Romanian government Wednesday approved the final version of its letter of intent to a EUR3.5 billion precautionary loan agreement with the International Monetary Fund, following a review mission the fund completed in August, people familiar with the matter told MEDIAFAX.
The far-right Alliance for the Union of Romanians (AUR) holds a commanding lead in voting intentions for parliamentary elections, according to the latest Informat.ro – INSCOP Research barometer conducted between May 26 and 30. Meanwhile, the traditional parties are losing ground. The data, gathered through 1,150 CATI (computer-assisted...
The Romanian postal company Poşta Română will install terminals for funding cryptocurrency accounts in its post offices as part of a pilot project in partnership with BTR Exchange (Bitcoin Romania), the country’s leading crypto exchange platform. The first terminal is already operational inside Post Office 1 in Tulcea, eastern Romania, and allows users to deposit […]
Romanian and Italian investigators backed by the European Anti-Fraud Office, or OLAF, dismantled a cross-border network involved in the illegal production and smuggling of cigarettes. Searches in Timiș County, western Romania, uncovered 25 million cigarettes, while an illegal cigarette factory was discovered in Italy. "As a result of the investigations carried out, in cooperation with […]
Romanian prosecutor Neculai Cârlescu has accused the leadership of the National Anticorruption Directorate (DNA) of obstructing his investigation into the former head of the Financial Supervisory Authority (ASF), Nicu Marcu. The allegations are detailed in a formal complaint submitted to the Judicial Inspection and reviewed by investigative journalists at
The Supreme Council of National Defense (CSAT) will discuss at its next meeting scheduled for this month the options to include the large-scale tax evasion in the National Defense Strategy and to involve the intelligence services in investigating large-scale tax evasion, president Nicusor Dan confirmed for
Romania has launched a national funding program worth EUR 56 million to support local administrations in producing thermal energy from geothermal water, minister of investments and European projects Marcel Boloș announced on June 3. The financing call is aimed exclusively at local authorities and is intended to reduce dependence on gas by harnessing the country’s […]
