English

Romanian Military Pensions Expected To Be Slashed Up To 69% Under New Pension Law – Min

Romania’s Defense Minister Gabriel Oprea said a recent calculation scenario, at the suggestion of the Labor Ministry, indicated that military staff pensions are to be reduced by 19% up to 69% upon the enforcement of the country's new unitary pension law.

Over 26,000 Romanians Received Non-Immigrant Visas For U.S.A In 2009 – Ambassador

U.S. Ambassador to Bucharest Mark Gitenstein said Wednesday Romanians are welcome to the United States, adding over 26,000 Romanian citizens received non-immigrant visas last year.

Romanian Govt To Approve Education Bill On Monday – Sources

Romania’s Government plans to hold a meeting Monday evening to approve the draft law on education, people close to the matter told MEDIAFAX.

Romania’s Feb Net Salary Dn 1.1% M-M To RON1,411

Romania’s net average salary in February was at 1,411 lei (EUR1=RON4.0967), down 1.1% compared with the previous month, the National Institute for Statistics, or INS, said Wednesday.

Romanians Working In Canada May Get Pensions From Both Countries Under New Social Security Agreement

Romanian nationals who have worked in Canada and paid social contributions there will get pensions calculated according to contributions in both countries upon retirement.

Swedish Saab To Withdraw From BSDA Exhibition Over Romania’s Choice Of F-16 Fighter Jets

Swedish aerospace and defense group Saab decided to call off its participation with Gripen multirole fighter aircrafts in the Black Sea Defense & Aerospace (BSDA) exhibition organized in April after it learned of Romania’s plans to purchase used F-16 fighter jets.

FIFA World Cup Trophy Arrives In Romania

The FIFA World Cup Trophy arrived in Romania Tuesday evening for the first time, as part of a 225-day world tour organized by Coca-Cola in 86 states on five continents.

Romanian FM, U.S. Embassy To Set Off Information Campaign On Non-Immigrant Visas

Romania’s Foreign Affairs Ministry and the United States Embassy in Bucharest on Wednesday will set off a joint information campaign for the Romanian citizens who wish to obtain non-immigrant visas to visit the United States, the ministry said in a press release Tuesday.

Romanian Family Doctors Likely To Resume Issuing Compensated Medicine As Of Thursday

Romanian family doctor association officials announced Tuesday, after talks with Health Ministry officials, that negotiations on the new healthcare contract for 2010 will continue Wednesday and, should a consensus be reached, doctors will resume prescribing compensated medicine starting Thursday.

U.S. Constructor Bechtel Puts Off Massive Layoff Plans Until After April 15

U.S. Bechtel, the company building Romania’s Transylvania Highway, has decided to put off plans for massive layoffs until after April 15 when it is expected to also decide on the number of employees to be sacked.

Romanian Anticorruption Prosecutors Indict Former Bacau Mayor

Dumitru Sechelariu, former mayor of the Romanian city of Bacau, has been indicted by anticorruption prosecutors, a month after investigators requested his arrest in a corruption case also involving Bacau public transport company director Iuliean Sutu.

Debts Of Romanian Insolvent Cos Up 7% To RON458M In Feb

The debts of Romanian companies undergoing dissolution to local banks rose 7% on the month in February, to 458 million lei (EUR1=RON4.0967), even though their number has slightly decreased, central bank data showed Tuesday.

Bucharest’s Election Bureau Rejects Remus Cernea’s Candidacy For Lawmaker Seat

Bucharest's central election bureau Tuesday rejected Romanian Green Party member Remus Cernea’s candidacy for a lawmaker seat in a by-election to be held on April 25.

Romanian Leu In Ranges, Exch Rate At 4.0967 Vs Euro

Romanian leu traded in ranges against the euro in mid session Tuesday, tracking regional markets, and the central bank’s reference won 0.16% on the day at 4.0967 to the European currency.

Romanian Former Presidential Candidate To Run For Lawmaker Seat

Romanian Green Party member Remus Cernea, a candidate in the 2009 presidential elections, filed Monday evening his candidacy for a lawmaker seat in a by-election on April 25.

Singapore’s Foreign Ministry Gives Romania Documents Regarding Hit-And-Run Case

Singapore’s Foreign Affairs Ministry Monday provided the charge d'affaires ad interim of the Romanian Embassy in Singapore with two document folders and eight volumes of photographs regarding the case of former Romanian envoy to Singapore Silviu Ionescu, Channel NewsAsia reported on Monday.

About 37,500 Romanians Spent Easter In Country’s Tourist Resorts, Dn 25% Compared To 2009

The number of Romanians who spent Easter in the country’s authorized boarding houses decreased by about 25% this year, to 37,500 million tourists, and the average price paid for tourism services was down 20% compared to 2009, the Romanian Tourism Employers’ Federation said in a press release Monday.

U.S. Antimissile Shield In Europe Compatible With Future NATO Defense System – Romanian Foreign Min

Romanian Foreign Affairs Minister Theodor Baconschi said Sunday on private television Realitatea TV that the U.S. missile defense shield Romania along with other Central and Southeastern European countries agreed to participate in is compatible with a future NATO antimissile system.

Romania’s Major Political Objective Is To Join Schengen Area – PM

Romanian Prime Minister Emil Boc said Saturday Romania’s major political objective after it acceded to the European Union and NATO is to join the Schengen area in March 2011, adding Romanian authorities will do their utmost to accomplish this goal.

Romanian Health Ministry To Hold Negotiations On Healthcare Frame Contract With Family Doctors – PM

Romanian Prime Minister Emil Boc said Saturday the Health Ministry will hold negotiations with family doctors to solve the issues regarding the country’s new frame contract on the provision of medical assistance in 2010.

U.S. President Obama To Meet Romanian President During Official Visit To Prague

U.S. President Barack Obama will meet with several Central and Eastern European leaders, including Romanian President Traian Basescu, during an official visit to Prague planned for April 8, the White House said Friday.

Romanian Mihail Kogalniceanu Intl Airport Manager To Resign From Office

The manager of Mihail Kogalniceanu International Airport in Constanta, southeastern Romania, Gheorghe Sutu, said Friday he plans to resign from office for medical reasons, adding his resignation will soon be sent to the Transport Ministry.

Romania Feb New Car Sales +14% MM, -57.5% YY

Romanian new car sales rose 14% on the month to 3.864 units in February, but were down 57.5% compared with the year-earlier period, the Automotive Manufacturers and Importers Association, or APIA, said Friday.

Fmr Romanian Mayor Convicted For Corruption Gets One Month Out Of Prison

A local court ruled Friday to release for one month Cristian Anghel, former mayor of the northern Romanian city of Baia Mare, who is sentenced to two and a half years in prison for corruption.

Fmr Romanian Envoy To Face 13 Indictment Counts In Singapore Over Hit-And-Run

The Singaporean Attorney-General's Chambers has prepared a set of 13 charges against former Romanian envoy to Singapore Silviu Ionescu, The Straits Times reported on Friday.

Romania Q1 Budget Deficit Meets IMF Target – Fin Min

Romania met its 8.25 billion lei (EUR1=RON4.1094) budget deficit target for the first quarter set with the International Monetary Fund, despite lower-than-expected revenue, Finance Minister Sebastian Vladescu said Thursday.

Romanian Officials Took Bribe From Turkish Daimler Subsidiary – US Justice Dept

German carmaker Daimler AG has been charged with violating United States bribery laws, after it was revealed that a Turkish branch had been buying off government officials in several countries, including Romania, in order to score business deals.

Bucharest Public Road Transport, Subway Unions To Merge – Union Leader

Romanian subway union leader Ion Radoi said Thursday that employees of Bucharest public road transport authority RATB who are unhappy with their leadership can leave and join the subway union.

Romania Should Have Used BCR Deal To Build Motorways – Fin Min

Romanian Finance Minister Sebastian Vladescu Thursday said the government should have stuck to its plan to use the money from the sale of lender Banca Comerciala Romana (BCR) to build motorways.

Italy’s Antidoping Tribunal To Hear Romanian Footballer Mutu On April 19

Italy’s National Antidoping Tribunal set April 19 as the trial date for the case of Romanian footballer Adrian Mutu, who tested positive for sibutramine at an antidoping test taken on January 10, 2010, the Italian National Olympic Committee said on its website Thursday.

Bucharest Public Transport Drivers Give Up Strike, Resume Work Thursday Evening

Bucharest general mayor Sorin Oprescu said public transport workers who staged a spontaneous strike Thursday decided to give up protests and resume work Thursday evening.

Bucharest Public Transport Drivers Want Wages Of RON3,000

Public transport workers in Romania’s capital Bucharest, who staged a spontaneous strike Thursday, demand wages of around 3,000 lei (EUR1=RON4.1094) for all public transport drivers.

ING Analysts Expect Romania’s Ratings To Improve In 2011

Romania’s country rating greatly depends on fiscal consolidation and it could be raised next year by Fitch and/or Standard & Poor's (S&P) in the investment grade category, according to an ING analysis.

EXCLUSIVE: Romania To Set EUR10,000 Cap On Moral Damages For Fmr Political Detainees

The Romanian Government plans to set a threshold of EUR10,000 on moral compensations paid to former political detainees during the communist regime, people close to the matter told MEDIAFAX.

Romanian Family Doctors To Stop Issuing Prescriptions For Compensated, Free Medicine

Romanian family doctor associations announced they will no longer prescribe compensated and free medicine as of April 1, because the new frame-contract on healthcare has been approved without their input.

EXCLUSIVE: Romanian Agriculture Ministry Gives 75% Wage Raises To HR Dept Employees

The Romanian Government increased by 75% the salaries of employees within the Agriculture Ministry’s human resources management department, amid pledges to slash public spending to keep economy afloat and meet the conditions imposed by foreign lenders with which the country signed loan agreements.

Romania May Wait Beyond Q1 To Emerge From Recession

Romanian economy could still be months ahead a positive revival, as the first signs regarding the evolution in the first quarter don’t point to growth, officials of the National Prognosis Commission (CNP) said Thursday.

Romania Leu Falls Vs Euro, Exch Rate Hits 5-Wk Low At 4.1094

The Romanian leu edged lower against the euro in mid trade Thursday, driven by growing sales of hard currency, and the central bank’s reference lost 0.3% on the day to 4.1094, the lowest rate in five weeks.

Romania Sets Off Program To Upgrade Roads, Provide Public Water Utilities Countrywide

The Romanian Government decided to earmark funds for a new program meant to refurbish county roads and provide public water utilities and wastewater cleaning stations in rural areas and administrative-territorial units with high tourist potential.

Romania To Ask King Michael To Pay Administrative Expenses Of Royal Residence In Bucharest

Romania’s state patrimony administration RA-APPS will require Romania’s King Michael to pay administrative expenses for the royal Elisabeta Palace in capital Bucharest, people in the institution told MEDIAFAX, adding the state doesn’t have enough money for these costs.