Home Page
Press Review 16 Jul 14

Romania Press Review – July 16, 2014

Disputes over Romania's nomination of EU Commissioner, Tax evasion at 16 per cent last year, OMV Petrom discover new oil reservoir in the Black Sea

Marian Chiriac

Prime Minister Victor Ponta has said that President Traian Băsescu wants to nominate the European Commissioner on Romania’s behalf, even though this is the Government’s task.

Tax evasion in Romania reached some 16 per cent of the GDP in 2013, up from 13.8 per cent in the year before, according to the Fiscal Council.

Oil and gas company OMV Petrom has identified a new oil reservoir in the Black Sea, with a production potential of an estimated 1,500-2,000 barrels of oil equivalent per day.

Balkan Insight has not verified the facts in the original press reports and cannot vouch for their accuracy

Talk about it!

blog comments powered by Disqus

Related Headlines:

23 Aug 17

Albania's Xhixha Strikes Gold With Steel Sculptures

Durres-born sculptor Helidon Xhixha - who has achieved international acclaim for his abstract steel art - tells BIRN in an interview that while he remains proud to be an Albanian, true art transcends national barriers.

21 Aug 17

Bosnians Mourn Koricani Cliff Massacre Victims

Premium Selection

22 Aug 17

Turkish Crisis Fuels Investment Surge in Balkans

The political crisis in Turkey is motivating many Turkish companies to shift their business operations to the nearby Balkan states.

21 Aug 17

‘Lucifer’ Wreaks Havoc With Balkan Agriculture

One of the worst-ever heat waves to hit the Balkans this summer, ‘Lucifer’ has brought drought and forest fires, decimating crops across the region, experts say.

17 Aug 17

Turkish Purges Leave Once Mighty Army Weakened

15 Aug 17

Bosnia-Born American Sues US over Travel Ban