Romania

Romania will cut around 100,000 public sector jobs next year to meet requirements attached to an IMF-led rescue deal, designated Finance. Minister Sebastian Vladescu said on Tuesday. “The budget draft (for 2010) envisages a reduction of a little under 100,000 employees. A large part of it will be done naturally …

Traian Băsescu has officially taken office as President of Romania at the official ceremony on Monday and was sworn in. The ceremony was attended by the Romanian patriarch Daniel, judges from the Constitutional Court, Prime Minister Emil Boc, other members of the government, chairperson of the Supreme Court of Cassation, …

„…organizaţiile românilor ucraineni şi autorităţile României aflate în spatele lor consideră Bucovina de Nord şi sudul Basarabiei teritorii anexate ilegal de la România” (Serghei Tighipko, prezidenţiabil ucrainean) Cine trece prin Kiev în această perioadă de campanie electorală prezidenţială va avea surpriza să vadă pe bulevardele principale ale capitalei afişul unui …

The priorities of the new Romanian government would be next year’s state budget, continuing reforms and ensuring stability, designated Prime Minister Emil Boc said Thursday. Boc vowed to work together with politicians, parliament and those who would govern the country to offer “stability and prosperity.”

The International Monetary Fund, IMF, on Thursday upped its economic growth forecast for the country for this year and next, and said Bucharest could receive its next loan tranche in February. At the same time, following its joint mission to the country earlier this week with the IMF, the European …

Romania’s newly reelected President Traian Basescu Thursday designated democrat liberal leader and acting Prime Minister Emil Boc to head the country’s new government. “Considering the current political situation, I have to adopt the only solution I see right now for Romania to meet its top priority, which is to have …

Romania’s newly re-elected president Traian Basescu on Wednesday expressed his hope to form anew government before Christmas. “The goal for us is to have a government if possible before Christmas or between Christmas and the New Year at the latest,” said Basescu. Romania has been in the hands of a …

Moldovan Prime Minister Vlad Filat on Wednesday ordered barbed wire removed from the former Soviet republic’s border with Romania. ‘It is a shame to maintain barbed wire up against a friendly nation in the 21st century, when borders of all Europe should be transparent and people move freely,’ Filat said.

Incumbent President Traian Basescu was officially certified Wednesday by the Constitutional Court for a new five-year tenure as head of state. “The Constitutional Court in the name of the law ruled: Traian Basescu is validated President of Romania,” said Ioan Vida, the court’s chairman.

Romania and the International Monetary Fund, IMF, on Tuesday reached an agreement on a draft budget for 2010, one of the main sticking points for the further disbursement of IMF-led funds. Speaking after meeting Romanian interim Finance Minister Gheorghe Pogea, IMF representative Jeffrey Franks said the next challenge is to …