Social/Politics
Former State Secretary Silviu Bian To Be Tried At Large For Corruption
Romanian former state secretary Silviu Bian, indicted on charges of corruption last year, has been released from arrest and will be tried at large.
EC Justice Report Positive On Romania, Negative On Bulgaria, Schengen Accession Doubtful – Sources
The European Commission's report on the Cooperation and Verification Mechanism (CVM), to be published Wednesday, is overall positive as regards Romania, but generally negative in the case of...
Romania To Subsidize Up To 5% Of Interest On Loans Taken By Farmers In 2011
Romania will subsidize the interest on loans taken by farmers between January 28 and December 31, 2011 by up to 5% in 2012 and 2013, according to an ordinance issued in 2010, whose methodolo...
Isarescu: Poor EU Funds Absorption Deepened Romania's Economic Slump
Romanian economy was severely hit by a sharp decline in foreign investments after 2008 and the poor absorption rate of European structural funds has only deepened the country’s recession, ce...
BNR Head: Changing Governments Can Be Stressful To Markets
Replacing the government of a country can be a stressful factor for the financial markets, but if resolved swiftly, it may be easily digested by investors, central bank governor Mugur Isares...
Ex-Senator Sentenced To Five Years In Prison For Fraud
Former social democrat senator Emilian Cutean has been sentenced to five years in prison by the Bucharest Court of Appeals for defrauding the government of over 200,000 lei (EUR45,998) durin...
Romanian 2011 Census Reports Fewer Roma Than Estimated – Association
The National Union of Roma Communities (UNCR) states that the figure of 619,000 Roma provided in the preliminary results of the 2011 Romanian census is four-five times lower than recent esti...
Prosecutor General Extends By Six Months Anticorruption Department Head’s Term
Romanian Prosecutor General Laura Codruta Kovesi extended by six months the term of National Anticorruption Department (DNA) head Daniel Morar, the Prosecution Office said in a press release...
Democrat Liberal Leaders Decide To Replace Party’s Ministers
Romania’s ruling Democratic Liberal Party head Emil Boc on Tuesday said the party leaders unanimously backed the decision to replace all democrat liberal ministers and the nominations of the...