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»

Millenium Bank, OTP Bank temporarily lower interest rates for clients with Swiss Franc loans

Millenium Bank, OTP Bank temporarily lower interest rates for clients with Swiss Franc loans

January 26th, 2015 at 9:00 PM
According to a communiqué issued by the Millennium Bank, clients can benefit from a temporary cut of 1.5 percentage points in the interest rate for all CHF-denominated loans....

Politics»

President Klaus Iohannis visits Communism’s Archives

President Klaus Iohannis visits Communism’s Archives

January 25th, 2015 at 9:00 PM
The Presidential Administration has announced that President Klaus Iohannis will pay a visit on Monday to  the National Council for the Study of the Securitate Archives (CNSAS)....

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

Millenium Bank, OTP Bank temporarily lower interest rates for clients with Swiss Franc loans

According to a communiqué issued by the Millennium Bank, clients can benefit from a temporary cut of 1.5 percentage points in the interest rate for all CHF-denominated loans. The cut will cover a period of three months, on the basis of a written request addressed by February 27 to any Millennium Bank branch. Millennium Bank [...]

Serbia, potential beneficiary of Black Sea natural gas

Serbia is discussing with Romania the possibility of importing natural gas from the Black Sea region and is open to talks on obtaining natural gas from Russia through alternative routes, Serbian Premier Aleksandar Vucic stated on Thursday at the World Economy Forum in Davos, Tanjug informs. “We have just finished talks with Premier Victor Ponta [...]

Small parties, big ambitions

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 of major political parties in the Romanian political life to reform them at the pace the electorate demands it as shown by opinion polls, it has become [...]

Swiss Franc borrowers organize protest in Bucharest

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 Bank and the commercial banks to convert forex-denominated loans into RON-denominated loans. According to police estimations, approximately 1,500 persons took part in the protest. “If we consider the police [...]

President Klaus Iohannis visits Communism’s Archives

The Presidential Administration has announced that President Klaus Iohannis will pay a visit on Monday to  the National Council for the Study of the Securitate Archives (CNSAS). Thus, the President will be at CNSAS’s archives in Popesti Leordeni, Ilfov County, at 10 a.m. “It will have an important contribution to the opening of a Museum [...]

Swiss Franc crisis sparks much talk but little solutions

Last Friday the RON/CHF exchange rate registered a new record high, namely RON 4.5817/CHF, up by 1.5 per cent compared to the previous day. There is nothing spectacular in the plan of actions for supporting the more than 75,000 borrowers with CHF-denominated loans. It is true that also last Friday the President met the Governor [...]

SRI: Romania is being transited by Europeans who want to join ISIS

The Romanian Intelligence Service (SRI) informed through a press release on Saturday that a high number of persons, especially from Western Europe and Western Balkans, were interested to travel to Syria and Iraq to engage in conflicts there, mainly transiting Romania and Bulgaria, as land routes. SRI says ‘the effective management of risks associated with [...]

PM Ponta: Works at Ungheni-Iasi-Targu Mures motorway might begin in 2016

The Government has included the Ungheni-Iasi (northeastern Romania) – Targu-Mures (centre) motorway in the road transport master plan to be sent to the European Commission, Prime Minister Victor Ponta announced on Friday. He mentioned that works might begin at the earliest in 2016. Ponta said the plan was to secure full financing through the Sectoral [...]

Senator Firea questioned by PICCJ on Traian Basescu’s blackmail file

PSD Senator Gabriela Firea was invited on Friday to a hearing at the Prosecutors’ Office of the High Court of Cassation and Justice (PICCJ) to grant statements in the file she initiated, accusing former Head of the State Traian Basescu of threat and blackmail. “I answered the subpoena issued by the prosecutor working on the [...]

“Holocaust through the Eyes of Filmgoers” Festival at the Peasant’s Museum

The “Elie Wiesel” National Institute for Studying Holocaust in Romania (INSHR – EW), in partnership with the US Embassy in Romania, announces the film festival “Holocaust through the Eyes of Filmgoers”, scheduled during January 27 – 29. This is the first film festival dedicated to the Holocaust and reunites famous adaptations, valuable documentaries and Romanian [...]