Romania

Romanian Dairy Sector Hit by Russia Food Ban

When Russia imposed a one-year embargo on food products from the EU in August, the news caused little stir among Romanian dairy producers as the total value of their exports to Russia was only around 1 million euro per year.

Two months later, they are feeling hard hit by the embargo, as many cheaper EU products have since flooded the Romanian market.

Tariceanu: I am not interested in prime minister office, I am engaged in presidential race

Independent candidate for Romania's president supported by the Liberal Reformist Party (PLR) Calin Popescu Tariceanu in Alba Iulia on Wednesday said that the prime minister office did not represent his life goal, having underscored that he was currently interested in Romania's presidency.

PM's counsellor Socol: World Bank report shows gov't support for business, economy stable

Romania has advanced to the 48th position among 189 countries ranked by the World Bank on the easiness of doing business, prime minister's counsellor Cristian Socol told AGERPRES on Wednesday. He mentioned a methodology change giving a higher weight to the quality of regulations and thus showing it was easier to do business in Romania than in Slovenia, Hungary, Turkey or Italy.

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