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Romania Gas Consumption Hits New Record As Freezing Weather Set To Stay
Energy

Romania Gas Consumption Hits New Record As Freezing Weather Set To Stay

Romanian natural gas consumption rose to yet another record of 72.7 million cubic meters a day Wednesday, from 71.5 million cubic meters in the previous day, while the freezing weather that...

Florentina Dragu · 02.02.2012 · 14:24 · 1 min
Basescu: Romania Paid Harsh Price For Politicians’ Inconsistency
Social/Politics

Basescu: Romania Paid Harsh Price For Politicians’ Inconsistency

Romania has paid a harsh price during its five years of EU membership for the inconsistency of its politicians, who discredited the country’s image in the European Union through some of thei...

Ioana Tudor · 02.02.2012 · 13:19 · 1 min
Romanian PM Counts Failure, Fulfillments Five Years After Country’s EU Accession
Social/Politics

Romanian PM Counts Failure, Fulfillments Five Years After Country’s EU Accession

Once it joined the European Union, Romania ensured freedom of movement for its citizens and strengthened its rule of law, but also experienced disappointment, such as its low fund absorption...

Ioana Tudor · 02.02.2012 · 12:42 · 1 min
Romania’s Net Financial Benefit From EU Budget Tops EUR5.6B – Minister
Banks-Insurance

Romania’s Net Financial Benefit From EU Budget Tops EUR5.6B – Minister

Romania has managed to cash EUR11.91 billion from the European Union budget, since January 1, 2007 when it joined the EU, and contribute EUR6.24 billion to the budget, which means the countr...

Ecaterina Craciun · 02.02.2012 · 12:18 · 1 min
Romania Issues Yellow Code Alert For Snow, Blizzards Over Weekend
Social/Politics

Romania Issues Yellow Code Alert For Snow, Blizzards Over Weekend

Romanian weather authorities have issued a new yellow code alert for heavy snowfall and blizzards expected throughout the country Friday through Sunday.

Oana Gavrila · 02.02.2012 · 10:23 · 1 min
Government Listing Plans vs. Achievements
Capital Market

Government Listing Plans vs. Achievements

The Romanian Government has been promising the International Monetary Fund (IMF) for two years that it will sell on the stock exchange minority stakes in the main state-run companies in the...

Radu Bostan · 02.02.2012 · 00:00 · 5 min
Social/Politics

Government Might Thaw Hiring In Authorities Running EU-Funded Projects

Romania's Government is preparing a bill to permit hiring in public institutions that run programs financed from EU funds, arguing that allowing these exceptions from the hiring restrictions...

Radu Bostan · 01.02.2012 · 19:20 · 1 min
Social/Politics

Romania To Amend Merger Rules, Following EC Warning

Romania's Justice Ministry has developed a draft emergency ordinance to implement the simplified rules on floated company mergers and divisions, following a warning from the European Commiss...

Radu Bostan · 01.02.2012 · 16:27 · 2 min
Opposition On Parliamentary Strike Indefinitely
Social/Politics

Opposition On Parliamentary Strike Indefinitely

Romanian opposition social democrat and liberal MPs on Wednesday approved a proposition to go on parliamentary strike for an indefinite period.

Ioana Tudor · 01.02.2012 · 16:18 · 1 min