Social/Politics
Government Cuts Subsidy For Residential Construction Through Mortgage Loans
Romania's Government has decided not to subsidize the construction of homes through mortgage loans, arguing that budget revenues are insufficient to continue support for this program, and wi...
Chamber Of Deputies Ratifies Missile Defense Shield Agreement
Romania's Chamber of Deputies on Tuesday adopted the bill on the ratification of the U.S.-Romanian agreement on the deployment of a U.S. ballistic missile defense system in Romania.
Basescu Passes Law Banning Usury
Romanian President Traian Basescu on Tuesday passed the law prohibiting usury.
EBRD: Romanian Public Sector Hiring Kept Unemployment Low
Unemployment remained low in Romania in 2008-2010, compared with the levels recorded in Central Europe and the Baltic states, mainly because unemployment was relatively low even before the c...
Competition Council Expands Probe At Gas Pipe Contracts Auction
Romania’s Competition Council has expanded an investigation on auction bid rigging, regarding natural gas works, to include another six companies, the authority said in a news release Tuesda...
Romanian Opposition MPs Submit Motion Against Transport Minister
Romanian opposition lawmakers submitted a simple motion in the Chamber of Deputies Tuesday, targeting Transport Minister Anca Boagiu, liberal MP Eugen Nicolaescu said during the chamber’s pl...
President Says Would Welcome Government Reshuffle
President Traian Basescu said late Monday on public television he would quickly accept replacing Cabinet members but the prime minister needs to stay to ensure stability.
Romanian Lower House Committee Clears Welfare Bill
Romania’s committee for labor in the Chamber of Deputies adopted a report late Monday endorsing a bill on social welfare that has been stalled for several weeks in Parliament.
No Mention Of Any Privatization Or Listing Of State-Run Companies In 2012 Budget Draft
The 67-page report accompanying the 2012 state budget draft does not include even a single mention of the privatization of state-owned companies and of the sale of shares via the Bucharest S...