Romanian Labor Minister Ioan Botis said Wednesday after a meeting with International Monetary Fund officials he is confident the IMF and International Labor Organization will accept the ministry’s propositions for the country’s new labor code. read more...

The listing of Fondul Proprietatea (Property Fund) injected adrenaline into the weak heart of the Bucharest Stock Exchange, encouraging investors to daydream. Yet former owners have to wait before they can see their dreams come true. read more...

Agriculture Minister Valeriu Tabără said yesterday that as long as he was in office, foreigners would not be allowed to buy farming land in Romania without restrictions. read more...

A society which, during 40 years of communism, learnt to expect handouts from the state, is difficult to reform. read more...

Bankers have lowered loan application processing fees for individual customers to less than 400 euros as part of the new stipulations, which require them to levy a fixed fee, instead of the one calculated as a percentage of the lent amount, as was the case in the past. read more...

Enel (Italy) and Arcelor Mittal Romania are the only remaining foreign partners of the Romanian state in the 4 billion-euro project of reactors 3 and 4 in Cernavodă, after in less than a year's time, CEZ (the Czech Republic), RWE (Germany), GDF SUEZ (French-Belgian group) and Iberdrola (Spain) left the project. read more...

Mihuţ Crăciun, the new head of Kandia chocolate producer, one of the best-known domestic brands, has two clear objectives at the start of his term: expanding the market share from the current 20% level and boosting turnover. read more...

Stock repurchase and persuading the Romanian state to privatise energy companies make the "ace" up the sleeve of Franklin Templeton manager to boost the price of FP shares on the Bourse, so that it should be as close as possible or even equal that of the Fund value of 1.11 RON/share. read more...

The biggest players on the Romanian oil market, Petrom and Rompetrol, announced the first price cuts this year, of around 4 bani (1 RON - 100 bani) per litre. The move did not come amid protests in filling stations or as a result of politicians' tough statements, but as a result of the elimination of a tax, namely the 'cent per litre'. read more...

A surprising communiqué of the CNVM yesterday requested that brokers and investors abide the law, when trading the shares of the 'Proprietatea' Fund, which is scheduled to begin today. read more...

Enterprise Investors (EI), one of the largest companies of private equity in Central and Eastern Europe, intends to launch a new investment fund this year, its eighth, which is targeted at several countries in the region, including Romania. read more...

Some of the shareholders of the Proprietatea Fund, interested in selling their shares on the stock exchange, have found that some of the major brokerage firms won't even bother to open an account for them, unless they hold a few thousand shares or tens of thousands of Euros. read more...

Romanian state-owned airline Tarom wants to break even in 2011, after its 2010 budget provided for a 19.8 million lei (EUR1=RON4.2621) profit, according to a draft government decision by the Ministry of Transport. read more...

Romania’s planned follow-up agreement with the International Monetary Fund represents a keystone for the country’s structural reforms and its main objective will be ensuring the continuity of the process, central bank governor Mugur Isarescu said Monday. read more...

Romania will increase its participation to foreign military operations by 183 troops in 2011, bringing its maximum foreign force to 3,427 troops, as per a Tuesday decision of the Supreme Defense Council. read more...

A teenager in Calarasi, southern Romania, and a four-year-old child in the southeastern city of Galati have been diagnosed with AH1N1 flu and are isolated at home and receiving treatment, local public health department representatives said Tuesday. read more...

Romania might be ready, technically to join Schengen while Bulgaria is still working to have all technical requirements up and working, Hungarian Interior minister Sandor Pinter said, quoted by Novinite.com. However, the Budapest official expressed hope that Bulgaria will be ready to join Schengen by June, until Hungary has the EU reigns. read more...

The 2011 budgets of Romanian state-owned railway companies CFR Marfa, CFR Calatori and CFR SA say 5,588 employees will be sacked and staff expenses will be cut by 21.8%, 6.5% and 11.6% respectively, according to three draft Government decisions drawn up by the Transport Ministry. read more...

Agriculture Minister Valeriu Tabara said Tuesday that Romania may not stop importing pork from Germany, which Romanian producers suspect may be exporting meat contaminated with dioxin, a carcinogen. read more...

Over 7,000 Romanians protest Tuesday in Mioveni, southern Romania, over changes to the country’s labor code and collective work contracts, as well as over high fuel prices. read more...