Local
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 »
September 23, 2013 21:41
Victor Ponta paid an official visit in Ankara yesterday in order to ensure a sustained high-level bilateral dialogue as per the Strategic Partnership Romania and Turkey signed in December  2011.The Romanian Prime Minister was received by his Turkish Counterpart, Recep Tayyip Erdogan whom he assured of Romania's absolute support in the EU integration process....more »
September 23, 2013 21:37
Romanian Prime Minister, Victor Ponta, met several Turkish investors, representatives of companies already operating in the Romanian market, during an official visit in Ankara. Ponta has been asked to support them in receiving state aid under EU regulations that would be helpful in expanding their businesses here in Romania....more »
September 20, 2013 09:58
Romania maintains its position towards the issue, considering prudence to be the best approach since there are many Romanian citizens living in Syria. Although there have been registered several consular requests for repatriation, most of Romanians in Syria refuse to leave the country despite the warnings the Ministry of Foreign Affairs has sent. 'Why prudence? Because there have been about 20 consular operations requests today (September 2nd) at our Embassy in Damascus. There were 18 consular assistance requests on Sunday. Right now a repatriation for 19 Romanian citizens is being prepared. We have a problem related to the Romanian citizens' presence there in Syria.' explains President Traian Basescu....more »
September 18, 2013 17:14
Romanian Prime Minister, Victor Ponta asked for the Parliament's agreement in order for the Government to conclude another arrangement with IMF (International Monetary Fund) and European Commission for EUR4 billion. Ponta expects this arrangement to be the last one: 'I wish that this arrangement would be the last one to be concluded by Romania. I believe that after the 2009 crisis, Romania is in a fiscal recovery period and I wish that in about 2 years we can really say that Romania has no need of any arrangement with international financial institutions.'...more »
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