English

Romanian Govt To Stop Funding Local Authorities Unless They Cut Staff Numbers – PM

18:04, 01 Aug. 2010
The Romanian Government will halt the transfer of state funds to the local budgets unless local administrations cut back on the number of employees within the bodies and departments in their subordination until mid-August, Prime Minister Emil Boc said Sunday.

Romanian PM Says EU-Funded Projects Stalled Because Of Poorly Drafted Papers

17:10, 01 Aug. 2010
Romanian Prime Minister Emil Boc on Sunday asked county prefects countrywide to check all contracts financed from European Union funds and stressed that projects using EU funds are stalled for almost one year due to poorly drafted papers.

Romania Paid EUR10M Damages In 1H 2010 Following ECHR Rulings

15:58, 01 Aug. 2010
The Romanian Government has paid over 43.39 million lei (EUR10.2 million) in damages in the first half of 2010, which were imposed through rulings of the European Court of Human Rights (ECHR), according to an official document.

Rompetrol Bulgaria Head Arrested in Brawl with Security Guards Of Bulgarian Parliament Speaker

17:59, 31 Iul. 2010
One of the two Romanian nationals arrested Saturday for assaulting the security guards of Bulgarian Parliament Speaker Tsetska Tsacheva, is the CEO of Rompetrol Bulgaria, according to information from the Bulgarian National Radio, quoted by Novinite.com.

Two Romanians Arrested In Brawl With Security Guards Of Bulgarian Parliament Speaker

14:11, 31 Iul. 2010
Two Romanian nationals were arrested in Veliko Tarnovo, Bulgaria, after getting in conflict with the security guards of Bulgarian Parliament Speaker Tsetska Tsacheva, Novinite.com. informed.

Romanian Govt Postpones Implementation Of Electronic Road Toll System Until Oct 1

18:34, 30 Iul. 2010
Romania’s Government has postponed the implementation of the country’s electronic road toll system until October 1, because of numerous challenges against the auction selecting the company that will develop the system.

Romanian Fin Min: New Forecasts Show 1.7%-1.9% GDP Contraction In 2010

18:16, 30 Iul. 2010
Romanian Finance Minister Sebastian Vladescu on Friday said new estimations indicate an economic contraction of 1.7%-1.9% in 2010, compared with a previous forecast pointing to a stagnation or a minor decrease.

Romanian Automobile Dacia To Launch Own Car Insurance Services

14:28, 30 Iul. 2010
Romanian carmaker Automobile Dacia will launch its own auto insurance product this fall, through a partnership between the Renault Group’s financial services company, Renault Credit International Banque, and Dacia dealers, people close to the matter told MEDIAFAX.

Over 1,600 Romanian Citizens Repatriated To Romania In 2010

13:44, 30 Iul. 2010
France, Italy and Belgium sent back to Romania the largest number of Romanian citizens, who committed offences on their territories, in the first half of 2010, and repatriation was carried out based on readmission agreements.

Romania Fin Min Says Talks With IMF Don’t Tackle Further Tax Hikes

11:10, 30 Iul. 2010
Talks between Romanian authorities and the International Monetary Fund’s mission don’t include further tax increases for the country, either this year or in 2011, Finance Ministry Sebastian Vladescu said Friday.

Romanian Govt To Punish Homeowners Who Refuse To Repair Their Degraded Buildings

17:11, 29 Iul. 2010
Owners of deteriorated homes in Romania will be obliged to finance exterior work, such as repairs, plastering or painting, and will be temporarily exempt from paying property taxes if they finance the work themselves, but will otherwise face a fine or even prison.

Romania’s Wage Law Must Be Amended To Show Results In 2011 – IMF Official

17:09, 29 Iul. 2010
The International Monetary Fund’s mission chief to Bucharest, Jeffrey Franks, said Thursday after talks with Romanian Labor Minister Mihai Seitan that the country’s unitary wage law must be amended so that its principles take effect in 2011.

Romanian Farmers Set To Stage Ample Protest Rally In Bucharest On Sept 9

15:03, 29 Iul. 2010
Romanian farmers and unionists in the agriculture sector will stage an ample protest rally in capital city Bucharest on September 9, disgruntled that authorities don’t support the country's agriculture sector.

Romania Launches Tourist Brand At Shanghai Expo

13:31, 29 Iul. 2010
Romania’s tourist brand, under the slogan "Explore the Carpathian garden", was launched Thursday at the 2010 World Expo in Shanghai.

Romanian Foreign Min Wants To Entice Chinese Tourists Into Visiting Romania

12:53, 29 Iul. 2010
Romania’s Foreign Affairs Minister Teodor Baconschi told a news conference in Shanghai, on Thursday, that he will hold talks with Chinese officials on easing visa procedures so that Chinese citizens start visiting Romania.

Romanian Govt To Decide On Exemptions From Healthcare Co-Payment – Sources

12:32, 29 Iul. 2010
The Romanian Government discussed in its meeting Wednesday the introduction of the co-payment system for healthcare services and will further decide which social categories will be exempt from co-payment, said people close to the talks.

Orange Romania 1H Revenues Down 8.8% YY, To EUR484M

12:14, 29 Iul. 2010
Mobile telephony operator Orange Romania’s revenues decreased by 8.8%, to EUR484 million, in the first half of 2010, compared to EUR531 million in the same interval in 2009, French Group Orange said in a report Thursday.

Romanian Govt To Discuss Central Bank Salaries In September

20:48, 28 Iul. 2010
Romania’s Government will discuss the salaries of the central bank’s employees in September, when the two Parliament Chambers will hold a joint session, because the Executive lacks the legal means to intervene at the moment, said Prime Minister Emil Boc on Wednesday.

Romanian Interior Ministry To Require Additional Documents When Registering EU-Bought Vehicle

19:35, 28 Iul. 2010
People who are not registered for VAT purposes and request the registration of a vehicle bought within the EU will have to present additional documents to the Vehicle License Department, according to a draft order of the Romanian Interior Ministry.

Romanians Occasionally Gaining Copyright Income Exempt From Social Security Contributions

18:53, 28 Iul. 2010
Romania’s Government decided in its meeting Wednesday that people who own a record of employment and gain copyright income only occasionally will not pay social security contributions for the income obtained from copyright.

Romanian Govt Reduces By 25% Total No. Of Positions Within Youth, Sport Bodies

18:51, 28 Iul. 2010
Romania’s Government decided to reduce by 25% the total number of positions within youth and sports bodies subordinated to the Education Ministry, by merging sports and youth county structures and restructuring the National Authority for Sports (ANS).

Romanian Govt Postpones Adoption Of Fiscal Code Norms For Next Week

18:40, 28 Iul. 2010
Romania’s Government decided Wednesday to delay the adoption of the application norms for recent amendments to the Fiscal Code, which extend the tax pool, and submit them to public debate, with a view to adopting the norms on August 2.

Romania Might Be Allowed To Resume Pork Exports On EU Market

15:57, 28 Iul. 2010
The European Commission might allow Romania to resume exports of pork and pork products on the EU market, following a request addressed by Romanian authorities in June.

Romania Asks IMF For New Waiver On Govt Arrears – Fin Min

13:55, 28 Iul. 2010
Romania hasn’t met the first half-year performance criteria in the sector of general government arrears and it will ask the International Monetary Fund for a new waiver of non-observance, Finance Minister Sebastian Vladescu said Wednesday.

Romania’s 1H Budget Deficit At RON18.1B, Meets IMF Target

11:56, 28 Iul. 2010
Romania's consolidated budget posted a deficit of 18.07 billion lei (EUR1=RON4.2476) in the first year-half, below the target agreed with the International Monetary Fund, the Finance Ministry said in a statement Tuesday.

Romanian Fmr Envoy To Singapore Remains Under Arrest

11:40, 28 Iul. 2010
Romania’s former envoy to Singapore Silviu Ionescu, blamed for a hit-and-run accident that resulted in one fatality, will remain under arrest, after his provisional release request was overruled by a court in Bucharest.

Romanian Pupils Won One Silver, Three Bronze Medals At International Chemistry Olympiad

19:02, 27 Iul. 2010
Romania’s team won one silver and three bronze medals at the International Chemistry Olympiad in Japan, which welcomed 267 contestants from 68 countries, the Romanian Education Ministry announced Tuesday.

IMF: Romania Economy Could Turn To Growth In 2011

18:04, 27 Iul. 2010
The International Monetary Fund’s mission chief to Bucharest, Jeffrey Franks Tuesday said Romanian economy could turn to growth next year, adding he doesn’t share more pessimistic outlooks forwarded by analysts.

Romanian Hydrologists Extend Flood Alert For Rivers Across Country

17:59, 27 Iul. 2010
Romanian hydrologists decided Tuesday to extend until Wednesday the yellow code flood alert on most rivers across the country.

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.