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Bucharest Ranked 38th Most Expensive City By Industrial Space Rents – C&W

Industrial space rents in Romania's capital city Bucharest remained unchanged last year, at EUR48/sqm per year, which places Bucharest 38th among 49 most expensive cities in terms of rental costs for industrial spaces, according to real estate consultancy firm Cushman & Wakefield.

Romania’s PM Sees Econ Crisis Slightly Stronger In April Than March

The negative effects of the recent economic crisis will be more accentuated in April compared with March, Romania still needing balance, moderation and prudence in spending the public money, Prime Minister Emil Boc said Monday evening.

Romanian Teachers Threaten Exam Boycott, Strike, Over Bonus Removal

Romanian education unions are threatening to boycott national exams and go on general strike, displeased that talks held Monday with the labor minister did not remove the article reducing staff spending through the removal of merit salaries, bonuses and indemnities.

Intl Fincl Crisis May Speed Up Romania’s Modernization – PM

The financial crisis, which asks for some decisive economic measures, might actually help Romania by accelerating its modernization and reducing its bureaucracy, with or without the International Monetary Fund’s financial help, Prime Minister Emil Boc said Monday.

Ionel Mantog Quits Turceni Pwr Plant GM Position

Ionel Mantog, the general manager of Romanian state-run thermal power producer Turceni, resigned Monday from his position, invoking both personal and political reasons.

Romanian Liberal VP Runs For Higher Position

Romanian Liberal Party vice-president Ludovic Orban stated Monday that he will run for the position of party first vice-president, as it fits him “like a glove.”

Romania Opposes To “Unique Corridors” Collocation In Nabucco Proj

Romania blocked Monday, in the General Affairs and External Relations Council (GAERC), reaching a consensus on the European Council’s conclusions on March 19 in the package financing energy security, as the words "Nabucco project" were changed into "unique energy corridors."

Ford Europe To Cut Output Capacity, Costs

US automaker Ford’s European division said Monday that it is reducing its production capacity in line with significantly decreased demand, and will take additional measures to trim costs, including at its new manufacturing plant in Craiova, southern Romania.

Clients Buy Less, Rent More On Romanian Real Estate Mkt – EuroMetropola

Prices offered by potential buyers on the Romanian real estate market are up to 70% lower than those demanded by the owners, increasing the number of flats up for rent by 40%, according to a statement released by EuroMetropola.

Romanian Household Gas Prices Seen Dn 12% In 2Q, At RON68/MWh

Romanian Energy Watchdog ANRE Monday said the regulated household gas prices are seen down 11.9% in the second quarter of 2009, at 68.55 lei (EUR1= RON4.2767) per MWh, compared with RON77.77/MWh in the first quarter.

Approx 2,700 ArcelorMittal Galati Workers File For Voluntary Layoffs

Approximately 2,700 employees with Romanian largeststeel maker ArcelorMittal Galati filed requests to leave through the voluntary layoffs program from January 1 and until the present, on severance pays packages.

Phone Harassment In Romania Punishable By Up To 6 Months In Jail

Telephone harassment cases are punishable under Romania’s revised Criminal Code by up to six months in prison or fines, “provided the law violation does not constitute a more serious crime.”

New Romanian Criminal Code Will Forbid Assisted Suicide

The new Romanian Criminal code will again forbid the killing patients, suffering from incurable diseases that cause permanent and harsh suffering, carried out with their explicit, serious, conscious and repeated consent.

Romanian Liberals To Submit Simple Motion On Education

The leaders of Romania’s National Liberal Party (PNL) decided Monday that liberal deputies would initiate and submit to the Chamber of Deputies on Tuesday a simple motion on education, following recent decisions made by education minister Ecaterina Andronescu, which displeased the liberals.

Romania’s Anti-Crisis Measures To Include Tax Cuts – Deputy PM

Among the anti-crisis measures proposed by the Romanian government are the introduction of preliminary financing, tax exemption for reinvested profit, cutting red tape measures for companies and the reduction of parafiscal and non-fiscal charges, deputy Prime Minister Dan Nica said Monday.

Two Dead, Six Severely Injured In Car Crash E Romania

Two young men died and other six people were severely injured Sunday night in an accident involving a car and a passenger minibus in Costesti village, in Romania’s eastern county of Vaslui.

Romania’s Pension Sys Affected By Population Ageing, Black Market Labor – EC Report

Romania’s pension system will be seriously affected on the long run by the low number of contributors in ratio with beneficiaries, the low employment rate among elderly workers and the expansion of the black market labor, according to a report of the European Commission.

Romania Health Min Unveils Mandatory Hospitalization Measures As Of March 16

Romania’s health minister Ion Bazac on Sunday said the hospitalization of patients in critical condition becomes a “must” as of March 16, upon the coming into effect of the order of the Health Ministry completing the norms on the management, organization and functioning of emergency rooms (ERs).

Romania Interior Ministry Undergoes Restructuring As Of March 16

Romanian interior minister Dan Nica told a press conference Sunday said that all measures targeting the reorganization of his ministry would be applied as of Monday, March 16, and stressed that no employee would be sacked.

Romanian Pres Delivers Lofty Speech For Hungarians In Romania

Romanian President Traian Basescu on Sunday delivered a lofty speech for all Hungarians in Romania who celebrate on March 15, alongside ethnic Hungarians, the Day of Hungarians Everywhere.

Romania PM Urges Local Authorities To Back Investments, EU Funds Absorption

The Bucharest prefecture must see that local authorities observe the government policy targeting investments and efficient absorption of European Union funds to prevent related problems and deficiencies this year, Romanian Prime Minister Emil Boc said Saturday.

Elisabeta Lipa Takes Helm Of Romanian Rowing Federation

Romania’s former Olympic and world champion Elisabeta Lipa was elected president of the Romanian Rowing Federation within the General Meeting on Saturday at the "Sydney 2000" Olympic Center in Izvorani, near capital city Bucharest.

Romanian Transport Min Signs Arad Beltway Construction Contract

Romanian transport minister Radu Berceanu signed Saturday in Arad, western Romania, the design and execution contract of Arad beltway, part of the Arad-Timisoara highway.

Hungarian President Arrives In Romania

Hungarian president Laszlo Solyom arrived in Romania Saturday morning, by car, and is heading for central county of Harghita where he will attend the ceremonies celebrating the Day of Hungarians Everywhere.

Romanian Boxer Lucian Bute Keeps IBF Super-Middleweight Title

Romanian boxer Lucian Bute kept his IBF super-middleweight world title after knocking out Columbian Fulgencio Zuniga in the 4th round, Saturday morning in Montreal, Canada.

Romania Needs “Preventive” Foreign Financing – Ctrl Bker

Romanian central bank governor Mugur Isarescu told the members of the Government Friday the country needs a “preventive-like” foreign financing to ensure the economic stability and protect the population’s economic interests, the Government said.

Romania To Be Automaker Dacia’s 3rd Retail Mkt In Feb

Romania was the third retail market of the country’s automaker Automobile Dacia, a unit of France’s Renault, in February, after Germany and France, the company said Friday.

Incest Between Consenting Adults No Longer Criminal Act Under Romania’s New Criminal Code

Professor Valerian Cioclei, one of the specialists who worked on developing the new Romanian Criminal Code, explained that incest between consenting adults will no longer be a crime, but that the punishment for the incestuous abuse of minors will be harsher.

Landing Permission Request Was Sent To Defense Min – Romanian Air Authority

The president of the Romanian Civilian Aeronautical Authority (AACR) stated that there was a request for permission from the Hungarian Foreign Ministry on behalf of President Laszlo Solyom, but because there was a military aircraft involved, the request was forwarded to the Ministry of Defense.

Police Says Dacia Car Parts Found In Man’s Home Are Worth Some EUR100,000

Police in the Romanian southern town of Mioveni, where Romanian carmaker Automobile Dacia is based, established that the car parts found in the home of a man in a nearby locality are worth over EUR100,000, after they initially said they are worth EUR300,000.

Hungarian President Reschedules Romanian Visit Over Landing Authorization

Hungarian President Laszlo Solyom modified the date of his planned festive visit on Sunday afternoon to Romania, Szekely land to Saturday afternoon because the Romanian Air Authorities withdrew the prior authorized landing permission at Targu Mures, in the center of Transylvania.

Romanian Romas Marry Non-EU Citizens In Italy, Claim Thousands Of Euros

Dozens of ethnic Roma Romanian citizens married non-EU immigrants who need residence permits in Milan, Italy, in exchange for up to EUR10,000, Cronacaqui.it reported.

Bechtel To Resume Work On Transylvania Hwy By End-March

American company Bechtel decided to extend the technical unemployment interval for the almost two thousand workers on the Transylvania Highway in Romania, until the end of March, because debts have not been collected and works have not been paid yet, according to the union leader at Bechtel.

Romania’s Jan Curr Acct Gap 55% Lower YY To EUR525M

Romania's current account deficit shrank by 54.6% in January to EUR525million, from EUR1.15 billion in the same month a year earlier, mainly driven by a lower trade deficit, the central bank said in a statement Friday.

Germany’s TUI Conditions Return To Romanian Market

Authorities in Romanian tourism will have to observe a few minimal conditions for Germany’s TUI to resume operations in Romania, Tim Grosse, the general manager of Danubius, TUI’s Romanian subsidiary, told MEDIAFAX at the International Tourism Fair in Berlin, Germany.

Police Finds Car Parts Worth EUR300,000 In Man’s Home, Possibly Stolen From Carmaker Dacia

Police in the Romanian southern town of Mioveni, where Romanian carmaker Automobile Dacia is based, found thousands of Dacia car parts worth EUR300,000 in the home of a man in a nearby locality.

Romanians Protests In Bucharest Over Education Min Decision To Cut Back On PE Classes

Romanian parents, students and athletes protest Friday morning in Victoriei square in the center of capital city Bucharest, discontent with the Education Ministry’s decision to lower the weekly number of physical education classes in the pre-university system.

Romania Feb New Car Registrations Dn 3 Times On Yr, To 7,182 Cars

Romania’s new passenger car registrations decreased three times in February compared to February 2008, to 7,182 units and the decline in new car registrations in January and February was of 58.8%, to 20,965 units, according to the European Carmakers Association, or ACEA.

Romanian Antibiotice Iasi Deemed Strategic Unit, Transferred To Health Min

Romanian state-owned drugmaker Antibiotice Iasi SA (ATB.RO) will be transferred to the Health Ministry, which will take over the majority stake the country’s privatization authority AVAS holds in the drugmaker, according to Iasi mayor Gheorhe Nichita.

Romania Culture Min Promises Amendments To Controversial Showbiz Law

Romanian culture minister Theodor Paleologu promised culture unionists who protested in front of the Ministry that he will initiate a new government decision promoting the methodological norms for the application of Law 353/2007, which were negotiated between the unions and the minister last year.