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High Temperatures Expected In W Romania Saturday Through Tuesday
Social/Politics

High Temperatures Expected In W Romania Saturday Through Tuesday

Romanian meteorologists have issued a yellow code warning expecting temperatures of up to 37 degrees Celsius in western Romania from Saturday until Tuesday.

Ioana Tudor · 29.06.2012 · 13:35 · 1 min
Economy Ministry Appoints Special Administrator At Hidroelectrica
Energy

Economy Ministry Appoints Special Administrator At Hidroelectrica

Romanian Economy Ministry Thursday appointed Remus Vulpescu, the head of its privatization division, as special administrator of insolvent energy producer Hidrolectrica.

Florentina Dragu · 28.06.2012 · 16:06 · 1 min
EU Commissioner For Regional Policy To Visit Romania Saturday
Social/Politics

EU Commissioner For Regional Policy To Visit Romania Saturday

European Commissioner for Regional Policy Johannes Hahn will visit Romania Saturday and will participate in a conference on Romanian-Bulgarian cross-border cooperation, according to an offic...

Ioana Tudor · 28.06.2012 · 12:33 · 1 min
Government OKs Listing Of 15% Stake In Transgaz
Capital Market

Government OKs Listing Of 15% Stake In Transgaz

The Romanian Government Wednesday approved the listing on Bucharest Stock Exchange of a 15% stake in state-run natural gas pipeline operator Transgaz Medias (TGN.RO).

Manuela Panescu · 28.06.2012 · 10:15 · 1 min
Economy Ministry: Romgaz Unlawfully Spent Over RON238M
Energy

Economy Ministry: Romgaz Unlawfully Spent Over RON238M

Romanian natural gas producer Romgaz has wrongly spent more than 123 million lei (EUR27 million) on machinery and equipment, and another RON115 million on activities that did not improve its...

Radu Bostan · 27.06.2012 · 19:40 · 1 min
BNR Not Worried About Leu’s Recent Fall Vs Euro
Banks-Insurance

BNR Not Worried About Leu’s Recent Fall Vs Euro

Romania’s central bank is prepared to use all its available tools to parry potential speculative attacks against the leu if the national currency weakens too much, but its recent depreciatio...

Florentina Dragu · 27.06.2012 · 19:29 · 1 min
Constitutional Court Overrules Law On Single-Winner General Elections
Social/Politics

Constitutional Court Overrules Law On Single-Winner General Elections

Romania’s Constitutional Court on Wednesday overruled the law introducing a single-winner first-past-the-post system in general elections, while eliminating the election threshold.

Ioana Tudor · 27.06.2012 · 17:50 · 1 min
Employers Must Get 48 Hours' Notice Before Strike Action – Draft
Social/Politics

Employers Must Get 48 Hours' Notice Before Strike Action – Draft

Employees may start strikes only with at least 48 hours' notice to the employer and only with the consent of at least half of the total number of union members, says a draft emergency ordina...

Radu Bostan · 27.06.2012 · 17:48 · 1 min
Constitutional Court Decides President Represents Romania At European Council Summit
Social/Politics

Constitutional Court Decides President Represents Romania At European Council Summit

Romania’s Constitutional Court on Wednesday decided, with majority of votes, that Romania’s president attends European Council meetings, as head of state.

Ecaterina Craciun · 27.06.2012 · 17:08 · 1 min