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Romanian Carmaker Dacia Continues Growth In EU In Jan-Oct

12:16, 16 Nov. 2010
New car registrations in Europe of Romanian carmaker Dacia increased 4% on the year in October, to 21,320 units, and 10.5% in the first ten months, to 213,964 units, but was overtaken by other brands in terms of growth pace, according to data released Tuesday by the Association of European Carmakers (ACEA).

Romania’s Auto Market Sees 5th Largest Decline In EU In Jan-Oct 2010

12:07, 16 Nov. 2010
Romania’s car market registered the fifth largest decline in the European Union in the first ten months of 2010, dropping three positions, down to the 17th spot, in terms of new car registrations, the Association of European Carmakers (ACEA) said in a press release Tuesday.

Romania’s Econ Min Launches Smart Grid Development Plan

12:01, 16 Nov. 2010
Romania’s Economy Minister Ion Ariton approved two days ago a plan of action aiming to introduce smart power grids in Romania, said Tuesday Claudiu Stafie, state secretary within the ministry.

Romanian Opp Lawmakers Boycott Lower Chamber Works Again

11:48, 16 Nov. 2010
Romanian opposition social democrats and liberal lawmakers Tuesday left Chamber of Deputies plenary meeting again, protesting against Speaker Roberta Anastase.

Romania’s Govt Wants To Pass Wage Bill Through Confidence Vote

09:32, 16 Nov. 2010
The Romanian Government will seek lawmakers’ confidence vote to pass the country’s public sector wage bill into legislation, Prime Minister Emil Boc said Monday.

Romanian Opp Lawmakers Protest Against Lower Chamber Speaker, Leave Plenary Meeting Again

18:40, 15 Nov. 2010
Romanian opposition social democrat and liberal lawmakers left the Chamber of Deputies plenary meeting on Monday, protesting against democrat liberal Speaker Roberta Anastase, whom they accused of abuse of office.

Romania To Sit Next Test In Schengen Accession – Airport Reevaluation

18:12, 15 Nov. 2010
Experts from the Schengen Area evaluation committee will visit Romania Monday to Wednesday, to assess the country's progress regarding air borders, as some European Union member states are skeptical about Romania's capacity to join the Area in March 2011.

ING Ups Romanian GDP Growth Forecast To -1.6% In 2010

16:40, 15 Nov. 2010
ING Bank Romania has lifted its forecast on Romanian gross domestic product growth to minus 1.6% in 2010, on better-than-expected third quarter GDP data, the lender said in a report Monday.

Romanian Govt Notifies Constitutional Court About Legal Conflict Btw State Institutions

15:05, 15 Nov. 2010
Romania’s Government asked the Constitutional Court in a letter to take note of a legal conflict between the Executive and the Parliament, as the latter refused to debate the no-confidence motion filed by the opposition after the Executive sought lawmakers’ confidence vote on the education bill.

Romanian Household Loan Demand Seen Rising Slightly In Q4

15:03, 15 Nov. 2010
Romanian banks estimate household lending will recover slightly in the fourth quarter of 2010, but demand is expected to remain weak, a quarterly central bank survey showed Monday.

Romanian Govt To Consult Constitutional Court On Education Bill – Sources

14:11, 15 Nov. 2010
Romania's Government will ask the Constitutional Court for an opinion on the procedure through which it may take a vote of confidence on the education bill, people close to the matter told MEDIAFAX on Monday.

EXCLUSIVE: Romania Govt Expects Thousands Of Complaints Over Recalculated Pensions

14:55, 14 Nov. 2010
The Romanian Government has received about 200 complaints over the recalculation of special pensions and expects their number to rise to tens of thousands but will dismiss them all as ungrounded.

Gazprom: Bulgaria Now Safe From Romanian Competition For South Stream

13:45, 14 Nov. 2010
Bulgaria can no longer be replaced by Romania as the European hub of the Russian-sponsored South Stream gas transit pipeline, Gazprom CEO Alexei Miller said in Sofia, novinite.com reported Sunday.

Romania PM Says Govt To Make A Top Priority Out Of Infrastructure Next Year

15:48, 13 Nov. 2010
Romanian Prime Minister Emil Boc said Saturday infrastructure works will be a top priority for the Government in 2011 because it is a major resource for economic growth and job creation.

Romanian Ctrl Bank Governor Says Arrears Worse Than Large Deficits

14:34, 13 Nov. 2010
Arrears are one of the reasons why Romania is in recession and has a high inflation rate and the chain of overdue payments is more dangerous than large deficits, central bank governor Mugur Isarescu said Saturday.

Romania PM Cuts Ribbon On 10 Km Of Transylvania Highway

13:54, 13 Nov. 2010
Romanian Prime Minister Emil Boc and Transport Minister Anca Boagiu on Saturday cut the ribbon to open a new ten-kilometer section of the Transylvania Highway between Turda and Campia Turzii in northwestern Romania.

Romanian Hidroelectrica Deputy Replaced Over Politics

20:09, 12 Nov. 2010
The managing board of Romanian hydropower generator Hidroelectrica decided to replace deputy general manager Traian Oprea and keep him on as consultant, people close to the matter told MEDIAFAX.

Bird Flu Strain Detected In Danube Delta

18:34, 12 Nov. 2010
Inspectors with the Sanitary Veterinary Department in the Southeastern Romanian county of Tulcea have detected the presence of the H5N3 subtype of the bird flu virus in 20 geese, located in a place called Cot Candura in the Danube Delta.

Romanian 2011 Draft Budget Ensures Wage Fund For 1.29 Million State Employees

16:34, 12 Nov. 2010
Romania’s Prime Minister Emil Boc said Friday that the draft budget for 2011 ensures salary funds for 1.29 million employees and dismissed as false union leaders’ recent statements that the salary fund included in the draft budget for next year does not cover the total number of state employees.

Romanian Ctrl Bk Calls On Government To Pay Its Debts

13:55, 12 Nov. 2010
Romanian central bank governor Mugur Isarescu on Friday called on the Government to resolve the general arrears issue and give a positive example to all taxpayers.

Romania Jan-Sept Current Account Gap Widens To EUR4.23B

13:50, 12 Nov. 2010
Romania's current account deficit widened 32.6% to EUR4.23 billion in the first nine months, from a gap of EUR3.2 billion a year earlier, largely due to the falling current transfers surplus, central bank data showed Friday.

Romania PM Says Govt May Continue Education Law Adoption Through Confidence Vote

13:33, 12 Nov. 2010
Romanian Prime Minister Emil Boc said Friday the Constitutional Court decision allows the Government to continue the adoption of the education bill through a confidence vote.

Romanian Govt’s Move To Adopt Education Bill Through Confidence Vote Groundless – Court

12:12, 12 Nov. 2010
The Romanian Government undermined the Parliament’s attributions as legislator by seeking to adopt the country’s education bill through a confidence vote, the Constitutional Court said Friday.

Romanian EU Affairs Adviser Says Romania’s Schengen Entry Could Be Delayed For Years

11:46, 12 Nov. 2010
Romanian presidential adviser for European affairs Leonard Orban told RFI Romania’s accession to the Schengen Area in March 2011 isn’t set in stone and a delay in March could extend into a delay for several years.

Romania 3Q GDP -0.7% On Quarter, Down 2.3% On Year

10:21, 12 Nov. 2010
Romania’s third quarter gross domestic product shrank by 0.7% in seasonally-adjusted terms compared with the previous quarter, a flash estimate of the country’s statistics institute showed Friday.

Romanian Drivers Won’t Be Obliged To Get Snow Tires This Winter

21:15, 11 Nov. 2010
Romanian drivers will not be obliged to equip their vehicles with snow tires this winter and the measure will be implemented starting November 2011.

Romanian SMEs Guarantee Fund Grants 30,500 First Home Loan Guarantees Of EUR1.25B

20:13, 11 Nov. 2010
The Romania fund guaranteeing SME loans FNGCIMM granted 30,500 loan guarantees amounting to EUR1.25 billion, since the start of the local First Home program in mid-2009, fund president Aurel Saramet said Thursday.

Terrorism Convict Omar Hayssam In Syrian Prison – Syrian President Bashar Al-Assad

18:08, 11 Nov. 2010
Omar Hayssam, convicted of terrorism in Romania, is currently in a Syrian prison, said Syrian President Bashar al-Assad in an interview with daily newspaper "Adevarul," adding the two states will discuss a further course of action once Hayssam has served his sentence.

Romanian Public Sector Restructuring To Continue Into Next Year – President

17:11, 11 Nov. 2010
Romanian President Traian Basescu said Thursday that 26,000 public servants must be laid off by the end of the year and that the restructuring of the public sector will continue next year, through a qualitative approach.

Romanian President Supports Introduction Of Tax On Untilled Land

15:49, 11 Nov. 2010
Romanian President Traian Basescu said Thursday he supports the introduction of a tax on untilled land, which should be set at least to the level of the subsidy per hectare of land granted in line with European Union regulations.

Romania, Syria Signed Extradition Treaty Wednesday, Says President

14:50, 11 Nov. 2010
Romania and Syria signed an extradition treaty Wednesday evening, President Traian Basescu said Thursday.

More Than Half Of Romanians Struggle To Pay Bills, 25% In Debt – Study

14:20, 11 Nov. 2010
More than half of Romanians struggle to pay their bills and almost one in four is in debt, according to the population confidence index measured by the Consumer Confidence Barometer developed by market research firm GfK.

Romanian Interior Min Fulfilled Duties For Schengen Accession – Minister

14:07, 11 Nov. 2010
Romanian Interior Minister Traian Igas said Thursday the ministry fulfilled its duty regarding Romania’s accession to the Schengen Area, adding that, from now on, the country must improve lobbying efforts.

Romania Can’t Sustain GDP Growth Of Over 5% On Long Term – Ctrl Bker

13:36, 11 Nov. 2010
Romania is missing the required “ingredients” for a sustainable economic growth of over 5% on the long term, because of declining population and of its dependency on foreign capital, a central bank official said Thursday.

Romanian President Says Employers Make National Sport Out Of Dodging Laws

12:59, 11 Nov. 2010
Romanian President Traian Basescu said Thursday dodging the law has become a national sport for the Romanian business environment, adding employers have a responsibility toward the state and must pay taxes and not encourage illegal labor.

Romanian Public Servants Threaten Strike Unless Bonuses Included In Wages

12:02, 11 Nov. 2010
Romanian public servants threaten to go on full-blown strike unless their bonuses are not included in salaries, said union leader Sebastian Oprescu ahead of a meeting with Finance Minister Gheorghe Ialomitianu Thursday.

Romanian Regional Development Ministry’s Current Projects Worth EUR2B – Min

12:00, 11 Nov. 2010
The Romanian Regional Development and Tourism Ministry's ongoing construction projects are worth around EUR2 billion and its budget for investments was EUR600 million this year, said minister Elena Udrea on Thursday.

Romanian Construction Market Seen Recovering Next Year

11:49, 11 Nov. 2010
Romania’s construction market is expected to make a recover next year, as the economy stabilizes, Regional Development and Tourism Minister Elena Udrea said Thursday.

No Interest In Buying Romanian State-Built Homes While Rents Low – Regional Development Min

11:41, 11 Nov. 2010
Romanian Regional Development and Tourism Minister Elena Udrea said Thursday that, as long as the rents on homes built by the National Housing Agency (ANL) are so low, no one will be interested in buying them.

Romanian Local Auth To Rehabilitate Building Facades And Retrieve Money From Homeowners

11:40, 11 Nov. 2010
Romanian local authorities will be able to use their own budgets to rehabilitate apartment buildings and then get their money back from homeowners, including through foreclosure, according to a bill drafted by the Development Ministry, minister Elena Udrea said Thursday.