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Romanian State To Pay Iraqi Debt To 25 Cos In Installments Over 20 Yrs

19:33, 11 Dec. 2008
A total number of 25 Romanian companies with business sin Iraq in the ‘80s, including car maker Dacia, lender BCR and oil company Rompetrol, will receive a total sum of $112.4 million from the state, money owed by the Arab state. The sums will be paid over 20 years.

Romanian Govt Postpones Car Tax Tripling Until Dec 15, ‘08

19:24, 11 Dec. 2008
The emergency ordinance by which the Romanian Government postponed the tripling of the car tax by December 15, 2008 was published Thursday evening in the Official Gazette.

Romania’s Petrom Cuts Diesel Oil Prices By RON0.06/Liter

17:59, 11 Dec. 2008
Romania’s largest oil company Petrom SA (SNP.RO) will cut Friday diesel oil prices by 0.06 lei (EUR1=RON3.9047) per liter, while gasoline prices will stay unchanged, the company said in a statement.

Romanian Salaries To Grow By At Most 10% In ’09

16:58, 11 Dec. 2008
The growth pace for salaries in the Romanian private sector will slow down next year by at most 10%, due to reductions in human resources budgets and delays in recruitment, while the number of benefits will be reduced, as benefits will be selected depending on staff needs and performance.

Romanian Food Safety Auth Seizes 34 Tons Of Bad Pork Meat

16:55, 11 Dec. 2008
Of the 133.6 tons of pork meat imported by Romania from Ireland, 34 tons were seized, while the rest was processed. The national food safety authority decided, through the rapid alert system, to pull these products off the market, said food safety authority head Radu Roatis.

Romanian Social Democrats, Democrat Liberals To Share Minister Seats Saturday

16:47, 11 Dec. 2008
Romania’s Social Democratic Party and the Democratic Liberal Party decided Thursday the manner to share the minister positions in the next Government and to have negotiations beginning on Saturday.

Romania 11-Mo Used-Cars Registrations Up 115.8% YY To 256,173 Units

16:08, 11 Dec. 2008
Romanian used-cars registrations rose 115.8% in the first eleven months to 256,173 units from 114,049 units in the corresponding period a year earlier, Interior Ministry data showed Thursday.

Romanian IT&C Regulator Urges Internet Providers To Block 40 Porn Sites

16:03, 11 Dec. 2008
Romania’s National Communication Authority, or ANC, urged the country’s main internet providers Thursday to block access to 40 porn sites hosted in Romania, which aren’t password protected or pay-per-view.

Hundreds Of Romanians Sent Petitions To Govt Over Tripled Car Tax

15:44, 11 Dec. 2008
Hundreds of Romanians are sending daily petitions to the Government displeased with the Government’s move to triple the pollution tax for used cars, which utter insults or request tax exemption for different reasons.

Romanian Leu Continues Slide, Ctrl Bk Indicative At 2-Mo Low

14:44, 11 Dec. 2008
The Romanian currency continued its downward trend against the euro in Thursday’s mid-trade and the central bank computed an indicative of RON3.9047 to the euro, the lowest level in two months.

Romanian Leftist Head To Become National Defense Council VP – Sources

13:37, 11 Dec. 2008
Within the negotiations between the Romanian social democrats and democrat liberals, social democrat leader Mircea Geoana managed to impose the amendment of the Law governing the High Council for National Defense, eyeing the vice-presidency of the council, sources within the party told MEDIAFAX.

Sepultura Returns To Bucharest For Gig On Feb 7

13:22, 11 Dec. 2008
Brazilian rock band Sepultura returns to Romania on Februarya 7 for a gig in Bucharest, part of the tour following the release of their newest album "A-Lex", scheduled for January, organizers said.

Vodafone Romania Offers In-Flight Mobile Phone Services

12:25, 11 Dec. 2008
Vodafone Romania on Thursday said will offer in-flight mobile phone services aboard Emirates Airline and Malaysian Airlines flights, following a roaming deal with Telenor Mobile Aviation AS (TMA).

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.