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Bucharest to host 5th edition of European Literature Night on September 9

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By   5 months ago

Bucharest, August 22, 2016/Independent Balkan News Agency The 5th edition of the European Literature Night in Bucharest, an event by the EUNIC European Network of Cultural Institutes hosted annually by more than 70 cities from around the world, will be held in the central area of the city on September 9. Organisers say the event […]

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Two Romanian movies in the lineup for Palme d’Or

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By   9 months ago

Bucharest, April 14, 2016/Independent Balkan News Agency By Irina Stoica Two Romanian director have shots at this year’s Palme d’Or, marking an unprecedented success. Cristian Mungiu and Cristi Puiu’s movies have been selected in the official lineup of the Cannes Festival that takes place in May, according to information made public by the festival’s organizers. […]

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Public fundraiser for Brancusi sculpture has started

cumintenia

By   9 months ago

Bucharest, April 12, 2016/Independent Balkan News Agency By Irina Stoica The public fundraiser aimed at purchasing a famous sculpture by Constantin Brancusi hasofficially started. It was the Minister of Culture who made the first donation in this effort where the Government hopes for a huge public support in order to gather 6 million euros. On the 16th of March, […]

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Romania launches national subscription for thesaurus sculpture

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By   10 months ago

Bucharest, March 18, 2016/Independent Balkan News Agency By Irina Stoica Romanians will be asked to make a financial contribution to help the Government buy a thesaurus sculpture by the country’s most famous artist, Constantin Brancusi. The Ministry of Culture will soon launch a national subscription to help the acquisition Brancusi’s “Wisdom of the Earth”. The […]

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Record selling price form Romanian painter

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By   12 months ago

Bucharest, February 12, 2016/Independent Balkan News Agency By Irina Stoica A painting by Romanian-bord artist Adrian Ghenie sold for 4,000,000 euros (3,1 GBP) at an auction, setting an all-time record for the young painter. Sotheby’s hosted the auction in London. “The Sunflowers in 1937” is a large oil-on-canvas work is inspired by Vincent van Gogh’s […]

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Romanian artist honored by Queen Elisabeth II

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By   1 year ago

Bucharest, January 4, 2016/ Independent Balkan News Agency By Irina Stoica Romanian pianist Radu Lupu has managed to „play” his way to one of the highest distinctions offered by Queen Elisabeth the II nd. Lupu was appointed as a Commander of the Order of the British Empire (CBE) title for “his services to music”, according […]

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Famous actress Glenn Close starred in Bucharest

ON EMBARGO UNTIL 11/13/2007NEEDS PUBLICIST APPROVALHIGHER RATESNO TABLOIDS

 ** Publicist Approval Needed ** 
Actress Glenn Close is photographed for People Magazine in New York, NY. - INACTIVE - APPROVED RETOUCH IN NEW EVENT
Glenn Close
New York, NY United States
August 13, 2007
Photo by George Holz/ContourPhotos.com

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By   1 year ago

Bucharest, October 26, 2015/Independent Balkan News Agency By Irina Stoica The wide space outside the National Library in Bucharest turned into a film set. The last scenes starring Glenn Close from the American Science-Fiction movie “What Happened to Monday” were shot in Bucharest on Sunday. The famous actress, well-known for leading roles in films such as […]

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Painting with troubled past goes on sale

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By   1 year ago

Bucharest, October 16, 2015/Independent Balkan News Agency By Irina Stoica A painting classified as a thesaurus piece and part of Romania’s cultural heritage will be put on sale by the end of the month in Bucharest. ″Anemone″ (Anemones) is probably the best-known painting by Romanian artist Stefan Luchian. The starting price for the auction is 150,000 euros. Painted in 1908, this work […]

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RO Business View All →

Romania’s FDI at end-November grew to 8-year record

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By   1 week ago

Non-residents’ direct investment in Romania totalled EUR 3,928 million in the first eleven months of 2016, up by 22 percent compared to the same period of the previous year, when FDI reached EUR 3,218 million, National Bank of Romania (BNR) data reveal on Friday. This represents a record level of the last eight years. Thus, […]

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High interest rates and fees, guarantees, bureaucracy – main hindrances in companies’ accessing loans (survey)

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By   1 month ago

High taxation, fiscal environment unpredictability and competition, as well as the access to finance remain the main problems the companies in Romania are confronted with, reads a Survey on the access to finance of non-financial companies in Romania, logged in December 2016, and carried by the National Bank of Romania (central bank, BNR). “Also found […]

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Romania posts the highest annual increases in hourly labour costs

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By   1 month ago

Hourly labour costs rose by 1.5 percent in the euro area (EA19) and by 1.9 percent in the EU28 in the third quarter of 2016, compared with the same quarter of the previous year, Romania recording the highest annual increase among Member States – 14.7 percent, according to Eurostat, the statistical office of the European […]

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Ten-month arrivals in tourist accommodation establishments up by almost 11 pct YoY

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By   2 months ago

January – October 2016 arrivals in Romania’s tourist accommodation establishment were almost 11 pct higher YoY, topping 9.43 million, the National Institute of Statistics (INS) announced in a release. “Of the total number of the arrivals in hospitality facilities over Jan. 1 — Oct. 31, 2016, Romanian tourists accounted for 77.1 pct, while foreign tourists […]

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Romania – second in EU by October’s retail trade growth

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By   2 months ago

The volume of Romania’s retail trade increased by 8.7 percent in October 2016 compared to the same month of the year before, making this the second month in a row when Romania’s performance is surpassed only by Luxembourg in the EU ranking by retail trade growth, shows data released on Monday by the European Statistical […]

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Bulgaria reports negative foreign trade balance for January – September 2016

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By   2 months ago

Bulgaria had a negative foreign trade balance from January to September 2016, the National Statistical Institute (NSI) said on November 9, citing preliminary figures. Reporting on trade both with non-EU and other EU countries, the NSI said that in January to September 2016, the value of all exported goods from Bulgaria amounted to 33 740.1 […]

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EBRD has revised upwards Romania’s economic growth forecast in 2016 to 4.8 pc

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By   3 months ago

European Bank for Reconstruction and Development (EBRD) has revised upward on Thursday, the economic growth forecast for Romania for 2016 from 4 percent to 4.8 percent and from 3.5 percent to 3.7 percent forecast for 2017. “South-eastern Europe as a whole is on the rise. Greece is turning around thanks to a good season for […]

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Commissioner Oettinger: Romania to become an important player in European digital market

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By   3 months ago

We are living a digital revolution. There’s a shift now towards digital technologies that have started to spread to all the sectors of society and the economy. Your country is highly digitalised. The banks are digitalized, mass media is digitalised. Everything changes. The whole industry experiences this transformation. Our American partners have a clear strategy, […]

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RO Energy View All →

Price of electric power peaks to EUR 100/MWh on the OPCOM spot market

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By   6 days ago

The price of electric power on the OPCOM spot market has peaked to RON 449 (EUR 100)/MWh Monday morning, during the interval 9.00h-10.00h, similar to the one on the markets in Hungary, Slovakia and Czech Republic, according to the OPCOM website. The development is the result of the huge increase in consumption in Romania during […]

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Gov’t Oks decision allowing ban of energy exports in crisis situations. Transelectrica: Energy crisis, imminent

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By   1 week ago

The government approved on Thursday during the ordinary sitting a decision allowing the ban of electricity exports during crisis situations, in force from January 16-February 15, the Ministry of Energy informs. According to a release, Energy Minister Toma Petcu presented on Thursday an analysis regarding the functioning of the National Energy System following six days […]

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Bulgaria-Romania gas interconnector pipeline finished

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By   2 months ago

Bulgarian Prime Minister Boiko Borissov opened at a ceremony on November 11 the gas interconnector pipeline with Romania, describing it as a key step towards diversification of gas supply sources and strengthening Bulgaria’s energy security. This is the first of three interconnector pipelines Bulgaria plans to build with neighbouring countries, but link-ups with Serbia and […]

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OMV Petrom to transfer 19 onshore oil fields in Romania to Mazarine Energy

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By   3 months ago

OMV Petrom S.A. (OMV Petrom), the largest oil and gas producer in South-Eastern Europe and Mazarine Energy Romania S.R.L., a fully owned Romanian subsidiary of Mazarine Energy B.V. (Mazarine Energy) announce that parties have reached agreement on the transfer of 19 onshore oil fields plus three workover rigs and associated crews to Mazarine Energy Romania […]

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Bulgarian, Romanian presidents urge energy independence for SEE

Klaus Iohannis Rossen Plevneliev

By   7 months ago

Sofia, June 15, 2016/Independent Balkan News Agency By Clive Leviev-Sawyer of The Sofia Globe Energy dependency is the biggest weakness of South Eastern Europe and building a modern energy infrastructure and interconnection of the national gas and electricity grids should be a shared priority, Bulgarian President Rossen Plevneliev and his Romanian counterpart Klaus Iohannis agreed […]

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Bulgarian, Romanian PMs to ‘watch closely’ gas inter-connector project

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By   8 months ago

Sofia, June 1, 2016/Independent Balkan News Agency By Clive leviev-Sawyer of The Sofia Globe Bulgarian Prime Minister Boiko Borissov met with Romanian counterpart Dacian Ciolos on June 1 to discuss a number of subjects, ranging from the gas inter-connector pipeline between the two countries to the continuing efforts by Sofia and Bucharest to join the […]

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Romania’s gas market goes import-free

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By   10 months ago

Bucharest, March 22, 2016/Independent Balkan News Agency By Irina Stoica Population and power plants that provide heating to households will consume only domestically-produced natural gas from April 1, 2016 to March 31, 2017, according to a document of the National Energy Regulatory Authority (ANRE). The estimated total quantity of natural gas to be used by […]

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Romania’s crude oil reserves will be depleted in 20 years

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By   11 months ago

Sarajevo, March 3, 2016/Independent Balkan News Agency By Irina Stoica Romania’s current crude oil reserves are expected to get exhausted in about 20 years. A report released by the Energy Ministry shows that over the past five years, Romania’s domestic crude oil output has recorded a constant decline of 2 %, while the forecasts for […]

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RO Finance View All →

Gov’t to postpone VAT cut, elimination of pole tax and over-excise upon Liviu Dragnea’s request

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By   1 month ago

The Dacian Ciolos government is to postpone by one year the implementation of the Tax Code amendments, i.e. the VAT cut from 20% to 19%, the elimination of the pole tax (tax on special constructions) and of the over-excise on fuel. The measures were requested by PSD leader Liviu Dragnea in a phone conversation with […]

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UniCredit: Romania would need 20 years to join the eurozone considering the current pace of economic growth

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By   3 months ago

Romanians could reach the salaries close to those of in Western Europe countries, such as Germany and France, in more than 20 years, in the context where the economic growth is neither fast enough nor quite sustainable to support a faster reduction of the gap, Dan Bucsa, lead CEE economist within UniCredit Bank London, stated […]

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EBRD has revised upwards Romania’s economic growth forecast in 2016 to 4.8 pc

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By   3 months ago

European Bank for Reconstruction and Development (EBRD) has revised upward on Thursday, the economic growth forecast for Romania for 2016 from 4 percent to 4.8 percent and from 3.5 percent to 3.7 percent forecast for 2017. “South-eastern Europe as a whole is on the rise. Greece is turning around thanks to a good season for […]

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IMF report warns Romania on risks related to the budget deficit

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By   3 months ago

The International Monetary Fund (IMF) warns Romania about the risk of deterioration of the budget deficit in the context of rising state expenditures, particularly on wages, along with tax cuts. The IMF maintains its estimates of economic growth in Romania in 2016 and 2017 of 5% and 3.8% respectively, the highest growth rate in Europe […]

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President Iohannis appears sceptical on wage increases

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By   3 months ago

Labour Minister: Irresponsibility Deputy PM: Challenge to the Constitutional Court President Klaus Iohannis said on Wednesday, regarding the law on wage increases, that it is hard to say that he can agree with such provisions voted by Parliament on ‘the last two meters’ before the election. “It’s hard to say that one agrees with the […]

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Deputy PM Borc: Romania draws less FDI than other countries in the region

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By   3 months ago

Romania’s situation in attracting foreign direct investment (FDI) is worse than in neighboring countries, Deputy Prime Minister and Economy Minister Costin Borc warned on Monday, attending a debate about territorial development, agerpres.ro informs. “It’s important not to fall into false targets now, during the electoral campaign. It’s very easy to launch some slogans that sound […]

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PM Ciolos: Romania must turn the economic growth into real development

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By   3 months ago

Romania had a good economic evolution after passing through the 2008-2009 crisis and after joining the European Union in 2007. This trend should continue. According to PM Dacian Ciolos, Romania’s economic growth from 2011 has to be turned into a real development, agepres.ro informs. “(…) We continue to face certain gaps between various parts of […]

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Public Finance Ministry distributes to banks additional funds for “First Home” Programme

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By   3 months ago

Bucharest, October 10, 2016/Independent Balkan News Agency The additional funds allotted to the “First Home” Programme, amounting to 500 million lei, will be distributed to commercial banks starting on Monday, according to a Public Finance Ministry (MFP) release. “The Public Finance Ministry approved the allotment to banks of the 500 million lei, the total amount […]

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RO Politics View All →

Igor Dodon requests suspension from office of R. of Moldova’s ambassador to Bucharest. PM Filip turns down the request

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By   6 days ago

Republic of Moldova President Igor Dodon has requested the Moldovan government the initiation of the suspension from office procedure of the ambassador to Bucharest, Mihai Gribincea, Radio Chisinau and deschide.md inform. Presidency spokesman Ion Ceban has posted on Facebook a message reading that Gribincea’s statements during an interview for a Romanian private broadcaster were contrary […]

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EC President Juncker sends ex-premier Ciolos, PM Grindeanu congratulation messages, calls for continuing fight against corruption

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By   2 weeks ago

European Commission President Jean-Claude Juncker posted on his Twitter account a congratulation message to Prime Minister Sorin Grindeanu, in which speaks of maintaining the independence of the judiciary to support the fight against corruption. “This is a momentous time for Romania and the European Union. We look forward to the continuation of the positive trend […]

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PSD governing programme: Not much about the fight against corruption. PM-designate vows firm approach, but protecting the human rights

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By   3 weeks ago

The Justice chapter in the PSD governing programme announces massive changes in regard to the criminal legislation, as it intends to amend the law of ministerial responsibility and of the responsibility of the public administration employees. PSD envisages ‘immediate action’ in terms of legislative and administrative issues, in order to create better conditions in prisons. […]

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Sorin Grindeanu cabinet announced, Sevil Shhaideh nominated for Deputy PM Parliament to give confidence vote on Wednesday

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By   3 weeks ago

Social-democrat leader Liviu Dragnea has announced on Tuesday the list of ministers to be part of Sorin Grindeanu cabinet. The list is to be submitted to parliament later on Tuesday by the PM-designate. The list of ministers includes: Deputy PM, Minister for Development – Sevil Shhaideh; Deputy Minister and Minister of Environment – Daniel Constantin […]

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President Iohannis turns down Sevil Shhaideh as PM, calls on PSD-ALDE to submit another proposal

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By   4 weeks ago

President Klaus Ionannis has turned down on Tuesday the proposal for prime minister filed by the PSD-ALDE, Sevil Shhaideh. Iohannis offered no explanation on his decision. He stated he does not accept the nomination. “I had consultations with the political parties PSD and ALDE, which wanted to come together to consultations, they’ve proposed Mrs. Sevil […]

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PSD proposes woman of Turkish origin as Prime Minister. Liviu Dragnea says it will be their only proposal

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By   1 month ago

Social Democrats proposed Sevil Shhaideh to be the Prime Minister of Romania, said PSD chairman Liviu Dragnea after leaving the consultations with President Klaus Iohannis. Sevil Shhaideh was the one who replaced Liviu Dragnea as the minister of Regional Development in 2015 after the Social Democrat resigned from office after he had been convicted in […]

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Parliament: 326 deputy mandates validated

International Monetary Fund Managing Director Dominique Strauss-Kahn speaks at the Romanian Parliament March 30, 2010 in Bucharest, Romania.   IMF Photograph/Carmen Mazilu

By   1 month ago

The specially constituted committee validated on Tuesday the mandates of 326 deputies and postponed the validation of three deputies who didn’t bring all the necessary papers. “The Validation Committee has validated the mandates of 326 deputies. It has been established that they (the deputies—e.n.) satisfy the legal conditions for validation. The mandates of three colleagues […]

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PSD, ALDE seal partnership deal to provide ruling

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By   1 month ago

The Social Democrat Party (PSD) and ALDE have signed a collaboration protocol on Monday in a predictable move that would enable the two parties to provide a joint ruling and to team up in the Parliament. “We are talking about a proportional representation in the Government and about a parliamentary collaboration,” PSD chairman Liviu Dragnea […]

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RO Social View All →

Gov’t Oks decision allowing ban of energy exports in crisis situations. Transelectrica: Energy crisis, imminent

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By   1 week ago

The government approved on Thursday during the ordinary sitting a decision allowing the ban of electricity exports during crisis situations, in force from January 16-February 15, the Ministry of Energy informs. According to a release, Energy Minister Toma Petcu presented on Thursday an analysis regarding the functioning of the National Energy System following six days […]

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A2, A3, A4 highways, seaports closed due to snow and blizzard

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By   2 weeks ago

80 trains cancelled, Braila County – isolated Code Orange alert lifted, snowfalls prevail in 11 counties Update: The National Meteorology Administration (ANM) lifted the Code Orange alert for blizzard, but maintained the Code Yellow warning for snowfalls in 11 counties in southeastern country, as well as the Code Yellow alert for frost countrywide. The counties […]

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Code Orange and Code Yellow for snowfalls and blizzards in Bucharest and 15 counties as of Tuesday evening. -32C in Intorsura Buzaului

A maintenance tram clears tracks during a blizzard in Bucharest, Romania, Sunday, Jan. 17, 2016. Large areas of Romania are affected by heavy snowfall and blizzards that disrupted road and railway traffic.(AP Photo/Vadim Ghirda)

By   2 weeks ago

The National Meteorology Administration (ANM) has issued on Tuesday fresh weather warnings as Code Orange and Code Yellow for snowfalls and blizzards in 15 counties and in Bucharest as of Tuesday evening until Wednesday evening. During January 10, 22.00h until January 11, 8.00h – Code Orange in Constanta and Tulcea counties for blizzard and glazed […]

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EC President Juncker sends ex-premier Ciolos, PM Grindeanu congratulation messages, calls for continuing fight against corruption

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By   2 weeks ago

European Commission President Jean-Claude Juncker posted on his Twitter account a congratulation message to Prime Minister Sorin Grindeanu, in which speaks of maintaining the independence of the judiciary to support the fight against corruption. “This is a momentous time for Romania and the European Union. We look forward to the continuation of the positive trend […]

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Code Red for blizzards in seven counties. Seaports closed. 60 trains cancelled. All roads closed in Constanta County, including A2 highway, power failure

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By   2 weeks ago

Seven counties are under a Code Red warning for snowfalls and blizzards from meteorologists: Constanta and Tulcea until 18:00h, Vrancea, Buzau and Braila until 16:00h, Calarasi and Ialomita until 13:00h. Also, half the country is under Code Yellow and Orange alerts for snow and blizzard. Code Yellow is valid until Friday at 20:00h, during which […]

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The problems of the Romanian healthcare system

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By   1 month ago

The PM’s control body tracked down several problems of the medical emergency activity in Romanian hospitals. Therefore, a lot of medical units in the country don’t have enough doctors and nurses, lack specific medical equipment, while facing severe overcrowding of the emergency rooms with patients who could be taken over by the family practice or […]

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US troops to be deployed to Poland, Baltic States, Romania in January

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By   1 month ago

The United States is deploying troops to Poland, the Baltic States and Romania next month as part of raising the security of the region, Polish and U.S. defense officials said Wednesday. Polish Defense Minister Antoni Macierewicz made the announcement following talks with the commander of U.S. land troops in Europe, Lt. Gen. Ben Hodges, in […]

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European Commissioner Corina Cretu announces 19 major projects for Romania

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By   1 month ago

European Commissioner for Regional Policy Corina Cretu has approved the continuation of another 19 projects in several regions in Romania, projects amounting to EUR 1.3 billion, for the new European financial year, a release from the European Commission Representation in Bucharest informs. The projects aim water supply and sewerage and wastewater treatment systems, the centralised […]

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RO Sports View All →

Romanian Cristian ‘Hammer’ Ciocan wins WBO European heavyweight title

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By   3 months ago

Bucharest, October 16, 2016/Independent Balkan News Agency Romanian heavyweight boxer Cristian Ciocan claimed the WBO European heavyweight title on Saturday evening, winning a split decision points victory over Turkish fighter Erkan Teper after 12 fairly balanced rounds at the G 18-Halle in Hamburg, Germany. Ciocan previously held the WBO belt in the period 2012—2013. The […]

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Romania draw Montenegro 1-1 in 2018 FIFA World Cup qualifier

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By   5 months ago

Bucharest, September 5, 2016/Independent Balkan News Agency Romania and Montenegro on Sunday evening ended their first 2018 FIFA World Cup qualifier in a tie, 1-1 (0-0). They played at Cluj Arena of Cluj-Napoca. Romania were very close to getting a win in their first match coached by German Christoph Daum, but Nicolae Stanciu failed to […]

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Rio 2016: Romanian Saritov wins bronze in the men’s 97-kg freestyle wrestling event

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By   5 months ago

Bucharest, August 22, 2016/Independent Balkan News Agency Russian-born Romanian wrestler Albert Saritov won the Olympic bronze medal in the men’s 97-kg freestyle wrestling event on Sunday, the last day of the Rio 2016 Summer Olympic Games, as he defeated Georgia’s Elizbar Odikadze. Saritov, 31, naturalised in 2016, won 10-0 technical points and 4-0 classification points. […]

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Winners and medals of IBNA countries

Rio 2016

By   5 months ago

Rio, August 22, 2016/Independent Balkan News Agency By Spiros Sideris The Rio Olympic Games of 2016 gave on Sunday evening with a spectacular ceremony their place to Tokyo, which will host the 2020 Games. Impressive were the performances of the Balkan countries among 206 countries. The Independent Balkan News Agency LTD presents the rankings based […]

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Rio 2016: Romania’s Mergea/Tecau to meet Spain’s Marc Lopez, Rafael Nadal in men’s doubles final

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By   5 months ago

Bucharest, August 12, 2016/Independent Balkan News Agency Romanian tennis pairing Florin Mergea – Horia Tecau will play the Olympic men’s doubles tennis final against Spaniards Marc Lopez and Rafael Nadal. The 6th seeded Spaniards defeated on Thursday in the semi-finals Canadians Daniel Nestor / Vasek Pospisil 7-6 (1) 7-6 (4), in about two hours of […]

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Rio 2016: Romanian swimmer Glinta advances to 100-m backstroke final

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By   6 months ago

Bucharest, August 8, 2016/Independent Balkan News Agency Romanian swimmer Robert Glinta, 19, on Sunday evening advanced to the men’s 100-m backstroke final of the Rio 2016 Summer Olympic Games, as he finished fourth in semifinal 2, clocked in at 53.34s. The best result of semifinal 2 was US David Plummer’s 52.50s; second best was Australian […]

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Rio 2016: Romania’s Ponor advances to women’s beam final

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By   6 months ago

Bucharest, August 8, 2016/Independent Balkan News Agency Romanian artistic gymnast Catalina Ponor has advanced to the women’s beam final at the ongoing Rio 2016 Summer Olympic Games and will compete for a medal on August 15. Ponor won a score of 14.900 in qualification 2 round, finishing 5th in the final ranking. Competing in the […]

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Simona Halep wins Rogers Cup, beating Madison Keys

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By   6 months ago

Bucharest, August 1, 2016/Independent Balkan News Agency The Romanian tennis player Simona Halep, World No. 5, won the USD 2,413,663 women’s Rogers Cup in Montreal on Sunday, after defeating American Madison Keys in straight sets 7-6 (2), 6-3. Halep, who’s rebounding World No. 3 on Monday, has imposed in one hour 15 minutes in front […]

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