Latest News from Romania
Electronic payments rose faster in Greece last year than in any other European Union member-state, amounting to 108.8 percent year-on-year, as recorded by the European Central Bank. The trend has continued this year, due in large part to a law linking e-spending with an income tax discount as well as the compulsory installation of card terminals by all tradesmen and professionals.
Eight people have died and at least 67 were injured on Sunday night when a violent storm in western Romania, with winds of up to 100 kilometers (60 miles) an hour.
The storm ripped out trees and downed power lines. Many any homes are without electricity in Timis and Caras Severin counties at the border with Serbia.
According to Eurostat statistics Denmark invests the most in it's education. Bulgaria is once again at the bottom of this list. Other countries that impress with ranking are Sweden, Beligum and Finnland - paying over 6% of the GDP for education. Countries paying under 4% apart from Bulgaria are Italy, Ireland and Romania.
Eurobank is in talks with Banca Transilvania to sell its subsidiaries in Romania as part of a restructuring plan agreed by Greece's third largest lender with European Union authorities.
The sale would close a decade-long chapter of ambitions by Eurobank and other Greek lenders to spread their wings abroad after the country's debt crisis forced them to retreat.
September 5 is the day when the school year is traditionally opened in the Bulgarian schools. Until 1921, students in Bulgaria began their classes on September 1, but the date was has been changed with two weeks because of Alexander Stamboliiski's agricultural government so children to help their families to harvest the crop.