Romania News

Romania FinMin ‘convinced’ IMF will OK deficit hike

Romania’s Finance Minister Gheorghe Pogea said on Wednesday he was “convinced” that the International Monetary Fund will allow the country to run a bigger budget deficit this year under the terms of an aid deal, as the economy could contract by up to 8.5 percent. Representatives of the IMF are …

Read More »

Romanian Minister’s Corruption Probe Starts

The parliamentary committee investigating Romanian Tourism Minister Elena Udrea decided in its first meeting on Tuesday to question journalists who wrote about her allegedly illegal use of public funds. Chair Ludovic Orban said the committee had yet to decide whether the minister would be invited to attend its next meeting, …

Read More »

Weakened Communists still dominant Moldova force

A parliamentary election in Moldova has boosted the fortunes of the liberal opposition but the Communists will likely continue as the country’s dominant political force – without outgoing President Vladimir Voronin. With loans from China and Russia hanging in the balance, the question was who would be able to sort …

Read More »

Romania’s President Hails Moldovan “Opposition Victory”

Romanian President Traian Basescu said Thursday that “opposition and democratic forces” had won the snap parliamentary elections in neighbouring Moldova. Bucharest was waiting expectantly on the results of Wednesday’s Moldovan election, which could help determine whether the former-Soviet republic remains in Russia’s orbit.

Read More »

Romanian President lauds “strategic” relations with Kuwait

Romanian President Traian Basescu hailed on Wednesday as “stable and strategic” the friendly relations between his country and Kuwait. During his meeting with Kuwaiti Ambassador to Romania Yaqoub Al-Ateeqi – on the occasion of the end of his term in office in Bucharest – Basescu stressed that the bilateral ties …

Read More »

Romania Awaits Moldovan Poll Result

Bucharest is waiting expectantly for the results of today’s Moldovan elections, which could help determine whether the former-Soviet republic remains in Russia’s orbit. Around 2.6 million Moldovans began voting early on Wednesday in snap parliamentary elections Polls suggested the ruling Communist Party was leading with around 31 percent, but analysts …

Read More »

Romanian MPs agree an Inquiry Committee to probe into Tourism Minister

BUCHAREST Romania’s Chamber of Deputies approved with 103 votes in favor, none against and no abstention, the setting up of a committee to investigate how tourism minister Elena Udrea spent public money, the Romanian Mediafax informs. The committee will be made up of deputies of the Social Democratic Party (PSD), …

Read More »

Romanian parliament strips Ridzi of immunity

BUCHAREST, Romania Parliament decided late on Monday (July 27th) to strip former Youth and Sports Minister Monica Iacob Ridzi of her immunity from prosecution. The vote by the Chamber of Deputies clears the way for the launch of a criminal investigation against Ridzi, who is suspected of embezzling public funds. …

Read More »