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New Law For Trading Food Items Adopted

President Traian Basescu signed into law on Wednesday the Law for trading in food items. The House of Deputies adopted the law on September 16. The law regulates the relationships between merchandise suppliers and the sh...

Some 113,000 Companies Suspended Their Activity In First 3Q

Some 113,000 companies suspended their activity in the first three quarters of this year, which is 11 times more companies than the same period last year. At the same time, the number of people asking for legal permit...
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Brussels Asks Romania To Give It More Options For A Comissioner

Social-Democrat MEP Victor Boştinaru told Mediafax wire service that the President of the European Commission Jose Manuel Barroso officially asked President Traian Băsescu to provide other three options Romania might...

France Awards Doina Cornea The Legion of Honor

Doina Cornea will be awarded Friday with the France's Legion of Honor by the France ambassador to Bucharest Henri Paul. The event will take place at the French Cultural Center in Cluj-Napoca.Organizers said the...

A major dilemma for the banks

After the central banks started intervening massively (by injections of liquidity, providing guarantees and accepting a wide range of collaterals) to limit the economic depression, a major dispute appeared between them...

U.S. Ambassador: Young people have no perspective

U.S. Ambassador in Bucharest, Mark Gitenstein, warned that too many talents don't see their future in Romania anymore, that our country's prosperity depends more on SMEs than on multinational companies and that...

Romanian PM Wants Interior Min Replaced

Romanian Prime Minister Emil Boc said Monday he informed coalition partners social democrats about his intention to replace Interior Minister Dan Nica and asked them to nominate a replacement within 24 hours. Boc...

No visas needed to get across the Prut River

Romanians can travel without visas in Moldova starting today. At least this is the promise of the new leaders in Chisinau. The interim President of the Republic, Mihai Ghimpu, signed yesterday a decree to suspend the...

Defense under external pressure

CSAT (the Supreme Council for the Country Defense) has become a place of political confrontations, and major decisions are to be taken after the Presidential elections.The Ministry of Defense has a much lower budget in 2...

Central Bank Governor: New Attack On The Leu Underway, But We Are Standing At The Gates

Central Bank official warn that the continous weakening of the Romanian leu against the Euro in the first four days of last week may well be a correction but might as well be the beginning of a new attempt to attack...

Égalité, Fraternité & Sécurité Do Not Feel Stomachs

A Bucharest dweller works 27 minutes to get the money buying him a loaf of bread. A dweller of Prague works 12 minutes, while one of Frankfurt works eight minutes for the same bread. Unfortunately, the work day is limite...
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