Headlines

Romania’s operational leasing market reached 60,000 units at the end of 2016

2017-01-19 07:29:00
Romania’s operational leasing market reached 60,000 units last year, according to the estimations from the beginning of the year, which is a growth of 8 percent compared with the end of 2015, according to the Association of Operational Leasing Firms (ASLO).

Dacia Trying to Woo Pakistan – Keen on Investing in the Country

2017-01-19 06:53:00
Romania intends to invest in Pakistan and is also keen to become a part of CPEC (China Pakistan Economic Corridor). In the recent development, sources have reported that Romani is currently in negotiation with Pakistani government and is close to a settlement.

Romania’s former PM criticizes Government’s plan to pardon prisoners

2017-01-19 06:29:00
Romania’s former Prime Minister Dacian Ciolos criticized the new Government’s plan to pardon prisoners, saying that this approach is not in the best interest of citizens. The Government was expected to decide on several important changes to the ...

Anti-graft protesters to gather Sunday in several Romanian cities, abroad

2017-01-19 06:21:00
According to Minister of Justice, Florin Iordache, around 2,500 detainees would be pardoned, helping reduce overcrowding in Romania’s jails, which have an occupancy rate of 150 percent. However, the National Anticorruption Directorate (DNA) warned that ...

Man who sexually assaulted 12-year-old as she walked dog was jailed in Romania for attempted murder

2017-01-19 04:54:00
A SEXUAL predator who targeted a 12-year-old girl as she was walking her dog before going to school has been jailed for 15 months. She was left shocked by what happened and was later afraid to go to school on her own, a court heard. Florin Fechete, 33, of ...

ROMANIA IN TURMOIL: Protesters furious over plans to pardon thousands of criminals

2017-01-19 03:48:00
Politicians have been trying to push through laws which would enable them to excuse thousands of convictions in a bid to ease over-crowding in prisons. Around 3,000 people gathered in Bucharest as protests took place across the country including in the ...

Romania moves against fight against corruption, tensions involving intelligence services intensify

2017-01-19 03:32:00
The Romanian government is expected to adopt an emergency ordinance on Wednesday to change criminal law in a serious way, governmental sources have told HotNews.ro. The exact scope of the changes is not clearly known, but they are expected to target key ...

CEE MARKETS-Bonds ease on Yellen, before auctions in Hungary, Romania

2017-01-19 02:53:00
* Bond yields rise across the region as Yellen signals rate hikes * Hungary, Romania hold bond auctions, yields seen up By Sandor Peto and Jason Hovet BUDAPEST/PRAGUE, Jan 19 Central European government bond yields rose on Thursday, ahead of bond auctions ...

Romania’s Government plans to redefine abuse of power in criminal law

2017-01-19 02:38:00
Romania’s Government plans to bring several changes to the country’s criminal laws via emergency ordinance. One such change aims to redefine abuse of power in the Penal Code, according to an emergency ordinance draft published by the Justice Ministry ...