The euro has dropped to an 11-month low against the dollar as concerns continue over the future of the eurozone, BBC reports. The euro fell below USD 1.31 for the first time since January. Against the pound, one euro bought 84.20 pence. Last week, 26 of the 27 members of the European Union backed new [...]
The judges of the High Court of Cassation and Justice decided on Friday, September 20, to send the case targeting the Romanian Revolution of 1989, in which former president Ion Iliescu faces charges of crimes against humanity, back to the Military Prosecutor's Office to correct certain irregularities in the indictment. On June 14, another Supreme […]
The internationally acclaimed exhibition "Bearing Witness", created by two-time Pulitzer Prize-winner, photographer Muhammed Muheisen, and Howard G. Buffett, Chairman and CEO of the Howard G. Buffett Foundation has officially opened in Romania. As the country stands on the edge of the ongoing conflict at its borders, the exhibition takes on a deeper meaning, bringing to […]
The 3000-year-old Dacian gold bracelet auctioned during the September 17 event at the Cesianu-Racoviță Palace in Bucharest will be exhibited at the Brukenthal National Museum in Sibiu, the A10 by Artmark auction house announced. The spectacular piece of jewelry was purchased for EUR 35,000 (from a starting price of EUR 7,000) by an art and […]
Polish PragmaGO, a leading non-bank provider of SME finance in CEE, started its international expansion from the Romanian market through the acquisition of an 89% shareholding in Telecredit IFN SA (operating under the brand name Omnicredit) from investment company Reconstruction Capital II Limited (RC2) and Elisa Rusu, Telecredit's CEO, for an initial consideration of EUR […]
Former NATO deputy secretary general Mircea Geoană and prime minister Marcel Ciolacu lead in the latest presidential poll carried out by INSCOP Research for the Institute for Freedom and Democracy. Mircea...
Almost 7,000 households (6,939) in 28 communes were severely hit by the floods in Galati county, according to the updated estimates published by the local authorities on the evening of September 19. "From the data available at this moment, 28 communes are affected by floods. The data at this moment are estimates and were communicated […]
