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Juncker in dialogue with Romanians: Corruption is a national evil that must be eradicated

Friday, May 12, 2017


Corruption is an evil against which we have to use all our means to fight, President of the European Commission Jean-Claude Juncker told a dialogue with Romanians on Thursday hosted by the National Museum of Arts in ...

Iohannis, Juncker discuss lifting special justice monitoring of Romania, accession to Schengen Area

Friday, May 12, 2017


Romania's President Klaus Iohannis on Thursday welcomed President of the European Commission Jean-Claude Juncker to discuss special monitoring of Romania's progress with judiciary reform and the fight against corruption under the Cooperation and Verification Mechanism (CVM), Romania's accession to the border-free Schengen Area, debates on the future of the EU as well as the management of negotiations over the UK exiting the European ...

Juncker, in Parliament: Romania must become Schengen member as soon as possible, well-deserved place

Friday, May 12, 2017

The Cooperation and Verification Mechanism (CVM) is well conceived and no new criteria and exigencies have to be introduced in addition to those already in place, the European Commission President, Jean-Claude Juncker stated on Thursday in Parliament's plenary sitting, adding that Romania deserves its rightful place in the European Union and in the Schengen ...

Juncker Plan: 177 million euros for small companies in Romania

Friday, May 12, 2017

About 2,000 Romanian small and medium companies will benefit from advantages obtained by means of new loans unblocked by the accord signed by the European Investment Fund with Raiffeisen Bank, ec.europa.eu announced. The loan for small and medium companies in Romania will be 177 million euros. This accord of the European Fund for Strategic Investments (EFSI), the central pillar of Juncker Plan, was signed on May 11, EFSI being a crucial factor in ...

EU remains Romania s main commercial partner

Friday, May 12, 2017


Romania s commercial exchanges are 76% based on relations with EU, according to data of the National Statistic Institute (INS). The value of intra EU exchanges of goods (Intra-EU28), in quarter 1, 2017 was 11761.4 million euros for expeditions and 13,57.1 euros for introductions, representing 76.1% of overall exports and 76% of total imports, INS shows. The value of extra EU exchange of goods (Extra-EU28) in quarter 1, 2017 was ...

Gov't maintains 5.2 percent economic growth target for 2017

Friday, May 12, 2017

The government maintains the 5.2 percent economic growth target for 2017, on Wednesday night said the Romanian Premier, Sorin Grindeanu, at a late night Antena3 private television broadcast. "The economic data we have and everything that I've been saying from the beginning of the year and up until now do confirm the analyses we have carried, when we came ...

EC spring economic forecast: Romanian economy is expected to record an advance of 4.3 pct in 2017

Friday, May 12, 2017


The European Commission (EC) has revised downwards its estimates for this year with respect to the rise of the Romanian economy and the public deficit and warns that the uniform pay draft law represents a significant risk to the fiscal ...


Friday, May 12, 2017

Consumer prices were up 0.6% in April 2017 compared to April 2016. The average rate of consumer prices based on the&nb ...

Growth Accelerates in Europe and Central Asia as World Bank Calls for More Trade Benefitting More People

Friday, May 12, 2017

Economic growth in Europe and Central Asia (ECA) will accelerate slightly in 2017, following the stabilization of oil prices, benefitting the eastern half of the region, and a continued recovery in the western half of the region, a press release sent to ACTMedia reads. According to the ...

Misu Negritoiu, revoked from ASF leadership; Parliament voted unanimously for his replacement

Friday, May 12, 2017


The joint plenum of the Senate and Chamber of Deputies voted on Thursday, with 238 votes in favour of Misu Negritoiu s revocation from the head of ASF. Dragnea asked that ASF, the government and Finance Ministry should take action in the NN case, to give an example for the other multinational companies which make tens of billions in Romania and disregard the Romanians and the Romanian state. The NN pension fund announced its ...

Euro trades at 4.5505 lei on Thursday

Friday, May 12, 2017

 The exchange rate of the national leu currency resulting from the quotations announced on Thursday by the banks authorized to operate on the currency market is as ...

Romania sells planned 1 bln lei (220 mln euro) in 1-yr T-bills, yield ticks down

Friday, May 12, 2017

Romania on Thursday sold out a planned 1 billion lei ($240 million/220 million euro) issue of one-year Treasury bills, central bank data showed. The average accepted yield edged down to 0.87%, from 0.90% in the previous auction of government securities of the same issue held in April, the data indicated. Demand for the government securities, which will mature on May 14, 2018, totalled 2.33 billion lei, up from 2.21 billion lei ...

Minister Alexandru Petrescu: Indians from Synergy Char want to invest 50 million dollars in metallurgy in Romania

Friday, May 12, 2017


The Indian company Synergy Char intends to make an investment in metallurgy, Romania being in a favourite position in the Indian investor s options. the potential investment has an estimated value of 50 million dollars, with at least 500 new jobs to be created, the Minister for Business, Trade and Entrepreneurship announced on Wednesday. Synergy Char company intends to make an investment in metallurgy, Romania being in a favourite position in the ...


Friday, May 12, 2017

In March 2017, industrial production increased by 15.3% as gross series compared to the previous month and was up 2.6% as series adjusted by number of working days and seasonality. Compared to the same month of ...

In March 2017, the turnover in industry increased, in nominal  terms, by 14.4% compared to March 2016

Friday, May 12, 2017

In  March  2017,  the  turnover  in  industry,  per  total  (domestic  and  non?domestic  market), increased, in nominal terms, both compared to the previous month by 16.1% and compared to ...

The new orders in manufacturing increased in nominal terms by  18.9% in March 2017 compared to March 2016

Friday, May 12, 2017

In March  2017,  the new  orders  in  manufacturing  overall  (domestic market  and  non?domestic market),  in  nominal  terms,  increased  by 16.9%  compared  to  the  previous month and  were  up ...

Thousands attended party at Elisabeta Palace to celebrate May 10, the Day of Romania's Royalty

Thursday, May 11, 2017


Thousands of people attended on Wednesday a garden party at Elisabeta Pace in Bucharest to celebrate May 10, the Day of Romania's Royalty. Hosting the party were Crown Princess Margareta, Prince Radu and Princess Maria, with the royal family showing up at the balcony at 17:00hrs to greet the attendees. Afterwards, they came out to talk to the ...

Swiss limit immigration from Bulgaria/Romania

Thursday, May 11, 2017

Switzerland has slapped quotas on the number of immigrant workers from Romania and Bulgaria to quell a surge in numbers since borders fully opened to the two countries last year, swissinfo.ch reads. Temporary restrictions on workers from these countries are allowed under the terms of the Swiss-EU bilateral agreement. But the move comes at a time of heightened tensions between Switzerland and the EU over the free movement of ...

PSD decided sanctions against senator Serban Nicolae over the pardon bill case

Thursday, May 11, 2017

Social Democrat (PSD) senator Serban Nicolae has been replaced from the offices he held in the Senate. The PSD members attending the National Executive Committee (CexN) meeting have decided to replace Serban from the chairmanship of the legal committee in the upper chamber and from the helm of the PSD Group. Former Justice minister in the Ponta Government, Robert Cazanciuc will take over the chairmanship of the legal committee, while Mihai Fifor will ...

Ex-PM Ciolos launched the Platform Romania 100

Thursday, May 11, 2017


Former PM Dacian Ciolos has launched the Platform Romania 100, while inviting Romanians to join it. “In order to change Romania, an active, massive citizens’ involvement is needed, and as many people as possible are needed to bring up resources and will, people who share the same principles and who contribute together to the community’s values and welfare. Mu faith is that change is starting with ...

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