Romania

The cash-strapped country has postponed the sale of the plastics manufacturer Oltchim.Romania on Monday again extended the deadline for receiving preliminary bids in the sale of its 55-per-cent stake in cthe hemical producer Oltchim Ramnicu Valcea to September 21. The economy ministry pushed back the deadline, responding to the fears …

Authorities in Romania plan to reward snitches in order to reduce the high level of tax evasion, one of the owrst in Europe.The tax authority in cash-strapped Romania is planning to offer financial rewards to people who denounce individuals or companies for tax evasion, officials have announced. “The idea is …

President Barroso met today with President Băsescu to discuss the institutional and political developments in Romania and the current issues of the European agenda. President Barroso expressed his concerns about recent political events in Romania and the image that this has created with European Union partners. He made it clear …

European Commission President Jose Manuel Barroso expressed EU concerns Friday over political developments in Romania, insisting there can be no compromise on respect for the rule of law. Barroso “made it clear” to Romanian President Traian Basescu that the EU “will not compromise on the need for all member states …

Two French ministers are meeting the Romanian government to discuss ways to improve the living conditions of the Roma people in Romania.The French Interior Minister, Manuel Valls, and France’s Europe minister, Bernard Cazeneuve, are due to hold talks with the Romanian President, Romanian Prime Minister and other officials in the …

A French minister is flying to Romania to try and get Bucharest to address the problem of Romanian Roma now living illegally in France.The French Interior Minister, Manuel Valls, and the Minister for European Affairs, Bernard Cazeneuve, are to come to Romania on Wednesday to discuss the sensitive situation of …

Former ruling Democrat Liberal Party, PDL, has formed a new alliance of conservative parties ahead of December’s general elections – bu they have yet to come up with a name.“We are proposing a political platform based on centre-right values with the main aim of winning the next parliamentary elections,” Vasile …

Traian Basescu is to resume his duties after parliament on Monday accepted a court ruling, which deemed the result of a July referendum on his impeachment invalid.Romania’s parliament on Monday said that it recognized the ruling of the Constitutional Court, which last week said the July 29 referendum result concerning …

While Victor Ponta’s coalition is still expected to win the next general election, the failed attempt to impeach the President has reduced its popularity, according to a new poll.Romania’s centre-left government is expected to win around 54 per cent of the vote in a general election, down from its earlier …

Romania’s suspended President Traian Basescu is set to return to office within days after judges ruled an impeachment vote against him was invalid. The decision by the Constitutional Court still needs rubber-stamping by parliament on Friday. The court ruled against the referendum because turnout fell below the required 50 percent.