Social/Politics
Romanian Cultural Institute Placed Under Senate’s Control - Court
Romania’s Constitutional Court on Tuesday upheld as constitutional the emergency decree transferring the Romanian Cultural Institute (ICR) from the administration of the presidency into the...
INS: Romania Jobless Rate Slightly Down To 7.6% In June
Romania's unemployment rate fell slightly in June to 7.6%, from 7.7% a month earlier, seasonally adjusted data from the statistics institute INS showed Tuesday.
Economy Ministry State Secretary May Be Appointed Administrator Of Electrica
Economy Ministry secretary of state Gelu Stefan Diaconu will be appointed temporary administrator of Romanian state-owned power distributor Electrica, according to a memorandum included on t...
Another Member Of Oltchim's Board Resigns
Grigore Craciunescu resigned from the managing board of Romania’s chemical producer Oltchim Ramnicu Valcea (OLT.RO), citing personal reasons.
Finance Ministry Brings Back Enache Jiru As State Secretary - Sources
Romania’s Finance Ministry named Enache Jiru as secretary of state and head of the State Treasury head to replace Cristian Sporis, sources with the ministry told MEDIAFAX Monday.
Deputy Fin Min Returns To Raiffeisen As Vice-President Of Corporate Unit
Raiffeisen Bank Romania, a unit of Austria’s Raiffeisen Bank International AG, Monday said it appointed Cristian Sporis, secretary of state with Ministry of Public Finance, as the bank’s vic...
Capital Economics: Leu Could Weaken Further As Political Upheaval Likely To Continue
The apparent survival of Romania’s suspended president Traian Basescu in Sunday’s referendum could throw the country deeper into political turmoil, most likely pushing the leu to new record...
Traian Basescu Survives Impeachment Vote, Stays Romania’s President
Romanian President Traian Basescu survived a referendum on his impeachment on Sunday after low voter turnout invalidated the vote.
Young Farmers Ask For EUR272M Financing
Romanian young farmers asked the country’s Payment Agency for Rural Development and Fishing APDRP a total EUR272.3 million worth of non-reimbursable financing, highly over the EUR120.8 milli...