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Romanian Pres Calls For Unitary Approach In Nabucco Proj

19:31, 22 Oct. 2008
Romanian president Traian Basescu said Wednesday that Romania supports the development of renewable energy sources and the diversification of electric power transport routes, and also stressed upon the speeding up of Nabucco pipeline project.

Romania Keeps Income Tax Exemption For IT Programmers

19:30, 22 Oct. 2008
Romanian IT programmers will be exempt from income tax in 2009 as well, as the authorities decided to further encourage the development of the IT&C sector, Economy and Finance minister Varujan Vosganian said Wednesday.

Romania Public Agencies Chiefs, Undersecretaries Of State Paid The Same

18:49, 22 Oct. 2008
The Romanian authorities Wednesday decided the heads of state-run companies are to obtain monthly basic wages equal to the ones earned by undersecretaries of state, Premier Calin Popescu Tariceanu said.

Romanian Ex Education Min Under Anticorruption Investigation – Sources

18:48, 22 Oct. 2008
Romanian former education minister Cristian Adomnitei is under investigation by anticorruption prosecutors, along with liberal MP Relu Fenechiu, for the manner in which the transformers were purchased from several companies in Iasi city, legal sources informed.

Romanian Prosecutors Indict 80 People In Internet Fraud Case

17:30, 22 Oct. 2008
Romanian prosecutors with the Department for the Investigation of Organized Crime and Terrorism indicted 80 people on charges of fraud and money laundering in the case targeting Internet auction fraud.

Romanian PM Sends Salary Hike Effects Briefing To Pres

17:23, 22 Oct. 2008
Romanian Prime Minister Calin Tariceanu sent to president Traian Basescu a letter with the additional data requested by the head of state regarding the economic impact of the salary hikes in education, the pension hikes for labor groups I and II and aid for mothers.

Romanian Politician Proposes Lower VAT On Condoms

16:36, 22 Oct. 2008
Victor Negrescu, running for a seat in the Romanian Parliament along the social democrat and conservative alliance, proposed a cut in value added tax on condoms, citing people’s ever more active lives and the medical aspects entailed.

UPDATE: Romanian Govt Postpones Approval Of ’09 Budget For Next Wk – Sources

16:24, 22 Oct. 2008
The Romanian Government has postponed for next week the approval of next year’s budget draft, but approved the social security budget, sources told MEDIAFAX.

Romanian Witnesses Say Mailat Could Be Innocent In Character Testimony

15:14, 22 Oct. 2008
The two witnesses heard Wednesday in a videoconference at the Romanian Alba Iulia Court of Appeal, in the trial in which Romulus Mailat is charged in Rome with murdering, robbing and sexually assaulting Italian Giovanna Reggiani, believe Mailat is innocent.

Romania Falls 7 Places To 42nd In ‘08 World Press Freedom Ranking

14:44, 22 Oct. 2008
Romania fell seven places to 49th from 42nd in the 2008 world press freedom ranking published by Paris-based Reporters Without Borders Wednesday.

Romanian Pvt Auth Head Invites Hidropower Unionists For Talks

14:35, 22 Oct. 2008
Teodor Atanasiu, head of Romanian privatization agency AVAS, invited Wednesday for talks the leaders of union federation Hidrosind, representing the employees in state-owned hydropower generator Hidroelectrica, who protest in front of AVAS headquarters against the setup of the national power holding

High Money Mkt Rates Push Romanian Leu Up Vs Euro

14:18, 22 Oct. 2008
Interest rates on the Romanian monetary market increased on Tuesday to almost 57% on a consequent liquidity shortage, driving the Romanian leu to 3.5909 against the euro.

Romanian Transporters Say Hungarian Control Bodies Fine Them Excessively

14:10, 22 Oct. 2008
Hungarian road control bodies fined Romanian transporters and drivers over EUR20 million since the beginning of the year, money Hungary used to upgrade its road infrastructure, the Romanian Federation of Transport Operators, or FORT, said Wednesday.

Frozen Conflicts Are Black Sea Area’s Soft Spot – Romanian President

13:58, 22 Oct. 2008
Romanian President Traian Basescu said Wednesday in Constanta, on the Black Sea coast, where he attended a conference on security in the Black Sea area, that the region’s soft spot is in frozen conflicts that can be reignited at any time.

Ctrl Bker: Foreign Curr Transfers From Romanians Abroad To Shrink

13:32, 22 Oct. 2008
Foreign currency transfers from Romanians working abroad will significantly shrink in the next period, due to the decline in Western economies, but the foreign investments will keep on growing despite the real estate market’s slowdown, central bank deputy governor Eugen Dijmarescu said Wednesday.

Romanian Ctrl Bker: Key Rate Adjustment Is Not Necessary

12:50, 22 Oct. 2008
The monetary policy key rate should be left unchanged at the next meeting of the National Bank of Romania’s Board, which would consider other measures, to suit the current market status and with short term effects, central bank deputy governor Eugen Dijmarescu said Wednesday.

Transport Min Attends Underground Passageway Opening S Romania

12:30, 22 Oct. 2008
Romania’s transport minister Ludovic Orban attended Wednesday the opening of the 730-meter underground passageway in Bascov, in Romania’s southern county of Arges.

Romanian Family Doctors To Have Drug Prescription Threshold In ‘09 – Draft Law

12:15, 22 Oct. 2008
Romanian family doctors will dispose of a certain sum for compensated medication prescriptions, with or without patient contributions to ambulatory treatment, other than those included in national healthcare programs, according to a draft normative act up for public debate.

Prosecutors Hear Nearly 25 Romanian Youngsters On Alleged Internet Fraud

11:50, 22 Oct. 2008
Nearly 25 young people appeared Wednesday before the prosecutors of the Valcea Department for the Investigation of Organized Crime and Terrorism and the police officers with the Brigade Fighting Organized Crime to answer questions targeting suspicion of Internet auction fraud, judiciary sources said.

Winter Break Tourist Packs 10-20% More Expensive Than In 2007 – Romanian Tourism Agencies

11:44, 22 Oct. 2008
Prices for winter holiday tourist packs increased 10-20% compared to 2007 for both domestic and foreign destinations, driven by higher fuel and utility bills, Romanian tourism agencies official said Wednesday.

Italy’s Marcegaglia To Set Up Car Parts Plant NW Romania

20:56, 21 Oct. 2008
Italian cold steel re-roller and tube maker Marcegaglia will invest some tens of million of euros in a car parts and damping device plant in Tetarom III industrial park, in Jucu, Cluj County, northwestern Romania, which will create up to 500 jobs.

Transgaz Denies Talks With Gazprom On Involving Romania In South Stream Proj

19:40, 21 Oct. 2008
Officials in Romania's state-owned gas pipeline operator Transgaz (TGN.RO) claim they did not discuss last week in Moscow with the representatives of Russian natural gas monopoly Gazprom about the possibility to include Romania in the South Stream gas pipe project, as the media said.

Romania, Hungary To Mutually Recognize Diplomas

17:13, 21 Oct. 2008
The Romanian and Hungarian governments agreed Tuesday in a joint meeting in Szeged, Hungary, that diplomas granted by the education institutions accredited in both countries will be mutually recognized.

Bechtel Holds Romania’s Transylvania Highway Back, Not Funding – Romanian PM

16:49, 21 Oct. 2008
The problems with the construction of the Romanian highway between Brasov and Bors are not brought by the lack of budget funding, but by the inability of American company Bechtel to observe contract provisions, Romanian Prime Minister Calin Tariceanu said Tuesday.

Romanian PM Abandoned All Hope That Lawmakers Will Adopt Natiaonl Minorities’ Law This Year

16:40, 21 Oct. 2008
Parliament debates on the statute of national minorities will be inherited by Romania’s future government, Romanian Prime Minister Calin Taricaenu said Tuesday, adding there is no hope the law would be adopted in the current parliament session.

Romanian Healthcare Employees Demand Higher Wages, Threaten General Strike

15:46, 21 Oct. 2008
Members of Romania’s Sanitas Federation threaten to stage protests in capital city Bucharest on Nov 4 and a general strike on Nov 20, considering that health minister Eugen Nicolaescu went aboard although they had to meet Tuesday and discuss potential wage hikes for employees in the healthcare system.

Road Toll Stickers For Romania, Hungary Available In Customs Points

15:32, 21 Oct. 2008
Romanian car drivers who travel to Hungary and Hungarian drivers who enter Romania can buy road toll stickers at customs Nagylak and Varsand, and by end-October, the stickers will also be available in other border crossing points.

Bucharest Public Finance Auth Forecloses TV Station

15:07, 21 Oct. 2008
Bucharest’s District 3 Public Finance Administration foreclosed the company Ocram Televiziune SRL, by cashing 847,500 lei (EUR1=RON3.6207) following 82 decisions of the National Audiovisual Council (CNA) to fine the television station OTV, between January 1, 2004 and September 30, 2008.

Ctrl Bker: Romanian Cos Should Speed Up EU Funds Attraction Process

14:42, 21 Oct. 2008
Romanian companies should speed up the process of attracting EU funds, as financing from banks will become more expensive, given the current international financial crisis, central bank deputy governor Eugen Dijmarescu said Tuesday.

Number Portability Tariffs In Romania Set At EUR11/13

14:41, 21 Oct. 2008
Mobile network operators and hard-line operators will have to pay EUR11 and EUR13, respectively when a client wishes to switch to a different telecom operator and keep the number, Liviu Nistoran, head of Romania's telecom regulator ANC, said Tuesday.

EC Backs Lower Mobile Interconnection Tariffs In Romania

13:56, 21 Oct. 2008
The European Commission endorses Romania’s IT&C authority ANC in its move to lower interconnection tariffs for mobile telephony networks, spokesman of EU commissioner for Information Society and Media, Martin Selmayr, said Tuesday.

Romanian PM Calls For Romania, Hungary EU Coordinated Strategy In Pwr Field

13:38, 21 Oct. 2008
Romania and Hungary should coordinate their electric power strategies at a European Union level and should complete, as soon as possible, the inter-governmental agreement on Nabucco pipeline, Romanian Prime Minister Calin Tariceanu said Tuesday.

Romanian Senators OK Creation Of New Commission In Charge Of Revolutionary Certificates

13:31, 21 Oct. 2008
The Romanian Senate adopted Tuesday an amendment to the law on gratitude toward martyr heroes of the 1989 Revolution, creating a new commission to certify the authenticity of revolutionaries’ certificates.

Romanian Presidency Submits Education Strategy For Public Debate

13:30, 21 Oct. 2008
The leader of the presidential commission on education, Mircea Miclea, drafted a strategy for the upgrade of education, based on the propositions made by some of the participants in the Pact for Education.

Court Allows Medical Expertise For Romanian Ex General Stanculescu

13:01, 21 Oct. 2008
The Bucharest Military Court allowed Tuesday the request made by Victor Athanasie Stanculescu for a medical expertise at the National Forensic Medicine Institute, meant to establish of Stanculescu can carry out his 15 year sentence in prison.

Telecom Op Vodafone Romania To Cover Number Portability Costs By Yearend

12:26, 21 Oct. 2008
Telecom operator Vodafone Romania, owned by giant telecom group Vodafone, will cover all portability costs by the end of the year for users wishing to switch to its network.

Over 50 Romanian Foresters Picket Agriculture Ministry, Demanding 25% Risk Benefit

11:50, 21 Oct. 2008
Over 50 Romanian foresters are picketing Tuesday the building of the Agriculture and Rural Development Ministry, demanding the granting of the 25% risk benefit stipulated in the Forestry Code, and its inclusion in the next year’s budget.

It Is Time Romania Resumed Relations With Syria – Romanian President

11:37, 21 Oct. 2008
Romanian President Traian Basescu said Tuesday in a meeting with the representatives of the Syrian Chambers of Commerce and Industries Federation that the message he brings in his official visit is that Romania wishes to resume relations between the two states.

Actress, Singer Give Up Candidacy Along Greater Romania Party In General Elections

10:48, 21 Oct. 2008
Romanian actress Oana Zavoranu and singer Aurelian Temisan decided to give up their candidacy in the upcoming parliamentary elections along the far-right Greater Romania Party (PRM), citing artistic career moves.

Romanian Econ Growth Seen At 4%- 6% In ‘09 –PM

10:23, 21 Oct. 2008
Romanian economic growth is seen at 4% to 6% in 2009, provided that wages stay at an economically sustainable level, Prime Minister Calin Tariceanu said Monday, pointing to the talks with Government economic analysts on the international financial crisis.