Editorial»

Corruption like an endless daytime drama

March 6th, 2015 at 9:00 PM
Mrs. Neacsu sits on the bench in front of the block, clasps the coat around her body, while enjoying the last sun rays of an unbelievably warm February day. She is probably...

Business»

Gov’t engages in self-criticism: Special constructions tax to be dropped in 2016

Gov’t engages in self-criticism: Special constructions tax to be dropped in 2016

March 6th, 2015 at 9:00 PM
A new special constructions tax will no longer be introduced in Romania in the next five years after it was noticed that the tax has created big problems in the agricultural...

Politics»

MEP Cristian Preda on PMP’s alliance with PP-DD: ‘EPP values are trampled under foot’

MEP Cristian Preda on PMP’s alliance with PP-DD: ‘EPP values are trampled under foot’

March 6th, 2015 at 9:00 PM
MEP Cristian Preda, formerly a member of the People’s Movement Party (PMP), denounces the alliance made by his former PMP colleagues with PP-DD, which he calls ‘scandalous’. ‘Although...

Social»

Hackers arrested in Sibiu for hacking into accounts

Hackers arrested in Sibiu for hacking into accounts

March 6th, 2015 at 9:00 PM
Ten young men were detained in Sibiu on Thursday by the SCCO Sibiu Police supervised by the DIICOT Teleorman prosecutors, on charges of setting up an organised criminal group...

World»

Minister Dusa: 22nd “Ciresoaia” Mountain Huntsmen Battalion to participate in new mission in the theatre of operations of Afghanistan

Minister Dusa: 22nd “Ciresoaia” Mountain Huntsmen Battalion to participate in new mission in the theatre of operations of Afghanistan

March 6th, 2015 at 9:00 PM
Servicemen of 22nd ‘Ciresoaia’ Mountain Huntsmen Battalion of Sfantu Gheorghe will participate in a new mission of the Romanian Army in the theatre of operations...

Recent Articles

MEP Cristian Preda on PMP’s alliance with PP-DD: ‘EPP values are trampled under foot’

MEP Cristian Preda, formerly a member of the People’s Movement Party (PMP), denounces the alliance made by his former PMP colleagues with PP-DD, which he calls ‘scandalous’. ‘Although I am no longer a member of PMP, I consider that the association of the party with PP-DD is scandalous. As an EP member, I requested PMP’s [...]

Gruia Stoica receives four year prison sentence, his lawyer – three years

Businessman Gruia Stoica, convicted for buying influence, was sentenced on Thursday to four years in prison and prohibition of selected rights for a period of three years. His lawyer, Doru Bostina, received a custodial sentence of three years, being convicted for influence peddling in the same case. This is not a final decision and may [...]

Postal and electronic voting back to Parliament

Two new bills – one on postal voting and one on electronic voting – have been tabled in Parliament. PMP MP Eugen Tomac has submitted the two draft laws in Parliament, after two months when they had been under public debate. ‘As promised, I have tabled in the Romanian Parliament the two legislative initiatives which [...]

Gov’t engages in self-criticism: Special constructions tax to be dropped in 2016

A new special constructions tax will no longer be introduced in Romania in the next five years after it was noticed that the tax has created big problems in the agricultural sector as well as for certain companies that had to pay for installations that they no longer use, Finance Minister Darius Valcov stated on [...]

Fiscal Council President Ionut Dumitru about fiscal relaxation: Shock in fiscal system will be big, positive effects, not instantaneous

The shock in the fiscal system will be quite big after the enforcement of the fiscal relaxation measures and the positive effects resulting following these measures will not come into view immediately, so the revenues to the budget will go down, Ionut Dumitru said within a specialty event. ‘The shock is quite a big one [...]

Romania’s GDP per capita to surpass EU average in 10-12 years

* Such an ambitious project based solely on reducing fiscality is utopia   We do not know whether all the economic news that the Finance Minister generates almost daily also enjoy the head of government’s endorsement. Based on how the two officials have behaved for more than two or three weeks now the answer could [...]

Tennis-Davis Cup: Romania-Israel 2-0, President Iohannis announces he will be in the stands of the venue to support Romania’s team

Romania’s team is leading Israel 2-0 after the first day of the Davis Cup, courtesy of the tennis player Marius Copil who has defeated Dudi Sela 6-7 (3), 7-6 (3), 6-4, 6-2, on Friday evening, in the Transilvania Hall in Sibiu (rd 272 km north-west of Bucharest), in the first round of the competition, Group [...]

WTA’s inquiry: Simona Halep, best tennis player of February

Romanian tennis player, Simona Halep, world #3, was designated the best tennis player of February in the women professional tennis (WTA), in an inquiry carried on WTA’s site.  

Hidroelectrica to be listed on the stock exchange in 2016

Hidroelectrica will come out of insolvency in 2015 and will be listed on the stock exchange in the first half of 2016, Remus Borza, the company’s trustee in bankruptcy, stated at the Romania Investor Day event in London. “It will be by far the biggest listing. The state will obtain at least EUR 500 M [...]

George Scutaru released from the position of presidential adviser

President Klaus Iohannis has signed on Friday the decree to release Adrian-George Scutaru from the position of presidential adviser for national security, the Presidential Administration announces. According to the quoted source, another decree was signed by the  President   to appoint  Ion Oprisor in the office of presidential adviser for national security. Former deputy George Scutaru [...]