13 December 2010

Romanian Senate Chairman Mircea Geoana (in picture) has been suspended for six months from the Social Democratic Party, through a decision by the party's Standing National Bureau, party leader Victor Ponta said Monday. Ponta made it clear that Geoana would still have the Social Democratic Party's endorsement as head of the Parliament's upper house.

13 December 2010

Romania started 2010 under the shadow of the International Monetary Fund (IMF), which, together with the European Commission and the World Bank, gave the country a EUR 20 billion loan in 2009 to weather its economic storm. Initially set out as a safety net loan, the money proved to be life saving. But, as with any loans, this came with a set of strict conditions and paved the way for another loan, expected for 2011.

13 December 2010

Over 30,000 Romanian employees in the mining and energy sectors threatened to go on full-blown strike starting January 10 if power company Electra is not set up and negotiations to create new jobs and prevent collective layoffs in the two sectors are not initiated.

13 December 2010

Street celebrations and street shops return to Bucharest during the winter season. This year, a couple of new Christmas markets have emerged – such as the one in the Old Town, an area of Bucharest which has flourished. See below the list of Christas markets and fairs in Bucharest. Drop us a line if you find a new one and we'll write about it.

13 December 2010

Romanian Senate Chairman Mircea Geoana (in picture) has been suspended for six months from the Social Democratic Party, through a decision by the party's Standing National Bureau, party leader Victor Ponta said Monday. Ponta made it clear that Geoana would still have the Social Democratic Party's endorsement as head of the Parliament's upper house.

13 December 2010

Romania started 2010 under the shadow of the International Monetary Fund (IMF), which, together with the European Commission and the World Bank, gave the country a EUR 20 billion loan in 2009 to weather its economic storm. Initially set out as a safety net loan, the money proved to be life saving. But, as with any loans, this came with a set of strict conditions and paved the way for another loan, expected for 2011.

13 December 2010

Over 30,000 Romanian employees in the mining and energy sectors threatened to go on full-blown strike starting January 10 if power company Electra is not set up and negotiations to create new jobs and prevent collective layoffs in the two sectors are not initiated.

13 December 2010

Street celebrations and street shops return to Bucharest during the winter season. This year, a couple of new Christmas markets have emerged – such as the one in the Old Town, an area of Bucharest which has flourished. See below the list of Christas markets and fairs in Bucharest. Drop us a line if you find a new one and we'll write about it.

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