Local
December 19, 2013 12:28
Romania’s President, Traian Basescu, announced he has promulgated the 2014 national budget upon having the Prime Minister’s, Victor Ponta, confirmation that the excise on fuel will not be introduced starting January 1, 2014....more »
December 03, 2013 11:19
Romania’s President, Traian Basescu, announced yesterday that he will not approve the International Monetary Fund (IMF) memorandum, as he is against the 7 eurocents increase of the excise duty on fuel the Government undertook to introduce....more »
November 11, 2013 10:21
Romania’s Minister of Foreign Affairs, Titus Corlatean, attends the 11th edition of Asia-Europe Meeting (ASEM), a ministerial reunion that takes place in New Delhi, India, between November 11 – 12, a press release from the ministry informs....more »
October 21, 2013 13:11
The state visit Romania’s Prime Minister Victor Ponta announced he will pay in the United States of America starts today. His visit was initially scheduled for an earlier date, but it was delayed due to the recently-ended budget crisis the U.S. passed through....more »
October 17, 2013 10:16
The same day Romania’s President Traian Basescu signed the decree for the appointment of Andrei Gerea as Minister of Economy, the Liberal took the oath during the investiture ceremony held at Cotroceni Palace....more »
October 15, 2013 14:15
PNL appoints Andrei Gerea to replace Varujan Vosganian as Minister of Economy. Gerea, who is the former leader of Liberal MPs group in the Chamber of Deputies was unanimously voted by the party’s BPN (National Political Bureau) members, according to Crin Antonescu....more »
October 08, 2013 15:15
Romania's Ministry of Economy Varujan Vosganian resigned upon a meeting with Victor Ponta (Romanian Prime Minister), Crin Antonescu (President of Senate), Ilie Sarbu (leader of PSD parliamentary group in Senate) and ministers Ramona Manescu and Daniel Chitoiu....more »
October 02, 2013 17:02
In order to eventually overcome the economic crisis, Romania should work on eliminating part of its vulnerabilities, and reduce the strong relations established with the European market. Because almost 80 per cent of the Romania's economic flows are linked to Europe and unless EU economy follows a growth path, Romania will be affected....more »
October 02, 2013 13:10
USL is at the moment on the edge of its dissolving after a quite long series of conflicts among PNL and PSD members. There is an obvious lack of communication within the Alliance and since each party supports its own ideas and vision, the disputes that seems to be on a daily basis lately became natural....more »
September 30, 2013 15:46
The Executive Board of the International Monetary Fund (IMF) approved a new 2-year Stand-By Arrangement (SBA) with Romania based on the cover letter sent by the Romanian authorities. According to them, the arrangement of approximately EUR2 billion will be treated as precautionary, therefore there's no plan to draw under it, unless there is an extraordinary situation. Romania has also requested a precautionary support from the European Union of EUR2 billion as per an IFM press release....more »
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