The season for mountain bike races and triathlons is almost ending for 2010, but there's one more event you probably won't want to miss. After a very full summer season, probably one of the last mountain bike races for the year will be organized by TeamExpert near Bucharest, in the Natural Parc Comana.

Movies this week-end: The Girl with the Dragon Tattoo, Going the Distance, The American. Watch trailers.

Foreign direct investments to Romania (FDI) fell 36 percent to EUR1.9 billion in the first seven months of this year, from EUR 2.9 billion during the same period of last year, according to data from the Romanian Central Bank.

Romania's economy is expected to shrink two percent in 2010 and will increase between 1.5 and 2 percent in 2011, reads the additional letter of intent to the International Monetary Fund (IMF) approved by the Government. "The economic recovery will be delayed due to persisting low domestic demand, the unfavorable regional context and the recent floods," reads the document.

The Romanian Government has revised its estimate on primary spending to EUR 30.7 billion this year, from a previous EUR 30.5 billion, according to the additional letter of intent to the International Monetary Fund deal, quoted by Mediafax newswire.

Romania ranks 67th of the 137 countries included in the world competitiveness report issued by the World Economic Forum. The country is down three places compared to last year.

Martin Harris, the newly- appointed British ambassador to Romania, said UK supports Romania's agreement with the IMF, adding this program should continue as it represents a positive signal sent to foreign investors.

The North Western part of the Revolution Square is flanked by the imposing building which hosts the Central University Library. The institution was created at the initiative of King Carol I (read more about him here), who set up the University Foundation in 1891. The foundation was active until 1948, when it became the Central University Library.

State-owned energy transport company Transelectrica will invest around EUR 250 million in the next five to six years in Dobrogea to build eight transformation power stations and the electrical lines which will connect wind farms to the national power grid, a total capacity of 4,000 MW.

Romanian businessman Sorin Ovidiu Vantu is the third local media owner who has been detained for 24 hours, after Dinu Patriciu, the current owner of Adevarul Holding, and Dan Diaconescu, owner of OTV Tv station.

The season for mountain bike races and triathlons is almost ending for 2010, but there's one more event you probably won't want to miss. After a very full summer season, probably one of the last mountain bike races for the year will be organized by TeamExpert near Bucharest, in the Natural Parc Comana.

Movies this week-end: The Girl with the Dragon Tattoo, Going the Distance, The American. Watch trailers.

Foreign direct investments to Romania (FDI) fell 36 percent to EUR1.9 billion in the first seven months of this year, from EUR 2.9 billion during the same period of last year, according to data from the Romanian Central Bank.

Romania's economy is expected to shrink two percent in 2010 and will increase between 1.5 and 2 percent in 2011, reads the additional letter of intent to the International Monetary Fund (IMF) approved by the Government. "The economic recovery will be delayed due to persisting low domestic demand, the unfavorable regional context and the recent floods," reads the document.

The Romanian Government has revised its estimate on primary spending to EUR 30.7 billion this year, from a previous EUR 30.5 billion, according to the additional letter of intent to the International Monetary Fund deal, quoted by Mediafax newswire.

Romania ranks 67th of the 137 countries included in the world competitiveness report issued by the World Economic Forum. The country is down three places compared to last year.

Martin Harris, the newly- appointed British ambassador to Romania, said UK supports Romania's agreement with the IMF, adding this program should continue as it represents a positive signal sent to foreign investors.

The North Western part of the Revolution Square is flanked by the imposing building which hosts the Central University Library. The institution was created at the initiative of King Carol I (read more about him here), who set up the University Foundation in 1891. The foundation was active until 1948, when it became the Central University Library.

State-owned energy transport company Transelectrica will invest around EUR 250 million in the next five to six years in Dobrogea to build eight transformation power stations and the electrical lines which will connect wind farms to the national power grid, a total capacity of 4,000 MW.

Romanian businessman Sorin Ovidiu Vantu is the third local media owner who has been detained for 24 hours, after Dinu Patriciu, the current owner of Adevarul Holding, and Dan Diaconescu, owner of OTV Tv station.