code warning expecting temperatures of up to 42 degrees Celsius in capital city Bucharest and 22 counties in eastern and southern Romania Monday...

Ecaterina Craciun · 06.08.2012 · 10:06 · 1 min
Worst Case Scenario: 10 Things That Will Affect Romania’ Economy
Macroeconomics

Worst Case Scenario: 10 Things That Will Affect Romania’ Economy

The irresponsibility of the entire political class leads to economic decline and weakens the country’s ability to withstand external pressures.

Oana Gavrila · 06.08.2012 · 00:00 · 2 min
Central Bank Makes First Principal Payment On Romania’s IMF Loan As Leu Hits New Low
Macroeconomics

Central Bank Makes First Principal Payment On Romania’s IMF Loan As Leu Hits New Low

Romania’s central bank (BNR) on Monday makes its first principal payment on Romania’s EUR12 billion loan from the IMF, amounting to around EUR670 million from its forex reserve.

Oana Gavrila · 06.08.2012 · 00:00 · 2 min
Social/Politics

Basescu Warns Aug 31 Verdict On Referendum Might Come Too Late

Romania’s suspended President Traian Basescu said Romania’s economy is in a race against time until August 31, when the Constitutional Court is expected to reach a verdict on his impeachment...

Oana Gavrila · 05.08.2012 · 20:49 · 1 min
Social/Politics

Suspended Romanian President Says He Won’t Resign, It Would Be “Cowardly”

Romania’s suspended President Traian Basescu said Sunday he has no intention to resign because it would be cowardly and would successfully complete the governing Social Liberal Union’s coup.

Oana Gavrila · 05.08.2012 · 20:30 · 1 min
Metrorex To Hike Fares Up To 50% Saturday
Automotive

Metrorex To Hike Fares Up To 50% Saturday

Bucharest subway operator Metrorex will increase its fares Saturday and the highest price increase, of 50%, will be applied to ten-trip cards, which will cost 15 lei (EUR3.2).

Ioana Tudor · 03.08.2012 · 18:03 · 1 min