Romania’s Tumultuous Recovery
Industry has demonstrated its capacity to rebound much faster than other economic areas, thanks to external demand, both EU and non-EU. Positive trends in manufacturing pushed exports up 28% year on...
View ArticleRomanian Market Interesting For Some Foreign Insurers
Major insurance companies, including companies from EU states, presented their interest in entering the Romanian market. The chair of the Insurance Supervisory Commission (CSA), Angela Toncescu stated...
View ArticleEU Noble Peace Prize dissapointment
“The European Union’s presidents have received this year’s Nobel Peace Prize on behalf of the 27-member group. However, growing numbers of critics have pointed to the EU’s economic and foreign policy...
View ArticleNabucco project priority and EU enlargement are Bratislava Summit objectives...
Among the objectives that Romanian President Traian Basescu announced he would support at the Bratislava Summit meeting of the Central European leaders are declaring Nabucco gas pipeline project a...
View ArticleRomania-Russia discuss on cooperation in energy field
The governmental newsroom informs that the main topics approached by Romania’s Premier Victor Ponta and Secretary of the Russian Federation’s Security Council Nikolai Patrushev, were the cooperation...
View ArticleEU finance ministers discuss plan on bank bailouts
European Union (EU) finance ministers agreed on an outline plan on how to rescue troubled banks – without leaving taxpayers to face the bill, the BBC reports. The banks’ creditors and shareholders will...
View ArticleMugur Isarescu recommends new precautionary loan for Romania
On Monday, Central bank governor Mugur Isarescu said that the closing of a new precautionary loan agreement with the IMF and EU would ensure access to cheaper financing options on the international...
View ArticleCluj IT Cluster wants to create an Open Data platform
The Cluj IT Cluster announced its intention to create an Open Data platform in Romania. The platform should allow free access to the information posted by governmental agencies and make possible to...
View ArticleGovernment approves draft letters for new agreement with IMF
According to a memorandum approved in the Government meeting on Thursday, the Government will request the European Union (EU) and the International Monetary Fund (IMF) a new precautionary-type...
View ArticleRomania – a supporter of EU enlargement process
State advisor Luminita Odobescu on Wednesday told the conference “The EU Enlargement process”, organized by the Representation of the European Commission in Bucharest that Romania was, is and will stay...
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