Romania

Ministry of Interior’s workers in Bulgaria are too many

Varna. Ministry of Interior’s workers in Bulgaria are too many. This is what chairman of Internal Security and Public Oder Committee Mincho Spasov said at organized debate in the Bulgarian coastal town of Varna /east Bulgaria/, FOCUS Radio-Varna reporter informs. He was asked whether 63 000 Ministry of Interior’s workers …

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Rape inquiry sheds light on racism in Italy

ROME  – When police arrested two Romanians for the rape of an Italian teenager in Rome, Il Giornale, a paper owned by the family of Prime Minister Silvio Berlusconi, reported: “The Romanian beasts have been caught.” Three weeks later, prosecutors admitted the “beasts” could not be guilty — DNA tests …

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Romania not ruling out recession

Bucharest. Romania could slip into recession this year, when the economy could show a contraction of 1.0 percent to growth of 1.5 percent, Finance Minister Gheorghe Pogea said on Thursday. Romania is currently in talks with the International Monetary Fund and the European Union over a possible financial bailout.

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Romania Opens Emergency Refugee Centre

Officials from the UN’s High Commission for Refugees, UNHCR, and Romania on Thursday officially opened an emergency transit refugee centre in Timisoara, western Romania, to house refugees facing acute danger and in need of immediate evacuation. The centre, the first of its kind in the world, has been set up …

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Charges against ex Romanian president dropped

BUCHAREST, Romania: Prosecutors say they have dropped criminal charges against former President Ion Iliescu for allegedly inciting miners to riot in clashes that left six people dead. The general prosecutor’s office made the announcement Wednesday. The charges related to violence in June 1990, when Iliescu was president.

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Weak Leu Drives Romania’s Inflation Higher

Romania’s annual inflation rate rose slightly to 6.9 per cent in February from 6.7 per cent in January, primarily due to the weakening of the national currency, the leu. The National Statistics Institute, INS, also said on Wednesday that the rise in inflation in February was due to an increase …

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IMF delegation arrives in Bucharest on Wednesday

Bucharest. A delegation of the International Monetary Fund (IMF) will arrive Wednesday in Bucharest. The delegation will stay in the country till March 25, Romanian media report. The major issue to be tabled for discussion is an IMF program for Romania, part of a financing package, with the participation of …

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Seeking an IMF rescue, Romania will aid Ford

Ailing U.S. car maker Ford Motor Co. will receive 143 million euros ($232 million Canadian) in aid from the government of Romania, where the company owns an assembly plant, lawmakers said The state aid, spanning until 2012, will support production of cars and engines at the factory in Craiova, in …

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Romania Seeks $25 Billion Bailout

Faced with stalled growth and a weakened currency, Bucharest became the latest government to ask the IMF and EU for an emergency rescue package Romania could receive about €20 billion as part of an International Monetary Fund-European Union rescue package, with negotiations due to start this week.

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Romanian Wages Rise, Despite Slowdown

The average net salary in Romania rose 12.9 percent in the year to January, but declined slightly when compared to the month before, the National Statistics Board reported on Monday. January’s average salary was Lei 1,355 down by 0.9 percent from December, 2008. 

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