The Bucharest municipality will pay around EUR 175,000 for a statue representing Romanian writer Ion Luca Caragiale. This would be the third statue of Caragiale on display in Bucharest. It will be created by artist Ionel Stoicescu, who has been creating various monuments for the Bucharest municipality.

Romania’s trade deficit narrowed to EUR 8.64 billion in the first eleven months, from EUR 8.96 billion in the same period a year earlier, the National Statistics Institute said Monday. Exports rose 27.2 percent on the year to EUR 34 billion, while imports were up 19.5 percent to EUR 42.6 billion.

The Romanian Central Bank (BNR) will publish on a daily basis the government securities reference rates (fixing) from January 10, 2011.

Romanian independent taxi drivers will not buy fuels from gas stations on Thursday, in protest over the increase in fuel prices, the Association for the Rights of Independent Taxi Drivers (ATDI) said in a press release Sunday.

The Cernavoda bridge on the Danube-Marea Neagra flood gate will be closed down for repairs for a year, until January 2012, which will trigger a longer journey for those planning to reach the Romanian seaside by car this summer.

Mihai Tudor (in picture), who has been running the local subsidiary of IBM for the last four years, has been promoted to general manager of IBM for the South Eastern Europe (IBM SEE). He will oversee IBM's businesses in Bulgaria, Croatia, Romania, Serbia and Slovenia.

Fondul Proprietatea (FP), managed by Franklin Templeton, has asked for a shareholders meeting in gas company Romgaz in order to revoke the gas company's managers for having approved the EUR 94 million donation to the Romanian state.

German IT security company company Astaro has taken over Cluj – based firm Cososys, which specializes in software to prevent electronic data theft.

The Executive Board of the International Monetary Fund (IMF) has completed the sixth review of Romania’s economic performance and has approved the EUR 904 million loan tranche for the country. This brings the total disbursements under the program to EUR 12.44 billion so far.

Irish band U2 could perform in Bucharest in September this year, inaugurating the Lia Manoliu stadium in the Romanian capital city, if the discussions with the band's representative will reach an agreement, according to Mediafax newswire, quoting sources in the Bucharest City Hall.

The Bucharest municipality will pay around EUR 175,000 for a statue representing Romanian writer Ion Luca Caragiale. This would be the third statue of Caragiale on display in Bucharest. It will be created by artist Ionel Stoicescu, who has been creating various monuments for the Bucharest municipality.

Romania’s trade deficit narrowed to EUR 8.64 billion in the first eleven months, from EUR 8.96 billion in the same period a year earlier, the National Statistics Institute said Monday. Exports rose 27.2 percent on the year to EUR 34 billion, while imports were up 19.5 percent to EUR 42.6 billion.

The Romanian Central Bank (BNR) will publish on a daily basis the government securities reference rates (fixing) from January 10, 2011.

Romanian independent taxi drivers will not buy fuels from gas stations on Thursday, in protest over the increase in fuel prices, the Association for the Rights of Independent Taxi Drivers (ATDI) said in a press release Sunday.

The Cernavoda bridge on the Danube-Marea Neagra flood gate will be closed down for repairs for a year, until January 2012, which will trigger a longer journey for those planning to reach the Romanian seaside by car this summer.

Mihai Tudor (in picture), who has been running the local subsidiary of IBM for the last four years, has been promoted to general manager of IBM for the South Eastern Europe (IBM SEE). He will oversee IBM's businesses in Bulgaria, Croatia, Romania, Serbia and Slovenia.

Fondul Proprietatea (FP), managed by Franklin Templeton, has asked for a shareholders meeting in gas company Romgaz in order to revoke the gas company's managers for having approved the EUR 94 million donation to the Romanian state.

German IT security company company Astaro has taken over Cluj – based firm Cososys, which specializes in software to prevent electronic data theft.

The Executive Board of the International Monetary Fund (IMF) has completed the sixth review of Romania’s economic performance and has approved the EUR 904 million loan tranche for the country. This brings the total disbursements under the program to EUR 12.44 billion so far.

Irish band U2 could perform in Bucharest in September this year, inaugurating the Lia Manoliu stadium in the Romanian capital city, if the discussions with the band's representative will reach an agreement, according to Mediafax newswire, quoting sources in the Bucharest City Hall.