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Ponta Wants Parliament To Decide Who Will Represent Country At European Council Summit
Social/Politics

Ponta Wants Parliament To Decide Who Will Represent Country At European Council Summit

Romanian Prime Minister Victor Ponta said Monday he will ask the Parliament to decide who should represent Romania at the European Council summit on June 28.

Ioana Tudor · 21.05.2012 · 13:16 · 1 min
Ponta: Romania Risks Losing EU Funds Via HR Program Due To Management Flaws In 2010-2011
Social/Politics

Ponta: Romania Risks Losing EU Funds Via HR Program Due To Management Flaws In 2010-2011

Romania risks losing definitively EUR100 million in European funds this year and EUR1.1 billion next year through the Sector Operational Program for Human Resource Development (POSDRU) due t...

MediafaxFoto - Mediafax · 21.05.2012 · 11:06 · 1 min
Romania's Administration Idles While New State Secretaries Are Hired
Social/Politics

Romania's Administration Idles While New State Secretaries Are Hired

Two weeks after the new Government took office, one quarter of the jobs of state secretaries with in the ministries are still not filled. The sharing out of jobs from state secretaries downw...

Radu Bostan · 21.05.2012 · 00:00 · 3 min
Retail&Consumer

Agriculture Ministry To Sponsor Bill Promoting Sale Of Local Produce

Romanian Agriculture Minister Daniel Constantin said Sunday that he will sponsor a bill package to promote Romanian food products and stimulate their sale in hypermarkets.

Radu Bostan · 20.05.2012 · 13:20 · 1 min
Energy

Electrica GM Resigns

Ioan Folescu, general manager of Romanian energy supplier Electrica, resigned Friday, after the new administration expressed its doubts over his lack of political involvement.

Radu Bostan · 20.05.2012 · 13:07 · 1 min
Posta Romana To Lay Off 6,500 Employees, Almost 20% Of Staff
Social/Politics

Posta Romana To Lay Off 6,500 Employees, Almost 20% Of Staff

Romania's state-owned postal operator, Posta Romana, will sack almost 20% of its staff to avoid insolvency, with 1,029 employees to leave over the next three months and a further 5,500 emplo...

Radu Bostan · 18.05.2012 · 17:12 · 1 min
Basescu: Romania Wins With Any Alternative Energy Project In Balkans
Energy

Basescu: Romania Wins With Any Alternative Energy Project In Balkans

President Traian Basescu said Friday that any of the alternative energy supply projects in the Balkan region is a win for Romania, whether it is Nabucco, the South East Europe Pipeline or th...

Radu Bostan · 18.05.2012 · 15:25 · 1 min
Economy Minister: Hidrolectrica Bilateral Contracts No Longer Underpriced
Energy

Economy Minister: Hidrolectrica Bilateral Contracts No Longer Underpriced

Romanian state-run hydropower generator Hidrolectrica has managed to amend its controversial bilateral electricity contracts signed with corporate clients and had updated its tariffs with cu...

Florentina Dragu · 18.05.2012 · 15:14 · 1 min
US Ambassador Says He’ll Talk To Romanian Economy Ministry On Shale Gas Moratorium
Energy

US Ambassador Says He’ll Talk To Romanian Economy Ministry On Shale Gas Moratorium

US Ambassador to Bucharest Mark Gitenstein Thursday said he will discuss with Romanian Economy Minister Daniel Chitoiu on the government’s intention to impose a moratorium on shale gas explo...

Octav Ganea · 18.05.2012 · 11:47 · 1 min