President Basescu: All the opposition parties agree that Constitution needs to be revised (18-03-2010)

All the opposition parties agree that the Constitution needs to be revised, President Traian Basescu said on Tuesday evening after consultations with the opposition parties Full story

Simple motions initiated by PSD+PC and PNL to be debated on Monday and Tuesday (18-03-2010)

The simple motion initiated by the Alliance of the Social Democratic Party (PSD) and the Conservative Party (PC) referring to the activity carried out by Minister Full story


Romanian Mayor Sentenced To Two And A Half Years In Prison For Corruption (18-03-2010)

Liberal Cristian Anghel, mayor of the northern Romanian city of Baia Mare, was sentenced Wednesday to two and a half years in prison for corruption, Cluj Full story

ForMin Teodor Baconschi starts an official visit to Azerbaijan (18-03-2010)

Romanian Foreign Minister, Teodor Baconschi, is paying an official visit to the Republic of Azerbaijan, over March 17-18, at the invitation of his Azeri counterpart Elmar Full story


Romanian Military Personnel In Combat To Be Insured For EUR80,000 (18-03-2010)

Employees of the Romanian Defense Ministry who will see combat action are to be insured for EUR80,000, according to a ministry announcement regarding an auction to Full story

Romanian Leu Exchange Rate Hits 6-Weeks High At RON4.0821 Vs Euro (18-03-2010)

The Romanian leu edged higher against the euro in mid-trade Wednesday, mirroring the currencies in the region, and the central bank’s reference gained 0.2% on the Full story

Euro trades at 4.08 lei on March 18 (18-03-2010)

The exchange rate of the national leu (RON) currency resulting from the quotations announced on Wednesday by the banks authorized to operate on the currency market Full story

Romanian Companies Undergoing Insolvency Have Cumulated Debts Of EUR2.5B (18-03-2010)

Romania’s 32,00 companies that started insolvency procedures last year have cumulated debts of EUR2.5 billion, of which only about 10% was recovered last year, said Wednesday Full story

Chamber of Deputies approved the government's project offering Ford state guarantees (18-03-2010)

Romania's Chamber of Deputies approved on Wednesday, with 256 votes for, none against and three abstains the draft law ruling that Ford will receive state guarantees, Full story

Eurostat: Romania 4Q/09 Labor Costs Up 5.9% On Year (18-03-2010)

Total hourly labor costs in the Romanian economy rose 5.2% on the year in the fourth quarter of 2009, the fifth-biggest annual growth in the European Full story

Eurostat: Romania ranks 4th in EU in terms of construction works, in January (18-03-2010)

The volume of construction works dropped by 2 percent in the European Union, in January 2010, and by 2.2 percent in the euro area, compared to Full story

Romanian PM Reiterates Measures To Uphold Business Environment, No New Elements (17-03-2010)

Romanian Prime Minister Emil Boc Tuesday presented once again, during a meeting held in Parliament, the measures to uphold the business environment in 2010, that were Full story

Romanian Social Democrats Submit Motion Against Labor Minister (17-03-2010)

The Romanian Social Democratic Party (PSD) submitted Tuesday with the Chamber of Deputies a simple motion against Labor Minister Mihai Seitan, said social democrat deputy Valeriu Full story

Senate: Green light for commission of inquiry into activity of Ministry of Transports (17-03-2010)

The standing bureau of the Senate on Tuesday approved the setting up of a commission of inquiry into the activity carried out by the Ministry of Full story

Intelligence Service chief Maior: Romania is a topic worth getting to know (17-03-2010)

Romania's geographical location and the enhanced value of such location amid the current competition for power resources makes Romania a topic worth getting to know, the Full story

Venice Commission suggests dissolving Moldavian Parliament and anticipated elections (17-03-2010)

The Commission in Venice claims that the anticipated parliamentary elections cannot be avoided in the Republic of Moldova and that the Parliament needs to be dissolved Full story

Euro trades at 4.09 lei on March 17 (17-03-2010)

The exchange rate of the national leu (RON) currency resulting from the quotations announced on Tuesday by the banks authorized to operate on the currency market Full story

BET-FI index jumps 3% (17-03-2010)

Investors at the Bucharest Stock Exchange continued to push stock prices higher Tuesday, especially financial investment companies (BSE:SIF) that jumped 3.32% as the market closed 0.53% Full story

Trade Register: 4,100 Romanian Cos Entered Insolvency In 2010 (17-03-2010)

The number of companies that started insolvency procedures in the first to months of 2010 exceeded 4,100, 35% more than in the same period a year Full story

Cosa Nostra member arrested in Romania (17-03-2010)

Bucharest Court of Appeal issued on Tuesday a European arrest warrant for 29 days for Giuseppe Scuderi, a member of the Mafioso organization Cosa Nostra, wanted Full story