Expats

Romanian city mayor arrested in bribery case [Nov 11, 2011] BUCHAREST, Nov 11 ? Romanian police arrested the mayor of the western city of Cluj on suspicion of taking bribes from private companies in exchange for awarding public contracts, anti-graft prosecutors said today. Romania, rated the third most corrupt European Union state, joined the bloc in 2007, which many say was too early because it had ... [via YahooNews] More >>

Romanian city mayor arrested in bribery case [Nov 11, 2011] BUCHAREST, Nov 11 ? Romanian police arrested the mayor of the western city of Cluj on suspicion of taking bribes from private companies in exchange for awarding public contracts, anti-graft prosecutors said today. Romania, rated the third most corrupt European Union state, joined the bloc in 2007, which many say was too early because it had ... [via YahooNews] More >>

Romania Must Pay Debts, Pass Pension Changes to Get Next Payment, IMF Says [Sep 01, 2010] Romania must prove it paid overdue debts to private companies and approve changes in its pension system by the end of September to unlock the next installment of its bailout loan, the International Monetary Fund said. [via YahooNews] More >>

IMF Mission Recommends Payment to Romania If Private Sector Arrears Paid [Aug 04, 2010] An International Monetary Fund mission to Romania will recommend releasing the next tranche of the nations 20 billion-euro ($26 billion) bailout if the government settles arrears to private companies. [via YahooNews] More >>