Social/Politics
Romania's New Finance Minister: Fiscal Stability To Support Growth
Romania’s budget will focus on the support of economic growth through fiscal stability, as well as improved tax collection, the fair application of fiscal legislation and the prioritization...
Orban: Romania Has Few Drivers Of Economic Growth, Must Increase EU Fund Absorption Rate
Romania’s European Affairs Minister Leonard Orban said Friday Romania has very few drivers of economic growth in 2012 and in the upcoming years, and a solution is increasing the country’s EU...
Ex-Education Minister Daniel Funeriu Appointed Presidential Adviser
Romanian President Traian Basescu on Friday appointed Former Education Minister Daniel Funeriu as presidential adviser, the Presidency said in a press release.
Romania's Population Decreased By 7,199 People In December 2011
Romania’s population has kept its downward trend and decreased by 7,199 people on the month in December 2011, according to data released Friday by the National Statistics Institute (INS).
IMF Urges Romania To Adopt New Circulation Schedules For Metrorex In Line With "Market Demand"
Bucharest subway operator Metrorex will adopt new circulation schedules to bring transport capacity in line with market demand, by the end of June 2012, as per the agreement between the Roma...
IMF Asks Romania To Begin Downsizing At Postal Operator; At Least 600 Layoffs Expected
Romanian state postal company Posta Romana will lay off at least 600 employees by the end of March and will continue to downsize its network, closing more than 135 offices, as per the agreem...
Romania’s New Cabinet Wins Confidence Vote
Romania’s new Government, led by Mihai Razvan Ungureanu, received a confidence vote in Parliament Thursday, allowing it to continue reforms pledged by the previous government under a deal wi...
IMF Urges Romania To Renegotiate Costly Contract For Rundown Rail Line
The International Monetary Fund has charged Romania's Government to renegotiate the contract for the Valcea-Valcele railway line, whose value has risen four times after it was unilaterally s...
Parliament Assembles To Hold Confidence Vote For New Government
The Romanian Parliament assembled Thursday to hold a confidence vote on the proposed Cabinet and governing program of Prime Minister Designate Mihai Razvan Ungureanu.