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Romanians abroad sent EUR 1.85 bln home in six months


nians working abroad have sent EUR 1.85 billion in remittances to their home country, in the first half of this year.

The sum is 7% higher compared to the same period of 2013 and is also the highest level in the last five years, according to data from Romania’s National Bank (BNR). This makes Romanians working abroad the largest source of capital inflows to the country and the largest investors in the local economy.

The Guardian: Romanian PM systematically abusing constitution, says EU

EU report says Victor Ponta government has ‘threatened judges, illegally removed officials and tampered with democratic system’


European authorities have waded into a brutal political feud transfixing Romania, accusing the prime minister, Victor Ponta, of systematic abuse of the country’s constitution and undermining the rule of law in his campaign to unseat the country’s president.

A 22-page report from the European commission highlighting Romania’s failures to observe EU legal standards, obtained by the Guardian before being released on Wednesday, says the Ponta government has ignored the constitution, threatened judges, illegally removed officials from key posts, and tampered with the democratic system of checks and balances in order to try to secure the impeachment of President Traian Basescu.

Analist rus: Putin e furios, iar la Kremlin e panică! | Planurile liderului de la Kremlin au explodat împreună cu Boeing-ul

“O maimuţă cu o grenadă este întotdeauna mai puternică decât omul civilizat, marja de manevră a maimuţei este mult mai largă: ce o persoană cultă nu şi-ar putea permite, pentru maimuţă asta ar fi un fleac. ”

Portul vechi, Nyhavn, noaptea în Copenhaga


In 2013 Romanians from Italy sent largest quantities of money

Romanians who work in Germany and the US sent more money in 2013 than those from Spain, where they are in higher number but are less qualified and worse paid. Workers from Italy ranked first according to BNR head economist Valentin Lazea.

They sent 925 million euro last year, on the rise from 900 million euro in 2012, being followed by those from Germany with 595 million euro (491 million euro in 2012) and from the US with 460 million euro (593 million euro in 2012), according to data presented on Thursday by Lazea at a conference organized by the Romanian Banking Institute.