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The International Monetary Fund estimates a global economy growth of 3.1 for the next period, IMF Managing Director Christine Lagarde on Tuesday told the conference “Eastern Europe and Romania: The Road Ahead,” hosted by the National Bank. read more...


President Traian Basescu said, on Tuesday, at the start of the meeting with the Director General of the International Monetary Fund, Christine Lagarde, that, although there were a few problems, the IMF agreement was finalized. read more...


Premier Victor Ponta on Monday, at the Victoria Palace, met Managing Director of the International Monetary Fund (IMF) Christine Lagarde. The two officials agreed on continuing the structural reforms and the increase in the absorption of European funds, informs a release the Government. read more...


The receivers of Oltchim, which has been declared insolvent on January 30th, have succeeded in securing the much sought after financing, intended to set the foundation for increasing output to a profitable level. read more...


The audit body of Minister Fenechiu was sent in to find out who is right in the conflict between the management and the Board Of Directors read more...


More than 22 people, doctors and nurses, on Tuesday morning got aboard two airplanes that left for Podgorica to take over some of the injured in the road accident of Sunday in Montenegro. read more...


Prime Minister Victor Ponta made on Monday an appeal to solidarity and to unity, after the road accident in Montenegro in which 18 Romanians were killed. read more...


Romania’s Prime Minister Victor Ponta will be on an official visit to Germany, today and tomorrow, at the invitation of Germany’s Chancellor Angela Merkel, to discuss bilateral relations, European and regional themes as well as Romania’s domestic policy. read more...


Minister of Regional Development and Public Administration Liviu Dragnea says Romania will be divided into eight or nine development regions by the end of the year which leadership could be elected in indirect elections. read more...


Romania has a strong position inside NATO and the fact that Romania’s ambassador to NATO Sorin Ducaru on Wednesday was appointed assistant to the NATO secretary general for emerging security threats is an expression of this fact, NATO Secretary General Anders Fogh Rasmussen told in an interview. read more...




The feasibility study for the thermoelectric plant which is scheduled to be built by China Huadian Engineering at Rovinari will be ready in September, said Laurenţiu Ciurel, the general manager of the Oltenia Energy Complex. The coal group with an installed power of 600 MW represents an estimated investment of 1 billion Euros. read more...


Romania’s Gross Domestic Product (GDP) increased by 0.5 percentage points in real terms in Q 1, 2013 from Q 4, 2012, according to the first seasonally adjusted estimates of the National Statistics Institute ()INS) released on Wednesday. read more...


The National State Assets Management Authority (AAAS) plans to put up for sale this year minority stakes in 81 companies and counts on revenues worth RON 240-250 million, given that the first four companies that were successfully sold funneled approximately RON 400,000 to the budget. (1 euro trades for RON 4.33) read more...


The volume of construction work increased as a gross series by 28.8 percent in March 2013 from February and as an adjusted series, depending on the number of working days and seasonality, it grew by 2.7 percent, informed the National Institute of Statistics (INS) in a release it senton Monday. read more...


Romania needs to continue to have flexible labor markets, that will facilitate the transition from jobs with low productivity to some with high productivity and that will lead to increase labor force qualification, said President of the Bank World Jim Yong Kim, at the end of the meeting with Prime Minister Victor Ponta, at the Victoria Palace. read more...


Standard & Poor’s Ratings Services on Thursday reported having affirmed its ‘BB+/B’ long- and short-term foreign and local currency sovereign credit ratings on Romania. The outlook is stable. read more...


We will study more closer the activity of companies that will get through the pre-qualification stage of the CFR Marfa (Freight) privatisation process, Minister of Transport, Relu Fenechiu, said after the opening of envelopes containing the tendering documents for the pre-qualification of potential investors. read more...


Romanians are optimistic about the future of the European Union as well as about their country’s Schengen Area entry bid, reveals a poll conducted by IRES pollsters. read more...


On the last monetary policy meeting, the NBR came up with a surprise by which it wants to convince us that it still holds a relevant position in the mechanism of an economy which is incapable of overcoming the recession. read more...


Romania will attain energy independence in the next 5 to 10 years, Prime Minister Victor Ponta declared in the Black Sea port of Constanta (221 km south-east of Bucharest). read more...



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