Latest News from Romania

Swiss Ambassador Jean-Hubert Lebet: Romania has huge unexploited potential

Romania has a huge unexploited potential, while the country's image should be improved from within, and the excessive bureaucratic system needs systematization to provide efficient administration, Swiss Ambassador in Bucharest Jean-Hubert Lebet told AGERPRES in an interview.

NEWS OF THE DAY - JUNE 3

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.

ForMin Corlatean to meet Polish counterpart Radoslaw Sikorski

Foreign Affairs Minister Titus Corlatean on Wednesday will have a meeting with his Polish counterpart Radoslaw Sikorski, on the occasion of the visit to Poland over June 3-4, as a response to an invitation extended by Mr.

More Romanians Fear Ukraine-Related War

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.

US shuts Afghan transit base in Kyrgyzstan

The United States on Tuesday shut its airforce base in Kyrgyzstan that had been the main transit hub for troops going to Afghanistan, a move expected to boost Russia's influence in Central Asia.
      

BoC to decide later on share capital increase

Bank of Cyprus will make a decision on whether to proceed to a share capital increase or not at the end of June, after reporting its first profit in seven quarters on Friday, saying it was on track on deleveraging and improving the quality of its loan portfolio.

First-quarter profit after tax was 31 million euros after a 103-million-euro loss in the last quarter of 2013.

Tennis: Mergea-Draganja advance to Roland Garros doubles semifinals

The double made up of Romania's Florin Mergea and Croat Marin Draganja advanced to the men's doubles semifinals of Roland Garros, the second Grand Slam tournament of the year, as it defeated seed No 3 Daniel Nestor of Canada - Nenad Zimonjic of Serbia 6-7 (2), 6-3, 7-6 (5) on Monday.

Romania Steps Up Anti-Corruption Campaign

Romania’s Anti-Corruption Department said in its latest progress report that 850 people, including ministers, lawmakers, mayors, judges and prosecutors, were convicted of corruption over the past 12 months.

Among those convicted were four ministers or ex-ministers and five MPs, among them former Prime Minister Adrian Nastase, who was found guilty for a second time in January.

Prince Charles meets MEP Daciana Sarbu, in Bucharest

Organic farming, sustainable development of the mountain area and its attractiveness, and support for the small farmers were the main topics discussed on the meeting that Prince Charles had on Saturday with MEP Daciana Sarbu, recently elected for another term as a member of the European Parliament.

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