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Former official sued for influence peddling, Bucharest to host international marathon, Banca Transilvania gets IFC trade credit line
A former director of the Energy Regulatory Authority has been sued for influence peddling. He is accused of helping four companies obtain advantageous contracts in exchange for over 500,000 euro.
Romania's capital will host on Sunday the fifth edition of Bucharest International Marathon, a sport event with an expected attendance of over 6,000 people.
The International Financial Corporation will provide an USD 15 million trade credit line to Banca Transilvania lender, with money aimed to fund small and medium enterprises.
Balkan Insight has not verified the facts in the original press reports and cannot vouch for their accuracy
To keep its reform policy credible for investors, the government must find common ground with the IMF and look for a new arrangement, experts say.