Romania's Government will make a decision regarding the new version of the car pollution tax in the next two weeks, while considering a new idea – to introduce a general pollution tax applicable to all cars, Environment Minister Laszlo Borbely said Tuesday. read more...

Some 44.47% of Romanian high school students passed the 2011 Baccalaureate last week - the lowest graduation rate in the history of the country. According to data provided by education authorities on Sunday, the extremes were reported in the counties of Caras Severin (24.82% graduation rate) and Suceava (65.03% graduation rate, as compared to 87.39% in 2010). read more...

"Piraeus Bank" România will provide market making services for Romanian government bonds, for the first time in Romania, starting with July 1st, 2011, according to Alin Barbu, deputy managing director of the Bucharest Stock Exchange (BVB). read more...

Romanian Prime Minister Emil Boc said U.S. Bechtel and the Transport Ministry must reach an agreement on how much a kilometer of highway will cost, according to government-set costs standards, before works on the Transylvania Highway can continue. read more...

Romanian Prime minister Emil Boc on Saturday said the Government will focus in the upcoming period on implementing a new program to support small and medium-sized businesses. read more...

Romanian and Bulgarian citizens, as well as immigrants from outside the European Union, will be granted work permits in the Netherlands only in “exceptional cases”, according to a new measure adopted by the Dutch Parliament, Novinite.com reported Friday. read more...

Romanian state-run subway company Metrorex on Friday has opened to new stations on mainline 4, namely Jiului and Parc Bazilescu. read more...

It seems that some are sensitive even when talking about history, Romanian President Traian Basescu said on Thursday, commenting the statements made by the Russian Foreign Affairs ministry who criticized the Romanian chief of state for his insolence related to the statements related to the attack of the USSR in 1941. read more...

Romanian President Traian Basescu raised a wave of dissatisfaction in the Russian Foreign Affairs ministry following his statements according to which he would have done like Ion Antonescu back in 1941 and sent Romanian soldiers to cross the Prut river against Russia. read more...

The Government of Romania is expecting an economic growth of 1.5 percent in 2011 and of 3.75 percent in 2012, on solid exports and gradual recovery of domestic demand, according to a letter of intent of the Romanian Government to the International Monetary Fund (IMF). read more...

The government committed to cease any extension of management contracts at state owned companies after January 1, 2012 and the selection will be international, as HotNews.ro exclusively wrote. The intent letter of the government reads that not just CEO positions will be out on the market but also the positions of financial directors. The new managers will have the liberty to operate the modifications they will see fit. read more...

Authorities in Bucharest will demand that European Commission to conduct an updated study on the impact of labour market liberalization over EU member state economies in an attempt to push for a lift of restrictions for Romanian workers, a document of the executive reads quoted by news agency Mediafax. read more...

On June 1st, Heineken Romania and Haber SA Haţeg have concluded a merger project, by which the former will absorb the latter. Haber SA is a company traded on the Rasdaq. The shareholders of the two companies had approved the merger process ever since April, according to an announcement published in the Official Gazette. read more...

Romanian authorities and EC officials agreed on the way to use some EU funds worth 86 million euro for the creation of an internet broadband infrastructure in the so called white areas in Romania, the areas without internet possibilities), Communications minister Valerian Vreme said. read more...

Romania owns a surplus of 300 millions of CO2 certificates that were of great value three years ago when Romania could have easily obtained 3 billion euro if sold then. Meanwhile, they lost their value and the state could only get 1.2 billion euro. However, the government did not manage to sell the certificates as the necessary legislation was adopted last year only. A year after its adoption, the government realized that the legislation needs to be changed. read more...

The Greek Parliament voted on Wednesday the austerity budget for five years, in the context of the violent outbreak on the streets of the capital city, Reuters informs. PM George Papandreou committed before the vote to do anything to avoid a default. Parliamentarians voted with 155 votes for, 138 against and 2 abstains the austerity budget. read more...

Analysts don't think that the National Bank of Romania will change the monetary policy rate, in today's meeting of the Board of Directors. Still, should there be any changes in the monetary policy, this would limit inflationary pressures, considers John Lipsky, the interim director of the IMF. read more...

French Economy minister Christine Lagarde was named director of the IMF, becoming the first woman to occupy the position, AFP reads. The IMF board chose Lagarde as general director and president of the board for a 5 year mandate starting July 5, 2011 a press release of the IMF reads quoted by Reuters. read more...

The advance of the exports and industrial production decreased in the second quarter according to preliminary data which will lead to an economic growth below the level of the first quarter, IMF chief of Romania Jeffrey Franks said in an interview for news agency Mediafax. read more...

Romanian vegetable producers requested compensation worth 1.46 million euro from the European Commission following the losses incurred due to the E.coli cases in several European countries Romanian Agriculture minister Valeriu Tabara declared on Tuesday quoted by news agency Mediafax. read more...