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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.

Romanian Senate Commission OKs Decree Regarding Expropriations For Passageway In Bucharest

13:46, 24 Mart. 2009

The commission for public administration in the Romanian Senate gave the go-ahead to government emergency decree 12/2009 allowing the start of expropriations for the construction of the Basarab Passageway in capital Bucharest.

Romania’s Rodipet To Be Redeemed By State – AVAS

13:40, 24 Mart. 2009

Romanian print media distributor Rodipet will be transferred under the state ownership, as the buyer, Magnar Two, systematically breached the sale terms, according to a decision of the Board of Directors of the country's Privatization Authority AVAS.

Romanian Charged With Rape In Rome Released After 34 Days In Custody – Press

13:24, 24 Mart. 2009

The Court of Appeals in Rome, Italy, has decided to release Romanian citizen Karol Racz, following 34 days in custody, after he has proven his innocence of the second rape he was charged with, the online edition of Italian daily Tempo said.

Romanian Public Sector Unionists Threaten Ample Protest In Bucharest

13:15, 24 Mart. 2009

Romanian public sector employees affiliated to the "Cartel Alfa" union federation threaten to stage an ample protest in capital city Bucharest when the government approves an emergency decree lowering bonuses in the public sector, which unionist consider cuts into employees’ base wages.

Romania Might Face Unemployment Crisis – State Secretary

12:08, 24 Mart. 2009

Romania is not facing an unemployment crisis yet, but this may happen, state secretary on employment issues with the Labor Ministry Dumitru Cornoiu said Tuesday during the seminar “How the labor market is changing”, organized by business daily Ziarul Financiar.

Romanian PM Urges Prosecutors To Ignore Political, Media Pressure

11:21, 24 Mart. 2009

Romanian Prime Minister Emil Boc urged prosecutors Tuesday to ignore political pressure saying people’s confidence in the independence and impartiality of legal investigations should prevail over political, media pressures and the temptation of corruption.

Romanian Former PM Corruption Trial Postponed For The Second Time

10:45, 24 Mart. 2009

The Romanian Supreme Court decided Tuesday to once more postpone trying the case in which former prime minister Adrian Nastase is charged with corruption for his 2004 presidential election fund-raising campaign.

Court Postpones Custody Trial Of Romanian TV Star Mihaela Radulescu

10:44, 24 Mart. 2009

A Bucharest court adjourned Tuesday for one week the custody trial between Romanian TV star Mihaela Radulescu and her former husband Elan Schwartzenberg, and Radulescu was required to indicate an address for social workers to investigate the case of her son.

Robber Shoots Cab Driver In C Romania

10:10, 24 Mart. 2009

A cab driver in the central Romanian city of Brasov was shot in the lower jaw Saturday evening by an unknown man who tried to rob him at gunpoint.

IMF Deal Keeps VAT, Flat Tax And Salaries – Romanian President

20:50, 23 Mart. 2009

Romanian President Traian Basescu said at the end of the meeting with Austrian investors on Monday, that the deal with the IMF and the European Commission will comprise certain elements which prove that the loan is only “a safety belt.”

Romania, IMF Agree On 4.6% Of GDP Budget Deficit In ’09 – Sources

20:42, 23 Mart. 2009

The International Monetary Fund delegation in Romania agreed with the Government a budget deficit of 4.6% of the gross domestic product in 2009, compared with the 2% of the GDP target included in the budget law, sources close to the talks told MEDIAFAX.