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Ombudsman institution takes notice of Buzau Co. Hospital children’s incident

January 30, 2013

State Secretary Ionel Oprea, Deputy Ombudsman on the rights of children, family, youth, pensioners and people with disabilities, yesterday announced that the Institution of the Ombudsman took notice as early as Monday of the case of the children tied with dressings to beds in the Pediatrics Section of the Buzau County Hospital, as officials at [...]

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Romania to pay USD 600 mln to Lockheed Martin for training F-16 pilots

Romania’s acting minister of defence, Radu Miruță, has asked Parliament to grant prior approval for the signing of a framework agreement with Lockheed Martin for the training of F-16 flight personnel at the European F-16 Training Center (EFTC) hosted in Romania,

Former Social Democrat transport minister detained in bribery complicity probe in Romania

Former Social Democrat (PSD) transport minister Răzvan Cuc was detained by prosecutors from the National Anticorruption Directorate (DNA) on suspicion of complicity in bribery, the DNA announced on Tuesday, December 16. Cuc, a member of the Social Democratic Party who served as minister of transport in the governments led by Sorin Grindeanu (currently the leader […]

Romanian state bank CEC secures EUR 25 mln EIB climate transition loan

Regions across Romania will receive a financing boost as a result of a EUR 25 million loan that CEC Bank is receiving from the European Investment Bank (EIB).  CEC Bank will channel the EIB credit into public-sector projects that promote sustainable economic development, particularly in Romanian regions where the shift to a greener industry is […]

Romania ponders converting military airbase near Bucharest into military and civil airport

Local authorities in Buzău aim to convert the nearby military airbase Boboc, 117 km northeast of Bucharest, into a secondary airport with dual military and civil use. The final decision will be based on Romania's security interests and requires multiple permits, the Ministry of Defence said, according to Adevarul.ro. ...

Romanian retail investors’ interest shifts to long-term, euro-denominated state debt

Romanians purchased RON 1.49 billion (nearly EUR 300 million) under the last Fidelis issue this year, organised by the Treasury in December, with over two-thirds of the money being placed in euro-denominated debt and more than one-third of the total being placed in long-term 10-year euro-denominated debt with a 6.2% coupon attached, according to data […]

Romania plans 380 hectares of forest shelterbelts as desertification advances in the south, minister says

Environment minister Diana Buzoianu announced that the ministry she leads has launched the procedures for a feasibility study aimed at planting 380 hectares of forest shelterbelts in southern Romania, a region increasingly affected by desertification. According to the announcement, the project would result in more than 126 kilometers of tree lines planted along national roads. […]