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Head Of Romanian Bk Assoc Sees „First Home” Program As First Step To Lending Revival

14:09, 27 Mai 2009
The “First Home” program is a first step to lending revival and will also support housing constructions and re-launch the activity of hundreds of real estate agencies, Romanian Banks Association ARB president Radu Ghetea said Wednesday.

South Stream Proj, A “Bluff” With No Chances To Succeed – Analyst

13:26, 27 Mai 2009
Gas pipeline project South Stream, promoted by Gazprom, is a "bluff" with no chances to succeed, as it lacks funds and gas resources, unlike Nabucco project, which has better perspectives, Vladimir Socor, analyst of US Foundation Jamestown, said Wednesday at the Europe-Russia economic forum.

Romanian Car Services Accuse Insurer Omniasig Of Illegal Contract Clauses

13:11, 27 Mai 2009
Romania’s Association of Independent Car Services (ASSAI) notified the country’s insurance watchdog, competition authority and financial guard Wednesday over allegedly illegal contract clauses used by insurer Omniasig.

Romania Health Min Says Novel Influenza Virus Cannot Be Treated In Outpatient Setting

12:48, 27 Mai 2009
Romania’s health minister Ion Bazac said Wednesday the novel influenza virus AH1N1 cannot be treated in outpatient setting and stressed that people with symptoms of influenza must go to an infectious diseases hospital immediately.

Analyst: Romania’s Margineni Gas Storage Unit More Likely To Be Built, In Line With Russian Strategy

12:44, 27 Mai 2009
The construction of the gas storage facility in Margineni, eastern Romania, has now more chances to be realized than in the past, as the project is in line with Russia’s strategy of developing such units abroad, Wednesday said analyst Vladimir Socor during the Europe-Russia economic forum.

Light Road Accidents In Romania May Be Solved Amicably As Of July

12:27, 27 Mai 2009
The amicable resolution of light road accidents will be enforced as of July 1, as an alternative to the current procedure, which compels drivers to go to Police headquarters and be issued a report, Romanian Insurance Supervision Commission (CSA) president Angela Toncescu said Wednesday.

Romania’s Interior Ministry Avg Pension At RON1,775, Only One Pension Tops RON10,000

12:06, 27 Mai 2009
Romania’s Interior Ministry average pension amounts to 1,775 lei (EUR1=RON4.1811) and only one pension, set through court ruling, exceeds RON10,000.

Romania Confirms First Swine Flu Case

11:46, 27 Mai 2009
Romania confirmed Wednesday the first case of the novel influenza virus at a woman who recently returned from the United States and is now committed to the infectious diseases hospital ‘Matei Bals’ in capital city Bucharest.

Earthquake With 4 Richter Magnitude Felt Wednesday Morning In E Romania

10:38, 27 Mai 2009
An earthquake of a 4 degrees magnitude on the Richter scale occurred Wednesday morning, at 06:13 local time, in the eastern Romanian region of Vrancea and was also felt in capital city Bucharest, according to the Romanian Earth Physics Research Institute.

Romanian Anticorruption Prosecutors Search Newsrooms Of Arges Ftbl Club Owner’s Paper, TV Network

10:35, 27 Mai 2009
Romanian anticorruption prosecutors search Wednesday morning the newsrooms of "Top" newspaper and Arges TV network, owned by Arges football club financer Cornel Penescu, under arrest in the football refereeing scandal.

Partial Loan Guarantee In „First House” Proj To Trigger Lower Interest Rates – Bker

20:13, 26 Mai 2009
The partial guaranteeing of the loan through the "First House" project will lead to lower interest rates, but it depends on each bank, while the biggest impact as regards lending will be seen at euro-denominated loans, Alpha Bank president Sergiu Oprescu said Tuesday.

Brazilian Police Arrests Four Romanians Holding 5 Kg Of Cocaine – Media

19:38, 26 Mai 2009
Brazilian federal police discovered the Brazilian connection of an international network used by Romanians for cocaine and ecstasy traffic, according to Brazilian daily Globo, who writes four Romanians were arrested in May, found to hold 4.8 kilograms of cocaine and 21,000 ecstasy pills.

Romanian Court Can’t Afford DNA Tests, Murder Suspect Goes Free For 5 Months

19:23, 26 Mai 2009
Local authorities in Romanian southern county of Olt had to release the main suspect in a murder case, because prosecutors could not afford to pay for the DNA tests.

Romanian Agr, Constructions Seen Vital For Econ Recovery

18:59, 26 Mai 2009
Romania’s strongest points toward economic recovery might be the agriculture and constructions sectors, Senate chairman Mircea Geoana said Tuesday.

ECHR Rules Against Romania On Two Counts Of Police Brutality, Unlawful Inquiry

18:52, 26 Mai 2009
The European Court for Human Rights (ECHR) ruled in favor of the plaintiffs in a case where two Romanian citizens were detained by police and arrested illegally.

Romania Mulls Recalculating Special Pensions – Official

18:06, 26 Mai 2009
Some 200,000 Romanians who collect special pensions will see their pensions recalculated once the new law in the field is enforced, Mihai Seitan, adviser to Prime Minister Emil Boc said Tuesday.

Romania’s „First House” Proj To Include 50,000 Dwellings In 4 Yrs – SMEs Min

18:05, 26 Mai 2009
The "First House" project will be applied for a four-year period and will support the construction of around 50,000 dwellings, the Minister for Small- and Medium-Sized Enterprises Constantin Nita said Tuesday.

Former Romanian PM Under Investigation In Two Corruption Cases

16:55, 26 Mai 2009
Former Romanian prime minister Adrian Nastase is under investigation by prosecutors with the National Anticorruption Department (DNA) in the “Aunt Tamara” case and the case regarding purchases of objects from China, which received a green light from the Chamber of Deputies on March 4.

Disney To Turn Jetix Romania Into The Disney Channel

16:46, 26 Mai 2009
World children’s television leader Walt Disney announced that Jetix Romania will become the Disney Channel, according to a press release issued by the company.

Romanian Businessman Ion Tiriac Gives Up Balc Hunting Grounds

16:43, 26 Mai 2009
Romanian businessman Ion Tiriac gave up the hunting grounds at Balc, Bihor County (NW Romania), but kept the hunting complex in the locality, while the Romanian Ministry of Agriculture initiated procedures for the direct attribution of the grounds.

Romania Risks EC Infringement Over Waste Management

16:42, 26 Mai 2009
Romania risks infringement procedures by the European Commission this fall because it failed to meet environmental commitments and shut down substandard landfills, Romanian environment minister Nicolae Nemirschi said Tuesday.

Romanian Govt To Increase Taxes On Gambling, Almost Four Times For Casinos

15:43, 26 Mai 2009
The Romanian Government plans to significantly increase taxes on gambling, by up to four times in the case of casinos, and will make having a license and a minimum share capital mandatory, according to a draft emergency ordinance developed by the Finance Ministry and obtained by MEDIAFAX.

Romania To Build 2nd Nuclear Pwr Plant In Transylvania, Works To Start In Autumn

15:26, 26 Mai 2009
Romania’s second nuclear power plant will be located in the central part of the country, in Transylvania, and construction works will start in autumn, economy minister Adriean Videanu said Tuesday.

NATO PA Adopts Declaration On Moldova Situation At Romania’s Proposal

14:13, 26 Mai 2009
The NATO Parliamentary Assembly adopted Tuesday, at the proposal of the Romanian delegation, a declaration regarding the situation in the Republic of Moldova, which highlights its major concern with respect to the tense political situation in Chisinau after the Communist Party's April 5 election.

Romanian Romgaz, Russian Gazprom To Team Up To Build Gas Deposits, Pwr Plants

14:09, 26 Mai 2009
Romania’s largest gas producer Romgaz and Russian monopoly Gazprom will set up a joint venture to build in Romania several natural gas storage facilities and thermal power plants, Economy Ministry Adriean Videanu said Tuesday.

Ukrainian President Honors Coach Mircea Lucescu And Shakhtar Donetsk FC

14:04, 26 Mai 2009
Ukrainian President Viktor Yushchenko awarded Mircea Lucescu, the Romanian coach of Shakhtar Donetsk FC, the Order for Merit 2nd Class, as recognition for the team winning the UEFA cup, in a ceremony Tuesday in Kiev, according to the team’s official website.

Queensryche And Saga To Join Limp Bizkit At “Rock The City” Festival In Bucharest, Romania

13:28, 26 Mai 2009
Rock bands Queensryche and Saga will play on June 28 in the “Rock the City” festival in Romania’s capital, Bucharest, alongside Limp Bizkit, who announced their attendance two months ago, organizers said.

Romania Guaranteed Min Income Might Increase By 15% As July – Draft Law

13:27, 26 Mai 2009
Romania might increase by 15% the guaranteed minimum income starting with July, as part of a World Bank agreement to better protect underprivileged citizens during the crisis, according to a draft bill published Monday.

Romanian Central Bank To Amend Electronic Payment Rules To Include Consumer Protection

13:26, 26 Mai 2009
Romania’s central bank will complete by end June a draft to reedit its rules for electronic payment to include provisions regarding consumer protection, Ruxandra Avram, head of the central bank’s department for financial stability, said Tuesday.

S Romania Court Sets Bails For Football Corruption Suspects

13:17, 26 Mai 2009
Magistrates of the Arges Court (S Romania) set a bail of 200,000 lei (EUR1 = RON4.1725) for football club FC Arges financer and corruption suspect Cornel Penescu, and a bail of RON15,000 for co-defendants in the trial Gheorghe Constantin and Liviu Facaleata.

Romanian Ctrl Bk Should Amend Norms To Revive Lending – Bks Assoc

12:51, 26 Mai 2009
Romania's central bank should amend household lending norms to restart financing on this market segment, also bearing in mind also the government’s "First Home" program, Radu Ghetea, the president of Romanian Banks Association ARB, said Tuesday.

Romanian Lignite Mining Co May Suspend Prod For 30-Day

11:57, 26 Mai 2009
Romania’s state-owned lignite mining company SNLO may suspend production for a 30-day period as of June 15, on falling demand for coal, the company said Tuesday.

EU Must Accept Russia “As It Is” – Romanian President

11:39, 26 Mai 2009
Romanian President Traian Basescu said Tuesday morning that the European Union must accept Russia “as it is,” while Romanians will remain “good Europeans” and “good neighbors,” while stressing the importance of guaranteeing independence and integrity for states in the region.

Romanian President Traian Basescu Voices Out Legislative Priorities

09:29, 26 Mai 2009
Romanian President Traian Basescu recently told democrat liberal lawmakers that he sees the legal codes, the amendments to the election law, the new salary and pension laws, as well as the education laws, as legislative priorities.

Final Exams In Two Romanian Police Schools Suspended On Lack Of Funds – Sources

20:18, 25 Mai 2009
The final exams of police officer schools in Romanian cities Campina and Cluj-Napoca have been suspended, because of a lack of funds with which to employ the graduates, sources with the Interior Ministry said Monday.

Romania’s Gov May Raise Guarantee Limit For 1st House Purchase – PM

19:11, 25 Mai 2009
The Romanian government does not rule out increasing the current EUR60,000 guarantee threshold for buying the first dwelling and the budget alloted for such guarantees if the program imposes another procedure, the Prime Minister Emil Boc said Monday.

Romanian Railway Company To Retire 3,700 Employees – Transports Minister

16:43, 25 Mai 2009
Romanian Transports Minister Radu Berceanu announced Monday, following talks with union members, the layoff of 3,700 employees of retirement age of national railway company CFR and the cutting of expenses on bonuses, equivalent to sacking 4,000 employees.

Romanian PM Assures The Govt Won’t Be Reshuffled Anytime Soon

16:36, 25 Mai 2009
Romanian Prime Minister Emil Boc said Monday he does not plan to reshuffle the cabinet anytime soon and bureaucratic obstacles that kept ministers from applying the governing program have just been removed.

Romanian Importers To Pay 0.5% Copyright When Bringing In iPods, MP3 Players

16:18, 25 Mai 2009
Romanian importers of mobile phones with memories higher than 64 MB, MP3 players and iPods need to pay copyright 0.5% from the customs value of these devices, according to a decision of the Romanian Organization for Authorship Rights (ORDA), published on May 13 in the Romanian Official Journal.

Romania’s Car Scrap Program Sees Slow Progress

15:51, 25 Mai 2009
Romanian authorities sold 10.948 out of total 20,000 cars available in the first stage of the national car scrap program by May 22, a week before the stage ends, the Environment Fund Administration, or AFM, said Monday.