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Figures show Romania has slid back into recession [May 15, 2012] Romania's economy has slid back into recession after it contracted for two consecutive quarters, with the European sovereign-debt crisis and freezing temperatures hitting exports and industrial output, officials said Tuesday. [via YahooNews] More >>

Romania falls back into recession [May 15, 2012] BUCHAREST: Romania has fallen back into recession, official data showed Tuesday, with its gross domestic product shrinking by 0.1 percent in the first quarter, the second quarterly decrease in a row. [via YahooNews] More >>

Romanian president defends his gov't [Jan 25, 2012] After nearly two weeks of anti-government protests, Romania's leader acknowledged on Wednesday that some citizens have lost faith in his leadership but insisted that the austerity measures he has introduced have pulled the country out of a recession. [via YahooNews] More >>

Romanian president defends his government [Jan 25, 2012] BUCHAREST, Romania ? After nearly two weeks of anti-government protests, Romania's leader acknowledged on Wednesday that some citizens have lost faith in his leadership but insisted that the austerity measures he has introduced have pulled the country out of a recession. [via YahooNews] More >>

Romania?s Credit Rating Raised to Investment Grade by Fitch [Jul 04, 2011] Romania had its credit rating raised to investment grade by Fitch Ratings for the first time in almost three years after the government sought to cut the budget deficit and the economy exited a two-year recession. [via YahooNews] More >>

Romanian Tops Bulgaria's Danube Town Ruse Rich List [Jun 20, 2011] The richest citizen of the Bulgarian town of Ruse, on the Danube, who earned BGN 3.12 M last year, has turned out to be a man from neighboring Romania, the national revenue agency announced. The man, whose name has not been disclosed, is believed to have been lured to Bulgaria by the lower taxes, which the government has maintained at pre-recession levels. ... [via YahooNews] More >>

Romania recovers from economic recession: Statistics [May 14, 2011] Romania has recovered from recession after two years of economic crisis, with the gross domestic product (GDP) recording growth for two consecutive quarters, showed the official statistics released Friday. [via YahooNews] More >>

Romania comes out of two-year recession [May 13, 2011] The Associated Press The Associated Press BUCHAREST, Romania Officials say Romania's economy expanded by 0.6 percent in the first quarter, meaning the country has officially emerged from a two-year recession as strong exports and industrial output offset weak domestic demand. The National Statistics Institute in Bucharest published the figure Friday. It follows 0.1 percent growth in the fourth ... [via YahooNews] More >>

Romania comes out of two-year recession [May 13, 2011] Officials say Romania's economy expanded by 0.6 percent in the first quarter, meaning the country has officially emerged from a two-year recession as strong exports and industrial output offset weak domestic demand. [via YahooNews] More >>

Romania comes out of two-year recession [May 13, 2011] Officials say Romania's economy expanded by 0.6 percent in the first quarter, meaning the country has officially emerged from a two-year recession as strong exports and industrial output offset weak domestic demand. [via YahooNews] More >>

Nationalism, from Romanians to Magyars [Mar 23, 2011] Marko Bela was right when he said that the Romanian society by and large is more tolerant of Magyars than it was a decade ago. From various reasons, nationalism entered recession, and Romania?s European integration is the chief reason for it. [via YahooNews] More >>

Romanian government survives no-confidence vote [Mar 17, 2011] BUCHAREST (Reuters) - Romania's Prime Minister Emil Boc survived a fifth no-confidence vote in less than a year as expected on Wednesday, showing his fragile coalition can push ahead with IMF-backed reforms to aid the recession-hit economy. [via YahooNews] More >>

Romanian government survives no-confidence vote [Mar 17, 2011] BUCHAREST (Reuters) - Romania's Prime Minister Emil Boc survived a fifth no-confidence vote in less than a year as expected on Wednesday, showing his fragile coalition can push ahead with IMF-backed reforms to aid the recession-hit economy. [via YahooNews] More >>

IMF says Romanian economy stabilizing [Feb 08, 2011] (AP:BUCHAREST, Romania) Romania's economy is stabilizing after two years of recession and the government must now focus on rebuilding growth, an International Monetary Fund official said Tuesday. [via YahooNews] More >>

IMF says Romania's economy is stabilizing [Feb 08, 2011] (AP:BUCHAREST, Romania) An International Monetary Fund official says Romania's economy is stabilizing after two years of recession. Jeffrey Franks says Tuesday Romanian unprofitable state-owned companies must be reformed. [via YahooNews] More >>

Romanian Officials Set Parameters for Potential IMF-EU Precautionary Loan [Jan 06, 2011] Romania said it set parameters for a new precautionary loan from the International Monetary Fund and the European Union as the Balkan nation emerges from a recession. [via YahooNews] More >>

Witchcraft declared legal profession in Romania [Jan 02, 2011] BUCHAREST (Romania) - ROMANIA has changed its labour laws to officially recognise witchcraft as a profession, prompting one self-described witch to threaten retaliation. The move, which went into effect on Saturday, is part of the government's drive to crack down on widespread tax evasion in a country that is in recession. [via YahooNews] More >>

Romania Agrees With Lenders of Conditions for $3.3 Billion Disbursement [Nov 01, 2010] Romania agreed to terms that may release 2.4 billion euros ($3.3 billion) of bailout loans from the European Union, International Monetary Fund and World Bank as it seeks to recover from the deepest recession on record. [via YahooNews] More >>

IMF urges Romania not to change taxes [Nov 01, 2010] (AP:BUCHAREST, Romania) Romania's government should not tinker with its tax system, an International Monetary Fund official urged Monday, as the fund considers whether to grant the recession-mired country the next installment of a multibillion-euro bailout loan. [via YahooNews] More >>

IMF urges Romania not to change taxes [Nov 01, 2010] (AP:BUCHAREST, Romania) An International Monetary Fund official has urged the Romanian government not to change its tax system, weeks before the fund decides whether to grant the recession-mired country the next installment of a multibillion euro (dollar) loan. [via YahooNews] More >>