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Romania PM Warns Contracts For EU Projs Are Terminated Unless Terms Observed

19:02, 11 Sept. 2010
Romanian Prime Minister Emil Boc Saturday warned local mayors and county council heads at a party meeting that contracts for EU-funded projects are to be terminated, regardless of political affiliation, unless contract terms are observed.

Romanian PM Says Large Infrastructure Works Should Have Been Done In The ’90s

18:51, 11 Sept. 2010
Romanian Prime Minister Emil Boc said Saturday the Government is having trouble paying people expropriated for infrastructure works and the matter could have been solved a lot cheaper in the '90s.

Romanian Govt Pledges To Eliminate Income Tax Exemptions For Computer Programmers

00:02, 11 Sept. 2010
Romania’s Government pledged in its additional Memorandum of Understanding agreed with the European Union to extend the income taxation pool by taxing food vouchers and bank deposit interest, as well as by gradually eliminating income tax exemptions for computer programmers.

Gazprom: Romania Confirms Interest In South Stream Pipeline

19:30, 10 Sept. 2010
Russian natural gas giant Gazprom Friday said Romania confirmed its interest in the South Stream pipeline project.

Registration Of New, EU-Bought Cars In Romania To Require Proof Of VAT Payment

16:50, 10 Sept. 2010
Natural persons may no longer register cars originating in the EU without proof of VAT payment, in the case of new cars, or a certificate exempting them from VAT payment, in the case of used cars, says an order by Romania’s Interior Ministry and Finance Ministry.

Romanian Self-Employed People Not Targeted By Draft Decree On Social Security Contributions

16:50, 10 Sept. 2010
Romanian self-employed people will not pay social security contributions for their income as stipulated by Government emergency ordinance 58/2010, once a draft act amending the decree comes into force.

Romania Jan-July Current Account Gap Widens To EUR3.8B

14:40, 10 Sept. 2010
Romania's current account deficit widened 38.5% to EUR3.79 billion in the first seven months of the year, from a gap of EUR2.74 billion a year earlier, largely due to the falling current transfers surplus, central bank data showed Friday

Two Divers Missing In Black Sea Near Turkish Cargo Ship Wreck

10:44, 10 Sept. 2010
Two divers employed by a private firm went missing Thursday evening during explorations of the wreckage of Turkish cargo ship Medy, which sunk off the Romanian Black Sea coast on September 1.

Romania August CPI +0.23% On Month, +7.6% On Year

10:15, 10 Sept. 2010
Romanian consumer prices inched up 0.23% in August after a 2.6% increase a month earlier, while the annual inflation accelerated to 7.58%, the highest rate in two years, the country’s statistics institute INS said Friday.

Romanian Media Owner Vintu Arrested For One Month For Allegedly Aiding A Fraud Convict

06:44, 10 Sept. 2010
Romanian media owner Sorin Ovidiu Vintu was placed under one-month preventive arrest Thursday night, along Octavian Turcan and Alex Stoian, on charges of aiding Nicolae Popa, sentenced to 15 years in prison for fraud, flee the country.

Romania Readies Measures For Roma Social Inclusion; Pushes For Free Movement In EU

21:10, 09 Sept. 2010
The Romanian Government plans to take measures for the social inclusion of Roma, which will rely on available European Union funds, and considers that the principle of free movement of European citizens in the EU must be observed, the Executive said in a press release Thursday.

EXCLUSIVE: Romanian Govt Pledges To Keep Pensions Frozen, Sack 90,000 More Public Employees

17:59, 09 Sept. 2010
The Romanian Government stands by its commitment to sack 74,000 public sector employees by the end of 2010, at least 15,000 more in 2011, keep pensions frozen next year and scrap the 13th monthly salary, vacation bonuses and heat subsidies.

Indonesian President Approved Extradition Of Romanian Fraud Convict Nicolae Popa

17:11, 09 Sept. 2010
Indonesian President Susilo Bambang Yudhoyono has approved Romanian authorities’ request for the extradition of Nicolae Popa, convicted for fraud and detained in Jakarta on December 2, 2009, but the repatriation procedure will take more time, people close to the matter said Thursday.

EXCLUSIVE: Romania Ups ‘10 Primary Spending Fcast, Cuts Revenue Estimate

15:40, 09 Sept. 2010
Romania's Government revised upward its estimate on primary spending to 131.5 billion lei (EUR1=RON4.2821) this year, from RON130.9 billion previously, according to the additional letter of intent to its International Monetary Fund deal.

EP Calls On France, Other EU Member States To “Immediately Suspend” Roma Expulsions

15:34, 09 Sept. 2010
The European Parliament on Thursday adopted a resolution urging France and other European Union member states to "immediately suspend all Roma expulsions”, which have stirred controversy in recent weeks.

EXCLUSIVE: Romania To Cap Monitored Companies’ Losses At RON4B In 2010

15:05, 09 Sept. 2010
Romania's Government has committed in an additional letter of intent to its International Monetary Fund deal to limit to 4 billion lei (EUR1=RON4.2821) the losses of ten of the biggest money-bleeding companies in 2010.

Romanian Govt Pledges To Peg Public Salaries To Private Sector, Cut Bonuses

14:50, 09 Sept. 2010
Romania’s Government pledged, in the new letter of intent to the IMF, to provide fewer bonuses in the unitary wage law, as well as implement a system to correlate the salaries in the public sector with those in the private sector and set them according to each employee’s duties and skills.

Over 150 Unionists Picket Romanian Health Ministry

14:47, 09 Sept. 2010
Over 150 members of the Romanian “Sanitas” Federation of healthcare unions are picketing the Health Ministry’s headquarters Thursday over wage cuts and vow to continue protests the entire month.

Romania Calls On EU To Strengthen Efforts In Tackling Roma Expulsion Issue

14:30, 09 Sept. 2010
Romanian Prime Minister Emil Boc said Romania must call on the European Union to strengthen its efforts in solving the issue of recent expulsions from France of Romanian citizens of Roma ethnicity.

EXCLUSIVE: Romanian Businessman Detained Based On Evidence From Cyprus, Indonesia

14:08, 09 Sept. 2010
Romanian prosecutors Thursday detained businessman Sorin Ovidiu Vantu after information provided by authorities in Cyprus and Indonesia last week showed Vantu was transferring money to fraud-convict Nicolae Popa, who fled the country after being sentenced to 15 years in prison.

Romanian Businessman Sorin Ovidiu Vantu Detained For 24 Hours In Fraud Case

13:32, 09 Sept. 2010
Romanian prosecutors Thursday detained businessman Sorin Ovidiu Vantu for 24 hours in a case regarding Nicolae Popa, a former manager of company Gelsor sentenced to jail time for fraud.

Romanian Electricity Transporter Transelectrica “Is Still In Recession” – GM

13:30, 09 Sept. 2010
The financial results posted by Romanian state-owned electricity transporter Translectrica (TEL.RO) in the first half of the year were influenced, among others, by unpaid debts, and the company is still in “recession”, Thursday said company general manager Adrian Baicusi.

Romania Mosquito-Borne West Nile Virus Infections Reach 25

12:27, 09 Sept. 2010
Romania has confirmed five new infections with the mosquito-borne West Nile virus, taking the total number of confirmed infections to 25, the Health Ministry said Thursday.

Romania’s Population Decreased By 1,157 People In July 2010

11:56, 09 Sept. 2010
Romania's population decreased by 1,157 people on the month in July 2010, driven by a negative natural growth, according to data released Thursday by the National Statistics Institute (INS).

Romania Jan-July Trade Gap Widens To EUR5.36B

10:20, 09 Sept. 2010
Romania’s trade deficit widened to EUR5.36 billion in January to July, from EUR5.23 billion in the same period a year earlier, the National Statistics Institute said Thursday.

Romania’s Revised Constitution Bill To Be Sent To Parliament This Fall – President

09:24, 09 Sept. 2010
Romanian President Traian Basescu said Wednesday evening that the draft law to revise the Constitution, which was drawn up by the Government, will be sent to Parliament this fall, adding the draft act is currently analyzed by the Presidency.

Romanian Dacia Logan Sales In Russia Up 12% In Jan-August 2010

19:20, 08 Sept. 2010
Romanian carmaker Dacia sold 39,389 Logan models in Russia in the first eight months of 2010, up 12% from 2009, ranking fifth among the best-sold brands, in a market which grew 14%, to 1,135,074 cars.

Romanian Corruption-Charged Mayor To Be Released From Arrest

17:39, 08 Sept. 2010
The Galati Court of Appeals Wednesday ruled to release from arrest Antonie Solomon, the suspended Mayor of Romania’s southern city of Craiova, indicted on charges of corruption and intellectual forgery.

Romanian Healthcare Service Co-Payment System To Be Introduced In Jan 2011

15:34, 08 Sept. 2010
Romanian will introduce the co-payment system for healthcare services in January 2011, Health Minister Attila Cseke said Wednesday.

Romanian Govt: Employers To Withhold, Pay Social Contributions For Copyright Income

15:15, 08 Sept. 2010
The Romanian Government decided in its meeting Wednesday that employers shall withhold, declare and calculate the pension insurance contribution and the contribution to the unemployment fund for their employees’ income from copyright, Labor Minister Ioan Botis said Wednesday.

Romania Govt Approves Letter Of Intent To IMF Deal

15:10, 08 Sept. 2010
Romania's Government Wednesday approved an additional letter of intent to its EUR13 billion loan agreement with the International Monetary Fund, Finance Minister Gheorghe Ialomitianu said.

Romania Government OKs Merger Of Three Electrica Branches

14:50, 08 Sept. 2010
Romanian state-run power distributor Electrica SA received the government’s go-ahead to merge three of its units into a single supplying company, named Electrica Furnizare, according to a Government decision approved Wednesday.

Romanian Unionists To Picket Health Ministry Thursday, More Protests Forthcoming

14:45, 08 Sept. 2010
Around 200 members of the Romanian “Sanitas” Federation of healthcare unions will picket the headquarters of the Health Ministry on Thursday, in protest to salary cuts and problems with the decentralization process.

Romania 1H Beer Sales Dn 11%, To About 8M Hl

14:14, 08 Sept. 2010
Romania's beer sales volume decreased by 11% in the first half of the year, compared to the same interval in 2009, to about eight million hectoliters, according to the ‘Romanian Brewers’ association.

Romania’s VAT Revenues Up 25% In First Month After VAT Hike – PM

12:05, 08 Sept. 2010
Romania’s value added tax revenues were up 25% in the month following the increase of the VAT level to 24% from 19%, compared to the average VAT revenues registered in the months preceding the fiscal measure, Prime Minister Emil Boc said Wednesday during a Government meeting.

Romania PM Says Govt Not In Favor Of Doubling Social Security Contributions For Copyright Income

11:18, 08 Sept. 2010
Romanian Prime Minister Emil Boc said in the Government meeting Wednesday that the Executive is not in favor of doubling social security contributions for people who gain income from copyright and asked Finance Minister Gheorghe Ialomitianu to consider this aspect.

Romanian Employers To Declare, Pay Social Security Contributions For Copyright Income – Draft

19:03, 07 Sept. 2010
Romanian employers will have to withhold, declare and calculate the pension insurance contribution and the contribution to the unemployment fund for their employees’ income from copyright, according to a draft government emergency ordinance.

Romanian Govt To Change Car Pollution Tax; Owners Of Old Cars Might Pay More – Minister

17:47, 07 Sept. 2010
Romanian Environment Minister Laszlo Borbely said Tuesday that the car pollution tax will be changed to the effect that owners of older cars, “which produce more pollution,” will have to pay a higher tax.

Romanian Opp Liberals To File Motion Against Labor Min Next Week, Motion On Health In Two Weeks

17:25, 07 Sept. 2010
Romania’ s opposition Liberal Party on Tuesday said the simple motion against the Labor Ministry will be submitted in the Chamber of Deputies next week and a motion on health will be submitted in about two weeks.

President Basescu Says Govt To Approve Extra RON8M Funds For Dam Works In NE Romania

16:51, 07 Sept. 2010
Romanian President Traian Basescu on Tuesday said the Government will approve, in its meeting Wednesday, additional funds of 8 million lei (EUR1=RON4.2915) for the construction of the dam over the Siret river, in the area of Saucesti commune, in Romanian northeastern county of Bacau.