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Romania Lowers Expectations For Tarom Privatization, Eyes EUR7.4M IPO
Capital Market

Romania Lowers Expectations For Tarom Privatization, Eyes EUR7.4M IPO

Romania's government has lowered expectations for its planned sale of a 20% stake in state-run airline Tarom, saying that it now estimates to raise up to EUR7.4 million in the initial public...

Florentina Dragu · 24.01.2012 · 13:55 · 1 min
Romanian Capital, Southern And Eastern Regions Under Alert For Heavy Snowfall
Social/Politics

Romanian Capital, Southern And Eastern Regions Under Alert For Heavy Snowfall

Romanian meteorologists on Tuesday issued a yellow code advisory expecting heavy snowfall and gusty winds in capital Bucharest and 30 counties from Tuesday night to Thursday night.

Oana Gavrila · 24.01.2012 · 13:02 · 1 min
Social/Politics

Government Won’t Amend Law Cutting Revolutionaries’ State Allowance

The Romanian Government will not amend a law that cut state allowances for revolutionaries, the institution said in a press release Tuesday.

Ioana Tudor · 24.01.2012 · 12:59 · 1 min
Social/Politics

Laid Off Military Staff Rally For Anti-Government Protest In Bucharest

Romanian laid off military staff have rallied Tuesday morning in Bucharest’s Victoriei square to show solidarity with the anti-government protesters who have been demonstrating countrywide f...

Ioana Tudor · 24.01.2012 · 12:29 · 1 min
Romanian President Calls For Loyalty And Solidarity On National Holiday
Social/Politics

Romanian President Calls For Loyalty And Solidarity On National Holiday

Romanian President Traian Basescu called on Romanians to be loyal, efficient and responsible for the benefit of the country in a message to the nation on the 153rd anniversary of the union o...

Oana Gavrila · 24.01.2012 · 11:44 · 1 min
Each New Day Of Protests Chips Away At The Economy
Social/Politics

Each New Day Of Protests Chips Away At The Economy

Irrespective of where the solution for the current political tensions is found, it should come as soon as possible. Executives say business is starting to be affected.

Radu Bostan · 24.01.2012 · 00:00 · 2 min
Social/Politics

PNL Proposes En Bloc Resignation Of Opposition MPs

Romanian Liberal Party leader Crin Antonescu said Monday evening that, since the ruling coalition does not agree to early elections, liberal MPs suggest the opposition's deputies and senator...

Radu Bostan · 23.01.2012 · 20:14 · 1 min
Liberal MP Ludovic Orban To Resign From Office – Sources
Social/Politics

Liberal MP Ludovic Orban To Resign From Office – Sources

Romanian liberal deputy Ludovic Orban on Monday informed the Liberal Party's leaders that he has decided to step down from his office, effective February 1, people close to the matter told M...

Radu Bostan · 23.01.2012 · 19:02 · 1 min
Social/Politics

Romania To Implement RON135.4M Project To Connect 2,446 Schools To Internet

Romania will implement a project worth 135.4 million lei (EUR31.15 million), financed from EU funds, through which 2,446 schools in rural areas and small towns will be connected to the Inter...

Radu Bostan · 23.01.2012 · 16:46 · 1 min