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Ferrari California To be Launched In Romania Jan ‘09

The latest model of Italian sports car manufacturer Ferrari, California, will be launched on the Romanian market at the end of January, at a price starting from EUR180,000, VAT included.

Romanian President Hoped Liberals Would Have Had A Flexible Stance Following Poll Results

Romanian President Traian Basescu said Monday night on a TV show he tried to convince former Prime Minister Calin Tariceanu to give up his request to stay at the head of the Cabinet instated following the elections, and hoped until the last minute the National Liberal Party would become “flexible”.

Romanian New PM, Ministers Take Over Portfolios

Romania’s new Prime Minister Emil Boc, sworn in Monday, arrived at the government headquarters Tuesday morning to take over his office and talk to his ministers before the Cabinet meeting scheduled for later in the day.

Romanian President Says Constitution Is Ambiguous, Needs Revision

Romanian President Traian Basescu said Monday evening in a TV show that the country’s Constitution needs to be revised and its errors and ambiguities need to be cleared, and the new center-left coalition government has a majority large enough to allow it to look into the fundamental law.

Romanian PM Voices Confidence In Partnership With Pres, MPs And Church

Romanian newly appointed Premier Emil Boc on Monday said he believes in a partnership with the President, the parliament and the Church, arguing the country needs solidarity based on collaboration.

Romania’s New Govt: A Political Compromise For Populace Benefit – President

Romanian President Traian Basescu on Monday said the newly appointed center-left government is the result of a political compromise in the public’s interest, mentioning he finally saw his dream come true, namely a government that won a transparent support in parliament.

Romania’s New Environ Min Eyes To Suspend Car Tax Ordinance

Romania’s designated environment minister, Nicolae Nemirschi, said Monday it will propose the Prime Minister and the government to suspend the ordinance tripling the pollution tax for cars and to amend it in near-time.

Romanian Commerce Chamber Official Sentenced To 5 Yrs In Jail For Corruption

A Romanian court on Monday sentenced the Commerce and Industry Chamber’s representative for Europe, Magda Tepoi, to five and a half years in prison on charges of embezzlement of European funds and corruption.

Romania To Keep Flat Tax, Introduce Fiscal Exemptions For Poor People – Designated PM

Romania’s designated Prime Minister Emil Boc said Monday the flat tax will be maintained, but a series of fiscal exemptions will be introduced for underprivileged categories, thus rejecting the accusations of now outgoing Prime Minister that the new ruling will leave out the flat tax.

Romanian Umbrella Killer Asks For Italy’s President Support

A Romanian national sentenced to 16 years in jail for killing an Italian woman by stabbing her through the eye with an umbrella on Monday sent a letter to Italy’s president asking him to allow her to do time in a special center, where she could take care of her two children.

Romanian Bks Close For Winter Holidays, Units In Malls Open Shorter Hrs

Most bank units in Romania will be closed on December 25 and 26, and on January 1-3, 2009, and only those located in shopping centers will be open and function on a special schedule.

Romania’s Energy Watchdog Confirms Keeping Household Gas, Pwr Prices Unch Jan 1

Romanian household natural gas and electricity prices will remain the same in the first quarter of 2009, while electric power prices for industrial consumers will hike by around 1.5%, Romania’s Energy Authority ANRE confirmed Monday.

Romania’s Cigarette Producers Hike Pk Price By RON0.2 On Higher Excise

Cigarette producers in Romania increased Monday the price of a pack of cigarettes by 0.2 lei (EUR1=RON3.9305), as the minimum excise per 1,000 cigarettes will hike on January 1, 2009.

Romania’s New Govt Eyes Pension Point At 45% Of Gross Avg Wage – Designated PM

Romanian designate Prime Minister Emil Boc told Parliament Monday the new Government eyes reaching a level of the pension point equal to 45% of the gross average wage on economy, if the public system of pensions can sustain the move.

Officials In State Co Boards To Have Rights Suspended One Year – Designated PM

Romania’s designated Prime Minister Emil Boc said Monday in Parliament that dignitaries part of managing boards of state-owned companies will have their rights suspended for a year.

Bucharest Councilors OK RON23.4M Additional Budget Revenues

Bucharest city councilors on Monday approved a budget revision for the Romanian capital, including 23.4 million lei (EUR1-RON3.9305) additional revenues and RON403 million reduced expenses with foreign debts.

Romania’s Rompetrol To Cut Gas, Diesel Oil Prices By RON0.03, RON0.08/Liter

Romania’s second-largest oil company Rompetrol, owned by Kazakhstan's KazMunaiGaz, will cut Tuesday its gasoline pump prices by 0.03 lei (EUR1=RON3.9305) per liter and diesel oil prices by RON0.08 per liter, the company said in a statement.

Romanian Senate Allows Govt To Issue Emergency Decrees During Parliament Recess

Romanian senators decided Monday 114 to one votes to allow the government to issue emergency decrees during the Parliament’s recess.

Romanian President Asks Parliament Consent To Keep Romanian Troops In Iraq In ‘09

Romanian President Traian Basescu sent a letter to Parliament Monday requiring its consent to keep Romanian troops in Iraq in 2009.

Romanian Household Gas, Pwr Prices May Stay Unch Jan 1 – Sources

Romanian household natural gas and electricity prices might remain the same on January 1, 2009, while electric power prices for industrial consumers might be slightly increased, sources within the Regulation Committee of Romania’s Energy Authority ANRE, told MEDIAFAX on Monday.

Romanian Parliament Summoned In Jan To Discuss ’09 State Budget – Sources

Romania’s new ruling coalition formed of democrat liberals and social democrats decided to summon the Parliament in extraordinary meeting in the last week of January to debate the 2009 state budget draft, which they will most likely complete on January 20.

Pvt Individuals In Romania To Pay 16% Tax For Commercial Real Estate Transactions

Private individuals in Romania who carry out real estate transactions for commercial purposes will pay the value added tax, or VAT, of 19%, while a tax of 16% will be levied on this sort of operations, regardless of who performs them.

Romania’s New Cabinet Members Meet Before Parliament Votes On Investiture Monday

The ministers nominated by Romania’s designated Prime Minister Emil Boc are participating in an informal meeting Sunday afternoon at the Palace of Parliament.

Lower VAT For Food Prod Scrapped From Romania’s Final Governing Agenda

The Romanian democrat liberals and social democrats have put away from the final version of the governing agenda the proposal to lower the 19% value added tax, or VAT, to 5% for basic food products and to increase it to 25% for luxury items.

Romania’s Foreign Affairs Ministry Recommends Citizens To Avoid Greek Frontier Point

Romania’s Foreign Affairs Ministry recommends Romanian citizens located in Greece or planning to visit the country to avoid these days the Prohamonas frontier point and the Tempi and Serres areas.

Record-Breaking Santas Get Bucharest In The Guiness Book

Bucharest is now in the Guinness World Book of Records after 3,939 Santas gathered in Romania’s capital and offered gifts to the passersby.

Romania’s Designated Health Min Resigns From Local Ferrari Dealer

Romania’s designated health minister Ion Bazac gave up Thursday the headship of Forza Rossa, the local subsidiary of Ferrari, following his nomination for health minister.

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.