Latest News from Romania
PM Has Ambition to Turn Bulgaria Into Regional Centre for Transit of Gas
Prime Minister Boyko Borisov expressed his ambition to turn Bulgaria into a key state for the transit of natural gas in the region of Southeastern and Central Europe.
In an interview for Deutsche Welle, Borisov referred to the projected gas hub Balkan, which is planned for construction near the city of Varna.
Bulgarian Energy Minister Foresees No Power Price Hike Until Summer
Bulgarian Energy Minister Temenuzhka Petkova foresees no increase in the price of electricity at least until the summer.
The price will remain at the level determined by the Energy and Water Regulatory Commission (KEVR) until the next planned review of prices in the summer.
Over 32 000 Tourists Visited Bulgaria's Pamporovo During Christmas Holidays
More than 32 000 tourists visited the Bulgarian winter resort of Pamporovo over the festive period spanning Christmas and New Year.
The majority of the tourists were Bulgarians, but a growth was also registered in the number of visitors from Greece, Turkey and Romania.
Robust economy, immigration push German employment to record high
Favorable economic conditions and an influx of foreign workers boosted employment in Germany to its highest since reunification in 1990, according to data published on Jan. 4 as the jobless rate hovers at a historic low.
Tax Cuts Take Effect in Romania from Start of 2016
The New Year has brought several tax cuts in Romania benefiting consumers, small firms as well as those who receive dividends, according to local media reports.
A cut in standard Value Added Tax (VAT) rate to 20% from 24% as of 1 January 2016 will cost the state budget about RON 8 B (EUR 1.7 B) in revenue, according to romania-insider.com.
Shocking video: A woman tries to sooth an abused dog
A moving video shows a terrified dog crying as it gets some affection at a kennels in Romania.
The small dog named Priscilla was abused so much that when a kind-hearted woman Monica Mitreanu tried to calm her she was so petrified, that a gentle touch seemed like a threat to her.
Romania's Ice Hotel Opens Despite Winter Warmth
There is less snow and ice than usual for this season, but for the 11th consecutive year the Hotel of Ice in Romania's Carpathian Mountains has opened its doors as scheduled, just after Christmas.
The Economist: Bulgaria's GDP to Grow 2.5% in 2016
Bulgaria's economy is set to grow 2.5% in 2016, The Economist has estimated.
Macroeconomic data of the Economist Intelligence Unit (EIU) suggest inflation will be at 1.6%, and per capita GDP will be USD 6710.
Trips of Bulgarians Abroad Increase by 12.7 % Y/Y in November
According to the latest figures of the National Statistical Institute (NSI) released on Monday, the trips of Bulgarian citizens abroad in November 2015 amounted to 305 184, which represented an increase of 12.7 % compared to the same month last year.
Romania extradites war crimes suspect to Bosnia
Romania has extradited Grozdan Savic to Bosnia-Herzegovina, it was reported on Thursday.
Savic is a Bosnian citizen suspected of committing war crimes during the 1990s.
Romanians Queue on Border For Xmas Holidays
Romania's Interior Ministry on Wednesday started posting updated information on its website about expected waiting times at Romanian checkpoints with Hungary, to curb the frustration of people queuing up to spend their Christmas holidays at home.
Singers and Footballers Top Google Searches in Balkans
It's that time of year again, when Google publishes its lists of the most frequently used Google search terms used in 2015.
People in the Balkans, as in most countries around the globe, are most curious about pop singers and football players, according to an article published by Time weekly.
Romania Hails Moldova's New PM-Designate
Romanians have welcomed news that Moldovan President Nicolae Timofit has asked Ion Sturza, a wealthy pro-Western businessman who also has Romanian citizenship, to form a new government.
"This is a good news as Sturza has a clear a pro-European outlook. The problem is that he has to form a new political majority in Moldova, which is not easy," journalist Cristian Pantazi said.
International child porn ring with leg in Greece dismantled by FBI
Three New Zealanders have been arrested and convicted for participation in an international child exploitation ring following an investigation organized by the New Zealand police and America’s Federal Bureau of Investigation (FBI) in collaboration with law enforcement agencies in Greece as well as Australia, Canada, France, Romania, Spain, the United States and the United Kingdom.
Romania to Award Bonuses to Mayors
Romanian MPs on Monday backed the new law that will see bonuses handed out to mayors, deputy mayors and county council chairpersons.
The law was adopted with 86 votes in favour and one against. MPs from the second largest party, the Liberals, abstained.
MPs who supported the law said salaries in local administration are low, discouraging talented people from holding office.