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Romania Might Close Down Hospitals Not Taken Over By Local Authorities – Health Min

Romanian authorities will soon assess the stages of the hospital decentralization process and the hospitals that present no interest to local authorities might be closed down, Health Minister Cseke Attila told a news conference Friday.

Romanian President Rejects Law Extending Newborns’ Trousseau Until 2010

Romanian President Traian Basescu has asked the Parliament to re-examine the law approving a Government Ordinance, which says the state will provide the equivalent of trousseaus for newborns until the end of 2010, as that act was repealed through the Government’s austerity plan.

Some Scenes Of Brad Pitt-Produced Feature Film ‘Vlad’ To Be Shot In Romania

Some scenes of the feature film ‘Vlad,’ produced by American actor Brad Pitt and Summit Entertainment and which tells the story of Vlad the Impaler, Prince of Wallachia, will be shot in Curtea de Arges, southern Romania, Princess Lia of Romania told MEDIAFAX Friday.

Car Prices Fell 10% In Romania In 2009 – EC Report

Car prices fell by more than 10% in Romania last year, one of the most significant reductions in the European Union, behind Slovenia, Lithuania and Slovakia, where prices dropped by as much as 13.4%, according to a European Commission report.

Romanian Govt To Revise Budget In August, Pay Hospitals’ Debts – Health Min

Romania’s Health Minister, Cseke Attila, said Friday that the Government will likely do a budget revision in August, allotting EUR170 million to pay the debts of hospitals.

ING: Romanian Ctrl Bk May Rise Key Rate To 7% By Yearend

Romania’s central bank could raise the key monetary policy rate to 7% a year from the current 6.25% in the last two Board meetings of 2010, ING Bank Romania said in a report.

Romanian Senate Chairman Calls On Govt To Come Up With Anti-Flood Strategy

Romanian Senate Chairman Mircea Geoana said Friday that the Government must urgently present before Parliament a multiannual strategy to combat flooding, since such incidents may happen in the fall.

Romania Still Under Flood Threat, Evacuations Continue

Romania is still threatened by river floods and authorities continue the evacuation of people from the areas placed under high risk flood alert, after meteorologists extended on Friday flood warnings for rivers in the eastern part of the country.

Romania’s Population At 21.5 Million, World Population Expected To Hit 7 Billion This Year

Romania has 21.5 million inhabitants and the United Nations Organization expects the world’s population to hit seven billion this year, according to data released Friday by Romania’s National Institutive for Statistics.

Romanian Leu Falls Vs Euro, Exch Rate At 4.2375

The Romanian leu lost around 0.2% against the euro in the first part of Friday session, and the central bank computed an indicative of 4.2375 units.

Raiffeisen Bank Sees Romania ’10 GDP -3% On Low Consumption

Raiffeisen Bank revised downward its forecast on Romania’s economic growth in 2010, from minus 2% to minus 3%, on lower household consumption following the increase in the value added tax level.

Romanian Rompetrol Cuts Fuel Prices By Up To RON0.12/Liter

Romania’s second-largest oil group Rompetrol, owned by Kazakhstan's KazMunayGas, Friday cut its gasoline and diesel oil pump prices by 0.08 lei (EUR1=RON4.2285) and RON0.12 per liter, respectively.

US Lufkin Industries To Build $126M Plant In Romania

U.S. provider of gas and oilfield equipments and services Lufkin Industries on Friday announced its plans to build by 2012 a manufacturing facility near the southern Romanian city of Ploiesti, in an investment estimated at $126 million.

Romanian Population Decreased By 5,181 People In May 2010

Romania’s population has kept its downward trend and decreased by over 5,000 people on the month in May 2010, the National Institute of Statistics (INS) said Friday.

Romanian President Says Any Income Should Be Taxed

Romanian President Traian Basescu said Thursday on public television that any income, including the minimum pension and unemployment benefits, should be taxed.

Romanian President Reiterates Need To Cut Public Spending To Avoid New Loan

Romanian President Traian Basescu said Thursday on public television that Romania might have to take out a new loan in March 2011 if the Government fails to reduce costs with public salaries and pensions.

EP Recommends Recognition Of Kosovo Independence By All EU Member States

The European Parliament recommends recognition by all European Union members states of the independence of Kosovo in a resolution adopted Thursday, a press release said.

Romanian Dacia Cars To Come With Euro 5 Engines By Jan 1, 2011

All cars made by Romania’s Automobile Dacia will come equipped with Euro 5 engines by January 1, 2011 at the latest, while at the moment the carmaker only uses this type of engine in separate versions of three of its models.

Romania Ctrl Bk: VAT-Induced Inflation Has Corrective Role

The inflation derived from the recent increase in Romania’s value added tax level is not monetary and has a corrective role, central bank governor Mugur Isarescu said Thursday.

Romania Ctrl Bank Head Says Interest Rates On Deposits Too High

Romanian central bank governor Mugur Isarescu on Thursday said local lenders pay high enough interest rates on leu-denominated deposits, despite being below the forecast year-end inflation level of 8%.

Romania’s Poverty Rate Rose 5 Pcts In ‘05-‘08, Despite Economic Growth

Romania’s poverty rate increased to 23% from 18% in 2005-2008, when the country posted economic growth, and Romania is among countries that spend the lowest percentage of gross domestic product on social welfare, according to a report issued by the Foundation for the Development of Civil Society.

Romanian Dacia 1H Sales Up 18.2%, To 181,826 Units

Romanian carmaker Dacia sold 181,826 units in the first six months of this year, 18.2% more than in the same period of 2009, with 37,134 units sold in June alone, 8.6% more compared to May, French group Renault, which owns Dacia, announced on Thursday.

Romanian Youths Insufficiently Educated Regarding STDs, Study Finds

Romanian youths are insufficiently informed regarding HIV transmission, as almost a quarter believe the infection is acquired through mosquito bites, 19% through kissing and 8.7% by shaking hands with an infected person, says a report by the Romanian Association for Health Promotion (ARPS).

Romania 2010 CPI Forecast Leaves Out Psychological Impact – Ctrl Bker

Romania’s latest forecast on the 2010 inflation, which sees the rate accelerating to 8% by year-end in response to a five percentage points increase in the sales tax, failed to factor in the psychological impact on the population, a central bank official said Thursday.

Romanian Rombat To Make Batteries For Renault, Peugeot Hybrids

Romanian car battery maker Rombat Bistrita will manufacture as of 2012 batteries for the micro-hybrid cars of Renault, PSA Peugeot and possibly Ford, and could also produce batteries for electric cars.

Romanian Leu Up Vs Euro, Exch Rate At 4.2285

Romania’s leu edged higher against the euro in mid trade Thursday, tracking regional markets, and the central bank’s reference strengthened slightly to 4.2285 units.

Dozens Protest In Romanian Capital Over Cyanide Mining Project For W Romania

About 50 people are protesting outside the Marriott Hotel in capital Bucharest Thursday to the gold mining project in Rosia Montana, in western Romania, which entails the use of cyanide.

Romanian Health Ministry Cuts Over 1,600 Positions In Healthcare Units

Romania’s Health Ministry finished the reorganization and restructuring process by which 1,621 positions and 233 vacant resident practitioner jobs have been slashed, Government spokeswoman Ioana Muntean said Wednesday.

Romania’s Govt Decides To Reduce State Secretary, Deputy Prefect Positions

Romania’s Government has decided to reduce to two the number of state secretaries in each ministry, except those of Interior, Foreign Affairs and Finance, which will have three secretaries of state, Prime Minister Emil Boc said Wednesday.

Romania’s Govt Cuts About 2,000 Positions In Local Work Departments

Romania’s Government decided Wednesday to cut about 2,000 positions in local work departments and 307 positions within the Labor Ministry, people close to the matter told MEDIAFAX.

Romanian President Maintains Viewpoint On Orchestrated Media Campaigns

Romania’s President Traian Basescu said Wednesday on the public radio that he maintains his standpoint regarding media campaigns that denigrate state institutions, which were listed among threats to national security in the country’s National Defense Strategy.

Romanian Automobile Dacia To Build Euro 5 Engines For Dacia, Renault, Nissan, Renault Samsung

Romanian carmaker Automobile Dacia will produce Euro 5 engines for Dacia, Renault, Nissan and Renault Samsung models, by using a new engine family and adapting one that currently conforms to the Euro 4 standard.

Romania May Charge EUR3-4/100 Km For Traffic On Highways As Of 2011

Motorists driving on Romanian highways may have to pay a toll as of next summer, in the amount of EUR3-4 per 100 kilometers, Transport Minister Radu Berceanu said Wednesday.

Romania Fin Ministry Updates Norms For Tax On Interest Income

Romania’s Finance Ministry on Wednesday updated earlier announced norms for the freshly introduced 16% tax on earnings from deposit interests, allowing banks to tax only the income obtained after July 1.

Romania’s Standard Snacks Enters Insolvency

The courthouse in Romania’s capital city Bucharest has recently approved the start of insolvency proceedings for snacks and chips maker and distributor Standard Snacks, at a creditor's request.

President Says Romania Unable To Improve Things For Future Flood Prevention, Relief

Romanian President Traian Basescu on Wednesday said Romania has “no resources" to change things for the better and be ready to better cope with potential waves of floods in the future.

Most Romanians In Urban Areas Not Interested In Private Insurance – Report

Around 80% of urban Romanians do not have private health, life or home insurance, and at least a fifth of this group have no plans to buy such insurance in the next five years, according to a study published by MEDIAFAX in the Financiar 2010 report.

Romania Jobless Rate Falls To 7.4% In June

Romanian unemployment rate slightly fell to 7.44% in June, from 7.67% a month earlier, the country’s employment agency ANOFM said Wednesday.

WB: Romania 2nd Most Accessible State To Start Foreign Business Worldwide

Romania is the second most accessible country worldwide to start up limited liability companies with foreign capital, the World Bank said in a report Wednesday.

Kraft Foods To Sell Cadbury Romania Business To Oryxa Capital

Kraft Foods on Wednesday said it reached a deal to sell Cadbury's confectionery operations in Romania to international investment fund Oryxa Capital for an undisclosed amount.