Social/Politics
New Energy Strategy To Be Completed By End-July - State Secretary
The Romanian Economy Ministry secretary of state Rodin Traicu on Wednesday said the country’s new energy strategy will be completed by the end of July.
Hidroelectrica’s Insolvency May Raise Sovereign Risk Fears - Bancpost Official
The situation at hydropower producer Hidroelectrica may be regarded by foreign analysts as a warning that, since one of the largest state companies enters insolvency, Romania might witness m...
Ponta Nominates Andronescu For Education Minister, Hasotti For Culture Minister
Romanian Prime Minister Victor Ponta on Wednesday nominated social democrat Ecaterina Andronescu for education minister and liberal Puiu Hasotti for culture minister.
ANAF Unfreezes Public TV Network's Accounts For Six Months
Romania's tax authority ANAF will unfreeze the accounts of public television network TVR for six months, during which time the network will be reorganized, people close to the matter told ME...
Romanian Cabinet Discusses Bill Capping Wages Of State Company Employees
Romania’s Government is discussing Wednesday a bill capping the wages of employees at state companies.
Management Incompetence Turns Into National Economy Sabotage
Remus Vulpescu, the lawyer appointed by Prime Minister Victor Ponta to run Hidroelectrica, the largest state-owned company, says the decision to file for insolvency was made on Friday, after...
Culture Minister Resigns From Cabinet
Romanian Culture Minister Mircea Diaconu said Tuesday he is stepping down from the Cabinet, after he lost his final appeal against a ruling of incompatibility.
Culture Minister Mircea Diaconu Incompatible With Public Office
The Romanian High Court Of Justice on Tuesday decided that Culture Minister Mircea Diaconu is incompatible with the position of senator.
Sales Fall, Surging Debts Push Hidroelectrica To Request Insolvency
The Managing Board of Hidroelectrica decided to request the start of insolvency proceedings as the Romanian hydropower producer registered lower sales and rising debts, the company said in a...