Editorial»

Davos on Twitter (II)

January 29th, 2015 at 9:00 PM
Here are some of the ideas that were circulated, the ‘substance’ of the talks involving two or several personalities, ‘fragments’ of thought of personalities with...

Business»

Nine companies win tenders for Campia Turzii – Targu Mures Highway

Nine companies win tenders for Campia Turzii – Targu Mures Highway

January 29th, 2015 at 9:00 PM
Nine companies have won the tenders for the construction of the 56.5-kilometer Campia Turzii – Ogra – Targu Mures Highway, as part of a project whose total value surpasses...

Politics»

Elena Udrea charged with money laundering and misrepresentation in declarations

Elena Udrea charged with money laundering and misrepresentation in declarations

January 29th, 2015 at 9:00 PM
Elena Udrea, People’s Movement Party (PMP)  President and ex-Tourism Minister, MP and ex-presidential candidate,  was questioned by the National Anti-corruption Department...

Social»

200 million euro loan from IBRD for education system

200 million euro loan from IBRD for education system

January 29th, 2015 at 9:00 PM
The government has approved, on Wednesday, the contracting from the International Bank for Reconstruction and Development (IBRD) of a loan worth 200 million euros for the...

World»

Commissioner Corina Cretu meets Romanian Minister of European Funds, says financial instruments represent the future of cohesion funds

Commissioner Corina Cretu meets Romanian Minister of European Funds, says financial instruments represent the future of cohesion funds

January 28th, 2015 at 9:00 PM
The European Commissioner for Regional Policies Corina Cretu highlighted the importance of using financial instruments in implementing regional development policy, in a meeting...

Recent Articles

Elena Udrea charged with money laundering and misrepresentation in declarations

Elena Udrea, People’s Movement Party (PMP)  President and ex-Tourism Minister, MP and ex-presidential candidate,  was questioned by the National Anti-corruption Department (DNA) on Thursday  for hours on end.  PMP head has been charged with money laundering and misrepresentation in her financial disclosure. Udrea was taken by the judicial police officers from the front of her [...]

President Iohannis meets the diplomatic corps, says Romania’s foreign policy will be effective, creative and responsive to the dynamic in the region

President Klaus Iohannis has presented on Thursday, in his first meeting since taking office with the diplomatic corps, his vision on Romania’s foreign policy and the priorities of his tenure in this field. He told ambassadors accredited in Romania that he wished a visionary foreign policy, more transparent and  more active and that his main [...]

Heads of diplomatic missions accredited in Romania received at the Cotroceni Palace

President Klaus Iohannis will host on Thursday the annual meeting with the heads of the diplomatic missions accredited in Romania. The Presidential Administration announced the event for 11am, in the Union Hall of Cotroceni Palace, the official residence of the presidency. The President will also receive in the afternoon several new ambassadors, who will provide [...]

Iohannis after the consultations with the parliamentary parties: It is time that Romania moves to a new stage of democracy

President Klaus Iohannis said on Wednesday night it is time that Romania moves to a new stage of democracy, adding he has in view three directions: participation, integrity and sustainability. He specified that the political bodies’ reform is one of his tenure’s priorities and the first step in the reform of the political class. ‘For [...]

President Iohannis on CVM report: Efforts must continue to secure the irreversible evolution of Judiciary reforms

President Klaus Iohannis hailed the evaluation of Romania’s key anticorruption institutions by the European Commission under the Cooperation and Verification Mechanism (CVM) on Wednesday night and pointed out efforts must continue to secure the irreversible evolution of reforms of the Judiciary. The President underscored that the report on Romania’s progress within the CVM throughout 2014 [...]

A question awaiting an answer: Who will be the new Heads of SRI and SIE?

In a sensitive international context challenged by the increase of the danger represented by terrorist threat, Romania is caught with its main intelligence services led by interims. The Foreign Intelligence Service (SIE) has no manager since September 2014, when Teodor Melescanu resigned to run for President. At the time being, the institution is managed by [...]

Nine companies win tenders for Campia Turzii – Targu Mures Highway

Nine companies have won the tenders for the construction of the 56.5-kilometer Campia Turzii – Ogra – Targu Mures Highway, as part of a project whose total value surpasses RON 1.164 bln, a project financed from non-reimbursable European funds. According to a communiqué issued by the National Roads and Highway Company (CNADNR), the construction of [...]

Interview with Energy Minister Andrei Gerea:Energy independence yet to be secured for Romania (I)

* The energy mix is balanced however competitiveness is held by green energy installations * If explorations in the natural gas sector are successful then we could talk about the fact that Romania has become an energy independent country   What is the structure of electricity production in Romania and how do you deem the [...]

Softronic’s Hyperion II train to become operational in July

* First joint-venture between Softronic and a local railway group being set up in Hungary Ionel Ghita, Softronic SA Craiova’s project manager, has informed us that the second electric train is being built there, being designed and built exclusively on the basis of the Romanian specialists’ competence. Hyperion II is at an advanced stage, the [...]

Bancpost – seventh bank that lowers interest for CHF loans

Starting on Thursday, January 29, Bancpost will lower its interest rate for CHF-denominated loans by 0.8 percentage points. The bank announces that it will also continue to offer long-term solutions based on the options and needs of every client, which include restructuring, currency conversion and the extension of the crediting period. Bancpost is the seventh [...]