Social/Politics
Thousands Protest Outside Parliament During No-Confidence Motion Against Romanian PM
At least two thousand people protested on Wednesday afternoon in front of Bucharest’s Palace of the Parliament, asking for the resignation of the Romanian Government, while inside the buildi...
World Bank Approves EUR400M Disaster Risk Management Loan to Romania
The World Bank’s Board of Executive Directors on Wednesday approved a EUR400 million Disaster Risk Management Development Policy Loan for Romania to support the country's efforts to effectiv...
Romanian Ruling Party Leader Sentenced To Prison In Fictitious Hiring Case
Romania’s Supreme Court sentenced social democrat leader and Lower Chamber chairman Liviu Dragnea to three years and six months in prison on Thursday for instigating abuse of office, in a ca...
Government Relaunches Fuel Excise Refund Scheme for Transporters
Romania's government approved a memorandum Thursday for a state aid scheme to refund a portion of fuel excise duties to road transporters of passengers and cargo, the finance ministry said.
World Bank Approves New Country Partnership Framework for Romania
The World Bank Group’s Board of Executive Directors endorsed a new five-year Country Partnership Framework (CPF) for Romania that will prioritize investments in people, support for vibrant p...
Romania Launches 5-Year Bonds for General Population at 5% Yield
Romania's finance ministry on Friday launched a five-year bond issue for the general population offering a yield of 5% a year.
Eurostat: Romania Has Highest Rate of Overcrowded Dwellings in EU
Romania has the highest overcrowding rate in its households among European Union states, of 48.4%, Eurostat data showed Tuesday.
Romania Seeks to Raise RON4B Selling Bonds to General Population at 4.5% Yield
Romania's government will launch a five-year bond issue for the general population later this week, with a yield of over 4.5% a year, finance minister Eugen Teodorovici said Monday.
SME Council Calls For Preservation Of Private Pensions Pillar II, Increase Of Contribution To 6%
The mandatory private pensions Pillar II must be preserved because it represents an additional source of income for employees upon retirement and ensures the efficiency of private pensions,...