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Energy

Isarescu Says Fuel Price Freeze Would Be Detrimental On Long Run

A price freeze on fuels would be detrimental to Romania on the long run, central bank governor Mugur Isarescu said Thursday.

Florentina Dragu · 05.05.2011 · 14:45 · 1 min
Real Estate

Erbasu: Builders Need Infrastructure Works To Survive

Recovery for Romania’s nearly-flatlined construction segment depends on investment, project selection and improved legislation, as the market is “running out of companies to go bankrupt”, Th...

Andrei Cîrchelan · 05.05.2011 · 14:18 · 1 min
Banks-Insurance

Isarescu: Leu’s Appreciation Helped Mitigate Large Shocks

Romanian leu’s nominal appreciation against the US dollar has dampened import prices and helped mitigate larger shocks, particularly in the fuels market, central bank governor Mugur Isarescu...

Florentina Dragu · 05.05.2011 · 13:01 · 1 min
Social/Politics

Ten EU Countries Maintain Labor Restrictions For Romanians

Ten European Union member states will retain some labor restrictions for Romanian and Bulgarian workers, four years after Romania and Bulgaria joined the EU.

Gavrila Oana · 05.05.2011 · 12:03 · 1 min
Social/Politics

Corneliu Vadim Tudor Referred To Prosecution Office Over Allegedly False Income Statements

Romania’s integrity agency ANI has referred far-right Greater Romania Party leader and MEP Corneliu Vadim Tudor to the General Prosecutors’ Office for alleged false statements in declaring h...

Gavrila Oana · 05.05.2011 · 11:27 · 1 min
Social/Politics

Romanian Anticorruption Prosecutors Indict 69 Customs Workers

Romanian anticorruption prosecutors Thursday have indicted 69 customs workers and border police officers from three customs points in western Romania, accused of taking bribes of over EUR82,...

Gavrila Oana · 05.05.2011 · 11:26 · 1 min
Social/Politics

Government Sets New University Hiring Rules

The Romanian Government decided Wednesday that contests for university teacher positions will be open to the public and candidates for professor positions will be evaluated by a commission t...

Ioana Tudor · 04.05.2011 · 19:33 · 1 min
Social/Politics

Romania To Change Supreme Court Hiring Criteria

Candidates for a position in the Romanian High Court of Cassation and Justice will have to meet a series of criteria, including at least 15 years work experience as a judge/prosecutor, and w...

Radu Bostan · 04.05.2011 · 18:21 · 1 min
Social/Politics

Registration Agents To Handle Company Setup, Closure - Draft Law

The registration, merger or closure of Romanian companies, as well as procedures to authorize self-employed people, will be carried out by registration agents, according to a draft law appro...

Ioana Tudor · 04.05.2011 · 18:15 · 1 min