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Romania not ruling out recession

Bucharest. Romania could slip into recession this year, when the economy could show a contraction of 1.0 percent to growth of 1.5 percent, Finance Minister Gheorghe Pogea said on Thursday. Romania is currently in talks with the International Monetary Fund and the European Union over a possible financial bailout.

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Romania Opens Emergency Refugee Centre

Officials from the UN’s High Commission for Refugees, UNHCR, and Romania on Thursday officially opened an emergency transit refugee centre in Timisoara, western Romania, to house refugees facing acute danger and in need of immediate evacuation. The centre, the first of its kind in the world, has been set up …

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Bulgaria Cabinet Gives Green Light to Sofia’s Waste Treatment Plant

Bulgaria’s Ministries Council granted authorization Thursday to design and build a waste treatment facility in the “Sadinata” site, near the village of Yana, in Sofia’s “Kremikovtzi” district. The “Integrated System of Facilities for Treatment of Household Waste from Sofia’s Municipality” will be built on nearly 333,000 square meters of lands …

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