One of the two reactors at Romania’s sole nuclear power plant Cernavoda will be shut down Friday, for at most two days, for repairs of an equipment malfunction, people close to the matter told Mediafax. read more...

Romanian Agriculture Minister Valeriu Tabara said Friday that the country's wheat production this year exceeds eight million tons, of which four million tons can be exported. read more...

Democrat liberal Adrian Radulescu has resigned from the position of state secretary with the Ministry of Agriculture after he was elected MP early September. read more...

U.S. Ambassador Mark Gitenstein said Thursday that one of the issues discussed by Romanian President Basescu in the USA was the purchase of F16 fighters, possibly through a regional agreement. read more...

Oil and gas companies had the best return on capital ratio in 2010, but a high performance was also registered in the automotive and exporting industries, says National Bank of Romania (BLNR), according to Mediafax. At the same time, the average state-owned companies’ return on capital was negative. read more...

A Greek default or exit from the eurozone would have “dramatic” consequences for Greece as well as for Europe and the rest of the world, EU Economic Affairs Commissioner Olli Rehn told the European Parliament on Wednesday, meeting in Strasbourg, economictimes.indiatimes.com reports. read more...

Romania’s draft National Anticorruption Strategy for 2011-2014 sets a series of measures aimed to prevent corruption, such as declaring gifts, transparency in decision making, or setting a register noting code of conduct breaches by high officials and public servants. read more...

NATO secretary general Anders Fogh Rasmussen on Wednesday welcomed the signing by Romanian Foreign Minister Teodor Baconschi and U.S. Secretary of State Hillary Clinton of the agreement on the deployment of anti-missile interceptors in Romania. read more...

According to a draft law published on the Senate’s website, the private managers that will be employed by state-owned companies will have monthly incomes equivalent to as much as 45 average gross monthly salaries, ‘Evenimentul Zilei’ informs. read more...

Romanian Foreign Minister Teodor Baconschi and U.S. Secretary of State Hillary Clinton on Tuesday signed the Agreement on the Deployment of the Ballistic Missile Defense System in Romania. read more...

Carmaker Automobile Dacia will move part of its Sandero model production from Mioveni, Romania to the Renault factory in Casablanca, Morocco, in order to expand production of the Duster model, said Jacques Chauvet, Renault manager for the Euromed region and Dacia chairman. read more...

The Romanian Communications Ministry is working on a state aid scheme aimed to support IT&C companies which plan to further develop their business in Romania, Communications Minister Valerian Vreme told Mediafax. read more...

Romanian Regional Development and Tourism Minister Elena Udrea said Tuesday, in a meeting with tour operators, that she wants to privatize the hotels managed by the State Protocol Patrimony Administration (RA-APPS). read more...

Romanian President Traian Basescu left for a working visit to Washington on Tuesday morning. The agenda includes the signing of bilateral accords and the head of state is accompanied by the Chief of the General Staff, the ministers of Defense and Foreign Affairs, by the heads of the intelligence services and by the US Ambassador to Bucharest, according to Romanian news agency Mediafax. read more...

Presidential adviser and former EU commissioner Leonard Orban has the ruling coalition’s approval to be appointed minister for the Coordination of European Fund Absorption, people close to the matter told Mediafax Tuesday. read more...

Romanian President Traian Basescu on Monday signed the decree releasing Peter Eckstein Kovacs from his duties as presidential adviser, the president’s office said in a press release. read more...

Hidroelectrica, Oltchim, SNLO, Electrica Furnizare and Romarm are the first companies under the authority of the Romanian Economy Ministry to have private management, according to an official announcement. read more...

Romania's estimate for economic growth in 2012 might have to be significantly revised downward, to 2.5% from the current 3.5-4%, given the international context and the weaker "traction" of exports, says central bank chief-economist Valentin Lazea. read more...

Romania's new Civil Code, regarding property and non-property relationships between individuals, is to enter force on October 1. 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...