Editorial»

Klaus Iohannis and demography

March 31st, 2015 at 9:00 PM
Klaus Iohannis started the year 2015 by achieving an important objective. After constant pleading, he managed to impose the Romanian political class a Pact for Defence. This...

Business»

Chamber of Commerce and Industry Romania – Republic of Korea: An active presence for enhancing economical and commercial relations, says Marius Sticlaru, CCRC President

Chamber of Commerce and Industry Romania – Republic of Korea: An active presence for enhancing economical and commercial relations, says Marius Sticlaru, CCRC President

March 30th, 2015 at 9:00 PM
Romania grants a special consideration to the Strategic Partnership with the Republic of Korea, established at the highest level, on the occasion of the official visit made...

Politics»

Radu Pricop, Traian Basescu’s son-in-law heard at DNA as suspect in Lucinschi case

Radu Pricop, Traian Basescu’s son-in-law heard at DNA as suspect in Lucinschi case

March 31st, 2015 at 9:00 PM
Radu Pricop (photo), former President Traian Basescu’s son-in-law, on Tuesday went to the National Anti-corruption Directorate (DNA) for hearings. Judiciary sources...

Social»

Living and working in Romania : Interview with Karen and Stephen Willoughby, exceptional teachers of International School of Bucharest

Living and working in Romania : Interview with Karen and Stephen Willoughby, exceptional teachers of International School of Bucharest

March 30th, 2015 at 9:00 PM
Karen and Stephen Willoughby joined International School of Bucharest (ISB) in August 2013. Karen is Primary Deputy Principal and Stephen is Secondary Deputy Principal. They...

World»

Romania, U.S. explore new prospects for cooperation under their Strategic Partnership

Romania, U.S. explore new prospects for cooperation under their Strategic Partnership

March 30th, 2015 at 9:00 PM
President Klaus Iohannis said on Monday that more predictability and transparency in the Government’s action and the law making process are essential conditions to draw...

Recent Articles

Klaus Iohannis and demography

Klaus Iohannis started the year 2015 by achieving an important objective. After constant pleading, he managed to impose the Romanian political class a Pact for Defence. This January, after issuing it, Iohannis declared that “It is an implicit agreement to the development of the national defence industry.” An industry that mostly got thrown away. And [...]

Radu Pricop, Traian Basescu’s son-in-law heard at DNA as suspect in Lucinschi case

Radu Pricop (photo), former President Traian Basescu’s son-in-law, on Tuesday went to the National Anti-corruption Directorate (DNA) for hearings. Judiciary sources tell Agerpres that he is being heard as a suspected accomplice to the count of blackmail allegedly committed by Sergiu Lucinschi, son of former Moldovan President Petru Lucinschi, currently in the custody of the [...]

Who approved Basescu’s move to Scrovistea Palace?

Former president Traian Basescu has finally vacated the Lac 3 Villa reserved for acting presidents, despite the fact that he should have done so long ago. Thus, acting President Klaus Iohannis can now move in the rightful official residence that Basescu occupied until now. Through a government decision, the Executive established a month ago that [...]

Auto sales rising

In February new car sales grew by almost 21 pc year-on-year, to 6,281 units, the Driver Licenses and Vehicle Registration Directorate (DRPCIV) data published on Friday show. Of the total new car sales, auto vehicles registered in February a 12.77 per cent year-on-year growth to 4,116 units, up from 3,650 units in the same period [...]

Electrica profit up 59 pc in 2014

Electrica Group, a leader in the transmission and supply of electricity in Romania, registered in 2014 a net consolidated profit of RON 401.4 M, representing a growth of RON 149 M or 59 per cent year-on-year, excluding the transferred minority participations. Its operational profit in 2014 stood at RON 497 M, 44 per cent higher [...]

Price of natural gas for household consumers to drop 3.9 pc on average on April 1

The price of natural gas for household consumers will drop by an average of 3.9 per cent starting on April 1, the National Regulatory Authority for Energy (ANRE) announced on Friday. According to ANRE, this drop is caused by a fall in the price of natural gas for the regulated market, namely by the elimination [...]

Estimated budget surplus of RON 1.5 bln in Q1

* Budget revenues rising, expenses falling * In Q1 the estimated budget surplus is RON 1.5 bln * Result encourages government to implement VAT cut on July 1   The Public Finances Ministry has published the data on the execution of the consolidated budget in the first two months of 2015. According to the FinMin, [...]

Romania to pay another EUR 128.1 M to EU and WB in 2015

Romania has to reimburse another EUR 128.1 M to the European Union and the World Bank this year, for the stand-by agreement signed in 2009, according to data offered by the Public Finance Ministry (MFP). Since the start of the year our country has reimbursed over EUR 1.732 bln to the IMF, EU and WB. [...]

Transelectrica CEO:Electricity production up 11.3 pc last year

* In 2014 consumption grew by 2 pc year-on-year * Electricity exports were the highest in 10 years   According to Toni Teau, CEO of Transelectrica, the operator of the national electricity transmission system, in 2014 Romania’s electricity production grew by 11.3 per cent year-on-year and net consumption by 2 per cent to 53.5 TWh. [...]

Living and working in Romania : Interview with Karen and Stephen Willoughby, exceptional teachers of International School of Bucharest

Karen and Stephen Willoughby joined International School of Bucharest (ISB) in August 2013. Karen is Primary Deputy Principal and Stephen is Secondary Deputy Principal. They are both from Ireland and they previously taught in countries including the United Kingdom, South Korea, Libya and Jordan. Karen’s qualifications include a PGCE in Primary Education and a Master’s [...]