The Finance Ministry has made public its report on the performance of state-owned companies last year.
Starting December 1st, the entire staff in the Romanian education system will benefit from a 15% salary rise.
In the latest financial stability report issued by the central bank of Romania, Governor Mugur Isaescu warns that, without fiscal stability, the free market economy cannot operate properly and efficiently, and fiscal relaxation is reduced to “a hoax.
The magistrates of the Bucharest Tribunal on Sunday ruled in favour of the temporary arrest of the Bucharest mayor Sorin Oprescu, who is accused by anticorruption prosecutors of bribe taking.
Considered to be Romanias most important cultural event, the “George Enescu International Music Festival is underway in Bucharest.
Government takes new measures in the public healthcare system The Romanian Government announced that salaries in the public healthcare...
Drought has lately affected almost all regions of Romania and has caused Romanian farmers damage worth over two billion euros. The Danube river level has also dropped alarmingly, which makes traffic on the river very difficult
The Danubes water level has dropped dramatically over the past few days due to prolonged drought, making navigation extremely difficult.
The National Bank of Romania keeps the monetary policy interest rate at the current annual level of 1.75%.
The Romanian government has made its first budget adjustment this year to allocate more money to the labour ministry.
