Considered to be Romanias most important cultural event, the “George Enescu International Music Festival is underway in Bucharest.
Romania has not yet been affected by the waves of refugees that have been crossing the neighboring countries trying to reach Western Europe. Bucharest officials, however, have decided to take some precautionary measures.
24 years after it proclaimed its independence from USSR, Moldova still faces domestic and geostrategic challenges.
Authorities are assessing the extent of the damage caused by the prolonged drought this season. Farmers hope they will be compensated for their losses this very year.
The huge number of refugees from the war-torn areas in the Middle East and Africa who are taking Europe by storm is a matter of concern for all European states.
A recent opinion poll surveying the Romanians state of mind shows that 49% of the respondents believe that Romania is heading in the wrong direction and only 44% think the direction is good.
The parliamentary parties in Romania announce they have reached an agreement on amending the recently adopted Fiscal Code, which had been described by president Klaus Iohannis as unsustainable. Economic experts however remain sceptical.
The prolonged drought in the past few weeks has dramatically impacted Romania. The Government is now looking for ways to partially compensate the farmers losses.
The decision to raise healthcare salaries triggered immediate criticism from the Opposition.
The National Anti-Corruption Directorate is relentless in its efforts to combat graft.
Romania has been facing prolonged drought, with dramatic effects particularly on agriculture and transports
The dropping level of debt, the increase in foreign investment and the low rate of inflation have renewed the appeal of the Romanian economy to foreign investors.
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
Consumption was boosted by the drop in foodstuff prices in the month of July.
The fiscal relaxation measures provided by the new fiscal code are sustainable, says Prime Minister Victor Ponta.
