Romania's Government has agreed with the IMF and EC to freeze public sector salaries and pensions, but to increase them slightly halfway through next year, if budget revenue allows, said IMF mission chief Jeffrey Franks. read more...

The government needs to hurry privatizations and the appointment of private management at state-owned companies, to decisively change the system where a privileged few enjoy undeserved profit, says Jeffrey Franks, head of the International Monetary Fund’s delegation to Romania. read more...

Romania's Social Democratic Party (PSD, in opposition) on Monday requested that Senate President Mircea Geoana be replaced with Titus Corlatean. read more...