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Romanian President: We Must Not Abandon Those Who Speak Our Language

18:03, 14 Apr. 2009

Romanian President Traian Basescu said Tuesday, in his address to Parliament, that we must not abandon those who speak our own language, stressing Romania has no intention whatsoever to lay claim to past territories or contest the sovereignty of the Republic of Moldova.

Romanian Fin Min: Govt Negotiated With IMF To Keep Flat Tax, VAT Unchanged

15:22, 14 Apr. 2009

The measures negotiated by the Romanian Government with the International Monetary Fund allowed the keeping of the main taxes at their current level, Finance Minister Gheorghe Pogea said Tuesday.

Restructuring At Railroad Cos To Cause Social Disturbance – Transport Min

15:20, 14 Apr. 2009

The staff in state-owned railroad companies is oversized and receives high pay, which is why in the next two-three weeks there will be some changes that will cause social disturbance, Romanian transport and infrastructure minister Radu Berceanu said Tuesday.

Romanian Stock Mkt Regulator Bans SSIF Broker Heads From Operating Capital Mkt For Up To 5-Yrs

15:14, 14 Apr. 2009

Romania's Securities Commission CNVM suspended for two weeks the operations of brokerage company SSIF Broker Cluj-Napoca (BRK.RO) and banned its general manager Petru Prunea, and deputy general manager Adrian Ceuca from operating on the capital market for a five and three years, respectively.

Romanian Liberals To Call For No-confidence Vote Over Budget Revision

15:07, 14 Apr. 2009

The president of Romania’s opposition Liberal Party, Crin Antonescu, said Tuesday that liberals decided in the execute council meeting to call for a no-confidence vote in Parliament against the government over the budget revision it operated over the weekend.

Bucharest’s Old Apartment Prices Down An Average 15% M-M In March- Colliers

14:27, 14 Apr. 2009

Prices of old apartments in Romania’s capital city Bucharest lowered an average 15% on the month in March, while prices of new apartments remained unchanged, according to a survey conducted by real estate consultancy firm Colliers International.

Romania’s Unitary Pay Law Ready By Oct 1 – Fin Min

14:01, 14 Apr. 2009

The Romanian government pledged at negotiations with the International Monetary Fund (IMF) to complete the legislation on the single and unitary salary by October 1, while the law on public pension system is due for completion by yearend, Finance Minister Gheorghe Pogea said Tuesday.

Romania’s 1Q Budget Deficit At 1.56% Of GDP – Fin Min

12:53, 14 Apr. 2009

Romanian consolidated budget posted after the first three months of the year a deficit of 8.29 billion lei (EUR1=RON4.1263), or 1.56% of the gross domestic product, Finance Minister Gheorghe Pogea told a news conference Tuesday.

Romanian Fin Min Sees Curr Acct Gap Shrinking To 7.5% Of GDP

12:45, 14 Apr. 2009

Romania's revised budget sees the current account deficit shrinking to 7.5% of the gross domestic product at the end of 2009, from more than 12% of the GDP in 2008, Finance Minister Gheorghe Pogea said Tuesday.

Romanian Jan-Feb FDI At EUR1.37B, Up 38% On Yr

12:44, 14 Apr. 2009

Foreign direct investments, or FDI, in Romania rose 38% on the year to EUR1.37 billion in the first two months of 2009, the central bank said Tuesday.

Hungary Shoots Documentary On The Killing Of Romanian Handball Player Marian Cozma

12:42, 14 Apr. 2009

A documentary about the murder of Romanian handball player Marian Cozma is being shot in Hungary and will be screened at the end of April in Budapest, Hungary, The Budapest Times reported.

Romanian Govt Decides To Recall Five Consuls

11:41, 14 Apr. 2009

The Romanian government approved a decision recalling Romania’s consul in Turin, Italy, Iulia Buje, who said in February that Italian interior minister Roberto Maroni called the consular offices several times in 1998-2000 to intervene in favor of Romanians working illegally.

Romanian Arges Football Club Owner Arrested On Bribery Charges

11:30, 14 Apr. 2009

The Arges Court, southern Romania, ruled Tuesday to place Arges football club owner Cornel Penescu under arrest for 29 days, alongside Gheorghe Constantin, head of the Central Commission of Referees, and other two officials in Arges, on bribery charges involving several football matches.

Romanian President Rejects Ties To Former PM Prosecution

20:47, 13 Apr. 2009

Romanian President Traian Basescu on Monday dismissed allegations of having ordered arrests while in office and said the legal action against former premier Adrian Nastase started after his fellow party members “ratted him out.”

Romania Ex-Environ Min Wants New Law To Regulate Danube Delta Bio Reserve

20:27, 13 Apr. 2009

Romanian former environment minister, democrat liberal Deputy Sulfina Barbu, has presented a proposal to amend the law on Danube Delta’s Biosphere reservation, aiming to increase fines and clarify the reservation patrimony’s situation.

Romanian Govt Mulls Granting EUR1.5B State Guarantees

18:49, 13 Apr. 2009

Romania’s Government will grant state guarantees totaling more than EUR1.5 billion, mainly to companies in auto industry, energy sector, and petrochemical industry or to dwelling builders, government sources told MEDIAFAX Monday.

Romanian Railway Cos May Be Exempted From Paying Fuel Excise

18:48, 13 Apr. 2009

Romania’s railway companies may be exempted from the payment of fuel excise, in view of ensuring a balance on the transport market, through re-launching the railway transport, according to the European Union requirements, Ministry of Transport proposed in a draft law.

Romanian SMEs Can Apply For EU Funds For Prod Investments As Of May

16:43, 13 Apr. 2009

Romania’s Ministry for Small and Medium Sized Enterprises launched for debate the applicant’s guides for European Union funds targeting investments in production, based on a budget of EUR180 million, allowing small and medium firms to apply for funds as of May.

Romanian Allegedly Bribed Referees Subject To Phone Tapping Since Late ‘08- Sources

15:04, 13 Apr. 2009

Several referees, among whom the referees targeted in the bribery case involving Romanian Arges football club owner Cornel Penescu, have been subject to phone tapping since late 2008, which allowed prosecutors to conclude the aforementioned were involved in corruption acts to favor Penescu’s team.

Romanian Tour Cos Launch New Edition Of ‘A Week At The Seaside’ Progr

14:58, 13 Apr. 2009

Romanian Tourism Employers Federation, or FPTR, has launched a new edition of the low-cost program “A week at the seaside”, meant to promote local tourism, FPTR said in a statement Tuesday.

Five Dolphins Found Dead In Two Days On Romanian Seaside Beaches

14:51, 13 Apr. 2009

Five dolphins were found dead in the past two days on the Romanian seaside beaches, in the town of Mangalia.

Romanian Football Club Owner, Referees Detained For Alleged Bribery

13:40, 13 Apr. 2009

Romanian Arges football club owner, Cornel Penescu, alongside other referees were detained Monday for 24 hours for alleged bribery, sources close to the matter said Monday.

Moldovan President Says Romania Cannot Discard Expansionist Plans

13:35, 13 Apr. 2009

Moldovan president Vladimir Voronin said Romania cannot discard its expansionist plans and doesn’t understand it is a member of the European Union and needs to observe certain rules and refuses to sign the border treaty, Spanish Paper El Pais reported Monday in its online edition.

Moldovan President Says Serbians, Romanian Security Agents Behind Violent Protests In Chisinau

12:50, 13 Apr. 2009

Nine Serbians and agents of security services in Romania staged the violent protests of April 7 in the Moldovan capital of Chisinau, Moldovan president Vladimir Voronin said in an interview for Spanish paper El Pais, published in its online edition Monday.

Romania’s Education Sector Won’t See Lower Wages, Layoffs Following Budget Revision

12:48, 13 Apr. 2009

Leaders of Romania’s governing coalition discussed Monday the situation in the country’s education sector following a budget revision approved Saturday and decided wages in education wouldn’t be decreased and people wouldn’t be laid off.

Romanian Clerks Picket Justice Ministry Headquarters

12:19, 13 Apr. 2009

Around 400 members of the Romanian “Projust” workers’ union picketed on Monday the headquarters of the Justice Ministry, unhappy with the draft law on the wages of court auxiliary staff.

NGOs Sue Romanian Govt Over Adoption Of Draft Criminal, Civil Codes

12:02, 13 Apr. 2009

Romanian NGOs assembled in the coalition "Stop the codes!" sued the Government and Ministry of Justice Monday and accused them of breaching the law of transparency in their adoption of the draft Criminal and Civil Codes.

Bucharest Court To Try Requests For Temporary Release In Kidnapping File Tuesday

11:56, 13 Apr. 2009

Judges of Bucharest District 1 courthouse will try Tuesday the requests for temporary release filed by the lawyers of Steaua football club owner Gigi Becali and his four bodyguards, after the court previously decided to keep them in custody for 29 days on kidnapping charges.

Romanian Anticorruption Prosecutors Probe Arges Football Club Owner

10:53, 13 Apr. 2009

Prosecutors of the local anticorruption department in Arges County, southern Romania, on Monday searched the home of Arges football club owner, Cornel Penescu, and the club headquarters, sources close to the matter said Monday.

Romania Supreme Court Resumes Debates On Bankrupt Fund File

10:27, 13 Apr. 2009

Romania’s Supreme Court resumed debates Monday on the case involving the country’s former National Investment Fund, or FNI, which went bankrupt in 2000, after judges previously warned they would try the case regardless of the legal status of culprits.