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Prime Minister Victor Ponta asserted that the VAT cut (from 24 percent to 9 percent) for bread was a successful initiative, and it would be continued. read more...


Social Democrat Party (PSD) chairman, Prime Minister Victor Ponta, has stated, on Tuesday, at the PSD National Council in Craiova, that PSD will win the presidential elections in November 2014. read more...


Romania’s candidate for a European commissioner position, incumbent Commissioner for Agriculture Dacian Ciolos is welcome in the next European Commission, President Traian Basescu declared after the summit of the heads of state and government of the 28 EU states in Brussels on Wednesday night. read more...


Prime Minister Victor Ponta on Wednesday called on privately owned companies in Romania to enter partnerships with the Romanian educational system, underscoring that Romania’s vocational training has been restarted by modifying the relevant legislation. read more...


PSD-UNPR-PC (the Social Democratic Party, the National Union for Romania’s Progress, the Conservative Party) electoral alliance in the elections to the European Parliament carried out on Sunday obtained 37.25% of the electors’ options, the National Liberal Party (PNL), 14.86%, and the Liberal Democratic Party (PDL), 12.36%, according to the partial results the Central Electoral Bureau (BEC) supplied on Monday morning. read more...


Yesterday, the prosecutors searched 49 "Omniasig" branches, on suspicions that the CEO and over other 40 executives forged over 1 million insurance policies, just one day after Peter Hagen, the head of Vienna Insurance Group (VIG), which the insurer belongs to, said that he was not worried by the state of the Romanian insurance market, which has been shaken lately by resounding scandals, such as Astra or Carpatica Asig. read more...


The 12 F16 Block 15 aircraft recently acquired by the Romanian Air Forces, will be used for the air police, as well as for fighting enemy actions, according to sources in the Romanian army. read more...


The National Salt Company - Salrom SA last year achieved a profit of 38.7 million lei, up 86% over 2012, said Alina Floroian, marketing economist with the company. The turnover of Salrom reached 308.3 million lei, up 13% over 2012, she said. read more...


Anca Vlad, the CEO of Catena Grup, is an ardent supporter of entrepreneurial spirit and thinks that you can't have a successful business without taking risks. read more...


Ministry of Public Finances, Ioana Petrescu, on Saturday stated that she didn’t intend to introduce fiscal amnesty, since the collection will only record a temporary growth that way, on a short term, but what she wanted was to eliminate tax evasion in a sustainable way, primarily through voluntary compliance. read more...




Romania’s Foreign Affairs Minister Titus Corlatean is participating today in an extraordinary meeting in Brussels of the Foreign Affairs Council of the European Union concerning the situation in Ukraine. read more...


Romanian Senate Chairman Crin Antonescu has urged Ukrainian President Yanukovych to ‘immediately cease the bloody repression of protesters.’ read more...


Romania expects a favourable decision for its integration into the Schengen Area before the end of this year, Romanian Foreign Affairs Minister Titus Corlatean said on Monday. read more...


Businessman George Copos describes the "bail-in" mechanism (to save banks using the depositors' money) as an experiment that the European Union is conducting on small patients, whose potential (economic) death would not seriously affect the rest of the Union. read more...


Economist Cristian Socol, adviser to Prime Minister Victor Ponta, believes that Romania recorded some important economic achievements in the past year, signals from the real economy of the country being positive, which proves that the mixture of fiscal, budgetary and monetary policies will do good in the future for the country. read more...


If the current green certificates scheme is maintained, the Romanians will pointlessly shell out 13 billion euros to renewable energy producers in the next 15 years, given that Romania has already attained the green energy production targets undertaken for 2020, said Marian Nastase, chairman of the Alro Slatina Board of Directors in an interview. read more...


The EUR/RON exchange rate seems to have been used again as a political weapon in a confrontation between president Traian Băsescu and the government led by Victor Ponta, according to some opinions expressed under the protection of anonymousness and reported in the media. This time, the leu (Romanian for lion) seems to have switched sides to the Govenrment, after it seemed to be siding with the president in the summer of 2012. read more...


The solution concerning the fiscal measures reached is a balanced one from the dosage point of view, National Bank of Romania (BNR) Governor Mugur Isarescu said on Thursday. read more...


The Bucharest Underground fares could go up between 25 percent and 33 percent, according to a draft order published by the Transport Ministry. read more...


Retail investors submitted orders in value of 4.152 billion lei ( over 937 million euros) following Romgaz public offer, on this side the offer being oversubscribed by nearly 15 times over, representatives of some brokerage houses told. read more...



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