Romania’s deputy Prime Minister and Democratic Union of Hungarians in Romania (URMR) leader Marko Bela said Thursday on RFI Romania that, if new austerity measures are required in 2011, it means all efforts made in 2010 “came to nothing”. read more...

Romania's Government has postponed hiking the taxes on industrial property, charged to natural and legal persons, until 2012, considering that such an increase could reduce the number of requests for protection and affect innovation. read more...

The listing of investment fund Fondul Proprietatea will not be enough to restore the Bucharest stock market to levels seen in the summer of 2007, without other initial public offers of large companies that would attract foreign interest, and a return to growth of the Romanian economy. read more...

Romanian TV star, Serban Huidu was hurt on an Austrian ski slope on Wednesday afternoon and was induced in a coma by doctors at Innsbruck University Hospital for further investigations. Austrian doctors declared they are optimistic, that his situation is stable and that he needs to be monitored. read more...