President Klaus Iohannis requested the government to clarify the intention regarding pension pillar II. "This pillar was designed, the related legislation was created and people started to pay, believing that when they retire, they will benefit fr...more »

The municipal bond issue of 555 million from the Bucharest City will start trading on the Bucharest Stock Exchange (BVB) Regulated Market and has been oversubscribed by almost 50pct, according to Gabriela Firea, General Mayor of Bucharest....more »

Prime Minister of Romania Viorica Dancila welcomed the U.S. Ambassador H.E. Hans Klemm on a presentation visit. On the occasion of the meeting, the Romanian Prime Minister and the U.S. Ambassador briefy reviewed the Romania-U.S. Strategic Partnership, noting its very positive dynamics in 2017 and its further development prospects. ...more »

Prime Minister designate Viorica Dancila announced the list with the proposed ministers for the new Government. The Dancila cabinet will include four Deputy prime Ministers and the nominations for the portfolios are:...more »

Social Democratic Party (PSD) forces the resignation of the second government in a year as Prime Minister Mihai Tudose resigned n Monday evening, at the end of the PSD leadership session. Deputy Prime Minister Marcel Ciolacu also submitted his resignation from the position held in the Government saying he would return "with his head up" to Parliament, where he would continue to "dedicate himself to the public service in the benefit of Romania. "...more »

Romania is firm to its position as to the creation of two states, Israel and Palestine declared Minister of Foreign Affairs Teodor Melescanu, pointing out that the two sides need to discuss and not resort to measures that could have a negative impact on negotiations. ...more »

The Senate Defense Committee gave a favorable report to the government's draft law on Army endowment to purchase seven Patriot sol-air missile systems. The Government's draft law on the implementation of Ground Defense Air Defense Capability related to the Essential Endowment Program "HSAM" has been registered with the Senate on November 9, with the request to be debated in an emergency procedure. The bill covers the purchase of seven Patriot ground-to-air missile systems, four for the Air Force and three for Ground Forces, and related equipment, totaling about $ 4.62 billion including VAT....more »

The European Commission issued its latest report on steps taken by Romania to meet its commitments on judicial reform and the fight against corruption, in the context of the Cooperation and Verification Mechanism (CVM) set up when the country joined the European Union in 2007, informs a release of the Community Executive quoted by Agerpress. The report looks concretely at the progress made to meet the 12 recommendations issued by the Commission in its January 2017 CVM Report....more »

As a result of emerging public interpretations, the Government Press Office released the Prime Minister Mihai Tudose’ statement that he voted in Parliament for a ban on cyanide mining. The Prime Minister specifies that he voted for the repeal of the bill on measures related to gold-silver ore exploitation at Rosia Montana and to stimulate and facilitate the development of mining activities in Romania....more »

Over 20,000 people gathered on Sunday in Bucharest and other major cities of Romania to protest against the draft laws on justice. Under the slogan "We don't want to be a nation of thieves!" they demanded the resignation of Justice Minister Tudorel Toader and directed messages against the rulling coallition PSD-ALDE and parliamentarians seen as tools of the corrupt....more »