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Romanian Liberal Lawmaker Virgil Pop Sent To Court In Corruption Case

12:10, 11 Dec. 2008

The Cluj branch of Romania’s Anticorruption Department (DNA) sent liberal lawmaker Virgil Pop to court on charges of influence peddling, forgery, instigation to forgery and money laundering, the representative of the local anticorruption department said Thursday.

Godfather Of Punk Iggy Pop To Play Romania At B’estfest In July

11:58, 11 Dec. 2008

After more than 40 years on the world’s biggest stages and after creating mass hysteria among fans at festivals such as Glastonbury or Reading Leeds when he invited them up on state, “Godfather of Punk” Iggy Pop will play Bucharest during the 2009 B'estfest festival.

Romania’s Electrica Serv Ex-GM Sues Co

11:49, 11 Dec. 2008

Mihai Radulescu, the former general manager of Electrica Serv, the maintenance and service unit of Romanian state-owned power grid Electrica, sued the company for not extending his mandate during the June General Shareholders Meeting.

Presidential Decree Designating Romanian Prime Minster Published In Official Gazette

11:43, 11 Dec. 2008

The presidential decree designating democrat liberal Theodor Stolojan for the prime minster office was published Thursday in Romania’s Official Gazette.

Romanian Deputy PM Office To Be Filled By Social Democrat Ilie Sarbu Or Dan Nica – Sources

11:37, 11 Dec. 2008

The deputy prime minister office within Romania’s future coalition government will be filled by social democrat Senate chairman Ilie Sarbu or social democrat Dan Nica, sources within the Social Democratic Party said Thursday, adding a decision will be made soon.

Romania Calls For Simplified Proceedings To Access EU Funds – President

11:05, 11 Dec. 2008

Romania urges for simplified procedures and reduced bureaucracy to access EU funds, in order for Member States to be able to take swifter actions in times of crisis, President Traian Basescu said before leaving for Brussels to attend the EC winter works on Thursday.

Romania’s Nov Inflation +0.32% M-M, Annual CPI Slows To 6.7%

10:22, 11 Dec. 2008

Romania’s inflation rose 0.32% on the month in November, due to higher prices for food and services, but the annual inflation slowed to 6.7%, from 7.39% in October, the National Statistics Institute, or INS, reported Thursday.

Romania Not To Discard Its EU Commissioner – President

10:00, 11 Dec. 2008

Romanian President Traian Basescu said Thursday, before leaving for Brussels to attend the winter works of the European Council, that if the majority of EU states wish to apply the Nice Treaty as of Jan 1, Romania will not discard its European Commissioner.

Around 43,000 People In Romania May Lose Jobs By Apr ’09 – Labor Min

21:01, 10 Dec. 2008

The number of jobless people in Romania rose in November by around 12,000 persons and is estimated to increase by another 43,000 persons until April 2009, especially in the construction and agriculture sectors, Labor Minister Mariana Campeanu said Wednesday.

Romanian Environ Min Declines Again To Sign Bill Hiking Car Tax

19:04, 10 Dec. 2008

Romanian Environment Minister Korodi Attila has twice refused to sign the government acts hiking three times a registration tax on used cars, arguing the new tax should be enforced by the new executive.

Romanian Govt Defers Triple Car Tax To Dec 15

18:42, 10 Dec. 2008

Romanian government on Wednesday decided to delay until December 15 an ordinance hiking three times the registration tax on used cars, following countrywide protests.

Romanian Govt Seeks To Postpone Tripled Car Tax

16:27, 10 Dec. 2008

The Romanian government plans to put off the tripling of the car tax for Dec 15 or later and pay back car owner who paid the increased tax as of Monday, but is seeking a legal solution to introduce the changes.

Romanian Social Democrats Say NO To Magyar Democratic Union For Govt Coalition

16:15, 10 Dec. 2008

Romanian social democrat leader Mircea Geoana said Wednesday there won’t be any Government coalition formed of social democrats and of democrat liberals if the Magyar Democratic Union is accepted to be part of this alliance.

Romanian Constitutional Court Deems Amendments To Nationalized Houses Law Constitutional

15:23, 10 Dec. 2008

The Romanian Constitutional Court Wednesday decided the amendments to the Nationalized Houses Law are constitutional, and rejected the litigation signed by 63 lawmakers belonging to the Democratic Liberal Party and by other 55 lawmakers.

Romanian Democrat Liberals, Social Democrats Meet Thursday To Discuss Governing Program

15:22, 10 Dec. 2008

Romanian democrat liberal leader Emil Boc said Wednesday after a meeting in Senate with social democrats that the two parties might create a Partnership for Romania and will meet Thursday to discuss the future governing program.

Romanian High Profile Corruption Case Sent Back To Prosecutors

14:55, 10 Dec. 2008

The leaders of the Romanian Chamber of Deputies decided Wednesday, at the proposal of the legal committee, to send back to the Prosecutor’s Office the two case files involving social democrat MP Adrian Nastase, for which the prosecutor general had requested criminal investigation approvals.

Any Tax Hike Is Problematic – Romanian Ctrl Bk Head

14:51, 10 Dec. 2008

An increase of one of Romania’s main taxes is problematic, as the effects of such a measure are uncertain, and the country's new government should first analyze budget spending, central bank governor Mugur Isarescu said Wednesday.

Romanian NGO Denies Having Sent Open Letter To Romanian President

14:46, 10 Dec. 2008

Romania’s Group for Social Dialogue said the open letter addressed to President Traian Basescu on behalf of the organization urging him not to give his consent to a governing alliance that includes social democrats was sent via an email address which does not belong to the group.

Romania’s PM Nomination, Huge Step Back For The Country – Liberal Official

14:12, 10 Dec. 2008

Romanian Liberal Party vice-president Ludovic Orban told MEDIAFAX Wednesday that the nomination of democrat liberal Theodor Stolojan for prime minister is a huge step back after 17 years during which Romania was supposed to evolve towards democracy and modernity.

Romania’s Econ To Grow By 8% In ’08, To Keep Growing Next Yr – Ctrl Bk Head

13:58, 10 Dec. 2008

Romanian economy will grow by 8% in 2008, and will remain in "positive territory" next year, central bank governor Mugur Isarescu said Wednesday.

Romanian Intellectuals Urge President Not To Bless A Coalition Govt With Social Democrats

13:48, 10 Dec. 2008

Several Romanian intellectuals sent a letter to President Traian Basescu, asking him not to give his consent to an alliance formed with the Social Democratic Party, formed of ex communists, and to think hard before making a decision that could send Romania 20 years back.

Transylvania Highway Constr Wks Eased, 2,300 Employees Might Be Laid Off

13:40, 10 Dec. 2008

Construction works at Transylvania Highway will be significantly reduced, so that up to 2,300 employees might be affected, as Romania’s national roads and highways company, or CNADNR, owes EUR27 million to US constructor Bechtel, according to the highway’s project manager.

Romanian Bkers To Present Next Wk Lending Norms Proposals To Ctrl Bk

13:33, 10 Dec. 2008

Romanian bankers will present next week the new household lending norms proposals to the central bank, the president of Romanian Bank Association ARB Radu Gratian Ghetea said Wednesday.

Romanian Newly Designated PM Wants Govt Formed In 10 Days

13:28, 10 Dec. 2008

Romania’s freshly designated prime minister, democrat liberal Theodor Stolojan, said Wednesday that one of his main objectives is to form a coalition government in ten days, to have it invested by Dec 22.

Romanian President Officially Designates Theodor Stolojan For PM

13:18, 10 Dec. 2008

Romanian President Traian Basescu on Wednesday designated democrat liberal Theodor Stolojan for the prime minister office.

Romanian Democrat Liberals Keep Same Stand On Coalition With Magyar Union – Magyar Head

12:12, 10 Dec. 2008

Head of the Magyar democratic Union in Romania, Marko Bela, said Wednesday following another meeting with the democrat liberals that the latter party is maintaining its position to have the Union as partners in the coalition Government.

Contaminated Irish Pork Reaches Romania, Food Safety Authority On The Watch

11:47, 10 Dec. 2008

Over 3.5 tons of contaminated pork from Ireland, which reached a warehouse in Romania’s capital city Bucharest, were supplied to five companies located in three Romanian counties, Csutak Nagy Laszlo, vice-president of Romania’s sanitary-veterinary and food safety authority, said Wednesday.

Romanian Mediafax News Agency Gets Press Award

11:43, 10 Dec. 2008

Romanian news agency Mediafax Tuesday evening received the Press award at the VIP Superlatives Gala, for “the professionalism which characterizes the agency’s activity to supply information”.

Romania’s 10-Mo Trade Def Up 11.2% On Yr To EUR19.19B

10:03, 10 Dec. 2008

Romania's January-October trade deficit rose 11.2% on the year to EUR19.19billion, from EUR17.26 billion in the same period a year earlier, but exports grew at a higher pace than imports during the first ten months,the National Statistics Institute reported Wednesday.

Romanian Soc Democrat Leader Confident New PM Appointed Wed

22:28, 09 Dec. 2008

Romania might have a new premier tomorrow evening, following a new round of consultations between President Traian Basescu and the two parties most likely to form a coalition government, namely the leftist Social Democratic Party and the centrist democrat liberals, social democrat leader, Mircea Geoana said Tuesday.

Kevin Reynolds Named Romania’s Automobile Craiova New Chairman

20:32, 09 Dec. 2008

Kevin Reynolds, the strategy and financial department manager of Ford Europe, was officially named Tuesday as the new chairman of the Managing Board of Romania’s auto assembly plant Automobile Craiova (AUCS.RO), owned by U.S. automaker Ford.

Romania’s GDP To Grow By 3.2% In ’09 – World Bank

20:31, 09 Dec. 2008

Romania’s economic growth will slow down to 3.2% in 2009, from 8.6% in 2008, according to the World Bank’s Global Economic Prospects 2009 report, released on Tuesday.

Romanian Minority Party UDMR Wants Equal Partnership In Coalition Govt

20:15, 09 Dec. 2008

The Democratic Union of Hungarians in Romania, or UDMR, would rather join the Opposition than be treated as the “fifth wheel” in the coalition government, UDMR deputy president Laszlo Borbely said Tuesday.

Romanian Car Dealers Stage Protests Against Triple Car Tax

19:13, 09 Dec. 2008

Officials of 40 used-cars dealerships in Salaj County, northwest Romania, said will organize protests on Thursday against the government’s recent decision to triple the registration tax for used cars.

Romanian Suspect Arrested In Killing Of Chad Leader’s Son

19:06, 09 Dec. 2008

Romanian Marin Cioroianu – former member of the Foreign Legion accused of being involved in the murder of the Chad President’s eldest son – said he was not at the scene of the crime, as he had been drinking with his employer throughout the entire night before the murder, according to his lawyer.

Lukoil Romania Cuts Gasoline, Diesel Oil Prices

17:51, 09 Dec. 2008

Lukoil Romania, a unit of Russian oil company Lukoil Holdings, cut Tuesday its gasoline and diesel oil prices by 0.12 lei (EUR1=RON3.8998) and RON0.06, respectively, the company announced.

Romanian Environment Min Refused To Sign Decree Tripling Car Tax

16:23, 09 Dec. 2008

Romanian environment minister Attila Korodi said he is discontent by the haste with which the Romanian government decided to triple the car tax without internal consultations or approval from the European Commission and refused to sign the government emergency decree on the tax.