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Attila Korodi Appointed New Environment Minister
Social/Politics

Attila Korodi Appointed New Environment Minister

Romanian President Traian Basescu on Tuesday signed the decree appointing Attila Korodi as environment minister.

Ecaterina Craciun · 10.04.2012 · 17:16 · 1 min
Ungureanu: I Can Make No Promises About Restoring Public Sector Wages
Social/Politics

Ungureanu: I Can Make No Promises About Restoring Public Sector Wages

Romanian Prime Minister Mihai Razvan Ungureanu told unionists at a meeting Tuesday that he is preoccupied about restoring public wages to pre-austerity levels, but will make no promises, hop...

Ecaterina Craciun · 10.04.2012 · 16:44 · 1 min
Banks-Insurance

Government Falsely Informed IMF About Obligation Fulfillment

Romania's Government has falsely informed the IMF that it has eliminated restrictions against the opening of large retail centers, and the letter of intent that includes this claim has been...

Radu Bostan · 10.04.2012 · 16:15 · 2 min
PCC Wants Updated Assessment Of Oltchim’s Debt To Romania
Energy

PCC Wants Updated Assessment Of Oltchim’s Debt To Romania

German PCC SE, a large shareholder in Romanian chemical company Oltchim (OLT.RO), has requested an updated assessment of the company’s public debt to the state privatization authority AVAS,...

Florentina Dragu · 10.04.2012 · 13:36 · 1 min
Roman Copper Reiterates Commitment To Romania’s Plans For Cupru Min
Companies

Roman Copper Reiterates Commitment To Romania’s Plans For Cupru Min

Canadian-based Roman Copper Corp. Tuesday reiterated its readiness to implement all terms under the acquisition contract of Romanian copper producer Cupru Min Abrud, including additional fin...

Florentina Dragu · 10.04.2012 · 11:00 · 1 min
Social/Politics

Romania's Population Decreased By 9,482 People In February 2012

Romania’s population has kept its downward trend and decreased by 9,482 people on the month in February 2012, according to data released Tuesday by the National Statistics Institute (INS).

Ioana Tudor · 10.04.2012 · 10:17 · 1 min
First Estimates: Drought To Cost Romania 2 Million Tons Of Grain
Retail&Consumer

First Estimates: Drought To Cost Romania 2 Million Tons Of Grain

Romania’s grain production will amount to 19.3 million tons this year, down 1.9 million tons as a result of the decline of wheat and corn crops, according to the March estimates of Coceral,...

Radu Bostan · 10.04.2012 · 00:00 · 1 min
Basescu Passes Law Regulating President’s Impeachment
Social/Politics

Basescu Passes Law Regulating President’s Impeachment

Romanian President Traian Basescu on Monday signed into law a bill that amends the referendum law and allows for the President of Romania to be impeached only with the votes of the majority...

Ioana Tudor · 09.04.2012 · 17:41 · 1 min
Dragoi: Romania's Tax Authority Will Undergo Reorganization
Macroeconomics

Dragoi: Romania's Tax Authority Will Undergo Reorganization

Romania’s tax authority ANAF will undergo a large reorganization process aimed to eliminate redundant operations and cut through the red tape, Finance Ministry Bogdan Dragoi said Monday.

Florentina Dragu · 09.04.2012 · 17:08 · 1 min