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13 May 13

Romania’s Shadow Economy Shrinking, Study Says

Greater use of electronic payments is responsible for part of the decrease in Romania’s shadow economy, a study by Visa says.

Latest Business News from Romania

13 Nov 09

Balkan Countries Not Ready for Gas Crisis

Countries from Central Europe and the Balkans should do more in order be better prepared for a otential gas crisis and should find ways to reduce their dependency on Russian supplies, officials and businesspeople said
during a Central European Initiative, CEI, meeting held in Bucharest.
11 Nov 09

Romania Enables Drafting of 2010 Budget

The Romanian Parliament on Wednesday adopted legislative amendments that will empower the acting government to draft and ratify laws, crucial to adopting a budget for 2010.
11 Nov 09

Romania State Workers to Take Unpaid Leave

The Romanian government has announced that it will force public sector employees to take eight days unpaid leave at the end of the year in a bid to cut the budget deficit.
10 Nov 09

Romania's Jan-Oct Budget Deficit Rises

Romania’s consolidated budget deficit rose to 5.2 per cent of gross domestic product in the January to October period compared to the same period last year, interim Finance Minister Gheorghe Pogea said, as quoted by local press.

09 Nov 09

Romania Data Suggest Tentative Recovery

Two sets of economic date out Monday suggest Romania's economy may be coming out of the worst of its current recession.
03 Nov 09

Romania, Bulgaria: EC Sees Gradual Recovery

The European Commission expects Bulgaria's and Romania's economies to recover gradually, but warns that considerable uncertainties remain.
03 Nov 09

Romanian Site Sold for 4.7 Million Euro

MIH Allegro BV, a company belonging to the South Africa-based media conglomerate Naspers, has paid 4.7 million euro for the acquisition of Romanian site autovit.ro, local press reports.
30 Oct 09

Romania Press Review - October 30

Here are the top stories in Romania’s main newspapers. Balkan Insight has not verified the reports and cannot vouch for their accuracy.
29 Oct 09

Romania Press Review - October 29

Here are the top stories in Romania’s main newspapers. Balkan Insight has not verified the reports and cannot vouch for their accuracy.
28 Oct 09

IMF Mission in Romania

A delegation from the IMF started a second review of Romania’s progress in achieving benchmarks linked to a major aid package on Wednesday. 
27 Oct 09

Romania Press Review - October 27

Here are the top stories in Romania’s main newspapers. Balkan Insight has not verified the reports and cannot vouch for their accuracy.
23 Oct 09

IMF Mission to Visit Romania

A second IMF mission will review Romania’s progress in achieving benchmarks linked to a major aid package, from October 28 to November 9.
22 Oct 09

Romania Press Review - October 22

Here are the top stories in Romania’s main newspapers. Balkan Insight has not verified the reports and cannot vouch for their accuracy
20 Oct 09

Romania Press Review - October 20

Here are the top stories in Romania’s main newspapers. Balkan Insight has not verified the reports and cannot vouch for their accuracy.
19 Oct 09

Romania Press Review - October 19

Here are the top stories in Romania’s main newspapers. Balkan Insight has not verified the reports and cannot vouch for their accuracy.

Politics and Society

amnesty-international-slams-human-rights-in-the-balkans
23 May 13

Amnesty Lists Rights Failings in Balkans in 2012

The Amnesty International Report for 2012 listed war crimes prosecutions and discrimination against sexual and ethnic minorities as among the most pressing rights issues in the Balkans.

Culture and Lifestyle

romanians-ready-for-museums-night
17 May 13

Romanian Museums Prepare For All-Night Opening

The annual Night of Museums in Romania will involve exhibitions, dance and theatre performances, concerts and films in events across the country.