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Romania Could Only Be Sanctioned With Lack Of Recognition Of Court Decisions In EU – Min

Romanian justice minister Catalin Predoiu said Monday, regarding a decision of a German Parliament commission, that the only formal sanction that could be imposed on Romania would be to not recognize decisions of Romanian courts in EU states.

Romania’s 1Q Trade Def Dn 60% On Yr To EUR2B

Romania’s trade deficit was at EUR1.99 billion in the first quarter, significantly lower than EUR5.09 billion in the same period a year earlier, the National Statistics Institute reported Monday.

Romanian Court Auxiliary Staff Begin Warning Strike

Clerks, archivists and other members of auxiliary staff in Romanian courts began a warning strike Monday at 10 a.m., stopping all activity for two hours, unhappy because the collective work contract negotiated in December with the Justice Ministry has not been applied.

Trial Of Romanian Ex-Ministers Seres, Nagy At Supreme Court Delayed Until June 29

The trial in which Romania’s former economy minister Codrut Seres and former communications minister Zsolt Nagy are accused of organized crime along four others in a file regarding shady privatizations was put off Monday until June 29, as some of the accused do not have lawyers to represent them.

Romanian Govt To Analyze Decentralization In Education, Agriculture, Culture

The Romanian Government will analyze, within ten days, the draft laws regarding decentralization in Education, Agriculture, Culture and Labor, after laws were approved on Sunday transferring the duties in Health, Police and Sports to local authorities, Prime Minister Emil Boc said.

Romania May Be Denied Over EUR10 Million In EU Funds

Romania may be denied European pre-accession funds worth RON41.9 million (over EUR10 million), granted through PHARE, ISPA and SAPARD, because of delayed auctions, lack of funds for project co-financing and the poor quality of the projects in progress.

Romanian Local Police To Have Duties Regarding Traffic On Public Roads

The Romanian local Police department will encompass the offices of the mayor’s special apparatus, with duties in building inspection, protection of public property, crime fighting, trade and individual registry, but will also have jurisdiction as regards traffic on public roads.

Romanian ArcelorMittal Galati Employees Go On Technical Unemployment Monday

All 11,700 employees of Romanian steel mill ArcelorMittal Galati will take turns to go on technical unemployment, starting Monday and lasting until the end of July, and will be paid 85% of their salary, according to mill director Augustine Kochuparampil.

Romanian Hospitals To Be Managed By Local Authorities As Of 2010

Romanian hospitals and public health offices will be converted to Medical Assistance Offices and transferred to the management of local authorities as of January 1, 2010, through a law package which will enter force on September 1, Health Minister Ion Bazac said.

Romanian PM To Evaluate Effect Of Minimum Tax On Companies

Romanian Prime Minister Emil Boc said Saturday he will evaluate, together with the Finance Ministry, the impact of the minimum tax on companies, as he believes the new tax, which was implemented to fight against fiscal evasion, has not been explained and understood well enough.

No Cases Of New Flu Virus Infection In Romania – Health Minister

Romanian Health Minister Ion Bazac said Saturday in a conference in the city of Pitesti that, at the moment, there are no cases of infection with the new flu virus in Romania, but that alertness must be maintained, because the danger of flu has not passed and the virus spreads very quickly.

Romanian Prime Minister Unfazed By German Parliament Resolution

The Romanian Government knows what needs to be done to reform the justice system, Prime Minister Emil Boc said, referring to a resolution adopted by the German Parliament, which recommends the EU cut aid to Romania, on account of a lacking justice system.

Greater Romania Party Leader Announces Presidential Candidacy

Greater Romania Party (PRM) president Corneliu Vadim Tudor announced Saturday that he will run for President of Romania and, if he wins, he will select suggest Gigi Becali for Prime Minister.

Romanian President Attends Democratic Liberal EP Candidates Inauguration

Romanian President Traian Basescu will take part Saturday in the official announcement of the candidates of the Democratic Liberal Party (PDL) for office in the European Parliament.

Romania Is One Of The US’ Most Dependable Allies – US Secretary Of State

US secretary of state Hillary Clinton said Friday in Washington, after meeting with Romanian Foreign Minister Cristian Diaconescu, that Romania is one of the USA’s most dependable allies and most respected partners, according to a Foreign Ministry statement.

Crin Antonescu Announced Official Liberal Candidate For Romanian Presidency

The Standing Delegation of the Romanian Liberal Party (PNL), assembled Saturday, appointed Party leader Crin Antonescu the Liberal candidate in the presidential elections this fall, with 175-3 votes.

Romania-USA Extradition Treaty Enters Force

The extradition treaty between Romania and the United States, comprising terms meant to streamline bilateral cooperation by simplifying the extradition procedure, has entered force following the Romanian Foreign Minister’s visit to Washington DC and the exchange of ratification instruments.

International Report Notes Problems With Rule Of Law In Romania

The resolution adopted Thursday by the German Parliament (Bundestag), demanding that EU cut aid to Romania, is based on a document by the Human Rights Commission, which noted “concern for the problems remaining in the way of the rule of law.”

Romanian Referees Corpodean And Savaniu Released Under Judicial Control

Romanian referees Sorin Corpodean and Marcel Savaniu, arrested in the refereeing corruption case, have been released Friday afternoon and put under judicial control, on a decision of the Pitesti Court of Appeals.

Romanian National Exam Subject Developers Resigned – Education Min

The two people in charge with developing the national exam subjects for Romanian language and literature, adviser Stan Mihail and director Dumitru Savulescu, resigned Friday after making a mistake in the subjects, according to the Ministry of Education.

Romania’s Min Tax May Be Written Off In Fall – SMEs Min

Romania’s minimum tax is a temporary measure and may be written off in the autumn, the minister for Small and Medium-Sized Enterprises, Commerce and the Business Environment, Constantin Nita, said Friday.

Romania Won’t Increase Scrap Bonus For Old Cars – Environment Min

Romania will not increase the scrap bonus granted to owners of cars older than ten years within the country’s car park renewal program, regardless of car sales, environment minister Nicolae Nemirschi said Friday in a press conference.

Romania Interior Min Clears Out Radars Issue, Vows To Keep Things Under Control

Romania’s interior minister Dan Nica said Friday in eastern city of Galati that fixed radars would no longer be installed by private companies as long as he is at the helm of the Interior Ministry.

Great Britain Sets Harsher Traffic Rules For Foreign Drivers

Foreign drivers who violate traffic rules in Great Britain risk having their cars seized if they fail to pay the fines applied by British police officers, according to new traffic regulations targeting foreign citizens, which have recently come into force.

Romanian Social Democrats Expect 2.5 Million Votes In EP Elections – Party Secretary

Romanian Social Democratic Party (PSD) secretary general Valeriu Zgonea said PSD plans to obtain 2.5 million votes in the elections for the European Parliament, considering the current campaign a “training ground” for the presidential election campaign this fall.

EC Loan To Romania To Be Granted In Max 5 Tranches In 3 Yrs

The European Commission’s EUR5 billion loan approved for Romania will be assigned in maximum 5 tranches during three years and will be reimbursed in 7 years at most, the European officials periodically verifying if the Romanian authorities respect the assumed engagements.

Romanian Taxpayers May Submit 2008 Income Statements Online

Romanian taxpayers may submit online income statements for 2008 as of May 8, on the website of the National Fiscal Administration Agency (ANAF), www.anaf.ro, after they get a qualified digital certificate issued by certification providers.

Romania’s Petrom 1Q Net Profit Down 48% YY, At RON506M

Romania’s largest oil company Petrom (SNP.RO) posted a net profit of 506 million lei (EUR1=RON4.1281) in the first quarter, down 48% compared with RON977 million in the same period a year before, the company said Friday.

Ten Thousand People Expected To Join Protests In Bucharest May 14 – Union Bloc

Nearly ten thousand people are expected Thursday, May 14, to attend the protest march organized by the National Union Bloc (BNS) in capital city Bucharest, union leader Dumitru Costin said Friday.

Rompetrol’s Moldovan Unit Fined For “Illegal Profit” – Press

The Moldova-based unit of Romania’s second-largest oil company Rompetrol Group was fined by the authorities in Kishinev with 20 million Moldovan lei (RON1= MDL0.0003522) for “illegal profit” by exceeding the legal profitability threshold, Moldovan news agency Interlic reported.

Romanian Football Corruption Suspect Marcel Lica Requests Release On Bail

Lawyers of self-suspended vice-president of the Romanian Central Commission of Referees, Marcel Lica, on Thursday submitted to the Arges Court a request for Lica's release on bail, who in custody for 29 days on charges of corruption.

Romanian Gas Prices May Be Cut In Autumn – Econ Min Official

Natural gas prices for Romanian consumers might be cut again in autumn, but such a decision should be carefully analyzed, state secretary with the Economy Ministry, Tudor Serban, stated Thursday.

Romanian Car Mkr Dacia To Start Selling Sandero Stepway Model In Sep

Romanian car maker Dacia will begin in September selling the Sandero Stepway model, the brand’s first ever crossover, presented Thursday in Barcelona, on most of the European markets, while in several states orders could be taken starting the end of June, the company announced Thursday.

Romanian Ctrl Bk Head: Rate Cut Was Needed

Slashing the key monetary policy rate was needed in the current economic context, the National Bank of Romania governor Mugur Isarescu said Thursday.

Peak Of Pressures Upon Leu Is Gone – Romanian Ctrl Bk Gov

The peak of speculative and non-speculative pressures upon the Romanian leu has passed, and the salary and fiscal policies are both much more adequate than in the past period, central bank governor Mugur Isarescu said Thursday.

Nearly Half Of Romanian School Inspectors Will Be New – Education Minister

Romanian Education Minister Ecaterina Andronescu said on Thursday that nearly half of general school inspectors will be replaced, once the Government ordinance on decentralized services enters force.

Romania Should Have Dismissed Ukrainian Diplomats ‘Quietly’ – Off

Romania acted wrongly in publicizing the case of two Ukrainian diplomats who were expelled over alleged involvement in an espionage scandal early this year, as the authorities in Bucharest had to take responsibility for this “unpleasant incident”, Ukrainian MP Boris Tarasiuk said Thursday.

Romanian Bks To First Cut Interest Rates For Deposits, Then For Loans –Ctrl Bker

The Romanian banks will first of all cut the interest rates at deposits and then those at loans, following central bank’s decision to cut the key monetary policy rate, Adrian Vasilescu, advisor of BNR governor said Thursday.

Romanian Ctrl Bk Sets ’10 CPI Target At 3.5%, Same As In ’09

The National Bank of Romania, or BNR, set the 2010 inflation target at 3.5%, with a one percentage point variation band, similar to 2009's target, keeping thus the February working version.

Romanian Ctrl Bk Revises Dn ’09, ’10 Inflation Forecasts

Romanian central bank revised downwards its projection on the annual inflation rate at the end of 2009 to 4.4%, from 4.5% it estimated in February.