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July 31, 2013

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July 31, 2013
July 31, 2013

, 31.07.2013, 15:00

At the end of a two-week visit to Bucharest, the international creditors’ mission has announced it agreed upon a new precautionary loan with Romania. Worth 4 billion Euros, the agreement will equally be granted by the IMF and the EC. The agreement will be discussed by the IMF board in autumn, the IMF chief negotiator for Romania, Andrea Schaecher, has announced, also saying that Romania’s economic growth forecast has been revised upwards, to 2%. According to the Romanian authorities, the privatization of some state-owned companies will be included among the conditions in the new agreement. The previous agreement, also a precautionary one, was successfully completed by Romania last month.



The Institute for the Investigation of Communist Crimes and the Memory of the Romanian Exile has called on prosecutors to start criminal investigation against a former head of a communist prison, whom they accuse of murders and torture. The institute claims that at least 5 political detainees were killed in the detention center in Ramnicu-Sarat (in the east), while Alexandru Visinescu (88 years old) was in charge of the prison, between 1956 and 1963. The institute says that, in this case, it has made available to prosecutors hundreds of archive documents, which come to prove Visienscu’s guilt. According to official data, between 1945 and 1989, over 600 thousand people were sentenced to prison in Romania for political reasons. However, the magnitude of their suffering started being exposed only in recent years.



The unemployment rate in Romania amounted to 7.6% in June, that is 0.5% higher than in the same period of 2012, data made public by the National Institute of Statistics show. According to the aforementioned institute, the unemployment rate among men exceeds by 0.5 % the unemployment rate among women. The number of unemployed people in the 15 to 74 year age bracket stood at 736,000 people in June 2013.



The EU hails the resumption of direct Israeli-Palestinian negotiations and supports a peace process between the parties. This statement was made on Wednesday by Dalia Grybauskaite, the president of Lithuania, which holds the rotating presidency of the EU, at the end of talks with her Israeli counterpart, Shimon Peres, who was on an official visit to Vilnius. The direct Israeli-Palestinian negotiations were resumed Monday night in Washington, after a 3-year deadlock in the peace process. The US Secretary of State John Kerry announced that the two parties will meet again in two weeks in the Middle East, in order for a final agreement to be reached in the coming 9 months.

April 14, 2026 UPDATE
Newsflash Tuesday, 14 April 2026

April 14, 2026 UPDATE

INFLATION In Romania, the annual inflation rate climbed to 9.87% in March, compared to 9.31% in February. The increase was driven by service costs...

April 14, 2026 UPDATE
Newsflash
Newsflash Tuesday, 14 April 2026

April 14, 2026

Inflation In Romania, the annual inflation rate climbed to 9.87% in March, compared to 9.31% in February. The increase was driven by service costs...

April 14, 2026
April 13, 2026 UPDATE
Newsflash Monday, 13 April 2026

April 13, 2026 UPDATE

EASTER In Romania, a country with an Orthodox majority, both the Orthodox and Greek-Catholic believers celebrated the second day of Easter on Monday,...

April 13, 2026 UPDATE
Newsflash
Newsflash Monday, 13 April 2026

April 13, 2026

EASTER In Romania, a country with an Orthodox majority, both the Orthodox and Greek-Catholic believers are celebrating the second day of Easter, at...

April 13, 2026
Newsflash Sunday, 12 April 2026

BREAKING NEWS: Hungarian PM Viktor Orban concedes defeat in Sunday’s parliamentary elections

Hungarian PM Viktor Orban has conceded defeat in Sunday’s parliamentary elections. In a speech delivered at Fidesz headquarters, he has said:...

BREAKING NEWS: Hungarian PM Viktor Orban concedes defeat in Sunday’s parliamentary elections
Newsflash Sunday, 12 April 2026

April 12, 2026 UPDATE

BREAKING NEWS: Hungarian PM Viktor Orban has conceded defeat in Sunday’s parliamentary elections. In a speech delivered at Fidesz headquarters,...

April 12, 2026 UPDATE
Newsflash Sunday, 12 April 2026

April 12, 2026

Easter. Orthodox Christians, who are the majority in Romania, as well as Greek-Catholics, are today celebrating the Resurrection of Jesus Christ, the...

April 12, 2026
Newsflash Saturday, 11 April 2026

April 11, 2026 UPDATE

EASTER Over 24 thousand employees of the Romanian Interior Ministry will be supervising the Easter mini-holiday, the spokeswoman for the Ministry,...

April 11, 2026 UPDATE

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