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Bucharest Court Admits IT Retailer Flamingo’s Bankruptcy Request

12:57, 14 Dec. 2009
The Bucharest Court admitted Monday the insolvency request of IT&C retailer Flamingo International (FLA.RO) and named RVA Insolvency Specialists as judicial administrator, after the insolvency of its unit Flanco was also approved last week.

Romanian Police Investigate Death Threats Received By Sibiu Mayor Johannis

12:50, 14 Dec. 2009
Romanian police in Sibiu, central Romania, have opened a criminal investigation as the city’s mayor, Klaus Johannis, received death threats before the presidential election runoff

Romanian Democrat Liberals Seek Solid Parliament Majority Of 290/471 Seats

12:20, 14 Dec. 2009
Romania’s caretaker Prime Minister and head of the Democratic Liberal Party Emil Boc said Monday democrat liberals want a solid majority of 280-290 seats in Parliament not just to push through a new government, but also to carry on reform.

Romanian Fin Min Hopes To Get IMF 3rd Tranche In Jan

11:41, 14 Dec. 2009
Romania’s acting Finance Minister Gheorghe Pogea on Monday said Romania still has chances to get in January the third tranche of a EUR13 billion loan from the International Monetary Fund.

IMF Delegation To Discuss Romania’s 2010 Budget

11:26, 14 Dec. 2009
An International Monetary Fund delegation arrived Monday in Bucharest to discuss the draft budget for 2010 jointly with the Finance Ministry representatives, and to prepare the second review of the stand-by agreement, which might take place in January, after the new government is formed.

Romania’s Govt Needs To Restore Credibility – ING Romania Official

14:47, 13 Dec. 2009
The most important thing Romania’s future government has to do is restore its credibility outside the country, which will allow it to finance the budget deficit, said ING Bank Romania general manager Misu Negritoiu, adding the future government should be political.

Null Vote Recount In Romanian Election Shows Basescu Well In The Lead

11:54, 13 Dec. 2009
Romania’s Central Electoral Bureau has recounted voided ballots in 31 out of 41 counties and the capital and found among them 778 valid ballots for incumbent President Traian Basescu and 697 for social democrat Mircea Geoana, people close to the matter said Sunday.

Romanian Acting PM Sees GDP Growth Of Up To 2% Next Year

10:08, 13 Dec. 2009
Romania will register economic growth of at least 0.5% of gross domestic product next year and could see growth of up to 2% of GDP, acting Prime Minister Emil Boc said late Saturday.

Romania’s Pension Law To Cut Pensions Calculated As 80% Of Last Salary

09:55, 13 Dec. 2009
Romania’s new pension law will mainly lower pensions granted currently that are 80% of the retiree’s last salary, acting Prime Minister Emil Boc said late Saturday.

Romanian Electoral Bureau To Resume Null Vote Recount Sunday Morning

15:17, 12 Dec. 2009
Romania’s Central Electoral Bureau has halted the recount of ballots voided in Sunday’s presidential election runoff and will resume it Sunday morning, citing fatigue after its members spent all night counting.

Romania Registers 4,548 AH1N1 Infections, 18 Deaths

13:40, 12 Dec. 2009
Romania registered 174 new cases of infection with the AH1N1 pandemic flu virus over the past 24 hours taking the total number of cases to 4,548, the Health Ministry said Saturday.

Partial Null Vote Recount In Romanian Election Shows Basescu Still Leading – Sources

12:16, 12 Dec. 2009
Romania’s Central Electoral Bureau has recounted voided ballots in 24 counties and so far found among them 567 valid ballots for incumbent President Traian Basescu and 504 for social democrat Mircea Geoana, people close to the matter said.

Valid Ballots Found Among Null Votes In Romanian Election Recount

11:37, 12 Dec. 2009
A recount of ballots annulled in Romania’s presidential election runoff last Sunday has found a large number of valid votes for both contenders, social democrat representative in the Central Electoral Bureau Nicu Vasilescu told MEDIAFAX Saturday.

Romanian Train Traffic Schedule Changes Sunday

17:47, 11 Dec. 2009
The new Romanian railroad passenger traffic schedule will come into force Sunday, with the traveling durations of most trains increased by up to 50 minutes, because of the state of the railroad infrastructure.

Romania’s Constitutional Court Asks Recount Of Null Votes Be Made By Monday

17:44, 11 Dec. 2009
Romania’s Constitutional Court urged the Central Electoral Bureau to reexamine and recount null votes by Monday at 3 p.m.

Rammstein, AC/DC To Play In Romania Next Summer

17:32, 11 Dec. 2009
Rammstein and AC/DC, two of the world’s biggest rock bands, will play in Romania next summer, D&D East Entertainment production manager Lenti Chiriac confirmed for MEDIAFAX.

IMF/EU Delegation To Visit Romania Next Week – Interim Fin Min

16:37, 11 Dec. 2009
A delegation comprising representatives of the International Monetary Fund and the European Commission is scheduled to arrive in Bucharest early next week to discuss Romania’s draft budget for 2010, Finance Minister Gheorghe Pogea told MEDIAFAX Friday.

Russian Foreign Affairs Spokesman Nesterenko Asks Romanian Pres To Be Respectful

15:56, 11 Dec. 2009
Russia would like Romanian President Traian Basescu to take on a normal and respectful attitude towards Moscow and its foreign policy, said Russian Foreign Affairs Ministry spokesman Andrei Nesterenko in a press conference.

Romania’s President Disclaims Talks With Central Bank Governor On Future PM Position

15:53, 11 Dec. 2009
Romanian President Traian Basescu said Friday he did not have talks with central bank Governor Mugur Isarescu to convince him to accept the prime minister position.

Romanian Constitutional Court Orders Recount Of Null Votes

14:03, 11 Dec. 2009
The Romanian Constitutional Court Friday ordered the Central Electoral Bureau to recount null votes, so as to determine if election night reports are accurate.

Romania’s Freight Railroad Co CFR Marfa To Sack Over 6,000 Staff Without Severance Pay

13:54, 11 Dec. 2009
Over 6,000 employees of the freight division of the Romanian state-owned railroad company CFR Marfa will be laid off as of March 1, 2010 and will not receive wages as severance pay, according to the restructuring program sent to railroad unions.

Romania Registers 18 Deaths, 4,374 AH1N1 Infections

13:09, 11 Dec. 2009
Romania has registered 18 fatalities so far in patients infected with the AH1N1 virus and 129 new cases of infection were reported over the past 24 hours, taking the total number of infections to 4,374, the Health Ministry said Friday.

Romania Jan-Oct FDI More Than Halves To EUR3.72B

12:32, 11 Dec. 2009
Romanian foreign direct investment, or FDI, more than halved in the first ten months to EUR3.72 billion compared with EUR7.66 billion in the same period the year earlier, the central bank said Friday.

Romania Nov New Car Registrations Up 11% Vs Oct To 8,500 Units

12:30, 11 Dec. 2009
Romanian new car registrations rose 11% on the month to 8,490 vehicles in November, but were down 38% compared with the same month of 2008, Interior Ministry data showed Monday.

Romania’s Petrom Cuts Pump Prices By RON0.05/Liter

12:28, 11 Dec. 2009
Romania’s largest oil company Petrom (SNP.RO) cut Friday its gasoline and diesel oil pump prices by 0.05 lei (EUR1=RON4.2347) per liter, following the decrease of international quotations for crude oil products.

Romanian Democrat Liberals Stick To Choice Of Right-Winged Govt

12:25, 11 Dec. 2009
Romanian democrat liberal leader and caretaker Prime Minister Emil Boc said Friday the political majority needed to form the country’s future government must include either democrat liberals, liberals and the Hungarian minority party or democrat liberals and the Hungarian minority.

Romania’s Nov CPI + 0.67% MM, Annual Inflation At 4.65%

10:36, 11 Dec. 2009
Romania's consumer price index rose by 67 basis points on the month in November, driven mainly by higher tobacco and fuel prices, while the annual inflation widened to 4.65%, ending an eight-month deceleration period, the National Statistics Institute said Friday.

Pollution Tax For One Romanian Dacia Logan Reaches EUR774

16:55, 10 Dec. 2009
The lowest amount to be paid as pollution tax upon the purchase of a new Dacia Logan in Romania will be EUR363 and the highest amount will reach EUR774, starting January 1, 2010, when owners of Euro 4 cars start paying the pollution tax.

Romanian President’s Spokesman Denies Sex Tape Allegations

16:11, 10 Dec. 2009
Romanian President Traian Basescu’s election campaign spokesman Sever Voinescu said Thursday Basescu’s campaign staff never had a tape like the one mentioned by Spanish newspaper La Vanguardia.

Romanian Intellectual Claims President Basescu Was Offered Sex Tape Of Rival Geoana

15:43, 10 Dec. 2009
Romanian writer Horia Roman Patapievici, head of the Romanian Cultural Institute, said in an interview published Sunday by Spanish daily La Vanguardia that he knows for sure Romanian President Traian Basescu was offered a tape of social democrat rival Mircea Geoana receiving oral sex.

Romanian Law Placing Trade Registry Under Chambers Of Commerce Authority Ruled Unconstitutional

14:57, 10 Dec. 2009
The Romanian Constitutional Court ruled Thursday that the Law placing the Trade Registry under the authority of Chambers of Commerce is unconstitutional.

Romanian Troops Could Receive Their Overdue Bonuses For May, June

14:22, 10 Dec. 2009
Romanian troops could receive their overdue bonuses for May and June, since the Ministry of Defense’s budget was increased by 84.6 million lei (EUR1=RON4.2347), including RON79.5 million for staff expenses.

Romanian-German Co iQuest Wins Google Prize For Android Application

14:20, 10 Dec. 2009
Google awarded Romanian-German firm iQuest $100,000 for a software application which will be integrated into the Android operating system, developed by Google for mobile phones.

U.S. Court To Hear Romanian Embezzlement Suspect Necolaiciuc For Extradition In Feb

14:20, 10 Dec. 2009
U.S. authorities, who have custody of Mihai Necolaiciuc, former general manager of the Romanian National Railroad Company CFR whom Romania wants extradited for fraud, said a Florida court will likely set a hearing for February 2010, the Romanian Justice Ministry said Thursday.

Romania Registers 16 Deaths, 4,245 AH1N1 Infections

13:35, 10 Dec. 2009
Romania has registered 16 fatalities so far in patients infected with the AH1N1 virus and 132 new cases of infection were reported within the past 24 hours, taking the total number of infections to 4,245, the Health Ministry said Thursday.

Romanian Jan-Oct Trade Gap Narrows To EUR7.86B

10:05, 10 Dec. 2009
Romania’s trade deficit narrowed in the first ten months to EUR7.86 billion from EUR20.17 billion in the same period the year before, the National Statistics Institute said Thursday.

Romanian Unirea Urziceni Misses Qualification In Champion League’s Last 16

09:33, 10 Dec. 2009
Romanian football team Unirea Urziceni Wednesday evening lost 3-1 the away match with German team VfB Stuttgart and missed qualification in the Champions League’s last sixteen, but will play in the last 32 of the Europa League.

Romanian Govt Decides To Sell 2,338 ANL Houses To Tenants

20:32, 09 Dec. 2009
The Romanian Government announced Wednesday it will change the status of 2,338 more houses rented by young people for more than three years through the National Housing Agency (ANL) in order to sell them to the tenants.

Romanian Liberals Refuse Democrat Liberal Leader’s Invitation To Talks On Parliament Majority

19:53, 09 Dec. 2009
Romanian liberals said Wednesday that in the absence of a Constitutional Court ruling on the validity of the presidential election's outcome and as long as the country has a prime minister-designate, no talks on forming a parliament majority can be held, as democrat liberals requested.

Draft Budget For 2010 To Be Presented To Future Govt For Completion – Romanian Fin Min

19:04, 09 Dec. 2009
The draft budget for 2010 is 95% finished and will be presented to the future Government for completion according to the public policies of the government program, Romanian acting Finance Minister Gheorghe Pogea told MEDIAFAX Wednesday.