'Sanzienele' is a Romanian tradition with pre-christian roots which is celebrated on June 24 – which coincides with the Orthodox holiday Ioan Botezatorul (St. John the Baptist). It is a midsummer tradition which celebrates nature and fecundity.

Sanzienele are also called Dragaica in some regions of the country (Muntenia, Oltenia). The word “sanziene” is also used for a plant with golden flowers, which are gathered into wreaths and placed in the house to protect the house and its inhabitants from evil spirits. The legend goes that Sanzienele are young girls who give their magical powers to flowers and herbs during this period.

One of the early books, and for now, the first translated into English, of a wonderful Romanian writer, which was first published under the name “The Dream”- such a title as “Nostalgia” being unacceptable during Communism. The first edition also lacks an important short story, ”The Roulette Player”, for the same reasons of censorship. It also contains what is probably one of Cartarescu's best writings: REM.

Norwegian energy company Statkraft, which was looking for investment opportunities in Romania, has decided to pursue its investment plans elsewhere due to the unfavorable investment climate in Romania. Statkraft has chosen Albaine and Turkey for its up to EUR 1.3 billion investment projects, according to Mediafax quoting local company representatives.

The International Monetary Fund will evaluate Romania's economic performances as part of the ongoing stand-by agreement on its board meeting on June 28, according to the fund. The IMF board will decide whether Romania will get the fifth loan installment, pending on the implementation of the cost cutting measures the country has pledged to take. The state clerk salary and pensions cuts were among those measures. These cost cutting measures are expected to lead to a budget deficit of 6.8 percent of the GDP this year, higher than the previously agreed target of 5.9 percent.

The Romanian state is cashing in just a third of the road taxes it should receive due to the lack of an efficient control system, according to the Transport Ministry. The annual road tax potential for the state would be of EUR 500 million, but the actual road tax payments cover only EUR 130 million. This is one of the reasons for which Romania has problems with repairing roads, according to Sorin Sirbu, head of the road transport direction with the Transport Ministry. The extra amounts would still not be enough to cover the required investments in Romania's road infrastructure without a proper budget.

Constantin Tampiza, the local head of oil company Lukoil, had left the helm of the company and has been replaced by Maxim Khitrov, who became the new CEO of the local subsidiary.

How do you think Romania can be re-started and by whom (or by what)? What road should the country follow to achieve a higher level of economic development, which would allow its citizens to live decent lives? You might have seen how things were done in other countries. Share the knowledge. What would you do if you were to run this car?

The Romanian Anti-Corruption Body (DNA) has accused local media owner and journalist Dan Diaconescu of blackmailing and...

The Romanian state is cashing in just a third of the road taxes it should receive due to the lack of an efficient control system, according to the Transport Ministry. The annual road tax potential for the state would be of EUR 500 million, but the actual road tax payments cover only EUR 130 million. This is one of the reasons for which Romania has problems with repairing roads, according to Sorin Sirbu, head of the road transport direction with the Transport Ministry. The extra amounts would still not be enough to cover the required investments in Romania's road infrastructure without a proper budget.

Headlines in Romanian media on Monday, June 21st, 2010: Loan installments cost Romanians 5 billion euros a year– in Ziarul Financiar

Tampiza leaves Lukoil Romania after 8 years at the helm – in Ziarul Financiar

Finance Ministry announces 16% tax on interests and luncheon vouchers as of July 1 – in Ziarul Financiar

First official loss of a mall: 40 million euros – in Ziarul Financiar

P&G to produce its first Head & Shoulders shampoo “made in Urlati” in July – in Ziarul Financiar

Cocor expects 10,000 visitors a day – in Ziarul Financiar

'Sanzienele' is a Romanian tradition with pre-christian roots which is celebrated on June 24 – which coincides with the Orthodox holiday Ioan Botezatorul (St. John the Baptist). It is a midsummer tradition which celebrates nature and fecundity.

Sanzienele are also called Dragaica in some regions of the country (Muntenia, Oltenia). The word “sanziene” is also used for a plant with golden flowers, which are gathered into wreaths and placed in the house to protect the house and its inhabitants from evil spirits. The legend goes that Sanzienele are young girls who give their magical powers to flowers and herbs during this period.

One of the early books, and for now, the first translated into English, of a wonderful Romanian writer, which was first published under the name “The Dream”- such a title as “Nostalgia” being unacceptable during Communism. The first edition also lacks an important short story, ”The Roulette Player”, for the same reasons of censorship. It also contains what is probably one of Cartarescu's best writings: REM.

Norwegian energy company Statkraft, which was looking for investment opportunities in Romania, has decided to pursue its investment plans elsewhere due to the unfavorable investment climate in Romania. Statkraft has chosen Albaine and Turkey for its up to EUR 1.3 billion investment projects, according to Mediafax quoting local company representatives.

The International Monetary Fund will evaluate Romania's economic performances as part of the ongoing stand-by agreement on its board meeting on June 28, according to the fund. The IMF board will decide whether Romania will get the fifth loan installment, pending on the implementation of the cost cutting measures the country has pledged to take. The state clerk salary and pensions cuts were among those measures. These cost cutting measures are expected to lead to a budget deficit of 6.8 percent of the GDP this year, higher than the previously agreed target of 5.9 percent.

The Romanian state is cashing in just a third of the road taxes it should receive due to the lack of an efficient control system, according to the Transport Ministry. The annual road tax potential for the state would be of EUR 500 million, but the actual road tax payments cover only EUR 130 million. This is one of the reasons for which Romania has problems with repairing roads, according to Sorin Sirbu, head of the road transport direction with the Transport Ministry. The extra amounts would still not be enough to cover the required investments in Romania's road infrastructure without a proper budget.

Constantin Tampiza, the local head of oil company Lukoil, had left the helm of the company and has been replaced by Maxim Khitrov, who became the new CEO of the local subsidiary.

How do you think Romania can be re-started and by whom (or by what)? What road should the country follow to achieve a higher level of economic development, which would allow its citizens to live decent lives? You might have seen how things were done in other countries. Share the knowledge. What would you do if you were to run this car?

The Romanian Anti-Corruption Body (DNA) has accused local media owner and journalist Dan Diaconescu of blackmailing and...

The Romanian state is cashing in just a third of the road taxes it should receive due to the lack of an efficient control system, according to the Transport Ministry. The annual road tax potential for the state would be of EUR 500 million, but the actual road tax payments cover only EUR 130 million. This is one of the reasons for which Romania has problems with repairing roads, according to Sorin Sirbu, head of the road transport direction with the Transport Ministry. The extra amounts would still not be enough to cover the required investments in Romania's road infrastructure without a proper budget.

Headlines in Romanian media on Monday, June 21st, 2010: Loan installments cost Romanians 5 billion euros a year– in Ziarul Financiar

Tampiza leaves Lukoil Romania after 8 years at the helm – in Ziarul Financiar

Finance Ministry announces 16% tax on interests and luncheon vouchers as of July 1 – in Ziarul Financiar

First official loss of a mall: 40 million euros – in Ziarul Financiar

P&G to produce its first Head & Shoulders shampoo “made in Urlati” in July – in Ziarul Financiar

Cocor expects 10,000 visitors a day – in Ziarul Financiar