Before you can understand the Romanian people, you should learn a bit about how it was born.The Romania ethnogenesis...

Several Chinese companies have discussed the possibility of investing in wind farms, agriculture and the mining system in Romania with the local Government in the last month, in an attempt to increase trade in Eastern Europe. Among the planned Chinese projects in Eastern Europe is a EUR 1 billion thermal power plant, according to the Financial Times.

The Romanian currency RON has continued to depreciate on Monday, after the week-end announcement about the VAT increase and after having suffered a first round of depreciation last Friday, after the Constitutional Court ruled out the decrease of pensions.

The exchange rate reached RON 4.37 for EUR on the inter-banking market towards the end of the day, after foreign investors have bought euro.

Housing trading prices in Romania dropped by 3.9 percent in the first quarter of the year compared to the same period of last year, according to the first real estate index published by the Romanian Institute of Statistics (INS). The data collected was based on information provided by notaries starting January 2009.

Flooding has caused a death toll of 16 so far, with other nine people gone missing, after as many as 28 counties in the country were affected by heavy rain. The flooding is expected to cause damages higher than 0.6 percent of the Romanian GDP, according to Interior Minister Vasile Blaga, who said the country will use the EU solidarity fund for help.

Romanian media
Bad news from Romania hurt forint, Romania market is too small – in Ziarul Financiar, Euro up to new all time highs, NBR won’t intervene – in Ziarul Financiar, Budget deficit climbs by another 1bn euros in May, to 3.1% of GDP – in Ziarul Financiar, Reduced VAT rates of 9% and 5% remain unmodified – in Ziarul Financiar

Romtelecom tailors voice and Internet offer for renewed consumption decline – in Ziarul Financiar

10 largest consumer goods firms: The crisis, visible in halved profits – in Ziarul Financiar

The Romanian currency RON has continued to depreciate on Monday, after the week-end announcement about the VAT increase and after having suffered a first round of depreciation last Friday, after the Constitutional Court ruled out the decrease of pensions.

The exchange rate reached RON 4.37 for EUR on the inter-banking market towards the end of the day, after foreign investors have bought euro.

The Romanian currency has further depreciated today and the Romanian Central bank has published a rate of RON 4.35 for an EUR. The US dollar has also strengthened, reaching a record rate of RON 3.56 for a USD.

Flooding has caused a death toll of 16 so far, with other nine people gone missing, after as many as 28 counties in the country were affected by heavy rain. The flooding is expected to cause damages higher than 0.6 percent of the Romanian GDP, according to Interior Minister Vasile Blaga, who said the country will use the EU solidarity fund for help.

Several Chinese companies have discussed the possibility of investing in wind farms, agriculture and the mining system in Romania with the local Government in the last month, in an attempt to increase trade in Eastern Europe. Among the planned Chinese projects in Eastern Europe is a EUR 1 billion thermal power plant, according to the Financial Times.

Before you can understand the Romanian people, you should learn a bit about how it was born.The Romania ethnogenesis...

Several Chinese companies have discussed the possibility of investing in wind farms, agriculture and the mining system in Romania with the local Government in the last month, in an attempt to increase trade in Eastern Europe. Among the planned Chinese projects in Eastern Europe is a EUR 1 billion thermal power plant, according to the Financial Times.

The Romanian currency RON has continued to depreciate on Monday, after the week-end announcement about the VAT increase and after having suffered a first round of depreciation last Friday, after the Constitutional Court ruled out the decrease of pensions.

The exchange rate reached RON 4.37 for EUR on the inter-banking market towards the end of the day, after foreign investors have bought euro.

Housing trading prices in Romania dropped by 3.9 percent in the first quarter of the year compared to the same period of last year, according to the first real estate index published by the Romanian Institute of Statistics (INS). The data collected was based on information provided by notaries starting January 2009.

Flooding has caused a death toll of 16 so far, with other nine people gone missing, after as many as 28 counties in the country were affected by heavy rain. The flooding is expected to cause damages higher than 0.6 percent of the Romanian GDP, according to Interior Minister Vasile Blaga, who said the country will use the EU solidarity fund for help.

Romanian media
Bad news from Romania hurt forint, Romania market is too small – in Ziarul Financiar, Euro up to new all time highs, NBR won’t intervene – in Ziarul Financiar, Budget deficit climbs by another 1bn euros in May, to 3.1% of GDP – in Ziarul Financiar, Reduced VAT rates of 9% and 5% remain unmodified – in Ziarul Financiar

Romtelecom tailors voice and Internet offer for renewed consumption decline – in Ziarul Financiar

10 largest consumer goods firms: The crisis, visible in halved profits – in Ziarul Financiar

The Romanian currency RON has continued to depreciate on Monday, after the week-end announcement about the VAT increase and after having suffered a first round of depreciation last Friday, after the Constitutional Court ruled out the decrease of pensions.

The exchange rate reached RON 4.37 for EUR on the inter-banking market towards the end of the day, after foreign investors have bought euro.

The Romanian currency has further depreciated today and the Romanian Central bank has published a rate of RON 4.35 for an EUR. The US dollar has also strengthened, reaching a record rate of RON 3.56 for a USD.

Flooding has caused a death toll of 16 so far, with other nine people gone missing, after as many as 28 counties in the country were affected by heavy rain. The flooding is expected to cause damages higher than 0.6 percent of the Romanian GDP, according to Interior Minister Vasile Blaga, who said the country will use the EU solidarity fund for help.

Several Chinese companies have discussed the possibility of investing in wind farms, agriculture and the mining system in Romania with the local Government in the last month, in an attempt to increase trade in Eastern Europe. Among the planned Chinese projects in Eastern Europe is a EUR 1 billion thermal power plant, according to the Financial Times.