President Traian Basescu declared on Tuesday after a meeting with the Greek President that Greece is the fifth investor in Romania in the banking sector, food sector, telecommunications and others. All the seven banks that operate on the Romanian market have a good behavior and do well and honest, Basescu said. read more...

Professor Daniel Daianu was invited in the last days to be part of the European Foreign Relations Councils, a European think tank that reunites about 140 prominent persons from politics and business. The European organization is the equivalent of the Council for European Relations in New York. read more...

Romanian vegetable producers requested compensation worth 1.46 million euro from the European Commission following the losses incurred due to the E.coli cases in several European countries Romanian Agriculture minister Valeriu Tabara declared on Tuesday quoted by news agency Mediafax. read more...

The advance of the exports and industrial production decreased in the second quarter according to preliminary data which will lead to an economic growth below the level of the first quarter, IMF chief of Romania Jeffrey Franks said in an interview for news agency Mediafax. read more...

French Economy minister Christine Lagarde was named director of the IMF, becoming the first woman to occupy the position, AFP reads. The IMF board chose Lagarde as general director and president of the board for a 5 year mandate starting July 5, 2011 a press release of the IMF reads quoted by Reuters. read more...