Finance, Banking and Economic News
Checks on the flower transports from the Netherlands stopped in Romanian customs have turned up one or two shipments without plant health passports, which will be destroyed, said Romanian Agriculture Minister Valeriu Tabara on Tuesday, adding that there are also suspicions of tax evasion. read more...
Romanian President Traian Basescu on Tuesday signed the decrees releasing Leonard Orban from the position of presidential adviser and appointing him Minister of European Affairs. read more...
Romania's economic growth forecast, used in drafting the state budget for next year, will be determined by the Government in October, through consultations with the International Monetary Fund, European Commission and World Bank, Prime Minister Emil Boc said Tuesday. read more...
The Ministry of European Affairs will give a boost to EU fund absorption and prevent Romania from losing these funds, therefore the Parliament's vote to create the new ministry is in the country's interest, said Prime Minister Emil Boc. read more...
The Romanian Parliament’s budget and finance committees on Tuesday endorsed Romeo Ionut Comaniciu for the position of president of insurance regulator CSA with 21 to 12 votes and one abstention. read more...
Romanian state-owned energy producer Nuclearelectrica restarted the second reactor at its power plant in Cernavoda which was shut down Friday due to a malfunction in its fuel supply system. read more...
Sulfina Barbu was sworn in Monday before Romanian President Traian Basescu as the new Labor Minister, in the presence of Prime Minister Emil Boc, Lower House Speaker Roberta Anastase and Government officials. read more...
The Romanian Parliament’s committees for administration and European affairs on Monday endorsed Minister for European Affairs nominee Leonard Orban with a majority of votes. read more...
Romanian authorities checked 15 trucks carrying seeds and flowers from the Netherlands in the last four days, seizing 12 transports and returning three to the supplier, fiscal regulator ANAF announced Monday. read more...
The Bucharest Court of Appeals on Monday approved TV owner Dan Diaconescu’s application to set up “People’s Party-Dan Diaconescu” (PP-DD). read more...
Google Romania is a full member of Internet advertising association IAB Romania, as of Monday, according to a press release. read more...
The Romanian National Integrity Agency (ANI) asked general prosecutors to investigate a possible conflict on interest in the case of several lawmakers who hired their first-degree relatives in parliamentary offices, the agency said in a press release Monday. read more...
Romanian President Traian Basescu told private television ProTV he will hold talks with the Government next week regarding the creation of workgroups to focus on the priorities of the Strategic Partnership for the 21st Century between the United States and Romania. read more...
Romania cannot adjust pensions when it has a public pension deficit of EUR3.6 billion, Romanian President Traian Basescu told private television ProTV. read more...
Romanian customs authorities on Saturday are checking all seed and flower transports coming from the Netherlands, following suspicions of contamination with dangerous bacteria. read more...
Romanian democrat liberal Sulfina Barbu, whose appointment as labor minister was endorsed by President Traian Basescu on Friday evening, said one of her priorities is the welfare bill, which must be adopted by the Parliament as soon as possible. read more...
Romanian President Traian Basescu told private television Pro TV he pointed out during his visit to the United States that Romania cannot afford to buy F16 fighters without a long-term financing solution. read more...
The Netherlands decided Friday to block the accession of Romania and Bulgaria to the Schengen Area, which could have begun in a few months, says Radio France Internationale (RFI). read more...
Romanian President Traian Basescu on Friday signed the decrees dismissing Sebastian Lazaroiu from the position of Labor Minister and appointing Sulfina Barbu to replace him. read more...
Romania must resume dam construction and select viable locations included in dam construction plans drawn up before 1989, David Csaba, general manager of the National Water Administration (ANAR), told a news conference Friday. read more...
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