Foreign banks' overall exposure to Romania in late June stood at 81.4bn euros, down almost 1bn euros compared with the end of March, with the steepest declines being reported in the case of Dutch and Greek banks. read more...

Pepe Berciu, a shareholder in BDG Import, one of the biggest importers of alcoholic beverages domestically, says 2010 was very good for the company, and when he draws the line at the end of the year he expects turnover to top the increase reported after the first ten months, of 20%, in RON. read more...

Romar group of clinics, with operations on the private healthcare services market, opened two clinics that operate on the platforms Petromidia (Năvodari) and Vega (Ploieşti), refineries that are part of Rompetrol group. read more...

Romania's biggest iron-and-steel complex ArcelorMittal Galaţi, controlled by billionaire Lakshmi Mittal, will in early January restart the furnace stopped a month ago on the falling orders from Turkey. read more...

The earnings from the sale of TV royalties have allowed several clubs in the First League to avoid bankruptcy this championship season. read more...

"good.bee Tranzacţii Mobile" (ed. note: "Mobile Transactions", a service offered by the Romanian Commercial Bank (BCR) which allows customers to do banking operations using their mobile phone, has doubled its number of users to 29,000, in 2010, and the company expects a similar growth rate next year. read more...

Traian Basescu declared that he had talks with KazMunaiGaz President regarding the state's recovery of the debts of Rompetrol, which KazMunaiGaz tookover recently worth over 500 million euro. read more...

Romanian prosecutors indicted businessman Catalin Chelu on charges of attempted bribery in a case involving former Interior Ministry state secretary Dan Valentin Fatuloiu, the National Anticorruption Department said in a press release Tuesday. read more...

Romanian President Traian Basescu said Tuesday he supports the education bill in the format adopted by the Government, and added he wants the act to be passed by the end of the year. read more...

The total number of Romanian employees has decreased by 645,000 since the beginning of 2009, said the National Statistics Institute (INS). read more...

"The Concert" by Romanian-born French film director and screenwriter Radu Mihaileanu is nominated for Best Foreign Language Film in the 68th edition of the Golden Globe awards, the organizers of the event told a news conference Tuesday. read more...

More than half of the Romanians with incomes of over 500 lei (EUR1=RON4.2892) saved money for unpredictable situations in 2010, and most of them preferred to keep it at home, according to a survey conducted by Daedalus Millward Brown for Raiffeisen Banca pentru Locuinte. read more...

Romanian President Traian Basescu signed into law yesterday a bill exempting people who already have home insurance against natural disasters from getting mandatory insurance, newspaper Ziarul Financiar reported Tuesday. read more...

Romanian President Traian Basescu denounced the legislative initiative to change a word Rroma to gypsy and declared in an interview for the Financial Times that he will not pass the law. read more...

The asking prices for new houses and villas in Romania were down by more than 42% compared to 2008, with the greatest declines registered in Bucharest and Constanta county, according to website imobiliare.ro. read more...

Romania's current account deficit widened 30.3% to EUR4.94 billion in the first ten months, from a gap of EUR3.79 billion a year earlier, largely due to the lower current transfers surplus, central bank data showed Tuesday. read more...

The education law for which the Romanian Government sought a confidence vote in Parliament late October is considered adopted after opposition liberal lawmakers said in plenary they are pulling their signatures from the motion of no-confidence submitted over the bill, Chamber Speaker Roberta Anastase said Tuesday. read more...

Romania needs a precautionary agreement with the IMF and the European Union to protect itself against its own politicians, against populism, which can grow at any moment, said President Traian Basescu in an interview with the Financial Times. read more...

The wife of the Stockholm bomber, Taymour Abdel Wahab, is a Romanian settled at Luton, sify.com informs. Mona Thwany claims that she had no idea about his plans. read more...

Ali Ergun Ergen, CEO of Băneasa Developments, which manages Băneasa retail park in northern Bucharest, says the crisis is a thing of the past for the project he runs, after reporting a 10-15% rise in visitor and sales numbers against last year. read more...