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Romanian Interior Minister Says Govt Ought To Resign If Obliged To Hike Taxes

19:46, 12 Iun. 2010
Romania’s democrat liberal Interior Minister Vasile Blaga said in an interview for Pro Tv that the opposition social democrats’ no-confidence motion stands no chance to pass in Parliament and that the Government run by democrat liberal Prime Minister Emil Boc ought to resign if obliged to hike taxes.

British Court Sentences Romanian Pimp To 10 Yr Jail Term

18:51, 12 Iun. 2010
A Romanian pimp who lured a young girl to the UK, where he raped her and forced her to work as a prostitute, has been sentenced to ten years in prison, times.co.uk reported.

Romanian Liberals Might Call For Committee To Check Assigning Of EU Funds In Rural Areas

16:23, 12 Iun. 2010
Romanian liberal lawmaker Ciprian Dobre told a press conference Saturday that liberals on Monday might call on the Chamber of Deputies’ Standing Office to set up an inquiry committee to check the way European Union funds were assigned for projects in rural areas.

Romania’s Ruling Party VP Says Differentiated Taxation Of High Pensions Not A Good Solution

14:17, 12 Iun. 2010
Romania’s ruling Democratic Liberal Party vice-president Ioan Oltean told a press conference Saturday that, as the Government rejected the opposition social democrats’ idea for differentiated taxation of high pensions, it means this clearly isn't a good solution.

Enel Says 09 Network Leaks In Romania Rise To 18% Of Total Power

19:54, 11 Iun. 2010
Italy’s biggest utility Enel SpA reported power leaks at its Romanian units amounting to 17.9% of the overall energy supplied in 2009, mainly due to obsolete networks, according to group’s sustainability report.

Romania PM Says Draft Law Recalculating Special Pensions Adopted By Default In Parliament

19:49, 11 Iun. 2010
Romanian Prime Minister Emil Boc on Friday said the draft law recalculating special pensions was adopted by default in Parliament, as it was not subject to a no-confidence motion, and stressed he truly hopes the law will not be subject to any motion whatsoever.

Somali Pirates Release UK-Flagged Asian Glory With Two Romanians Aboard

18:43, 11 Iun. 2010
The Asian Glory, the ship whose crew includes two Romanians, has been released by Somali pirates, the Ukrainian Foreign Ministry announced Friday, according to the Interfax-Ukraine news agency, cited by the online edition of the Kyiv Post.

Time Limit For No-Confidence Motion Debate Chosen To Prevent Abuse – Romania PM

18:38, 11 Iun. 2010
Romanian Prime Minister Emil Boc said Friday that parliamentary parties must abide by the constitutional time limit for the debates on the no-confidence motion, which was set at three days to prevent the Government from delaying the debate indefinitely.

Romania Jan-May Budget Gap Widens To 3.2% Of GDP – Sources

17:48, 11 Iun. 2010
Romanian consolidated budget posted a deficit of 16.5 billion lei (EUR1=RON4.2163) in the January-May period, amounting to 3.23% of the gross domestic product, government sources said Friday.

Romanian Senate Chairman Calls Standing Office Meeting On No-Conf Motion For Monday

16:17, 11 Iun. 2010
Romania’s Senate chairman, opposition social democrat Mircea Geoana, said in a letter to democrat liberal Senate vice-president Anca Boagiu that he is calling a standing office meeting for Monday regarding the no-confidence motion calendar.

Romanian Social Democrats Not Willing To Rule Country Before Elections – Party Leader

15:14, 11 Iun. 2010
The Romanian Social Democratic Party is not willing to govern the country before elections, if the current Government is overthrown in a no-confidence vote, and will not uphold a minority liberal Government, social democrat leader Victor Ponta told a news conference Friday.

Romanian Astra Vagoane Calatori Threatens CFR Calatori With Insolvency Over RON31.6M Debt

14:16, 11 Iun. 2010
Romanian railway equipment maker Astra Vagoane Calatori summoned state-owned passenger railway company CFR Calatori to pay debts amounting to 31.61 million lei (EUR1=RON4.2163), threatening to file for the latter’s insolvency.

Romania March Public Debt Rises To 30% Of GDP

13:01, 11 Iun. 2010
Romania’s public debt rose to 30.06% of the gross domestic product at the end of March from 28.7% of the GDP a month earlier, mostly due to a EUR1 billion Eurobond sale, Finance Ministry data showed Friday.

Romanian Senate Chairman Calls For Meeting Saturday To Discuss No-Conf Motion Calendar

12:20, 11 Iun. 2010
Romania’s Senate chairman, opposition social democrat Mircea Geoana, has called a meeting with Senate leaders Saturday, following the recent exchange of contradictory statements between opposition and ruling alliance members, regarding the no-confidence motion calendar.

ING Revises Down Romania’s 2010 Inflation Forecast To 4.1%

11:28, 11 Iun. 2010
ING revised downwards its forecast on Romania's annual inflation to 4.1% in December 2010 from a previous forecast of 4.9%, due to the country's announced public spending cuts.

Romania’s OMV Petrom Hikes Pump Prices By Up To RON0.07/Liter

11:01, 11 Iun. 2010
Romania’s largest oil company OMV Petrom (SNP.RO) raised Friday its gasoline and diesel oil pump prices by 0.05 lei (EUR1=RON4.2208) per liter and, respectively RON0.07/liter, following the increase of international crude prices.

EIB Expected To OK EUR65M Loan For Romanian Transelectrica

19:58, 10 Iun. 2010
The European Investment Bank might approve next week a EUR65 million loan for Romanian state-owned power grid operator Transelectrica (TEL.RO), the company’s general manager Adrian Baicusi told a news conference Thursday.

Romanians Trust The Army, Clergy, Advertising – GfK Survey

16:22, 10 Iun. 2010
Romanians trust firefighters, the military, the clergy and advertising, while politicians, bankers and managers register the lowest level of popularity, according to a survey conducted by GfK Custom Research.

Romanian President Asks Parliament To Hurry Debate On No-Confidence Motion

16:04, 10 Iun. 2010
Romanian President Traian Basescu asked the Parliament in a letter to move up the debate on the opposition’s motion of no-confidence, Chamber of Deputies Speaker Roberta Anastase said Thursday.

Romanian Self-Assessment Committee To Submit Revised Schengen Accession Plan To Govt

14:51, 10 Iun. 2010
Romania’s self-assessment Schengen Committee adopted Thursday a revised action plan for joining the Schengen Area, according to which the country will meet its accession objectives by December.

Romanian Privatization Authority AVAS Laid Off One Third Of Its Employees On May 31

14:36, 10 Iun. 2010
Romanian privatization authority AVAS laid off over one third of its total number of employees on May 31, and plans to bring the total number of layoffs to 48% at the end of the restructuring program started in December 2009.

Over 20,000 Romanians To Protest On Day Parliament Votes On No-Confidence Motion

14:35, 10 Iun. 2010
Romania’s five large union confederations on Thursday said at least 20,000 people will picket the Parliament building on June 15, the day lawmakers hold a vote on the opposition’s no-confidence motion against the Government’s austerity plan.

WB: Romania Vulnerable To Sovereign Debt Crisis

13:13, 10 Iun. 2010
Romania is among countries that are vulnerable to the sovereign debt crisis in Europe, because its financial sector is closely linked to highly indebted states in the continent, a report from the World Bank showed Thursday.

WB: Romanian Econ Activity Bound To Remain Negative In 2010

11:42, 10 Iun. 2010
Romania and Latvia will likely be Europe’s weakest economic performers this year, according to a global survey from the World Bank.

Romania May CPI + 0.15% On Mo, +4.4% On Yr

10:14, 10 Iun. 2010
Romanian consumer prices inched up 0.15% in May from April, held back by cheaper food, but the annual inflation accelerated to 4.42%, the country’s statistics institute INS said Thursday.

Romania’s Inquiry Into Case Regarding CIA Prisons On Its Territory Insufficient – CoE Commissioner

21:14, 09 Iun. 2010
The Council of Europe Commissioner for Human Rights, Thomas Hammarberg, said Wednesday the investigations carried out by Romanian authorities leave questions unanswered regarding the use of national territory to host CIA secret prisons.

Ford Motor Co Asks Romanian Govt For 1 Yr Extension Of Automobile Craiova Contract – Sources

18:26, 09 Iun. 2010
American carmaker Ford has asked the Romanian Government to extend its investment and production goal deadlines for Romanian car manufacturer Automobile Craiova, due in September 2011, citing recession as the reason behind the one-year postponement.

Romania’s Neonatal Mortality Rate 2-3 Times Higher Than EU Average – NGO

17:37, 09 Iun. 2010
Romania’s neonatal mortality rate is up to three times higher than that of other European Union member states, while infant mortality in rural areas and among low-income families is significantly higher than the national average, the “Save the Children” NGO said Wednesday.

Romanian Footballer Mutu Drops Appeal Against Suspension

16:54, 09 Iun. 2010
Romanian footballer Adrian Mutu will not file an appeal with the Court of Arbitration for Sports against the Italian Olympic Committee’s decision to suspend him for nine months after he tested positive for a banned substance, his attorney said Tuesday, cited by news agency Ansa.

Romania PM Asks Ministers To Reduce No. Of State Secretaries, Govt Agencies

14:17, 09 Iun. 2010
Romanian Prime Minister Emil Boc on Wednesday asked all ministers to come up, in one week at the latest, with plans to reorganize their ministries, namely, to reduce the number of state secretaries and agencies subordinated to their ministries, sources close to the talks said Wednesday.

Romanian International Book Fair Bookfest 2010 Now Open In Bucharest

14:08, 09 Iun. 2010
The fifth edition of Romanian book fair Bookfest, which takes place at Romexpo in Bucharest between June 9 and 13, opened Wednesday in the presence of Romanian Editors’ Association president Grigore Arsene and Spanish Ambassador Estanislao de Grandes Pascual.

Romanian Govt Eliminates Early Repayment Fee For Variable-Rate Loans

14:03, 09 Iun. 2010
The Romanian Government decided Wednesday to eliminate the early repayment fee on variable-rate loans, and banks will have 90 days to comply with the new rule, people close to the talks told MEDIAFAX.

Romania Issues 30,000 More Scrapping Vouchers Within Cash For Clunkers Program

13:47, 09 Iun. 2010
Romania has increased the number of scrapping vouchers within its national cash for clunkers program for the third time this year, following higher than expected demand.

Romania Per Capita Fizzy Drink Consumption At Nearly 60L, Similar To Developed Countries

13:46, 09 Iun. 2010
Consumption of fizzy drinks in Romania reached nearly 58 liters per capita in 2009, more than twice the average consumption of emerging countries in the region, but close to the average of developed countries, according to estimates of Coca-Cola Hellenic Bottling Company (HBC).

Romanian President Donates Salary To Solidarity Fund

13:20, 09 Iun. 2010
Romanian president Traian Basescu Wednesday morning donated his salary for May to a solidarity fund opened at the treasury of capital city Bucharest.

Romania May Inflation Seen Slightly Up To 4.4%

12:53, 09 Iun. 2010
Romanian consumer prices rose slightly in May, triggering a minor rise in the annual inflation rate to 4.4%, from 4.3% in April, analysts said Wednesday.

Wind Farms Seen Having No Impact On Romania Power Prices In ’10

12:46, 09 Iun. 2010
The start of several wind farms in Romania will not trigger an increase of electricity prices in 2010, according to Transelectrica's (TEL.RO) planning director Dan Preotescu.

Romania’s Public Spending Cuts To Reduce No. Of Auction Contestations In 2010

12:34, 09 Iun. 2010
Romania’s National Council Settling Contestations CNSC said the number of contestations to public auctions rose 33% on the year in the first quarter of 2010 and estimates a lower number of contestations until the end of 2010, on the backdrop of lower state funds earmarked for public spending.

Romanian Population Decreased By 5,941 People In Apr 2010

12:22, 09 Iun. 2010
Romania's population decreased by 5,941 in April 2010, since there were around 16,143 newborns and 22,084 deaths, according to the National Institute of Statistics (INS).

Romanians Continue Demonstrations Against Austerity Measures Outside Parliament HQ

10:24, 09 Iun. 2010
About 300 unionists are picketing the Parliament building in Romania’s capital Bucharest for the third day in a row Wednesday, in protest to the Government’s austerity plan that cuts wages and pensions to keep the economy afloat.