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Gaps Between Romania And Western Europe May Become Growth Drivers
Social/Politics

Gaps Between Romania And Western Europe May Become Growth Drivers

Romania is at the bottom of the European Union rankings by gross domestic product, gross domestic product per capita or average wage. These are but the most obvious of the rankings, though....

Loredana Frățilă-Cristescu · 18.01.2012 · 00:00 · 6 min
Social/Politics

State Companies To Be Checked For Progress In Reducing Arrears

Economic-financial inspections at Romanian state-owned companies will check the steps taken by the management to bring in revenue, and reduce expenses and arrears, says a Government decision...

Radu Bostan · 17.01.2012 · 17:01 · 1 min
Social/Politics

Unions, Employers Refuse To Meet With Boc Regarding Protests

Romania's major trade union confederations and most employers' organizations have announced they will not meet with Prime Minister Emil Boc on Tuesday in the National Social Dialog Council,...

Radu Bostan · 17.01.2012 · 15:02 · 1 min
Raed Arafat Rejoins Romanian Health Ministry
Social/Politics

Raed Arafat Rejoins Romanian Health Ministry

Dr. Raed Arafat, who resigned from the position of Health Ministry deputy secretary of state last week, will return to the ministry to fill the same position, Romanian Prime Minister Emil Bo...

Ioana Tudor · 17.01.2012 · 14:39 · 1 min
Social/Politics

Laid Off Military Staff To Stage Protests In Bucharest In Jan 23-31

The union of Romanian laid off military staff will stage protests in Bucharest between January 23 and January 31, and will rally in the Victoriei Square, outside the Government headquarters,...

Ioana Tudor · 17.01.2012 · 13:33 · 1 min
Basescu Passes Law On Disciplinary Liability Of Magistrates
Social/Politics

Basescu Passes Law On Disciplinary Liability Of Magistrates

Romanian President Traian Basescu on Monday passed the law regarding the disciplinary liability of magistrates, said the Presidency.

Ioana Tudor · 17.01.2012 · 11:39 · 1 min
Romania Walks A Tight Rope Amid Riots
Social/Politics

Romania Walks A Tight Rope Amid Riots

The modicum of stability and good image that Romania boasts in investors’ eyes, which it strove hard to achieve through tough austerity measures and by being the IMF’s diligent student, coul...

Alexandru Matei · 17.01.2012 · 00:00 · 5 min
Romanian Leu, Stocks Unfazed After Street Protests, May Falter If Things Escalate
Capital Market

Romanian Leu, Stocks Unfazed After Street Protests, May Falter If Things Escalate

Violent protests that left 59 Romanians injured over the weekend had no effect on the local financial markets so far, but an escalation may lead to the government’s collapse and implicitly t...

Florentina Dragu · 16.01.2012 · 17:59 · 2 min
Violent Protests In Bucharest Turn Foreign Tourists Away From Romania
Social/Politics

Violent Protests In Bucharest Turn Foreign Tourists Away From Romania

Romania will receive fewer foreign tourists this year, as its image suffers because of the recent protests in Bucharest. The longer the violence lasts, the more drastic its effects on the nu...

Radu Bostan · 16.01.2012 · 17:36 · 2 min