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Social/Politics

Ex-Ministers Dragoi And Diaconescu Appointed Presidential Advisers

Romanian former ministers Bogdan Dragoi and Cristian Diaconescu have been appointed presidential advisers, the Presidency said Wednesday.

Ioana Tudor · 09.05.2012 · 14:48 · 1 min
Banks-Insurance

Romanian Privatization Calendar Sidetracked, Says IMF

The planned privatizations of state companies in Romania have been sidetracked following a series of unsuccessful auctions and the country should now focus on a shorter list of six enterpris...

Florentina Dragu · 09.05.2012 · 13:43 · 1 min
Ponta Reiterates Second Public Wage Raise Will Be In December
Social/Politics

Ponta Reiterates Second Public Wage Raise Will Be In December

Romanian Prime Minister Victor Ponta reiterated Wednesday that a second raise in public wages will be granted as of December, after IMF mission head Jeffrey Franks said wages would be fully...

Oana Gavrila · 09.05.2012 · 11:51 · 1 min
Social/Politics

Romanian Soldier Severely Injured In Afghanistan Last Year Dies In Hospital

A Romanian soldier who was severely injured in Afghanistan last year died Wednesday morning at the military hospital in Bucharest, the Defense Ministry said.

Oana Gavrila · 09.05.2012 · 11:50 · 1 min
IMF, Romania Agree On New 2012 Budget Deficit Target
Macroeconomics

IMF, Romania Agree On New 2012 Budget Deficit Target

Romania and the International Monetary Fund have agreed to increase the budget deficit target to 2.2% of the gross domestic product in 2012, from 1.9% of GDP previously, IMF mission chief Je...

MediafaxFoto - Mediafax · 09.05.2012 · 11:07 · 1 min
EUR200M Gamble To Get On Soccer Map. Was It Worth It?
Social/Politics

EUR200M Gamble To Get On Soccer Map. Was It Worth It?

Romania will find out whether the EUR200 million spent on the National Arena were worth it or not this Wednesday. The UEFA Europa League final brought 30,000 tourists to Bucharest.

Radu Bostan · 09.05.2012 · 00:00 · 1 min
Social/Politics

Budget, Treasury And Fiscal Authorities Keep Their Heads

Gheorghe Gherghina, also known as the “father of the budget”, Serban Pop, recently appointed at the helm of the fiscal authorities, and Cristian Sporis, the banker turned secretary of state...

Radu Bostan · 09.05.2012 · 00:00 · 1 min
Social/Politics

Government To Revise Budget In End-July

Romania's Government will carry out this year's first budget revision at the end of July, Finance Minister Florin Georgescu announced Tuesday.

Radu Bostan · 08.05.2012 · 20:57 · 1 min
Ponta Government To Recover Money Sent By Previous Administration To Local Authorities
Social/Politics

Ponta Government To Recover Money Sent By Previous Administration To Local Authorities

Romania's Government on Tuesday decided to recover the funds allotted by the previous administration to local authorities, from the budget reserve fund, and not yet spent.

Radu Bostan · 08.05.2012 · 19:58 · 1 min