Romania
New Romania government led by Social Democrat Victor Ponta passes Parliament vote
May 7, 2012
The Romanian Parliament voted the new government led by Social Democrat Victor Ponta into office on Monday. Ponta's government, formed by the Social Liberal Union coalition of Social Democrats (PSD) and Liberals (PNL), replaces the Democratic Liberal-dominated government led by Mihai Razvan Ungureanu, who lost a censure motion in the Parliament…
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Posted in Romania | 
Tags: Democrat, government, Parliament, passes, Ponta, Romania, social, Victor, vote
Chevron takes hit as Romania's designated Ponta Government plans immediate moratorium on shale gas exploitation
May 4, 2012
The governing program of the government formed by Romania's designated prime minister Victor Ponta, which was submitted in the Parliament on Thursday evening, mentions the immediate introduction of a moratorium on shale gas exploitation until developing European-level studies on the impact of hydraulic fractioning procedures on the environment …
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Posted in Romania | Tags: Chevron, designated, exploitation, government, immediate, moratorium, plans, Ponta, Romania's, shale, takes
Romania's prime minister designate Victor Ponta announces list of proposed ministers
May 1, 2012
Romanian Social Democratic Party (PSD) leader Victor Ponta, who was designated to form a new government following the fall of the Ungureanu government in a parliamentary vote on Friday, announced the list of his ministers on Tuesday evening. He said he would present his government and governing priorities in the Parliament on Monday and pointed out…
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Romania President designates Social Democratic leader Victor Ponta as prime minister designate
April 27, 2012
Romanian President Traian Basescu announced on Friday evening that Victor Ponta, leader of the Social Democratic Party (PSD) and one of the leaders of the opposition USL union of Social Democrats and Liberals, is the designated to form a new government. Ponta's designation comes following Traian Razvan Ungureanu government's fall in a censu…
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Romania Contemplates Seizure of 85% of Restitution Property Rights
April 27, 2012
Just as the Romanian government cannot take back a farm that was restituted to the family from whom it was stolen without paying its fair value, so it cannot confiscate another family’s right to receive a different farm in restitution by payment of a mere pittance of its true value. But that is precisely what the Romanian Government con…
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Romania's Ungureanu Government falls in censure motion
April 27, 2012
Romania's Parliament voted in favor of a censure motion against the current government led by Traian Razvan Ungureanu on Friday. The vote of 232 MPs was needed for the government to pass. 235 voted in favor of the government of a total of 248 votes. The Ungureanu Government thus loses the confidence of the Parliament in a motion submitted by th…
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A HotNews.ro Exclusive. Valhalla Resources – the mystery investor interested in Romanian company Cupru Min
April 11, 2012
A tender for the privatization of Romanian company Cupru Min has been won officially by Canadian company Roman Copper Inc., but the whole process came to a standstill over the past several days, with Roman Copper saying it was trying to push for a deal despite the Romanian government pulling out of negotiations. But who is behind Roman Copper, abou…
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VIDEO Lord Watson of Richmond: I do not think all European states are heading in one single direction, for exemple to become a United States of Europe
April 3, 2012
Europe is essential to every Member State's position in the modern world, "but I do not think we are heading in one single direction, for example to become a United States of Europe", says Lord Alan Watson, a member of the House of Lords, in an interview with HotNews.ro….
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Mineral resources agency head Alexandru Patruti: Several companies showed intention to explore and exploit shale gas in Romania / Hydraulic fracturing method has been used in Romanian oil industry for decades
April 3, 2012
Any company involved in oil accords may operate shale gas exploration and exploitation works, Alexandru Patruti, head of Romania's National Agency for Mineral Resources (ANRM) said in an interview with HotNews.ro. Beside Chevron, several other oil companies have shown interest in exploring shale gas. Patruti said the main environmental effect w…
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Romania Competition Council launches investigation on possible abuse of dominant position against Hewlett-Packard Romania / HP officials say they'll cooperate with authorities
March 21, 2012
Romania's Competition Council has launched unannounced checking operations at the headquarters of Hewlett-Packard Romania and at the headquarters of several of its distributors, the authority announced on Wednesday. Council head Bogdan Chiritoiu said the move comes following suspicions of a possible HP Romania abuse of dominant position on the …
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Posted in Romania | Tags: abuse, Against, authorities, competition, cooperate, council, dominant, HewlettPackard, investigation, launches, officials, position, possible, Romania, they'll
