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Traian Basescu

Romania: New Government Formed

Romanian President Traian Basescu approved the new minister of the new coalition government just in time.

March 6, 2014

Romania: President Fires Financial Supervision Authority

President Basescu fires the entire staff of the Romanian Financial Supervision Authority (ASF).

February 20, 2014

Romania´s President Opposes the IMF

Traian Basescu is strictly against imposing an additional tax on fuel. Whether Romania will achieve the budget target is highly uncertain.

January 24, 2014

Romania Claims Compensations for Nabucco

Romania claims EU compensation for abandoned Nabucco project.

August 29, 2013

US: Active Investor in Romania

US companies remained active investors in Romania last year. Particulary the IT sector, automotive industry and oil/gas sector are increasingly strengthening their local position. Foreign direct investments from the US came at more than $ 1bn.

June 24, 2013

Foreign Enterprises Complain About Romanian Policy Making.

Regulations in energy sector were changed overnight.

April 26, 2013

UN Alliance of Civilizations Forum in Vienna

The UN Alliance of Civilizations Forum draws a close with the Vienna Declaration. The forum was attended by Heads of State and Global Foreign Ministers.

March 1, 2013

Ponta to Remain as Prime Minister

Despite heavy dispute with Ponta, Romania´s President Traian Basescu announced to swear him as Prime Minister. Basescu has no other choice.

December 17, 2012

Romania: Basescu Under Pressure

After the decisive victory of Prime Minister Ponta, Romania´s President Traian Basescu has no other alternative than to appoint Ponta again.

December 10, 2012

Spindelegger in Romania: “Strategic interest in stable domestic conditions”

The Austrian Vice-Chancellor and Minister of Foreign Affairs meets Traian Basescu, President of Romania

October 17, 2012

Romania: OMV Threatened by Extraordinary Tax

Romania´s new Minister of Economics Daniel Chitoiu forces OMV´s subsidiary Petrom to pay higher taxes.

May 8, 2012

Romanian President Again Critisized OMV´s Petrom

Romanian president Traian Basescu in television again emphasized that he cut ties with largest Romanian company OMV Petrom on ‘incorrect’, high profit-making policy.

March 20, 2012

Basescu Criticizes OMV Sharply

The Romanian President Traian Basescu is deeply disappointed of the Austrian oil and gas company OMV. The Romanian subsidiary “made too much profits”, Basescu says.

March 13, 2012

Romanian President Appreciates Erste Group´s Decision

Traian Basescu, President of Romania, is pleased with Erste Group´s announcement to continue its business in Romania.

January 28, 2012
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