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C Romanian County Brasov To Have New Tourism Brand, „be.live.it”

14:37, 11 Mart. 2009
The Association for the Promotion and Development of Tourism in Brasov (central Romania) will launch, in the International Tourism Fair in Berlin, which will be "be.live it", the Ministry of Tourism announced Wednesday.

Bringing Snowdrops Into Hungary Is A Crime

13:29, 11 Mart. 2009
Hungarian authorities notified Romanian border authorities in the county of Arad that bringing snowdrops into Hungary is a crime, as the plant is protected by law.

Romanian Economy May Enter Technical Recession After 1Q – Raiffeisen Analyst

12:46, 11 Mart. 2009
Romania will probably enter a technical recession following the first quarter, as the country’s gross domestic product fell by 3% in the last quarter of 2008 compared with the previous quarter, Raiffeisen Bank chief economist Ionut Dumitru said Wednesday.

Romanian Loteria I Tax Evasion Case Files Sent To Constitutional Court

12:19, 11 Mart. 2009
The Romanian Supreme Court allowed the request for the suspension of the case Loteria I, where businessman George Copos is on trial for tax evasion, and sent the case to the Constitutional Court, as lawyers raised an exception on jurisdiction should the defendant change status.

Nineteen Investigated For Fraudulent Driving License Release In C Romania

12:08, 11 Mart. 2009
Nineteen people are being investigated over the fraudulent release of driving licenses and registrations of cars in Sfantu Gheorghe, central Romania, following extensive searches Wednesday morning, the General Anticorruption Department (DGA) said.

Romanian Ctrl Bker: An IMF Loan Would Support Forex Reserves, Foreign Investors’ Trust

10:44, 11 Mart. 2009
A potential loan from the International Monetary Fund would protect Romania’s foreign currency reserves and would send a strong signal to strengthen foreign investors’ confidence, National Bank of Romania’s chief economist Valentin Lazea said Wednesday.

Romanian Prosecutors Search Homes Of Suspected Hackers

10:14, 11 Mart. 2009
Romanian prosecutors are searching Wednesday morning homes of people suspected of having hacked into servers of universities in the United States, NASA and illegally cloned websites of banks in the European Union to get credit card information.

Romania’s Feb CPI +0.88% M-M, Annual Inflation Widens To 6.89% – 2

10:04, 11 Mart. 2009
Romania's consumer price index rose by a higher-than-expected 0.88% in February, compared with the previous month, and the annual inflation widened to 6.89%, from 6.71% end-January, the National Statistics Institute, or INS, reported Wednesday.

Moody’s Places Romania In Second Rating Risk Category

18:56, 10 Mart. 2009
Rating agency Moody’s grouped emergent states into four risk categories and placed Romania, Bulgaria and Croatia in the second category, that of countries whose credit fundamentals are resilient but which could be subject to some rating volatility should assumptions of support prove unfounded.

Romanian Auth Starts ’09 Edition Of Car Park Renewal Program

16:51, 10 Mart. 2009
Car makers Dacia, Renault-Nissan, Hyundai, Opel and Chevrolet received the largest shares in the first stage of the program aimed at stimulating the renewal of the Romanian car park, namely 1,731 units each, according to the Romania Environment Fund Administration (AFM).

Romanian Insurers To Allow Amiable Car Crash Acknowledgment Come Jul 1

16:12, 10 Mart. 2009
The amiable solution of traffic accidents resulting in light material damages alone will be applied starting with July 1, after the conclusion of a protocol between car insurance companies at the end of March, said the president of the Romanian insurance system regulator, Angela Toncescu.

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.”