Following rising tension within the ruling coalition, its members are considering rediscussing their association to prevent a split.
The Board of the National Bank of Romania has decided, in its first session this year, to cut the mandatory minimum reserves for liabilities in the...
From January 1st until June 30th, Greece will be chairing the meetings of the 28 member EU Council whose job is to adopt legislation and coordinate...
The National Bank of Romania has decided to reduce the interest rate from 4% to 3.75% per year, which is an all-time low. Last year, the National Bank had decreased the monetary policy interest rate progressively, from the level of 5.25% per year, set in
Greece has taken over, for the fifth time, the rotating presidency of the European Council amid serious internal problems. In its new capacity, it will try to push for solutions to some of the organisations complicated files.
Many high-profile Romanians, particularly politicians, will continue to appear in courts this year as well. Romania’s Social Democratic prime...
2014 promises to be a busy year for Romanian justice. This was confirmed, on the first days of the year, by a prison sentence received by a former prime minister.
2013 was a good year for Romania’s national currency the leu that had the best evolution of all currencies outside the euro zone as compared to the...
After a good year 2013, Romanias national currency, the leu, has made a bad start this year. In the last few days, the leu has depreciated as compared to the euro, on Tuesday exceeding the psychological threshold of 4.5 lei for one euro.
Former Prime Minister of Romania in the 2000-2004 period, Adrian Nastase on Monday was sentenced to 4 years in prison in a corruption case. The...
“Freedom of movement in the EU” and the “labour market liberalisation” are two different concepts. While Romanians have had the right to...
Romanian magistrates gave a final ruling in the corruption case of former Romanian Prime Minister Adrian Nastase, sentencing him to 4 years in prison.
The European Commission has not received any sign yet of a so-called invasion of Romanians.
The Epiphany or Theophany, on January the 6th, commemorating the baptism of Jesus Christ in the Jordan River, and the John the Baptist’s Feast Day...
In the first nine months of 2013, Romania reported a 2.7% economic growth rate, whereas Bucharest authorities were expecting a 2.2% growth for the...
