Prime Minister Victor Ponta

The former State Secretary with the Ministry of Finance, Enache Jiru, has been appointed, a month ago, as adviser to the Governor of the National Bank of Romania, Mugur Isarescu, the spokesman for the institution, Dan Suciu, has announced.…

The Supervisory Board of Oltenia Energy Complex, freshly renewed by replacing three members of 5, decided on Friday evening to dismiss the General Director Laurentiu Ciurel, although he had the mandate until next year inclusively, for…

The EUR has strengthened on the interbank market against the RON, and climbed by 1.44 bani (RON 0.0144), more than the range variation recorded during an ordinary day, thus responding to the prospect of market uncertainties caused by the…

President Klaus Iohannis said Monday night he had a discussion with Deputy PM, Interior minister Gabriel Oprea regarding the recent accident that killed a policeman, adding that he advised Oprea to step down. “Today I have invited the…

The government approved on Friday the Emergency Ordinance on the second budget rectification in 2015, a positive correction, following which all the funds requested by state institutions were allocated, Prime Minister Victor Ponta announced…

Romania will formally ask the International Monetary Fund for a new aid deal this year, and the focus of the negotiations would be on implementing structural reforms as opposed to the country's budget deficit, the Finance Minister Eugen…

First, Romania has to ask the International Monetary Fund (IMF) to negotiate a new agreement, if desired, and then it will analyze the type of agreement which can be concluded, Guillermo Tolosa, the Washington-based Fund’s resident…

Romania has no need to borrow money from the International Monetary Fund (IMF) or the European Commission (EC). “We do not have absolutely any dollar debt to the IMF. We paid hardly what it has been borrowed and was well or badly spent -…

Fitch Ratings has affirmed recently Romania's long-term foreign and local currency Issuer Default Ratings (IDR) at 'BBB-' and 'BBB', respectively. The outlook is stable, a press release informs. According to the rating agency, the issue…

Romanian tourism employers proposed the introduction of a specific tourism tax, per room or accommodation place, with a limit of up to EUR 5 million in turnover. “We will analyze this option. (…) This decision would reduce the…