Finance, Banking and Economic News - 8 September 2011 -
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Finance, Banking and Economic News
8 September 2011

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Corina Martin, head of the Romanian Tourism Agency Association and of the "Litoral-Delta Dunarii" Association, said Thursday that hotel revenues were 10% lower this summer compared to last year, despite a slight increase in the number of tourists. read more...

With two weeks to go until the European Union’s Justice and Home Affairs Council convenes to make a decision on Schengen enlargement, Romanian officials stepped up their lobbying efforts in order to have the country accepted into the border-free zone. After FM Teodor Baconschi earlier this week asked for support in the process from EU member states’ diplomats, Interior Minister Traian Igas presented the country’s preparations for joining Schengen in Brussels, while Justice Minister Catalin Predoiu went on a visit to the Netherlands, one of the states that blocked Romania’s accession earlier this year. read more...

Belgium’s Electrawinds wants to complete by the end of next year a solar energy park worth approximately EUR 30 M and to hike its wind farm capacity to 25 MW, Christophe Bols, the company’s general manager for Romania, stated, being quoted by Mediafax. read more...

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