Editorial»

To be or not to be in the Eurozone

April 24th, 2015 at 9:00 PM
A recent reunion entitled “Romania’s Path to Eurozone”, organized by the EC Representation to Bucharest and the National Bank generated national interest related...

Business»

PM Ponta: Most recent IMF evaluation shows Romania’s macroeconomic policies are sound

PM Ponta: Most recent IMF evaluation shows Romania’s macroeconomic policies are sound

April 24th, 2015 at 9:00 PM
Romania has sound macroeconomic policies and the country’s GDP has returned to the pre-crisis level, Premier Victor Ponta wrote on his Facebook account on Friday, citing...

Politics»

PM Ponta: Since I have been Prime Minister, I have had no data on existence of CIA prisons in Romania

PM Ponta: Since I have been Prime Minister, I have had no data on existence of CIA prisons in Romania

April 24th, 2015 at 9:00 PM
Prime Minister Victor Ponta in Craiova on Friday said that he has no information concerning the existence of any CIA prisons on Romania’s territory. “In the three...

Social»

Iohannis: I am with the bicyclists, urging more people to ride bicycles

Iohannis: I am with the bicyclists, urging more people to ride bicycles

April 25th, 2015 at 9:00 PM
President Klaus Iohannis on Saturday urged as many people as possible to ride bicycles, showing that moving by means of a bicycle cuts road traffic and implicitly pollution. ‘Life...

World»

Bucharest officials hail the 10th anniversary of the signing in Luxembourg of the Accession Treaty between Romania and the EU

Bucharest officials hail the 10th anniversary of the signing in Luxembourg of the Accession Treaty between Romania and the EU

April 25th, 2015 at 9:00 PM
Romania’s President Klaus Iohannis on Saturday issued a message on the 10th anniversary of Romania having signed an accession treaty with the European Union in which...

Recent Articles

Iohannis: I am with the bicyclists, urging more people to ride bicycles

President Klaus Iohannis on Saturday urged as many people as possible to ride bicycles, showing that moving by means of a bicycle cuts road traffic and implicitly pollution. ‘Life in big cities is many times tumultuous and crowded, whereas improving life quality should be a medium and long-term objective. Moving by bicycle on Sunday in [...]

PM Ponta: Since I have been Prime Minister, I have had no data on existence of CIA prisons in Romania

Prime Minister Victor Ponta in Craiova on Friday said that he has no information concerning the existence of any CIA prisons on Romania’s territory. “In the three years since I have been Prime Minister, I have never had any kind of information concerning the existence of these prisons. Whether there have been or not before, [...]

PM Ponta: Most recent IMF evaluation shows Romania’s macroeconomic policies are sound

Romania has sound macroeconomic policies and the country’s GDP has returned to the pre-crisis level, Premier Victor Ponta wrote on his Facebook account on Friday, citing a set of data from the most recent International Monetary Fund evaluation report. “Some of Romania’s macroeconomic strengths (as per the most recent IMF evaluation): it has sound macroeconomic [...]

Public administration trade unions announce general strike on April 30

The National Public Administration Unions Federation plans staging a general strike on April 30 and a rally in Bucharest on May 27; as a next step, public administration services will go on indefinite strike in the second half of the year, the Federation informed Agerpres on Friday in a release. “The National Public Administration Unions [...]

Polish ambassador to Romania wants revitalisation of north-south corridor between Baltic and Black Sea

Polish Ambassador to Romania Marek Szczygiel says he wants the north-south corridor between the Baltic Sea and the Black Sea revitalised. In a meeting with local authorities in Galati on Friday, Szczygiel asserted this very old commercial route from between the Romanian and Polish shores could be developed using European funds. “We have discussed the [...]

VGC, the gas interlink between Romania, Bulgaria and Greece, to be ready by end of 2018

The interconnection of the natural gas transmission grids of Bulgaria and Greece will be operational in 2018, while the interconnection between the natural gas transmission grids of Romania and Bulgaria will be completed by the end of 2016 or early 2017. This will create what is called the Vertical Gas Corridor, in line with a [...]

Gas price will grow by 5 – 8 pct with July 1 2015

The final price of natural gas will grow from July 1 2015 by 5 – 8 percent, on Thursday said the chairman of the National Regulation Authority in Energy (ANRE), Niculae Havrilet. ‘The final price will increase by 5 – 8 percent on average from July 1, as calculated for the 2015-2016 gas year. It [...]

Romania – attractive market for auto industry investors: Germany’s Nexans Autoelectric to build plant in Targu-Jiu

*The new plant will manufacture automotive cables for Daimler   Germany’s Nexans Autoelectric concern will build in Targu-Jiu, on a 4-hectare plot of land, a plant that will manufacture automotive cable for Daimler, Agerpres informs. The investors will lease for 49 years a plot of land owned by the Targu-Jiu city hall. The Targu-Jiu city [...]

JCRA improves Romania’s rating outlook from stable to positive

The Japan Credit Rating Agency (JCRA) has announced the improvement of Romania’s long-term RON- and forex-denominated government debt rating outlook from stable to positive, BBB-/BBB, a Public Finance Ministry communiqué shows. “The agency’s decision to improve the rating outlook from stable to positive reflects the government’s efforts on lowering the budget deficit and current account [...]

OMV Petrom’s hydrocarbon production rises

OMV Petrom, member of Austria’s OMV Group, produced 184,000 barrels of oil equivalent per day (oil and natural gas) in Q1 of 2015, up by 2,000 boe quarter-on-quarter. The group’s production dropped by 5 per cent in Q1 of 2015 to 303,000 boe per day, following the partial closing of wells in Norway and Libya, [...]