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Parliament Committees Endorse Mugur Isarescu for New Term as Central Bk Governor
Social/Politics

Parliament Committees Endorse Mugur Isarescu for New Term as Central Bk Governor

The Romanian parliament's budget-finance committees on Tuesday unanimously endorsed Mugur Isarescu for a new five-year term as central bank governor.

Oana Gavrila · 02.07.2019 · 14:03 · 1 min
Romanian Lower Chamber Passes Pensions Bill
Social/Politics

Romanian Lower Chamber Passes Pensions Bill

Romania’s Lower Chamber voted on Wednesday in favor of the pensions bill proposed by the country's ruling coalition, redrafted after it was declared unconstitutional back in March.

Oana Gavrila · 26.06.2019 · 17:26 · 1 min
Gas Prices for Household Consumers Drop 5% as of July 1
Energy

Gas Prices for Household Consumers Drop 5% as of July 1

The price of natural gas for household consumer will drop by 5% as of July 1, energy regulator ANRE said Monday.

Oana Gavrila · 24.06.2019 · 16:37 · 1 min
Tarom Replaces Interim General Manager After Two Weeks
Companies

Tarom Replaces Interim General Manager After Two Weeks

Madalina Daniela Mezei has been appointed interim general manager of Romanian state-owned airline Tarom, according to the company's website, replacing Maresi Caravan who was appointed just t...

Oana Gavrila · 20.06.2019 · 12:34 · 1 min
Maple Bear Canadian School Opens Its First Franchise in Sibiu
Companies

Maple Bear Canadian School Opens Its First Franchise in Sibiu

Maple Bear Canadian School opens its first franchise in Sibiu, central Romania, starting with the school year 2019-2020. Canadian educational methodology will be implemented at preschool lev...

Oana Gavrila · 20.06.2019 · 11:30 · 2 min
Social/Politics

Bucharest Main Train Station To Be Modernized Ahead of EURO 2020

The main train station in capital Bucharest will be modernized ahead of the 2020 European football championship with more ample works to follow, transport minister Razvan Cuc said Friday.

Oana Gavrila · 14.06.2019 · 16:32 · 1 min
EC: Romania Ranks Last In EU Regarding Research And Innovation Spending
Social/Politics

EC: Romania Ranks Last In EU Regarding Research And Innovation Spending

European Commission official Aurora Mordonu on Friday said Romania ranks last in the European Union regarding expenses in the field of research and innovation, adding Romania did not even ac...

Ecaterina Craciun · 14.06.2019 · 15:24 · 1 min
Government Signs Contract for Bucharest Train Station-Airport Railway
Social/Politics

Government Signs Contract for Bucharest Train Station-Airport Railway

Romania's government on Tuesday signed a contract for the design an execution of a railway line connecting Bucharest's main train station to the Henri Coanda International Airport.

Oana Gavrila · 11.06.2019 · 13:00 · 1 min
IMF Warns of Rising Macroeconomic Imbalances in Romania
Macroeconomics

IMF Warns of Rising Macroeconomic Imbalances in Romania

Consumption-led growth has remained strong in Romania, raising people’s incomes toward those in advanced Europe, but macroeconomic imbalances have also deepened and fiscal and current accoun...

Oana Gavrila · 07.06.2019 · 13:21 · 1 min