Latest News from Romania

Energy security, nuclear industry on Romania's agenda at EU Energy Council

Energy security, the importance of the nuclear sector, the development of indigenous energy sources, and the energy situation of the Republic of Moldova were some of the topics approached by Romanian Minister for Energy Razvan Nicolescu in his speech at the meeting of the Council of EU Energy Ministers in Luxembourg on Friday.

Military envoys in Brazil, Poland, Angola, UAE

BELGRADE - Serbian Minister of Defence Bratislav Gasic met on Friday with officers who will assume the duty of military envoys in eight countries in the next few months.

As of this year, Serbia will, for the first time, have military envoys in Brazil, Poland, Angola and the United Arab Emirates, while four officers will take over regular duties in China, Romania, Algeria and Croatia.

Danube Bridge 2 Serviced Half Million Vehicles in One Year

Nearly half a million vehicles have run along Danube Bridge 2 connecting Bulgaria's north-western city of Vidin to Romania's Calafat since its launch on June 14, 2013.

The heaviest traffic is recorded in July, August and September, Vladimir Andreev, CEO of the company operating the facility, told Bulgarian Telegraph Agency.

IMF Puts Fresh Accord With Romania on Hold

A review of a precautionary agreement between Romania and the IMF and the EU has been put off to November, after the government has drafted its 2015 budget, according to Romanian officials.

Romania Hopes for Windfall From Power Producer Sale

The Romanian government on Wednesday announced the launch of the sale of a 51-per-cent stake in the electricity distributor Electrica, from which it hopes to raise up to 1.95 billion lei (some 435 million euro).

The sale forms a major part of the Romania's privatisation strategy, which has been agreed with the International Monetary Fund, IMF.

EU to Grant Moldova EUR 50 M of Additional Assistance

The European Union is to boost the financial aid it allocates to Moldova in support of its commitment to reforms, the leader of the bloc's mission to the country said.

Imbalance in competitiveness

 WEF report highlights barriers to improving business environment, notes high numbers of scientists, students

By Dimitra Manifava

Political, military ties to be discussed at SEDM meeting

BELGRADE - A meeting of deputy chiefs of staff, attended by delegations of 15 countries participating in the Southeastern Europe Defence Ministerial Process (SEDM), started in Belgrade on Wednesday.