English

Romanian Govt To Cut Spending In Ministries, Govt Agencies, Mulls Sacking State Secretaries

09:50, 17 Iun. 2010
Romania’s Government will halve spending on phone bills, travels, fuels and office supplies in all its institutions and agencies, along a 20% spending cut on goods and services and a 25% cut in wages and staff numbers, people close to the talks told MEDIAFAX Wednesday.

Romania’s Agriculture Ministry Has Spent Over 90% Of 2010 Budget

20:22, 16 Iun. 2010
Romania’s Agriculture Ministry has spent over 90% of this year’s budget on paying subsidies and outstanding debts for the previous year, and can only afford to subsidize diesel fuel, Agriculture Minister Mihail Dumitru told MEDIAFAX Wednesday.

Romanian Govt Adds Eight New Substances To Banned Hallucinogenic Product List

20:21, 16 Iun. 2010
Romania’s Government approved Wednesday a decision whereby eight other substances have been added to the list of banned hallucinogenic plants and products.

Romania’s Agriculture Ministry To Lay Off 2,820 Employees

19:09, 16 Iun. 2010
Romania’s Agriculture Ministry will see a staff cut of 26-27% this year, as it plans to lay off 2,820 employees, of which some 2,000 county department staff, Agriculture Minister Mihail Dumitru told MEDIAFAX Wednesday.

Romania’s Recently Adopted Austerity Plan Challenged With Constitutional Court

16:25, 16 Iun. 2010
Romanian Liberal Party Wednesday challenged with the Constitutional Court the Government’s two spending cut laws aimed to bring the country’s economy on track, in a move to prevent the enforcement of the drastic social measures they entail.

Romanian Senators Tacitly Pass New Sick Leave Bill

15:26, 16 Iun. 2010
Romania’s Senate failed to reach an agreement Wednesday over the emergency ordinance which introduces a verification system for insurance beneficiaries on sick leave.

Mobile Operator Orange To Launch Apple’s iPhone 4 In Romania

14:22, 16 Iun. 2010
Romania’s largest mobile operator, Orange, will launch Apple’s iPhone 4 in Romania in the upcoming weeks the company said Wednesday.

Romanian Union Leader Dumitru Costin Resigns As Head Of National Union Bloc

14:00, 16 Iun. 2010
Romanian union leader Dumitru Costin announced Wednesday he is stepping down as head of the National Union Bloc (BNS), since Tuesday’s protests failed to prevent the Government from pushing ahead with its austerity plan.

Romanian Leu Seen Rising After Govt Wins No-Confidence Vote

13:53, 16 Iun. 2010
Romanian opposition’s failure in toppling the government Tuesday may lead to a firmer leu in the coming period, ING Bank said in a report.

Romanian Govt Lends RON1.5B To Mayoralties To Pay Overdue Debts To Suppliers

11:18, 16 Iun. 2010
The Romanian Government will lend mayoralties up to 1.5 billion lei (EUR1=RON4.2322) in 2010, using privatization proceeds, which will allow mayoralties to pay debts due on December 31, 2009 to suppliers of public works and services.

Romania Jan-Apr FDI Fall 36% To EUR1.1B

10:52, 16 Iun. 2010
Romanian foreign direct investments, or FDI, fell to EUR1.135 billion in the first four months, from EUR1.8 billion in the year-earlier period, the central bank said Wednesday.

Romania Jan-Apr Current Account Gap Widens 40% To EUR2B

10:49, 16 Iun. 2010
Romania's current account deficit widened 40.3% to EUR2.06 billion in January to April, from EUR1.47 billion in the same period a year earlier, due to the decreasing surplus in the current transfers balance, the central bank said in a statement Wednesday.

Romania’s President To Attend European Council’s June Summit, EPP Summit In Brussels

20:41, 15 Iun. 2010
Romania’s President Traian Basescu will attend on Wednesday and Thursday the summit of the European People's Party and the European Council summer session in Brussels, the Presidency said in a press release Tuesday.

Romania’s Opp May Submit Another No-Confidence Motion During Current Session – Party Leader

19:28, 15 Iun. 2010
Romanian social democrat leader Victor Ponta said Tuesday, after the no-confidence motion against the Government was rejected, that the opposition may submit a second motion in the current Parliament session, adding the party will do its utmost to fight against the Government’s austerity plan.

Romania’s Centrist Govt Survives Opposition’s No-Confidence Motion

18:25, 15 Iun. 2010
Romania’s centrist democrat liberal Government stays in office after surviving the opposition’s no-confidence motion, which received 228 votes in Parliament on Tuesday but required 236 to pass, and may enforce its unpopular austerity plan.

Romanian Unionists Cease Protests Outside Parliament, Rallies To Follow If Austerity Plan Approved

17:51, 15 Iun. 2010
Romanian unionists, who gathered outside Parliament headquarters to support the opposition’s no-confidence motion, ended their protests at about 3.30 p.m. and decided to unblock the streets nearby the Parliament.

ECHR: Romania To Pay Over EUR18,000 Damages For Harsh Prison Conditions

17:50, 15 Iun. 2010
The European Court of Human Rights (ECHR) on Tuesday ruled in favor of Romanian national Dragos Ciupercescu, who sued the Romanian state over harsh prison conditions, and compelled Romania to pay Ciupercescu over EUR18,000 in moral and material damages.

Romanian Supreme Court Notifies Constitutional Court About Pension, Salary Slash Bills

17:16, 15 Iun. 2010
Romania’s Supreme Court on Tuesday sent the Constitutional Court two notices of unconstitutionality regarding the bill reducing public pensions and the bill reducing salaries with the aim of restoring budgetary balance.

Romania 1Q Exports Rise At 2nd Fastest Pace In EU

16:37, 15 Iun. 2010
Romanian exports rose 21% on the year to EUR7.9 billion in the first quarter, the second biggest increase in the European Union, official data showed Tuesday.

Romania’s Car Market Posts Biggest Drop In EU In Jan-May Interval, Registrations Fell 49%

14:26, 15 Iun. 2010
The Romanian car market registered the most abrupt decline in the European Union regarding the number of new car registrations in the January-May interval, and the 49% decrease brought the total number of registrations in the first five months of 2010 to 26,351 units.

Romania 1Q Employment -1.6% On Year

13:23, 15 Iun. 2010
Romania’s employment rate fell 1.6% in the first quarter compared with the year-earlier period, slightly below the 1.5% annual decline in the European Union, official data showed Tuesday.

Fitch: Romanian GDP To Shrink 1% In 2010

13:14, 15 Iun. 2010
Fitch Ratings estimates Romanian economy will decline 1% this year, visibly less compared with a 7.1% contraction in 2009, but the agency rules out a significant raise of the country’s sovereign rating in the coming period.

Swiss Windex To Invest EUR25M In SE Romania Wind Turbine Plant

13:02, 15 Iun. 2010
Swiss wind turbine producer Windex plans to start in two months the construction of a production capacity in the southeastern Romanian county of Constanta, in a EUR20-25 million investment, according to Nicolae Simion, the company’s manager for Romania

Romanian Govt Faces No-Confidence Vote In Parliament Over Austere Measures

11:47, 15 Iun. 2010
Romanian lawmakers met in plenary meeting Tuesday at 10 a.m. to debate and vote on the opposition’s no-confidence motion, which seeks to overthrow the country’s democrat liberal Government for its austerity plan that cuts wages and pensions.

Thousands Of Romanian Unionists Rally In Support Of Opp No-Conf Motion Outside Parl HQ

11:07, 15 Iun. 2010
Thousands of Romanian unionists gathered Tuesday morning outside Parliament headquarters in capital Bucharest and started forming a human chain in the nearby park, in a show of support for the opposition’s no-confidence motion, which lawmakers put to the vote Tuesday.

Romanian Democrat Liberal Deputy To Support Opposition’s No-Confidence Motion

09:38, 15 Iun. 2010
The newly elected Romanian ruling democrat liberal deputy and former television talk-show host Teo Trandafir told newspaper Gandul Monday that she will vote in favor of the opposition’s no-confidence motion Tuesday.

Romanian Govt Does Not Meet Minimum Standards For Elimination Of Human Trafficking– USA Report

20:47, 14 Iun. 2010
The USA’s State Department writes, in its annual report on human trafficking, that the Government of Romania does not meet the minimum standards for the elimination of trafficking and criticizes the reorganization of the National Agency against the Trafficking of Persons.

Romania Is Source, Transit, Destination Country For Human Trafficking – USA Report

20:44, 14 Iun. 2010
The USA’s State Department writes, in its annual report on human trafficking, that Romania is a source, transit, and destination country for men, women, and children subjected to trafficking in persons, specifically for forced labor, and for women and children trafficked for forced prostitution.

Romania Labor Ministry Plans To Disband Several Depts, Turn Bodies Into Depts- Sources

18:37, 14 Iun. 2010
Romania’s Labor Ministry plans to disband some of its departments and turn all bodies under its subordination into departments, sources close to the matter told MEDIAFAX Monday.

Romanians Run 25,000 Firms Registered In Italy – UniCredit Official

18:29, 14 Iun. 2010
About 25,000 of the firms registered in Italy are run by Romanians, said the chief of UniCredit institutional relations department, Giuseppe Scognamiglio.

Swiss Court Rejects Appeal, Romanian Footballer Mutu Must Pay Chelsea EUR17M Damages

15:27, 14 Iun. 2010
The Swiss Federal Court decided Monday to uphold the ruling of the Court of Arbitration for Sport, or CAS, according to which Romanian striker Mutu must pay EUR17 million damages to the Chelsea London football club.

Romanian Mangalia Shipyard Staff On Strike Over Pay Raise

12:04, 14 Iun. 2010
Approximately one third of the 3,000 staff at the Daewoo Mangalia Shipyard in Constanta County, southeastern Romania, went on a full-blown strike indeterminately as of Monday, as the management of Daewoo - Mangalia Heavy Industries SA has denied their request for a pay raise.

Romania Energy Watchdog Says Won’t Give In To Price Hike Requests

10:26, 14 Iun. 2010
Romania’s energy authority ANRE will not back down under pressure from large companies to increase energy tariffs, ANRE president Petru Lificiu said Sunday.

Romanians Give Top Priority To All Social Problems, Want Authorities To Tackle Them- Poll

21:05, 13 Iun. 2010
Romanians have trouble deciding which social problems should be put on the front burner and believe these problems ought to be tackled mainly by state authorities, according to a survey conducted by market research company 360insights.

Code Yellow Heat Wave Advisory Extended Until Tuesday For S Romania

17:58, 13 Iun. 2010
Romanian meteorologists on Sunday extended the code yellow heat wave advisory until Tuesday, but only for the southern part of the country.

Over 60% Of Romanian Townspeople See Country Stuck In Crisis For Another 1-5 Yrs – Poll

17:37, 13 Iun. 2010
Over 60% of Romanian townspeople think Romania will be stuck in crisis over a period of one up to five years, and most of them expect the economic crisis will last for another three to five years, according to a survey conducted by market research company 360insights.

Nearly Three In Ten Romanian Townspeople Give Up Vacation This Year- Survey

16:21, 13 Iun. 2010
Nearly three in ten Romanian townspeople will give up vacation this year, and another 16% of them will reduce their budget travel, according to a survey conducted by market research company 360insights.

Environment Minister Says Romania Lags Behind On EU Funds Absorption

15:31, 13 Iun. 2010
Romanian Environment Minister Laszlo Borbely on Sunday said Romania is among the first European Union countries in terms of large infrastructure contracts concluded, and among the last EU countries by absorption of EU funds upon concluding contracts, on lack of high project management procedures.

Interior Minister Says Romania Needs A New IMF Loan Agreement

14:04, 13 Iun. 2010
Romania’s democrat liberal Interior Minister Vasile Blaga told an interview for Pro Tv that he thinks Romania needs to conclude a new agreement with the International Monetary Fund, which implies a new loan, but stressed, however, that the issue hasn’t been discussed by Government members.

Nobel Literature Prize Winner Herta Muller To Visit Bucharest Sept 27- 28

20:37, 12 Iun. 2010
Herta Muller, winner of the 2009 Nobel Prize for Literature, will come to Bucharest on September 27-28, when the Humanitas publishing house launches an author series dedicated to her, within a wider campaign marking the publishing house’s 20th anniversary.