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romania-worried-that-eu-will-freeze-aid-payments
22 May 12 / 10:10:58

Romania Worried EU Payments Could Be Suspended

New payments may be blocked as Bucharest continues to have problems absorbing European Union funds.

Latest Business News from Romania

bulgaria-romania-high-on-list-of-restructuring-economies
13 Jan 11 / 12:27:41

Bulgaria, Romania High on List of Restructuring Economies

Romania and Bulgaria have been included on a World Bank list of developing economies in Europe and Central Asia undergoing serious restructuring.

foreign-car-sales-for-romania-s-dacia-up-in-2010
13 Jan 11 / 12:10:35

Romania's Dacia Sees Foreign Sales Go Up in 2010

Romanian carmaker Dacia's sales on foreign markets grew by 15 per cent last year compared to 2009, with France accounting for over a third of total exports.

fuel-price-increase-outrage-romanians
13 Jan 11 / 09:10:54

Gas Price Hikes Outrage Romanians

As petrol prices soar in one of Europe's few oil producing countries, consumers are angry, taxi-drivers threaten a revolt and the Prime Minister promises probes.

index-of-economic-freedom
12 Jan 11 / 14:38:19

Economic Freedom : Balkan Winners and Losers

Several countries rank high on the 2011 Index of Economic Freedom, as reforms begin to bite, while others lag as result of age-old problems, especially corruption.

romania-plays-imf-card
10 Jan 11 / 08:46:10

Romania Eyes Further IMF Credits

As the Fund approves a new installment of a bailout loan for Romania, Bucharest is eyeing a further precautionary deal.

romania-central-bank-keeps-key-interest-rate-at-6-25
05 Jan 11 / 18:04:01

Romania Central Bank Keeps Key Interest Rate at 6.25%

The Romanian Central Bank, BNR, has decided to keep the key interest rate at 6.25 per cent after its first monetary policy meeting of the year.

romania-cb-governor-talks-delays-to-eurozone-bid
05 Jan 11 / 12:52:01

Romania CB Governor On Possible Delay to Eurozone Bid

Romania's central bank governor says that the country's membership in the euro zone could be delayed from the planned 2015, as more reforms are needed.

romanians-not-rushing-for-shopping-as-usual
30 Dec 10 / 09:25:31

Romanians Spurn Usual Christmas Spending Spree

Consumer spending in December looks disappointing, as economically fearful shoppers refuse to splash out

romania-doubles-cap-to-bank-depositor-guarantee-level
28 Dec 10 / 12:50:08

Romania Doubles Saver Guarantee

The Romanian government has doubled the guarantee offered to depositors in Romanian banks to EU standards.

bucharest-sees-a-future-in-wind-energy
21 Dec 10 / 12:11:58

Bucharest Sees Future in Wind Energy

Romania has become a lucrative energy market for investors, particularly those interested in wind power, a recent report says.

romania-bulgaria-top-eu-poverty-statistics
14 Dec 10 / 14:08:10

Romania, Bulgaria Top EU Poverty Statistics

More than 20 per cent of Bulgarians and Romanians were at risk of poverty in 2008, an newly released Eurostat publication shows.

corruption-remains-serious-problem-for-most-romanians
10 Dec 10 / 07:23:45

Romania, Bulgaria, Losing Battle With Corruption

There is more talk about graft than action in Europe’s two most corrupt member states.

hurdles-ahead-to-romania-s-budget
08 Dec 10 / 08:09:54

Romania’s Budget Faces Parliament Hurdle

The draft budget - on which hangs a large IMF loan - is ready but has yet to pass a vital MPs' vote.

romania-s-long-road-to-normal-roads
07 Dec 10 / 09:07:40

Romania Inches Toward Modern Motorways

The Romanian government plans to pour billions of euros into efforts to expand and modernize the country's roads and rails in 2011, one of the few sectors to get a major boost in the new budget.

ebrd-extends-e35å-for-bank-lending-in-the-region
06 Dec 10 / 13:35:04

EBRD Extends €350 Million for Bank Lending in the Region

The European Bank for Reconstruction and Development signed today three credit lines worth a total of €350 million for banks in Bulgaria, Romania and Serbia for on-lending to businesses.

Premium

eurozone-crisis-hits-romania-s-embattled-middle-class
09 Dec 11 / 14:02:23

Eurozone Crisis Hits Romania’s Embattled Middle Class

Uncertainty about the future of the single currency makes many Romanians concerned for their financial future.

07 Dec 10 / 07:20:23

Turkey’s Balkan Shopping Spree

Politics and Society

bulgarian-minister-vows-help-for-quake-hit-areas
23 May 12 / 11:55:12

Bulgarian Minister Vows Help for Quake-Hit Areas

Bulgarian Finance Minister Simeon Djankov has promised that financial assistance will be made available for people whose homes were damaged by the strong earthquake that hit western Bulgaria early on Tuesday morning.

Culture and Lifestyle

romanian-museum-to-open-doors-during-the-night
18 May 12 / 09:49:37

Romanians Gear Up For Museums Night

Museums and cultural institutions across Romania will be opening their doors all night on Saturday and revealing their treasures.