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Romanian 16-Year Old Boy Killed In After School Brawl

18:59, 24 Oct. 2008
One Romanian 16-year old school boy died, Friday afternoon, after fighting with a schoolmate in the central park of the locality Strehaia. The two argued because the victim made fun of the aggressor’s stutter.

Board Of Nokia Factory In Romania Offers 5% Wage Hike

17:22, 24 Oct. 2008
The management of the Romanian unit of the Finnish mobile giant Nokia proposed a 5% wage increase for the employees at the central Romanian factory in Jucu, in the Friday negotiations with the factory's union, which prior demanded a 50% raise.

Romania’s Rompetrol Cuts Pump Prices By RON0.07/Liter

17:19, 24 Oct. 2008
Romania’s second-largest oil company Rompetrol Group NV will cut Saturday its pump prices by 0.07 lei (EUR1= RON 3.6875) per liter, for the second day in a row, the company said in a statement.

Romanian Car Mkr Dacia Temporarily Halts Production To Meet Demand

17:17, 24 Oct. 2008
Romanian car maker Dacia will halt production at the Mioveni plant on October 30 and 31, as well as on November 13 and 14, to correlate production with commercial demand, the company announced Friday.

Romanian Mountain Climber Leaves To Conquer Highest Mexican Peak With 2 Colleagues

16:33, 24 Oct. 2008
Teodor Tulpan, the first Romanian citizen who reached the top of Mount Everest in 2003, will leave on a six-week expedition to climb to the highest Mexican mountaintop, the Orizaba Peak, together with two colleagues.

Bucharest Stock Exch Suspended Trading at 1041GMT

14:56, 24 Oct. 2008
Bucharest Stock Exchange's Council suspended Friday, at 1041GMT, the trading for 30 minutes, after most stocks fell 15%.

All Romanian Public Sector Employees Demand 50% Wage Hikes, Threaten Street Actions

14:51, 24 Oct. 2008
All Romanian public sector employees, except staff in the education system, said Friday they demand 50% wage hikes and they will start ample street protests and general strikes to last indefinitely, after the head of state passed a law hiking teachers’ wages.

Romanian Govt Can Adopt Any Act To Counter Teachers’ Wage Hike Law – Govt Official

14:34, 24 Oct. 2008
The Romanian government will thoroughly analyze the implications of the teachers’ wage hike law, which president Traian Basescu passed Friday, and can adopt any normative act in this respect as it still considers the move is unsustainable unless all investments are canceled.

Leu Sharply Dn, After Romanian Pres OKs Wage Hike For Education Employees

14:29, 24 Oct. 2008
The Romanian currency depreciated strongly against the euro Friday, being traded at 3.7250 units aganinst the European currency, after Romania's president Traian Basescu announced he approved the 50% wage hike for education system employees, starting with October 1.

Businesspeople Ask Romanian Auth To Set Up Plan To Alleviate Fin Crisis Impact

14:28, 24 Oct. 2008
The Romanian Businesspeople Association (AOAR) suggests authorities to enable 5% VAT reduction for buying the first house, a minimum 100% increase of the volume of road infrastructure works, financial insurance and stimulatory payment for work force, to alleviate the impact of the economic crisis.

Education, Labor Mins Decline To Comment On Teachers’ Wage Hike Law Promulgation

14:08, 24 Oct. 2008
Romanian education minister Anton Anton told MEDIAFAX Friday that he doesn’t wish to comment on President Traian Basescu’s decision to promulgate the law raising teachers’ wages by 50%, but he observes all laws.

Romanian Pres OKs 50% Wage Hike For Education System Employees -2-

14:04, 24 Oct. 2008
Romanian president Traian Basescu approved on Friday a 50% wage hike for education system employees, a law that the government warned would jeopardize economic stability.

Romanian Health Min Promises Wage Hike Plan By Nov 3

13:34, 24 Oct. 2008
Romania’s health minister Eugen Nicolaescu promised healthcare unions Friday he would come up with a wage hike plan for employees in the system by November 3.

Romanian Education Unionists Threaten Govt With “Unpleasant Surprise” If PM Blocks Wage Law

12:55, 24 Oct. 2008
Romanian education sector unionists, who met Friday for talks with President Traian Basescu, said they are optimistic the head of state will promulgate the law increasing teachers’ wages by 50%, but added the government is in for a nasty surprise if the prime minister blocks law enforcement.

Romanian Far-Rightists Want National Referendum To Outlaw Magyar Democratic Union

12:52, 24 Oct. 2008
The far-right Greater Romania Party asks president Traian Basescu to have consultations with the Parliament and to establish by decree a national referendum due for November 30, to outlaw the Magyar Democratic Union (UDMR), which backs the autonomy of the Szekler County, senator Gheorghe Funar said.

Romanian Education Unions Confident President Will Pass Law Hiking Teachers’ Wages

10:57, 24 Oct. 2008
Romanian education sector unionists, who meet Friday for talks with President Traian Basescu, said they are optimistic the head of state will promulgate the law increasing teachers’ wages by 50%.

Romanian President: I Take Liberties Beyond Those Imposed By My Office

20:55, 23 Oct. 2008
Romanian President Traian Basescu on Thursday said at the manifestations celebrating 52 years from the Hungarians’ anti-Soviet revolution that he understands the need for freedom of all Romanians, regardless ethnicity, as he himself has sometimes taken liberties beyond the ones imposed by his position.

Vandals Desecrate 200 Jewish Graves In Bucharest

20:11, 23 Oct. 2008
The Federation of Jewish Communities in Romania on Thursday filed an official complaint at the Ministry of Justice over desecration of several hundreds of graves in a Bucharest cemetery.

Romanian Teachers’ Wages To See 9% Hike – Min

19:19, 23 Oct. 2008
Romanian teachers benefit from a 9% wage hike as of October 1, higher than initially announced, the Ministry of Education said Thursday.

Romanian Ctrl Bk Warns Won’t Publish Money Mkt Indices, On Bks Misconduct

18:57, 23 Oct. 2008
The National Bank of Romania has requested seven banks to return to normal inter-bank interest rates and said it might temporarily suspend the publication of the inter-bank bid/offer indices ROBID/ROBOR, if ROBOR exceeds by more than 25% the Lombard rate, the central bank said in a statement.

Romania’s Rompetrol To Cut Gas, Diesel Oil Pump Prices By RON0.05, RON0.03 Per Liter

18:28, 23 Oct. 2008
Romania’s second-largest oil company Rompetrol Group NV, owned by Kazakhstan's KazMunaiGaz, will cut Friday its gasoline and diesel oil pump prices by 0.05 lei (EUR1=RON3.6140) per liter, and RON0.03 per liter, respectively, the company said in a statement.

Romanian Products Must Be Competitive To Enter Russian Market – Embassy Official

17:03, 23 Oct. 2008
Romanian companies must be competitive to be able to enter the Russian market, as some products made in Romania are 30% more expensive than those in Russia, although they have the same technical features, said Igor Sidorov, councilor with the Russian Federation Embassy in Romania.

Romanian Social Democrats Urge President To OK Teacher Salary Hikes

16:16, 23 Oct. 2008
The Romanian social democrats reminded president Traian Basescu that Friday is the deadline for a decision on the law hiking teacher salaries, and added Basescu promised to promulgate this law, the party said in a press release Thursday.

Romania ArcelorMittal’s Unionists Seek 32.3% Pay Raise

16:16, 23 Oct. 2008
Trade unions with Romanian steel producer ArcelorMittal Galati, unit of UK-based giant ArcelorMittal, on Thursday said will ask for a 32.3% salary raise at the negotiations for the 2009 collective labor contract due for October 24.

Romanian Govt-Run Agency Heads Earn Up To RON13,838, Drivers Get Up To RON3,517

15:36, 23 Oct. 2008
Managers of Romanian government-run agencies received monthly net wages ranging from 4,375 lei (EUR1=RON3.6140) to RON13,838 including bonuses, while archive staff, cashiers and drivers in these institutions earned up to RON3,517 in the first nine months of 2008.

Romanian Criminal Code Added With Pressure On Justice, Justice Contempt Crimes

15:22, 23 Oct. 2008
The Romanian High Council of the Magistrates (CSM) approved the proposition formulated by justice minister Catalin Predoiu regarding the introduction in the Criminal Code of crimes involving pressure on justice and contempt of legal bodies, which are now punishable by prison terms or fines.

Romania Banca Transilvania Works With Competent Authorities To Wipe Out Mkt Rumors

15:14, 23 Oct. 2008
Romanian lender Banca Transilvania (BT) is working with the country’s central bank and prosecutor general to look into market rumors alleging BT is not a solid bank, the lender’s general manager Robert Rekkers said Thursday.

Bucharest Court Allows Medical Expertise For 2nd Ex-General Sentenced To Jail

15:06, 23 Oct. 2008
The Bucharest Military Court allowed Thursday the request made by former general Mihai Chitac for a medical expertise at the National Forensic Medicine Institute, to establish whether Chitac is medically able to carry out his 15-year sentence in prison.

Romanian Parties Have Not Promised Wage Hikes For Teachers If They Win Elections– Fin Min

14:38, 23 Oct. 2008
No political party has taken the responsibility to hike teachers’ wages if it wins elections and left everything to the Liberal Party, economy and finance minister Varujan Vosganian told a press conference Tursday.

Romanian Transport Ministry To Dismiss Civil Aeronautic Auth Head

14:21, 23 Oct. 2008
Romanian Civil Aeronautic Authority head Florea Geica will be dismissed, secretary of state within the Ministry of Transport Antonel Tanase told MEDIAFAX.

Romania Grants Subsidies For Renewable Energy Via Green House Progr

14:13, 23 Oct. 2008
Romania’s Environment Ministry on Thursday launched a national program called “Green House”, aimed to stimulate the development of renewable energy equipment, Minister Attila Korodi said.

Romania’s Distrigaz Sud To Ask For Higher Gas Prices As Of Jan 1

13:54, 23 Oct. 2008
Romanian gas distributor Distrigaz Sud will ask the country’s Energy Watchdog ANRE for higher household gas prices as of January 1, due to higher import costs, the company’s general manager Bernard Arnaud said Thursday.

Romania’s Sep Pvt Lending +40.2% YY To RON194.17B

13:46, 23 Oct. 2008
Romanian private lending rose 40.2% on the year in September in real terms to 194.17 billion lei (EUR1=RON3.6140), an acceleration compared with the annual rise of 39.2% in August, the central bank said in a statement Thursday.

First Romanian Reaching Mount Everest Wants To Conquer Highest Mexican Peak

13:25, 23 Oct. 2008
Teodor Tulpan, the first Romanian citizen who reached the top of Mount Everest in 2003, will leave on a new expedition, whose purpose is to climb to the highest Mexican mountaintop, the Orizaba Peak.

Only An Independent, Non-Politicized Judiciary Can Break Corruption – U.S. Ambassador

13:09, 23 Oct. 2008
U.S. ambassador to Bucharest Nicholas Taubman said Thursday in his farewell speech that corruption that goes unpunished corrodes belief and credibility in a democracy and only an independent, non-politicized judiciary in a rule of law society can break the back of corruption.

Romania Ready To Support Nabucco, South Stream Projs – Fin Min

13:04, 23 Oct. 2008
Romania is ready to support the construction of both Nabucco and South Stream pipeline projects, Economy and Finance Minister Varujan Vosganian said Thursday.

Romanian Ctrl Bk Invites NBFIs For Talks On Access To Risk DBs

13:01, 23 Oct. 2008
Romanian non-banking financial institutions (NBFI) are invited to the central bank sometime next month for talks on the regulation of access to information supplied by the Bank Risk Central, said Thursday the head of the financial activity and NBFI service within the central bank, Angela Dimonu.

A Govt Responsive To People’s Needs Will Have The Courage To Reform Healthcare Sys – U.S. Ambassador

12:58, 23 Oct. 2008
U.S. ambassador to Bucharest Nicholas Taubman said Thursday in his farewell speech that “a government for the people will have the political courage to reform the healthcare system”.

U.S. Ambassador Criticizes Romanian Road Infrastructure, Says Bechtel Does Good Job

12:44, 23 Oct. 2008
U.S. ambassador to Bucharest Nicholas Taubman criticized Romanian road infrastructure in his end-term speech Thursday, but said U.S. construction giant Bechtel is doing a good job and observes contract clauses on the country’s Transylvania Highway.

Romania Prosecutor General Urges Justice Min To Dismiss Deputy Military Prosecutor

12:07, 23 Oct. 2008
Romania’s prosecutor general Codruta Kovesi Thursday urged justice minister Catalin Predoiu to dismiss Dan Voinea from the position of deputy prosecutor with the Department of Military Prosecutors’ Offices, citing major deficiencies in the activity of the department and flaws in the management of human resources.