Editorial»

Small parties, big ambitions

January 26th, 2015 at 9:00 PM
A major inflation is forecast in Romania. However, it is not the characteristic economic phenomenon, but an inflation of… parties. With no concrete steps taken by the leaders...

Business»

CHF loans crisis: Polish Premier sides with debtors

CHF loans crisis: Polish Premier sides with debtors

January 26th, 2015 at 9:00 PM
* IMF’s harsh reaction expected   * Opinion of Romanian Central Bank officials Unlike the opinions expressed by Romanian banking authorities (especially BNR) and by some...

Politics»

BNR, the judiciary and political leaders react promptly after the IMF’s letter on the individual insolvency law

BNR, the judiciary and political leaders react promptly after the IMF’s letter on the individual insolvency law

January 26th, 2015 at 9:00 PM
Following the letter sent on Monday by the IMF to the Justice Minister, Robert Cazanciuc, to the Central Bank’s Governor, Mugur Isarescu and to the chairman of the...

Social»

Swiss Franc borrowers organize protest in Bucharest

Swiss Franc borrowers organize protest in Bucharest

January 25th, 2015 at 9:00 PM
The Group of Clients with CHF-denominated Loans organized on Sunday a protest meeting outside the Palace of Parliament, asking the Government, the Lower Chamber, the National...

World»

European leaders gather in Prague, Terezin for Holocaust Commemoration and to discuss how to deal with the rise of anti-Semitism

European leaders gather in Prague, Terezin for Holocaust Commemoration and to discuss how to deal with the rise of anti-Semitism

January 24th, 2015 at 9:00 PM
Senior politicians, diplomats, global figures and experts from around the world will gather in Prague and Terezin on Monday and Tuesday, in the framework of an official European...

Recent Articles

BNR, the judiciary and political leaders react promptly after the IMF’s letter on the individual insolvency law

Following the letter sent on Monday by the IMF to the Justice Minister, Robert Cazanciuc, to the Central Bank’s Governor, Mugur Isarescu and to the chairman of the Legal Committee with the Chamber of Deputies, Bogdan Ciuca on the individual insolvency law, representatives of the above-mentioned institutions, as well as political leaders, have promptly reacted. [...]

Viorel Hrebenciuc and Paltin Sturdza remain under arrest

The High Court of Justice decided on Monday that Viorel Hrebenciuc and Paltin Sturdza will be put on trial under preventive arrest, in the case concerning the illegal restitution of forests, while Ioan Adam will remain under house arrest and Tudor Chiuariu will remain under judicial control but he can leave the country on January [...]

Elena Udrea: “In the Microsoft case there are accusations that would profoundly shake the country”

Elena Udrea has posted on her Facebook page the claim that in the Microsoft case there are accusations that if released to the press “would profoundly shake the country and would shatter the idea of anti-corruption!” The statement was posted on Facebook after Gabriel Sandu and Nicolae Dumitru, persons involved in the case, were released [...]

CHF loans crisis: Polish Premier sides with debtors

* IMF’s harsh reaction expected   * Opinion of Romanian Central Bank officials Unlike the opinions expressed by Romanian banking authorities (especially BNR) and by some internal and external political circles (including the IMF), Polish and Croatian authorities are determined to step up to the plate. The Polish Government is working on a series of plans [...]

PNL’s proposals for the consultations from Cotroceni Palace: less MPs, introduction of the vote-by-mail system

At the upcoming consultations on election law with the head of state, PNL is going to plead for a slashing down of the number of MPs and also for the introduction of the vote-by-mail system for Romanians residing abroad, Liberal deputy chairman Mihai Voicu told a press conference on Monday. ‘As regards the introduction of [...]

Romania’s First Ladies, between discretion and a career

Carmen Iohannis: I do not want to quit my career, I will try to divide myself between Sibiu and Bucharest   Romania’s First Lady Carmen Iohannis impressed from her first public appearances. By her elegant, modest, discrete and, at the same time, highly charismatic appearance, she immediately attracted the limitless appreciation of public opinion, as [...]

1100 delegates convene for the National Council of the new PNL on Saturday to discuss the political roadmap until 2017

The National Council of the new National Liberal Party (PNL) will meet on Saturday at the Palace of Parliament to discuss, according to the party statutes, the political roadmap of the formation over the period January 2015 – January 2017, Secretary-general Gheorghe Flutur told a press conference on Monday, at the end of the meeting [...]

President Klaus Iohannis at CNSAS: This archive will contribute pieces to the museum of Communism in Romania

President Klaus Iohannis said during his visit to the National Council for the Study of Securitate Archives (CNSAS), where the former Securitate records are stored, Monday morning, that Romanians should give more importance to recent history and study the years of communism more. The head of state, who wants a more thorough study of recent [...]

PwC : Romania records mergers, acquisitions worth some 1.2 billion euros in 2014

The market in Romania recorded mergers and acquisitions worth some 1.2 billion euros in 2014, a level similar to that in 2013, according to a PwC Romania analysis released on Monday for Agerpres. The total value of Romania’s mergers and acquisitions market was the third-largest one in the region of Central and Eastern Europe, after [...]

IMF cautions Parliament, Governor and Justice Minister on individual insolvency law

The International Monetary Fund (IMF) sustains that if endorsing the individuals’ insolvency law without an adequate impact study and without consulting the associations involved, could never attain its goals and could have a negative impact on the financial market. The IMF supports the authorities efforts to promote a legislation in this domain, but we are [...]