Social/Politics
IMF: 2012 Elections Pose Risk To Reforms
The 2012 elections pose the greatest risk to the reforms assumed by Romania before international institutions, as the Government might undo some of them, arguing that the crisis is over and...
IMF: Romania May Reduce Social Security Taxes If It Guarantees Budget Gap Below 3% In 2012
Romania may reduce the social security taxes paid by employers only if there are guarantees that it can achieve the fiscal targets of 2011 and 2012, when the budget deficit must drop below 3...
Government Approves Projects To Be Carried Out In Public-Private Partnership
The Romanian Government on Wednesday approved a list of 18 public investment projects to be carried out under public-private partnership (PPP).
Prosecutors Indict 62 More Border Police Officers For Corruption
Romanian anticorruption prosecutors on Wednesday indicted 62 border police officers and 4 customs workers at the Siret crossing point in northeastern Romania on charges of corruption.
Romania Meets EU Criteria For Loan Disbursement - Finance Minister
Romania has met the fiscal and structural reform criteria requested by the European Commission for the disbursement of the final tranche of a EUR5 billion loan, Finance Minister Gheorghe Ial...
Eurostat Team Visits Romania For Talks On 2010 Deficit
A team of European Union’s statistical arm Eurostat will arrive in Bucharest at the end of the month to hold talks on the country’s budget for 2010, a Finance Ministry official said Wednesda...
Basescu Summoned To Appear In Court After He Sued Opposition MP
A Bucharest court on Wednesday summoned President Traian Basescu to appear in court on May 18, in a case in which the head of state sued opposition social democrat MP Mugurel Surupaceanu who...
Nokia To Close Romanian Research And Development Center, Cut 120 Jobs
Finnish mobile giant Nokia could lay off about 120 employees from its Research and Development Center in Cluj, central Romania, and the center will be shut down by the end of the third quart...
Senate Rejects Solidarity Tax Targeting Financial Institutions
The Romanian Senate on Wednesday rejected a bill introducing a 2.5% solidarity tax on the profit of financial and lending institutions, which was put forward by several ruling democrat liber...