Romania

Two Romanians Die in Algeria Hostage Crisis

Bucharest says that two Romanians have died but another three have been released after being taken hostage by Islamist militants in Algeria.The Romanians were among more than 80 who are reported to have died as a result of the hostage crisis at a British-Norwegian gas plant in Algeria, where Islamists …

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Romania President Rejects Proposed Anti-Corruption Chiefs

President Traian Basescu has turned down the Justice Minister’s two candidates to head the country’s main anti-corruption institutions.President Traian Basescu has rejected the Justice Minister’s nominations for the posts of Chief Prosecutor and head of the National Anti-Corruption Directorate, the DNA. “The selection procedure wasn’t sufficiently open to encourage more …

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Romania Dismisses British Fears of Influx

Romania’s Foreign Minister says British speculation about large numbers of Romanians heading to work in the UK next year has no basis in fact and is all about politics.Romania’s Foreign Minister, Titus Corlatean, on Thursday said that British talk of a possible mass influx of workers in 2014, after remaining …

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Romanians Among Islamist Hostages in Algeria

At least one Romanian is among the hostages kidnapped and feared killed by Islamic militants in southern Algeria.Romania’s Foreign Minister confirmed on Thursday that at least one Romanian citizen was among the 41 foreigners taken hostage at a British-Norwegian gas plant in Algeria in retaliation to French military intervention in …

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Romania to Simplify Fiscal Checks

Several fiscal bodies are to merge into one, in a bid to improve efficiency and lighten the load on companies struggling under the weight of numerous inspections.Romania’s centre-left government plans to merge several fiscal authorities into a single structure in a move to reform the tax system and increase the …

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Romania Unveils Budget For 2013

Prime Minister says draft budget for this year will put Romania back on the path to economic growth.Romania’s centre-left government is planning to a growth oriented budget for 2013, with a target growth of 1.8 per cent and a public deficit of under 2 per cent. “We want to end …

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Romania unveils 2013 budget, eyes 1.8% growth

Romanian Prime Minister Victor Ponta on Thursday unveiled the 2013 draft budget that targets 1.8-percent economic growth and a public deficit under 2.0 percent. “In 2013 our obligation is to put Romania back on the track of economic growth,” centre-left Ponta told a press conference. He added that his government, …

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UK Rightists Oppose Opening Border to Bulgaria, Romania

UK Independence Party says it will campaign hard against lifting restrictions on Bulgarians and Romanians working in Britain in 2014.The leader of Britain’s rightwing UK Independence Party, which has seen a recent surge in support in the polls, says it would be “irresponsible” to open British borders to Bulgarians and …

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IMF Mission Poses Test for Romania

An IMF audit mission, which is coming to eveluate to Romania’s economic performance, is seen as posing a major credibility test for Prime Minister Victor Ponta.A team of auditors from the European Union and International Monetary Fund, IMF, is to come to Bucharest on January 15 to discuss the country’s …

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Romania’s Govt to Push For Economic Reforms

Victor Ponta’s government aims to better relations with the IMF and improving economic climate.Romania’s new government, led by 40-years-old Victor Ponta, has won a landslide approval in the parliament and is aiming now to push through the 2013 budget and start negotiations with the IMF for the new international precautionary …

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