Latest News from Romania
“Deep under the streets of Bucharest - in Europe, in the 21st century - there is a network of tunnels and sewers that is home to hundreds of men, women and children stricken by drug abuse HIV and TB,” a recently released Channel 4 News film (see it below) says.
The Board of Executive Directors of the World Bank Group has green-lighted a budget support loan of 750 million euros to Romania, targeting the reform to strengthen public debt management, increase in quality of public expenditures, improvement in performance of state companies and the functioning of capital, real estate and energy markets.
Romania can and must become a provider of expertise on justice matters in the region, since it has proved it is capable of building extremely efficient institutions and implementing an entirely new legislative system, Justice Minister Robert Cazanciuc said during a visit paid to Turkey on Thursday and Friday.
The authorities' major concern for the next time horizon is for Romania to continue its economic growth trend and the implementation of structural reforms, Minister of Public Finance Ioana Petrescu declared on Friday after the World Bank Group's Board of Directors approved a development policy loan (DPL) worth 750 million euros for Romania.