Editorial»

A pawn is down

February 7th, 2012 at 9:00 PM
As Monday newspapers were anticipating also using sources from within the Democrat-Liberal Party, PM Emil Boc announced his resignation the first thing in the morning. Surprisingly...

Business»

BNR hikes inflation estimate for 2012 from 3 to 3.2 pc

BNR hikes inflation estimate for 2012 from 3 to 3.2 pc

February 7th, 2012 at 9:00 PM
Drop in FDI led to recession, Central Bank cannot support the GDP on its own, tap into EU funds, Governor Mugur Isarescu stated. The National Bank of Romania (BNR) has hiked...

Politics»

Mihai Razvan Ungureanu – premier designate, set to present new cabinet

Mihai Razvan Ungureanu – premier designate, set to present new cabinet

February 7th, 2012 at 9:00 PM
All existing PDL ministers have been replaced, while UDMR and UNPR preferred to keep their old ones. Designated by President Traian Basescu Monday night, Mihai Ungureanu (independent,...

Social»

Snowfalls and blizzard to end today, severe cold to follow

Snowfalls and blizzard to end today, severe cold to follow

February 7th, 2012 at 9:00 PM
124 localities cut off, 300 with no electricity, 45 national roads closed to traffic, schools closed in 12 counties and in Bucharest. The severe winter is showing no signs...

World»

Russian FM: Assad agrees to talks, ‘fully commits’ to end violence

February 7th, 2012 at 9:00 PM
Pro-government crowds gave the Russian foreign minister a hero’s welcome in the capital Damascus, amid rising violence in the country. DAMASCUS - Syria’s President Assad...

Recent Articles

PSD Senator Mitrea involved in car accident

PSD Senator Miron Mitrea was involved in a car accident in Bucharest on Tuesday afternoon, judicial sources informed. A woman was injured. Police officers established that Mitrea was not driving under the influence. According to aforementioned sources, the woman slipped and leaned on the car driven by the senator. Investigations will be taken over by [...]

President Basescu nominates Ungureanu, rejects the idea of early elections

The head of state announced Monday evening, after consultations with the parties, that he nominated the chief of the Foreign Intelligence Service (SIE) Mihai Razvan Ungureanu as prime minister, saying that it was the decision of the ruling coalition PDL-UNPR-UDMR. “Two approaches took shape today: the parties of the ruling coalition chose to maintain the [...]

Snowfalls and blizzard to end today, severe cold to follow

124 localities cut off, 300 with no electricity, 45 national roads closed to traffic, schools closed in 12 counties and in Bucharest. The severe winter is showing no signs of abating. Meteo­rologists extended yesterday the orange level alert for snowfalls and blizzard in eight south-eastern counties including the Capital until today. A yellow level alert [...]

Mihai Razvan Ungureanu – premier designate, set to present new cabinet

All existing PDL ministers have been replaced, while UDMR and UNPR preferred to keep their old ones. Designated by President Traian Basescu Monday night, Mihai Ungureanu (independent, SIE chief), yesterday held talks with ruling coalition parties PDL, UNPR, UDMR and was expected to introduce the members of his cabinet last night or this morning. UDMR [...]

Franks, IMF: It’s too early for a likely rise in salaries and pensions to be discussed

Jeffrey Franks, head of the International Monetary Fund (IMF) mission to Romania, told the Money Channel that despite Romania’s good economic indicators it’s too early for a likely rise in salary and pensions. Franks said that the population has already begun to feel the changes in the economy, unemployment began falling. Salaries in the private [...]

Djokovic and FC Barcelona, the big winners of Laureus Awards

Romania’s Nadia Comaneci and Ilie Nastase attended the gala in London. FC Barcelona won the Lau­reus World Team of the Year Award, Novak Djokovic won the World Sportsman of the Year Award, Kenya’s Vivian Che­ruiyot won the Sports­woman of the Year Award and Darren Clarke won the Comeback Award. The awards were conferred in a [...]

Cult film “Metropolis” at Czech Centre

The 1920s cult film “Metropolis” will be screened tomorrow evening at the Czech Centre in Bucharest, to the music of Cool Haters Abator Industries, a release quoted by Mediafax informs. Fritz Lang’s “Metropolis” is a silent science-fiction movie, set in a futuristic city, a dystopian society whose values are being questioned. The public’s entrance is [...]

Iran is ready to ban oil exports to Europe

TEHRAN – Iranian lawmakers appeared ready to impose a ban on oil exports to Europe in retaliation for sanctions put in place by the European Union and the United States in January, state media reported Tuesday, quoted by CNN. “Parliament is ready to stop oil exports to Europe,” Iranian parliament speaker Ali Larijani said, according [...]

Two orders for providing oil fiscal skids in Iraq and Bahrain of EUR 3 M

The companies in the region providing solutions, services and equipment for oil and gas processes gained in the last years a vast worked experience, South-Eastern Europe being a strategic region for energy transit, linking Eurasian supplies with large consumers in Western Europe. The region is also a significant energy consumer, accounting for 35% of total [...]

International Film Festivals’ spring in Bucharest

After announcing that the 2012 Bucharest International Film Festival (March 19 – 25) would open with Radu Mihaileanu’s latest feature, “La source des femmes”, the “CHARTA” Cultural Foundation, the event organizer, has another piece of exciting news: its “exclusive” presentation of the production “Shame”, directed by Irish filmmaker Steve McQueen, the winner of last year’s [...]