Romania

Romania in new rate hike to battle inflation

Bucharest  - Romania's central bank Tuesday raised its key lending rate to 9.75 per cent from 9.5 per cent, seeking to fight inflation with the fifth consecutive hike since October.

Romanian cabinet minister faces corruption probe

Labour Minister Paul PacuraruBucharest - Romanian anti-graft prosecutors Friday asked

Striking Romanian steelworkers ordered back to jobs

Bucharest  -  Romanian steelworkers striking for more pay from ArcelorMittal returned to work Wednesday after a court ordered them to suspend their two-day-old walkout, news reports said.

Court backs strike at Renault's Romanian plant

Bucharest- A court has ruled that a three-week-old strike at Renault SA's Romanian plant is legal, bolstering worker demands for higher pay and benefits ahead of a rally planned for Thursday.

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