8 feb 2012

Less than a year ago, in May 2011, when he was asked on TV if he would accept the job of prime minister, the head of Romania’s Foreign Intelligence Service (SIE), Mihai Razvan-Ungureanu, gave a more

7 feb 2012

Prime Minister Emil Boc on Monday handed in his resignation under pressure from the party. The designated prime minister is Mihai Razvan Ungureanu, head of the Foreign Intelligence Service. more

7 feb 2012

A technocratic Government raises the major issue of the lack of political support in the long term because such a Government is ultimately endorsed by political parties working as ruling coalitions, more

3 feb 2012

Has accession to the European Union brought Romania any palpable advantage? If the question seems nonsensical, let me rephrase it: has Romania in the five years since it joined the EU received more more

31 ian 2012

The Government is caught in the middle of electoral pressure, street protests and forecasts of an economic growth slowdown. Monday morning, with the International Monetary Fund breathing down its more

30 ian 2012

President Traian Basescu announced last night, before leaving for the European Union summit, whose main agenda is to reach agreement on deficit rules in the European Union, that Bucharest will accept more

20 ian 2012

Several thousand people rallied by an Opposition demonstration Thursday brought reinforcements to the University Square protest in Bucharest. more

12 ian 2012

EU reimbursements – the amounts disbursed by the EU for works already delivered – which is what really counts when we are talking about EU fund absorption and represent in fact the absorption more

30 dec 2011

The sovereign debt crisis that threatens to choke the euro zone and the entire European Union with it, calls for steps throughout the entire Europe to contain it by cutting government spending. In more

15 dec 2011

The European Commission will announce Thursday it unfreezes EU funds through the Regional Operational Program (POR), and the procedure of refunding eligible costs for the other programs will be more

28 nov 2011

The Fiscal Council confirms what Ziarul Financiar said when it raised the issue of the increase in spending on special pensions as a result of the pension reform more

2 nov 2011

The housing and population census is over but the controversies are just beginning. Poorly organized, it only goes to show the confusions created by state institutions. Incompetence on the part of the more

26 oct 2011

Romania has entered a really tough month. The government in Bucharest is faced with five major challenges amid the international turmoil. With a mission of the International Monetary Fund on site, a more

24 oct 2011

More than 2.2 million homes and over 5.5 million people were surveyed in the first three days of the census (October 20 through October 22), the National Statistics Institute announced Sunday evening. more

27 sep 2011

The first discussions on the draft budget for 2012 bring about the first scenarios. The Government is due to send the draft budget for 2012 to Parliament by October 15th, at a time when economic more

26 sep 2011

The new European fund czar Leonard Orban, who was Romania’s first commissioner to Brussels for three years and a half, makes a huge bet a little while after taking his position as minister of more

23 sep 2011

The persistence of the crisis for several years is not an impossible scenario and it could force the Romanian government to discuss the budget deficit level again and even try to bring it down as more

31 aug 2011

Bucharest's General Council on Wednesday is discussing borrowing EUR800 million to be used to restructure debt and for future projects. If the councilors approve the project, and the Finance Ministry more

11 aug 2011

The much-talked about pension reform is adding EUR1 billion to the pension fund gap. While last year, during discussions about the new pension law, officials maintained reform would mean adding more

9 aug 2011

After several days of downtime, shying away from publicly sketching scenarios meant to counter the new crisis' prospective contagion effects on the economy, political and government decision makers more

8 aug 2011

Most analysts, bankers, managers and businesspeople contacted by Ziarul Financiar over the past two days say that the EU is the most seriously affected by the new crisis wave and the impact on Romania more

5 aug 2011

Health minister Attila Cseke (the 14th minister in the last 20 years) on Thursday handed in his resignation, unhappy with the money he was allotted at the budget revision. Out of the EUR1 billion he more

21 iul 2011

President Traian Basescu has requested that the government stop sending the bills for the reimbursement of eligible expenses for European Union-funded projects to Brussels. This means that the EUR5 more

15 iul 2011

Romania has paid more than EUR4 billion as a mandatory contribution to the European Union budget, since the country's integration in 2007, but took back only EUR600 million. more

29 iun 2011

Public investments have been dwindling for two and a half years, from the peak reached in 2008, 26.7 billion lei (EUR6.33 billion), with declines continuing into the first five months of this year, more