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President Basescu: the Russian Federation's

Friday, October 31, 2014

President Traian Basescu has stated on Wednesday that the Russian Federation's "new conquest", namely Crimea, gives this country almost full control over the Black Sea, while adding that he didn't say this with hostility towards ...

Electoral campaign nearing conclusion; 14 candidates in race for Cotroceni

Friday, October 31, 2014

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Fourteen candidates are participating in the electoral competition at the end of which voters will choose who takes over the seat at Cotroceni Presidential Palace. Nine of the fourteen candidates that have submitted presidential bids are at their first attempt to conquer the highest position in the state, while five already ...

CSCI poll: Victor Ponta is seen garnering 40 percent of the vote in the first round and Klaus Iohannis would get 29 percent

Friday, October 31, 2014

Prime Minister Victor Ponta, running for president of Romania in this Sunday's elections under the banner of the Alliance of Social Democrats, the National Union for the Progress of Romania and the Conservatives (PSD-UNPR-PC) is seen garnering 40 percent of the vote in the first round of the ballot, while his main contender Klaus Iohannis backed by ...

Romania, China AgriMins pay working visit to Constanta Port

Friday, October 31, 2014

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Romanian Minister of Agriculture and Rural Development Daniel Constantin and Chinese counterpart Han Changfu paid a working visit to the Black Sea port of Constanta (southeastern Romania) on Thursday alongside a delegation of Chinese business executives. Before travelling to the port, the ...

Confidence in Romania’s economy improved in October

Friday, October 31, 2014

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The confidence shown by businessmen and the people in Romania’s economy increased in October, recovering the September decline, while the economic feeling at EU level improved last month for the first time in the last 4 months, according to EC data. The confidence index in Romania’s economy went up by 1.5 % from 99,8% in September to 101.3%. Reported in August, the index went down by 1.2% in September. All five sectors included in the EC index had a positive ...

Ion Tiriac denies any connection with EADS contract

Friday, October 31, 2014

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Businessman Ion Tiriac denies any connection with the cintract signed by the Romanian state with EADS and says he had never had any personal or business interest, direct or indirect and had not participated in any activity, meeting or discussion on that topic.   Tiriac’s statement came after the speculations made by the media about his name in the “context of contractual relations between the Romanian state and ...

'Doing Business 2015': Romania, the 48th place among 189 countries

Thursday, October 30, 2014

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Romania holds this year the 48th place among 189 countries in the 'Doing Business 2015' rankings drawn up by the World Bank, with a total score of 70.22 points. The report by the international financial institution analyzes as many as 189 economies based on 11 criteria such as starting a business, ...

The VAT on fruit, vegetables and meat products could be lowered in the second half of 2015

Thursday, October 30, 2014

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Prime Minister Victor Ponta said on Wednesday that no tax will be raised in 2015, but quite the contrary, the VAT on fruit, vegetables and meat products could be lowered in the second half of the year. He explained however that the future government will decide on this "according to the concrete fiscal ...

China, a priority of Romania's policy for developing ties with the Asian countries

Thursday, October 30, 2014

The People's Republic of China represents a priority of Romania's policy for developing ties with the Asian countries, Deputy Prime Minister and Minister of Agriculture Daniel Constantin said on Wednesday in the opening of the 9th edition of the 16+1 Forum "China and the States in Central and Eastern ...

Over 450 companies from 22 countries participating at Indagra 2014

Thursday, October 30, 2014

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Over 450 companies from 22 countries are going to participate in the international fair of farming products and equipment, Indagra 2014, to kick off on Wednesday at Romexpo, alongside other five fairs with related themes and that are also already considered to be traditional in this field. It is about the INDAGRA FOOD - ...

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