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Romania, Latvia and Lithuania are the three obvious candidates for exiting the excessive deficit procedure, European Commissioner for Economic and Monetary Affairs Olli Rehn declared in Brussels on the occasion of the presentation of the EC spring economic forecasts for 2013 – 2014. read more...


More than 1.35 million tourists were recorded in accommodation units in Romania in the first quarter of this year, up by 8.2 percent compared with the same period last year, show provisional data recently made public by the National Institute of Statistics (INS). read more...


Romanian President Traian Basescu on Tuesday sent a message to King Willem-Alexander of the Netherlands congratulating him on the investiture, the President’s Office announced. read more...


The gas pipeline linking the southern Romanian Danube River port of Giurgiu to Bulgarian Ruse will become operational in this July, with deadline being June 30, but the project will be delayed for a week or two, the Gas Dispatcher’s Office head with gas distributor Transgaz told a conference staged by the National Romanian Committee of the World Energy Council on Thursday. read more...


Romania has become, as of Thursday, the 54th country to have the famous YouTube video platform available in Romanian language, occasion for the local advertising companies and agencies to be able to address the target audience through some innovative models of video commercials. read more...


The European Council President Herman Van Rompuy will pay a visit to Bucharest on Thursday, on which occasion he will meet both President Traian Basescu and Prime Minister Victor Ponta. read more...


After about three months at the helm of CFR SA, Dimitris Sophocleous has resigned from the position of private manager of the company, due to the fact that the Minister of Transports has rejected the administration proposed by the Board of Directors (CA). read more...


All people who are guilty of corruption deeds, no matter what party they are members of, must be sent to prison, Premier Victor Ponta told the Antena 3 TV station. read more...


The Academy of Economic Studies (ASE) in Bucharest this week marks a century of existence. read more...


Romania’s economy in 2012 grew 0.7 percent in real terms from 2011 and the Gross Domestic Product (GDP) was estimated at 587.499 billion lei current prices, according to the provisional data released by the National Institute of Statistics (INS) on Wednesday. read more...




The Mayor of Rotterdam, Ahmed Aboutaleb, argues that Constanta Port is of real interest for the Dutch partners and he wants Rotterdam to have cooperation relations with the largest Romanian port on the Black Sea. read more...


Regulated prices for natural gas supply will be increased from April 1, 2013, following to grow by approx. 5 percent for non-household consumers, up to 55.3 lei / MWh. read more...


Deputy Prime Minister Liviu Dragnea, Minister of Public Administration said that the serious restructuring process started in the central administration might bring about some staff cuts in the ministries, as well. read more...


Romania, on Sunday, March 31, switches to the official daylight saving time (DST), Eastern European Time, so 3,00 hours am becomes 4,00 hours am. read more...


Romania in 2012 ranked top in the European Union by the maize-grown area, but it trailed third by the maize production, after France and Italy, because of the lower yield, shows the statistic research on the Agricultural Production in Main Crops in 2012 made by the National Institute for Statistics. read more...


The administration council of the Bucharest Stock Exchange (BVB) decided to dismiss BVB general manager Victor Cionga from office, with his mandate expiring in two months, according to a release published on the BVB website. read more...


Rating agency Japan Credit Rating reconfirmed Romania’s BBB- rating with a stable outlook, for long-term liabilities issued in foreign currency, and also the BBB rating with a stable outlook for long-term liabilities issued in local currency, according to the website of the Ministry of Public Finance (MFP). read more...


"Arădeanca" Arad, the biggest doll maker in Romania, which had a 60% market share, entered bankruptcy after the reorganization plan was rejected by the creditors. According to Ioan Biriş, the representative of Activ Grup IPURL, which was appointed as a temporary liquidator, the creditors are not required to justify their vote against the reorganization plan. read more...


Romania must do its best to ensure its economic growth and macroeconomic consolidation and the most important source it has at hand is the European money, said President Traian Basescu at the end of the spring European Council on Friday. read more...


Romania is and will be extremely committed to the process of European integration, Secretary of State in the Ministry of Foreign Affairs (MAE) Radu Podgorean told the Eurosfat meeting at the Parliament Palace. read more...



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