Featured News
Five years on, EU membership still raises many expectations
by bianca.cojocaruEditorial»
Opposition on strike, Power adrift, Romania where to?
February 2nd, 2012 at 9:00 PM-
Orange code alert for election yearDespite the extremely low temperatures recorded these days, the political stage is far from being frozen. On the...by victor.lupu on February 1st, 2012 at 9:00 PM
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Time to act after DavosA World Economic Forum takes place in the hibernal landscape of a Swiss resort every year. This forum, now in its...by mihai.hareshan on January 31st, 2012 at 9:00 PM
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Three steps for changePoliticians are all trying to grind their own axes. They want to make the most of people’s protest which, in...by catalin.bogdan on January 30th, 2012 at 9:00 PM
Business»
BNR reduces key interest rate to new all-time low – 5.5 pc
February 2nd, 2012 at 9:00 PM-
PSD leader: Gov’t didn’t discuss with IMF wage hikesPSD President Victor Ponta said yesterday that IMF and EC officials confirmed that the budget deficit will reach...by monica.apostol on February 2nd, 2012 at 9:00 PM
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Bosch to inject EUR 77 M in production unit in ClujGerman auto part manufacturer Bosch will be given on concession a 215,000 m? land area on which it will erect a...by nineoclock on February 2nd, 2012 at 9:00 PM
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Agriculture Minister wants 10 pc VAT on agri-food productsThe minister of Agriculture, Valeriu Tabara supports a 14 percent reduction of VAT for agricultural products. “The...by nineoclock on February 2nd, 2012 at 9:00 PM
Politics»
Independents’ party – made up of experts on state trading
April 8th, 2010 at 9:00 PM-
Five years on, EU membership still raises many expectationsOn the occasion of the five year anniversary since Romania joined the EU, Traian Basescu slammed the political...by bianca.cojocaru on February 2nd, 2012 at 9:00 PM
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Justice report expected to note reform progressPraises for anti-corruption body, wealth watchdog. The interim monitoring report of the European Commission in...by mihai.barbu on February 2nd, 2012 at 9:00 PM
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Leading businesspeople in UNPR leadership, report saysThe ruling coalition’s National Union for Romania Progress (UNPR) leadership includes several businesspeople,...by nineoclock on February 2nd, 2012 at 9:00 PM
Social»
Cold death toll rises to 22, new severe blizzards alert issued
February 2nd, 2012 at 9:00 PM-
First census results: Romania has 19 million peopleRomania has a stable population of a little over 19 million, according to preliminary results of last autumn’s...by nineoclock on February 2nd, 2012 at 9:00 PM
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180 schools closed downWhile classes were suspended in several schools in the country because of the cold and blizzard, other children...by nineoclock on February 2nd, 2012 at 9:00 PM
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Number of flu and virosis cases, on the riseThe Health Ministry yesterday announced that 24 case of influenza were confirmed during the last week of January,...by nineoclock on February 2nd, 2012 at 9:00 PM
World»
Anger flares in Egypt after 79 die in soccer riot
February 2nd, 2012 at 9:00 PM-
Europe freeze: More deaths in Ukraine and PolandKIEV/WARSAW – Another 20 people have died in Ukraine and nine in Poland as temperatures fall below -30C (-22F),...by nineoclock on February 2nd, 2012 at 9:00 PM
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France investigates Concordia wreckFrench prosecutors have launched an investigation into last month’s cruise ship disaster off Italy, in which...by nineoclock on February 2nd, 2012 at 9:00 PM
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Palestinian protesters throw shoes at UN chiefDozens of Palestinian protesters hurled shoes, sticks and stones at the convoy of United Nations Secretary-General...by nineoclock on February 2nd, 2012 at 9:00 PM
Recent Articles
Manchester City buys Pantilimon
Manchester City has decided to buy Politehnica Timisoara’s goalkeeper Costel Pantilimon. According to debanat.ro, Manchester City activated the transfer clause in mid-January and wired EUR 3.5 M to Poli Timisoara’s accounts. This is good news for Poli, a club which faces significant financial problems and is at risk of not receiving a League I license [...]
Ghetea: Banks interested in agriculture, EU – funded projects
The crediting of agriculture and public administration aimed at putting EU-funded projects into practice remains an area of interest to the Romanian banking system in 2012 as well, Radu Gratian Ghetea, president of the Romanian Banks Association (ARB) and president of the CEC Bank, told a conference on Romania’s economic prospects in 2012, according to [...]
Europe freeze: More deaths in Ukraine and Poland
KIEV/WARSAW – Another 20 people have died in Ukraine and nine in Poland as temperatures fall below -30C (-22F), officials say, according to the BBC. Europe’s current cold snap has claimed more than 110 lives so far, including 63 in Ukraine and 29 in Poland. The Serbian authorities say about 11,000 villagers have been cut [...]
Bosch to inject EUR 77 M in production unit in Cluj
German auto part manufacturer Bosch will be given on concession a 215,000 m? land area on which it will erect a production facility in Cluj County, an EUR 77 M investment, according to Bosch presented to PM Emil Boc, according to Mediafax. The German group estimates the investment will provide over 300 new jobs in [...]
Justice report expected to note reform progress
Praises for anti-corruption body, wealth watchdog. The interim monitoring report of the European Commission in what regards Romania’s legal system reform is expected to note that the country has made significant progress since last summer’s report, according to RFI. The document says Romania has made progress in meeting the benchmarks of the Cooperation and Verification [...]
Merkel in China on eurozone talks
Angela Merkel, the German chancellor, has arrived in Beijing for a two-day visit expected to focus on the eurozone crisis, Iran and Syria, the BBC said. Accompanied by a 20 strong trade delegation, she was scheduled to meet President Hu Jintao and Premier Wen Jiabao in the capital. On Friday, she will visit Guangdong province [...]
BNR reduces key interest rate to new all-time low – 5.5 pc
At the same time, the interest rate on the deposit facility was reduced to 1.5 pc, while the interest rate on the credit facility will be set at 9.5 pc a year. The National Bank of Romania (BNR)’s Board of Administration (BA) decided yesterday to reduce the key interest rate by 0.25 pc, from 5.75 [...]
Operational leasing market might grow by 15-20 pc in 2012
The operational leasing market advanced by 17 pc in 2011 against the previous year, to 37,397 units, compared to 31,923 units at the end of 2010, according to a press release issued by the Association of Operational Leasing Companies (ASLO). According to data centralised by the Association, the top 5 member companies, based on the [...]
Friendly: Concordia 3 – CSKA Sofia 1
In a friendly game played in Antalya, Concordia Chiajna, the League I’s last but one team (17th place), defeated Bulgaria’s CSKA Sofia, score 3-1 (1-1). The team coached by Laurentiu Reghecampf unexpectedly won thanks to the goals scored by Vlad Munteanu (16th minute), Rocha (55th minute) and Marian Chitu (75th minute). Vladimir Ivanov scored for [...]
First census results: Romania has 19 million people
Romania has a stable population of a little over 19 million, according to preliminary results of last autumn’s census, released by the National Statistics Institute (INS). According to the data, there are a total of 19,042,936 people who make up the country’s stable population. Almost a million people were declared absent for the country for [...]


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