The Turkish capital markets surveillance body (SPK) has started an investigation into fund manager Mark Mobius of Franklin Templeton over alleged market manipulation following requests from Turkish investors, senior SPK officials said on Monday, quoted by Reuters newswire.

A supersonic jet fighter aircraft MiG 21 Lancer crashed Monday near Campia Turzii, central Romania, and the two members...

Airline company Carpatair has flown in 200 foreign tourists who spent their Halloween in Transylvania, the firm has announced. The German and Italian tourists bought tickets as part of Carpatair's promotional sale. Foreigners visited mainly the Bran and Sighisoara areas.

Somali pirates Friday night seized Panama-flagged tanker MV Polar, which has 24 sailors aboard, of whom one is Romanian, European Union naval force Atalanta said Saturday.

Romania hasn’t met the end-September performance criteria on general government arrears and it will ask the International Monetary Fund for a new waiver of non-observance, IMF mission chief Jeffrey Franks said Friday. This will be the sixth waiver of non-observance on government arrears since Romania signed a EUR 13 billion loan agreement with the IMF in 2009.

Two days after a non-confidence vote failed to receive the needed number of votes in the Romanian Parliament, the Romanian opposition social democrats and liberals on Friday submitted a new no-confidence motion in Parliament against the Government. The Cabinet has sought the lawmakers’ vote of confidence to pass the education reform into law.

Romania will switch back to winter time or Eastern Europe Time early on Sunday, October 31st, with 04,00 hours turning into 03,00 hours. Switching to Eastern Europe Time will not change the train schedule, with the passenger trains to depart according to the official summer time by 04,00 hours, while those scheduled to depart after 04,00 will leave according to the official train schedule by observing the Eastern Europe Time, the CFR Railways Passenger Branch announced.

Mircea Sandu, the head of the Romanian Football Federation (in picture), is being investigated by the National Anti Corruption Body (DNA) on having allegedly received a bribe to cast a certain vote in supporting Poland and Ukraine to organize the European Championship in 2012.

The Romanian Government Thursday approved the legal framework to set up a national visa information system which will enable the country to connect to the European Union Visa Information System, said Government spokeswoman Ioana Muntean.

Movies opening this week-end:

The Social Network (trailer below)

with Jesse Eisenberg, Justin Timberlake

On at...

The Turkish capital markets surveillance body (SPK) has started an investigation into fund manager Mark Mobius of Franklin Templeton over alleged market manipulation following requests from Turkish investors, senior SPK officials said on Monday, quoted by Reuters newswire.

A supersonic jet fighter aircraft MiG 21 Lancer crashed Monday near Campia Turzii, central Romania, and the two members...

Airline company Carpatair has flown in 200 foreign tourists who spent their Halloween in Transylvania, the firm has announced. The German and Italian tourists bought tickets as part of Carpatair's promotional sale. Foreigners visited mainly the Bran and Sighisoara areas.

Somali pirates Friday night seized Panama-flagged tanker MV Polar, which has 24 sailors aboard, of whom one is Romanian, European Union naval force Atalanta said Saturday.

Romania hasn’t met the end-September performance criteria on general government arrears and it will ask the International Monetary Fund for a new waiver of non-observance, IMF mission chief Jeffrey Franks said Friday. This will be the sixth waiver of non-observance on government arrears since Romania signed a EUR 13 billion loan agreement with the IMF in 2009.

Two days after a non-confidence vote failed to receive the needed number of votes in the Romanian Parliament, the Romanian opposition social democrats and liberals on Friday submitted a new no-confidence motion in Parliament against the Government. The Cabinet has sought the lawmakers’ vote of confidence to pass the education reform into law.

Romania will switch back to winter time or Eastern Europe Time early on Sunday, October 31st, with 04,00 hours turning into 03,00 hours. Switching to Eastern Europe Time will not change the train schedule, with the passenger trains to depart according to the official summer time by 04,00 hours, while those scheduled to depart after 04,00 will leave according to the official train schedule by observing the Eastern Europe Time, the CFR Railways Passenger Branch announced.

Mircea Sandu, the head of the Romanian Football Federation (in picture), is being investigated by the National Anti Corruption Body (DNA) on having allegedly received a bribe to cast a certain vote in supporting Poland and Ukraine to organize the European Championship in 2012.

The Romanian Government Thursday approved the legal framework to set up a national visa information system which will enable the country to connect to the European Union Visa Information System, said Government spokeswoman Ioana Muntean.

Movies opening this week-end:

The Social Network (trailer below)

with Jesse Eisenberg, Justin Timberlake

On at...