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Romanian ’08 FDI At EUR9.02B, Up 24.4% Y-Y – Ctrl Bk

10:40, 12 Feb. 2009

Foreign direct investments (FDI) in Romania rose to EUR9.02 billion in 2008, up 24.4% on the year, the central bank said Thursday.

Romania’s ’08 Curr Acct Gap Widens 1.2% To EUR16.87B

10:18, 12 Feb. 2009

Romania’s current account deficit rose by 1.2% in 2008 to EUR16.87 billion, from EUR16.67 billion in the previous year, mainly driven by a higher trade deficit, the central bank said in a statement Thursday.

Romania’s Jan Inflation +1.24% M-M, Annual CPI Widens To 6.71%

10:11, 12 Feb. 2009

Romanian consumer price index rose by a higher than expected 1.24% in January, compared with the previous month, and the annual inflation widened to 6.71%, from 6.3% end-December, the National Statistics Institute, or INS, reported Thursday.

Romanian Rock Band Iris Frontman In Germany For Medical Tests

10:08, 12 Feb. 2009

Cristi Minculescu, the lead singer of Romanian rock band Iris, is currently in Germany for medical tests regarding a hereditary illness, band drummer Nelu Dumitrescu, told MEDIAFAX.

Romanians Subject To Discrimination By Magyar Auth In C Romania –President

09:52, 12 Feb. 2009

Romanian President Traian Basescu warned the government on Wednesday that there Romanians are often subject to discrimination in the counties of Harghita and Covasna, central Romania, where the mayors are Hungarians.

Italian FM Stunned By Romania’s Allegations Of Xenophobic Behavior – Press

20:05, 11 Feb. 2009

Italian Foreign Minister Franco Frattini on Wednesday voiced his surprise over Romanian counterpart’s allegations of xenophobic behavior among Italian officials, saying his country has always been a place of “tolerance and hospitality,” news agency Adnkronos reported.

Romanian Pres Asks Govt To Settle Sterling’s Black Sea Exploitation Issue

19:46, 11 Feb. 2009

Romanian president Traian Basescu asked Wednesday the Government to settle the issue regarding the blocks in the Black Sea that are exploited by Canada’s Sterling Resources.

Romanian Pres Wants Clean Secretaries Of State

19:27, 11 Feb. 2009

Romanian president Traian Basescu said Wednesday, at the ceremony in which the interior minister was sworn in, that "there are controversial secretaries of state," adding two secretaries of sate are mentioned in debates on connections with the oil segment.

Romanian Pres Deplores Alleged Media Campaign Against Govt

19:25, 11 Feb. 2009

Romanian president Traian Basescu accused mass-media company owners of trying to discredit the state’s authorities and asked the government counter this thesis through its actions.

Romanian Cos Benefit From RON2.38B In State Aid – Privatization Auth

18:46, 11 Feb. 2009

Romania’s privatization authority AVAS has granted so far state aid worth 2.38 billion lei (EUR1-RON4.2729) to 80 companies, AVAS president Mircea Ursache said Wednesday.

Embassies Ask Romanian PM To Raise Pvt Pension Contribution At 2.5% This Yr

16:36, 11 Feb. 2009

Five diplomats of the countries dominating the private pension market in Romania, with a market share of over 80%, asked prime minister Emil Boc to reconsider the decision to freeze the level of contributions to private pensions, as the 2% level would have long term effects on future pensioners.

Romania To Lower Car Tax, Pay Back Tax Differences

16:35, 11 Feb. 2009

Romania’s pollution tax on cars will be reduced from the current values which is triple compared to July 2008 and vehicle owners who paid the tripled tax might get their money back.

Danube Delta Governor Liviu Mihaiu Dismissed – Romanian Environment Min

16:28, 11 Feb. 2009

Journalist Liviu Mihaiu will no longer be the Governor of Romania’s Danube Delta, environment minister Nicolae Nemirschi said Wednesday, after the Government meeting.

Romania’s Former PM To Solve Black Sea Resources Scandal In Court

16:08, 11 Feb. 2009

Romanian former Prime Minister Calin Popescu Tariceanu said Wednesday he would solve the scandal related to Black Sea reserves lease to Canadian company Sterling Resources in court, as he "would not tolerate the lies of" ex-secretary of state Iulian Iancu and of current Premier Emil Boc.

Romanian Pres Signs Decrees Appointing Dan Nica Deputy Premier, Interior Min

15:34, 11 Feb. 2009

Romanian president Traian Basescu Wednesday signed the decrees appointing Dan Nica interior minister and deputy prime minister.

Snow, Blizzard Expected In Northern, Eastern Romania Thursday

15:34, 11 Feb. 2009

Meteorologists issued a yellow code warning, expecting snow and blizzards in northern, central and eastern Romania Thursday through Friday morning.

European Commission Presents Justice Report On Romania Thursday

15:31, 11 Feb. 2009

The European Commission will present the monitoring report on the Romanian justice system Thursday, Commission spokesman Mark Gray said in a press conference Wednesday.

International Drug Distributors Import From Romania On Price Freeze

13:28, 11 Feb. 2009

International drug distributors took advantage of the recent drug price freeze and the depreciation of the Romanian leu against the euro to buy pharmaceutical products from Romania at low prices and resell them on their main markets.

Romania’s Kronospan Sebes Puts 100 Employees On Technical Unemployment

12:59, 11 Feb. 2009

Romania’s wood panel producer Kronospan Sebes temporarily ceased Wednesday its MDF (medium-density fibreboard) production line, sending on technical unemployment around 100 out of its total 500 employees, the company announced Wednesday.

Romanian Border Police Find 60 Gas Pistols In Bulgarian Citizen’s Luggage

11:44, 11 Feb. 2009

The border police in Arad, western Romania, found on Tuesday night 60 gas pistols in the luggage of a Bulgarian citizen traveling by train to Bucharest from Vienna.

Romania’s Housing Agency ANL Has New GM As Of Wed

20:25, 10 Feb. 2009

Pavel Belinski, councilor in Romania’s southern county of Olt and former owner of a construction company, will replace Gheorghe Popescu on Wednesday in the position of general manager of the National Housing Agency ANL.

Junk Car Program To Function As Of March ’09 – Romanian PM

20:03, 10 Feb. 2009

Romanian Prime Minister Emil Boc said after the meeting with the headship of the Romanian carmaker Dacia that the Rabla program (“Junk Car”) will be enforced as of March.

Romania’s Lower House Committee OKs Biometric Passports

18:26, 10 Feb. 2009

The Defense Committee of Romania’s Chamber of Deputies on Tuesday approved an ordinance on the introduction of biometrics indentifiers in national passports.

Hungarian Police Offers Reward For Information On Third Murder Suspect

18:05, 10 Feb. 2009

The Hungarian police offers a EUR3,500 reward to the person who offers information leading to the arrest of Sztojka Ivan, suspect in the murder of Romanian handball player Marian Cozma, Magyar media reported.

Romanian High Court Of Justice Suspends Trial Of Ex Ministers, Sends File To Const Court

16:44, 10 Feb. 2009

The trial in which Romanian former ministers Decebal Traian Remes and Ioan Muresan are indicted on corruption charges was suspended and the file was sent to the Constitutional Court, as the High Court of Justice admitted their lawyers’ request to this purpose.

Pastry Shop In Central Romania Sells „Obama” Chocolate Croissants

15:29, 10 Feb. 2009

The owner of a pastry shop in the central Romanian city of Alba Iulia has found a new way to boost sales by naming one of his pastry products "Obama”, to honor the new U.S. president.

Ford Craiova Asks Local Auth To Stop Construction Near Car Plant

15:23, 10 Feb. 2009

The management board of Ford Romania Tuesday asked local authorities in Dolj, southern Romania, to intervene and to stop the issuing of authorizations to build homes near the car plant in Craiova.

Romanian Govt Control Body Checks All State Auth Related To Black Sea Lease

15:17, 10 Feb. 2009

Romania’s Government Control Body began to check, at the Government's General Secretariat, the Prime Minister's Chancellery and the ministries of Justice, Environment, Foreign Affairs, all the documents allowing Canada’s Sterling Resources to extract crude oil and natural gas from the Black Sea.

European Court Of Justice Rules Against France Over Free Movement Of Romanians, Bulgarians

15:01, 10 Feb. 2009

The European Court of Justice ruled against France Tuesday for failing to transpose into national legislation all the provisions regarding the free circulation of Romanian and Bulgarian citizens, whose countries joined the European Union in 2007, AFP reported.

Romanian Father’s Day, Mother’s Day Law Submitted To Parliament

14:57, 10 Feb. 2009

Romanian democrat liberal MP Mircia Giurgiu told MEDIAFAX he has submitted in the Chamber of Deputies the draft law "instating Father’s Day and Mother’s Day."

Sterling-Exploited Black Sea Blocks Contain Unevaluated Gas Quantity

14:57, 10 Feb. 2009

The blocks in the Black Sea that are exploited by Canada’s Sterling Resources contain natural gas, but their exact quantity has not been evaluated yet, the president of Mineral Resources Agency ANRM, Gelu Agafiel Maracineanu, said Tuesday.

ArcelorMittal Unionists Protests In E Romania, In Ten European Countries, Brussels

14:52, 10 Feb. 2009

Nearly thirty employees of the steel mill ArcelorMittal in Galati, eastern Romania, are protesting Tuesday since noon at the entrance of the steel mill, while protests are organized simultaneously in other ten European countries where the group is present, and in Brussels.