The Romanian Ministry of Public Finances will organize a bid for discounted treasury certificates on Monday, with an estimated value of RON 800 million (around EUR 188 million). The ministry is planning to organize bids and raise as much as RON 4.6 billion (around EUR 1 billion) in August, through seven treasury and bonds issuances.

Fire broke out after a blast at the Giulesti maternity hospital in Bucharest on Monday afternoon. First details point to an explosion in the resuscitation area of the hospital.

The Polish film which has won the Anonimul Film Festival trophy, 'Zero', by Pawel Borowski, will be screened at the Romanian Peasant's Museum between August 17 and 22 in Bucharest. The festival's retrospective will include all the films which were awarded during the festival.

The lower Chamber of the Romanian Parliament voted on Monday the draft law on the National Integrity Agency (ANI) with 204 to two votes and two abstentions. Members of the social democratic (PSD) opposition party refused to vote on the bill and left the meeting.

Car traffic has been closed down on Pipera street, between Calea Floreasca and Barbu Vacarescu St, as works have started on the Pipera – Barbu Vacarescu passage. The traffic shutdown, which started on August 12, will be enforced until October 10.

Family Frost, a vending vans retail company which had entered the local market in 2008, announced its exit from Romania due to lower than expected sales, according to Romanian newspaper Ziarul Financiar, quoting company representatives.

The Romanian feature film “If I Want To Whistle, I Whistle” by Romanian director Florin Serban is Romania’s proposal for the 2011 Academy Awards in the best foreign language film section. (trailer below)

Insurance company Ardaf posted a volume of gross subscribed premiums of EUR 33.2 million (RON 141.1 million) in the first half of the year, which was down 13.5 percent on the same period of last year. However, the company managed to post a profit of EUR 2.1 million (RON 9 million).

Several Romanian ministries and the World Bank are undertaking a Functional Review of their activity to identify actions that would improve the quality and cost-effectiveness of public services in the country, the World Bank has announced

Romania's inflation rate was the highest in the European Union in July this year, compared to the same month of last year, going up from the third place in June. The country's inflation rate was of 7.1 percent, while the average inflation in the EU was of 2.1 percent. Romania's inflation rate was of 4.3 percent in June, while the average in the EU was of 1.9 percent then.

The Romanian Ministry of Public Finances will organize a bid for discounted treasury certificates on Monday, with an estimated value of RON 800 million (around EUR 188 million). The ministry is planning to organize bids and raise as much as RON 4.6 billion (around EUR 1 billion) in August, through seven treasury and bonds issuances.

Fire broke out after a blast at the Giulesti maternity hospital in Bucharest on Monday afternoon. First details point to an explosion in the resuscitation area of the hospital.

The Polish film which has won the Anonimul Film Festival trophy, 'Zero', by Pawel Borowski, will be screened at the Romanian Peasant's Museum between August 17 and 22 in Bucharest. The festival's retrospective will include all the films which were awarded during the festival.

The lower Chamber of the Romanian Parliament voted on Monday the draft law on the National Integrity Agency (ANI) with 204 to two votes and two abstentions. Members of the social democratic (PSD) opposition party refused to vote on the bill and left the meeting.

Car traffic has been closed down on Pipera street, between Calea Floreasca and Barbu Vacarescu St, as works have started on the Pipera – Barbu Vacarescu passage. The traffic shutdown, which started on August 12, will be enforced until October 10.

Family Frost, a vending vans retail company which had entered the local market in 2008, announced its exit from Romania due to lower than expected sales, according to Romanian newspaper Ziarul Financiar, quoting company representatives.

The Romanian feature film “If I Want To Whistle, I Whistle” by Romanian director Florin Serban is Romania’s proposal for the 2011 Academy Awards in the best foreign language film section. (trailer below)

Insurance company Ardaf posted a volume of gross subscribed premiums of EUR 33.2 million (RON 141.1 million) in the first half of the year, which was down 13.5 percent on the same period of last year. However, the company managed to post a profit of EUR 2.1 million (RON 9 million).

Several Romanian ministries and the World Bank are undertaking a Functional Review of their activity to identify actions that would improve the quality and cost-effectiveness of public services in the country, the World Bank has announced

Romania's inflation rate was the highest in the European Union in July this year, compared to the same month of last year, going up from the third place in June. The country's inflation rate was of 7.1 percent, while the average inflation in the EU was of 2.1 percent. Romania's inflation rate was of 4.3 percent in June, while the average in the EU was of 1.9 percent then.