01.30.2013

Romania’s new Government has pledged to tackle corruption, while three of the new ministers were under criminal investigation for corruption, reads the European Commission’s latest report on the more

01.30.2013

The Romanian Parliament appointed a new Ombudsman in January 2013 with the full support of the ruling coalition, but without that of the opposition, and will have to prove in his actions that “he more

01.30.2013

The European Commission said in its justice report on Romania released Wednesday that while the country has made progress, further steps are needed to ensure and protect the rule of law. more

11.27.2012

Romania has climbed 18 spots and is placed 136th in a world ranking regarding the number of taxes companies must pay in a year, according to a PricewaterhouseCoopers (PwC) survey. more

11.12.2012

Total rentals on the Romanian industrial market reached 75.000 square meters in the first nine months of 2012, down about 40% on the year, real estate consulting firm Jones Lang LaSalle (JLL) said in more

11.12.2012

Developers completed in Bucharest office projects totaling 44,000 square meters in the first nine months of 2012, down 14.4% on the year, while rentals fell 21% to 140,000 square meters, according to more

11.01.2012

Romania’s Competition Council said in a report Thursday that promoting foods made in Romania could be unfair toward food producers in other European Union countries. more

10.18.2012

Household wealth in Romania decreased 36% between July 2011 and June 2012, mainly due to the economic problems triggered by the euro zone crisis, according to Credit Suisse’s 2012 Global Wealth more

09.05.2012

The capacity of the operational wind farms in Romania might double by the end of 2014, from the current 1,390 MW, which cost about EUR2 billion. Although this is a significant leap from the 14 MW more

08.17.2012

Hidroelectrica was forced to invest 926 million lei (EUR206,696 million) in projects that use electricity as secondary alternative, which worsened its economic status, says a report on the causes of more

08.06.2012

The surface of industrial space rented in the first half of the year decreased by 40% compared with the similar interval a year ago, to about 34,000 square meters, of which 60% was rented in the more

08.06.2012

Some 330,000 square meters of new shopping center space are currently under construction in Romania, with delivery due in the second quarter of the year and in 2013, according to real estate more

08.02.2012

The number of spam attacks targeting Romanian Facebook users increased considerably in the first half of the year, while the volume of spam and phishing attacks sent out from Romania dropped, more

07.18.2012

Romania has made progress in reforming its judicial system and in fighting corruption in the five years of EU membership, but failed to meet its initial objectives, the European Commission said in a more

07.18.2012

The measures recently adopted by the Romanian Government raised serious doubts about the commitment to respect the rule of law or the understanding of the meaning of the rule of law in a pluralist more

07.18.2012

Romania’s Prime Minister Victor Ponta on Wednesday ensured the European Commission the country will meet all its recent commitments and will revise legislation to fully comply with the decisions more

07.17.2012

The European Commission will complete Wednesday morning the report on Romania’s progress in the justice sector, after a point-by-point analysis of the response provided by the Romanian Government to more

07.17.2012

The European Commission urges Romania to ensure the implementation of the Civil and Criminal Codes, as well as the accompanying procedural codes, restructure the court system and prosecution offices more

07.17.2012

The European Commission advises Romania to promote accountability and integrity within the judiciary through convincing disciplinary practice and jurisprudence, with clear targets for implementation, more

07.17.2012

The European Commission recommends that Romania’s Government and the country’s key institutions should demonstrate their commitment to the principles underlying the rule of law and judicial more

07.04.2012

The International Monetary Fund expects political pressures for relaxing fiscal consolidation and structural reforms to intensify despite the new government strongly affirming its commitment to the more

06.20.2012

Romania is the sixth most attractive European country for foreign investments in the next three years, according to Ernst&Young’s 2012 European Attractiveness Survey report released Wednesday. more

06.12.2012

The Romanian national TV network's (TVR) report for 2011 was rejected Tuesday by the Parliament, meaning the network's board, chaired by Alexandru Lazescu, will be replaced. more

05.25.2012

The U.S. Department of State says, in its 2011 report on human rights practices, that Romania continues to have problems with corrupt public officials, a sometimes partial judicial system, abuse from more

05.14.2012

More than a quarter of office spaces in Bucharest due to be finished this year might register delivery delays because of pending legal issues or lack of leasing activity, realty services firm Jones more