CRISTIAN NISTOR

Two former ministers sentenced to prison for faulty privatizations

The High Court of Cassation and Justice (ICCJ, Romania's Supreme Court) sentenced former ministers Codrut Seres and Zsolt Nagy on Tuesday to prison terms in a case on faulty privatizations.

Photo credit: (c) CRISTIAN NISTOR / AGERPRES ARCHIVE

Seres was condemned to 4 years and 8 months in jail, and Nagy to 4 years; the sentences are final.

EBRD maintains 2014, 2015 growth estimates for Romania

The European Bank for Reconstruction and Development (EBRD) stood by its estimates of Romania's economic growth in 2014 (2.6 percent) and 2015 (2.8) in a report released on Monday, in which it drastically adjusted down the estimates for its target region.

Photo credit: (c) CRISTIAN NISTOR / AGERPRES FLOW

Ana Birchall: Victoria Nuland's visit shows how important the Strategic Partnership with Romania is for US

The Prime Minister's High Representative for European Affairs and the Partnership with the US, Ana Birchall, on Wednesday hailed the US Department of State Assistant Secretary of State for European and Eurasian Affairs Victoria Nuland's visit to Romania, which, according to her, 'shows USA's attachment to Romania and the Strategic Partnership with our country.'

Balance of payments' current account deficit narrows over 62 pct in 11 months

The balance of payments' current account deficit narrowed 62.3 percent over Jan.-Nov. 2014 down to 302 million euros, as compared to 801 million euros in the same period of 2013, amid 920 million euros increased surplus recorded by the balance of services and 143 million euros cut in the balance of goods, reveal figures published by the National Bank of Romania (BNR) on Tuesday.

E.ON Distributie Romania begins operating from January 1

E.ON Distributie Romania, the first integrated gas and electricity distributor in Romania has begun activity from Jan. 1 and is operating over 20,000 kilometres of natural gas distribution network and more than 80,000 kilometres of electricity distribution network serving around three million clients overall, the company said in a release on Monday.

PM Ponta attends consecration of paintings of the Ascension Cathedral of Slobozia

Prime Minister Victor Ponta on Sunday attended the consecration of the paintings of the Ascension Bishopric Cathedral of Slobozia.

Photo credit (c): CRISTIAN NISTOR / AGERPRES STREAM

The church service was conducted by priests led by Patriarch Daniel of the Romanian Christian Orthodox Church (BOR), including 14 members of the BOR Saint Synod.

2014EP Ungureanu: I exercise my voting right, certain that Romania's fate depends on Europe' fate

The Civic Force's President Mihai Razvan Ungureanu said he voted as a responsible citizen, certain that Romania's fate depends on that of Europe and that "we all could contribute to our welfare, if we knew to be Europeans."

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