September 19, 2018

In just one week, Romania’s sovereign debt default risk doubled – Moody’s

Moody’s said in a report that the probability of a Romanian sovereign debt default in the next five years reached 8.9% at the end of last week, after the 12-month risk nearly doubled to 1.35%, from 0.76% … [Read more...]

EC presents financial transaction tax proposal

The European Commission has formally proposed a financial transaction tax on all EU member states which would rise about 57bn Euros a year and would come into effect at the start of 2014. Commission president … [Read more...]

Daniel Daianu: BNR should lower the interest rate

Economic expert and former finance minister Daniel Daianu told a Coface seminar yesterday that the National Bank of Romania (BNR) could slightly lower the monetary policy interest rate, seeing the abrupt … [Read more...]

Exchange rate hits highest rate in 15 months

The National Bank of Romania (BNR) announced a reference exchange rate of RON 4.3210/EUR, the highest in the last 15 months, due to the fact that the national currency depreciated in the first part of … [Read more...]

The Romanian Armed Forces are prepared to face NATO missions

The Romanian Defence Ministry (MApN) hosted a ceremony in the ending of the support mission supported by the Allied Joint Force Command Naples for the integration of the Romanian Armed Forces with the … [Read more...]

Emil Boc: The Government will evaluate any investment over a million euros

Prime Minister Emil Boc said in the opening of the Government meeting that any investment over a million euros in Romania will be discussed in the Government, to rush the approval process. According to … [Read more...]

MRDT wants the Danube to be promoted with its own brand

The Ministry of Regional Development and Tourism proposed a European project in which Romania’s prerogatives include tourism and culture, as part of the Danube Strategy. According to the Ministry, the … [Read more...]

Employment Agency – jobless rate will not exceed 5% this year in Romania

Silviu Bian, president of the National Employment Agency (ANOFM), said Tuesday that the jobless rate in Romania has slightly increased to 4.83%, but it should not exceed 5% this year. According to … [Read more...]

Emperor Caracalla’s political revenge discovered in Alba Iulia on an 1,800-year old inscription

The artifact discovered during the archaeological research that brought to light vestiges of Principia (building of the command of Castrum Legio XIII Gemina) in Alba Iulia, reminds people of a bloody political … [Read more...]

Coal mines and power generators to be sold by June 2012

According to the latest letter of intent that the government has agreed on with the IMF, the two smaller energy companies to be created (Oltenia Energy Centre and Hunedoara Energy Centre) shall be privatized … [Read more...]

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