Latest News from Romania
GDP up 1.4 pct in Q2 2014/Q2 2013, seasonally adjusted data (INS flash estimates)
Romania's Gross Domestic Product (GDP) went down 1 percent in seasonally adjusted terms in the second quarter of 2014 compared to the previous quarter, but against the similar period of 2013, Romania's economy grew by 1.4 percent, according to estimated flash data released by the National Statistics Institute (INS) on Thursday.
Scorching heat code yellow warning issued for all counties on Aug 13-14
The National Weather Administration (ANM) on Wednesday issued code yellow of scorching heat warning valid for all counties on Aug. 13-14.
In addition, temperatures will move as high as 35 to 37 degrees Celsius, even 38 degrees in some areas, while the temperature-to-humidity index will exceed the critical threshold of 80.
PM Ponta: Romania and Republic of Moldova must become energy independent
Prime Minister Victor Ponta said on Tuesday, on the Tuzla Airdrome, after having visited the Ocean Endeavour rig whereby ExxonMobil and Petrom are carrying out gas exploration drills in the Romanian Black Sea deepwater, that "in three to four years" Romania and Moldova must be as little as possible dependent on gas imports.
MADR's Botanoiu: Romania officially submitted to EC a report on the state of its fruit and vegetables sector
Romania has officially submitted to the European Commission a report on the situation of its fruit and vegetables sector following the embargo imposed by the Russian Federation on food products from the European Union, but proposals for financial aid to Romanian producers will be unveiled at a meeting in Brussels on August 14, State Secretary with Romania's Ministry of Agriculture
Bulgarian Litex Motors Launches Export of Great Wall Cars to Romania
Litex Motors, the Bulgarian company assembling the Great Wall automobiles in its factory near Lovech, will launch exports to Romania.
According to a media statement of the Lovech-based company, as cited by money.bg, Litex Motors signed a cooperation agreement with the Romanian importer, Alexandros Motors, on Monday.
Representatives of Romanians in Timoc Valley: we still speak about fear of admitting we belong to this people
The representatives of the Romanians in Timoc Valley, Serbia, warned on Monday afternoon, at the Summer University held in Izvoru Muresului (the County of Harghita, central Romania), that the situation of this community is dramatic, as there are no schools, no media in Romanian, children do not speak Romanian anymore, Romanian priests are persecuted and aid from the Romanian state
Banks to trim assets, especially abroad, to boost capital bases
By Yiannis Papadoyiannis
The European Commissions restructuring plans for Greek banks provide for a drastic scaling back of their activities abroad as well as reductions in the number of branches and staff at home.
The plans for banks National (NBG) and Piraeus were given the green light late last month, following those for Alpha in early July and Eurobank in April.