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Past Romanian Education Reforms Only ‘Stitched’ System – President

13:13, 29 Mart. 2010
Romania’s President Traian Basescu said Monday that, so far, the education system has only been “stitched,” as no significant changes have been made.

Romanian MedLife Starts Stem Cell Collection Operations

12:55, 29 Mart. 2010
Romanian private healthcare company MedLife said Monday it started stem cell collection operations through a partnership with Stem Sure Solutions, the local representative of Denmark’s StemCare.

Romanian President Calls For Depoliticized Debate On Education Law

12:26, 29 Mart. 2010
Romania’s President Traian Basescu said Monday that the only way to have a good law on education is to take a depoliticized approach to the system’s priorities.

Romania Ctrl Bk Cuts Key Rate By 50 Bps To An All-time Low Of 6.5%

11:34, 29 Mart. 2010
Romania's central bank on Monday decided to cut its key monetary policy rate by 50 basis points to 6.5%, the lowest level ever recorded.

Romania Feb Residential Building Permits +19.3% MM, -39.2% YY

10:03, 29 Mart. 2010
Romania issued 2,272 buildings permits for residential projects in February, up 19.3% compared with the previous month, and 39.2% lower on the year, the statistics institute INS said Monday.

Romanian Senator Facing Prosecution Says Lawmakers’ Decision Lifting His Immunity Is Null

15:59, 28 Mart. 2010
Romanian social democrat senator Catalin Voicu, who faces prosecution on charges of influence peddling and fraud, sent a request to the Senate asking to be heard in plenary session, adding the Senate’s decision to lift his immunity is null.

Bomb Scare On Timisoara Airport, Western Romania

22:07, 27 Mart. 2010
Romanian police, gendarmes and firefighters were rushed to the international airport in Timisoara, western Romania, after someone called the emergency number 112 to report a bomb on the airport.

Bird Flu Suspicion In Household In SE Romania

17:30, 27 Mart. 2010
Romania’s sanitary veterinary and food safety authority found a possible outbreak of bird flu in a household in the village Plaur, in the southeastern Romanian county of Tulcea, the authority said in a news release Saturday.

NATO Sec Gen Says Iranian Missiles Can Reach Romania And Bulgaria

16:30, 27 Mart. 2010
NATO Secretary General Anders Fogh Rasmussen insisted Saturday on the need for antimissile defense in Europe, identifying a threat in Iran, which has missiles that could reach Romania, Bulgaria, Turkey and Greece.

Romania To Revise State Budget After Talks With IMF, In May-June

16:16, 27 Mart. 2010
Romania’s Government will operate this year’s first state budget revision toward the end of the first half of the year, in May or June, after talks with the IMF mission, scheduled for late April, people close to the matter told MEDIAFAX Saturday.

Romanian PM Warns “Heads Will Roll” If Local Public Workers Delay Wage Payments

16:07, 27 Mart. 2010
Romanian Prime Minister Emil Boc said “heads will roll” in local labor and fiscal administration departments if wages are stalled because managers are too incompetent or lenient to open credit lines and prefer to tell people the government has no money because of thee crisis.

Romanian PM Says Teachers To Get Raises Of Just 17%

15:27, 27 Mart. 2010
Romanian Prime Minister Emil Boc said the Government maintains its decision to only raise teachers’ wages by 17% this year, under current legislation, because the country cannot afford to sacrifice its economic stability.

Romanian PM Calls On Parliament To Urgently Enact Govt’s Proposed Bills

15:14, 27 Mart. 2010
Romanian Prime Minister Emil Boc called on the Parliament to speed up the enactment of the main draft laws the Government has sent, including the fiscal responsibility law, the pension law, and the civil and criminal procedure codes.

Romania’s Unemployment Rate 2% Below European Average, No Use To Lament – President

20:58, 26 Mart. 2010
Romanian President Traian Basescu said Friday the country’s unemployment rate is about 2% below the average registered in the European Union, adding Romania should “stop lamenting and concentrate on other matters that need to be solved.”

Romanian Tourism Min Pleads For Complete Privatization Of Tourism, Better Services

20:51, 26 Mart. 2010
Romanian Regional Development and Tourism Minister Elena Udrea said Friday that hotels on the Romanian coastline apply prices similar to those in Greece, but the quality of services is not at the same level, while Bulgaria offer smaller prices.

Romania Ctrl Bank Says Falling Inflation Good Reason To Cut Rates

18:47, 26 Mart. 2010
A falling inflation is a good reason to cut the key rate, central bank governor Mugur Isarescu said in a banking seminar Friday, a few days ahead of the bank’s monetary policy meeting due March 29.

Romania Ctrl Bk Chief: Economy Must Be Allowed To Recover

18:20, 26 Mart. 2010
Romanian central bank governor Mugur Isarescu Friday said the economy must be allowed to recover at its own speed, or the authorities might need to raise the taxes to aid the state budget.

Romanian Decentralized Institution Heads, Dismissed If Rude To The Public – PM

17:53, 26 Mart. 2010
Romanian Prime Minister Emil Boc said Friday, during a visit to Focsani, eastern Romania, the heads of decentralized institutions will be dismissed if they prove “arrogant and disdainful in relations with the public”.

Romanians To Spend RON96B In Retail Stores This Year, Up 7% On ’09 – Euromonitor

17:14, 26 Mart. 2010
Romanians will spend 96.4 billion lei (EUR1=RON4.0682) this year on food and non-food products, some 7% more than in 2009, and will mostly target modern commerce, which will lead to the bankruptcy of over 900 small stores and boutiques, according to Euromonitor.

Romanian Anticorruption Prosecutors Ask Court To Place Senator Under Arrest

16:40, 26 Mart. 2010
Romania’s National Anticorruption Department (DNA) Friday submitted with the High Court of Justice the request to have social democrat senator Catalin Voicu placed under preventive arrest on charges of influence peddling and fraud, after the Senate approved prosecutor’s request on Wednesday.

Romanian Labor Min Pushes For Simplified Procedures To Access EU Funds

16:11, 26 Mart. 2010
Romania’s Labor Minister Mihai Seitan on Friday said he wants simplified procedures needed to access European Union funds, especially since the absorption of funds provided via the European Social Fund (ESF) has been stalled too long over the past years.

Romania Econ Min Says Pitcoal Miner CNH Won’t Shut Down

15:29, 26 Mart. 2010
Romanian Economy Minister Adriean Videanu on Friday said the country’s biggest debtor, pitcoal mining company CNH, won’t be shut down, but stressed the company requires restructuring.

E.ON Romania Chief Wants To Meet PM To Talk Tariffs

15:08, 26 Mart. 2010
Gas and energy supplier E.ON Romania Friday said company officials plan to discuss with Prime Minister Emil Boc about increasing tariffs and the situation of energy investors.

Romanian Association Wants All Seaside Cos To Pay Tourism Promotion Fee

14:03, 26 Mart. 2010
Romanian tourism association Litoral-Delta Dunarii said in a press release Friday it will propose that local authorities on the Black Sea Coast charge a tourism promotion fee for each and every company with business operations in seaside resorts.

Romanian SMEs Want Early Pft Tax Payment Postponed Until 2020

13:59, 26 Mart. 2010
Romanian SMEs disagree with eth Government’s decision to cancel early profit tax payments until 2012 and want the measure kept for microenterprises until 2020, arguing these small businesses need several years to recover from the economic crisis.

Truck Falls Off Bridge, Causes Railway Traffic Restrictions In Cernavoda, SE Romania

13:58, 26 Mart. 2010
A truck fell off a bridge over railway tracks in Cernavoda, southeastern Romania, and trains covering the route between Bucharest and Constanta were imposed speed restrictions which will triggers delays of maximum 20 minutes, Romanian state-owned railway company CFR said Friday.

Romania Ctrl Bk Likely To Cut Rate Again Monday – Poll

13:35, 26 Mart. 2010
Romania's central bank is likely to cut its key monetary policy rate by another 50 basis points on March 29, economists said Friday, citing concern about low consumption and the leu’s rapid strengthening against the euro.

E.ON Romania Could Fire 1,700 Staff Over Low Energy Prices

13:00, 26 Mart. 2010
Gas and energy supplier E.ON Romania on Friday said it might have to let go approximately 1,700 staff in 2010 unless the energy regulator allows it to increase tariffs.

Over 200 Romanian Pensioners Picket Govt HQ Displeased With New Pension Law

11:10, 26 Mart. 2010
Over 200 pensioners are protesting Friday outside the government building and the country’s prefects’ offices, displeased with the pension reform, the co-payment system for healthcare and the reduction in the number of treatment vouchers.

Romania Econ Min: Lack of Decision Making Could Kill Rosia Montana Gold Mining Project

22:53, 25 Mart. 2010
Romania’s Economy Minister Adriean Videanu said Thursday that “if a decision involving the Rosia Montana gold mining project is not made this year, then, the project is poised to fail," adding any economy minister ought to uphold such an investment.

Romanian Cos With Overdue State Debts To Face Penalties Fueled By Delay Period – Draft

21:24, 25 Mart. 2010
Companies with delays in payment of fiscal dues to the state budget will pay an interest on late payment twice lower than the current interest within the first 30 days from the payment due date, but penalties will be harsher after the 30-day deadline expires, according to a draft emergency decree.

Romania To Have Sole Online Financial Statement For Cos In 2011 – PM

20:01, 25 Mart. 2010
Romania’s Prime Minister Emil Boc on Thursday said the government is working on a system meant to simplify the financial statements submitted by companies in order to have a sole online fiscal statement in 2011.

Nearly 75,000 Romanians To Spend Easter In The Country – Tour Operators Assoc

19:01, 25 Mart. 2010
Around 75,000 Romanians will spend the Easter holiday in the country, 5% more than last year, and 10,000-12,000 Romanians will spend the Easter abroad, 50% less compared to last year, Romania’s National Association of Tour Operators (ANAT) spokesman Traian Badulescu said Thursday.

Romanian Jobs Market Starts Moving Again, Cos Have Grown Wary – HR Specialists

17:53, 25 Mart. 2010
The Romanian jobs market has begun to move again, but companies are more careful when choosing employees, which renders the selection process lengthier, and employees are more flexible but reticent when it comes to relocation or professional reconversion, according to human resources specialists.

Romania Jan-Feb Budget Gap At 1.1% Of GDP

15:19, 25 Mart. 2010
Romania’s consolidated budget posted a deficit of 1.1% % of the gross domestic product in the January-February period, amounting to 5.8 billion lei (EUR1=RON4.0653), Finance Ministry data showed Thursday.

Some 1.1 Million Romanians Form Italy’s Largest Immigrant Community – Report

15:14, 25 Mart. 2010
The number of Romanians living in Italy has reached at least 1,165,000, and the Romanian community is the largest in Italy and second in the EU with respect for the number of immigrants, according to a report of the Caritas organization, quoted by ASCA online.

Romanian PM Calls For Second Stage Of Public Sector Restructuring Process

15:13, 25 Mart. 2010
Romanian Prime Minister Emil Boc asked his Cabinet to prepare the second stage of the public sector restructuring process, to follow last summer’s reorganization of government agencies, a move which will entail layoffs to lower public spending.

Romania Debt Collecting Cos Recovered 24% Of Receivables In 2009

14:48, 25 Mart. 2010
Romanian debt collecting companies recovered debts worth EUR264 million in 2009, mostly from individuals, and they represent 24% of a total EUR1.1 billion to be recovered, Association of Commercial Debt Management (AMCC) said Thursday.

Romanian Financial Guard Estimates Tax Evasion In Cigarette Sales At EUR1B

14:38, 25 Mart. 2010
Tax evasion in the sale of tobacco products in Romania is estimated at EUR1 billion, mainly because of cigarettes smuggled from Ukraine and the Republic of Moldova and sales in duty-free shops, said Thursday Ladanyi Arpad Csaba, head of Romania’s Financial Guard.

Romanian Commercial Debt To Grow 10% In ’10, To EUR1.1B – Collectors

14:23, 25 Mart. 2010
The value of commercial debts will gain 10% this year, from EUR1.1 billion in 2009, with the highest impact segments including the residential segment, construction, transports, textiles, retail and distribution according to forecasts from the Romanian Commercial Debt Management Association (AMCC).