03.01.2012

Romania plans to tap international debt markets again in the second half of 2012, following two successful US dollar bond issues launched earlier this year, Finance Minister Bogdan Dragoi said more

02.28.2012

Romanian lawmakers on Tuesday voted 238 to one to appoint senator Teodor Melescanu, a liberal, to the position of head of the country’s Foreign Intelligence Service. more

02.28.2012

Senator Teodor Melescanu was unanimously endorsed Tuesday by members of the Romanian Parliament’s committees for defense and for the control of the Foreign Intelligence Service’s activity to be more

02.09.2012

Romania’s trade deficit widened slightly to EUR9.72 billion in 2011, from EUR9.53 billion a year earlier, the country’s statistics institute INS said Thursday. more

01.27.2012

The debt crisis has turned into the most serious crisis of confidence in the European Union's history. Citizens and investors are asking themselves: is Europe doing enough to prevent the crisis from more

01.24.2012

Romanian President Traian Basescu on Tuesday signed the decrees dismissing Teodor Baconschi from the position of Foreign Affairs minister and appointing Cristian Diaconescu in his place. more

01.24.2012

Romanian Prime Minister Emil Boc on Tuesday proposed senator Cristian Diaconescu for the position of Foreign Affairs minister, to replace Teodor Baconschi, who was dismissed Monday. more

01.23.2012

Romanian Foreign Affairs Minister Teodor Baconschi was dismissed Monday because of comments toward anti-government protesters that have been demonstrating in Bucharest over the past ten days, Prime more

12.31.2011

Romania’s exports continued to increase in 2011, driven by foreign demand, though they slowed down in the second half, given the turmoil caused the sovereign debt crisis in the euro zone countries, more

12.27.2011

Foreign realty investors contributed EUR120 million, in the first nine months of the year, to the share capitals of companies they own in Romania, compared to EUR395 million in the same interval of more

12.14.2011

Romanian foreign direct investments, or FDI, amounted to just EUR133 million in October, while the EUR1.3 billion recorded in the first ten months covered only 32% of the current account deficit. more

12.13.2011

The Romanian Parliament on Tuesday adopted with 170 to 82 votes the Foreign Affairs Ministry’s 2012 budget, in the format proposed by the Government. more

12.11.2011

Foreign banks will not exit the Romanian market no matter how big problems in the euro zone are, Raiffeisen Bank president Steven van Groeningen said in an interview broadcast Sunday on private more

12.09.2011

Romanian authorities have no information showing Romania hosted CIA secret detention centers on its territory, Foreign Affairs Ministry spokesperson Doris Mircea told a news conference Friday. more

12.05.2011

The Romanian Parliament’s committees for foreign affairs on Monday approved with nine to eight votes the Foreign Affairs Ministry’s draft budget for next year. more

11.09.2011

Romania’s trade deficit narrowed slightly to EUR6.89 billion in the first nine months of 2011, from EUR6.98 billion in the same period a year ago, the country’s statistics institute INS said more

11.01.2011

Romania abstained from voting Monday on Palestinians’ request to join the United Nations Educational, Scientific and Cultural Organization (UNESCO), the Romanian Foreign Affairs Ministry said more

10.28.2011

Romanian central bank’s new lending regulations don’t include restrictions for mortgage loans in foreign currency, governor Mugur Isarescu said Friday. more

10.27.2011

Romanian mortgage market relies heavily on the foreign lending and killing the foreign loans altogether would be a “grave error,” central bank governor Mugur Isarescu said Thursday. more

10.20.2011

The participants to the second day of the ZF Digital ‘11 forum agreed that the new challenge for the development of Romanian IT&C companies is expansion on international markets. eMag announced a more

10.11.2011

Romania should no longer count on foreign investors coming here attracted by the low labor costs because there will always be a country in the world with lower production costs, believes Roland more

10.05.2011

Romanian central bank’s (BNR) new lending regulations are bound to be more effective than the previous measures aimed to limit foreign currency loans, because now they are part of a larger, European more

10.04.2011

The institution in charge of foreign investment has had only politically-appointed managers over the last three years, unheard of not only by the business sector but also by Google. more

09.26.2011

Romania's Foreign Ministry as of Monday has a Consular Crisis Center, a structure designed to help Romanians in danger while abroad through a Rapid Reaction Unit, that will provide temporary more

09.22.2011

On a market where loans in foreign currency account for two thirds of overall household lending, the National Bank of Romania (BNR) wants to discourage foreign currency loans, especially mortgage more