Romania

The Health Minister is the sixth official of the Romanian cabinet to resign in recent months.Romania’s Prime Minister Victor Ponta became on Tuesday an interim Health Minister, following unexpected resignation of Vasile Cepoi from the cabinet.

The Romanian government has cancelled the privatisation of the country’s largest chemical company, Oltchim.The bid to privatise Romania’s state–owned chemical producer, Oltchim, had been cancelled, Prime Minister Victor Ponta announced on Monday evening, after the previous bid winner, Dan Diaconescu, failed to pay for the majority stake. “We have to …

The International Monetary Fund, IMF, has approved the release of 513 million euros following the sixth review of Romanian’s standby arrangement.The International Monetary Fund, IMF, on Saturday approved the release of the latest chunk of funds under Romania’s precautionary loan after reviewing the country’s progress in meeting the terms attached …

In a blow to Prime Minister Victor Ponta, the Constitutional Court has ruled that parliament has no right to decide who should represent Romania at EU meetings.Romania’s Constitutional Court on Wednesday ruled that parliament has no right to decide on whether the President of Prime Minister should represent Romania at …

Minister says that medical tourism in Romania needs promoting as part of a drive to attract more visitors in general.As Romania seek to boost numbers of foreign visitors, the country’s medical services are being increasingly touted as an area deserving expansion on the grounds of quality and low prices. “Health …

Prime Minister Victor Ponta’s visit to Brussels has not entirely eased EU concerns about Romania’s respect for the rule of lawPrime Minister Victor Ponta on Tuesday claimed that Romanian-EU relations, strained by the bitter political infighting between the government and the President, were back on track. They “have become normal,” …

The cash-strapped country has postponed the sale of the plastics manufacturer Oltchim.Romania on Monday again extended the deadline for receiving preliminary bids in the sale of its 55-per-cent stake in cthe hemical producer Oltchim Ramnicu Valcea to September 21. The economy ministry pushed back the deadline, responding to the fears …

Authorities in Romania plan to reward snitches in order to reduce the high level of tax evasion, one of the owrst in Europe.The tax authority in cash-strapped Romania is planning to offer financial rewards to people who denounce individuals or companies for tax evasion, officials have announced. “The idea is …

President Barroso met today with President Băsescu to discuss the institutional and political developments in Romania and the current issues of the European agenda. President Barroso expressed his concerns about recent political events in Romania and the image that this has created with European Union partners. He made it clear …

European Commission President Jose Manuel Barroso expressed EU concerns Friday over political developments in Romania, insisting there can be no compromise on respect for the rule of law. Barroso “made it clear” to Romanian President Traian Basescu that the EU “will not compromise on the need for all member states …