English

President Says Romania Assumes Its Past At Holocaust Memorial’s Inauguration

15:27, 08 Oct. 2009
Romania’s President Traian Basescu said Thursday, during the inauguration of the holocaust’s victims Memorial, the country assumes its past and is determined to bring to light its real history.

EC Scolds 21 EU Members Over Failed Railway Reforms

15:18, 08 Oct. 2009
The European Commission sent Thursday letters to 21 member states, Romania included, regarding their failure to open the railway transport markets and provide an adequate competition environment.

EC Brings Romania To ECJ Over Failed Wild Bird Protection Measures

15:01, 08 Oct. 2009
The European Commission decided Thursday to bring Romania before the European Court of Justice for failing, on countless occasions, to provide adequate protection for wild birds, because an insufficient number of protection areas were designated since accession.

Romanian-Born German Writer Herta Muller Gets 2009 Nobel Prize For Literature

14:37, 08 Oct. 2009
The 2009 Nobel Prize for literature will be awarded to Romanian-born German writer Herta Muller, the Nobel committee announced Thursday on the prestigious prizes’ website, nobelprize.org.

Mugur Isarescu Reappointed Romania’s Ctrl Bk Governor

14:34, 08 Oct. 2009
Romanian parliament on Thursday reappointed central bank governor Mugur Isarescu for a new five-year term in office.

Romania Ctrl Bk Makes Euro Adoption Top Priority – Governor

14:21, 08 Oct. 2009
Romanian central bank’s main objective is to join the eurozone in 2014-2015, governor Mugur Isarescu said ahead of a parliament vote on the bank’s new Board structure Thursday.

IMF Publishes Romania’s Additional Letter Of Intent To EUR13B Loan

12:53, 08 Oct. 2009
The International Monetary Fund on Wednesday made public the additional letter of intent of the Romanian Government to the EUR12.95 billion two-year standby agreement the eastern European country secured in spring.

Romanian Petrom Hikes Fuel Prices By RON0.03 Per Liter

12:37, 08 Oct. 2009
Romania’s largest oil company Petrom SA (SNP.RO) Thursday rose its gasoline and diesel oil prices by 0.03 lei (EUR1=RON4.2673) per liter, on higher international crude oil quotations, the company said in a statement.

Unirii Area Has Bucharest’s Most Expensive Old Flats – MagazinulDeCase.ro

12:23, 08 Oct. 2009
The most expensive old flats in Romania’s capital city Bucharest, according to the average trading price per square meter, are located in Unirea, Cotroceni and Victoria areas, according to a survey by MagazinulDeCase.ro which did not include Herastrau, Primaverii, Casin and Ferentari neighborhoods.

Romanian PM Says Govt’s Pension Bill Helps Save EUR800M Annually

12:07, 08 Oct. 2009
Romanian Prime Minister Emil Boc said Thursday the recalculation of special pensions would translate into savings of EUR500 to 800 million annually, adding social democrats and liberals, who oppose the government’s pension bill are depriving the state budget of this money.

Romanian PM Calls On Unions To Halt Protests Until After Presidential Elections

11:58, 08 Oct. 2009
Romanian Prime Minister Emil Boc on Thursday urged unionists in the public sector to act responsibly in the fallout of the upcoming election campaign and suspend protests until after the presidential elections due on November 22 and December 6.

Romanian Democrat Liberals Leave Parliament Meeting On No-Confidence Motion

11:26, 08 Oct. 2009
Romania’s democrat liberal lawmakers left Thursday the plenary Parliament meeting for the reading of the opposition’s no-confidence motion seeking to overthrow the democrat liberal minority government less than two months before presidential elections due on November 22.

Romania’s Govt OKs Bucharest International Airports Merger

20:48, 07 Oct. 2009
Romania’s Government approved Wednesday the merger of Bucharest's Otopeni Henri Coanda and Baneasa Aurel Vlaicu international airports in order to set up the National Airport Company, people close to the matter told MEDIAFAX.

Automated Check-In Process At Romanian Airport Otopeni Was Resumed

19:23, 07 Oct. 2009
The automated check-in process at the Romanian Airport Otopeni was resumed after the problems that were affecting the international aeronautic telecommunication system were solved, spokesperson of the airport Valentin Iordache said Wednesday.

Coca-Cola HBC Opens Cogeneration Pwr Plant In S Romania

16:30, 07 Oct. 2009
Coca-Cola Hellenic Bottling Company (HBC) announced Wednesday the inauguration of a combined heat and electricity plant in southern Romanian city of Ploiesti, the first out of 15 such cogeneration units that are to be built in the company's bottling facilities.

Air France Plane Emergency Lands In Romanian Airport After Passenger Dies

15:50, 07 Oct. 2009
An Air France Boeing 777 made an emergency landing on Romanian Airport Henri Coanda Tuesday night after an 85 year-old passenger died of a heart attack, airport spokesman Valentin Iordache said Wednesday.

Thousands Of Romanian Public Sector Workers Rallied Outside Govt Wednesday

15:46, 07 Oct. 2009
About 12,000 public sector workers from all over the country rallied Wednesday outside the Romanian government demanding country leaders do something to ensure their higher pay, job stability and decent pensions.

Romanian Constitutional Court Overrides Decentralized Institution Management Law

15:20, 07 Oct. 2009
Romania's Constitutional Court Wednesday dubbed unconstitutional, with a majority of votes, the law approving Government Emergency Ordinance 37/2009, enacted on June 23, which enabled the political appointment of people at the helms of the country's decentralized state institutions.

Romanian Social Democrats Vote To Overthrow Fmr Coalition Partners’ Govt Next Week

14:47, 07 Oct. 2009
Romania’s Social Democratic Party leader, Mircea Geoana, whose party left the governing coalition last week, said Wednesday social democrats will back the liberals and Hungarian minority party’s no-confidence motion next Tuesday.

Romanian Parl Moves Govt’s Conf Vote Request For Wed But Sets No-Confidence Motion Vote For Tues

14:06, 07 Oct. 2009
Romania’s Parliament postponed for next Wednesday a decision on the government’s request for a confidence vote to enact an IMF-required pension law, but a vote on a no-confidence motion seeking to overthrow the government was set for Tuesday, people close to the matter told MEDIAFAX Wednesday.

Romania 2Q GDP Sees 6th Largest Annual Decline In EU

14:05, 07 Oct. 2009
Romania recorded the sixth biggest quarterly economic fall in the European Union in the April-June period, while the EU's average GDP fell 4.9% year-on-year, according to revised data released Wednesday.

Romania Transplant Auth Urges Health Min To Scarp Ban On Assisted Human Reproduction

13:59, 07 Oct. 2009
Romania’s National Transplant Agency (ANT) on Wednesday proposed the country’s Health Ministry to amend the order recently issued by former Health Minister Ion Bazac that bans paid in-vitro fertilization and artificial insemination procedures.

Romania’s Registration Tax On Euro 4 Cars To Turn Buyers To Second-Hand Car Market

13:46, 07 Oct. 2009
Romanian car buyers will turn to the second-hand car market after the registration tax will also apply to Euro 4 new cars with engine capacities of less than 2,000 cubic centimeters, chief of dealership AutoItalia Cristi Milea said Wednesday.

Romania Train Ticket Sales Dn 14% On Yr In August

13:11, 07 Oct. 2009
Romania’s state-owned passenger railway company CFR Calatori reported a 14% decrease in ticket sale revenues in August compared with August last year, while subsidies accounted for 35% of ticket prices, company general manager Razvan Stoica said Wednesday.

Nearly 8,000 Romanian Workers, Unemployed, Pensioners, Students Protest At Govt HQ

12:06, 07 Oct. 2009
Nearly 8,000 workers, unemployed, pensioners and university students from all over the country rallied Wednesday morning at the Government headquarters, demanding higher pay, job stability and decent pensions.

Romania Bans Paid In-Vitro Fertilization, Artificial Insemination Procedures

11:13, 07 Oct. 2009
Romania’s former Health Minister Ion Bazac signed on September 23 an order banning paid in-vitro fertilization and artificial insemination and setting that assisted reproduction procedures fall in the category of human egg trafficking.

Romania Strongly Relies On Country’s New Pension Law To Pay Public Pensions- PM

10:08, 07 Oct. 2009
Romania will no longer be able to ensure funds from the social security budget to pay public pensions if the pension law is not enacted, Prime Minister Emil Boc said Tuesday on B1 TV.

Romanian Ctrl Bk Governor Gets Unanimous Vote For New Term

09:55, 07 Oct. 2009
Romanian Parliament's budget committees late Tuesday voted unanimously in favor of reappointing Mugur Isarescu as governor of the central bank BNR, subject to parliament approval.

Romanian Car Tax To Apply To Euro 4 Cars Come Dec 15, ‘09

20:09, 06 Oct. 2009
The normative act through which the registration tax for Euro 4 cars was suspended will not be renewable, thus, after the expiration of the norm, owners of cars with the Euro 4 pollution norm will pay the registration tax.

Romania 9-Mo Budget Deficit At 5% Of GDP – Fin Min

19:48, 06 Oct. 2009
Romania’s budget deficit was of 5% of the gross domestic product after the first nine months, below the cap agreed with the International Monetary Fund for this period, of 5.4% of the GDP, Finance Minister Gheorghe Pogea said Tuesday.

Romanian Leu’s Depreciation Bodes Ill On Economy – Ctrl Bkr

19:39, 06 Oct. 2009
A further depreciation of the Romanian leu is “unnecessary and bad” for the economy, as significant declines may lead to a surplus of the current account, central bank’s governor Mugur Isarescu said Tuesday.

Romania Ctrl Bk Gov Sees Annual Inflation Well Below 5% In Sept

18:13, 06 Oct. 2009
Romania’s annual inflation rate dropped well below 5% in September and is expected to reach around 4% by yearend, central bank’s governor Mugur Isarescu said Tuesday.

Liberals Propose Bogdan Olteanu As Romanian Ctrl Bk Deputy Governor

17:18, 06 Oct. 2009
The Romanian Liberal Party PNL sustains Bogdan Olteanu, the vice-chairman of the Chamber of Deputies, for the position of deputy governor of the central bank BNR, liberal MP Eugen Nicolaescu told MEDIAFAX on Tuesday.

Romanian Finance Ministry Allots RON1.8B For Farmer Subsidy Advance

16:32, 06 Oct. 2009
The Romanian Ministry of Finance approved Tuesday the allotting of 1.8 billion lei (EUR1=RON4.2619) to the Ministry of Agriculture, to finance the 70% advance meant for farmers within the support scheme offering single payments on surface in 2009, said interim Agriculture Minister Radu Berceanu.

Romanian Liberals Submit No-Confidence Motion To Overthrow Democrat Liberal Minority Govt

15:31, 06 Oct. 2009
Romanian liberals, in opposition, submitted Tuesday at the Chamber of Deputies speaker’s office a no-confidence motion to overthrow the country’s all-democrat liberal government, which lacks parliament majority since social democrats switched to opposition.

European Electronic Toll Service To Be Available Within 3-5 Years

15:23, 06 Oct. 2009
The European Commission established Tuesday, through a decision, the main requirements and technical specifications needed to launch the European Electronic Toll Service (EETS), which will enable drivers to pay tolls throughout the EU in three to five years.

Romania Economic Outlook Improves For 2nd Month In Sept – Survey

14:58, 06 Oct. 2009
Romanian economic outlook for the next six months improved in September, but analyst expectations regarding economic development remain negative, a Erste/ZEW survey showed.

Romanian Lawmakers Meet To Analyze No-Confidence Motion To Oust Govt

14:11, 06 Oct. 2009
Romanian Senate Chairman Mircea Geoana announced Tuesday the two chambers of Parliament meet to discuss the no-confidence motion to oust the all-democrat liberal Government, adding he is confident the motion will be submitted in the Parliament today.

Fin Min Admits Romania May Increase VAT Rate In ‘10

13:57, 06 Oct. 2009
Romania may increase the value added tax rate as of next year, from the current 19%, to ensure a budget deficit of 5.9% of the gross domestic product, as agreed with the International Monetary Fund, Finance Minister Gheorghe Pogea said Tuesday.

Romania’s Transport Min Has Money To Pay Railway Employees’ Wages For 2009

13:12, 06 Oct. 2009
Romania’s Transport Ministry has the money it needs to pay the railway employees' wages for 2009, deputy secretary of state within the Transport Ministry Constantin Axinia said Tuesday.