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The Romanian Parliament on Wednesday started debates on the no-confidence motion submitted by the opposition over the country’s new Labor Code for which the Government sought lawmakers’ vote on confidence last week. read more...


The Romanian Government on Wednesday decided to grant EUR7 million in annual financial aid to beekeepers to increase the number of bee colonies. read more...


Romania posted the highest inflation in the European Union for the seventh consecutive month in February, while the EU's average rate was stable at 2.8%, statistics office Eurostat said Wednesday. read more...


Romanian unionists are protesting Wednesday in capital Bucharest, near the Parliament Palace, over the new Labor Code for which the Government faces a vote of no-confidence. read more...


Romanian natural gas distributors requested a three-stage increase of gas prices by September, in order to cover their losses, Wednesday said Iulian Iancu, president of the Industry and Services Committee within the Chamber of Deputies. read more...


Romanian railway workers have ended their two-hour warning strike Wednesday at 9 a.m. and trains halted during the protest have resumed their routes. read more...


Romanian railway workers ceased work for two hours Wednesday morning and all trains en route have been stopped in stations or on the way. read more...


Shares across the world fell, the Tokyo Stock Exchange lost 10.6%. The Bank of Japan injected 245 billion dollars into the economy. A new major earthquake hit. Germany closed down 7 reactors. Romania's nuclear strategy is not affected. read more...


A market survey conducted by Gallup in 2010 reveals the huge gap that separates urban and rural areas in Romania: 78% of families that live in the countryside do not have access to the Internet and 47% do not have a fixed line. read more...


The top ten law firms that yesterday sent to ZF copies of their tax returns submitted to the fiscal authorities collected fees with a cumulated value of 86 million euros in 2010, down 5% on the preceding year. read more...




Energy group Enel, which, through the privatisations that it won, became the biggest private distributor of electricity in Romania, says it plans to invest 500 million euros from 2011 through 2015 to install a capacity of 400 MW in wind farms. read more...


Ruxandra Brutaru, general manager of state airline Tarom resigned yesterday from the position she was appointed to in January 2009 by former transportation minister Radu Berceanu. read more...


Bancpost has many clients, also products, but multiple sales have not functioned so far, and relationships with clients are weak. Retail brings the largest part of revenues, but a systemic bank needs to be stronger on the corporate side as well. The area of large corporations is not sufficiently accessed. read more...


Unirea Shopping Center is increasingly looking like a mall as all major fashion names are lining up on the ground floor and radically changing the look of the old universal store. read more...


Romanian chicken producers project rising consumption this year amid dwindling population income and consumers' switching to cheaper products. read more...


European Commissioner for Energy, Gunther Oettinger qualified on Tuesday, the nuclear accident in Japan as an apocalypse, saying that local authorities practically lost control of the situation at the Fukushima plant, AFP informs. read more...


Romanian railway workers will stage a warning strike on March 16, as unionists and railway company representatives failed to find common ground on signing new collective work contracts. read more...


The earthquake in Japan could drive reinsurance costs up for Romanian companies, which in turn may increase their premiums for building insurance by 10-20% on the medium-term. read more...


Romania will register economic growth this year and a “mini-boom” can be expected in the election year 2012, said the Vienna Institute for International Economic Studies (WIIW). read more...


Romanian Agriculture Minister Valeriu Tabara told a news conference Tuesday the country’s land law must be amended to forbid parceling out small farms when selling them. read more...



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