English

Romania’s SNLO Sends Over 9,000 Employees On Tech Unemployment For One Mo

11:15, 15 Iun. 2009
Romania’s state-owned brown coal mining company – Societatea Nationala a Lignitului Oltenia, or SNLO, sent on technical unemployment over 9,000 employees between June 15 and July 15, on large existent coal stocks.

Romanian President Plans To Discuss Economic Crisis Issue With Political Leaders -Sources

19:08, 14 Iun. 2009
Romania President Traian Basescu said Sunday he plans to discuss the economic crisis issue, in the upcoming period, not only with ministers, but also with political leaders, considering that economic solutions must be accepted in a general debate at society level, sources close to the matter said.

Another Two AH1N1 Virus Patients Confirmed In Romania, Toll Reaches 16

17:18, 14 Iun. 2009
Romania confirmed Sunday another two infections with the AH1N1 flu virus, taking the number of cases in the country to sixteen.

Romania Canceled, Grouped Or Cut 120 Parafiscal Taxes, Fees So Far – PM

16:45, 14 Iun. 2009
Romanian Prime Minister Emil Boc said Sunday that 102 parafiscal taxes and fees, of a total 491, were canceled, grouped or cut through emergency decrees, government decisions or orders of ministers, adding another 84 taxes will be canceled in its upcoming meeting.

Romanian Govt Sets 5% Downpayment, Limited Interest Rates For “First Home” Program

16:15, 14 Iun. 2009
People contracting loans via the “First Home” program will pay either a 5% downpayment for a house that costs maximum EUR60,000, or EUR3,000 plus the difference of the purchase price, according to the methodological norms enforcing the program, which were adopted in the government meeting Sunday.

Romanian Pres Says Ctrl Bk Must Be Predictable And Gradually Reduce Its Reserves

14:57, 14 Iun. 2009
Romanian President Traian Basescu said Sunday the central bank has reserves of nearly EUR12 billion and owns in lei the equivalent of EUR6 billion, which belong to commercial banks, adding the central bank must keep only 2% in its reserves to allow Romani’s accession to the Eurozone in 2014.

Romanian Pres Asks Ministers Not To Exceed Wage Fund, Dreads Neg Budget Revision Soon

14:07, 14 Iun. 2009
Romanian President Traian Basescu asked ministers, within the government meeting on Sunday, not to exceed the salary fund in order to avoid an "economic and social sideslip," stressing the government is likely to operate a new negative budget revision in August-September.

Basescu: Ctrl Bk’s Optimism On Econ Evolution Is Not Justified, Romania To Enter Recession

13:26, 14 Iun. 2009
Romanian President Traian Basescu told ministers, within the government meeting on Sunday, that the central bank’s optimism about the country’s economic evolution is not at all justified, adding Romania will see a decrease in gross domestic product in the second quarter too and enter recession.

New AH1N1 Virus Patient Confirmed In Romania, Toll Reaches 14

18:59, 13 Iun. 2009
Romania confirmed Saturday a new infection with the AH1N1 flu virus, taking the number of cases in the country to fourteen.

Romanian Agric Ministry Eyes Reducing No. Of Depts To 69 From Current 206 –Min

18:01, 13 Iun. 2009
Romania’s Agriculture Ministry plans to reduce the number of departments in its subordination by 67% to 69, from current 206, and their attributions will be entrusted to divisions newly established within the ministry or taken over by local authorities, agriculture minister Ilie Sarbu said Saturday.

Romanian Min Says Tourism Ministry Allocated Funds For Lifeguards’ Salaries

16:27, 13 Iun. 2009
Romania’s tourism minister Elena Udrea said Saturday in the Black Sea resort of Mamaia that the Tourism Ministry allocated funds needed to pay lifeguards’ salaries and to upgrade lifeguard towers and emergency medical care units on the beach.

Romania Confirms 13th Swine Flu Case

13:14, 13 Iun. 2009
Romania’s Health Ministry on Saturday confirmed a new infection with the AH1N1 flu virus, taking the number of cases in the country to thirteen.

New AH1N1 Virus Patient Confirmed In Romania, Toll Reaches 12

16:40, 12 Iun. 2009
A new case of infection with the AH1N1 virus was confirmed Friday by the Romanian Cantacuzino Institute, namely one person who arrived on June 10 from Canada.

Depeche Mode Won’t Reschedule Gigs Cancelled Over Lead Singer’s Illness

16:07, 12 Iun. 2009
Depeche Mode officially announced the band will not reschedule any of the concerts cancelled in the interval May 12 - June 8, including the gig in Romanian capital city Bucharest that was supposed to take place on May 16.

Ordinance On Early Repeal Of Laws “Casts Shadow” On Code Adoption – Romanian Senate Chairman

14:20, 12 Iun. 2009
Romanian Senate Chairman Mircea Geoana said Friday that the ordinance adopted by the Government on the ability to amend or repeal normative acts before they enter force “casts a shadow” on the assumption of responsibility for the legal Codes.

Romania Govt To Analyze Anti-Swine Flu Strategy June 17

12:46, 12 Iun. 2009
Romania’s integrated strategy to fight the swine flu pandemic will be ready for approval in the government meeting on June 17, the Interior Ministry said Friday.

Black Sea Area Of Vital Interest To Romania – Senate Chairman

12:38, 12 Iun. 2009
Romanian Senate chairman Mircea Geoana said Friday in the in the Parliament assembly on Black Sea Economic Cooperation that the Black Sea area will continue to be of crucial strategic importance and that its development is of vital interest to Romania.

Romanian PM Threatens To Sack Any Emergency Committee Member Skipping Meetings

10:50, 12 Iun. 2009
Members of Romania’s National Committee for Emergencies who fail to attend meetings will be immediately fired and replaced, Romanian Prime Minister Emil Boc said Friday, adding he won’t accept any excuses and acts of indiscipline.

Romanian Transports Ministry Takes Over Agriculture Academy Land For Bucharest Beltway

10:44, 12 Iun. 2009
The Romanian Transports Ministry will take over two plots of land in Tunari commune, Ilfov County, with a total area of over 2,530 sqm, from the Academy for Agricultural and Silvic Sciences, in order to expand Bucharest’s northern beltway to four lanes.

WHO Alert Means New, Perhaps Worse, AH1N1 Virus Cases – Romanian Health Min

20:29, 11 Iun. 2009
Romanian health minister Ion Bazac said Thursday evening that the level six, maximum alert, announcement made by the World Health Organization regarding the AH1N1 virus outbreak means new cases and potentially worse ones, adding the pandemic is currently considered moderate.

Bucharest Falls 55 Places To 187 In World Priciest Expat Cities Survey

18:14, 11 Iun. 2009
Romanian capital Bucharest fell 55 places to 187th in a ranking of most expensive cities in the world for expat workers, according to a survey of human resources company ECA International.

Romanian Labor Min: Payment Of Pensions, Social Benefits Not Endangered

15:27, 11 Iun. 2009
Romanian labor minister Marian Sarbu said Thursday the payment of pensions and social benefits is not all endangered, stressing the country's Finance Ministry will decide on a potential budget revision, if necessary.

Romanian President Congratulates New Romanian MEPs

15:19, 11 Iun. 2009
Romanian president Traian Basescu congratulated Thursday the Romanian elected MEPs and thanked the Central Electoral Office for the manner in which the European Parliament elections were handled.

EXCLUSIVE: Romanian Legislative Council Urges Govt To Reconsider Repealing Acts Before Enforcement

13:37, 11 Iun. 2009
The Romanian Legislative Council has urged the Government to reconsider its proposal that normative acts be amended or repealed before they enter force, explaining that such procedures cannot be found in the laws of other European states and they should be reserved for exceptions, such as the Codes.

Romanian Meteorologists Widen Code Yellow Warning To Include Most Counties

13:29, 11 Iun. 2009
Romanian meteorologists widened the code yellow warning for rains and storm to include almost all Romanian counties and Bucharest, and the warning is valid between Thursday, 15.00 local time, and Friday, 18.00 local time.

Romanian Unionists To Go On Warning Strike On June 12

13:05, 11 Iun. 2009
Romanian unions affiliated with the national union confederation “Cartel Alfa” will go on warning strike Friday, June 12, from 9:00 to 9:15, displeased that the government failed to apply the anti-crisis measures established with social partners in February this year.

Bucharest Court Puts Off Trying Becali’s Appeal Until June 18

11:48, 11 Iun. 2009
The Bucharest Court decided Thursday to put off, until June 18, the trial on the appeal of businessman and politician Gigi Becali to a lower court ruling of June 9 banning the latter from leaving Romania.

Romanian Timisoara FC Fine Annulled By Court Of Arbitration For Sports

11:00, 11 Iun. 2009
The Court of Arbitration for Sport (TAS) in Lausanne, France, announced Thursday on its site that Romanian Timisoara FC will be given back the six points it was fined previously, thus enabling it to take part in the 3rd preliminary tour of the Champions League.

IMF: Romanian Govt Undertook To Revise Pension Laws Until Dec 31

10:55, 11 Iun. 2009
The Romanian Government undertook to revise pension laws until December 31 through measures meant to index pensions to the inflation, limit the scope for discretionary pension increases and gradually adjust the retirement age, particularly for women, according to the IMF agreement.

Romanian Public Sector Wage Law To Be Amended By October 30 Under IMF Agreement

10:25, 11 Iun. 2009
The Romanian Government has pledged to adopt the public sector unitary wage law by October 30, 2009, leaving at least three years for the gradual implementation of the new law, according to Romania’s stand-by agreement with the IMF, published Wednesday.

Romania To Receive Next IMF Loan Tranches In Sep, Dec

10:22, 11 Iun. 2009
Romania may access the next two tranches of the International Monetary Fund stand-by loan in September and December, respectively, according to the Technical Memorandum of Understanding published Wednesday.

IMF To First Review Romania’s Program On Sep 15

10:20, 11 Iun. 2009
The first review of the performance criteria set under the program agreed by Romania with the International Monetary Fund will be set for September 15, based on end-June targets, according to IMF.

Romania To Inform IMF On Monitored Public Cos

10:20, 11 Iun. 2009
Romania’s Ministry of Finance, Ministry of Labor and other pertinent institutions will provide information to the International Monetary Fund (IMF) on monitored public enterprises, including sanctions and dismissals operated if restructuring targets are not observed.

IMF: Romania’s Capacity To Repay Loan Is Strong, But There Are Risks

10:19, 11 Iun. 2009
Romania’s capacity to repay the EUR12.95 billion loan from the International Monetary Fund is expected to be strong, but it depends upon the authorities' commitment to the program and their success in rebalancing the economy, the IMF said late Wednesday.

Romanian Auth To Seek Accord With Bks On Foreign Currency Loans Restructuring

10:18, 11 Iun. 2009
Romanian authorities plan to reach an agreement with commercial banks to facilitate the restructuring of household loans contracted in foreign currency by adjusting the maturity and repayment schedule, including offering the option to voluntarily convert it in Romanian lei.

IMF Imposes Romania Performance Criterion On Budget Deficit

10:17, 11 Iun. 2009
Romania negotiated with the International Monetary Fund a budget deficit target of 24.36 billion lei (EUR1=RON4.1998) in 2009, based on RON166.72 billion revenues, not including EU funds, and RON182.72 billion primary expenditures.

Unirea Urziceni Wins Romanian Football Championship

09:44, 11 Iun. 2009
Unirea Urziceni FC won the Romanian championship Wednesday evening, after a 1-1 score against Steaua Bucharest FC.

Outdoor Shows On Romanian Coast May Take Place After 1 AM, Respecting Noise Limit

20:48, 10 Iun. 2009
Outdoor shows or film broadcasts may take place in open theatres or tents on the beach in Romanian resorts between 1 a.m. and 8 a.m., provided maximum noise limits are respected, according to a Government decision.

Romanian Liberals Threaten No-Confidence Motion Over Codes’ Adoption

20:41, 10 Iun. 2009
Romanian Liberal Party, in opposition, on Wednesday criticized the government’s decision to assume responsibility for the criminal and civil codes in parliament and threatened with a no-confidence motion.

Romanian Govt Starts Procedures To Assume Codes In Parl – Sources

20:09, 10 Iun. 2009
The Romanian Justice Ministry said Wednesday the government has decided to assume responsibility in parliament for the criminal and civil Codes, which together with the draft criminal and civil procedure Codes aim to create a coherent and modern legislative framework.