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Romania’s Schengen Area, Eurozone Accession Conditioned By EC Justice Report

13:16, 04 Iun. 2009
Romania still risks sanctions from the European Commission over its justice system, which, according to procedure, can entail the suspension of the country’s voting rights in the Council, amid a growing tendency to condition Romania’s Schengen area and Eurozone accession by the EC justice report.

Bucharest Court Sentences Ex-Min’s Husband To Suspended Jail Term For Corruption

11:57, 04 Iun. 2009
The Bucharest Court of Appeals on Thursday sentenced the husband of former Minister of European Integration to two-and-a-half years suspended prison for embezzlement of some EUR150,000 EU funding.

Romanian Pres Not Happy With Banks’ Activity

11:28, 04 Iun. 2009
Romania’s president Traian Basescu said late Wednesday the banks’ reaction is not satisfactory and correct, adding he awaits “dynamism and courage” and also lower interest rates.

Romania’s April Net Salary Up 0.4% M-M To RON1,408

11:10, 04 Iun. 2009
Romania's net average salary in April was at 1,408 lei (EUR1=RON4.1928), up 0.4% compared with RON1,402 in the previous month, the National Institute for Statistics, or INS, said Thursday.

Romanian Troops End Mission In Iraq

10:05, 04 Iun. 2009
Romanian President Traian Basescu arrived Thursday in Talil, Iraq, to attend the ceremony marking the end of missions for Romanian troops in the country.

Romanian PM Deems „First House” Program Operational As Of Jun 20

19:38, 03 Iun. 2009
Romanian citizens that do not own a home and have never taken a mortgage loan will benefit, as of June 20, from the state guarantee for a loan to acquire their first dwelling, no matter the applicant’s age, Prime Minister Emil Boc said Wednesday.

Romanian Govt Extends Car Scrap Program

19:37, 03 Iun. 2009
Romanian government on Wednesday decided to expand the country’s car scrap program by including light commercial vehicles up to 3.5 tons and lifting number restrictions for car purchased by individuals, Prime Minister Emil Boc said.

Romania Govt To Assume Criminal, Civic Codes In Parliament – PM

19:05, 03 Iun. 2009
Romanian government is to assume responsibilities for the criminal and civil Codes following a new meeting of the governing coalition next week and a final meet with representatives of the civil society, Prime Minister Emil Boc said Wednesday.

Inquiry Com Calls For Dismissal Of Romania Integrity Agency Chief

18:41, 03 Iun. 2009
The inquiry commission of Romania’s Integrity Council (CNI), a representative body overseeing the activity of the National Integrity Agency (ANI), on Wednesday said will request the dismissal of ANI president Alexandru-Catalin Macovei, following evidence of conflict of interest.

Interest Rate In “First House” Should Be At Least 1 Pps Above Romanian Treasuries’ Yield

18:26, 03 Iun. 2009
The interest rate for the "First House" program should be as low as possible so that the clients qualify for the loans, but it should be at least one percentage point above the interest rate the Romanian state pays, Raiffeisen Bank Romania’s president Steven van Groningen said.

„First House” Program Should Aim At New Constructions – Romanian ACC Producers

18:22, 03 Iun. 2009
Romania’s “First House” program should aim at new constructions, started in 2009, and it should also finance the own building, according to the autoclaved concrete ACC producers’ association.

Romania Online Advertising Mkt Up 70% On Yr In ’08, To RON72.5M – Study

16:53, 03 Iun. 2009
Romania’s online advertising market increased 70% in 20008, to 72.41 million lei (EUR1=RON4.1928) from RON42.6 million in 2007, according to the latest edition of Romanian Online Advertising Study (ROADS) drafted by IAB Romania and PwC Romania.

Romanians To Benefit From Free Wi-Fi Access In 345 New Hotspots Countrywide

16:11, 03 Iun. 2009
Romanian citizens will benefit by end August from free wireless access to Internet in some 345 new hotspots nationwide, following a government program in partnership with local authorities, Prime Minister Emil Boc said Wednesday.

Romanian Lifeguards Threaten To Stop Work Citing Unpaid Wages

16:02, 03 Iun. 2009
Romanian lifeguards in the Black Sea resort of Mamaia will no longer attempt to rescue people in danger of drowning, as they have not received their pay from the Government, National Lifeguards’ Association vice-president Adrian Rapa said in a press conference on Wednesday.

Romanian State Guarantee System For „First Home” Program To Be Simplified – PM

15:41, 03 Iun. 2009
The Romanian state guarantee system for the “First Home” program will be simplified so that the procedures can only be unrolled through the SMEs National Guarantee Fund and the Finance Ministry, Prime Minister Emil Boc said Wednesday.

Romanian Tourism Ministry Mulls Paying Travel Agencies EUR2 Per Foreign Tourist

14:45, 03 Iun. 2009
The Romanian Tourism Ministry plans to introduce, either this year or the next, the so-called “incoming tax”, granting bonuses to tourism agencies for each foreign tourist they bring to Romania, tourism minister Elena Udrea said Wednesday.

Romanian Ex-Fund Manager Maria Vlas Sentenced To Eight Yrs In Prison- Court

14:43, 03 Iun. 2009
The Bucharest Court of Appeals on Wednesday upheld a lower court ruling that previously sentenced Ioana Maria Vlas to eight years in prison in the collapse of the National Accumulation Fund, or FNA, but the decision of the appeals court can be challenged.

EXCLUSIVE: Isarescu Intends To Get A New Mandate As Romanian Ctrl Bk Governor

14:28, 03 Iun. 2009
The National Bank of Romania governor Mugur Isarescu told MEDIAFAX he is interested in obtaining a new mandate to head the central bank, a position he has filled for the past 19 years.

TI: Romanian Govt Efforts To Fight Corruption ‘Ineffective’

14:25, 03 Iun. 2009
More than half of Romanians believe government’s actions against corruption are ineffective, Berlin-based watchdog Transparency International (TI) said Wednesday.

Massive Storm Hits 15 Romanian Counties, Bucharest

13:44, 03 Iun. 2009
Romanian deputy prime minister Dan Nica said Wednesday that, following the storm on Tuesday, there were floods in 15 counties and Bucharest, 140 households in 44 localities, as well as 600 hectares of crops, and five national roads were damaged.

Romanian Bks Offer Rates Up To 14% For Euro, Up To 23% For RON On „First Home” Loans – Sources

13:24, 03 Iun. 2009
More than 20 banks filed indicative offers on their effective annual interest rate, or AER, for the “First Home” program, varying between 5.5% and 14% for euro-denominated loans, and between 13% and 23% for Romanian leu-denominated loans, government sources told MEDIAFAX.

Romanian Social Democrats To Analyze Ruling Coalition After EP Elections – Party VP

12:58, 03 Iun. 2009
Romanian social democrats, part of the country’s ruling coalition, will analyze how the coalition with democrat liberals is working after elections for the European Parliament, Social Democratic Party vice-president Liviu Dragnea told MEDIAFAX Wednesday.

Thirteen Romanian Counties Affected By Tuesday Night Storm

10:57, 03 Iun. 2009
Forty localities in 13 Romanian counties have been affected by the storm Tuesday night, with the most damage in the counties of Neamt, Valcea and Braila.

Romania’s Petrom Starts Building Pwr Plant In Brazi In EUR500M Invest

10:29, 03 Iun. 2009
Romania’s dominant oil company Petrom (SNP.RO) began construction works at its gas-fueled electricity plant in Brazi, in the southern county of Prahova, in an investment estimated at EUR500 million, the company announced Wednesday.

President Basescu: I Reconfirmed Romania’s Support For Two-State Solution, Israel And Palestine

09:52, 03 Iun. 2009
Romanian President Traian Basescu said Tuesday evening, when he returned to Romania after a three-day official visit to Israel, that he reconfirmed Romania’s support for the peaceful two-state solution, Israel and Palestine, "living side by side in peace and security."

Violent Storm Floods Streets, Fells Trees In Romanian Capital Bucharest

09:06, 03 Iun. 2009
Several streets in Romania’s capital city Bucharest were flooded Tuesday evening during a violent storm that also fell trees and broke people’s windows.

Bucharest Local Authorities In Districts 1,2 Get Green Light For Cable Car Proj

20:34, 02 Iun. 2009
Bucharest councilors approved on Tuesday the draft decision on the partnership of the Local Councils of districts 1 and 2 to execute the cable car project and to outfit the series of lakes on Colentina river, which will be the car’s route.

New Swine Flu Suspicion In Romania

20:02, 02 Iun. 2009
A 19-year-old teenager who arrived from New York recently was admitted to the infectious diseases hospital in Cluj, northeast Romania, with swine flu-like symptoms, health ministry officials said Tuesday.

Romanian President To Meet Bankers On Wednesday – Sources

19:00, 02 Iun. 2009
Romanian President Traian Basescu will meet on Wednesday with representatives of the central bank, of the Romanian Association of Banks and of major banks on the market, official sources told MEDIAFAX Tuesday.

Romanian Education Unions Call For Pay Raise Law To Be Applied

16:42, 02 Iun. 2009
Romanian education unions threaten to call on the International Labor Organization and European Court of Human Rights if Law 221/2008, increasing their income by 50%, is not applied.

Romanian Decree Blocking Teachers’ 50% Pay Raise Deemed Unconstitutional – Court

16:20, 02 Iun. 2009
Romania’s Constitutional Court decided Tuesday that the provisions of Government Emergency Ordinance 151/2008 regarding wage hikes for teachers, which blocked the 50% pay raise for teachers, are unconstitutional.

Romanian Mefin To Send Its Employees On Technical Unemployment As Of Jun 2

16:14, 02 Iun. 2009
Romanian car parts maker Mefin Sinaia (MEF.RO) decided to send all its 508 employees on technical unemployment between June 2 and July 1, after it scrapped last week the layoff decision announced mid-May, the company said Tuesday.

Romanian Govt Received 16 Bks’ Ok To Join „First Home” Program

16:09, 02 Iun. 2009
The Romanian Government received answers from 16 banks that want to join the “First Home” program, which is due to start by early July, Prime Minister Emil Boc said Tuesday.

Apple Distributor In Romania Sees ’09 Sales Up By 20%

15:16, 02 Iun. 2009
Integrated Romanian Information Systems IRIS, the distributor of Apple products in Romania, sees a 10% or 20% sales hike in 2009, from the previous EUR13 million sales estimated for 2008.

S Romania Judges Allow Bail For Another Football Corruption Suspect

15:14, 02 Iun. 2009
The Arges Court, southern Romania, allowed Tuesday the release on bail of Gheorghe Constantin, former head of the Central Commission of Referees (CCA), but anticorruption prosecutors immediately challenged the decision and the appeal will be tried in the Pitesti Court of Appeals.

Romanian Liberal MP Questions Ballot Printing Contract Attribution

14:55, 02 Iun. 2009
Romanian liberal MP Horea Uioreanu accused the Government of having attributed, to a company close to the social democrats, the printing of voting ballots in the EP elections, without having organized an auction.

Romania Extends Flood Advisory To 21 Counties

14:48, 02 Iun. 2009
Heavy rains of up to 50 liters per square meters expected throughout Romania have prompted hydrologists to issue a flood advisory for 21 counties from Tuesday afternoon until Wednesday afternoon.

Romanian Ruling Coalition Protocol Could Break After EP Elections- Senator

14:23, 02 Iun. 2009
Romanian social democrat senator Alexandru Mazare said Tuesday that several party branches in the country wish to break the protocol signed with ruling coalition partners democrat liberals and a decision in this respect will be made after EP elections.

EC Calls For Romania’s Support In Finding A Swine Flu Vaccine

14:04, 02 Iun. 2009
The European Commission has called for Romania’s support in finding a vaccine against the new H1N1 flu virus, the Health Ministry said Tuesday.

S Romania Judges Allow Bail For Football Corruption Suspect Liviu Facaleata

13:32, 02 Iun. 2009
The Arges Court (S Romania) allowed Tuesday, the release on bail of Pic store manager Liviu Facaleata, after his family put up his 20,000 lei (EUR1 = RON4.1817) bail.