04.11.2013

Romanian Prime Minister Victor Ponta told members of the High Council of Magistrates Thursday he will be nominating Robert Cazanciuc for justice minister. more

04.03.2013

Romanian Prime Minister Victor Ponta on Wednesday said the privatization announcement for state-owned freight railway carrier CFR Marfa will be published Friday, April 5. more

04.03.2013

Romanian Prime Minister Victor Ponta on Wednesday nominated Laura Codruta Kovesi for head of the National Anticorruption Department and Tiberiu Nitu for prosecutor general. more

04.02.2013

Romanian Prime Minister Victor Ponta, who is also acting justice minister, said Tuesday the country’s new prosecutor general and chief anticorruption prosecutor will be selected by the future more

04.02.2013

Romanian Prime Minister Victor Ponta, who is also acting justice minister, said Tuesday he will be nominating former prosecutor general Laura Codruta Kovesi as head of the National Anticorruption more

03.29.2013

Romanian Premier Victor Ponta said Friday the only solution left for insolvent chemical producer Oltchim Ramnicu Valcea (OLT.RO) is the company’s restructuring and further layoffs as the European more

03.28.2013

President Traian Basescu on Thursday signed the decrees releasing Mona Pivniceru from the duties as justice minister and appointing Prime Minister Victor Ponta interim justice minister. more

03.27.2013

Mona Pivniceru has resigned from the position of Justice minister after she was appointed judge at the Constitutional Court Tuesday, Prime Minister Victor Ponta said Wednesday. more

03.25.2013

Reducing the value added tax on bread from 24% to 9% requires provisions of 120 million lei (EUR27.2 million) for the second half of the year, Romanian Prime Minister Victor Ponta said Monday. more

03.23.2013

Romanian Prime Minister Victor Ponta said one of Germany’s largest carmakers will open a plant in Romania. more

03.19.2013

Prime Minister Victor Ponta said the year 2015 is no longer a credible target for Romania’s joining the eurozone, adding the country's euro adoption process might be finalized sometime near the year more

02.19.2013

Romania’s state-owned chemical plant Oltchim Ramnicu-Valcea (OLT.RO) will not be able to keep all its employees after restructuring and staff cuts will also be operated within railway freight more

02.13.2013

The Romanian authorities and oil group Rompetrol continue negotiations over the latter’s outstanding debt to the state with a view to settle the matter before the parties make a new appearance in more

02.13.2013

Romania’s Finance Ministry will tap the US debt market in a bid to raise between $500 million and $1.5 billion. more

01.30.2013

European Commission President Jose Manuel Barroso and Romanian Prime Minister Victor Ponta will meet in Brussels next week for talks on several issues including the CE’s report on the country’s more

01.28.2013

Romania might apply starting July 1 a pilot-project to cut VAT on bread from 24% to 9% if budget revenues increase so as to be able to cover a 200 million lei (EUR45.6 million) deficit the measure more

01.28.2013

Mircea Pop has resigned from the position of general manager of Romania’s national roads authority CNADNR, Prime Minister Victor Ponta said Monday. more

01.28.2013

The International Monetary Fund has agreed in principle to a two-month extension of Romania’s EUR3.6 billion precautionary loan agreement due for completion in late April, Romanian Prime Minister more

01.25.2013

Romanian authorities asked the International Monetary Fund for an extension of the country’s EUR3.6 billion loan arrangement that will expire in April, to get more time to fulfill its commitments. more

01.23.2013

Romanian Prime Minister Victor Ponta said he talked to President Traian Basescu about moving the country’s 2014 presidential election up to May or June, at the same time as elections for the more

01.14.2013

Romanian Prime Minister Victor Ponta Monday said his country has fulfilled all fiscal terms under a EUR3.6 billion loan agreement with the International Monetary Fund due for completion this quarter, more

01.14.2013

Romania’s Government wants to apply a pilot-project to lower VAT on bread from 24% to 9% in 2013, Prime Minister Victor Ponta said Monday. more

01.09.2013

The Romanian Government Wednesday approved the ordinance stating local authorities may decide whether or not to increase local taxes in 2013. more

01.04.2013

Romania’s Parliament will convene an extraordinary session on January 21 to approve the draft state budget for 2013 and other bills that must be adopted with urgency, Prime Minister Victor Ponta more

01.04.2013

Romania’s national statistics institute INS considerably revised data on 2011 gross domestic product, affecting estimations for the GDP in 2012 and 2013 and other major indicators linked to it, more