The listing of Fondul Proprietatea (FP) is a huge stake for domestic brokers, as current estimates point to at least doubling transactions on the Bourse once FP shares start trading. read more...

Works for Romania's largest investment project, reactors 3 and 4 of Cernavodă nuclear station put at 4bn euros, are likely to start in 2012, two years later than originally scheduled. read more...

The good news for 2011 is that bankers are in one voice speaking about rising lending after two years when the amount of private sector funding has dropped in real terms, yet the first targeted are exporting companies, those accessing European funds or energy ones. read more...

A third of the mutual funds in business for more than three years brought profit to investors during the 2007-2010 period, with the strongest performance, of 43%, being registered by the ones investing in bonds and banking deposits. The rest of over 20 funds are in the red. read more...

Foreign direct investments in 2009 were around 1.4 billion euros lower than original calculations had shown, down 63% against the previous year, instead of the original 48% decline. read more...

The leading Romanian cities have started to publish their own budget drafts for 2011, which provide either for revenue declines or for anaemic increases against 2010, a year that was not at all good as far as revenues of the local administration are concerned: the revenues of the leading cities fell by an average 10% against 2009, which led to repeated expense adjustments. read more...

Petrom, the biggest company on the Romanian market, last year paid 55 million euros as ruled by the National Fiscal Administration Authority (ANAF) after the tax authority found expenses registered as deductible in the company's books, but which did not qualify as such. read more...

The world's grain giants, such as Alfred Toepfer, Cargill, Glencore and Bunge last year reached 800 million euros in exports from the Romanian market, 30% more than in 2009. read more...

Romania is the 16th largest auto market in the European Union by new car registrations in 2010, whose number dropped three times more abruptly locally than in the EU, according to data released Friday by the European Carmakers Association ACEA. read more...

Romanian military and police retirees Friday filed criminal complaints at the General Prosecution Office against Defense Minister Gabriel Oprea, Interior Minister Traian Igas and Romanian Intelligence Service chief George Maior, whom they accuse of abuse of office and discarding court rulings. read more...

The Romanian leu fell against the euro in mid-trade Friday, on a negative sentiment in the region, and the central bank announced a reference rate of 4.2669 units, 0.25% weaker than 4.2564 units a day before. read more...

Romanian MEP Corneliu Vadim Tudor, who is under criminal investigation for assault and disobeying court orders, appeared Friday before the prosecutors of the Supreme Court, but refused to make any statement, invoking his immunity as member of the European Parliament. read more...

European Commission President Jose Manuel Barosso and Azerbaijan President, Ilham Alizev signed a common declaration regarding Europe’s gas supply. Representatives of Nabucco consortium said the declaration opens the way for the full implementation of the project. read more...

The Chisinau parliament approved on Friday the government and the governing program presented by Vlad Filat. Therefore, the Filat II government received the vote of trust of the parliament. 59 deputies, members of the Alliance for European Integration voted for the government. Communists did not attend the vote, Jurnal.md reads. read more...

France has blocked the adoption of a technical report on Romania's accession to the Schengen Area, asking for more time to examine a report on Romania's implementation of the SIS / SIRENE system's human interface, according to Radio France Internationale. read more...

Romania will pay the International Monetary Fund interest worth SDR266 million (EUR300 million), for the loan installments transferred this year. read more...

Romania's "First Home" program, which offers loan incentives to first-time home owners, will continue in 2011 with a guarantee ceiling of at least EUR200 million, Prime Minister Emil Boc said Friday. read more...