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Two Romanian Women Arrested In Greece For Alleged Prostitution Network Affiliation

Two Romanian women aged 22 were arrested by police officers in Attica, Greece, on suspicion of affiliation with a prostitution network luring foreign women to Greece for prostitution, Greek publication Kathimerini informed Saturday.

Romanian Bank Reps Held Meeting On Ctrl Bk Draft Regulations

Representatives of credit institutions members of the Romanian Banks Association (ARB) held a meeting Friday, where they discussed the draft regulations issued by the central bank in a bid to keep household lending risk in check.

Romanian Transp Ministry To Have Attributions In Certifying Civil Airports

Romanian civil airports will be certified using orders of the minister of transports instead of government decisions and flights linking Romanian airports to other states applying the Schengen acquis will be considered domestic flights, according to a draft government decision.

Romanian Subway Station Reopened After False Alarm

A subway station in the center of Romania’s capital city Bucharest was closed Friday at noon and passengers were evacuated following a bomb alert, subway company manager Gabriel Mocanu told MEDIAFAX.

Romanians Working Abroad Can Request Higher State Allowance For Kids

Children of Romanian citizens working legally in EU states can receive the equivalent of the state allowance granted in the country where their parents are working, but the number of requests is low at the moment, Theodora Bertzi, secretary of state within the Ministry of Labor, told MEDIAFAX Friday.

Romanian Pres Urges Lawmakers To Reexamine Controversial Law

Romanian President Traian Basescu urged lawmakers Friday to reexamine the law amending the normative act regarding the buildings seized during the communism regime.

Head Of Eastern Romanian Customs Arrested By Organized Crime Prosecutors

Romanian prosecutors of the Department for the Investigation of Organized Crime and Terrorism (DIICOT) detained Friday Ghita Berbece, head of the customs office in Albita, eastern Romania, along underworld leaders Vasile Rodideal and Bogdan Ionut Radu, on cigarette smuggling charges.

Romania Ranks 22nd In EU By 4 Mo Trade Balance

Romania ranked 22nd among European Union states by trade balance in the first four months of the year, with a EUR7 billion deficit, according to Eurostat, the Statistical Office of the European Communities.

Romanian Govt Urges More Fiscal Checkups To Crack Down On Tax Evasion

The Romanian government decided to intensify checkups at companies via the country’s fiscal agency ANAF, in a move to fight tax evasion.

Romanian Farmers Disappointed With Govt Decision Diesel Fuel Excises

The Romanian Farmers’ League (LAPAR) said Friday that the sum allotted by the government to lower excise duties for diesel fuel used in agriculture is insufficient and would not bring about a significant cut fuel prices for farmers.

Bucharest General Mayor Sacks City’s Head Architect

Bucharest general mayor Sorin Oprescu Thursday dismissed the city’s head architect Adrian Bold following the report submitted by the municipal discipline commission.

Romanian Democrat Liberal VP Not Running For Legislative, Justice Min Seats

Valeriu Stoica, vice-president of Romania’s Democratic-Liberal Party (PDL), said Thursday he would neither run for a legislative seat in the upcoming elections nor join the race for the position of justice minister.

Romanian Leu Ramps Up Vs Euro, On 1H Intl Results

The Romanian leu continued to strengthened against the euro on Thursday, driven by the positive sentiment in the region following the financial results reported by GP Morgan, Nokia and Coca-Cola, dealers said.

One Pedestrian Dead, One Injured In Car Accident In Bucharest

Two young women were severely injured late Wednesday, when they were hit by a reportedly speeding car at a pedestrian crossing. One of the women died in the hospital Thursday.

Romgaz Finds Natural Gas Deposit E Romania

Romania’s Romgaz Medias, one of the country’s largest gas producers, found a new natural gas deposit in Roman, eastern Romania, with a potential output of some 200,000 cubic meters per day, the company said in a statement Thursday.

Romanian Rock Band The MOOoD To Open For Lenny Kravitz

Romanian alternative rock band The MOOoD will be the opening act for the Lenny Kravitz concert on Cotroceni stadium in Bucharest, on July 26, event organizers, Emagi!c Entertainment, said Thursday.

Romanian President Agrees With Italian Decisions On Treatment Of Roma People – Paper

Italian interior minister Roberto Maroni said Romanian President Traian Basescu did not object to the measures taken by the Italian Government towards the Roma camps and deemed “ungrounded” Romanian Prime Minister Calin Tariceanu’s objections.

Romania To Lower Excises For Diesel Fuel Used In Farming By RON0.65/Liter

Romania will lower excise duties for diesel fuel used in agriculture by 0.65 lei (EUR1=RON3.5952) per liter, for a quantity of 48 liters per hectare, agriculture minister Dacian Ciolos said Thursday.

Romania’s Former President Iliescu Not Running For Senator

Romania’s former head of state, social democrat senator Ion Iliescu, said he will not run for senator in the upcoming parliament elections, saying he is not motivated to run in a uninominal constituency.

Romanian Govt Grants RON3.7M For Lifeguard Services

The Romanian government approved an additional 3.7 million lei (EUR1=RON3.5952) from budget reserves to pay for lifeguard services on the Romanian Black Sea coast.

Romanian PM Proposes 8% Minimum Wage Hike To RON540

Romanian Prime Minister Calin Popescu Tariceanu proposed Wednesday to the trade unions a minimum wage hike to 540 lei (EUR1=RON3.5952) from RON500 at present, which is to grow to RON600 on January 1, 2009.

Romanian June Annual CPI 8.7%, Fifth Highest In EU – Eurostat

Romania ranks fifth among EU member states with respect for the annual inflation rate in June, which is 8.7%, double the 4.3% average calculated on a community bloc level, according to a report issued by the Statistical Office of the European Communities, Eurostat.

Romanian Govt OKs 2nd Budget Revision In ’08

The Romanian government Wednesday approved the second budget deficit revision this year, giving more funds to Transportation, Economy, Defense and Environment Ministries.

Romania’s Union of Plastic Artists Evicted From HQ Returned To Former Owners

The Romanian Union of Plastic Artists lost its main residence in Bucharest, and the building was being evicted Wednesday morning, following the mayoralty’s decision to return it to previous owners.

Romania’s 5-Mo Curr Acct Def +11.08% On Yr To EUR6.526B

Romania’s current account deficit rose 11.08% on the year in January-May period to EUR6.526 billion, due mainly to a rise of the trade deficit, the central bank said in a statement.

Twelve Injured In Tourist Bus Crash Central Romania

Twelve Polish tourists, including nine teenagers, were injured after the bus taking them to Aciliu, in the central Romanian county of Sibiu, was hit by a truck Tuesday night on national road DN 1.

Czech AERO Vodochody To Pay EUR16.3M For Romania’s Avioane Craiova

Romania’s privatization authority AVAS will negotiate with Czech AERO Vodochody the sale of the main stake in the country’s airplane maker Avioane Craiova, the Czech company’s offer reaching EUR16.3 million, AVAS said Wednesday.

Two Missing In Blast At Explosive Mkr Nitramonia Fagaras Feared Dead

The two people reported missing Tuesday afternoon following a blast at explosives maker Nitramonia Fagaras, central Romania, are feared dead, but investigators declined to make an official statement in this respect.

Rompetrol Group Pres Founds Oil Co, Buys Eurojet, FinGroup From Rompetrol – Sources

Romanian oil tycoon Dinu Patriciu, president of Romanian oil company Rompetrol Group, will establish in August a new company operating in oil sector and will buy airliner Eurojet and non-banking financial institution IFN FinGroup Credit from Rompetrol, sources close to the matter said Tuesday.

Romanian Rompetrol Lays Off Several Hundreds Employees – Sources

Kazakhstan's KazMunaiGaz, majority shareholder of Romanian oil company Rompetrol, and a team led by president Dinu Patriciu and Titov Buzescu, operational efficiency vice-president, started a restructuring process, including the layoff of several hundreds employees, Rompetrol sources said Tuesday.

Romania’s Rompetrol Ups Pump Prices By RON0.03/ Liter

Romania’s second-largest oil company Rompetrol Group NV hiked Tuesday its gasoline and diesel oil pump prices by 0.03 lei (EUR1=RON3.6026) per liter, the company said in a statement.

Romanian Authorities Arrest 24 Suspects In Internet Crime Frauds

Romanian authorities Tuesday arrested 24 people suspected of defrauding foreign nationals of over EUR400,000 with computer crimes, including credit card fraud.

Romanian Govt To Suspend Subsidized Loans For The Disabled – Sources

The Romanian government will suspend during the second budget revision in 2008 the subsidized loans for people with disabilities, after the authorities recently limited the loan value to EUR10,000, government sources said Tuesday.

Romanian Leu Most Affected By Intl Crisis In Region- Coface

Romanian leu is the currency in the region most affected by the international financial crisis, while Romania, alongside states like Lithuania, Bulgaria, Hungary and Turkey are considered "fragile" states, according to rating agency Coface.

Romanian Budget Def To Be Revised Up, Remains At 2.3% Of GDP

Romania’s general consolidated budget deficit will be increased in Wednesday revision by 842 million lei ($373.5 million), due to a higher than expected gross domestic product at the end of the year, government sources said.

Romanian Competition Auth Looks Into Curiero Takeover By RTC Holding

Romania’s Competition Council started checkups to see if the takeover of courier company Curiero by RTC Holding breaches competition rules.

Romanian Artist Razvan Mazilu To Perform Before Beijing Olympic Games

Romanian artist Razvan Mazilu will present his theatre and dance show “Urban Kiss” on July 19, 20 and 21 within the cultural Olympics before the Olympic Games in Beijing as part of the Ministry of Culture’s agenda dedicated to the event.

Romanian Bank Officials To Discuss Ctrl Bk Debt Ceiling Draft Regulation Friday

The officials of banks within the Romanian Banking Association, or ARB, will meet Friday to discuss the central bank’s draft regulation limiting credit risk on household lending.

Romania To Grant EUR575M State Aid By 2012 To Investors Creating Over 500 Jobs

Large companies investing over EUR100 million in Romania and creating at least 500 new jobs will benefit from some EUR25 million in state aid, from a total EUR575 million earmarked for 2008-2012.

Last Extra Tickets For Metallica, Iron Maiden Concerts In Bucharest

An additional 1,000 tickets will be put up for sale for the Metallica concert taking place on Jul 23, on the Cotroceni stadium, while Iron Maiden fans will benefit from an extra 1,500 tickets, organizers Emag!c Entertainment said.