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Romania June CPI + 0.16% On Mo, +4.38% On Yr

10:25, 12 Iul. 2010
Romanian consumer prices inched up 0.16% in June from May, held back by cheaper food, while the annual inflation eased to 4.38%, the country’s statistics institute INS said Monday.

Romania’s Annual Inflation Decreased To 4.3%-4.4% In June, To Hit 7% In July – Analysts

19:14, 11 Iul. 2010
Romania’s annual inflation decreased to 4.3 – 4.4% in June, from 4.42% in May, and is expected to hit about 7% in July, economic analysts said.

Romanian Ministers, Prefects To Present Monthly Reports On EU Fund Adsorption, Investments – PM

18:25, 11 Iul. 2010
Romania’s Prime Minister Emil Boc said Sunday he will set up a system monitoring EU fund absorption and public investments, adding that the ministers and prefects who will not “fight to get each penny” granted by EU will “leave”.

Romania To Reduce VAT If Feasible Alternative Measure Found, Taxing Pensions Not Enough – PM

17:30, 11 Iul. 2010
Romanian Prime Minister Emil Boc said Sunday the value added tax can be reduced only if authorities find other means to cover the revenues brought to the state budget by the 5-percentage point VAT increase, adding taxing pensions is not enough.

Meteorologists Issue Code Yellow Rain Alert For NE, C, SE Romania, Valid Until Sunday Evening

13:11, 11 Iul. 2010
Romanian meteorologists issued a code yellow alert for rain, thunderstorm and hail in the northeastern, central and southeastern parts of the country, valid until Sunday at 9 p.m..

‘Colivia’ By Romanian Adrian Sitaru Wins Best Short Film Award At Curtas Vila Do Conde Festival

11:47, 11 Iul. 2010
‘Colivia’ by Romanian film director Adrian Sitaru won the best film award at the Vila do Conde International Short Film Festival in Portugal, which took place between July 3 and July 11, said expresso.pt.

Romanian Authorities Might Consider Taxing High Pensions Progressively – Environment Min

20:26, 10 Iul. 2010
Romania’s Environment Minister Laszlo Borbely told MEDIAFAX Saturday that authorities might consider taxing high pensions progressively starting this fall, adding that decisions in this respect depend, to a great extent, on the country’s economic situation.

Romanian Pensions Must Be Taxed, VAT Reduced – President

17:12, 10 Iul. 2010
Romania’s President Traian Basescu said Saturday, during a visit to flood-hit areas in the northern part of the country, that the value added tax must be decreased to its previous level, adding pensions must be taxed.

Romanian Govt To Adopt Fund Granting Decision For Dam Construction In NE Romania – President

16:16, 10 Iul. 2010
The Romanian Government will adopt during its next week’s meeting a decision to provide the funds needed to build a dam in Buruienesti, a water-covered village in the northeastern part of the country, President Traian Basescu said Saturday during a visit to the areas hit by floods.

Romania Willing To Offer Building Materials To Flood-Hit Moldova – President

14:17, 10 Iul. 2010
Romania is willing to offer construction materials to the Republic of Moldova, as part of a EUR100 million non-reimbursable aid granted to the neighboring country by Romanian authorities, Romanian President Traian Basescu told Moldovan President Mihai Ghimpu during a phone call.

President Basescu Expected To Arrive In Flood-Hit Neamt County, NE Romania

13:23, 10 Iul. 2010
Romanian President Traian Basescu is expected to arrive Saturday afternoon in northeastern county of Neamt, severely affected by widespread flooding.

Floods Hit Nine Romanian Counties, 109 People Evacuated Over Past 24 Hours

13:00, 10 Iul. 2010
About 20 localities in nine Romanian counties were affected by flooding over the past 24 hours, and 109 people had to be evacuated, the General Inspectorate for Emergency Situations (IGSU) said Saturday.

Alexandra Catalina Filip Wins Miss Universe Romania 2010

12:03, 10 Iul. 2010
Miss Universe Romania 2010 winner, Alexandra Catalina Filip, 19, also a dance sport national champion, will represent Romania in the international competition selecting the most beautiful woman in the world, which will take place in Las Vegas on August 23.

Danube Level In SE Romania Decreases, Galati City No Longer Under Flood Alert

11:11, 10 Iul. 2010
The Danube’s water level in Galati, southeastern Romania, hit 656 centimeters Saturday morning, 21 centimeters less than previously forecast by hydrologists for July 10, and it is unlikely the city will be flooded.

Romanian Govt, President Agree To Restructure Public Bodies By September 1

23:28, 09 Iul. 2010
Romanian Prime Minister Emil Boc said Friday that September 1 is the deadline agreed with President Traian Basescu by which the restructuration of state institutions must be completed.

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

18:33, 09 Iul. 2010
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

18:30, 09 Iul. 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

18:27, 09 Iul. 2010
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

17:40, 09 Iul. 2010
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

16:20, 09 Iul. 2010
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

15:31, 09 Iul. 2010
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

15:03, 09 Iul. 2010
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

15:02, 09 Iul. 2010
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

13:53, 09 Iul. 2010
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

13:21, 09 Iul. 2010
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

12:59, 09 Iul. 2010
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

11:32, 09 Iul. 2010
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

11:20, 09 Iul. 2010
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

11:02, 09 Iul. 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

10:31, 09 Iul. 2010
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

10:27, 09 Iul. 2010
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

18:32, 08 Iul. 2010
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

18:29, 08 Iul. 2010
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

16:28, 08 Iul. 2010
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

15:51, 08 Iul. 2010
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

15:37, 08 Iul. 2010
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

15:25, 08 Iul. 2010
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

14:45, 08 Iul. 2010
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

14:44, 08 Iul. 2010
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

13:54, 08 Iul. 2010
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.