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Around 5,000 Romanian Unionists To March In Bucharest Against Austerity Measures

12:41, 28 Sept. 2010
Around 5,000 Romanian unionists affiliated with the National Union Bloc (BNS) have gathered in Bucharest’s Victoriei Square, from where they will march past the headquarters of several ministries, in protest to austerity measures including public sector layoffs and wage cuts.

Romanian Labor Min Calls Unions For Talks Ahead Of Protest, Unions Decline

11:31, 28 Sept. 2010
Romanian Labor Minister Ioan Botis invited union leaders to negotiations Tuesday ahead of a major rally set to start at noon outside the government building, but union leaders declined saying the protest shall take place as planned and talks may be held afterwards.

Romania Cos See Industry, Services Stable, Constr Negative In Sept-Nov

10:10, 28 Sept. 2010
Romanian managers said they have a negative outlook on the construction sector, and a relatively stable view on the industrial and services sectors for the September-November period compared with the previous three months, the National Institute for Statistics, or INS, said Tuesday.

Romanian President Passes Bill Amending Constitutional Court Law

21:02, 27 Sept. 2010
Romanian President Traian Basescu on Monday signed the decree passing the bill amending Law 47/1992 on the organization and functioning of the Constitutional Court, the Criminal Procedure Code and the Civil Procedure Code.

Romanian President Expects Govt’s Report On Unauthorized Police Protest March

20:48, 27 Sept. 2010
Romanian President Traian Basescu said Monday, at the swearing-in ceremony of the country’s new Interior Minister Traian Igas, that he expects the Government’s report regarding the unauthorized protest march of police workers last Friday, in front of the presidential palace.

Romania Senate: Child-Rearing Benefits To Be Paid Within 60 Days Since Submission Of Applications

20:22, 27 Sept. 2010
Romanian senators on Monday decided the payment of child-rearing benefits and state allowances for children will be made within 60 days since the submission of applications.

Romanian Supreme Defense Council To Convene Thursday, Discuss Schengen Area Accession

18:56, 27 Sept. 2010
Romania’s Supreme Defense Council will convene Thursday at the presidential palace to discuss a series of topics, including Romania's accession to the Schengen Area.

Romanian Nurse Charged With Manslaughter Released From Custody

18:51, 27 Sept. 2010
A Bucharest court on Monday ruled to release from custody nurse Florentina Cirstea, on duty on August 16 at the Giulesti maternity when a fire broke out, leaving three babies dead and eight others severely injured.

Constantin Traian Igas Appointed Romanian Interior Minister

16:31, 27 Sept. 2010
Romanian President Traian Basescu on Monday signed the decree appointing Constantin Traian Igas minister of interior and administration, the presidential office said Monday.

Romania Ctrl Bk To Leave Key Rate Unchanged At 6.25% – Analysts

15:00, 27 Sept. 2010
The Romanian central bank is likely to leave its key rate unchanged for the second straight time at 6.25% a year during its next monetary policy meeting September 29, trying to wait off the current inflationary pressures, according to local analysts.

Romanian President Calls Meeting Of Supreme Defense Council For This Week – Sources

14:11, 27 Sept. 2010
Romanian President Traian Basescu has called a meeting of the Supreme Defense Council (CSAT) for this week, people close to the matter told MEDIAFAX on Monday.

Businessman Dinu Patriciu Wealthiest Romanian – Forbes Top Billionaires

14:06, 27 Sept. 2010
Businessman Dinu Patriciu is the wealthiest Romanian with a fortune estimated at EUR2.3 billion, according to the second edition of Forbes Romania Top 500 billionaires.

Bucharest Henri Coanda Airport Certified As International Airport

13:58, 27 Sept. 2010
Bucharest Henri Coanda International Airport was certified as international airport under the new legal provisions in the field, which represents a prerequisite for Romania’s accession to the Schengen Area.

Romanian Govt To Reduce Size Of Public Road Authority CNADNR Board

13:05, 27 Sept. 2010
Romanian public road authority CNADNR’s management board will have seven members, down from fifteen, according to a draft Government Decision drawn up by the Ministry of Transport.

Romanian Bks May Face Full-Portfolio Provision Booking On Consumer Loans

12:30, 27 Sept. 2010
Romanian banks could be forced to book provisions for all consumer loans granted should they lose even one lawsuit on the application of the Government Emergency Ordinance 50/2010 regulating loan interest rates, the head of the banks association ARB said Monday.

Romanian ISPs Required To Publish Quality Parameters

12:11, 27 Sept. 2010
Romanian internet service providers (ISPs) will be required to publish quality parameters and the methods used to measure them on their own web sites and in their contracts with clients, according to a draft decision by communications regulator ANCOM.

Romania’s Jan-Aug Budget Deficit Widens To 4.1% Of GDP – Sources

12:10, 27 Sept. 2010
Romania’s consolidated budget posted a deficit of 20.9 billion lei (EUR1=RON4.2455), or 4.1% of the gross domestic product, after the first eight months of the year, people from the Finance Ministry told MEDIAFAX.

Romanian Interior Minister Resigns Following Unsanctioned Police March

11:21, 27 Sept. 2010
Romania’s Interior Minister Vasile Blaga resigned Monday, amid tensions raised by an unsanctioned protest march of police workers Friday, which prompted the president and prime minister to renounce police protection

Romanian Interior Minister Might Resign – Sources

09:33, 27 Sept. 2010
Romanian Interior Minister Vasile Blaga plans to sign his resignation letter and forward it to the Prime Minister on Monday, people close to the matter told MEDIAFAX.

Romanian PM Renounces Police Protection – Union Leader

13:34, 26 Sept. 2010
Romanian Prime Minister Emil Boc has chosen to refuse Police and Gendarmerie protection, informing the officers of this decision upon his return from New York City, police union leader Florian Ionita said Sunday on TV station Antena 3.

Romanian President Gives Up Police Escort After Illegal March

18:43, 25 Sept. 2010
Romanian President Traian Basescu has requested that Interior Ministry personnel be relieved of providing his security, as of Friday 5 p.m., after ministry employees took part in an unauthorized march on the presidential palace, said the President’s spokesman, Valeriu Turcan.

Romania To Meet Medium-Term Fiscal Targets, Must Ensure Permanence Of Adjustments – IMF

14:35, 25 Sept. 2010
The recent efforts toward fiscal consolidation have put Romania on a sure path to meeting its short- and medium-term fiscal targets, but the main challenge is ensuring the permanence of these adjustments, by maintaining expenditure constraints and through structural fiscal reforms, said the IMF.

Romanian PM Assures USA Of Support For Southern Energy Corridor Development

13:30, 25 Sept. 2010
Romania supports the development of the Southern Energy Corridor, which will connect the European market to the gas reserves in the Caspian Sea region and Middle East, while the Nabucco project is the priority for Romania, Prime Minister Emil Boc said Friday in New York City.

Romania Fin Ministry Rebuked Over Insufficient Data In Fiscal Strategy

19:29, 24 Sept. 2010
Romania’s Fiscal Council Friday criticized the Finance Ministry for its lack of details regarding the revenue forecasts included in the 2011-2013 fiscal strategy and recommended the ministry present the macroeconomic fundamentals considered for each revenue category.

Romania August Overdue Loans Rise 6.9% On Month To RON14.4B

19:15, 24 Sept. 2010
Romanian non-government overdue loans rose 6.9% on the month to 14.4 billion lei (EUR1=RON4.2455) in August, and were more than double compared with the year earlier period, central bank data showed Friday.

IMF To Start Preliminary Talks On New Romanian Loan In Oct – Official

19:11, 24 Sept. 2010
The International Monetary Fund on Friday agreed to hold preliminary talks that could lead to a new loan agreement with Romania during the fund’s upcoming mission to the country in October, said Mihai Tanasescu, Romania’s representative to the IMF.

Romania Fiscal Council Says 2011-2013 Strategy Poses Significant Risks

19:09, 24 Sept. 2010
Romania’s fiscal strategy for the 2011-2013 period poses significant risks, particularly regarding the budget revenue forecasts, the country’s Fiscal Council said in an opinion Friday.

Romania 8-Mo Passenger Car Sales -26% On Year To 68,341 Units

17:53, 24 Sept. 2010
Romanian new passenger car sales fell 26.1% to 68,341 units in the January-August period, from 92,428 units in the year earlier period, the Automotive Manufacturers and Importers Association, or APIA, said Friday.

Romanian Leu Firms Vs Euro On Higher FX Sales

17:51, 24 Sept. 2010
Romania’s leu extended early gains versus the euro in mid session Friday, tracking the currencies in the region and amid growing demand from companies.

Romanian Union Leaders Ask Protesters To Go Home, Return For New Rallies On October 7

17:42, 24 Sept. 2010
President Bogdan Hossu and other leaders of Romania’s Cartel Alfa union federation asked the people protesting Friday at the Cotroceni presidential palace to go home and return here for a new round of protests on October 7, when an ample rally is organized to mark Decent Labor Day.

Romania, Bulgaria Commit To Jointly Build New Bridges Over Danube River

16:00, 24 Sept. 2010
Romania’s Transport Minister Anca Boagiu and her Bulgarian counterpart Alexander Tsvetkov agreed to set up a work group meant to spot locations and seek financing sources needed for the construction of new bridges over the Danube River.

Union Leaders Responsible For March To Romanian Presidential Palace To Be Fined

15:37, 24 Sept. 2010
The Romanian union leaders who “organized and allowed” 8,000 Romanian public sector employees to march on Cotroceni Palace, the seat of the Presidency, on Friday, will be fined, Bucharest Gendarmerie spokesman Marius Militaru told MEDIAFAX.

Nearly 8,000 Protesters Gathered Outside Romanian Presidential Palace

14:27, 24 Sept. 2010
Nearly 8,000 people, including thousands of police officers and prison guards, have gathered outside the presidential palace in Bucharest round noon Friday, security forces said.

Romanian Agric Min Does Not Expect Food Prices To Increase

13:37, 24 Sept. 2010
Food prices in Romania will not increase significantly in the upcoming period, believes Agriculture Minister Valeriu Tabara, although certain raw materials, like wheat, have become more expensive.

Romanian Agric Min To Lobby At EU For Lending Incentives To Farmers

13:19, 24 Sept. 2010
Romania’s Agriculture Minister Valeriu Tabara on Friday said he plans to lobby at the European Union for credit incentives to farmers, arguing that lending is the most efficient way to develop Romania’s agriculture sector.

Romanian Agricultural Production Can Cover Local Consumption Needs – Agric Min

13:08, 24 Sept. 2010
Romania’s agricultural production can cover local consumption needs and a part of it can be exported, Agriculture Minister Valeriu Tabara said during the Mediafax talks about Romanian Agriculture seminar, and added he objects to imports.

Romanian Health Min Says Medical Leaves Dn 30% After New Regulations Enforced

12:42, 24 Sept. 2010
Romania’s new medical leave system implemented in 2010 led to a 30% reduction in the number of medical leave certificates issued over the past months, compared to the beginning of the year, the Health Ministry said in a press release Friday.

Romanian Protesters Leave Govt HQ, Start Unauthorized March To Presidential Palace

12:24, 24 Sept. 2010
About 6,000 Romanian public sector workers, including police and penitentiary system workers, have left the government’s headquarters and started toward the presidential palace, demanding to speak to President Traian Basescu.

Hundreds Of Police Protest Outside Romanian Govt Over Austerity Measures

11:07, 24 Sept. 2010
A few hundred police workers are protesting outside the Government building in Bucharest, demanding a halt in layoff plans and their full wages back.

Romanian Union Leader Says Illegal To Build Unitary Salary Law On Wages Cut By 25%

21:03, 23 Sept. 2010
Romania’s Cartel Alfa union federation head Bogdan Hossu on Thursday said the Government cannot draft the country’s new unitary salary law based on wages cut by 25%, because it is illegal, adding this is the stand voiced by Justice Ministry representatives during talks on the law.