01.16.2018

Romanian Prime Minister Mihai Tudose said Monday evening he was stepping down after losing political support of the ruling Social Democratic Party. more

12.13.2017

Communications minister Lucian Sova on Wednesday rejected Fondul Proprietatea's proposition to declare state-owned postal operator Posta Romana insolvent, saying the company would benefit from a more

09.19.2017

Romania's finance minister Ionuţ Misa said Tuesday the government plans to “freeze” gross wages temporarily, while it transfers payments due on social security from employers to employees. more

08.30.2017

Excise duties on gasoline and diesel gas will be raised by RON0.16 per liter each, in two stages, as of September 15 and October 1, Romania’s Finance Minister Ionut Misa said Wednesday, at the more

08.30.2017

Adrian Vasilescu, adviser to Romania’s central bank governor, said on Wednesday that Prime Minister Mihai Tudose’s statement on banks was inappropriate and came from someone that has nothing to do more

06.26.2017

Romanian President Klaus Iohannis on Monday designated social democrat Mihai Tudose for prime minister, as proposed by the ruling coalition. more

04.25.2017

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03.31.2017

Agriculture Minister Petre Daea said that the European Commission started to understand Romania’s position towards the law on the sale of 51% Romanian products in hypermarkets, adding that, in his more

12.28.2016

Former telecommunication minister Sorin Grindeanu has been nominated for prime minister by the Social Democratic Party and its ally ALDE, after the head of state refused to appoint their first choice more

12.27.2016

Romanian President Klaus Iohannis announced Tuesday he declines to appoint Sevil Shhaideh as prime minister, as proposed by the Social Democratic Party, which gained a comfortable majority in more

08.12.2016

Romania ranks first among the 28 European Union member states in terms of economic growth in the second quarter of 2016, followed by Slovakia, with a GDP growth of 3.7% and Spain with 3.2%, and the more

03.09.2016

Romanian authorities expect a growth in investment rate by the end of 2017, after a 7.5% increase last year, as it is one of the highest in the European Union, at 24.9% of GDP, Finance Minister Anca more

02.22.2016

The main vulnerability of state-run energy companies is related to their corporate governance, the way they are managed, with zones where the deficiencies are obvious, Energy Minister Victor more

02.04.2016

Romania’s gross domestic product (GDP) grew 10% due to the absorption of funds put at the country’s disposal by the European Commission between 2009 and 2015, according to an analysis cited by EU more

12.28.2015

Energy Minister Victor Grigorescu, who is paying a working visit to state-run energy holding Complexul Energetic Hunedoara on Monday, said the company’s situation is “disastrous” and asked the more

12.10.2015

Romania’s European Funds absorption rate for the 2007 – 2013 program currently stands at 60%, EU Funds Minister Aura Raducu said Thursday, adding she is hoping the rate will reach 70%. more

11.16.2015

The government will keep all the measures in the Tax Code as well as the recent wage hikes while the 2016 budget will stipulate a budget deficit below 3% of the GDP, Finance Minister-designate Anca more

11.10.2015

Romania’s Prime Minister-designate Dacian Ciolos on Tuesday said he plans to build a bridge between the government administration and the civil society and to work closely with the political groups more

11.10.2015

Romanian President Klaus Iohannis on Tuesday nominated former EU Commissioner Dacian Ciolos for prime minister, after Victor Ponta stepped down last week amid ample street protests. more

11.05.2015

Romanian President Klaus Iohannis on Thursday appointed education minister Sorin Cimpeanu as interim prime minister, after Victor Ponta resigned Wednesday amid ample street protests. more

08.25.2015

Romanian Agriculture Minister Daniel Constantin said Tuesday, at the meeting of the agriculture commission in the Chamber of Deputies, that the maize, sunflower and soy crops were the most affected by more

07.31.2015

The impact of the VAT cut to 9% on food items as of June 1 was a positive one, bringing RON400 million to the state budget, although the government estimated a negative impact of RON500 million after more

07.16.2015

Romanian president Klaus Iohannis signed a decree Thursday appointing Iulian Matache to the position of transport minister. more

07.07.2015

Finance Minister Eugen Teodorovici said Tuesday that the Romanian government plans to keep the budget deficit at around 1.2% of the GDP in 2016, as agreed with the international financial more

06.22.2015

Romanian Prime Minister Victor Ponta has sent President Klaus Iohannis a proposition to appoint social democrat senator Mihai Fifor for transport minister, to replace Ioan Rus, who resigned on June more