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Romania Won’t Suspend Public Procurement Auctions When Challenged By Bidders

13:15, 29 Apr. 2010
Challenges to public procurement auctions in Romania will no longer suspend contract awarding procedures under the country’s amended public procurement legislation, which has been notified to the European Commission.

Romania’s Current, Invest Spending In Q1 Cut To Match Deficit Target

12:38, 29 Apr. 2010
Romania’s Government slashed current and investment expenses during the first quarter to keep the budget deficit in check, as tax collections were lower than planned, Romania's representative to the International Monetary Fund told MEDIAFAX Thursday.

IMF: Next Tranche To Go Only To Romania Ctrl Bk

12:24, 29 Apr. 2010
The fifth tranche of the loan Romania is getting from the International Monetary Fund will be allotted only for support of the central bank’s foreign currency reserves, Romania’s representative to the IMF said Thursday.

Romanian Public Servants Might Discard Full-Blown Strike If Govt Meets Their Demands

12:23, 29 Apr. 2010
Nearly 200 Romanian public servants are protesting Thursday outside the Government building and said they are willing to discard the full-blown strike planned for May 5 only if the government manages to find a way to solve their problems.

Romanian MEP Wants To Condition Children’s State Allowances

12:20, 29 Apr. 2010
Romanian state allowances for minors should depend on school attendance, vaccination and annual medical check-ups, as current practices are outdated, democrat liberal MEP Theodor Stolojan told Radio France International Thursday.

Romania Backs Renewable Pwr Investors, Not Speculators – Econ Min

11:59, 29 Apr. 2010
Romania supports investments in renewable energy, within “reasonable” boundaries, but it will not back speculators who sell projects to investors, Economy Minister Adriean Videanu said Thursday.

Romania To Resume Talks On PEOP Project – Econ Min

11:56, 29 Apr. 2010
Romania will resume next week talks on the Pan European Oil Pipeline, or PEOP, as interest is increasing, Economy Minister Adriean Videanu said Thursday.

Romania Should Turn West For Gas Imports – Econ Min

11:55, 29 Apr. 2010
Romanian Economy Minister Adriean Videanu has asked state-owned natural gas producer Romgaz to seek opportunities to import gas from European markets.

Romania Should Cut Stake In Upcoming Nuke Reactors – Econ Min

11:17, 29 Apr. 2010
Romania should reduce its 51% stake in EnergoNuclear, the company that will build two reactors at the Cernavoda nuclear power plant, to improve competitiveness of its power generation sector, Economy Minister Adriean Videanu said Thursday.

Romanian Romgaz Should Start Generating Power – Econ Min

11:03, 29 Apr. 2010
Romania's Economy Minister Adriean Videanu on Thursday said the ministry encourages state-run gas producer Romgaz Medias to start generating electricity.

Romanian Chamber Committees Endorse Lustration Law

09:23, 29 Apr. 2010
Romania’s Chamber of Deputies Committees for Legal Matters and Human Rights issued Tuesday evening a positive report amending the draft lustration law, initiated in 2005 by liberals, including former Minister of Culture Mona Musca.

President Basescu: Romania And Moldova – Two States, One People, Common Future

21:12, 28 Apr. 2010
Romanian President Traian Basescu said Wednesday in Iasi, northeastern Romania, at a meeting with Moldova’s acting President Mihai Ghimpu, that Romania and Moldova "are two states and one people and have a common future".

Bucharest Mayor Frowns On Euthanizing Stray Dogs

20:49, 28 Apr. 2010
Bucharest mayor Sorin Oprescu said Wednesday he cannot agree with euthanizing stray dogs, adding he must, nevertheless, observe the law.

Romania Ctrl Bk: Eurozone Entry Might Be Difficult In Following Years

18:14, 28 Apr. 2010
Romania’s planned euro adoption could prove more difficult in light of the recent problems faced by some of the 16 nations that use the European single currency, central bank governor Mugur Isarescu said Wednesday.

No Capital Outflow From Romania – Ctrl Bk Head

18:13, 28 Apr. 2010
Romania doesn’t experience capital outflows following the tense situation in Greece, central bank governor Mugur Isarescu said Wednesday.

Romanian Officials Incompatible With Public Office Banned From Filling Public Positions For One Yr

18:09, 28 Apr. 2010
Romania’s draft law regulating the activity of the National Integrity Agency (ANI) states public officials who prove to be incompatible with their position are banned from holding any public office, except elective offices, for one year.

Romanian-French Businessman Sentenced To $100M Compensation Payments In Dacia Felix Case

17:09, 28 Apr. 2010
A Romanian Court of Appeals in south-eastern Constanta rejected the annulment appeal filed by Romanian-French businessman Sever Muresan, thus sentencing him to compensation payments of over $100 million and CHF10 million in the Dacia Felix Bank case, said Court representatives Wednesday.

Romanian Chamber Committee Votes To Endorse Integrity Agency Bill

16:43, 28 Apr. 2010
The Romanian Chamber of Deputies’ committee for legal matters on Wednesday adopted with 15 votes in favor and five abstentions a favorable report on the new law regulating the activity of the National Integrity Agency ANI.

Romania Budget Gap Lowered By Spending Cuts, Not Tax Increases – Ctrl Bk Chief

15:55, 28 Apr. 2010
Trimming social and current expenses and stepping up investment can help lowering Romania’s budget deficit, central bank governor Mugur Isarescu said Wednesday.

Romanian Senate Committee Requests Complete List Of State-Funded Companies

15:42, 28 Apr. 2010
Romania’s Economic Committee in Senate requested the country’s Cabinet to issue a complete list of companies that have received state funding for a report which will be compared with the public lists of party financial backers during the electoral campaign, said chairman Varujan Vosganian Wednesday.

Romanian Public Servants To Picket Govt Thursday, Stage Full-Blown Strike On May 5

15:08, 28 Apr. 2010
About 500 Romanian public servants will picket the Government’s headquarters on Thursday and will stage a full-blown strike indefinitely starting May 5, over smaller salaries triggered by the new unitary wage law and planned layoffs in the sector.

Romanian Authorities To Pull Down Illegal Constructions On Black Sea Coast – Decree

15:05, 28 Apr. 2010
The Romanian Government approved an emergency ordinance in its meeting Wednesday, whereby illegal constructions on the Romanian seaside will be pulled down.

Romanian Politician Nati Meir Placed Under Preventive Arrest In Corruption File

15:04, 28 Apr. 2010
Romanian Politician Nati Meir has been placed under preventive arrest for one month in a corruption file that also involves his son, Or Meir, arrested late last week.

Romanian Animal Rights Activists Say Euthanizing Bucharest’s Stray Dogs Is Expensive, Inhumane

14:32, 28 Apr. 2010
Romanian animal rights organization Vier Pfoten said Wednesday it would be cheaper and more effective in the long run to spay and neuter stray dogs in Romania’s capital Bucharest rather than euthanize them, as a draft law sent to Parliament by the capital’s prefect would have it.

Romanian Opposition Social Democrats Submit Simple Motion On Military Pension In Senate

14:28, 28 Apr. 2010
Romanian opposition social democrats and conservatives on Wednesday submitted in the Senate a simple motion regarding military pensions.

Romanian Agriculture Unionists To Protest In Bucharest On May 11

13:59, 28 Apr. 2010
Romanian agriculture union federation Agrostar said 5,000 unionists will protest in capital Bucharest on May 11, mainly over the provisions of Ordinance 44/2008 which compels farmers to register with the Trade Registry in order to be allowed to sell their products in marketplaces.

Romanian Environment Fund To Pay For Electric Car Research Projects

13:32, 28 Apr. 2010
Research programs in Romania for the development and manufacturing of electric cars will be conducted by an inter-ministry workgroup and will be funded from the country’s Environment Fund, which also finances the country’s clunkers program, Economy Minister Adriean Videanu said Wednesday.

Romanian Govt Sets Up Car Pollution Tax Workgroup

13:27, 28 Apr. 2010
Romania’s Government decided Wednesday to put together an inter-ministry workgroup to analyze possible changes to the country's car pollution tax, spokeswoman Ioana Muntean said.

OTP Bank Romania: Dropping Early Repayment Fee Won’t Affect Credit Costs

13:14, 28 Apr. 2010
The Romanian Government’s planned move to eliminate early loan repayment charges is not likely to prompt higher loan costs, but would increase competitiveness instead, an official at OTB Bank Romania said Wednesday.

Romania’s Heating System Leaks EUR500M – Econ Min

13:05, 28 Apr. 2010
Romania is involuntarily contributing to global warming because of losses in its heating system, which near EUR500 million each year, Economy Minister Adriean Videanu said Wednesday.

Real,- Opens Its Largest Romanian Store, In EUR22.8M Invest

12:11, 28 Apr. 2010
Retailer real,- Hipermarket Romania will open in the eastern part of Bucharest its largest local hypermarket, following an investment of EUR22.8 million, company officials told a press conference Wednesday.

Romanian Union Leaders Not Required To Declare Wealth – Draft Integrity Agency Law

12:08, 28 Apr. 2010
The draft law on Romania’s National Integrity Agency, proposed by the Government, no longer compels trade union leaders to declare their wealth, a requirement which is distinctly stipulated in the current law.

Romania’s Economy Might Fall 0.5%-1% In 2010 – Analyst

11:46, 28 Apr. 2010
Romania’s economy could see a contraction this year too since a series of macroeconomic measures have yet to be applied, said Wednesday Radu Craciun, investment manager with private pension fund Eureko Pensii Private.

Romania Ups Clunkers Program Budget To Issue 50,000 Extra Scrapping Vouchers

10:05, 28 Apr. 2010
Romania’s Government on Wednesday supplemented the budget for the country’s clunkers program and will issue 50,000 additional scrapping vouchers.

Romania Integrity Agency Law Under Debate In Chamber Of Deputies Wednesday

19:16, 27 Apr. 2010
The new draft law regulating the activity of the National Integrity Agency (ANI), which was approved by the Romanian Government in its meeting Monday, will be under debate in the Chamber of Deputies’ plenary meeting on Wednesday, Chamber’s democrat liberal secretary Dumitru Pardau said Tuesday.

Romania To Consider Lowering Visa Money Requirement For Moldovan Citizens

17:16, 27 Apr. 2010
Romanian President Traian Basescu said Tuesday that the government will consider lowering the amount of money citizens of the Republic of Moldova are required to have before receiving a visa for Romania.

Most Foreign Tourists Considering Romanian Vacation Expect Country To Be Unsafe

17:08, 27 Apr. 2010
Most foreign tourists who would consider spending a holiday in Romania for the first time think the country is unsafe, said research conducted by the THR Company and issued Tuesday.

Romania To Amend Public Procurement Legislation To Speed Up Procedures, Hinder Abusive Challenges

17:04, 27 Apr. 2010
Romania has amended its public procurement legislation banning bidders from challenging auctions until the procedure is finished and shortening settlement terms to ten days from the previous 20.

Romania Fin Min: IMF Forecast On ’10 GDP Growth May Be Optimistic

16:46, 27 Apr. 2010
The International Monetary Fund’s latest forecast on Romania’s economic growth of 0.8% this year, recently revised down from 1.3%, may be too optimistic, the country's Finance Minister Sebastian Vladescu said Tuesday.

Romanian Senator Serban Mihailescu Indicted On Graft Charges

16:40, 27 Apr. 2010
Romanian anticorruption prosecutors indicted senator Petru Serban Mihailescu, former coordinating minister with the Government’ Secretariat General, on charges of receiving illicit gains and breaching the country’s arms and ammunition legislation.