Romania

Romania Minister Sounds Alarm on Moldova

Romanian Foreign Minister, Cristian Diaconescu, on Friday said he is “concerned and worried” due to the situation of Romanian nationals, who are “systematically” denied access to neighboring Moldova. “I have requested an explanation from the Moldovan Foreign Ministry regarding the reasons why Romanian nationals are systematically denied access to Moldova. …

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Elevators stopped to save cash

BUCHAREST (Romania) – TWO government offices in Romania have come up with a novel way to cut expenses during the economic downturn: Turn off the elevator for most of the day. Cristian Roman, the government representative in the northern county of Botosani, has decreed that elevators at the prefect’s and …

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Romanian Railway Workers Protest

Around 1,000 employees of Romania’s state-run railway company, CFR, have started a protest in Bucharest’s main railway station following government plans to scrap around 12,000 jobs this year. “Until now, our negotiations with the government have failed, but we still hope a solution will be found in order to save …

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Romania Gets €20 Billion Rescue Loan

Romania has reached an agreement with major international lenders for a €20 billion loan designed to finance the country’ sbudget and current- account deficits. According to the agreement, the International Monetary Fund is to lend €12.95 billion, the European Union – €5 billion while the rest will come from the …

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Romania’s president appeals for int’l policy on fighting criminality

BUCHAREST – Romanian President Traian Basescu on Tuesday urged that international legislation be passed to curb criminality worldwide as criminals become more clever in breaking the law at home and abroad. The adoption of a policy of fighting criminality at the international level is necessary, considering that criminal organizations have …

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Romania expected to OK IMF-led loan request on Wed

BUCHAREST – Romania’s center-left government will likely approve on Wednesday an official letter requesting a loan package led by the International Monetary Fund, Prime Minister Emil Boc said on Monday. Romania approached Brussels and the IMF for support earlier this month, becoming the third European Union member after Hungary and …

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Decriminalising Incest Sparks Romania Row

A proposal not to prosecute consenting adults for incest has sparked controversy in Romania, with the Orthodox Church leading public opposition to the move. The Romanian Justice Ministry is considering a change in the law, so that parents, grandparents, brothers and sisters can be exempt from prosecution for incest as …

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Crin Antonescu elected new leader of Romania’s PNL

BUCHAREST, Romania — Former Prime Minister Calin Popescu Tariceanu lost the leadership of the National Liberal Party (PNL) at an extraordinary party congress held on Friday (March 20th). PNL deputy leader Crin Antonescu was elected as new leader and will be designated PNL’s candidate in the presidential elections later this …

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Austrian banks with branches in Romania are stable: Traian Basescu

Vienna. Austrian banks with branches in Romania are stable, said Romanian President Traian Basescu during his visit to Austria. He added that Austria had invested more than EUR 12 billion in Romania. Austrian President Heinz Fischer said the bilateral relations were excellent and his country was well presented in Romania …

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