Social/Politics
Adrian Nastase Sentenced To Two Years In Prison For Corruption
Romania’s High Court of Justice on Monday sentenced former social democrat prime minister Adrian Nastase to two years in prison on charges of corruption in raising funds for his 2004 preside...
Romania Issues Bitter Cold Warning Valid Until Friday
Romanian meteorologists have issued an orange code warning of frosty weather valid from Monday until Friday for most of the country's regions, where temperatures are expected to drop to betw...
Labor Minister Says Public Wages May Be Raised 5% If GDP Growth Allows It
Romanian Labor Minister Sulfina Barbu Monday said Romania could raise public wages and pensions by a maximum 5% in the second half of the year, but only if the country posts an economic grow...
Romanian PM, IMF To Negotiate Raising Public Wages, Pensions As Of April
Romanian Prime Minister Emil Boc will negotiate a potential raise in public wages and pensions with the International Monetary Fund, leaders of the country’s ruling coalition decided Monday.
IMF Cuts Romania’s Economic Growth Forecast To 1.3%
The International Monetary Fund (IMF), which currently has one of the most optimistic forecasts for Romania’s economic growth this year, 1.8% to 2.3%, is getting ready to lower its estimates...
Romania Accepts EU Deficit Rules On Condition Of Being Allowed At Eurozone Member Talks
President Traian Basescu announced last night, before leaving for the European Union summit, whose main agenda is to reach agreement on deficit rules in the European Union, that Bucharest wi...
Romania To Secure Credit Lines Everywhere In Case Eurozone Derails – President
Romania is securing credit lines at the World Bank, the European Union, and “wherever” to have a fallback in case things take a turn for the worst in the eurozone, President Traian Basescu t...
Romania Has No Alarming Industry Relocation Problems, President Says
Europe has economic growth and unemployment problems because of major relocation of manufacturing industries to Asia but the issue is not alarming in Romania’s case, Romanian president Traia...
Romanian President, NATO Secretary General To Discuss Missile Shield, Smart Defense, Afghanistan
Romanian President Traian Basescu will meet Monday with NATO secretary general Anders Fogh Rasmussen to discuss the U.S. antimissile shield Romania is hosting, the "smart defense" concept an...