22 apr 2013

Transport Minister Relu Fenechiu nonchalantly said in an interview Sunday he has not traveled by train in three or four years, not even after he became Minister four months ago. But how can one be a more

2 apr 2013

In the 100 days in office of the Government led by prime minister Victor Ponta, he presided over 13 government meetings, took five trips abroad, had seven meetings with officials (of the IMF, foreign more

25 mar 2013

For the first time, a high official of Romania’s ruling coalition admits that businesspeople have every reason to be dissatisfied because the new government has not taken any concrete measures to more

6 mar 2013

Three months from the victory in the legislative elections on December 9 and ten months after USL effectively took power following the ousting of the former Government through a censure motion, more

19 feb 2013

Romania’s urbanization increased by merely 0.6% in 1990-2011, from 54.3% on July 1, 1990 to 54.9% on July 1, 2011. more

24 ian 2013

The revised fiscal-budgetary strategy for 2013-2015 can be considered a new governing program of the Ponta 2 Government and one closer to reality. Future policies will most likely be built around more

5 dec 2012

Romania will end its most hectic government period with the elections on Sunday: four governments, three prime ministers and 79 ministers ruled over the last four years. more

18 oct 2012

The main leaders of the European Union, with German chancellor Angela Merkel and president of the European Commission Manuel Durao Barroso as leading figures, were in Bucharest for a few hours on more

17 iul 2012

The exchange rate could return below RON4.5 to the euro after the “calming and the clarifications on the political scene,” and the economy could return to growth in the second quarter. As far as more

10 iul 2012

While USL fights to suspend president Traian Basescu, the leu’s fast depreciation continues, absorption of EU funds is catastrophic and foreign investors are becoming nervous. more

9 iul 2012

As politicians continue their battle that culminated on Friday night with the suspension of Traian Basescu as president of Romania, sending him to face a popular vote on whether to keep him in office more

21 mai 2012

Two weeks after the new Government took office, one quarter of the jobs of state secretaries with in the ministries are still not filled. The sharing out of jobs from state secretaries downwards, a more

24 apr 2012

From next to zero ten years ago, the debt of the public administration has reached 13.7 billion lei (EUR3 billion), practically doubling in 3-4 years’ time. This deepens the public debt, which more

23 apr 2012

The annual spending of the local administration amounts to EUR10 billion, which means EUR40 billion in the four-years term in office of the administration - this is the huge stake of the June 10 local more

13 apr 2012

The Finance Ministry will request the government to allocate 2.4 billion lei (EUR550 million) for loans to the EU fund management authorities in the second quarter, after such loans from the Treasury more

11 apr 2012

Ten billion euros spent yearly on public procurement contracts awarded through the Electronic Public Procurement System (SEAP) alone, over 80,000 procedures of awarding contracts through this more

6 apr 2012

In order to attract EUR3.5 billion targeted from the EU this year, Romania should have absorbed EUR875 million in 1Q, but it only managed to draw in EUR194 million. more

5 apr 2012

Romania risks privatizing companies for nothing if the money goes to wage and pension payments. The government has to come up with real projects for spending the almost EUR240 million to be collected more

26 mar 2012

Bucharest's general council has approved the city's budget more than a month and a half after the legal deadline, an extremely optimistic budget even for this election year, with revenues expected to more

14 mar 2012

Businesspeople, who should be the direct beneficiaries of the public sector wage increase, are not convinced this will boost consumption, as the government expects. This is because part of the more

6 mar 2012

The Bucharest City Hall has to find solutions for drastic budget cuts of 1 billion lei (EUR230 million) this year, as revenues are dwindling and the institution has already run out of the cash more

24 feb 2012

After four years and a half spent in Bucharest as the leading diplomatic representative of France, Ambassador Henri Paul, currently at the end of his term, will return to Paris to the French Court of more

22 feb 2012

Put in charge of the newly-created Ministry of European Affairs with the declared purpose of attracting more European money, five months on Leondard Orban stresses the limits of his mandate: “I am more

14 feb 2012

Not one euro refunded by the EU from the structural and cohesion funds. This is what the first month of the year looked like, a year in which the Romanian authorities plan to attract EUR6 billion – more

9 feb 2012

The change of the government in full blizzard, during a high alert situation, shows how distant the government is from day-to-day realities. This chaos led to a train being stuck for more than two more