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Social/Politics

Prime Minister Ungureanu To Take Over Environment Ministry Temporarily

Romanian Prime Minister Mihai Razvan Ungureanu has confirmed that Environment Minister Laszlo Borbely handed in his resignation Thursday, and announced he will take over the ministry in an a...

Radu Bostan · 05.04.2012 · 13:48 · 1 min
Environment Minister Hands In Resignation Amid Corruption Accusations
Social/Politics

Environment Minister Hands In Resignation Amid Corruption Accusations

Romanian Environment Minister Laszlo Borbely on Thursday handed in his resignation letter after a two-hour talk with Prime Minister Mihai Razvan Ungureanu regarding the corruption accusation...

Ioana Tudor · 05.04.2012 · 12:41 · 1 min
Romania Household Income Up 5.8%, Household Spending Up 6.6% In 4Q 2011
Retail&Consumer

Romania Household Income Up 5.8%, Household Spending Up 6.6% In 4Q 2011

The monthly average income per household and per capita in Romania rose 5.8% and household spending rose 6.6% in the fourth quarter of 2011 compared to the previous quarter, according to a h...

Ecaterina Craciun · 05.04.2012 · 11:46 · 2 min
Companies

Privatization Money Will Be Wasted Unless Spent On Real Projects

Romania risks privatizing companies for nothing if the money goes to wage and pension payments. The government has to come up with real projects for spending the almost EUR240 million to be...

Radu Bostan · 05.04.2012 · 00:00 · 2 min
Social/Politics

Government Removes Restrictions To Funding Local Authorities In 2012

Romania's Government has made changes to several laws and introduced certain exceptions in order to allot more money for local authorities, suspending until the end of the year the rule wher...

Radu Bostan · 04.04.2012 · 18:46 · 1 min
Consumer Protection Body Applied RON8M Fines For Shady Pricing Practices In 2011
Retail&Consumer

Consumer Protection Body Applied RON8M Fines For Shady Pricing Practices In 2011

Romania’s National Authority for Consumer Protection ANPC applied fines of 8 million lei (EUR1.8 million) in 2011 for irregularities regarding price-related practices.

Ecaterina Craciun · 04.04.2012 · 15:02 · 1 min
Orban: Romania's EU Fund Absorption Rate Up To 7.4% In March
Social/Politics

Orban: Romania's EU Fund Absorption Rate Up To 7.4% In March

Romania's rate of absorption of structural and cohesion funds was up to 7.4% in March, or 6.56% considering only actual transfers from the European Commission, Leonard Orban, Minister of Eur...

Radu Bostan · 04.04.2012 · 15:00 · 1 min
Union Leader Bogdan Hossu Probed For Corruption
Social/Politics

Union Leader Bogdan Hossu Probed For Corruption

The leader of the Cartel Alfa union, Bogdan Hossu, said Wednesday he has been placed under investigation by anticorruption prosecutors for acts of corruption in connection with the awarding...

Ecaterina Craciun · 04.04.2012 · 13:39 · 1 min
Social/Politics

Romania Paid RON480M From Budget For HR Development Program While EU Funds Were Suspended

Romanian Labor Minister Claudia Boghicevici said Wednesday that the European Commission's interruption of payments for the human resources development program did not affect the beneficiarie...

Radu Bostan · 04.04.2012 · 13:34 · 1 min