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Romanian Car Market Sees Third Largest Decline In EU In 1H, Of 41.5%

12:24, 15 Iul. 2010
Romania’s car market registered the third biggest decline in the European Union in the first half of the year, of 41.5%, while bigger declines were registered only in neighboring Bulgaria and Hungary and the EU car market increased 0.2%.

Autopsy Confirms Romanian Singer Madalina Manole Committed Suicide

12:08, 15 Iul. 2010
Medical examiners have concluded the autopsy of Romanian singer Madalina Manole, found dead Wednesday morning in her home, and ruled the death suicide, people close to the investigation told MEDIAFAX.

Romanian Graft-Indicted Senator Stays In Custody, Trial Starts In Sept

11:20, 15 Iul. 2010
Romania’s Supreme Court ruled Thursday graft-indicted senator Catalin Voicu is to remain in custody, after it moved the start of the trail to September on Wednesday.

Romanian Govt Approves Program To Purchase Materials To Rebuild Flood-Affected Homes

20:49, 14 Iul. 2010
Romania’s Government approved Wednesday a program through which the state will provide materials for the reconstruction or repair of homes affected by “natural disasters” in 2010.

Romanian State Secretary, Deputy Prefect Cuts To Save Up EUR2 Million In 2010

20:33, 14 Iul. 2010
Romania’s Government estimates savings of up to EUR2 million by the end of this year, and EUR4.5-5 million over an entire year, by reducing the number of state secretaries, undersecretaries of state and deputy prefects.

Trial Of Romanian Graft-Charged Senator Voicu Postponed For September

20:09, 14 Iul. 2010
The trial in which Romanian senator Catalin Voicu, judge Florin Costiniu and businessmen Marius Locic and Costel Casuneanu are charged with corruption has been rescheduled for September, before the Supreme Court ruled whether Voicu was to remain in custody or not.

EC Report: 81% Of Pre-Accession Fund Fraud Cases Reported In Romania, Bulgaria

19:25, 14 Iul. 2010
A European Commission report published Wednesday says 81% of the instances of irregularities with pre-accession funds in 2009 were reported in Romania and Bulgaria, accounting for 93% of the irregular amounts reported that year.

Romania’s Govt Cuts 2,450 Positions Within Environment Min

18:57, 14 Iul. 2010
The Romanian Government decided in a meeting Wednesday to cut 2,450 positions within the Environment Ministry and the bodies subordinated to the institution, Environment Minister Laszlo Borbely told MEDIAFAX Wednesday.

Romanian PM Signs Decisions To Dismiss 17 State Secretaries, Two State Undersecretaries

18:55, 14 Iul. 2010
Romanian Prime Minister Emil Boc said Wednesday he signed the decisions whereby 17 state secretaries and 2 undersecretaries of state are released from office.

Miss Universe Romania 2010 Winner Turns Down Crown, Runner-Up To Take Her Place

17:34, 14 Iul. 2010
Alexandra Catalina Filip, winner of Miss Universe Romania 2010, announced Wednesday she is turning down the crown, which will go to the runner-up, Oana Paveluc.

Number Of Suspended Romanian Cos Falls In 1H

16:44, 14 Iul. 2010
The number of Romanian companies that temporarily suspended activity in the first six months this year halved, to 42,417 from 80,646 in the same interval of the previous year, according to data from the national trade registry.

Erste: Romanian Disposable Income To Fall 10% In 2010

16:15, 14 Iul. 2010
Romanian disposable income is expected to decrease by around 10% in real terms this year and by 0.8% in 2011, according to an Erste Bank report released Wednesday.

Romanian TV Station Owner Dan Diaconescu Charged With New Count Of Blackmail

14:59, 14 Iul. 2010
Mihai Ghezea, the former manager of Romanian magazine “Atac la persoana,” has been indicted in the case of TV station owner Dan Diaconescu, who has been charged with a new count of blackmailing, people close to the matter told MEDIAFAX on Wednesday.

Romanian Singer Madalina Manole Willingly Ingested Toxic Substance, Investigators Say

14:35, 14 Iul. 2010
Prosecutors say Romanian singer Madalina Manole, who was found dead Wednesday morning in her home, willingly ingested a toxic substance, which qualifies her death as suicide.

Romania Leader In E Europe Regarding End-Of-Life Care Development

14:20, 14 Iul. 2010
Romania has become leader in Eastern Europe regarding end-of-life care, although, during Ceausescu communist regime, care for terminally ill was non-existent, according to a survey conducted by the Economist Intelligence Unit (EIU).

Over 72,000 Romanians Left For Work Abroad In 1H 2010

13:58, 14 Iul. 2010
Over 400,000 Romanians applied for jobs abroad ion the first half of the year and 72,462 were hired for periods of three to 12 months, according to statistics of recruitment website Tjobs.ro.

Romania May Indus Output Sees 5th Biggest Monthly Fall In EU

13:30, 14 Iul. 2010
Romania’s industrial production nudged down 0.2% on the month in May, the fifth largest decrease in the European Union, official data showed Wednesday.

Romania’s June Annual Inflation, 3rd Highest In EU

12:42, 14 Iul. 2010
Romania posted the third highest annual inflation rate in the European Union in June, after Greece and Hungary, official data showed Wednesday.

Romanian Singer Madalina Manole Found Dead, Suicide Suspected

08:43, 14 Iul. 2010
Romanian singer Madalina Manole was found dead Wednesday morning in her home in Otopeni, near Bucharest.

Romanian Transporters Say Progressive Income Tax Will Encourage Black Labor Mkt

21:01, 13 Iul. 2010
A progressive income tax in Romania will only encourage the black labor market and drive foreign investors away, as workforce costs will be on the rise, according to representatives of companies in the Romanian transport sector.

Romanian President Challenges Constitutionality Of Revised National Integrity Law

20:26, 13 Iul. 2010
Romanian President Traian Basescu challenged with the Constitutional Court the revised version of the law regulating the activity of the country’s National Integrity Agency (ANI), the Presidency said in a press release Tuesday.

Romania, Switzerland To Sign EUR130M Cooperation Agreement In August – Swiss Ambassador

19:25, 13 Iul. 2010
Romania and Switzerland will sign a EUR130 million five-year agreement on August 26, for cooperation in various fields, including cyber crime fighting, Swiss Ambassador to Bucharest Livio Hurzeler said Tuesday.

PM Frowns On Romania’s Low EU Fund Absorption Rate, Fears Country Might Lose The Money

17:04, 13 Iul. 2010
Romanian Prime Minister Emil Boc on Tuesday said he is displeased with Romania’s low absorption rate of European Union funds, which, he stressed, might prevent Romania from using all EU grants at its disposal in 2010.

Romanian PM Bans Ministers From Speaking Publicly On Topics Without Govt Approval

16:34, 13 Iul. 2010
Romanian Prime Minister Emil Boc said Tuesday the finance minister’s public statements about the introduction of a progressive taxation system as of next year was not considered and approved by the Government and banned ministers from speaking publicly about unapproved issues.

Romanian Automobile Dacia Made 300,000 Sandero Cars In 2 Yrs

16:12, 13 Iul. 2010
Romania’s Automobile Dacia, owned by French Renault, has produced 300,000 Sandero cars since the 2008 launch of the model, which has become Dacia’s best-sold car model, especially in Western Europe, the company said Tuesday.

Maximum Flood Alert On Prut River In E Romania Extended Until Friday

15:48, 13 Iul. 2010
Romanian hydrologists maintain the maximum flood alert level on river Prut, in the east of the country along the border with the Republic of Moldova, until Friday around noon.

KazMunayGas May Use Preemption Right Over Possible Romanian Stake In Rompetrol

13:54, 13 Iul. 2010
Kazakhstan’s KazMunayGas, owner of Rompetrol group, could buy back any shares Romania might take over in oil refinery Rompetrol Rafinare (RRC.RO) if the former is not able to fully repay its debt to the country, the head of Rompetrol said Tuesday.

Romania Public Debt Rises To 34% Of GDP In April

13:45, 13 Iul. 2010
Romania’s public debt rose to 34.07% of the gross domestic product in April from 30.06% of the GDP a month earlier, Finance Ministry data showed Tuesday.

Romania To Allot RON900M For Flood Defense Projects

12:54, 13 Iul. 2010
Romania’s Environment Minister, Laszlo Borbely, announced Tuesday that the Government would allot around 900 million lei (EUR1=RON4.2471) for flood defense projects, the largest amount for such a project in the last 20 years.

Romania Jan-May FDI Fall 32% To EUR1.43B

11:06, 13 Iul. 2010
Foreign direct investment, or FDI, in Romania fell to EUR1.43 billion in the first five months, from EUR2.1 billion in the year-earlier period, the central bank said Tuesday.

Romania Jan-May Current Account Gap Widens 46% To EUR2.9B

11:02, 13 Iul. 2010
Romania's current account deficit widened 45.7% to EUR2.87 billion in January to May, from EUR1.97 billion in the same period a year earlier, largely due to the decreasing surplus in the current transfers balance, the central bank said in a statement Tuesday.

Chelsea London Wants Striker Mutu Suspended Indefinitely Over EUR17M Debt

10:40, 13 Iul. 2010
Chelsea London has called on FIFA to suspend Fiorentina’s Romanian striker Adrian Mutu until he pays the London club EUR17 million damages for testing positive for cocaine in 2004, the Italian media reported Tuesday.

President Says Romania Could Overcome Crisis More Easily If It Used EUR30B EU Funds

20:49, 12 Iul. 2010
Romanian President Traian Basescu said Monday, in the presence of the President of the Palestinian National Authority, Mahmoud Abbas, that Romania could overcome the economic crisis “more easily” if it used the EUR30 billion non-reimbursable funds from the European Union.

Romanian Ambassador To Chile Involved In Car Crash, One Person Injured

19:50, 12 Iul. 2010
Romania’s Ambassador to Chile, Valentin Florea, was involved in a car crash, said the online Monday edition of Chilean daily La Nacion, according to which the Romanian diplomat was unhurt, but another driver was seriously injured.

Romanian President Basescu Restates Support For Palestine-Israel Direct Negotiations

19:34, 12 Iul. 2010
Romanian President Traian Basescu said Monday, after meeting with Palestinian National Authority leader Mahmoud Abbas, that Romania encourages and strongly supports the resumption of direct negotiations between Palestine and Israel.

Romanian Justice Min To Be Reorganized; To Keep Two State Secretaries, One Undersecretary

17:58, 12 Iul. 2010
Romania’s Justice Minister Catalin Predoiu on Monday said his ministry will be reorganized and a decision on the number of employees to be sacked will be made after the Government meeting next Wednesday.

Romanian FM Cuts Utilities, Transport, Staff Spending Amid Austere Measures

16:18, 12 Iul. 2010
Romania’s Foreign Minister Teodor Baconschi on Monday said his ministry has already taken spending cut measures, which imply, among others, the renegotiation of rental contracts, a cut in utilities costs and the switch to low-cost flights and internet telephony.

Half Of Romanian Journalists Consider Media Outlet Owners Influence Editorial Content – Survey

15:14, 12 Iul. 2010
About half of Romanian journalists (50.8%) and almost as many Romanian Public Relations professionals (44%) believe editorial content is generally influenced by media outlet owners, said a survey on transparency in PR-media-public relations.

Romanian Ctrl Bank Move Depends On Insider Trade Case Ruling

14:36, 12 Iul. 2010
The central bank will not act against the four bankers involved in an insider trading case until the court issues a ruling, central bank official Adrian Vasilescu told MEDIAFAX.

Romanian Authorities Seize EUR13.5M In Insider Trading Case

14:20, 12 Iul. 2010
Romanian prosecutors seized assets worth a total EUR13.5 million in the case involving the insider trading charges brought against the chairman of lender Banca Transilvania, Horia Ciorcila and three other bankers.