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Bucharest Public Transport Authority RATB To Launch Bus Lines To Landmarks Close To City

17:37, 27 Iul. 2010
Bucharest public transport authority RATB will launch, on August 1, nine bus lines to the monasteries and landmarks close to the city, including the Comana National Park, one of Romania’s wettest areas, Regional Development and Tourism Minister Elena Udrea said Tuesday.

Romania Has Money To Pay Pensions In 2010 – Fin Min

14:53, 27 Iul. 2010
Romania will not face problems with paying pensions this year, Finance Minister Sebastian Vladescu said Tuesday.

Romania Fin Min Dismisses Talks About New IMF Loan

14:17, 27 Iul. 2010
Romanian Finance Minister Sebastian Vladescu on Tuesday dismissed talks with the International Monetary Fund regarding a new loan agreement.

Romania GDP Could Fall By 1%-2% In 2010 – Fin Min

14:06, 27 Iul. 2010
Romania’s newly introduced 24% value added tax will take its toll on the economy this year, which could decline by 1% to 2%, Finance Minister Sebastian Vladescu said Tuesday.

IMF Worried About Poor EU Fund Absorption Rate In Romania

14:03, 27 Iul. 2010
The Internationally Monetary Fund is concerned about the weak absorption rate of European funds in Romania and will work with the authorities to identify new ways to step up the process, IMF mission chief Jeffrey Franks said Tuesday.

Romanian SMEs Assoc: IMF To Revise ’10 GDP Forecast To -2%

13:06, 27 Iul. 2010
The International Monetary Fund estimates Romanian economy will contract by around 2% this year and will pick up modestly in 2011, head of the National Council of Private SMEs, Ovidiu Nicolescu said Tuesday.

IMF, Romania Discuss New Loan Agreement – Employers’ Assoc

12:43, 27 Iul. 2010
Romanian authorities and the International Monetary Fund are discussing a possible new loan to the eastern European country, the head of Romanian employers’ confederation UGIR-1903 said Tuesday, citing talks with IMF mission chief Jeffrey Franks.

Israeli Transport Helicopter Crashes In C Romania – Romanian Defense Ministry

19:46, 26 Iul. 2010
Romania’s Defense Ministry said Monday that an Israeli CH-53 helicopter carrying six Israeli troops and one Romanian soldier lost radio contact with the control center and was later found to have crashed near Fundata, central Romania.

Heavy Rain Expected In 22 Romanian Counties Monday Evening To Tuesday Evening

19:00, 26 Iul. 2010
Romanian meteorologists on Monday issued a code yellow advisory for heavy rain, valid from Monday evening until Tuesday evening for 22 counties in northern and central Romania.

Romania To Launch Tourist Brand At Shanghai Expo On Thursday

16:17, 26 Iul. 2010
Romania’s tourist brand will be launched Thursday at the 2010 World Expo in Shanghai, with Tourism Minister Elena Udrea, Foreign Minister Teodor Baconschi and former sportspeople Nadia Comaneci, Ilie Nastase and Gheorghe Hagi in attendance.

IMF Says Romania Loan In No Danger Of Suspension

15:05, 26 Iul. 2010
The International Monetary Fund’s decision to postpone the conclusion of a budgetary revision in Hungary should not have any influence on Romania’s EUR13 billion agreement with the fund, IMF mission chief Jeffrey Franks said Monday.

Romanian Govt Considers Taxing Large Fortunes

14:48, 26 Iul. 2010
Romania’s Government is working on a wealth tax bill, based on a proposal by leftist party UNPR, which stipulates higher taxes on large fortunes, Prime Minister Emil Boc said Monday.

One Romanian Dead, Ten Injured In Car Crash In Hungary – Foreign Ministry

14:34, 26 Iul. 2010
One Romanian national died and ten were injured in a car accident that occured Monday morning in Hungary, on a road close to the Romanian border, Romanian Foreign Affairs Ministry said Monday.

IMF To Revise Romania’s 2010 Economic Forecast

13:45, 26 Iul. 2010
The International Monetary Fund is expected to revise its forecast on Romanian economic growth for 2010 shortly, a fund official said Monday, hinting that the revision will be more optimistic compared to a 3% contraction envisaged by the European Bank for Reconstruction and Development.

Capital Economics: Romania Economy To Decline By 2.5% In 2010

13:23, 26 Iul. 2010
Romania’s tough austerity measures designed to reduce the budget gap and keep a multilateral aid agreement on track will not come cheap and the country’s economy is expected to shrink by 2.5% in 2010, London-based Capital Economic said in a survey.

One Romanian Dead, Nine People Injured In Car Crash In Hungary

13:17, 26 Iul. 2010
One Romanian national died and nine people were injured Monday in a car crash in Hungary, on a road 30 kilometers from the border with Romania, border police officials in Bihor, western Romania, told MEDIAFAX.

American Actor Nicolas Cage Wants To Shoot ‘Ghost Rider’ Sequel In Romania

12:48, 26 Iul. 2010
American actor Nicolas Cage said in an interview for MTV News that he wants to shoot ‘Ghost Rider' Sequel in Romania.

Hydrologists Issue Flood Warnings For Rivers In NE, E And W Romania

17:20, 25 Iul. 2010
Romanian hydrologists issued Sunday a code yellow flood warning, valid until 11 p.m. on Monday, extending the advisory issued Saturday for the western half of the country.

Romanian Health Ministry Reduces Internship Period For 36 Of 59 Specializations

14:49, 25 Iul. 2010
The mandatory period of internship required of Romanian medical graduates will be reduced by one year as of 2010, for 36 of 59 specializations, Romania’s Health Ministry announced Sunday.

Romanian President Basescu Calls For EU Program For Roma Inclusion

14:28, 24 Iul. 2010
Romanian President Traian Basescu said Saturday at a seminar in Baile Tusnad, central Romania, that the social inclusion of Roma people is not only a Romanian or Hungarian issue and called for a European project towards this end.

Romanian Govt To Give Consumers Partial Refund In Exchange For Receipts

14:03, 24 Iul. 2010
Buyers of goods and services will receive a partial refund from the state, in exchange for their receipts, and will also enjoy tax deductions for home improvement work, up to a yearly ceiling yet to be decided by the Romanian Government.

Romanian Conservative Leader Calls For Discussion On Head Of State’s Suspension

20:35, 23 Iul. 2010
Romanian Conservative Party founding president and senator Dan Voiculescu has asked the Senate leadership to discuss whether preliminary procedures to suspend President Traian Basescu are required, but the signatures of a third of lawmakers are required to begin this process.

Romanian President Calls On Parliament To Reexamine Public-Private Partnership Law

19:05, 23 Iul. 2010
Romania’s President Traian Basescu Friday sent to the Parliament a request to reexamine the law regulating the partnership between the public and the private sectors, saying that the Government emergency decree regarding public procurement contracts is more comprehensive than the law.

No Liquidity Problems For Romania – Fin Min

15:00, 23 Iul. 2010
Romania has the means to deal with current costs and it faces no liquidities problems whatsoever, Finance Minister Sebastian Vladescu said Friday, adding that the ministry’s main concern is to ensure adequate financing costs.

Romanian Foreign Ministry Restates Non-Recognition Of Kosovo Independence

14:24, 23 Iul. 2010
Romania’s Foreign Ministry restated that Romania does not recognize Kosovo’s independence, arguing that the International Court of Justice’s opinion only concerns the text of the declaration and not its legal consequences, namely the legality of the creation of a new state.

Romania Fin Min Says Tax Changes Not Analyzed

14:14, 23 Iul. 2010
Romania's Finance Ministry doesn’t contemplate a revision of the country’s taxation system, minister Sebastian Vladescu said Friday.

Romanian Govt OKs Justice “Small Reform” Bill

13:26, 23 Iul. 2010
Romania’s Government approved Friday in a special meeting the draft law of “small reform” in the justice system, which implements a series of measures to speed up trials, people close to the matter told MEDIAFAX.

Romanian Govt Adopts Application Norms To Decree Fighting Tax Evasion

13:01, 23 Iul. 2010
Romania’s Government adopted Friday application norms to its recent decree fighting tax evasion.

Corruption Is Main Problem In Romanian Healthcare, Medic And Patient To Blame – Poll

20:57, 22 Iul. 2010
Corruption is seen as the Romanian healthcare system’s biggest issue and both doctor and patient are to blame for bribery, says a poll conducted by the non-governmental Association for the Implementation of Democracy, published Thursday.

Romanian President Basescu Recalls Ambassador To Chile, Recently Involved In Car Crash

19:50, 22 Iul. 2010
Romanian President Traian Basescu on Thursday signed the decree recalling Romania’s ambassador to Chile, Valentin Florea, who was recently involved in a car crash.

Romanian Labor Ministry Reorganizes Social Service Agencies As Depts, Cuts Staff

18:52, 22 Iul. 2010
The Romanian Authority for People with Disabilities, the Family Protection Authority and the Agency for Equality of Chances between Men and Women will be reorganized as departments within the Labor Ministry, the institution said in a press release Thursday.

EBRD Cuts Romania GDP Forecast To -3% In 2010

18:47, 22 Iul. 2010
The European Bank for Reconstruction and Development Thursday revised its forecast for Romanian economy to minus 3% in 2010, from zero growth previously, citing disappointing first-quarter figures and government-imposed austerity measures which are expected to add to consumption decline.

World Bank: Romania Attractive For Long-Term Investments

16:31, 22 Iul. 2010
Romania remains an attractive country for long-term investments, but it’s less appealing to investors looking for quick scores, an official at the World Bank said Thursday.

WB: Multilateral Loan Recommended For Romania’s Budget Needs

16:17, 22 Iul. 2010
Low borrowing costs are vital to ensure adequate financing to cover Romania’s budget needs, an official at the World Bank said Thursday, adding that a new international loan package may be a good move at this time.

Romanian High Council Of Magistrates To Debate EC Justice Report In Sept

16:09, 22 Iul. 2010
The Romanian High Council of Magistrates (CSM) specialized departments will analyze the EC justice report and, based on the analysis’ result, the institution will decide on the measures to be taken to remediate the problems emphasized by the EC, CSM president Florica Bejinaru said Thursday.

Romanian Singer Madalina Manole’s Parents To File For Her Son’s Custody

14:12, 22 Iul. 2010
The parents of Romanian singer Madalina Manole, who killed herself last week, will file for custody of their daughter’s one year-old child, their lawyer Beatrice Comaniceanu told MEDIAFAX.

Romanian Loan Guarantee Fund Grants EUR144M For Agriculture Programs In 1H

13:58, 22 Iul. 2010
The Romanian Rural Loan Guarantee Fund (FGCR) granted EUR144 million in guarantees in the first half of the year for agriculture programs that need EU funds, and 66% of the total loan guarantees were granted for investment projects.

EU Rejects Romania’s Plans To Apply Reverse Taxation On Food

13:51, 22 Iul. 2010
The European Commission has rejected reverse taxation in the food sector, which entails that transaction taxes will be paid by beneficiaries and not by entities that delivered the merchandise, said Thursday Aurel Popescu, head of Romania’s bread industry association Rompan.

EU Warns 25% Pay Cut At Romania Ctrl Bank Breaches Treaty – Sources

13:45, 22 Iul. 2010
The European Commission warned it might initiate infringement proceedings against Romania unless the government renounces a 25% pay cut for central bank staff, people familiar with the matter said Thursday.

Romanian Transporters To Stage Protests In Bucharest In Sept

11:40, 22 Iul. 2010
Romanian transporter federation FORT will stage protests in capital Bucharest at the beginning of September, over “deplorable” road infrastructure and not having been paid overdue state debts, the federation said in a press release Thursday.