The interim report issued by the European Commission (EC) today under the Co-operation and Verification Mechanism (CVM) says that anti-corruption bodies set up by Romanian authorities are starting to improve their track record. Ovidiu Posirca […]

Several tourism targets in the Romanian capital will be revamped after financing contracts were inked by the Ministry of Tourism and the Bucharest City Hall, with the total value of the contracts exceeding EUR 20 million (RON 90 million), most of them being financed from reimbursable funds. Otilia Haraga […]

National railway operator CFR will modernize the railway infrastructure using nonreimbursable funds from the EU totaling EUR 479 million. Ovidiu Posirca […]

After opening five stores this January, Mega Image could add another 75 new units to its local chain by yearend, according to Ziarul Financiar who quotes market sources. Simona Bazavan […]

More than 6.6 million Romanians suffer from acute poverty, which places Romania on the second place in Europe after Bulgaria, as shown by the data released by Eurostat. Otilia Haraga […]

The appointment of a new prime-minister Razvan Ungureanu and the resignation of the former head of the cabinet Emil Boc was noted by international media outlets who spilled some ink on who the new Romanian PM is and what led to his appointment. Otilia Haraga […]