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Romania’s August Net Salary Dn 3% MM To RON1,348

Romania’s net average salary was at 1,348 lei (EUR1=RON4.2782) in August, down 3% compared with RON1,390 in the previous month, the National Institute for Statistics said Monday.

Over 750,000 Romanian Public Sector Employees Go On General Strike Monday

Unionists in Romanian education, healthcare, public administration, law enforcement and public finance will be on general strike on Monday.

Bucharest Breaks World Record For Longest Line of Pizzas

Romania’s capital city Bucharest has made it to the Guinness Book of World Records on Saturday with the world’s longest line of pizzas, consisting of over 2,200 pizzas and measuring 496.97 meters, according to a press release of event organizers, Bucharest Food Festival.

Romanian Govt Works On Solid Policies To Cushion Effects Of Economic Crisis – President

Romania’s Government did not plan to "pull the country out of the economic crisis," as we all face a global crisis, but to develop solid policies meant to cushion its effects, by keeping the euro-leu exchange rate under control and financing the budget deficit, President Traian Basescu said Sunday.

Romanian Democrat Liberals To Launch President Traian Basescu’ Candidacy On Oct 17– Sources

Romanian democrat liberals are getting ready to officially launch acting President Traian Basescu's candidacy for a second term, most likely on October 17 at the Palace Hall in Bucharest, sources close to the matter told MEDIAFAX.

Romanian Monica Balascuja Dies In Sicily Mudslide

Romanian national Monica Balascuja, 48, died in Scaletta Zanclea, a commune in Sicilian city of Messina, Italy, following a devastating mudslide that has killed at least 21 in Sicily, Corriere della Sera informed on its website, citing the local Civil Protection Department.

Romania PM Promotes Gheorghe Dobre As Secretary General With Development Ministry

Romanian Prime Minister Emil Boc decided to promote democrat liberal Gheorghe Dobre from deputy secretary general to secretary general with Romania’s Development Ministry.

Romanian PM Sacks Head Of Foreign Investment Agency

Romanian Prime Minister Emil Boc decided to dismiss Darius Mesca as president of the Romanian Agency for Foreign Investments (ARIS).

Romanian President Reassures Pensions Will Be Paid On Time

Romanian President Traian Basescu said Saturday in Sannicolau Mare, in Romanian western county of Timis, that the state will meet its obligations to pensioners, stressing that "regardless of the harsh economic conditions, pensions will be paid on time.”

Romania’s Democrat Liberal Govt Sacks Social Democrat Deputy Prefects In 15 Counties

Romania’s democrat liberal government decided in its meeting Saturday to sack social democrat deputy prefects in nearly 15 counties countrywide, following a split in the governing coalition on October 1, people close to the matter told MEDIAFAX.

Romanian President Pushes For Investments In Country’s Irrigation Systems

Romanian President Traian Basescu said Saturday in western city of Timisoara, that Romania is able to feed 80 million people if it invests in the country’s irrigation systems and the development of rural area.

President Traian Basescu: Romania To Return To Economic Growth In 2Q 2010

Romanian President Traian Basescu said Saturday, within a meeting with businesspeople in western city of Timisoara, that Romania might return to economic growth in the second quarter of 2010, according to the central bank’s evaluations and forecasts.

Romanian President Traian Basescu Announces Candidacy For Second Term

Romania’s acting President Traian Basescu on Saturday announced his candidacy for a second term in Sannicolau Mare, in Romanian western county of Timis, where he met with farmers in the country’s western region.

Romanian President Blasts Local Authorities For Poor Management Of State Funds

Romanian President Traian Basescu on Saturday said corruption is not the one eating up state funds in some sectors, but the bureaucracy in the respective sectors, and stressed most local authorities spend funds irresponsibly and then turn to the government for more money.

Romanian MEP Gigi Becali Announces Presidential Candidacy

Romanian MEP Gigi Becali, head of the Christian-Democratic New Generation Party (PNG-CD), on Saturday announced his candidacy for the presidency of Romania within the party’s national council meeting.

Romanian Transport Min Sets Annual Danube Bridge Pass Fees

The annual pass used to cross the bridge over the Danube, at Cernavoda-Fetesti, will cost 400 lei (EUR1=RON4.2782) for 50 crossings by car and RON2,720 for trucks weighing more than 12 tons and with at least 12 axels, according to an announcement made by the Romanian Ministry of Transport.

Romanian President Reinstates Kovesi As Prosecutor General

Romania’s President Traian Basescu Friday signed the decree reappointing Laura Codruta Kovesi as the country’s prosecutor general, for a three-year term, the president’s office said in a press release.

S&P Says Romania Ratings Unaffected By Coalition Split

Standard & Poor's Ratings Services on Friday said the collapse of the government coalition in Romania has no immediate impact on the sovereign credit ratings.

Azerbaijan Offers Romania 7.3 BCM Of Gas For Nabucco – Sources

Azerbaijan has offered to supply Romania with 7.3 billion cubic meters of natural gas to be transported via Nabucco project, amounting to nearly one quarter of the pipeline’s planned annual capacity, people working for the Economy Ministry told MEDIAFAX Friday.

Romanian Democrat Liberals Appoint Gheorghe Flutur Campaign Manager

Romanian democrat liberal vice-president Gheorghe Flutur will be the Democratic Liberal Party's campaign manager for the upcoming presidential elections, in which the party backs acting President Traian Basescu, who has not yet said whether he is running for re-election.

Interior Min Vows To Ensure Free, Fair Presidential Elections In Romania

Romanian interim Interior Minister Vasile Blaga said Friday he will ensure the organization of “free and fair” presidential elections, stressing that he will noeither be President Traian Basescu’s campaign manager nor will he be part of the Democratic Liberal Party’s campaign staff.

Romanian Ministers Won’t Get Extra Pay For Interim Seats – PM

Romania’s democrat liberal ministers, who have taken over interim seats in ministries left vacant by socials democrats who quit Thursday, will not get any extra pay, Prime Minister Emil Boc said Friday.

Romanian Leu Slips Vs Euro, Hovering Around 4.3 Ceiling

Romania’s leu had deepened its fall against the euro in early trade Friday, threatening to break the 4.3-unit ceiling as repercussions of the coalition government collapse and international negative sentiments rally in on the local currency.

Romanian PM Cancels Ex-Education Min’s Order On School Management Appointments

Romanian Prime Minister Emil Boc, who is now also interim education minister, cancelled the former social democrat minister Ecaterina Andronescu’s order stating school principals were to be appointed by the ministry instead of local school inspectorates.

Romania PM Announces Dismissal Of All Social Democrat Secretaries Of State

Romanian democrat liberal Prime Minister Emil Boc on Friday said social democrat secretaries of state within all ministries were sacked and their cabinets were disbanded following a split in the governing coalition yesterday.

Loan To Romania Unconditioned By Govt Structure – IMF

The changes in Romania's government will not endanger the agreement with the International Monetary Fund, IMF's Regional Representative for Romania and Bulgaria, Tonny Lybek said Thursday.

Romanian President Signs Decrees Appointing Interim Democrat Liberal Ministers

Romanian President Traian Basescu signed Thursday the decrees appointing interim democrat liberal ministers at the headship of the ministries left vacant by the social democrats.

Romanian Democrat Liberals To Take Over Social Democrats’ Prefect, State Secretary Seats

The Romanian Government on Thursday replaced the prefects and the state secretaries backed by the Social Democratic Party with people supported by the Democratic Liberal Party.

Romania’s New Govt Able To Work After Social Democrats’ Resignation – President

Romania’s President Traian Basescu said Thursday the social democrat ministers’ resignation is not a good thing, but this is far from being a tragedy, and the Government can still function.

Medical Staff Facing Emergency Cases To Benefit From Telemedicine Support – Health Min

Romania’s Health Ministry finished a EUR1 million telemedicine project for emergency cases that will be available in seven counties and will offer assistance to medical staff working in small hospitals or hospitals dealing with a lack of doctors, Health Minister Ion Bazac said Thursday.

Romanian PM Must Find Parliament Support For Govt To Function – President

Romanian President Traian Basescu said Thursday that Prime Minister Emil Boc must find a majority in Parliament to ensure the functioning of the Government, adding that he hopes this will not take more than 45 days.

Romanian PM Announces Structure Of New Govt After Social Democrats’ Pullout

Romanian Prime Minister Emil Boc announced Thursday the structure of the new Government following the resignation of the social democrat ministers.

Romanian President Signed Revocation Of Social Democrat Ministers Who Resigned

Romanian President Traian Basescu said Thursday that he signed at the proposition of Prime Minister Emil Boc the decrees revoking the ministers who resigned.

Coalition Split Pressures Romanian Leu, Endangers IMF Targets – Analysts

The ruling coalition collapse will put pressure on the Romanian leu, while a minority government will endanger the targets established in the agreement with International Monetary Fund, restricting even more the central bank’s capacity to protect the currency, economic analysts said.

Romanian PM Assures EU Ambassadors Govt Will Keep Political Stability

Romanian Prime Minister Emil Boc assured ambassadors to Bucharest of European Union countries that the Government will maintain political stability despite the split in the ruling coalition prompted by the social democrats’ pullout, people at the meeting told MEDIAFAX Thursday.

S&P May Cut Romania’s Rating If IMF Pledges Not Met

Standard&Poor's may downgrade its sovereign rating on Romania if political events will lead to misfires in fulfilling its commitments for fiscal and economic strengthening, as agreed with the International Monetary Fund and the European Commission, agency’s analyst Marko Mrsnik said Thursday.

Romania’s Sept Forex Reserves Up EUR596M, At EUR28.34B

Romanian foreign exchange reserves rose EUR596 million in September to a fresh all-time high of EUR28.339 billion, boosted by the second tranche of the International Monetary Fund loan, the central bank said in a statement Tuesday.

Romanian Liberals To File No-Confidence Motion Against An All PDL Govt

Romanian liberal leader Crin Antonescu said Thursday the liberals will follow the manner in which interim ministers are appointed and their views will “probably be expressed in a no-confidence motion” since “the Government lacks Parliament majority”.

Coalition Collapse Triggers Romanian Leu Depreciation

Romanian leu lost around 1% against the euro in Thursday’s mid-trade after the ruling coalition break-up, despite central bank’s interventions to support the currency, dealers said.

Patriciu: It’s Unfortunate Romania Supports Nuclear Pwr Projects

Supporting the nuclear power projects is an "unfortunate thing," which means Romania still has a socialist-like mentality, businessman Dinu Patriciu said Thursday at the Black Sea Energy and Economic Forum.