Social/Politics
Romania's New Cabinet Wants To Restore Wages This Year
The Cabinet proposed by Prime Minister-designate Victor Ponta has included plans to restore public wages to pre-austerity levels in its governing program, sent to the Parliament Thursday eve...
Politicians Play Ping Pong With Public Sector Workers’ Wage Raises
High officials are tossing the issue of increasing public sector wages back and forth, while the Romanian currency is depreciating and rating agencies warn that a prospective increase in the...
Government Change Delays Romania's Privatization Plans
Oltchim Ramnicu Valcea (OLT.RO), the largest chemical plant in Romania, posted losses of 82.8 million lei (around EUR19 million), which means that for every day its privatization is delayed,...
Moody's: Romania’s 2nd Government Collapse In 3 Months Endangers Reforms
Romania’s second government collapse in three months will likely deepen investors concern about policy and reform implementation, making borrowing conditions more challenging for the new gov...
Ponta Hopes IMF Will Accept Public Sector Wage Raises
Romania's Prime Minister-designate, Victor Ponta, said Thursday that salary raises for the public sector are included in the government program, adding that he hopes negotiations with the IM...
Former Head Of Tax Authority Leaves Public Administration
Sorin Blejnar, former head of Romania's tax authority ANAF, has announced he is resigning from the department for the investigation of large wealth, because he will not work in an administra...
Ponta Sends List Of Ministers, Governing Program To Parliament Tonight
Romania’s Prime Minister-designate Victor Ponta, head of the Social Democratic Party, said he is sending the Parliament the list of proposed Cabinet ministers and his proposed Cabinet’s gove...
Basescu: Moldova Won't Be Buffer State Between NATO And Russia
Romanian President Traian Basescu said Thursday that Moldova is unlikely to turn into a buffer-state between NATO and Russia, on account of Romania hosting elements of the missile defense sy...
Basescu: Romania’s New Cabinet To Back Moldova’s EU Bid Regardless Of Political Color
Romanian president Traian Basescu on Thursday gave assurance Romania’s future Cabinet will support the Republic of Moldova’s European Union accession, adding Moldova’s EU entry is one of the...