English

Romanian ’09 Budget Def At RON18.8B, Pensions Budget Surplus At RON221M

18:51, 31 Ian. 2009
Romania’s state budget revenues are estimated this year at RON75.6 billion and expenses at RON94.5 billion, with a deficit of RON18.8 billion, while the estimate for the social insurance budget for the public pension system indicates a surplus of RON221 million.

Romanian Social Democrats Discussed Need A Presidential Candidate Who Can Win – Leader

18:00, 31 Ian. 2009
Romanian social democrat leader Mircea Geoana said Saturday, after the meeting of the party’s parliamentary groups, that there were talks about party’s need to come up with a presidential candidate who could win the election.

Romanian Tourism Min To Partner Up With Owners To Promote Castle Bran

17:51, 31 Ian. 2009
Romanian tourism minister Elena Udrea said Saturday after a meeting with Archduke Dominic of Habsburg, owner of Romania’s Castle Bran, that they agreed to have an “active partnership” for the promotion of this tourist attraction.

Romanian Govt To Find Money To Up Teacher’s Wages Further If Education Reform Is Achieved – PM

14:41, 31 Ian. 2009
Romanian Prime Minster Emil Boc said Saturday that if reform in the education sector is achieved, the government will find resources to increase teachers’ wages.

Austrian Embassy Driver Who Killed A Pedestrian In Bucharest Can’t Be Tried In Romania

14:24, 31 Ian. 2009
The Austrian Embassy employee who killed a 22-year-old woman in a car accident in Bucharest Saturday morning has jurisdictional immunity and won’t be tried by Romanian authorities, judicial sources told MEDIAFAX Saturday.

Romanian Govt Prepares Plan To Relaunch Agriculture – PM

14:20, 31 Ian. 2009
The Romanian government will come up with a special program to relaunch the country’s agriculture sector to make Romania an exporter of food products, Romanian Prime Minister Emil Boc said Saturday.

Brasov Armed Robbery Suspect Is Moldovan, Has Criminal Record – Minister

13:22, 31 Ian. 2009
Moldovan citizen Serghei Gorbunov was detained by police in Brasov, central Romania, because he didn’t return to the Craiova Prison and he is among the suspects in the armed robbery that occurred in Brasov Thursday, the head of the local police said.

Local Police In Brasov Deny Having Seized Armed Robbery Suspect

12:31, 31 Ian. 2009
Local police in Brasov, central Romania, haven’t detained any suspect in the armed robbery that occurred Thursday evening, local police spokesman Liviu Naghi told MEDIAFAX Saturday.

Romanian Police Seize Main Suspect In Brasov Armed Robbery – Interior Min

11:36, 31 Ian. 2009
Romanian interior minister Liviu Dragnea said Saturday on Antena 3 that police seized the main suspect in the armed robbery that occurred Thursday evening in the central Romanian city of Brasov, which left two people dead and one injured.

Three Kilometers Of Railway Stolen In W Romania

11:01, 31 Ian. 2009
Police and prosecutors in Romania’s western county of Bihor are investigating employees of a local firm, suspected of having stolen three kilometers of rail, police said.

Romanian Govt Postponed Wage Hikes In Education By One Month

10:28, 31 Ian. 2009
The Romanian government put off by one month, to April instead of March, the first stage of wage increases in the education sector.

Romania’s Ctrl Bk Set To Ease Monetary Policy Next Wk – Analysts

20:37, 30 Ian. 2009
The National Bank of Romania, or BNR, will decide on Wednesday to ease the monetary policy, analysts said, most of them betting on a key rate cut.

Romanian Press Passes Law On Nationalized Houses

20:24, 30 Ian. 2009
Romanian President Traian Basescu Friday passed the law on nationalized houses, initiated by former conservative leader Dan Voiculescu, after saying Monday evening he no longer has any means of going against the normative act.

Organized Crime Officers Find One Ton Of Cocaine In S Romania

19:18, 30 Ian. 2009
Nearly one ton of cocaine was found in the container lying since December 2008 in port Constanta Sud – Agigea, southern Romania, organized crime officer Aurelian Pavel said Friday.

GM Incomes In Romanian Ministries Reach RON20,000, Wg Bonuses Included – PM

19:09, 30 Ian. 2009
The incomes of the general managers in the Romanian ministries amount to 20,000 lei (EUR1=RON4.2775) with some bonuses included, which imposes the elimination of bonuses such as that for the use of a foreign language, Prime Minister Emil Boc said Friday.

Romanian Devt Ministry May Finish Constr Started By Developers In Distress

18:36, 30 Ian. 2009
Local authorities may buy certain apartment buildings started by private developers in distress, then the Romanian Ministry of Development, Public Works and Housing, or MDRL, would finalize and deliver them to city halls.

Italian Police Keeps Romanian Rape Suspects In Protective Custody

16:41, 30 Ian. 2009
The six Romanians arrested after the rape committed on a 21-year old Italian girl in the outskirts of Rome, are kept in isolation because they are under the threat of violence from the Italian inmates, while their state-provided lawyers refused to defend them for fear of retaliation.

Romanian Def Min Sacks Staff Over Missing Weapons Case

16:09, 30 Ian. 2009
Romanian defense minister Mihai Stanisoara announced Friday the dismissal of the Air Force General Staff head Constantin Croitoru and the head of the counterintelligence chief of the General Staff, in the case of missing weapons from the military warehouse in Ciorogarla, near Bucharest.

Romanian Mothers To Receive Fin Aid For Each Baby Delivered In Multiple Birth-Draft Law

15:59, 30 Ian. 2009
Romanian democrat liberal deputy Mircia Giurgiu will submit to Parliament on Monday a draft law stipulating women who give birth to twins or multiples will receive for each baby the childbirth indemnity and the child benefit, which are now paid for one baby.

Madonna Ready To Entertain Romanians In Famous „Sticky and Sweet” Tour

15:18, 30 Ian. 2009
Queen of Pop Madonna also included Romania in her "Sticky and Sweet" tour aiming to promote her new multi Grammy-nominated album "Hard Candy."

Romanian Liberals Demand Defense Min Resignation In Weapon Heist Aftermath

15:15, 30 Ian. 2009
Romanian former minister Adrian Cioroianu asked defense minister Mihai Stanisoara to resign, claiming he is the one to blame for the disappearance of weapons from the military unit at Ciorogarla.

Romania May Face Econ Collapse Unless Govt Finds Solutions – Employers Assoc Head

14:50, 30 Ian. 2009
Romania may face an economic collapse in a few months unless the Government finds solutions that would be quickly implemented to support the economy, Ioan Coraci, the president of the Employers’ Confederation of the Romanian Industry UGIR-1903, said Friday.

Romanian Healthcare Employees Might Protest After Feb 10 Over Wage Demands

14:34, 30 Ian. 2009
Romanian healthcare unionists threatened to trigger protests after Feb 10, as they are not happy with the government’s offer to hike their wages by only 5% and cut all bonuses, union leader Marius Petcu told MEDIAFAX.

Romanian Liberal VP Could Run For President In Fall

14:21, 30 Ian. 2009
Romanian National Liberal Party vice-president Crin Antonescu told MEDIAFAX Friday that he will run for the presidency of the party only if there is a congress called in March, adding that if the congress is postponed, he will not run for president of Romania either.

Romanian Court Keeps Death Penalty For Spy Who Fled To The U.S. In ’73

14:01, 30 Ian. 2009
Constantin Rauta, a former officer of Romania’s Foreign Intelligence Department under the Ceausescu regime, sentenced to death by the Bucharest Military Court in 1974, didn’t have his sentence overturned Friday at the High Court of Justice.

Romanian Devt Min ’09 Budget Up 20% On Yr, At RON3.7B

13:23, 30 Ian. 2009
Romania's Ministry of Development, Public Works and Housing, or MDRL, will have a 3.74 billion lei (EUR1=RON4.2314) budget in 2009, up 20% on the year, minister in charge Vasile Blaga said Friday.

Romanian SSIF Broker Frowns On Securities Regulator Measures

11:49, 30 Ian. 2009
The decision of Romanian Securities Commission CNVM to temporary suspend the operations of local brokerage company SSIF Broker Cluj-Napoca (BRK.RO) and the company’s shares from trading on the Bucharest Stock Exchange are deemed exaggerated and the reasons grounding the decision are “puerile,” the company’s president Petru Prunea said Friday.

Romanian Securities Comm Suspends SSIF Broker’s Ops For Two Wks

11:49, 30 Ian. 2009
Romanian Securities Commission, or CNVM, suspended Thursday, for two weeks, the functioning licenses of local brokerage company SSIF Broker Cluj-Napoca (BRK.RO) as well as the company’s shares from trading on the Bucharest Stock Exchange.

Romanian PM Urges Ministers To Cut Staff Spending, Issues Warnings

10:35, 30 Ian. 2009
Romanian Prime Minister Emil Boc said Thursday evening on national television that ministers who refuse to cut staff spending and thus, disregard the government’s recent decision to scarp 20% of jobs in the central public administration, will have to find another job.

Romanian Weapon Warehouse Was Unlocked – Sources

10:34, 30 Ian. 2009
The weapons warehouse in Ciorogarla, near Romania’s capital city Bucharest, was unlocked Wednesday morning and hadn’t been checked for two weeks, people close to the investigation said told MEDIAFAX.

Romanian Govt To Modify Fiscal Code, Introduce Tax Exempt For Reinvested Pft – PM

21:14, 29 Ian. 2009
The Romanian government will modify the fiscal code and approve through an emergency ordinance the absolving of reinvested profit taxation and the compensation of the value added tax, or VAT, with the reimbursed sums from the state through VAT, Prime Minister Emil Boc said Thursday.

Staff Spending To Drop From 8.4% To 7.5% Of The GDP – Romanian Fin Min

21:13, 29 Ian. 2009
Staff expenses will drop from 8.4% of the Gross Domestic Product to 7.5% of the GDP in 2009, while spending on the procurement of goods and services ill drop by 1.5 percentage points, from 6.5% of the GDP to 5% of the GDP, said Romanian finance minister Gheorghe Pogea.

Romanian Govt May Ask IMF, EC For A Loan – PM

21:07, 29 Ian. 2009
Romania has indeed problems with the external deficit financing, but has several options such as taking a loan from the European Commission or the International Monetary Fund, none of the solutions being excluded, Prime Minister Emil Boc said Thursday.

Romanian Govt Has Money For Budget Def, Doesn’t Know It – Ex PM

21:02, 29 Ian. 2009
Romania’s former prime minister Calin Tariceanu said Thursday the country’s National Fund for Development has 11 billion lei (EUR1= RON4.2314), which would enable the Executive to cover the funding deficit, adding there is enough money if the Government knew how to look for it and use it.

Romanian Social Insurance Contributions To Be Up 3.3 Pps In 09 – Fin Min

20:16, 29 Ian. 2009
Romanian social insurance contributions will increase by 3.3 percentage points, similar with the level enforced in the first half of 2008, Finance Minister Gheorghe Pogea said Thursday.

Romanian Govt Plans To Rush Tobacco, Alcohol Excises To Hike Budget Revenues – Fin Min

20:13, 29 Ian. 2009
The Romanian Government plans to rush the adjustment of tobacco and alcohol excises in order to hike budget revenues, Finance Minister Gheorghe Pogea said Thursday.

Tax Exempt For Reinvested Pft To Be Enforced As Of 2010 – Romanian Fin Min

19:49, 29 Ian. 2009
Romania will approve the tax exemption of the reinvested profit through an emergency ordinance that will amend the Fiscal Code, but the measure will come into force as of January 1, 2010, Finance Minister Gheorghe Pogea said Thursday.

Romanian Foreign Affairs Min Worried Over Hate Crime Arson Attempts In Italy

19:42, 29 Ian. 2009
Romania’s Foreign Affairs Ministry expressed concern over the arson attempts aimed at two Romanian-owned stores in Italy, following a crime in Guidonia, and added there are some 1 million Romanians living in Italy, and less than 1% of them are convicted criminals.

Romanian ‘08 Budget Def Widening Not Due To Fincl Crisis – Fin Min

19:16, 29 Ian. 2009
Romania’s budget deficit of 5.2% of the gross domestic product in 2008 was not necessarily fueled by the international financial crisis, and the EU might punish the member states that went beyond 3% of the GDP threshold due to other reasons, Romanian Finance Minister Gheorghe Pogea said Thursday.

Romanian Communications Min To Discuss Infringement With Viviane Reding

18:09, 29 Ian. 2009
Romanian communications minister Gabriel Sandu will meet on February 17, in Prague, with European commissioner for information society and media Viviane Reding, to discuss the infringement procedure initiated when Romania breached EU regulations on the independence of its national telecom regulator.