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Romania parliament set to back new leftist government
BUCHAREST (Reuters) - Romania's new prime minister said he was confident his leftist government would win parliamentary approval on Monday and finalize a deal with international lenders to restore public wages to their previous levels. Romania's left-leaning opposition ousted Prime Minister Mihai Razvan Ungureanu's cabinet last month after a wave of public anger against plans for spending cuts ...
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Romania parliament set to back new leftist government
BUCHAREST (Reuters) - Romania's new prime minister said he was condident his leftist government would win parliamentary approval on Monday and finalise a deal with international lenders to restore public wages to their previous levels. Romania's left-leaning opposition ousted Prime Minister Mihai Razvan Ungureanu's cabinet last month after a wave of public anger against plans for spending cuts ...
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Following marathon talks with Romania?s international creditors, incoming Finance Minister Florin Georgescu said the ...
The talks with the International Monetary Fund, the World Bank and the European Commission, talks that started in force on Friday at the National Bank of Romania (BNR) headquarters, were successfully wrapped up some 12 hours later, the Romanian side and the representatives of international institutions establishing on Saturday the terms of the new letter of intent to the ongoing precautionary ...
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Clouds hang over gold mine plans in Romania
Plans by the Canadian company Gabriel Resources to open a gold mine at Rosia Montana in Romania might be hampered by a centre-left cabinet which is to take office on Monday, analysts say.
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Romania president cautious on deficit hike
(BUCHAREST ) - Romania's president said Sunday he backed a deal with the country's lenders IMF and the EU that allows public servants' wages to be restored but warned that its deficit has to be kept under control.
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Romania president cautious on pay rise deal with IMF
(BUCHAREST ) - Romania's President Traian Basescu said Sunday he would oppose a deal with the IMF and the EU to raise public wages if it meant exceeding the public deficit target set for 2012.
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Romania vows moratorium on shale gas extraction
Romania vows moratorium on shale gas extraction BUCHAREST, Romania (AP) ? Romania's new left-leaning government has pledged a moratorium on shale gas exploitation and will review a controversial Canadian plan to build Europe's largest open-cast gold mine. The previous government, which fell in a confidence vote last week, awarded U.S. petroleum company Chevron Corp. exploration, exploitation and ...
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Romania vows moratorium on shale gas exploration
Romania vows moratorium on shale gas exploration BUCHAREST, Romania (AP) ? Romania's new left-leaning government has pledged a moratorium on shale gas exploration and will review a controversial Canadian plan to build Europe's largest open-cast gold mine. The previous government which fell in a confidence vote last week, awarded U.S. petroleum company Chevron Corp. exploration rights of shale ...
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Romania seals deal with IMF to raise public wages
BUCHAREST (Reuters) - Romania has sealed an agreement with international lenders to restore public wages to their previous levels, a senior official said, as part of the government's efforts to ease an unpopular austerity program. The International Monetary Fund (IMF) has said Romania has some space to ease austerity, which included a 25 percent cut in public sector salaries in 2010. Some have ...
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Romania gov't: moratorium on shale gas exploration
Romania gov't: moratorium on shale gas exploration BUCHAREST, Romania (AP) ? Romania's new left-leaning government has pledged a moratorium on shale gas exploration and will review a controversial Canadian plan to build Europe's largest open-cast gold mine. The previous government which fell in a confidence vote last week, awarded U.S. petroleum company Chevron Corp. exploration rights of shale ...
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Names of Fernando Llorente and Radamel Falcao Adorn Train Stations in Bucharest, Romania
To commemorate the Europa League final, the names of Fernando LLorente and Radamel Falcao will substitute the names of two train stations in Bucharest, Romania from May 6 to May 10. The two players are the stars of the teams in the final: Athletic Bilbao and Atletico Madrid, respectively. Another four stops will be replaced with local soccer heroes like Gheorghe Hagi and Nicolae Dobrin ...
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Romania gov't promises moratorium on shale gas exploitation, review of open-cast gold mine
BUCHAREST, Romania - Romania's new left-leaning government has pledged a moratorium on shale gas exploitation and will review a controversial Canadian plan to build Europe's largest open-cast gold mine. Prime Minister-designate Victor Ponta also said he will respect commitments to the International
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Romania vows moratorium on shale gas extraction
Romania's new left-leaning government has pledged a moratorium on shale gas exploitation and will review a controversial Canadian plan to build Europe's largest open-cast gold mine.
More >>
Romania vows moratorium on shale gas exploration
Romania's new left-leaning government has pledged a moratorium on shale gas exploration and will review a controversial Canadian plan to build Europe's largest open-cast gold mine.
More >>
Romania gov't promises moratorium on shale gas exploitation, review of open-cast gold mine
By The Associated Press BUCHAREST, Romania - Romania's new left-leaning government has pledged a moratorium on shale gas exploitation and will review a controversial Canadian plan to build Europe's largest ...
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Romania vows moratorium on shale gas exploitation, review of Canadian gold project
BUCHAREST, Romania - Romania's new left-leaning government has pledged a moratorium on shale gas exploitation and will review a controversial Canadian plan to build Europe's largest open-cast gold mine.
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Romanian Catholics in O.C. fight for those back home
TUSTIN - Parishioners at a Tustin church are taking a stand against a Romanian government plan to pay families a fraction of the market value for properties confiscated during Communist rule - instead of returning the property. Thousands of people had property confiscated during the Communist...
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Romania gov't: moratorium on shale gas exploration
(05-04) 02:56 PDT BUCHAREST, Romania (AP) -- Romania's new left-leaning government has pledged a moratorium on shale gas exploration and will review a controversial Canadian plan to build Europe's largest open-cast gold...
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Romania gov't: moratorium on shale gas exploration
Romania's new left-leaning government has pledged a moratorium on shale gas exploration and will review a controversial Canadian plan to build Europe's largest open-cast gold mine.
More >>
Analysis: Central Europe walks austerity tightrope
BUCHAREST (Reuters) - When Romania's government cut salaries by a quarter in 1931, it collapsed and the country ran through 22 different cabinets in a decade and slid into dictatorship and war. Eight decades later, another government introduced a similar austerity measure under an International Monetary Fund-led bailout. It fell and parliament threw out its successor after just two months ...
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