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People Throw Coins At Former Romanian Pres During Commemoration Of Revolution Heroes

Romania’s former president Ion Iliescu encountered hostility on Sunday during the commemoration of the heroes of the 1989 Revolution, as people started to throw coins at the former head of state.

Romanian MPs Approve Nomination Of Theodor Paleologu For Culture Min

The Romanian special parliamentary committees approved Saturday the nomination of Theodor Paleologu for the headship of the Culture, Cults and National Patrimony Ministry.

Romanian MPs Validate Foreign Affairs Min Nomination

Romania’s joined Foreign Affairs Committees approved Saturday the nomination of Cristian Diaconescu for Foreign Affairs Minister.

Romanian MPs Approve Nomination Of Deputy Prime Minister

The joined foreign affairs and economic committees of Romania’s Parliament approved Saturday the nomination of social democrat Dan Nica for Deputy Prime Minister.

Romania’s New Coalition Removes Thesaurus Issue From Govt Agenda

Romanian social democrats and democrat liberals removed from the final form of the governing agenda the disposition regarding the recovery of the country’s Thesaurus in Moscow.

Romanian MPs Validate Nomination Of New Transport Min

Romanian parliamentary committees approved Saturday the nomination of democrat liberal Radu Berceanu for the headship of the Infrastructure and Transportation Ministry, with 31 pros, eight cons and one abstention.

Romanian MPs Approve Nomination Of Constantin Nita For SMEs, Business Environ Min

Romanian parliamentary committees approved the nomination of social democrat Constantin Nita for the headship of the Ministry of SMEs and Business Environment in the next Cabinet, following hearings on Saturday.

Romanian MPs Validate Gabriel Sandu For Communication Min

Romanian parliamentary committees validated Gabriel Sandu for the headship of the Ministry of Communication and Information Society, with 17 votes in favor, two against and one abstention.

Romanian MPs Validate Nomination Of Vasile Blaga For Regional Development Min

The joined committees of the Romanian Parliament approved the nomination of democrat liberal Vasile Blaga as head of the Ministry for Regional Development and Housing, following hearings on Saturday.

Romania’s New Govt Keeps Committee For Litigations In Final Agenda

Romanian democrat liberals and social democrats removed from the governing agenda the disposition regarding the elimination of the National Committee for Litigations (CNSC), operation which was initially seen as a solution for rendering the public acquisition procedures efficient.

Romanian MPs Approve Nomination Of Adriean Videanu For Econ Min

Romanian parliamentary committees approved Saturday the nomination of democrat liberal Adriean Videanu for the economy minister seat in the new Cabinet, with 49 votes in favor and six abstentions.

Romanian MPs Approve Nomination Of New Min In Charge Of The Relation With Parliament

The joined legal committees of Romania’s Parliament approved Saturday the nomination of social democrat Victor Ponta for minister in charge with the Relationship with Parliament, with 28 “pros”, 8 “cons” and no abstention.

Romania’s New Govt Revises Hike Of Gross Avg Wage Earnings For ‘09

Romania’s new Government revised downwards in the final form of the governing agenda the hike of gross average wage earnings and of the gross average wage by minus 40 lei (EUR1=RON3.9497), and sees a falling tendency for the period 2010-2012 compared to the initial estimations.

Romania’s ’09 Budget Def Aim Of 1.7% Of GDP Deemed Relative – Designated Fin Min

Romania's budget deficit will reach, by the end of the year, 4% of the GDP, a level that needs to be significantly reduced in 2009, to 1.7% of the GDP, a somehow relative target, due to global market uncertainties, the designated Finance Minister Gheorghe Pogea said Saturday.

Social Democrat, Democrat Liberal Heads Designate Current Justice Minister For New Mandate

Romanian social democrat and democrat liberal leaders Mircea Geoana and Emil Boc nominated Catalin Predoiu, the country’s current Justice Minister, for a new mandate at the headship of the Justice Ministry in the next Cabinet.

Spain Lifts Labor Restrictions For Romanians, Bulgarians

Spanish authorities on Friday decided to lift labor restrictions in imposed on Romanian and Bulgarian workers, Spanish news agency Europa Press reported.

Bucharest Court Of Appeal Cancels One UDMR Deputy Mandate

The Bucharest Court of Appeal cancelled, Friday, the deputy mandate obtained by Magyar minority party candidate Koto Jozsef in the electoral college of Romanians abroad, following the case opened by Magyar minority party candidate Benedek Imre Sandor against the Central Electoral Office.

Romanian Designate PM Calls For ‘Time Off’ On Teachers’ Pay Hike

Romania’s designate premier Emil Boc on Friday said he asked trade unions and employers’ associations for “time off” regarding the 50% pay hike for teachers, adding authorities will conduct a thorough analysis on the matter.

Romania’s Alro Aluminum Smelter Cuts 1,200 Jobs

Romania’s Alro, the largest aluminum producer in Central and Eastern Europe, owned by Dutch-based Vimetco, announced Friday it is evaluating a 50% cut in production and sacking 1,200 of its operational staff in Slatina, in 2009.

Spanish Police Arrest Romanian Burglary Suspects

Spanish police cracked down on a crime group specializing in burglary, formed mostly of Romanians. Police arrested nine people in the cities Malaga and Granada, daily Diario Cordoba informed online.

Deadline To File Bids For Fondul Proprietatea Manager Extended By Jan 22

The deadline to file initial bids for selecting the manager of Romanian investment fund Fondul Proprietatea was extended from January 15 to January 22, 2009, at the request of financial consultant Schroders, so that the interested companies would have more time to prepare their papers.

Bucharest Mayoralty To Pay RON63M For Street Refurbishment

Bucharest mayoralty will pay 63 million lei (EUR1-RON3.9497) for rehabilitation of ten streets in the city, according to the bid notice.

Romanian Owned Black Sea Glbl Prp Offer EUR37.8M To Overtake Fabian Romania

Black Sea Global Properties Limited, or BSGP, indirectly owned by Romanian businessman Dinu Patriciu, launched an EUR37.8 million offer to overtake the real estate investment fund Fabian Romania Limited.

Over 600 Transporters To Go Bankrupt By Feb On Higher Costs- Transporters Fed

Over 600 transport companies, representing 10% of all companies in the transport sector, will go bankrupt by February 2009, on uncontrolled hike of taxes and duties, loans interests and infrastructure status, according to Federation of Romanian Transport Operators FORT.

Romania CNVM Suspends Public Offers On Stock Exch Dec 24-Jan 2

Romanian Securities Commission CNVM suspended Thursday by emergency ordinance the public offers developed on the Bucharest Stock Exchange between December 24 and January 2, 2009, with the possibility of being subsequently extended.

Romania’s Senate Validates New MP Mandates

The Romanian Senate validated in its plenary meeting Friday morning, by majority of votes, the mandates of its members elected in the parliamentary polls on November 30.

Romania Transylvania Highway Employees On Leave Until Jan 5

The 2,500 people engaged in construction works on Transylvania Highway, linking central Brasov to western Bors in Romania, will be sent on leave during the winter holidays, but the activity will be resumed on January 5, 2009 unless US constructor Bechtel is considering massive layoffs.

Kraft Foods Romania Employees, Mgmt Continue Dispute Over Severance Pay

Unionists of candy and coffee maker Kraft Foods Romania, which will shut down its chocolate factory in Brasov, central Romania, said the management on Thursday offered an ultimatum, urging them to accept its severance pay for employees, but the company’s general manager, Lacklan Grave, dismissed any allegations.

Romania 11-Mo New Car Sales Dn 10.4% YY To 257,941 Units

New car sales in Romania dropped 10.4% on the year to 257,941 units in the first eleven months, the Automotive Manufacturers and Importers Association, or APIA, said in a statement Thursday.

Romanian Govt Forced To Issue G.O.s To Make EU Accession Possible – PM

The Romanian government had to issue “massive” emergency ordinances in the first two years of ruling to make the EU accession possible, or the country could not have become a member state prior to 2020, according to the government activity report presented by outgoing premier Calin Popescu Tariceanu on Thursday.

Romanian PM Confirms State Aid For Dacia, Car Parts Suppliers

Romanian outgoing premier Calin Popescu Tariceanu on Thursday confirmed information about a government bailout plan to help French carmaker Renault’s local unit Dacia and four car parts suppliers support production.

Renault Asks Romania For State Aid, Guarantees In EUR310M Invest

French automaker Renault asked the Romanian Government for a EUR15.4 million state aid and might also ask for state guarantees for a EUR100 million European Investment Bank (EIB) loan, for EUR310 million investments in the group’s Romanian Dacia factory in Mioveni and car testing center in Titu.

Romania’s Rompetrol Group Delists Rompetrol SA Shrs From Rasdaq Mkt

Romanian Securities Commission CNVM suspended Thursday the shares trading of Rompetrol SA, operator of Vega refinery, following the majority stockholder delisting procedure from Rasdaq market.

Austria’s Voestalpine Scraps Plans To Secure Land In Romania

Austrian steelmaker Voestalpine on Thursday said it has abandoned plans to secure a potential site in Romania’s southeast city of Constanta in view of an estimated EUR5 billion investment to build a steel mill in the Black Sea area.

Microsoft Romania Lowers ‘08 Turnover Growth Expectations To 20%

Microsoft Romania, the local division of U.S. software giant Microsoft, revised its 2008 turnover growth forecast down 15 percentage points, to 20%, because of the financial crisis, company general manager Calin Tatomir said Thursday.

EXCLUSIVE: Romanian Chief Anticorruption Prosecutor Has Mandate Extended Until End March

Romania’s chief anticorruption prosecutor Daniel Morar was delegated to head the National Anticorruption Department, or DNA, for another 90 days starting January 1, 2009.

Romanian Social Democrats Select Minister Candidates

The leaders of Romania’s Social Democratic Party met Thursday and validated the candidates for minister seats in the new Cabinet.

Steaua Owner Indicted In Match-Fixing Case

FC Steaua Bucuresti owner Gigi Becali on Thursday was indicted in the “Suitcase” file on charges of bribery and false testimony.

Romanian Leu Exch Rate Plunges To 4-Yr Low, At RON3.9530 Vs Euro

The Romanian leu depreciated against the euro during the Thursday trading session, and the central bank computed an indicative of RON3.9530 to the euro, a four-year low.

Romanian Democrat Liberals Select Minister Candidates

The leaders of Romania’s Democratic Liberal Party met Thursday morning and validated the candidates for minister seats in the new Cabinet.