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The Executive Still Has No Spokesperson

On January 9 PM Emil Boc said on public television that having a spokesperson for the Executive was not a priority, as he could perfectly convey his and the Government messages by himself. Still the decision at this...

Former President Ion Iliescu Says Current President Traian Basescu Needs To Polish His Governing Style

Social Democrat Party honorary president Ion Iliescu, also former Romanian president, yesterday said in a television show that the current head of state Traian Basescu should polish his executive style if he wanted to pl...

The National Electricity Company deserves to exist

Russia and Ukraine reached an agreement on the resumption of gas transit to the EU countries. But the crisis in the recent weeks comes with a terrible moral regarding the Union. It was proven once again how weak and...
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The Bucharest-Moscow axis

How much did the Romanian people decay if a banal phone call made by the President of Romania to the Prime Minister of Russia created a serious national concussion and an entire TV analysis? The sensational part of the...

President Traian Basescu Tells His Former Party To Keep Coalition Running

President Traian Basescu visited Saturday night the Democrat-Liberal Party ministers and parliamentarians assembled over the week-end in the Poiana Brasov mountain resort to tell them keeping the coalition with the...

The unemployment rates increase every month

Thousands of employees will remain without a job this month. An increasing number of larger or smaller companies announce personnel dismissals throughout the country. The critical situation of the economy has also affec...

The Weak Leu Weakens The Imports Market

The local currency loss of value compared with the Euro makes for more expensive imports. This was immediately shown in the 10% higher price tag of merchandise at the Eco-Healing store in down town Bucharest. The store...

If the IMF is necessary...

People talk about the imminent appearance of an arrangement between the IMF and Romania to cover an "empty whole" in the external financing of the current account deficit; they would rely on the credibility that such an...

An irresistible offer

When the frozen EU was striving to determine Russia and Ukraine to resume the gas supply for the European houses and factories, Traian Băsescu, the president of a parliamentary republic, has found appropriate to call Mr...

Former Presidential Adviser Gets Full Access To Classified Info

Former presidential adviser Elena Udrea is relentlessly inching her way to power and control. She was named minister for tourism but that was not enough for President Traian Basescu favored former adviser. She managed...

The international economic context

The recession that includes the largest EU economies severely hit our economy; over 2 thirds of our commercial exchanges are with the EU and most of the Romanians working abroad use the single work market. In order fo...

An Answer to the Russian Challenge

BERLIN – For 19 years, the West (America and Europe) has been putting off answering a critical strategic question: what role should post-Soviet Russia actually play globally and in the European order? Should it...

PM Emil Boc To Redraft Budget

The newly nominated Executive is to redraft the state budget and the social security budget for 2009, which was designed by the liberal government it replaces after the November 30 elections. The current team does...

Sharp Dive In Budgetary Revenues

The budget revenues shrank by 36% between 1 and 23 December 2008, when compared with the same period last year, reaching an aggregate value of 3.068 billion lei, the Ministry of the Economy and Finance said. At the...
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