10.04.2011

The institution in charge of foreign investment has had only politically-appointed managers over the last three years, unheard of not only by the business sector but also by Google. more

09.26.2011

Romania's Foreign Ministry as of Monday has a Consular Crisis Center, a structure designed to help Romanians in danger while abroad through a Rapid Reaction Unit, that will provide temporary more

09.22.2011

On a market where loans in foreign currency account for two thirds of overall household lending, the National Bank of Romania (BNR) wants to discourage foreign currency loans, especially mortgage more

08.24.2011

Siveco, the largest software company in Romania, with a turnover of EUR60 million in 2010, intends to increase exports, so that half of its sales to be made abroad in a few years’ time. more

08.09.2011

Romania’s trade deficit narrowed to EUR4.54 billion in the first six months of 2011, from EUR4.88 billion in the same period a year ago, the country’s statistics institute INS said Tuesday. more

07.28.2011

Romania and North Korea will have a bilateral legal framework, made up of part of the 150 agreements signed by the two states between 1956 and 1989, according to a bill up for public debate. more

07.26.2011

Romania offers good business opportunities and its flat tax rate makes it an attractive destination for investors, the Foreign Investors Council said Tuesday. more

07.10.2011

Romania welcomes the Republic of South Sudan's declaration of independence and recognizes the state as sovereign and independent, says a press release by the Ministry of Foreign Affairs. more

06.29.2011

The bill on postal voting for Romanians abroad, drawn up by the Foreign Affairs Ministry, has been sent to the Government for approval, ministry director of communications Doris Mircea said Wednesday. more

06.22.2011

The short-term foreign debt (the amounts borrowed from abroad by the state, banks and private companies that need to be paid back over the next 12 months), which was the main vulnerability that sent more

06.07.2011

Romania and the United States initialed Monday in Washington the agreement regarding the country's participation in the U.S. antimissile defense system, the Foreign Affairs Ministry said in a press more

05.19.2011

Banks continued to borrow from abroad in the first quarter, as the savings capacity of local companies and households is diminishing, but the trend is to switch from shorter maturities to longer ones. more

05.02.2011

Romanian foreign exchange reserves fell to EUR32.07 billion in April from EUR32.77 billion a month earlier, central bank data showed Monday. more

04.28.2011

The Romanian Foreign Affairs Ministry received a bill for over 1 million lei (about EUR245,000) from state-owned airline Tarom for the flight evacuating Romanian citizens from Japan in March, ministry more

03.21.2011

The Romanian renewable energy segment should draw investment of at least EUR5 billion in the next period, according to the Foreign Investors Council, or FIC. more

03.14.2011

Romania’s trade deficit narrowed to EUR186.2 million in January, from nearly EUR473 million in the year-earlier month, the country’s statistics institute INS said Monday. more

02.09.2011

Romania’s trade deficit narrowed to EUR9.46 billion in 2010, from EUR9.86 billion a year earlier, the country’s statistics institute INS said Wednesday. more

02.09.2010

Romania’s trade deficit narrowed to EUR9.74 billion in 2009, from EUR23.51 billion a year earlier, with imports falling more rapidly than the exports, the National Statistics Institute said Tuesday. more

02.09.2009

Romania’s trade deficit was up 3.4% in 2008 to EUR22.5 billion, from EUR21.7 billion in 2007, but exports grew at a higher pace than imports, the National Statistics Institute reported Monday. more