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Romanian Low-Cost Airliner Blue Air Goes International

16:56, 10 Sept. 2008
Romanian low-cost airliner Blue Air will launch its first international flight in October, on the Brussels-London route, the airliner said in a statement Wednesday.

Romanian Govt Ups Min Wage To RON540 From RON500 Oct 1

15:38, 10 Sept. 2008
The Romanian government decided on Wednesday to increase the minimum monthly gross wages to 540 lei (EUR1=RON3.5974), based on the agreement the representatives of trade unions and employers signed with the government at the end of July.

EC To Probe Romania’s EUR57M State Aid To Ford For Employees’ Training

15:16, 10 Sept. 2008
The European Commission has launched an investigation regarding a state aid worth EUR57 million given by Romania to Ford Motor Co. (F) for training the employees’ at Automobile Craiova, alleging it might represent a supplementary advantage than the one stipulated in the contract.

Romanian MEP Asks EC To Sack Gray Over ‘Unprofessional’ Statements

13:04, 10 Sept. 2008
Romania’s European lawmaker, Adrian Severin, member of the Social Democratic Party, on Tuesday demanded the resignation of EC spokesperson Mark Gray, should he be found fully responsible for his statements on the Romanian procedure to appoint chief prosecutors.

E.ON Gaz Romania, Distrigaz Sud Ask For 10% Gas Price Hike Oct 1

13:00, 10 Sept. 2008
Gas distributors E.ON Gaz Romania, the local unit of Germany's giant E.ON, and Distrigaz Sud, majority-owned by French utility Gaz de France, asked Romanian energy watchdog ANRE to hike natural gas prices for household consumers by some 10% as of October 1, ANRE said Wednesday.

Republic Of Moldova Wants To Join EU, Romania Backs It – Romanian President

10:32, 10 Sept. 2008
Romanian president Traian Basescu said Tuesday evening in an interview for the public TV network TVR that Romania supports the Republic of Moldova in its endeavor to join the European Union.

Romania’s Aug CPI -0.09% MM, Annual Inflation Slows To 8.02%

10:17, 10 Sept. 2008
Romania’s consumer price index fell by 0.09 percentage points on the month in August, driven by a decrease in prices for services, bringing the annual inflation to 8.02% the National Statistics Institute said.

Romania, Hungary Seek EU Financing For High-Speed Rail Line

19:27, 09 Sept. 2008
Romania and Hungary plan to apply for EU financing to conduct a pre-feasibility study on a high-speed rail route that will link Hungary’s capital Budapest to Romanian southeastern city of Constanta.

Romania’s Fin Ministry To Give Ford EUR143M State Aid For Craiova Plant

18:33, 09 Sept. 2008
Romania’s Economy and Finance Ministry will give Ford Motor Co. (F) a state aid worth EUR143 million between 2008-2012, of which EUR17.5 million this year, if the group will carry its programmed investments worth EUR145 million at Daewoo Automobile Craiova this year.

Romanian Farmers Lose Milk Quota Over Failure To Submit Reports

18:31, 09 Sept. 2008
Nearly 15% of the Romanian farmers who benefited from milk quotas in 2007 had their quotas removed for failing to submit a yearly report regarding the milk sold, the agency of payments and interventions in agriculture APIA said Tuesday.

Romania Fin Min Sees ’08 Econ Growth At 8%

15:00, 09 Sept. 2008
Romania’s economy and finance minister Varujan Vosganian said Tuesday that the country’s economic growth will likely be 8% at the end of the year.

Bucharest Old Apt Prices Dn 9% On Mo To EUR1,540/Sqm – Colliers

14:48, 09 Sept. 2008
Bucharest old apartment prices dropped in August as much as 9% to EUR1,540/square meter on the month, driven by lower interest from buyers, Colliers International said in its apartment price index Tuesday.

Romanian Senate Legal Committee Shelters Priests From Communist Hunters

14:41, 09 Sept. 2008
The Romanian Senate's committee for legal matters enacted Tuesday an amendment to the law on access to communist files and completely removed the possibility for priests to be checked by communist hunters CNSAS

Romanian Court Postpones Ruling In Mobile Operators Vs. Telecom License Granting Rules

13:57, 09 Sept. 2008
The Bucharest Court of Appeals postponed a ruling Tuesday in the trial where mobile operators challenged the normative act regulating the grant of a national mobile communication license, which hard-line operator Romtelecom secured Monday.

Romanian Democrat Liberals File Simple Motion On Education

13:55, 09 Sept. 2008
The leader of the democrat liberal group within the Romanian Chamber of Deputies, Cristian Radulescu, announced within the plenary session of the Chamber that 58 MPs filed a simple motion regarding the education crisis.

Transgaz, MOL’s FGSZ To Resume Bid On Gas Transit Via Arad-Szeged Pipeline

11:47, 09 Sept. 2008
Romania's state-owned gas pipeline operator Transgaz (TGN.RO) and FGSZ Natural Gas Transmission, a unit of Hungary's oil group MOL, will resume the procedure to select companies interested in reserving capacities to transport gas via Romanian-Hungarian gas pipeline Szeged-Arad.

Romania 7-Mo Trade Gap +10.4% YY To EUR12.7B

10:02, 09 Sept. 2008
Romania's seven-month trade deficit widened 10.4% on the year to EUR12.7 billion, from EUR11.5 billion during the same period last year, the National Statistics Institute said Tuesday.

Romanian Defense Min Said Revolution Soldier Amnesty Needs Organic Law

19:57, 08 Sept. 2008
The Romanian Ministry of Defense said the Legislation and Legal Assistance Department did not approve the initiative proposing amnesty for the deeds of soldiers during the December 1989 Revolution, a stance supported by defense minister Melescanu, Monday in a meeting with NGO representatives.

Romania Ctrl Bker: Hard Landing Risk Of Economy Is Limited, GDP Seen Near 6% On Yr

17:48, 08 Sept. 2008
Romania’s central bank governor Mugur Isarescu said Monday in an interview there is limited risk for the “hard-landing” of the economy, and sees economic growth at around 6% over the next years

Romanian “Malware” Hackers Remain In Custody For Another 29 Days

17:23, 08 Sept. 2008
The magistrates within the Romanian Pitesti Court of Appeal decided, Monday, to extend by another 29 days the arrest warrants issued for the 20 hackers arrested in the "Malware" case in Ramnicu Valcea.

Romanian President to Address Policy Issues Before Parliament

16:04, 08 Sept. 2008
Romanian president Traian Basescu contacted the leaders of the two Chambers of Parliament saying he wants to address lawmakers to present a report on Romania’s local and foreign policy. The exact date of the meeting will be set later in a meeting of the reunited Standing Offices.

Romtelecom’s Mobile License Fee Discourages Competition – Vodafone Romania

15:17, 08 Sept. 2008
The granting of a mobile communication license to Romanian operator Romtelecom at a much lower price than that paid by other operators favors Romtelecom and affects competition, officials of mobile operator Vodafone Romania said Monday.

Italian Car Model Lancia Delta To Enter Romania In November

15:02, 08 Sept. 2008
AutoItalia Group, Lancia importer in Romania, will launch the Delta model on the Romanian market early November. The model recently obtained five stars in EuroNCAP safety tests, AutoItalia announced Monday.

Microsoft Romania Has New General Manager

13:49, 08 Sept. 2008
The new general manager of Microsoft Romania, the local subsidiary of the American software producer, is Calin Tatomir, who will replace Silviu Hotaran as of October 15.

Romania’s Romtelecom Wins Bid For Mobile Telecom License

12:37, 08 Sept. 2008
Romanian telecom operator Romtelecom, majority owned by Greece’s OTE, won the auction for a national mobile communication license, Romania’s communication and information technology regulator ANRCTI said Monday.

Romania’s Rompetrol To Cut Euro 4 Gas Pump Price By RON0.09 Per Liter

12:06, 08 Sept. 2008
Romania’s second-largest oil company Rompetrol Group NV, owned by Kazakhstan's KazMunaiGaz, cut Monday its Premium Euro 4 gasoline pump price by 0.09 lei (EUR1=RON3.6059) per liter, the other prices being unchanged, the company said in a statement.

Romanian President Attends Religious Ceremony At Orthodox Bishopry In Italy

14:25, 07 Sept. 2008
Romanian President Traian Basescu, together with his wife Maria on Sunday attended a religious ceremony performed at the new building of Romanian Orthodox Bishopry in Italy, near Rome.

Timisoara Beltway, W Romania Ready By Oct ’09 – Min

16:41, 06 Sept. 2008
Romanian Transport Minister Ludovic Orban on Saturday said the construction of Timisoara beltway, western country, will be completed by October next year.

Romanian President, Pope Meet Near Rome

14:06, 06 Sept. 2008
Romanian President Traian Basescu met with Pope Benedict XVI on Saturday at a papal residence near Rome.

Epileptic Romanian Citizen Missing For 12 Days In Greece

20:31, 05 Sept. 2008
The Interpol office in Athens, as well as the Greek Police, are searching for a Romanian citizen who disappeared from a hospital in Katerini, on the night of August 24. There are no current clues pointing to the whereabouts of the man.

Romanian PM Blames Former Bucharest Mayors For Delays On City Wastewater Purge Works

13:24, 05 Sept. 2008
Works to build a wastewater purging station near Romania’s capital city Bucharest are nearly six months behind schedule mainly because the city’s former administration signed the contract for the project very late, Prime Minister Calin Tariceanu said Friday.

Lukoil Romania Cuts Diesel Oil Pump Prices By RON0.05 Per Liter

12:31, 05 Sept. 2008
Lukoil Romania, a unit of Russian oil company Lukoil Holdings, cut Friday diesel oil pump prices by 0.05 lei (EUR1=RON3.5555) per liter and kept gasoline pump prices unchanged, the company said in a press statement.

Romania’s 7-Mo Ind Output Up 5.8% On Yr

10:26, 05 Sept. 2008
Romania’s industrial output grew by 5.8% on the year in January-July, driven mainly by the manufacturing and the electric power sectors, the National Statistics Institute said Friday.

Romanian Ctrl Bk Household Lending Rules Could Slow Dn Econ Growth In 2009 – BCR

15:55, 04 Sept. 2008
Romania could see a slowdown in economic growth starting 2009, especially in construction and services, as an effect of the central bank’s regulations limiting household lending risk, Romania’s largest lender Banca Comerciala Romana, or BCR, said in a report.

Romanian Contributors To Get Pvt Pension Contribution Back If Disabled

15:13, 04 Sept. 2008
Romanian contributors to the mandatory private pension system (Pillar II) will have the right to receive contributions back if disabled, and heirs may receive contributions in case of death, according to a norm of the private pension system regulator CSSPP.

No. Of Foreign Tourists At Romanian Seaside Dn 20% YY To 100,000

14:45, 04 Sept. 2008
Some 100,000 foreign tourists spent their summer holiday at the Romanian seaside, a nearly 20% drop compared to last summer, Romania’s tour operators association ANAT said Thursday.

Romania’s Jul Net Salary Up 2.7% M-M To RON1,308

10:10, 04 Sept. 2008
Romania's net average salary was up 2.7% to 1,308 lei (EUR1=RON3.5487) in real terms in July 2008, compared with June 2008, the National Institute for Statistics said Thursday.

Romanian Payment Agency Nearly Granted All Hectare Subsidies For 2007, Two Months After Deadline

19:35, 03 Sept. 2008
Romania’s Agriculture Payment Agency (APIA) completed most of last year’s payments per hectare, two months after the deadline, and needs to finalize the cases of nearly 3,200 farmers who applied for subsidies in 2007.

Ford To Make A New Small Class Car In Romania Come ’10

15:01, 03 Sept. 2008
U.S. carmaker Ford plant will make a small class car starting with 2010 in its plant in Craiova, southern Romania, and will launch a commercial vehicle with medium capacity 2011-2012, Ford Europe CEO John Fleming said Wednesday.

Romanian Ex Priest Bewails Human Rights Violation In Exorcism Trial

10:52, 03 Sept. 2008
Former priest Daniel Corogreanu, sentenced to seven years imprisonment for the murder of nun Irina Cornici during an exorcism ritual, notified the European Court of Human Rights, claiming the violation of his right to fair trial in Romania.