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Romania News Headlines

Romania seeks probe into ex-ministers in school software deal
BUCHAREST (Reuters) - Romania's anti-corruption prosecutor's office, or DNA, is seeking to launch a criminal inquiry against nine ex-government ministers suspected of money laundering, abuse of office and bribery related to Microsoft educational licenses from 2004 to 2009. Some officials backed the closing of a 2004 leasing contract for licenses and its extension to educational Microsoft ...(9/27/2014 7:41:29 PM)
REUTERS SUMMIT-Romania Raiffeisen CEO says consolidation is "unavoidable"
* Says Romania needs predictable business climate BUCHAREST, Sept 30 (Reuters) - Consolidation in Europe's banking sector is unavoidable and could partly be triggered by the current asset quality review (AQR) of European lenders, Raiffeisen Bank Romania CEO Steven van Groningen told Reuters. Van Groningen said at the Reuters Eastern Europe Investment Summit that Raiffeisen could look at taking ...(9/30/2014 7:01:31 AM)
Romania Cuts Key Interest Rate to Record Low as Economy Slows
Romania’s central bank cut its benchmark interest rate to a record low as inflation slowed more than estimated in August and economic growth lost pace.(9/30/2014 6:57:05 AM)
Trial of prison chief stirs memories of Romania's Stalinist past
By Radu-Sorin Marinas CAMPINA Romania (Reuters) - Valentin Cristea still remembers what life was like in one of the most grisly jails under Romania's former communist rulers, where political prisoners were sent. "We were not allowed to sit on the bed until it was time to sleep at 10 pm," said Cristea, now 84, who spent six years in Ramnicu Sarat prison in eastern Romania and lost 20 kg (44 ...(9/24/2014 12:50:15 PM)
Romania Central Bank Revises Down 2013 FDI to EUR2.71 Billion
Romania Central Bank Revises Down 2013 FDI to EUR2.71 Billion(9/30/2014 10:43:40 AM)
Romanian Government Announces Launch of Cantus Mundi, Social Integration Through Music
The Prime Minister of Romania has announced government backing for a ground-breaking social integration project that uses choral music to bring together children from the country's disparate ethnic groups. Cantus Mundi, the creation of internationally-renowned orchestra conductor Ion Marin, was formed two-and-a-half years ago on a voluntary basis, and has already seen the participation of 1,600 ...(9/30/2014 7:45:00 AM)
Cup debutants FC Romania plot upset
FC Romania, formed in 2006, aim to upset famous giant-killers Sutton United in the FA Cup second qualifying round.(9/26/2014 1:14:42 PM)
Romania puts ex-communist prison chief on trial
BUCHAREST, Romania (AP) — A former Romanian prison commander appeared in court Wednesday to face charges of torture and causing the deaths of 12 political prisoners in the nation's first trial of the head of a communist lockup.(9/24/2014 8:27:39 AM)
Romania Central Bank Cuts Rates For Second Month
Romania's central bank on Tuesday cut its key interest rate for a second straight session to a record low amid slowing inflation and growth.(9/30/2014 9:38:59 AM)
Romania's spy chief quits, will run for president
BUCHAREST, Romania (AP) — The head of Romania's foreign spy agency has resigned to run for president in the Nov. 2 election, fueling debate about the presence of spies in the country's political life.(9/22/2014 11:17:43 AM)
Source: Yahoo