Social/Politics
Romania Declassifies Chevron Deals For Black Sea Blocks
Romanian mineral resources agency ANRM Thursday declassified a series of gas exploration contracts signed with US giant Chevron, after the latter agreed to make them public.
U.S. Oil Group Chevron Agrees To Declassify Contracts In Romania
U.S. oil group Chevron agreed to declassify the contracts signed with Romanian authorities, and the documents will be published Thursday, April 26, on the website of local mineral resources...
Banca Carpatica Chairman Carabulea Steps Down In Wake Of Prison Sentence
Businessman Ilie Carabulea on Thursday resigned from the position of chairman of the supervisory board of Romanian lender Banca Comerciala Carpatica (BCC.RO), after he was sentenced to one a...
Ilie Carabulea Sentenced To 1 And A Half Years In Prison
Romanian businessman Ilie Carabulea was sentenced Thursday to one and a half years in prison for bribing a prosecutor. The prosecutor, Florin Apostu, was sentenced to five years in prison.
190,000 Romanians Earn More Than EUR1,000/Month
Almost 190,000 Romanians were earning more than 5,000 lei (over EUR1,140) in gross salary in October 2011, almost as many as in October 2008, even though the total number of employees went d...
Clunkers, Green House Program May Be Cut Short In 2012 Over Lack Of Funds
Romania's clunkers program and Green House scheme, which is designed to encourage the use of alternative energy systems, may be cut short in 2012 because the Environment Fund has a smaller b...
EU Launches In-Depth Probe Into Preferential Tariffs At Hidrolectrica
The European Commission has opened five distinct in-depth investigations to assess whether the Romanian state-controlled hydropower producer Hidroelectrica S.A. purchased or sold electricity...
Basescu: Romanian Chamber Of Deputies Might Adopt EU Fiscal Stability Treaty In Two Weeks
Romanian President Traian Basescu told European Council President Herman Van Rompuy Wednesday that the Chamber of Deputies might adopt the bill ratifying the European Union’s fiscal stabilit...
European Council President Commends Romania On Endeavors For Shengen Accession
European Council president Herman Van Rompuy has praised Romania for some of its initiatives regarding border control and police cooperation meant to boost confidence into being allowed to j...