Latest News from Romania

Yields Fall on Bulgaria's Seven-year Government Bonds

Yileds fell at Tuesday's auction of seven-year euro-denominated Bulgarian government bonds as the offer was heavily oversubscribed.

The Finance Ministry said on Wednesday it has reopened  the issued dated 30 April 2014, offering EUR 35 M worth of government bonds.

The average weighted annual ayield dropped to 2.20% from 2.26% at the previous reopening  on May 26. 

45% of Bulgarian Pensioners Still Working – Eurostat

Some 45% of Bulgarian pensioners continue to work, the European Union's statistics office Eurostat has claimed.

In 2012, the year for which latest EU labor market statistics were available, about 15% of all employed Bulgarian pensioners continued working mainly for financial reasons, while less than 10% did so mainly for non-financial reasons such as job satisfaction.

PM Ponta begins official visit to United States

Prime Minister Victor Ponta on Tuesday began his official visit to the United States.

The head of Romanian Government has arrived in New York, where he is to attend the 69th session of the U.N. General Assembly.

Ponta had a meeting with Turkish President Recep Tayyp Erdogan.

PER's William Brinza files presidential bid

Former MP William Brinza on Tuesday filed his presidential bid with the Central Electoral Bureau (BEC) endorsed by the Romanian Ecological Party (PER).

Basescu: Romania at risk of going into economic crisis again

President Traian Basescu said on Tuesday there are barriers to a re-start of the economy in Romania and the country is at risk of going into a time of economic crisis again, after the Government had used less state budget money for investments and directed it to social security instead.

PM Ponta attends U.N. General Assembly

Romanian Prime Minister Victor Ponta begins a several-day visit to the United States on Tuesday, to attend the 69th United Nations General Assembly in New York and hold talks on economic issues with U.S. energy company executives.

Candidate Iohannis: Romania has lacklustre position in NATO, EU

Presidential candidate Klaus Iohannis, the chair of the National Liberal Party thinks that Romania has failed to stand out as a partner of NATO and of the European Union; speaking on Monday night at the Realitatea TV station, he said the country did not come up with its own ideas and approaches, hence a change is necessary in the foreign policy.

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