12.02.2014

More than 1,400 people said goodbye to President Traian Basescu at the Cotroceni Palace on Monday night, at his last December 1 (Romania’s National Day) speech in this position. more

10.09.2014

Romanian President Traian Basescu deemed Russian oil group Lukoil's pressures unacceptable and called on the government to be prepared to take over the oil refinery in Ploiesti if Lukoil doesn't more

09.03.2014

President Traian Basescu said Wednesday, after visiting the Ocean Endeavor drilling platform, that he is optimistic Romania will be able in 2019-2020 to cover the natural gas needs not only for the more

07.23.2014

Romanian President Traian Basescu is a bourse investor, holding 2,948 Romgaz (SNG.RO) shares worth 105,803 lei (EUR24,000). Another $36,000 were placed by the President in state paper. more

05.16.2014

The new-crop wheat to be harvested in mid-July will go on sale starting from an upper threshold of 850 lei (EUR192) per ton. The summer price will then go down as a result of abundant harvests in the more

03.13.2014

Romanian president Traian Basescu said Thursday he has signed into law the government emergency ordinance on green certificates, adding he expects lower electricity bills. more

03.05.2014

Romanian President Traian Basescu Wednesday said he approved the memorandum concerning a EUR4 billion loan program with the International Monetary Fund (IMF) and the European Union (EU). more

02.26.2014

Romanian President Traian Basescu on Wednesday said he will sign the country’s latest letter of intent to a EUR4 billion loan program with the International Monetary Fund and the European Union, more

02.05.2014

Turkish businesses invested $5 billion in the Romanian economy and Romania hopes the amount will double, Romanian President Traian Basescu said Wednesday in Ankara, during a press conference with more

12.17.2013

Romanian President Traian Basescu signed Tuesday the decrees accepting the resignation of Daniel Barbu from the position of minister of culture and accepting the appointment of Gigel Stirbu in his more

12.09.2013

Romanian President Traian Basescu told a news conference Monday he signed the 2014 social security budget into law. more

12.09.2013

Central bank governor Mugur Isarescu did not bring about the meeting last Tuesday between Romanian President Traian Basescu and Prime Minister Victor Ponta on the state budget and on the letter of more

12.03.2013

Romanian President Traian Basescu plans to send back to parliament the 2014 state budget bill and will propose clear alternatives to raising excise duties on fuels, so the country will be able to meet more

12.03.2013

Romania’s President Traian Basescu reconfirmed that he will not sign the country’s latest memorandum of understanding with the International Monetary Fund, Prime Minister Victor said Tuesday, more

12.03.2013

Romanian President Traian Basescu will meet a delegation headed by Prime Minister Victor Ponta later Tuesday to settle a dispute regarding the country’s latest memorandum of understanding with the more

12.02.2013

Romania’s President Traian Basescu said Monday he decided not to sign a memorandum concerning the country’s new loan agreement with the International Monetary Fund, adding that he objects to a more

10.16.2013

Romania’s Senate Wednesday rejected President Traian Basescu’s request to reexamine a bill approving a Memorandum of understanding between the state and oil company Rompetrol, signed in Bucharest more

10.16.2013

Romanian president Traian Basescu on Wednesday signed the decree appointing Andrei-Dominic Gerea as the country’s new economy minister, the president’s office said in a statement. more

10.10.2013

Romania’s President Traian Basescu Thursday signed a decree appointing deputy prime minister Daniel Chitoiu as acting Economy Minister, the Presidency said in a press release. more

09.16.2013

Romanian President Traian Basescu said Monday the Constitution does not allow the Parliament to adopt laws accommodating one certain company and urged the Cabinet to pull the bill on Rosia Montana more

09.02.2013

Romanian President Traian Basescu said Monday that although he supports mining, the government’s adoption of the bill giving the go-ahead to the gold mining project in Rosia Montana, western more

08.26.2013

Romania’s President Traian Basescu on Monday has signed the decree appointing MEP Ramona Manescu as Transport minister, according to the Presidency. more

08.01.2013

Romania’s President Traian Basescu has convened a special meeting of the country’s high defense body CSAT and the issue on the table is the privatization of state-owned freight railway carrier CFR more

07.19.2013

Romania will discuss with the International Monetary Fund setting up a government guaranteed fund to support lending to small and medium-sized enterprises (SMEs), President Traian Basescu said Friday. more

07.16.2013

Romanian President Traian Basescu has called for the reexamination of a government emergency ordinance amending public procurement laws, citing the need for systematic legislation in the field. more