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Romanian Rock Star Cristi Minculescu To Undergo Two More Surgeries In Upcoming Days

10:04, 26 Mart. 2009
Cristi Minculescu, the frontman of Romanian rock band Iris, who had a liver transplant Tuesday morning in Germany, will undergo two more surgeries in the upcoming days, officials of the Regensburg hospital said Wednesday evening.

Romanian Govt Ups Tobacco Excise To EUR57/1000 Cigarettes

09:51, 26 Mart. 2009
Romanian government on Wednesday decided to hike tobacco excises by EUR7/1000 cigarettes to EUR57/1000 cigarettes as of April 1.

Romanian Govt OKs Letter Of Intent Agreed With IMF

09:50, 26 Mart. 2009
Romanian government approved in a meeting Wednesday the letter of intent for the EUR20 billion external loan from the International Monetary Fund and the European Union, Prime Minister Emil Boc said.

Bucharest Appeals Court Ruled Interior Ministry Scandal Protagonists To Be Tried At Large

09:44, 26 Mart. 2009
The Bucharest Court of Appeals decided Wednesday night that former Interior Ministry secret service head Cornel Serban, head of operations with the ministry’s General Anticorruption Department Petre Pitcovici and businessman Gabriel Puiu Popoviciu will be tried at large but can’t leave the country.

Marriage Defined In Romanian Draft Civil Code As Union Between Man And Woman

20:59, 25 Mart. 2009
Romanian MPs have defined marriage as the consensual union between a man and a woman, concluded according to law.

Romania Pres Calls On Unionists To Temporarily Refrain From Wage Claims

20:55, 25 Mart. 2009
Romanian President Traian Basescu urged trade union representatives not to ask for salary increases until the law regulating the public wage system is in place, union officials said Wednesday.

Former Head Of Romanian Intelligence Dept Accused Of Leaking Classified Information

20:01, 25 Mart. 2009
The former chief of the Romanian Interior Ministry’s General Intelligence and Internal Protection Department (DGIPI), Cornel Serban, is accused of using and providing unauthorized access to private information.

IMF Official: Foreign Loan To Protect Romania Of Crisis’ Worst Effects

19:27, 25 Mart. 2009
Romania’s agreement with the IMF will protect the country’s economy from the worst effects of the worldwide crisis and will put Romania in a position for a strong return to growth as soon as the current difficulties ease, the future IMF Representative in Bucharest, Tonny Lybek, said Wednesday.

Raiffeisen Bank Romania Warns Clients Against Phishing Attacks

18:06, 25 Mart. 2009
Romania’s Raiffeisen Bank warned its clients not to answer requests received through e-mail or SMS regarding personal data or confidential information, such as passwords or PINs, as the bank will never send out such messages.

Romanian Ctrl Bk Chief To Explain IMF Loan In Parliament Hearing

17:53, 25 Mart. 2009
Romania’s central bank governor Mugur Isarescu will be asked to explain in parliament the reverberations of the IMF loan on local economy during a hearing of the budget and finance committees, democrat liberal Deputy Mircea Toader said Wednesday.

Romanian Liberals Threaten No-Confidence Vote If Govt Takes Responsibility For Civil, Criminal Codes

16:46, 25 Mart. 2009
Romanian liberals, in opposition, threaten to initiate a no-confidence vote in Parliament if the government takes responsibility for the Criminal Code, Civil Code and their respective procedure codes and they become law, liberal lawmaker Eugen Nicolaescu said Wednesday.

World Bank To Implement Fincl Support Package With Romanian Govt

16:21, 25 Mart. 2009
The World Bank is prepared to work closely with the Romanian Government over the next two years to implement a package of measures that will limit the severity of the recession and its impact on the vulnerable, the lender said in a statement Wednesday.

Romania’s Govt May Use Part Of ’09 Additional Budget Revenues As It Likes – IMF

16:09, 25 Mart. 2009
Romania’s Government may spend as it likes part of the additional revenues above the current forecast agreed with the International Monetary Fund, but will have to put aside another part of the money.

Romanian Released In Rome After 34 Days In Custody On Rape Charges To Claim Moral Damages

14:27, 25 Mart. 2009
Romanian citizen Karol Racz, held in custody for 34 days in Rome, Italy, on charges of rape and released Tuesday on lack of evidence, will claim moral damages for the time he spent under arrest, his lawyer Lorenzo La Marca said, cited by Unione.sarda.it.

Foreign Tour Operators Threaten To Take Romania Out Of Catalogues Over Castle Bran Situation

13:45, 25 Mart. 2009
Several foreign tour operators threatened to take Romania off their catalogues and even start an anti-campaign, displeased with reduced visiting hours at Castle Bran and its furniture being moved into the medieval customs building, Romania's Association of Tour Operators (ANAT) said Wednesday.

Romanian PM Took The Subway To Get To Cabinet Meeting

13:39, 25 Mart. 2009
Romanian Prime Minister Emil Boc took the subway Wednesday to get from the Parliament to the government headquarters to attend the Cabinet meeting and told MEDIAFAX he wanted to see people’s everyday lives.

Romanian Senate Adopted Decree Introducing Holiday Tickets

12:40, 25 Mart. 2009
Romanian senators adopted Wednesday 58 to 16 votes and five abstentions the draft law approving government emergency decree 8/2009 which regulates the granting of holiday tickets to employees.

Romanian Initiative Party Leader Honored By Social Democrat’s EP Candidacy Proposal

12:29, 25 Mart. 2009
National Initiate Party (PIN) leader Lavinia Sandru said Wednesday she is honored that Social Democratic Party (PSD) vice-president Radu Moldovan wants her to run for a seat in the European Parliament along PSD.

Gelu Drajneanu Appointed Interim Head Of Interior Ministry Intelligence Dept

11:50, 25 Mart. 2009
Gelu Drajneanu was appointed interim head of the Romanian Interior Ministry’s General Intelligence and Internal Protection Department (DGIPI) Wednesday, after the department’s chief Cornel Serban was detained by anticorruption prosecutors Tuesday night.

IMF To Ask Main Bks Operating In Romania To Keep Funds In The Country

11:42, 25 Mart. 2009
The International Monetary Fund mission to Bucharest will meet Thursday in Vienna the main foreign banks operating in Romania, to ask them to keep funds in the country and for a capital "buffer."

Romanian Parliament Commission To Hear Interior Min Next Week Over Intelligence Dept Scandal

11:40, 25 Mart. 2009
Romania’s Chamber of Deputies defense commission decided Wednesday to hear interior minister Dan Nica next week about his plans to reorganize the ministry and the situation at the General Intelligence and Internal Protection Department (DGIPI) whose chief was detained by anticorruption prosecutors.

Romanian Int Min To Dismantle Dept Whose Chief Was Detained By Anticorruption Prosecutors

11:27, 25 Mart. 2009
Romanian interior minister Dan Nica is at the headquarters of the General Intelligence and Internal Protection Department (DGIPI) whose chief, Cornel Serban, was taken into custody by anticorruption prosecutors.

Romania Must Revise Salary, Pension Sys In 2 Yrs – IMF

11:19, 25 Mart. 2009
Romanian government has to revise in two years, with international assistance, the pensions system and salaries in the public sector, as well as the monitoring and control procedures for state-owned companies, Jeffrey Franks, the head of the IMF mission to Romania, said Wednesday.

Two Romanian High Officials Detained For Alleged Complicity To Drug Dealing

11:00, 25 Mart. 2009
Romanian anticorruption prosecutors detained Cornel Serban, head of the General Intelligence and Internal Protection Department (DGIPI), and Petre Pitcovici, head of the Operations Division within the General Anticorruption Department, for alleged complicity to crimes.

EXCLUSIVE: Social Democrat To Ask Romanian Initiative Party Leader To Run For MEP

10:53, 25 Mart. 2009
Romanian Social Democratic Party (PSD) vice-president Radu Moldovan told MEDIAFAX Wednesday he will ask National Initiate Party (PIN) leader Lavinia Sandru to run for a seat in the European Parliament along social democrats.

Romania Agrees EUR12.95B 2-Yr IMF Standby Loan, Total Package At EUR19.95B

10:21, 25 Mart. 2009
Romania agreed Wednesday with the International Monetary Fund an economic program supported by a EUR12.95 billion (about US$17.51 billion) loan under a two-year Stand-By Arrangement, IMF said in a statement.

Romania To Hike Pensions With Inflation Rate Not Depending On Avg Wage Under IMF Agreement – Sources

10:04, 25 Mart. 2009
Romania will change the calculation of pensions and increase them depending on the annual inflation rate instead of the gross average wage, to balance its public pension fund on the medium and long term under the agreement with the International Monetary Fund, or IMF.

Romania, IMF Set Loan Value At EUR12.95B To Avoid Unlucky 13

20:34, 24 Mart. 2009
Romanian authorities agreed with the International Monetary Fund the loan value in the stand-by agreement at EUR12.95 billion, to avoid 13, a number considered to bring bad luck, a source close to the talks told MEDIAFAX.

Romanian PM: Govt Strives To Protect The Freedom Of The Press

20:10, 24 Mart. 2009
Romanian Prime Minister Emil Boc on Tuesday said the government would strive to wipe out any suspicions regarding its intention to bring the press to silence via the country’s revised Civil Code.

A Quarter Of Romanians Fear Job Loss In 2009- Survey

19:24, 24 Mart. 2009
A quarter of Romanians, namely 25%, fear they might lose their jobs in 2009, in the fallout of the economic crisis, while 15% of Romanians fear they might not afford to pay their bills, according to a survey conducted in January by market research company Synovate.

Bucharest 1st District Schools Benefit From ‘After School’ Ed Progr

19:08, 24 Mart. 2009
Local authorities in Bucharest 1st District on Tuesday announced the “After School” program, meant to help pupils do their homework under teachers’ supervision, is currently operational in half the schools in the district, as well as in several high schools.

Romanian Pres Expects IMF Support For Reforms

18:26, 24 Mart. 2009
Romanian President Traian Basescu said Tuesday the stance of the International Monetary Fund IMF was by far more relaxed than his attitude in demanding the Government to make more aggresive reforms.

Romania To Sign Agreement With IMF, EC In 10-14 Days – PM

18:15, 24 Mart. 2009
Romania will sign the agreement with the International Monetary Fund and the European Commission in 10 to 14 days, after it receives a reply on the letter of intent sent by the Government, Prime Minister Emil Boc said Tuesday.

Canada’s Sterling Gets $5M Financing For Ops In Romania, North Sea

17:44, 24 Mart. 2009
Canadian international oil and gas company Sterling Resources inked a $5 million financing agreement with Canaccord Capital Corporation, for starting drilling programs in the North Sea and Romania.

Romanian Def Min Blames Weapon Heist, Info Leaks On Indiscipline

17:08, 24 Mart. 2009
Romanian Defense Minister Mihai Stanisoara on Tuesday said the weapon heist at a military base and leaks of classified information at another are indicative of lack of discipline and firmness of commanders, as well as of superficially conducted controls.

Romania Defense Min Denounces Low Budget Despite Strong NATO Commitments

16:50, 24 Mart. 2009
Romanian defense minister Mihai Stanisoara said Tuesday that, despite Romania’s NATO membership commitments, which stipulate 2% of GDP for the sector, the sum was way below this level over the past few years and, although set at 1.81% of GDP in 2008, the defense sector budget saw only 1.5% of GDP.

Lukoil Romania Hikes Gas, Diesel Oil, Cuts LPG Pump Prices

16:14, 24 Mart. 2009
Lukoil Romania, a unit of Russian oil company Lukoil Holdings, increased Tuesday its gasoline and diesel oil pump prices by 0.02 lei (EUR1=RON4.2924) per liter and cut the liquefied petroleum gas (LPG) prices by the same amopunt, the company said in a statement.

Limp Bizkit To Play Bucharest On June 28

16:07, 24 Mart. 2009
U.S. nu metal band Limp Bizkit included Romania in their will "Unicorns N' Rainbows 2009” tour and will have a concert in Bucharest on June 28, at Arenele Romane in Carol Park, according to the band’s official website.

Romanian Govt To Revise Budget In April Or May

15:43, 24 Mart. 2009
Romania's Government will revise in April or May, for the first time this year, the 2009 budget, after the authorities and the International Monetary Fund agreed upon a budget deficit of 4.6% of the gross domestic product, from 2% of the GDP prior forecast, government sources told MEDIAFAX.

New Romanian Criminal Code Redefines Self-Defense

13:47, 24 Mart. 2009
The Romanian Parliament Commission analyzing the Criminal Code set, on Tuesday, the definition of self-defense as the repulsion of the unauthorized night time attempt by a person to enter the home, estate or annexes of another person.