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Romanian Waste Collector Protan Won’t Halt Activity – Agr Min

15:16, 13 Nov. 2008
Romanian agriculture minister Dacian Ciolos said Thursday that non-hazardous waste collector Protan SA won’t halt its activity in all eight branches nationwide to protest against the non-payment of over EUR4 million owed subsidies, as the company still has to observe its contract.

Romanian PM Reiterates Govt’s Plan To Counter Economic Crisis

15:03, 13 Nov. 2008
Romanian Prime Minister Calin Tariceanu reiterated Thursday that the government has a plan to stimulate investment, protect jobs and the banking system to counter the effects of the international financial crisis.

Remittances From Romanians Abroad To Reach $9B In ’08 – World Bank

15:00, 13 Nov. 2008
Remittance flows of Romanians working abroad will rise this year to $9 billion, compared with $6.8 billion as estimated for 2007, ranking the country on the 8th position in the top 10 recipient countries worldwide, according to a World Bank study.

Bucharest Court Arrests One Of The Two City Hall Bribery Suspects

14:58, 13 Nov. 2008
The Bucharest Court issued a 25-day arrest warrant for one of the two City Hall clerks detained by the National Anticorruption Department on charges of soliciting bribery.

Romania Might Use Road Section On Transylvania Highway In Nov ‘09

13:59, 13 Nov. 2008
Forty kilometers on the Campia Turzii-Gilau section of Romania’s Transylvania Highway, linking central Brasov to western Bors, will be ready to use in November 2009 if two connection roads with northwestern Cluj-Napoca are completed in due time, highway project manager Radu Gaspar said Thursday.

Romania’s Bucharest-Danube Canal Might Cost EUR500M – Official

13:45, 13 Nov. 2008
The canal linking Danube river and Romania’s capital city Bucharest might cost around EUR500 million, but its exact value will be established after the completion of the feasibility study, Ovidiu Cupsa, general manager of the national navigable canals authority ACN, said Thursday.

Romanian PM Says He Warned 6 Mo Ago That Used Car Imports Would Hit Jobs

13:44, 13 Nov. 2008
Romanian Prime Minister Calin Tariceanu said Thursday that he warned months ago that excessive used car imports would kill jobs in the local auto industry.

Romania 10 Mo Used Car Registrations Doubled On Yr, New Car Registrations Dn 2.4%

11:45, 13 Nov. 2008
The number of used car registrations in Romania increased 104.8% on the year in the first ten months, to 205,086 cars, while new car registrations decreased 2.4%, to 252,935 cars.

Romanian Car Mkr Dacia Halts Production On Nov 13, 14

10:44, 13 Nov. 2008
Romanian car maker Dacia will halt production on November 13 and 14 at its plant in Mioveni, southern Romania, after it previously halted operations on October 30 and 31, citing lower demand on the local and export markets.

Head Of Control Dept Within Romanian Govt Resigned – Sources

19:38, 12 Nov. 2008
Emanoil Negut, the head of the Control Department within the Romanian Government, resigned from his position, and Prime Minister Calin Tariceanu signed the decision ceasing his mandate through bilateral agreement, Government sources told MEDIAFAX.

Romanian Govt Reminds New Decree On Teachers’ Wages Is Effective

17:16, 12 Nov. 2008
The Romanian government said Wednesday it will wait for the Constitutional Court’s motivation on its ruling regarding the decree postponing a 50% pay increase for teachers, which the government had annulled in the meantime, government spokeswoman Camelia Spataru said.

European Commission Heralds New Dawn For The Curvy Cucumber

16:51, 12 Nov. 2008
Curvy cucumbers and wonky fruit and vegetables will return to European Union markets unrestricted, according to a proposal of the European Commission to repeal standards for 26 types of fruit and vegetables in its “ongoing efforts to streamline and simplify EU rules and cut red tape".

Kraft Foods Shuts Down Romanian Chocolate Factory By End 2009

16:50, 12 Nov. 2008
Candy and coffee maker Kraft Foods Romania will shut down its chocolate factory in Brasov, central Romania, and will relocate activity to other units.

Romanian Const Court Deems Unconstitutional The Referendum – Elections Law

16:26, 12 Nov. 2008
Romania's Constitutional Court accepted Wednesday president Traian Basescu’s notification on the law stipulating that referendums can be held in parallel with the presidential, parliamentary or European Parliament elections.

More Than 30% Of Romanian Lawmakers Did Nearly Nothing In Past Mandate – Study

16:11, 12 Nov. 2008
The activity of more than one third of Romanian lawmakers was poor, even insignificant, over the past four years, according to a report issued Wednesday by the Romanian institute "Qvorum".

Romanian Const Court Deems Unconstitutional Annulled Govt Decree

15:11, 12 Nov. 2008
Romania’s Constitutional Court ruled Wednesday that the government decree postponing a 50% raise in teachers’ wages was unconstitutional, even though the government notified the court Tuesday it had repealed the decree.

Romania’s 9-Mo Curr Acct Def Widens 14.75% On Yr To EUR12.7B

15:03, 12 Nov. 2008
Romania’s current account deficit soared 14.75% on the year in January-September, to EUR12.7 billion, from EUR11.07 billion in the same period a year earlier, driven by a wider trade deficit, the central bank said in a statement Wednesday.

State Funds Are Insufficient For Bucharest’s Future Airport – Romanian Official

15:01, 12 Nov. 2008
Romania’s future airport in the south of capital city Bucharest cannot be built from state funds alone, according to Sorin Stoicescu, air flotilla general and former head of the Civil Aviation Department within Romania’s Transport Ministry.

Bucharest Mayor To Meet With Disgruntled Cab Drivers Thursday

14:06, 12 Nov. 2008
Bucharest general mayor Sorin Oprescu told MEDIAFAX Wednesday he will meet Thursday with the representatives of taxi drivers, to discuss their complaints regarding the taxi driving licenses.

Romanian Light Car Accidents To Be Settled Amiably, No Police Required As Of July ’09

13:42, 12 Nov. 2008
The amiable solution of traffic accidents resulting in mild damage could become operational on July 1, 2009, when the Insurance Surveillance Committee receives approval from the EU for the form on amiable acknowledgement.

Russia Might Not Include Romania In South Stream Proj – Schroeder

13:31, 12 Nov. 2008
Russia might not include Romania in the gas pipeline project South Stream, although there are talks in Romania on the need to involve the country in the project, former German chancellor Gerhard Schroeder said Wednesday in Bucharest, during an international conference on energy issues.

Romanian PM Accuses Leftist Parties Of Double-Speak

13:28, 12 Nov. 2008
Romanian Prime Minister Calin Tariceanu told ministers in the Cabinet meeting Wednesday that he would sent political parties a letter inviting them to sign the agreement of the law regulating public sector wages, adding leftist parties use double-speak and make ungrounded promises.

Romanian Bks To See Escalation Of Phishing Attacks To 300 Cases In ‘09

13:25, 12 Nov. 2008
Romania will register nearly 300 phishing attacks in 2009, ten times more compared to the number reported this year, which translates into higher losses following the increase in the number of online banking users, according to antivirus applications producer BitDefender.

Fees On RCA Policies Fail To Cover Insurers’ Costs – Romanian Insurance Commission

13:24, 12 Nov. 2008
Damage claims on the segment of compulsory civil liability car insurance RCA are higher than premiums, which indicates that RCA fees do not cover insurers’ obligations toward their clients, Constantin Buzoianu, vice-president of Romania’s Insurance Supervisory Commission (CSA), said Wednesday.

All But One Romanian Unions Refuse To Sign Public Sector Pay Agreement With Govt

19:39, 11 Nov. 2008
Romanian Prime Minister Calin Tariceanu today invited the unions and Parliament party representatives to sign an agreement on the base principles for the public sector salary law.

Online Stores In Romania Seen Up 50% Annually, To 3,000 Stores In 2011 – Study

15:17, 11 Nov. 2008
The number of online stores in Romania is seen increasing by an annual 50%, to reach 3,000 functional e-commerce stores in 2011, according to a study ordered by Romania’s National Communication Authority, or ANC.

Second-hand Car Imports Jeopardize Local Carmakers’ Activity, Jobs – Dacia Manager

14:53, 11 Nov. 2008
The import of second-hand cars jeopardizes the activity of Romanian carmakers and jobs in the local auto industry, Automobile Dacia general manager Francois Fourmont said Tuesday.

Romanian Football Club Rapid Officials Quit Amid Financial Problems

14:25, 11 Nov. 2008
The members of the board of directors of football club Rapid Bucharest resigned Tuesday, citing financial problems at the football club, FC Rapid board member Alexandru Bunea said Tuesday.

Romanian Const Court Delays Ruling On Wage Delay After Govt Annuls Decree

14:18, 11 Nov. 2008
Romania’s Constitutional Court postponed for Wednesday a decision on the legality of the government’s decree postponing a 50% raise in teachers’ wages, as the government said it has issued a new one overriding it.

Romanian Justice Min Announces Completion Of Criminal, Civil Codes

13:18, 11 Nov. 2008
Romanian justice minister Catalin Predoiu said Tuesday the country’s Criminal and Civil Codes, and their respective procedure codes, have been completed.

Romania’s ArcelorMittal Hunedoara To Cease Production Due To Econ Crisis

12:53, 11 Nov. 2008
Romania’s steel plant ArcelorMittal Hunedoara, owned by UK-based giant ArcelorMittal, will halt its production for approximately two months due to the economic crisis, and the company’s 1,200 employees will be forced to take vacation.

Romanian School Teachers’ Base Wage To Increase To RON1,599 As Of Sept ‘09

12:48, 11 Nov. 2008
The base salary of Romanian school teachers with a seniority of six to ten years will increase to 1,599 lei (EUR1=RON3.7482) in September 2009 from the current RON1,416, while a debutant will earn RON1,399 a month, from the current RON1,134.

Romanian Govt Notifies Constitutional Court On Annulment Of Act Delaying Teachers’ Pay Raise

11:55, 11 Nov. 2008
The Romanian government notified the Constitutional Court Tuesday that it repealed Monday the emergency ordinance postponing until April next year the enforcement of the law raising teachers’ wages by 50%, and the decision was sent to be published in the Official Gazette.

Romanian Children Poisoned With Non-Freezing Lubricant In Stable Condition

11:37, 11 Nov. 2008
The five children in Barla, in southern Romanian Arges county, who were taken Monday evening to Bucharest’s emergency hospital "Grigore Alexandrescu" with non-freezing lubricant poisoning are in stable condition and will remain in the hospital for the next 72 hours to receive medical care.

Romania’s Oct Inflation 1.06% M-M, 7.39% Y-Y; Higher Prices For Services, Food

10:06, 11 Nov. 2008
Romania’s inflation soared 1.06% on the month in October, rising slightly to 7.39% on the year, driven largely by an increase in prices for services and food products, the National Statistics Institute reported Tuesday.

Fitch Downgrades Five Romanian Banks, Affirms Banca Transilvania

20:12, 10 Nov. 2008
Fitch Ratings has downgraded on Monday five Romanian banks, namely BCR, BRD-GSG, Bancpost, UniCredit Tiriac Bank and Banca Romaneasca and affirmed Banca Transilvania’s rating, following Romania’s sovereign rating downgrade earlier the day, the rating agency announced.

Romanian Car Mkr Dacia To Halt Production Between Nov 20, Dec 7

19:09, 10 Nov. 2008
Romanian car maker Dacia announced Monday it will halt production between November 20 and December 7, due to decreases in the local and foreign markets. Dacia previously used this measure for another four days, on October 30-31 and on November 13-14.

Romania Housing Agency Tenants To Be Able To Contract Mortgage Loans

19:06, 10 Nov. 2008
Tenants of the Romanian National Housing Agency will be able to take out mortgages on the homes to contract loans with the purpose of buying the apartments they are currently renting, while banks will be able to sell, at any time, the mentioned homes, if loans aren’t returned.

ECHR To Decide If Romanian Television Can Be Broadcast In Moldova

15:06, 10 Nov. 2008
The management board of the Romanian Television Company (SRTv) approved the continuation of legal actions to regain the right to broadcast the TVR1 channel in the Republic of Moldova. The company formulated a request in this respect at the European Court for Human Rights, said a press release.

Fitch Cuts Bucharest, Oradea Ratings, After Romania’s Sovereign Cut

14:53, 10 Nov. 2008
Fitch Ratings has downgraded the Long-term foreign currency ratings of the Romanian cities of Bucharest and Oradea to 'BB+' from 'BBB-' (BBB minus) and revised both cities' outlooks to negative from stable, the ratings agency announced Monday.