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King Michael Of Romania Delivers First Speech In Parliament After Abdication In 1947
Social/Politics

King Michael Of Romania Delivers First Speech In Parliament After Abdication In 1947

Romania’s former king, Michael I, addressed the Parliament Tuesday, on his 90th birthday and 64 years after his forced abdication in 1947.

Ioana Tudor · 25.10.2011 · 12:46 · 2 min
Basescu: Romania’s EU Fund Absorption Rate Stands At 14.8%
Social/Politics

Basescu: Romania’s EU Fund Absorption Rate Stands At 14.8%

Romanian President Traian Basescu said Monday the country’s European fund absorption rate stands at 14.8% of the budget allotted by the European Union.

Ioana Tudor · 24.10.2011 · 18:23 · 1 min
Basescu: Pensions, Public Sector Wages Will Not Be Cut In 2012
Social/Politics

Basescu: Pensions, Public Sector Wages Will Not Be Cut In 2012

Romanian President Traian Basescu said Monday that pensions would not be reduced or additionally taxed, and that public sector salaries would not be cut in 2012.

Radu Bostan · 24.10.2011 · 18:11 · 1 min
Social/Politics

Lower House’s Leadership Approves Institution’s Draft 2012 Budget

The Romanian Chamber of Deputies’ Standing Bureau on Monday approved the lower house’s draft budget for 2012 of 216 million lei (about EUR50 million), said the secretary of the institution,...

Ioana Tudor · 24.10.2011 · 17:51 · 1 min
Social/Politics

Geoana: Boc Needs Parliament Mandate To Negotiate With IMF

Romanian Senate president Mircea Geoana said Monday that he will write to Prime Minister Emil Boc and ask him to request the Parliament's mandate before negotiating with the IMF, World Bank...

Radu Bostan · 24.10.2011 · 16:20 · 1 min
Social/Politics

Opposition Wants VAT Cut To 19% To Vote On Draft 2012 Budget

Romanian opposition Social Democratic Party leader Victor Ponta said Monday the Social Liberal Union will vote on the draft budget for 2012 only if social security contributions are cut by 1...

Ioana Tudor · 24.10.2011 · 15:22 · 1 min
Social/Politics

2.2 Million Homes, 5.5 Million People Surveyed In First Three Days Of Census

More than 2.2 million homes and over 5.5 million people were surveyed in the first three days of the census (October 20 through October 22), the National Statistics Institute announced Sunda...

Iulian Anghel · 24.10.2011 · 00:00 · 1 min
Social/Politics

Brussels Postpones Decisions, Tension Mounts, Romania Looks For Shield

European leaders failed to find a solution on Sunday and postponed all decisions for Wednesday. President Basescu’s statements upon his departure for Brussels create fears: the cost of Roman...

Claudia Medrega · 24.10.2011 · 00:00 · 1 min
Social/Politics

Government States Support For Recently Adopted Bill Banning Usury

The Romanian Government said Friday it supports the bill banning usury in the format adopted recently by the Chamber of Deputies.

Ioana Tudor · 21.10.2011 · 17:19 · 1 min