Oana Tilica

The International Monetary Fund (IMF) is and has to remain a quotas-based institution and we are prepared to support even their increase, taking into account that the European Union is open to doubling at least the New Arrangements to Borrow (NAB), Romanian Public Finance Minister Eugen Teodorovici said on Friday in Washington.

Gender equality and economic independence of women represented some of the topics included on the agenda of talks on the second day of the Employment, Social Policy, Health and Consumer Affairs Council (EPSCO) meeting in Bucharest, where Labour Minister Marius Budai underscored that the European Union policy on gender equality after 2019 should be strengthened, according to a release of the rel

Romania's Gross Domestic Product (GDP) estimated for the year 2018 amounted to 940477.5 million lei current prices, up 4.1 percent in real terms over 2017, industry contributing the most with a share of almost 24 percent in GDP formation, according to data released on Thursday by the National Institute of Statistics (INS).

The free-market energy prices for industrial consumers will rise in the next period, but it is very important that consumers don't react emotionally in order to not cause a market slippage, Electrica CEO Corina Popescu told a press conference on Wednesday.

The global pact for the environment, one of the topics to be discussed on Tuesday with the European Union (EU) environment ministers, represents the consolidated future of the agreement on international environmental legislation, Romania's Minister of Environment Gratiela Gavrilescu said in Brussels on Tuesday, ahead of a meeting of the Environment Council.

One of the main priorities of the Romanian Presidency at the Council of the European Union is the development of the social dimension of the EU through the implementation of the European social rights pillar, Romania's Labour and Social Justice Minister Marius Budai said on Monday in opening remarks to an informal meeting of the European Union's Social Protection Committee (SPC) in Bucharest, M

Approximately 90 experts of the European Union are participating on Monday and Tuesday in the Informal Meeting of the Social Protection Committee (SPC), which takes place in Bucharest, at the Palace of Parliament. "It is a Social Protection Committee. Generally, the discussion revolves around the social assistance policy, cohesion, the European common value and so on.

The total return on investment reported by pillar two pension fund managers was 127.1pct May 20, 2008 to the end of 2018, giving an average annual yield rate of 8.03pct, according to a press statement released by the Association of Romania's Privately-managed Pension Plans (APAPR).

Tourism is a priority sector in Romania, and the current Government has taken concrete steps that have led to its substantial growth, Deputy Prime Minister Viorel Stefan said on Thursday at the opening of the 41st edition of Romania's Tourism Fair (TTR).

The Romanian presidency of the Council of the European Union on Tuesday reached a provisional agreement with the European Parliament on measures to mitigate the severe disruption to air connectivity for passengers and freight between the EU and the United Kingdom in the event that the UK leaves the EU without a deal.