English

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.

AC/DC To Play In Romania On May 31

10:10, 13 Apr. 2009
Australian band AC/DC will play in Romania on May 31, as part of the Bucharest Rock Arena festival, which will take place 15 kilometers east of Bucharest, the event’s site said.

Romanian President Wishes Catholics A ‘Happy Easter’

16:53, 12 Apr. 2009
Romanian President Traian Basescu wished “peace, hope and the power to do good” to Catholics who celebrate Easter on Sunday, the presidency said in a statement.

Romania 1Q Big Property Deals Dn 58% YY To EUR50M – C&W

15:45, 12 Apr. 2009
Romanian big realty transactions dropped 58% to EUR50 million in the first quarter, the only property deal being the acquisition of Fabian Romania investment fund, Cushman&Wakefield consultancy firm said Sunday.

Romanian Conservative Leader Denounces Special Pensions

15:11, 12 Apr. 2009
Founding chairman of Romania’s Conservative Party, Dan Voiculescu, on Sunday urged the ombudsman to notify the Constitutional Court on special pensions paid to retirees and the law acts that provision them.

Moldova Says Cyber Attack On Presidency Computers Comes From Romania

19:46, 11 Apr. 2009
The Special Telecommunications Center in Moldova has identified two electronic attacks against the presidency computers, one of which involved an IP address in neighboring Romania, the Center said in a statement Saturday.

Romanian Defense Min Loses RON675M At Budget Revision

19:24, 11 Apr. 2009
Romania’s first budget revision of 2009 includes significant spending cuts at ministries and public institutions, including the Ministry of Defense, whose budget was lowered by approximately 675 million lei (EUR1-RON4.1189).

Romania’s Budget Revision, New Fin Measures Give EUR315M Boost To Revenues – Min

17:20, 11 Apr. 2009
Romania’s budget will see an increase of some EUR315 million, or 0.25% of the GDP following the first budget revision of 2009 and the financial measures approved by the executive on Saturday, Finance Minister Gheorghe Pogea said.

Romania Sees Public Spending Dn By RON148M On Limited Wage Bonuses – Sources

16:42, 11 Apr. 2009
Romanian government expects a RON148 million (EUR1-RON4.1189) cut in public spending following limited wage bonuses, ministry sources said Saturday.

Romanian Govt Approves Minimum Yr Tax Based On Co Turnover

16:22, 11 Apr. 2009
Romanian government on Saturday approved an emergency act under which companies are to pay a minimum yearly tax of 2,200 lei (some EUR500), computed based on turnover.

Hunger Strikers Collapse In Front Of Romania Govt Building

15:59, 11 Apr. 2009
The continuing hunger strike by anti-communist revolutionaries in front the Romanian government building in Bucharest is starting to take a toll on the health of the protesters, as two of the hunger strikers fainted Saturday.

France Reassures Romania Of EU’s Support Over Moldovan Situation

14:44, 11 Apr. 2009
The European Union, and France in particular, wish to reassure Romania of their support over the situation in neighboring Republic of Moldova, spokesman of the French Foreign Minister Bernard Kouchner said in a press conference Friday.

Romania Might Extend Car Scrapping Progr To Companies – Min

14:16, 11 Apr. 2009
Romania could extend its vehicle scrapping program to include economic operators, provided the Finance Ministry sanctions the project, Environment Minister Nicolae Nemirschi said Saturday.

Romanian Govt OKs Budget Revision, Lump Sum Tax And Wage Bonus Cap

14:12, 11 Apr. 2009
Romanian government on Saturday approved the first budget revision of the year, the introduction of the lump sum tax, as well as an act limiting salary bonuses in the public sector.

Romania’s Green House Progr Might Include Biomass As Alternative Energy Source

13:56, 11 Apr. 2009
Romania’s Green House program, aimed at stimulating the development of renewable energy equipment, might include biomass as an alternative to conventional heating sources, Environment Minister Nicolae Nemirschi said Saturday.