Skyscanner reveals the popular new holiday spots for 2018 – with Romania, Dubrovnik and BRISTOL all making the list

2017-12-18 08:01:00
WHILE most of us are still busy getting Christmas presents ready, some early birds have already booked their holidays for next year. If you're stuck for some travel inspiration, it could be worth following the crowd for a break with a difference in 2018 ...

Turkish supplier of Arctic to invest EUR 50 mln in plant in Romania

2017-12-18 07:30:00
Turkish group Akim Metal will open a factory in Vacaresti, Dambovita county, which will supply components for the Arctic washing machines produced by the Turkish group Arçelik in Romania. The investment is estimated at EUR 50 million, reports local Profit.ro.

Romania’s Ice Hotel, fully booked before opening

2017-12-18 05:35:00
The Ice Hotel near Balea Lake in Fagaras Mountains is fully booked for the winter holidays period. The hotel, the only one of this kind in South-Eastern Europe, is not yet completely built. It will open on December 23. Bernhard Moestl, the marketing ...

EU opens investigation into Romania state aid for rail operator

2017-12-18 04:13:00
BRUSSELS (Reuters) - The European Commission opened an in-depth investigation on Monday into Romanian state support for rail freight operator CFR Marfa, saying debt write-offs many have given the company an unfair advantage. The Commission, which oversees ...

Romania’s Govt. plans EUR 8 bln external loans in the next 2 years

2017-12-18 03:30:00
Romania’s Government wants to borrow about EUR 8 billion from foreign markets in the next two years to cover the budget deficit, which is now at the maximum level allowed by the EU, and to refinance external debts that will mature. For the operation to ...

An English 'prince' in a Romanian feud: Is the next King of Romania an English schoolboy?

2017-12-18 03:13:00
A king who led his country through a war, only to be banished by the communists; a princess who broke the heart of a future British PM; another royal stripped of her title after an illegal cockfighting scandal and a handsome prince cut adrift after claims ...

Funeral of Romania's King Michael draws big crowds in Bucharest

2017-12-18 01:35:00
Representatives of several European and international royal families arrived in Romania to attend the funeral of King Michael, on December 16. King Michael of Romania died on 5th of December at his home in Switzerland after years of ill health. The funeral ...

Over 2 million foreign tourists spend EUR 1 bln in Romania

2017-12-18 01:30:00
Over two million foreign tourists spent RON 4.67 billion (EUR 1 billion) in Romania in the first nine months of this year. Most of them came to Romania for business and conferences during this period, according to data the National Statistics Institute ...

Transforming Romania’s child protection system in partnership with civil society

2017-12-18 00:59:00
Romania should use its presidency of the EU Council to champion the move from old-style care institutions to community-based child care and show other EU member states it can be done, writes Jana Hainsworth. Jana Hainsworth is secretary general of ...