Latest News from Romania
Romania has not fulfilled two of the five nominal convergence criteria for adopting euro, namely those regarding inflation and exchange rate, but it fulfilled those regarding budget deficit, public debt and long-term interest rates, the Convergence Report published on Wednesday by the European Commission shows.
RESITA - Radomir Andric, Serbian poet and president of the Association of Serbian Writers, has received an award at the Romanian International Poetry Festival held in the city of Resita, western Romania, on the first three days of June.
The head of the Representation Office of the European Commission (EC) in Romania, Angela Filote said that a "general mobilization" of the European Union is needed in order to get out of the crisis, with restoring the citizens' confidence, adding that the best time to test solidarity is "in hard times."
Romania’s lower chamber, the Chamber of Deputies, on Tuesday overhelmingly rejected a mining law that would have enabled Canada’s Gabriel Resources to start a controversial gold mining project in central Transylvania.
Last September, the centre-left government of Victor Ponta sent a bill to parliament to approve the project to dig for gold in Rosia Montana.
The authorities estimate they will obtain over 300 million euro through the selling of 51 percent of the Electrica stock during the initial public listing that will start on June 16, said, on Tuesday, the head of the Directorate for Privatization of the Energy Department Gabriel Dumitrascu, during a conference on the topic of energy.
Security in Eastern Europe is a growing concern among Romanians, while the number most worried by unemployment and low salaries has fallen slightly, a new poll has revealed.
Around 10 per cent of Romanians are worried about the possibility of a conflict in the region, compared to just 1.4 per cent one year ago, the report from INSCOP polling company said.