Archive » May 2010 » 14 May 2010 The english news from 14 May 2010

  • Romania still in recession: First-quarter GDP drops 0.3%

    Romania's first-quarter Gross Domestic Product fell 2.6% from the same period of last year, and 0.3% from the fourth quarter 2009.In gross series, the economy contracted by 2.6% in the Jan-Mar period, from the year-ago period, while seasonally-adjusted the contraction was 2.5%…

  • European Commission: Romania does not fulfill euro zone criteria

    Romania does not fulfill the criteria necessary to adopt the euro, even though it made serious progress during its EU integration process, a convergence report adopted yesterday by the European Commission reads. The document analyzez Romania's economic evolution and concludes that there are not sufficient progress to adopt the euro…

  • Romanian-German meeting on fresh cooperation opportunities

    Romanian and German authorities plan to intensify the bilateral cooperation between the two countries and to identify fresh opportunities of economic cooperation, according to a release of the Embassy to Bucharest of the Federal Republic of Germany…

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