The Romanian American Chamber of Commerce

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5/17/2012

RACC / EACC Joint Networking Event at Central Park Boat House

Join 500+ European Business People at the Central Park Boat House

5/23/2012

The Romanian Capital Markets

A Dialogue with the Romanian National Security Commission and the Bucharest Stock Exchange

5/30/2012

Speed networking with RACCNY and EuroCircle NYC

A fun, exciting and effective way to meet business people, share business ideas and increase your career network

6/19/2012

RACC SPRING FLING: FONDUE & NETWORKING PARTY!

11/12/2012

RACC's Annual GO USA! Roadshow 2012

Bucharest Hubb and the Camera de Comert si Industrie

Selected Past Events from 2005 - Present

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5/16/2012

Education in ROMANIA – The Need for a Paradigm Shift

The webinar argues that Romania now should seize the third major historical transformation of its public education system in 130 years of Romania's history.

5/1/2012

RACC - Ethiopian Networking Event

Mingle and dine on Ethiopian cuisine

4/18/2012

Romanian-American Start-Ups - Roundtable Discussion and Presentations

4/11/2012

Social Media in Romania Webinar

See below for Call-In Details

4/3/2012

RACC Chocolate Mixer

RACC's Monthly Business Network Mixer

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News on Romania

Hotnews.ro English

New Romania government led by Social Democrat Victor Ponta passes Parliament vote
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 in late April. Ponta's government received the support of 284 MPs, with 92 votes against.
Chevron takes hit as Romania's designated Ponta Government plans immediate moratorium on shale gas exploitation
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 are concluded. The Ponta Government, formed after incumbent PM Ungureanu's government was voted out of office a week ago, is due to be approved by the Parliament next week.
Romania's prime minister designate Victor Ponta announces list of proposed ministers
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 that the political union of Social Democrats and Liberals (USL) now numbers 229 MPs of a total of 231 needed to vote for the new government.
- See the list of ministers in Ponta's proposed government
Romania President designates Social Democratic leader Victor Ponta as prime minister designate
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 censure motion in the Parliament today.
Romania Contemplates Seizure of 85% of Restitution Property Rights
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 contemplates doing through a draft law that would confiscate 85% of the property rights of thousands of victims of Romanian communism and fascism - inviolable rights that were granted to them twelve years ago by law. The Draft Law proposes to take 85% of the value of all pending claims by owners of properties that were seized by Romania's Communist government between 1945 and 1989 without compensation. It is proffered in total disregard of Romania’s constitutional provisions prohibiting such acts and in violation of Protocol One of the European Convention of Human Rights to which Romania is a signatory and which recognizes property rights as human rights.
- Author Mark A. Meyer is Chairman, Romanian-American Chamber of Commerce

RACC Webinars

April 20th 2011
Romania: Recent Developments