Archive » August 2010 » 11 August 2010 The english news from 11 August 2010

  • Investor confidence in Romanian business environment drops

    Investor confidence in the Romanian business environment worsened significantly this summer following three quarters of positive evolution, a survey conducted by Reuters and OeKB Austria shows. On the other hand, the business environment improved in the region, with significantly better situations being reported in Russia and Ukraine, Mediafax informs.…

  • Deputies' Chamber judicial commission issues approving report on ANI Law

    The Judicial Commission in the lower Deputies' Chamber has issued an approving report on the National Integrity Agency (ANI) Law in an unanimous vote, after four-hour long debates. 'I believe that what we did in the Judicial Commission today will resist any attack at the Constitutional Court, since we tried to observe the legal technique norms as well as to respect the right to a private life.…

  • The mystery behind the anti-crisis donations made by officials

    Why are directors from outside Bucharest donating? "We respected that memo…" Is there a written order? "Let's say it was a suggestion". The race for donations meant to help the state budget continues. After he provided the example, being the first person to donate his May salary of 6702 Romanian Lei to the Treasury account, the name of President Traian Basescu is no longer on the list of donors to the state budget for July.…

  • Romania's current-account deficit widens 50 pct in H1 2010

    In January-June 2010, Romania's balance-of-payments current account posted a deficit of EUR 3,647 million, 50.0 percent higher than in the same period of 2009, due largely to the 49.9 percent decrease year on year in current transfers surplus, the National Bank of Romania (BNR) reported on Wednesday.…

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