Expats

Romania re-negotiates contract with Bechtel [Aug 04, 2011] The Associated Press The Associated Press BUCHAREST, Romania Romanian and American authorities say the U.S. company Bechtel has re-negotiated a contract to build a 400-kilometer (245 mile) highway from central Romania to the Hungarian border. Transportation Minister Anca Boagiu said late Wednesday the deal, which ends a standoff over costs and the pace of work, will save Romania ?6 billion (US$8 ... [via YahooNews] More >>

Romanian economy on track but reforms needed: IMF [May 09, 2011] (BUCHAREST ) - Romania's economy is on the right track but the pace of reforms must be maintained in order to avert possible shocks, the IMF head of mission Jeffrey Franks said on Monday. [via YahooNews] More >>

Romanian September Inflation Rate Increased More Than Expected to 7.8% [Oct 11, 2010] The Romanian inflation rate in September rose more than economists expected to the fastest pace in more than two years as food and services prices increased after the government raised the value-added tax . [via YahooNews] More >>

Romanian August Inflation Quickens to Fastest in 2 Years on VAT Increase [Sep 10, 2010] Romanian inflation accelerated in August to the fastest pace in two years after the government increased the value-added tax last month to meet International Monetary Fund-mandated bailout targets. [via YahooNews] More >>

Romanian Inflation Accelerates to Fastest Pace in Two Years on VAT Rise [Aug 11, 2010] Romanian inflation accelerated in July to the fastest pace in almost two years after the government increased the value-added tax by 5 percentage points to meet international bailout conditions. [via YahooNews] More >>

Romania Cuts Benchmark Interest-Rate for Fourth Time (Update2) [May 04, 2010] May 4 (Bloomberg) -- Romanias central bank cut its main interest rate a quarter point to help drag the economy out of a recession, signaling the pace of easing may slow on concern Greeces debt crisis may complicate the recovery. [via YahooNews] More >>

Romania Cuts Benchmark Interest-Rate for Fourth Time (Update1) [May 04, 2010] May 4 (Bloomberg) -- Romanias central bank cut its benchmark interest rate a quarter point to help the economy out of recession, signaling the pace of easing may slow on concern Greeces debt crisis could hurt a European recovery. [via YahooNews] More >>