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Social/Politics

State’s Stake In Rosia Montana Might Be Raised If Romania Adopts Laws Supporting Mining Companies

The Romanian Government is in negotiations with Canadian company Gabriel Resources to increase the state's stake in the Rosia Montana Gold Corporation (RMGC) from 19.3% to 22.5%, according t...

Ioana Tudor · 30.10.2011 · 19:36 · 1 min
Social/Politics

Tourism Ministry Awards EUR3.2M Consulting Contract For Tourism Brand Promotion

The Romanian Tourism Ministry awarded a EUR3.2 million contract to firm EMC South Central Europe-The Network, which will provide consulting services to promote the country’s tourism brand, t...

Ioana Tudor · 28.10.2011 · 15:50 · 1 min
Social/Politics

Boagiu Signs EUR39.5M Contract For Suceava Airport Upgrade

Romanian Transport Minister Anca Boagiu and Suceava county council president Gheorghe Flutur on Friday signed the contract for the Suceava Airport's modernization through the Transport Opera...

Radu Bostan · 28.10.2011 · 15:39 · 1 min
Social/Politics

Basescu: Romania To Further Reduce Number of Public Sector Employees

Romania will continue to reduce the number of public sector employees, “especially in public administration,” President Traian Basescu said Thursday on public television.

Ioana Tudor · 28.10.2011 · 11:47 · 1 min
Social/Politics

Romanian Govt Likely To Seek Confidence Vote For Healthcare Reform, Social Welfare Bill

Romania’s Government will seek a confidence vote to pass healthcare, social welfare reforms and a bill regulating the appointment of Supreme Court Judges, President Traian Basescu said Thurs...

Oana Gavrila · 28.10.2011 · 11:22 · 2 min
Social/Politics

Romania To Provide Emergency Relief To Turkey, Libya

Romania's Government has decided to supply 100 tents to Turkey free of charge, as emergency earthquake relief, and provide medical care to 100 Libyan citizens injured in the civil war.

Radu Bostan · 27.10.2011 · 18:41 · 1 min
Social/Politics

World Bank: Romanian State Cos Receive Major Subsidies But Cause Massive Losses

One quarter of the 154 monitored Romanian state-owned enterprises have incurred losses of as much as hundreds of thousands of lei per employee, while only 14 companies have posted profit abo...

Radu Bostan · 27.10.2011 · 16:54 · 4 min
Social/Politics

EC: Romania Falling Further Behind Rest Of EU Because Of Poor Fund Absorption

Romania's poor absorption of European funds, only 3.5%, may cause the country to not only be allotted less money in the next EU fiscal plan, but also to lag further behind the rest of the Un...

Radu Bostan · 27.10.2011 · 15:44 · 1 min
Social/Politics

Borbely: Environment Certificate For Certej Mining Project Might Be Issued By End-Year

Romanian Environment Minister Laszlo Borbely said Thursday that the ministry will issue the environment certificate for the Certej, Hunedoara county gold mining project by the end of the yea...

Radu Bostan · 27.10.2011 · 15:14 · 1 min