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Iohannis: We would like Riga summit to mark EU's consolidated relations with Moldova, Georgia, Ukraine

Friday, May 22, 2015


Romania's President Klaus Iohannis said Thursday that Romania is directly interested in the European bids of Moldova, Georgia and Ukraine, adding that the EU's Eastern Partnership Summit meeting in Riga is expected to mark the consolidation of EU's relationships with the three countries. 'We would like this summit to mark an important stage in the ...

PMs Ponta, Gaburici sign memorandum in Chisinau on energy and natural gas

Friday, May 22, 2015


Romania's Prime Minister Victor Ponta and his Moldovan counterpart Chiril Gaburici on Thursday signed in Chisinau, Moldova, a memorandum of understanding between the national governments of Romania and Moldova for the conduct of projects needed for the interconnection of natural gas and electricity grids of the two countries, Moldpres reports. "For 2015, ...

Almost one third of Romanians consider Justice is most important institution of democracy

Friday, May 22, 2015

Nearly one third of Romanians consider Justice is the most important institution of democracy, found an INSCOP Barometer conducted by pollster Inscop Research at the commission of "Adevarul" daily. Thus, 30.1 percent of the respondents said Justice is the most important public institution of democracy, followed by the Presidency (22.6 pct), the Government ...

Starting June 1, VAT 9% for food, non alcoholic beverages, animals, poultry, seeds and plants for foodstuff

Friday, May 22, 2015


The reduced 9% VAT will be applied as of June, to foodstuff, including non alcoholic beverages for human and animal consumption, domestic live animals and poultry, seeds, plants and ingredients used to prepare food, the Executive decided. The government approved amendments to methodological norms for the application of the Fiscal Code, needed to clarify and update provisions following the amendments that appeared in fiscal ...

Most banks in Romania consider opportune continuation of IMF accord

Friday, May 22, 2015

Most banks in Romania consider the continuation of the accord with IMF opportune for financial stability, according to an opinion poll made by the audit and consulting company EY Romania, based on a partnership with the Romanian Association of Banks (ARB). 68% of respondents consider the continuation of the accord with IMF opportune while 32% are against. “The bank barometer, an instrument for bankers’ ...

Banks estimate rising demand for real estate and consumer credits

Friday, May 22, 2015


Banks estimate an increase of demand for real estate and consumer credits this year, according to an opinion poll made by EY Romania, based on a partnership with the Romanian Association of Banks. Thus 90% of banks anticipate higher demand for real estate credits and 80% for consumer credits. One out of four banks estimates a significant increase of real estate credits. “The percentage of banks ...

Deloitte: Romania will become attractive for investment funds in IT and manufacturing

Friday, May 22, 2015

Investors expect an increase of transaction activities next year, according to the latest Deloitte Central Europe Private Equity. The audit and consulting company estimates that Romania will be more attractive especially in the IT and manufacturing sectors. “The activity of investment funds present in Romania has been relatively low compared to the other countries in the area. However, because of macro-economic indicators and stability and of the ...

May 24, the Day of Bulgarian language in Romania

Friday, May 22, 2015


On May 25, 2015 the Bulgarian Embassy in Romania in collaboration with the Romanian Peasant Museum and the regional Lyuben Karavelov library in Ruse organizes the varnishing “Books uniting our peoples”. The event was organized on the occasion of the Day of Bulgarian culture and education and Slavic writing and appointing of May 24 as the Day of Bulgarian language in Romania. For over 1,000 years the Cyril alphabet ...

An incendiary night is announced for EUROPAfest Gala: 4 jazz bands from 3 continents fight for the Grand Prize Winner

Friday, May 22, 2015


On May 23, at 19:00 takes place EUROPAfest Gala at Odeon Theatre – Majestic Hall. The 10 days marathon of jazz, blues, pop and classical events, which took place simultaneously in Bucharest and Sibiu, ends with an exceptional concert, whose coordinates are diversity, special atmosphere and high artistic level. The scene of Odeon Theatre will be brought back to life by the most appreciated jazz bands in the festival, the ...

Iohannis goes to Riga for the summit of the Eastern Partnership and for a meeting with the PPE leader

Thursday, May 21, 2015


President Klaus Iohannis will be in Riga (Latvia) on Thursday and Friday where the summit of the Eastern Partnership takes place with a meeting with the chairman of the European People’s Party Joseph Daul included. According to the official programme, Iohannis will take part on Thursday night in the dinner offered by the president of Latvia. Before going to Riga, Thursday at about 16:00, the president will have a press ...

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Energy & Environment

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