Arhiva

Romanias Government decided to convert into shares the EUR134 million debt of state‑owned chemical plant Oltchim (OLT.RO) to the countrys privatization authority AVAS and to start the procedures to guarantee 80% of a EUR300 million loan take ...

The government has decided the postponement of the holiday bonuses until the end of the year, PM Emil Boc announced at Victoria governmental Palace. 'In a period of crisis, it is normal to look more carefully to the way in which public money ...

Romanian Gendarmerie's Vlad Tepes Special Intervention Brigade on Thursday has executed the sweepest crime bust operation carried out so far on Romania's soil, with the goal of dismantling an important organized crime network, reads a rele ...

The budget deficit to the Pensions Fund stands at 1.5 billion lei (over 350 million euros), but this does not mean that pensions or other social rights are not paid, said for Agerpres, Minister of Family and Social Security Marian Sarbu. Accordin ...

Romania's national dailies of Thursday give main coverage to the chances of President Traian Basescu winning re‑election in this autumn's presidential election; Prime Minister Boc cutting the number of government agencies; Dacia sale ...

The president of the Romanian Magistrates Association (AMR), Mona Pivniceru, said she will file a complaint against justice minister Catalin Predoiu at the Prosecution Office within the High Court of Justice, claiming the minister issued a memo th ...

Romanian social democrats want homeowners associations to no longer pay 20% of apartment thermal refurbishment costs, Adrian Nastase, head of the National Council of the Social Democratic Party (PSD), said Tuesday in a press conference. The socia ...

Romanian Youth and Sports Minister, Monica Iacob Ridzi announced Tuesday she will step down to avoid damaging the governments image. Ridzi, who is accused of alleged misappropriation of state funds, also said her family cannot take the pressure a ...

Romanian President Traian Basescu on Tuesday signed the decree appointing democrat liberal Luminita Sorina Placinta minister of Youth and Sports. Placinta replaces Monica Iacob Ridzi, who resigned amid a fraud scandal in connection with state fun ...

France's Renault will resume in a few days the construction works at its Renault Technologie Roumanie (RTR) unit in the southern Romanian town of Titu, as the financing contracts are seen inked by September, RTR manager Philippe Prevel told on ...

Romanian steel pipe producer TMK‑Artrom Slatina (ART.RO) will receive gas from the domestic production, which is cheaper than imported gas, while the companys slag resources will be used in infrastructure works such as asphalt preparation, P ...

Romania will benefit each year from 2.58 billion of cubic meters of the total quantity of natural gas transported through the Nabucco pipeline, accounting for 15% of the current national gas consumption, state‑owned gas pipeline operator Tra ...

Romanian President Traian Basescu on Tuesday told the ministers attending the investiture ceremony of the new Youth and Sports minister that he stands united with the government, not because he likes them but because the economic crisis. Basescu ...

As many as 5.097 million tonnes of goods were carried in the Romanian Danube sector in Q1, 2009, according to the Ministry of Transport. About 2.026 million tonnes of freight were carried at national level and 1,641 million tonnes internationally ...

President Traian Basescu on Tuesday, on the National Day of France, conveyed a message to the French people, saying that this country was not a mere partner of Romania's, 'it is a country that gave the world cultural values, gave the world ...

Minister of Youth and Sport Monica Iacob‑Ridzi on Tuesday told a news conference of her resignation from the position she had been holding. Last week the parliamentary commission of inquiry into the Ridzi case drew up a report suggesting th ...

Romanias consul to Chisinau, Ion Nuica, resigned Monday after Curentul daily posted on its website several photos and footage showing Nuica having intercourse with a woman who seems to be an employee with the Romanian consulate in Chisinau. " ...

The Bucharest Stock Exchange, or BVB, cannot survive in its current organization and its only solution to grow is to become a regional bourse, Romanian businessman Dinu Patriciu said Monday. "I believe in BVBs future, if it's smart enoug ...

The prime ministers of Romania, Austria, Hungary, Bulgaria and Turkey signed Monday in Ankara the intergovernmental accord for the Nabucco project, the gas pipeline aiming to reduce European Union dependence on Russian gas. The document was also ...

Nabucco pipeline project is aimed at ensuring energy safety in the region and in the European Union, at market conditions and without political pressures, Romanian Prime Minister Emil Boc said Monday in Ankara, Turkey. Before signing Nabucco inte ...