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ALDE Party President Van Baalen hopeful planned changes to justice package strengthen rule of law

2018-05-21 09:10:00 Nine O'Clock
President of the Alliance of Liberals and Democrats for Europe Party Hans van Baalen voiced hope that all the upcoming changes to the justice package will strengthen the rule of law, stressing that they must comply with European legislation and the rulings of the Constitutional Court of Romania. "I spoke to both ruling and opposition parties, NGOs and media, to assess the state of play in the country, because as EU members we are of course looking at what happens in several member states.

Cryptocurrency mining servers increase Romania’s energy consumption

2018-05-21 05:30:00
Cryptocurrency mining servers installed in Romania have a major impact on increasing the domestic energy consumption, according to Deliotte senior expert Razvan Nicolescu, a former energy minister in the Victor Ponta cabinet, local Profit.ro reported.

Three-day Agriplanta-Romagrotec agricultural fair closes in Romania

2018-05-21 04:30:45 Xinhuanet
Photo taken on May 20, 2018 shows cows grown by Romanian farmers at an agricultural fair in Fundulea of Calarasi county, about 40 km from Bucharest, Romania. The three-day Agriplanta-Romagrotec, the main agricultural fair in Romania, closed on Sunday.

Romania’s Start-Up Nation program to have EUR 430 mln budget this year

2018-05-21 04:30:00
The second edition of the Start-Up Nation program, a state-aid scheme aimed at helping local start-ups, will have a budget of RON 2 billion (EUR 430 million) and will be able to finance some 10,000 local start-ups. The maximum financing will be RON 200,000 ...

Aeronautics to cooperate with Romania's Romaero

2018-05-21 03:45:00
Aeronautics participated in the "Black Sea Defense & Aerospace 2018" exhibition in Bucharest last week. Unmanned aerial systems (UAS) company Aeronautics Group (TASE: ARCS) has signed a memorandum of understanding with Romanian aerospace company Romaero ...

New vehicle sales in Romania, up 28% in the first four months

2018-05-21 03:30:00
New vehicle sales reached 15.860 units in April 2018, making this the best April in the last nine years, according to the Car Manufacturers and Importers Association (APIA). Overall, new vehicle sales reached 51,853 units in the first four months, up 28% ...

Business organizations in Romania appeal for keeping mandatory private pension funds

2018-05-21 01:53:00
Some 15 business organizations and operators on the capital market launched an unprecedented appeal to the Government to keep the current three-pillar architecture of the local pension system. They argue that the mandatory private pensions were launched ...

Romania’s Govt. ponders suspending contributions to mandatory private pension funds

2018-05-21 01:47:00
The Government may suspend the contributions to mandatory private pension funds (Pillar II) from July 1 until December 31, according to a draft law that is part of the Government’s legislative project for this year. The draft law was published on the ...

ALDE's Tariceanu, about criminal complaint against Prime...

2018-05-20 21:41:44 Nine O'Clock
Senate President Calin Popescu-Tariceanu, leader of the Alliance of Liberals and Democrats stated, in relation to the criminal complaint submitted by Liberal leader Ludovic Orban against premier Viorica Dancila, that the head of state, Klaus Iohannis should have an "edifying stance" to show that he is beyond any suspicions related to a possible machination "to undemocratically overturn a legitimate government." "Politics is not like that (), meaning that if one crazy person throws a rock, all dive in after it.