Social/Politics
Former Romanian PM’s Lawyers Seek To Postpone Jail Sentence On Medical Grounds
Former Romanian prime minister Adrian Nastase’s lawyers will seek to postpone his jail sentence after his attempted suicide Wednesday evening, citing medical reasons, lawyer Ion Cazacu told...
Senate Adopts Bill Changing Majority Required To Suspend The Head Of State From Office
Romania’s Senate on Thursday adopted an amendment to the referendum law allowing the suspension from office of the head of state with the votes of the majority of people casting ballots in a...
Romania's Ex-PM Adrian Nastase Shoots Self After Prison Sentence
Former Romanian Prime Minister Adrian Nastase shot himself and was carried to an emergency hospital in Bucharest Wednesday night, hours after the High Court of Justice upheld a sentence of t...
Former PM Nastase Sentenced To Two Years In Prison
Romanian former prime minister Adrian Nastase has been sentenced to two years in prison by the High Court of Justice on charges of corruption in raising funds for his 2004 presidential elect...
Romania Ranks Next-To-Last In EU According To Failed States Index
Romania ranks 26 in the European Union by state stability, before Cyprus and after Bulgaria, as a result of strong political, economic and social pressure, according to the Failed States Ind...
BRD VP: Failure Of T-Bill Auction May Be Linked To Hidroelectrica Insolvency
The failure of Romania's treasury bill auction earlier this week can partially be the result of the announcement of Hidroelectrica's insolvency, which kept some banks out or made them demand...
Orban: Romania Wants To Draw EUR3.1B In European Structural, Cohesion Funds In 2012
The Romanian government targets to draw EUR3.1 billion this year through programs financed with European structural and cohesion funds, according to a memorandum approved by the Cabinet Wedn...
Bucharest Court Approves Hidroelectrica's Insolvency
The Bucharest Court on Wednesday approved the start of insolvency proceedings for Romanian hydropower producer Hidroelectrica, lawyer Remus Borza said.
Finance Ministry To Transfer Stake In Rompetrol Rafinare To Economy Ministry
Romania’s Finance Ministry will transfer its 44.7% stake in oil company Rompetrol Rafinare (RRC.RO) to the privatization unit of the Economy Ministry, according to an emergency ordinance app...