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JusMin Toader announces move to axe anti-corruption head Laura Codruta Kovesi

Friday, February 23, 2018


Minister of Justice Tudorel Toader announced on Thursday that he will start procedures for removing from office Chief Prosecutor of the National Anticorruption Directorate (DNA) Laura Codruta Kovesi. Minister Tudorel said that the making of the report on the managerial activity of the National Anti-corruption Directorate (DNA) was carried out based on the very broad debates in the public space in the last year, debates that have "deeply" divided the ...

Presidency reaction to Report on DNA managerial activity presented by justice minister

Friday, February 23, 2018

The Presidential Administration makes the following remarks about the Report on DNA managerial activity presented by the minister of justice on February 22: Because of the lack of clarity in presenting the Report on the managerial activity of DNA and considering that the evaluation of the activity of DNA and of managers of that institutions by Romania’s President are different from that of the minister of justice, a deep analysis of the document ...

Council of Europe anti-corruption body visits Romania

Friday, February 23, 2018


  According to the press release sent to ACTMedia by the Council of Europe, a delegation from the Group of States against Corruption of the Council of Europe ...

President Iohannis to attend informal meeting of the European Council in Brussels on Friday

Friday, February 23, 2018


Romania's President Klaus Iohannis will be attending an informal meeting of the European Council in Brussels on Friday, according to the Presidential Administration.Featuring on the agenda of the meeting are negotiations over the post-2020 multiannual financial framework, as well as institutional aspects of the European Union.According to the Presidential Administration, as far as the future budget of the European Union after 2020 is concerned, the ...

EC First Vicepresident Frans Timmermans to visit Romania next week

Friday, February 23, 2018


Frans Timmermans, First Vicepresident of the European Commission will be on an official visit in Romania over February 28- March 1. “Frans Timmermans, Vice-President of the European Commission and European Commissioner for Better Regulation, Interinstitutional Relations, the Rule of Law and the Charter of Fundamental Rights will be on an official visit in Romania over February 28 - March 1, 2018,” the EC website ...

BNR's Vasilescu says January's inflation rise caused by State's ill-timed pushing up regulated prices

Friday, February 23, 2018


The 4.3 percent inflation rate this January announced by the National Institute of Statistics is mainly the effect of the increase in regulated prices, specifically for fuel, electricity, heating and gas, National Bank of Romania (BNR) strategy consultant Adrian Vasilescu said on Thursday, pointing out that the State has moved these prices up when it wasn't supposed to.According to Vasilescu, a look at the inflation table released by the statistics authority shows ...

Lazea: Romania structurally farther than Central and East European states

Friday, February 23, 2018

Romania is structurally farther than states in Central and Eastern Europe because in 2015 it decided to stimulate consumption, says Valentin Lazea, BNR chief economist. “The first question is whether we are structurally more similar to states in the euro area or at least to states and Central and Eastern Europe. In my opinion, the answer is: No, we are not. We are farther from them because what happened in 2014-2015, when we tended to zero with ...

Radulescu (BT): We have highest level of macroeconomic imbalance since 2012

Friday, February 23, 2018


Romania has the highest level of macroeconomic  imbalance since 2012 to the present day, because reforms are no longer made, says Andrei Radulescu, senior economist at Transilvania Bank. “This economic increase was unfortunately made on a slow dynamics of investments and with the price of intensifying deficits, domestic deficit, public finances and foreign deficit, Romania’s position versus the rest of the world. Notice the ...

Martisor fair at Bucharest’s Peasant Museum

Friday, February 23, 2018


The Romanian Peasant Museum in Bucharest will open this weekend the fair dedicated to the martisor, a special Romanian tradition marking the binging of spring, romania-insider.com informs. Martisorul is a small symbolic item that men offer to women on March 1 as a sign of love and respect. However, in some regions, women give martisoare to ...

Juncker says he’s lost track of Romanian prime ministers

Thursday, February 22, 2018


There have been so many Romanian prime ministers of late that European Commission President Jean-Claude Juncker can’t keep track of them, politico.eu reads.. “[Viorica Dancila] is the fifth Romanian prime minister I had the pleasure to host from the beginning of my mandate,” Juncker said Wednesday during a joint press conference with the newest holder of the top job in Bucharest, ...

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