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• S&P Affirms Romania Ratings At 'BB+'; Outlook Stable
  
  ieri, 19:54

  Standard & Poor's Ratings Services Friday affirmed its 'BB+/B' long- and short-term foreign and local currency sovereign credit ratings on Romania, with stable outlook, citing the country’s improved fundamentals. read more

• U.S. Department Of State: Romania Has Problems With Corruption, Biased Judiciary
  
  ieri, 18:17

  The U.S. Department of State says, in its 2011 report on human rights practices, that Romania continues to have problems with corrupt public officials, a sometimes partial judicial system, abuse from police and gendarmes, and human trafficking. read more

• Romania January-April Budget Gap Widens To RON5B
  
  ieri, 17:56

  Romania’s consolidated budget posted a deficit of 5 billion lei (EUR1.1 billion) in the first quarter, equal to 0.83% of the gross domestic product, Finance Ministry data showed Friday. read more

• Expo Center Romexpo Appeals Court Decision Upholding Insolvency Claim
  
  ieri, 16:34

  Romanian expo center Romexpo said Friday it has appealed the decision of the Bucharest Court which upheld an insolvency claim filed against it by firm Arsenoaiei & Matasel Consulting, arguing that it paid off its 180,000 lei (EUR40,300) debt in May. read more

• Romanians Pay Twice As Much For Electricity As Finns, French
  
  ieri, 15:42

  Romanians pay almost twice as much for electricity when adjusted for purchasing power as the Finns or the French, official data showed Friday. read more

• Romanian PM Appoints New Health Insurance House Head
  
  ieri, 15:40

  Romanian Prime Minister Victor Ponta appointed Doru Badescu, general manager of Bucharest Emergency Hospital “Dimitrie Gerota”, to the position of president of the National Health Insurance House (CNAS). read more

• Romania’s Antitrust Body To Unveil Preliminary Report On Energy Market Probe In June
  
  ieri, 15:38

  Romania’s Competition Council plans to make public in June a preliminary report on its inquiry into the local electricity market launched two years ago, antitrust watchdog president Bogdan Chiritoiu told a press conference Friday. read more

• Romanian Finance Ministry Considers Yearly Tax On Profit For Market Transactions
  
  joi, 20:22

  Romania's Finance Ministry is considering introducing a yearly tax on profitable capital market transactions, dropping the previous plan to tax each profitable transaction in turn, criticized by the market players. read more

• Romanian Banks Accessed EIB Financing Worth EUR822M Since 1990
  
  joi, 18:53

  Romanian lenders have accessed financing worth EUR822 million from the European Investment Bank from 1990 until now, equal to 4.7% of the EIB funds made available in Central and Eastern Europe in the past three years alone. read more

• Romanian President Passes Law Enforcing New Civil Procedure Code
  
  joi, 18:15

  Romania’s President Traian Basescu on Thursday passed the law enforcing the country’s new Civil Procedure Code, said the Presidential Administration. read more

• Romanian Prosecutors Start Criminal Investigations Against Ovidiu Vintu In Old Fraud Case
  
  joi, 15:34

  Romanian prosecutors have started criminal investigations against businessman Sorin Ovidiu Vintu in a case regarding the collapse of the National Investment Fund (FNI). read more

• Romanian Economy Ministry Signs Two EU-Funded Contracts For RON100M
  
  joi, 15:31

  Romania’s Economy Minister Daniel Chitoiu on Tuesday signed two contracts to upgrade the gas distribution network in Cluj-Napoca and build a cogeneration unit, the Economy Ministry said Thursday. read more

• Only 10% Of Romanian Roma Worked Constantly In Last Two Years, Over 50% Did Not Work
  
  joi, 15:14

  Only 10% of the Roma in Romania have had a constant job in the last two years and, although 50% say they are self-employed, in fact 90% of them work illegally, says a study published Thursday by the Soros Foundation. read more

• Businesspeople See Romanian Economy Deteriorate In Next Months - Survey
  
  miercuri, 15:50

  Businesspeople expect Romania’s economy will deteriorate in the next twelve months, impacted mainly by the lack of financing sources and investments, by corruption and delays in carrying out EU-fund projects, according to a survey presented Wednesday. read more

• Some 3.5 Million Romanians Migrated Over Past 40 Years, Romania Lost EUR40-50B
  
  miercuri, 15:48

  Over 3.5 million Romanians left their country over the past 40 years, which caused Romania to lose EUR40-50 billion, which is the money spent on their education and social services, Dragos Rosca, head of investment fund Gemisa, said Wednesday. read more

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