The cement market in Romania will stagnate in 2009, because the lack of liquidities and difficult access to financing will have an important impact on consumption, the president of CIROM, Mihai Rohan said.Last year the overall cement production was of 10,703,000 tons, on the rise by 6.4% against 2007, according …

Sofia. Petar Zikulov was arrested by Romanian authorities three days ago on a charge of espionage in favor of a third country, but Romanian authorities have not yet announced officially the name of the third country, Foreign Ministry Spokesman Dragovest Goranov said in an interview with Nova Television. He added …

Romania is assessing its options on securing external financial support, looking at both International Monetary Fund and European help, Foreign Minister Cristian Diaconescu said on Tuesday. Skip related content Diaconescu spoke to Reuters in Berlin after Germany’s foreign minister confirmed Bucharest was in talks with the IMF to secure aid …