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  • UniCredit predict Eastern European countries Euro adoption
    Bulgaria and Romania would likely join the euro zone in 2013-2014, the analytical unit of UniCredit Group said in its latest report titled ?The Euro goes Eastwards?. It also warned that the main challenge to euro zone hopefuls was soaring inflation.
  • Kenya: Boost to Tourism As Recovery Continues
    Kenya's struggling tourism industry received a major boost at the weekend when European travel agents endorsed the country as 'a viable' tourist destination. The tour operators from Romania speaking in Mombasa after a week-long tour of various tourist
  • Romania: Intrarom Posts 17% Drop in Net Sales In '07
    Telecom equipment supplier, Intrarom, subsidiary of Greek Intracom, reported a 17% drop in 2007 net sales to EUR 52.2 million. ''There were several projects announced for 2007, in which we made investments, but which unfortunately did not come about.
  • Romanian president arrives in Kuwait
    KUWAIT: Romanian President Traian Basescu arrived here yesterday on an official one-day visit during which he will hold talks with His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah. Upon arrival, the president was received by His Highness the
  • RFID Mailbag from France, Ecuador, Romania and California
    Do you have any RFID tags you?ve from purchased from DAG, the French, HF equipment manufacturer and ?sports specialist?? Then now is your chance to do something, that DAG says, is: Good for the environment Good for you Good for children All you
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Soviet occupation following World War II led to the formation of a communist Peoples Republic in 1947 and the abdication of the king. The decades-long rule of President Nicolae CEAUSESCU became increasingly draconian through the 1980s. He was overthrown and executed in late 1989. Former communists dominated the government until 1996 when they were swept from power. Much economic restructuring remains to be carried out before Romania can achieve its hope of joining the EU.

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