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Romania Should Outlaw Early Loan Repayment Fees Via Govt Decree – Competition Watchdog

15:48, 22 Apr. 2010
Romania’s Government should transpose in national legislation a European directive banning bank fees foe early loan repayment by passing an emergency decree rather than a draft law, which takes longer to be adopted, Competition Council head Bogdan Chiritoiu said Thursday.

Romanian Constitutional Court Says Govt Can’t Fix Anticorruption Body Law With Decree

14:53, 22 Apr. 2010
Romania’s Constitutional; Court said in the motivation of its ruling stripping the National Integrity Agency of its main attributions that the Government cannot pass an emergency decree to keep the agency functioning.

Dalai Lama’s Visit To Romania Ecumenical, Not Political – Romanian MEP

14:44, 22 Apr. 2010
Dalai Lama’s visit to Romania will be strictly ecumenical, and it will not question the One China principle endorsed by Romanian authorities, Romanian MEP Laszlo Tokes said in a press release Thursday.

Romania’s Competition Council Might Fine Another Bank For Inexact Data

14:38, 22 Apr. 2010
Romania’s Competition Council is investigating another lender for providing inexact data, after it fined Raiffeisen Bank for the same reason, the watchdog’s president Bogdan Chiritoiu said Thursday.

Competition Watchdog Starts Inquiry On Bucharest’s Heating Supply Mkt

14:35, 22 Apr. 2010
Romania’s Competition Council will start an investigation on heat production, transport, distribution and supply market in the capital city Bucharest, the watchdog’s president Bogdan Chiritoiu said Thursday.

Romanian Cantacuzino Institute Employees Stage Spontaneous Protest Over Planned Layoffs

14:32, 22 Apr. 2010
Over 100 employees of Romanian vaccine producer Cantacuzino Institute Thursday staged a spontaneous protest over the Health Ministry's intention to lay off employees after several production departments were closed down.

Romanian Economy Min Admits Some People Were Hired In State Cos For Political Reasons

14:29, 22 Apr. 2010
Romania’s Economy Minister admitted Thursday that certain employees in state-run companies have been hired on political criteria, adding 5,000 employees in these companies were laid off last year.

Romania’s Econ Min Says Tax Auth Should Foreclose Debtors’ Assets

14:22, 22 Apr. 2010
Romania’s Economy Minister Adriean Videanu on Thursday said that the tax authority ANAF should foreclose the assets of some companies, as state-owned mining firm CNH, that would never pay their debts to the state budget, otherwise the respective debts will never be recovered.

South Stream To Go Through Romania – Econ Min

13:58, 22 Apr. 2010
Romanian Economy Minister Adriean Videanu on Thursday said Russia-backed South Stream pipeline will transit Romania in its way to Bulgaria and further to Italy and Austria.

Serj Tankian To Perform In C Romania At Artmania Festival

13:55, 22 Apr. 2010
Armenian-American singer and songwriter Serj Tankian, seen as one of rock's most unconventional icons, will perform in Sibiu, central Romania, at the fifth edition of the Artmania Festival to take place between August 13 and August 15, 2010.

Romanian Econ Min Says „Wise Guys” Pay More For Energy

13:37, 22 Apr. 2010
The "wise guys" on the Romanian energy market are now paying 50% more for power, Economy Minister Adriean Videanu said Thursday.

Romania To Eliminate Minimum Tax Jan 2011 – Econ Min

12:42, 22 Apr. 2010
Romanian Economy Minister Adriean Videanu on Thursday said the minimum tax will be eliminated as of January 1 2011, adding that he opposes any tax increases.

Romanian Public Sector Workers Can’t Strike Their Way Into Wage Raises – PM

12:40, 22 Apr. 2010
Romania’s public sector workers who believe staging strikes will get them wage raises and bonuses are wrong, Prime Minister Emil Boc said Thursday, adding raises may only be granted for efficiency and productivity and only when the economy is healthy.

Romanian Econ Min Says Economy Is In Delicate State

12:37, 22 Apr. 2010
Romania is in a delicate economic situation, but is far from a catastrophe, Economy Minister Adriean Videanu said Thursday.

Romania’s Govt Pleads For Eliminating Early Loan Repayment Fees – PM

12:04, 22 Apr. 2010
Romania’s government will endorse the normative act proposed by the national authority for consumers’ protection ANPC to eliminate the fee for early repayment of bank loans, including on mortgage loans, Prime Minister Emil Boc said Thursday.

Romania May Face Financial Crisis Without Reforming Public Spending – PM

11:49, 22 Apr. 2010
The Government keeps its intention to cut and streamline public spending, as economic developments of the past two years show that, without reform, Romania might slide into a financial crisis like the one faced by Greece, Prime Minister Emil Boc said Thursday.

Romania Fmr Judge Probed In Corruption Case Asks For Retirement

11:47, 22 Apr. 2010
Romania’s former Supreme Court judge Florin Costiniu, investigated at large in a corruption case involving senator Catalin Voicu and two businessmen, has asked for retirement and the country’s High Council of Magistrates allowed his request Thursday.

Most Romanian Teachers On Full-Blown Strike Across The Country Thursday

10:12, 22 Apr. 2010
Most teachers in Romania are on a one-day full-blown strike Thursday over reduced pay and planned layoffs in the education sector.

Romanian Govt Amends Law Regulating Constitutional Court’s Activity

10:10, 22 Apr. 2010
The draft law revising Romania’s Constitution stipulates that a minimum of 40 lawmakers is needed to notify the Constitutional Court, in the context in which the draft normative act proposes a single-chamber Parliament and a maximum of 300 MPs.

Romanian Govt Amends NATO Accession Law, Though Romania Has Been NATO Member Since 2004

09:41, 22 Apr. 2010
The draft law revising Romania’s Constitution stipulates that the country’s accession to the North Atlantic Treaty Organization needs two thirds of the votes cast in the single-chamber Parliament in order to be approved, although Romania has been a NATO member since March 2004.

Romanian Pres May Order Referendum If Parliament Silent For 30 Days – Draft Revised Constitution

00:54, 22 Apr. 2010
The draft law revising Romania’s Constitution stipulates that the President may choose the topics and date of a popular referendum and, should the Parliament not issue a decision within 30 days of the President’s request, may decree that it be held.

Romanian NGOs Represented By Six Magistrates In High Council – Draft Revised Constitution

00:53, 22 Apr. 2010
The draft law revising Romania’s Constitution stipulates that six of the 19 members of the High Council of Magistrates (CSM) will represent non-government organizations, three of whom would be appointed by the Parliament and three by the head of state.

Romanian Interim President Cannot Appoint PM – Draft Revised Constitution

20:53, 21 Apr. 2010
The draft law to revise Romania’s Constitution states that the interim president is not allowed to appoint the prime minister and confirm the Government after it was endorsed by the country’s Parliament.

Romanian Ministers’ Liability To Be Set Through Organic Law – Draft Revised Constitution

20:50, 21 Apr. 2010
The draft law revising Romania’s Constitution stipulates that the criminal liability of members of the Government will be established through an organic law, while sections concerning requests for criminal prosecution of ministers and the law of minister liability are eliminated.

Romanian President Has Immunity During Term – Draft Revised Constitution

20:32, 21 Apr. 2010
The draft law revising Romania’s Constitution stipulates that the President has immunity over the course of his/her term, a change from the current Constitution, which does not provide the length of immunity and makes reference to immunity from prosecution for political opinions.

Romanian PM Must Consult With President Before Cabinet Reshuffling

19:58, 21 Apr. 2010
Romania’s Government Wednesday approved a draft law to revise the country’s Constitution whereby the prime minister will be allowed to propose changes in the structure of the Government, by dismissing and appointing new ministers, only after consultations with the president.

Romania’s Hungarian Minority Party Wants Two-Chamber Parliament, Fewer Lawmakers

19:07, 21 Apr. 2010
The leader of the Democratic Union of Hungarians in Romania, Marko Bela, told MEDIAFAX Wednesday that his party wants a two-chamber Parliament and a reduced number of lawmakers, but not necessarily a maximum of 300.

Romanian Airline Tarom Flights To Resume Normal Schedule On Thursday

18:08, 21 Apr. 2010
Romanian state-owned airline Tarom's flights will resume their normal schedule on Thursday, unless certain countries choose to restrict their airspace, the airline said in a press release Wednesday.

IMF Sees Romania Economy Growing 5.1% In 2011

16:53, 21 Apr. 2010
The International Monetary Fund estimates Romania’s economy will grow 5.1% in 2011, the biggest increase in the European Union, compared with a modest growth of 0.8% envisaged for this year, according to the fund’s latest World Economic Outlook.

Romanian Public Servants To Resume Protests As Talks With Govt Failed

16:45, 21 Apr. 2010
Romanian public administration unionists said Wednesday, after talks with the Labor Ministry, that they have received no solution to the system’s problems and will go ahead with the scheduled protest action.

IMF Raises Forecast On Romania’s ’10 Inflation To 4%

16:34, 21 Apr. 2010
The International Monetary Fund raised its forecast on Romania's annual inflation in 2010 by 0.4 percentage points to 4%, the institution's World Economic Outlook report showed Wednesday.

Romania Govt OKs Sale Of Minority Stakes In State Companies

16:28, 21 Apr. 2010
Romanian government has authorized the sale of minority stakes in several state companies and plans to use most of the funds for investments in road infrastructure, Economy Minister Adriean Videanu said Wednesday.

Romania’s New Medical Leave Regulations Might Be Enforced In May

16:23, 21 Apr. 2010
Romania’s new conditions regarding medical leaves might come into force in May, as set in an emergency decree regulating this issue.

Romanian National On FBI Top 5 Wanted List For Cyber Fraud

16:17, 21 Apr. 2010
A Romanian national is on the U.S. Federal Bureau Of Investigation (FBI) list of five most wanted people for involvement in cyber fraud schemes, the FBI said on its website.

Romania Econ Min Dismisses Ctrl Bk, CEC Involvement In Invest Fund As Bogus

16:11, 21 Apr. 2010
Romanian central bank and state-run lender CEC Bank will have no contribution to the country’s planned investment fund, Economy Minister Adriean Videanu said Wednesday.

Romania To Supplement Funds Again For Clunkers Program On High Demand

15:52, 21 Apr. 2010
Romania’s Government will again hike the budget assigned to the country’s clunkers program because 94,000 out of 110,000 car scrap vouchers have already been distributed, Environment Minister Laszlo Borbely said Wednesday.

Minorities To Be Consulted In Decisions About Identity – Govt-Revised Constitution

15:48, 21 Apr. 2010
Romanian authorities will consult with civic organizations of ethnic minorities in decisions regarding the preservation, development and expression of ethnic, cultural and religious identity, says the draft law revising the Constitution, passed by the Government on Wednesday.

Romanian Govt Amends National Housing Agency Functioning Norms

15:37, 21 Apr. 2010
Romania’s Government adopted Wednesday a decision to amend the norms regulating the functioning of the National Housing Agency, or ANL.

Romania Won’t Back Out From OMV Petrom – Econ Min

15:31, 21 Apr. 2010
Romania has no plans to withdraw from the shareholders’ structure of oil company OMV Petrom (SNP.RO), Economy Minister Adriean Videanu said Wednesday.

Romanian Independent Cernea Demands Suspension Of Sunday By-Elections

15:24, 21 Apr. 2010
Romanian Green Party member Remus Cernea called on the Electoral Bureau to suspend the elections scheduled for Sunday, in accordance with the Constitutional Court’s ruling whereby independent candidates are allowed to run in by-elections.