Latest News from Romania
Bulgaria Marks 11 Years since NATO Accession
The flag of the North-Atlantic Treaty Organization (NATO) was solemnly raised in front of the Presidency in Bulgaria's capital Sofia.
Bulgarian President and Bulgarian Armed Forces' Commander-in-Chief Rosen Plevneliev personally received the formation of the guards at the front entrance of his office at 11:00 local time (EEST).
Former President Basescu's son-in-law Radu Pricop, under judiciary surveillance
The National Anti-corruption Directorate (DNA) prosecutors have put Radu Pricop, the son-in-law of former president Traian Basescu, under a 60-day judiciary surveillance, as he is accused of accessory to blackmail in a criminal file regarding Sergiu Lucinschi, the son of former Moldovan president, Petru Lucinschi.
Photo credit: (c) Silviu MATEI / AGERPRES FLOW
Romania Jails Richest Man For Corruption
Romania's Supreme Court on Thursday jailed super-rich businessman Ioan Niculae for two years and six months for illegaly financing one of the main candidates in the 2009 presidential campaign.
Romanian Farmers Protest Over Subsidies Delay
More than 1,000 Romanian farmers took part in a protest on Thursday in Bucharest, demanding more subsidies from the government and expressing fears that the EU decision to scrap milk production quotas will ruin them.
Supermarket Chain BILLA Might be Leaving Bulgaria
German corporation REWE Group, represented in Bulgaria by two popular supermarket chains BILLA and PENNY Market is allegedly in the process of selling their locations across Bulgaria.
According to unconfirmed information reported by Kapital daily, the procedures have already been launched and the results will be visible in less than two months.
Bulgaria's SOFIX Second Best Performing Index in CEE in March
After Bulgaria's leading blue-chip index SOFIX returned to a growth path in March, it has been moving up in the rankings of Central and Eastern Europe.
According to calculations of Bulgarian business news portal investor.bg, based on Bloomberg data, SOFIX moved to second place among the top-performing indices in the region in March.