President Traian Basescu will attends, on Thursday and Friday the Sumer European Council meeting. The agenda includes subjects like the economic problematic, immigration, consolidating Schengen and the negotiations of Croatia to join the EU and the evolutions in the South vecinity of the EU. read more...

The European Parliament decided to waive the immunity of the Romanian MEP Adrian Severin, involved in a scandal of money for amendments in the European Parliament. European Parliamentarians voted on Thursday the report of the Judicial Committee of the Parliament that recommends the EP to waive the immunity of Adrian Severin. read more...

The potential withdrawal of Greek banks from Romania would not pose such a big problem for the local banking sector because authorities have the necessary resources to takeover the branches and sell them later to other financial groups and the National Central Bank can face the shocks, a report of the financial institution JPMorgan Chase Bank reads, quoted by news agency Mediafax. read more...