Romanian MEP Adrian Severin was booed on Wednesday, at the first session of the European Parliament since the bribe for MEPs scandal revealed by the British daily The Sunday Times last week. read more...

Marius Petcu, CNSRL Fratia union leader was caught taking 40,000 euro bribe, Romanian public television TVR reports in a news on the institution’s website. According to the quoted source, the 40,000 euro is a first installment of a total sum higher than 200,000 euro. Petcu is currently being heard by anti graft prosecutors. read more...

The European Anti-Fraud Office launched an investigation in the case involving the three MEPs accused of bribe taking including Romanian MEP Adrian Severin. The offices of the tree MEPs involved in the scandal were sealed to protect evidence, according to Romanian daily Evenimentul Zilei. read more...

Romania received on Thursday the fourth installment worth 1.2 billion euro of the EC loan, Romanian news agency Mediafax reads. read more...

Beer consumption, which last year reached 78 litres per capita, is in line with the European average, with beer as one of the few beverages with which Romanians can keep up with Europeans. read more...

BCR last year persuaded large companies of almost all industries to start working with the largest bank on the market with one or more products and services, and the success rests with the new team that has been forged in recent years in the corporate banking unit, states Wolfgang Schoiswohl, executive vice-president with BCR, in charge of large companies and SMEs. read more...

A 4-lei euro, a level that seemed unimaginable as early as at the beginning of this year, when one euro was still close to the 4.3-lei mark, is already considered by all analysts after the euro depreciation against the leu sped up this week. read more...

The salaries of employees in IT companies in western Romania will go up by an average 10% this year after last year specialists in the field saw their wages up by more than inflation (10.10%), shows the latest salary survey conducted by human resources group AIMS Human Capital. read more...

The political crisis in Libya, which prompted Austrian group OMV, Petrom's owner, to suspend hydrocarbon exploration and production operations in the region affected by the conflict, could have a positive effect on the Romanian market. read more...

OMV Petrom (SNP), the biggest company in Romania, could disburse dividends of around 1 billion lei (245 million euros, at the exchange rate of 4.1 lei/euro) from last year's profit, according to a proposal of the company management set to be discussed in the general shareholders meeting (GM) on April 26. read more...