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Romania Might Increase Scrap Bonus In Car Park Renewal Program

16:09, 10 Mart. 2009
The scrap bonus the Romanian government grants to people who scrap their old cars and buy new ones under the country’s car park renewal program could be further increased this summer if few cars are sold during the first stage of the program, environment minister Nicolae Nemirschi said Tuesday.

Romania Plans To Borrow EUR19B From EU, IMF – Sources

15:18, 10 Mart. 2009
The Romanian Government intends to borrow EUR19 billion from the European Commission and the International Monetary Fund, following an evaluation made by the Finance Ministry and the central bank, government sources told MEDIAFAX.

Some 60,000 Romanian Textile Industry Employees Might Lose Their Jobs – Employers

15:00, 10 Mart. 2009
Twenty percent of the employees of the Romanian textile industry, some 60,000 people, could be fired this year, due to a lack of demand, Maria Grapini, the president of the textiles employers' association, said Tuesday in a press conference.

Romanian Parliament Clears EUR143M State Aid For Ford

15:00, 10 Mart. 2009
Romania's Chamber of Deputies approved Tuesday the Emergency Ordinance granting an EUR143 state aid to Ford Motor Company, which bought last year a car factory in the country's southern city of Craiova.

Romanian Cos To Pay Lower Taxes For Devalued Properties In ’09

14:34, 10 Mart. 2009
Romanian companies can pay a lower tax on buildings this year, if they reevaluate their properties, since the market value of said properties decreased, reaching the lowest level in the past two years, according to representatives of real estate company MediaCity.

Romanian Mandatory Home Insurance Law To Be Enforced As Of July 1

14:02, 10 Mart. 2009
The law regarding mandatory home insurance will come into force on July 1, as it was first established, Angela Toncescu, the president of the Romanian Insurance Supervision Commission, said Tuesday.

Romanians’ Gains From Realty Trades May Be Levied 16% Tax

14:02, 10 Mart. 2009
Romanian population’s gains from real estate transactions for commercial purpose may be subject to a 16% tax in the new Fiscal Code, according to Paul Coman, adviser with the National Fiscal Administration Agency ANAF.

Romanian Defense Council Meets In Session Thursday

13:55, 10 Mart. 2009
Romania’s Supreme Defense Council will meet in session Thursday at the presidential palace to discuss Romania’s objectives at the NATO summit in Strasbourg/Kehl, the restructuring of the country’s border police and the implementation of the Border Security Integrated System, the President’s office said Tuesday.

Romanian Govt Officially Asks EC For Financial Package

13:48, 10 Mart. 2009
The Romanian Government sent the European Commission, or EC, a letter asking for the official start of negotiations for a financial agreement, government sources told MEDIAFAX Tuesday.

Weapons, Ammo Found While Tearing Down A House In W Romania

13:24, 10 Mart. 2009
Seven pistols and almost three hundred bullets were discovered while tearing down a building in Galsa, in the western Romanian county of Arad. The arms were hidden inside the wall.

Santana To Play Romanian Festival B’estfest On July 4

12:46, 10 Mart. 2009
Legendary guitarist Carlos Santana will have a concert in the Romanian capital city of Bucharest on July 4, during this year’s edition of B'estfest festival.

Romania Might Introduce Annual Tax On Motorcycles, Depending On Emissions

12:17, 10 Mart. 2009
The law which will replace the Romanian car pollution tax will go through Parliament this year and will provide for the annual taxation of motorcycles, according to the quantity of emissions, Romanian environment minister Nicolae Nemirschi said Tuesday.

Major Smuggling Catch At Romanian Customs House

11:32, 10 Mart. 2009
Romanian border police with the western customs house of Nadlac discovered Monday night about 370,000 packs of contraband cigarettes, hidden in a truck carrying hamburger buns on its way to Germany.

Romania Should Borrow Over EUR10 Billion – Analysts

20:52, 09 Mart. 2009
Romania could conclude a deal with the International Monetary Fund by the end of April. The deal should be valid through 2010 and the financing package from the European Union and the other international financial institutions should be larger than EUR10 billion, analysts said Monday.

Romanians Pay The Consequences Of A ‘Bad Government’ – President

20:21, 09 Mart. 2009
Romanian citizens are paying the consequences of the former “bad governing”, President Traian Basescu told a parliament meeting Monday.

“Memories From The Golden Age” By Cristian Mungiu To Open TIFF

19:42, 09 Mart. 2009
The film “Memories from the Golden Age” by Cristian Mungiu will open the Transylvania International Film Festival (TIFF), which will take place between May 29 and June 7 in the northwestern Romanian city of Cluj-Napoca.

IMF Mission Visits Romania For Discussions On Potential Program

19:13, 09 Mart. 2009
An International Monetary Fund mission will visit Romania later this month to hold discussions on a potential IMF program for Romania, the institution said Monday in a statement.

Romanian President Urges Government To Help Business Environment

18:26, 09 Mart. 2009
Romanian President Traian Basescu noted Monday that citizens and companies pay 200 taxes to the state budget and called the Government’s attention to the chance to help the business environment, saying that the coming revision of the Fiscal Code could be a good opportunity to do this.

Romania Needs External Loan As „Safety Belt” – President

17:38, 09 Mart. 2009
Romania needs a foreign loan as a “safety belt” for the private sector and the current account deficit, not to finance its public debt and budget deficit, Romanian President Traian Basescu said Monday in the Parliament.

Romania Banca Carpatica Clients Targeted By Phishing Scam

16:28, 09 Mart. 2009
Romanian bank Banca Comerciala Carpatica Sibiu (BCC.RO) on Monday said its clients were targeted by a phishing attack on the Internet, via email messages.

Romanian Former PM Believes Romania Does Not Need IMF Deal

16:17, 09 Mart. 2009
Former Romanian Prime Minister Calin Popescu Tariceanu said Monday that debating the agreement with the International Monetary Fund in Parliament is unnecessary and that the Parliament may not give the Government carte blanche, but that the official request for a loan must come from the Government.

Romanian President Expected To Address Parliament Mo Afternoon

15:43, 09 Mart. 2009
Romanian President Traian Basescu said he will address a parliament meeting on Monday afternoon regarding a potential foreign loan to aid Romania during the economic crisis.

Romania Faces Shortage Of Places For Methadone Treatment

14:40, 09 Mart. 2009
A non-governmental organization warns that, in Bucharest, there is a shortage of places for methadone treatment, as the demand is twice as high as the about one thousand spots available in the six centers which provide drug addicts with this substitute.

IMF Comes To Romania For Periodical Information – Deputy PM

13:43, 09 Mart. 2009
Romanian deputy prime minister Dan Nica said Monday that the delegation of the International Monetary Fund is coming to Romania to assess the economic situation and the effects of the crisis, as well as the steps to be taken for better regulations in the financial-banking system.

Romanian Gov Coalition Discussed Decentralizing Measures In Education, Police, Healthcare, Culture, Sports

13:34, 09 Mart. 2009
Romanian deputy prime minister Dan Nica said Monday leaders of the governing coalition discussed decentralization measures and set a calendar for sectors such as education, police, healthcare, agriculture, culture and sports.

Bucharest Hotels ’08 Occupancy Rate Dn 19.6% To 57% – Deloitte

12:50, 09 Mart. 2009
Bucharest experienced one of Europe’s largest declines in hotel occupancy rates in 2008, down 19.6% to 57%, on the backdrop of the dwindling consumer confidence, lack of credit and a declining business spend in the hotel industry worldwide, according to an annual report of Deloitte Touche.

Both Ruling Parties Know Romania Needs Foreign Financing – PDL Official

10:34, 09 Mart. 2009
Theodor Stolojan, prime vice-president of Social Democratic Party, or PDL, stated Monday that both parties in the ruling coalition, PSD and PDL, "know very well that Romania needs foreign financing," and the choice has been known for some time.

Romania’s Jan Net Salary Dn 9% M-M To RON1.355

09:59, 09 Mart. 2009
Romania's net average salary was down 9% on the month in January to 1.355lei (EUR1=RON4.2903), the National Institute for Statistics, or INS, said Monday.

Romanian Society Not Ready To Legalize Prostitution – PM

21:39, 08 Mart. 2009
Romanian Prime Minister Emil Boc on Sunday said legalizing prostitution is an issue to be discussed with the Orthodox Church, mentioning, however, that the society might not be ready for such a decision and an “unhealthy thing” should not be encouraged “for the sake of money.”

Romania Feb Inflation Seen At +0.5% MM – Poll

16:53, 08 Mart. 2009
Romanian consumer price index is seen up by 0.5% in February against the month before, while the yearly inflation is expected to slow down to 6.5% from 6.71% on the backdrop of a stable exchange rate and tempered internal demand, analysts said Sunday.

Romanian Govt To Cut Accommodation Spending For High-Officials – Sources

16:29, 08 Mart. 2009
Romanian government plans to limit accommodation spending for secretaries and undersecretaries of state, as well for heads of public agencies and to stop discounting plane tickets for high-ranking dignitaries, official sources said Sunday.

Romanian Interior Min Calls For Increased Street Police Presence

13:42, 08 Mart. 2009
Romanian Interior Minister Dan Nica on Sunday called for a firmer presence of police forces to ensure public safety.

Romania One Point Behind Russia In Davis Cup 1st Round

22:26, 07 Mart. 2009
Romania’s Marius Copil and Horia Tecau managed to get back on saddle after their win against Russian Marat Safin and Dmitri Tursunov in the Davis Cup doubles on Saturday.

Romanian Govt To Finish Draft Laws On Decentralization By May 4 – PM

17:00, 07 Mart. 2009
Romanian government will finalize the draft laws on decentralization of the public administration by May 4, Prime Minister Emil Boc said Saturday.

Romanian Govt OKs Amendments To Public Procurement Law

16:54, 07 Mart. 2009
Romanian government on Saturday approved an emergency Ordinance aimed at simplifying public procurement proceedings.

Romanian Social Democrat Head Sees IMF’ Presence In Bucharest Next Wk

15:30, 07 Mart. 2009
Social democrat leader Mircea Geoana said on Saturday he has information regarding the International Monetary Fund’s “presence in Bucharest” next week for “exploratory” talks in the light of an agreement.

Tens Of Tenants In Bucharest Protest Against Huge Utility Bills

13:54, 07 Mart. 2009
Tens of tenants in Bucharest’s district "Constantin Brancusi" protested on Saturday against triple utility bills they paid in January, saying they had to cover network losses.

Romanian Family Of Four Dies In Apparent Murder-Suicide In Switzerland – Paper

13:08, 07 Mart. 2009
A Romanian family of four living in Switzerland died in a seemingly murder-suicide two days ago, Swiss paper Tribune de Geneve reported Saturday.

Romanian President Calls For Stepping Up Decentralization

12:37, 07 Mart. 2009
Romanian President Traian Basescu on Saturday urged the ministers to speed up decentralization procedures and weed out bureaucracy, mentioning that the first three months since the new government took the helm showed that structural reforms seem more like a wish than a daily commitment.

Rompetrol Group Fully Takes Over Vega Refinery, Increases Stake In Rompetrol Rafinare

19:55, 06 Mart. 2009
Romania’s second-largest oil company Rompetrol Group NV fully took over Rompetrol SA Bucuresti, operator of Vega refinery, thus increasing its stake in its refining unit Rompetrol Rafinare from 73.27% to 75.32%.