Finance Minister Ioana Petrescu has given assurances that Romanias budget for 2015 will be finalized by mid January.
Anti-corruption prosecutors have taken into custody two local officials from cities across Romania.
Several EU member countries have inappropriately used almost 7 billion Euros from the expenditure budget last year, reads the annual report of the European Court of Auditors.
In September 2014, the value of remaining credits of natural persons and legal entities in Romania went up, but the money people owe to the banks has decreased in the past year and so has the number of bad debtors.
Sundays first round of presidential elections left only two candidates in the race for the highest office.
The European Commission has announced that Romania has come out of recession in the third quarter of the year.
In the run up to the second round of presidential election in Romania, the contenders are preparing new strategies.
At Romanias request, the European Commission has agreed to revise the operational program for 2007-2013 so that the salaries of those working in the EU fund absorption field should become eligible and should be fully reimbursed by the European Commission
Fourteen candidates competed for the presidency of Romania, and two of them qualified into the November the 16th runoff: the Social Democratic PM Victor Ponta and the representative of the right-wing opposition, Klaus Iohannis.
Pro- Russian separatists in the east of the country held legislative and presidential elections
On November 1st Radio Romania celebrates 86 years since its first broadcast.
There is no reasons for people in Europe to stay cold this winter said the European Commission President Jose Manuel Barroso, who endorsed the agreement between Moscow and Kiev regarding deliveries of Russian gas to Ukraine.
Jose Manuel Barroso says one of his greatest achievements was the EU enlargement.
A UNICEF report reveals that over 76 million children are fighting poverty in 41 of the worlds richest countries.
The West hails the fair organization and the results of Ukraines legislative elections.
