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Romania, Ukraine Most Targeted By Investors In CEE – Survey

15:00, 16 Iun. 2008
Romania ranks first in a regional ranking of countries most targeted for investment, alongside Ukraine, and the two countries, along with Russia and Bulgaria, are considered to have the most positive business climates in Central and Eastern Europe, according to a poll conducted by Thomson Reuters.

Romania’s Jan-Apr Curr Acct Def Widens 7.5% On Yr To EUR4.84B

14:49, 16 Iun. 2008
Romania’s current account deficit widened 7.5% on the year in January-April to EUR4.842 billion, from EUR4.504 billion in the year-earlier period, on higher trade deficit, the central bank said in a statement Monday.

Bucharest Prefect Plans To Sue Official Gazette Over Missing Ballots

14:44, 16 Iun. 2008
Bucharest prefect Catalin Deaconescu wants to sue the Romanian Official Gazette (MO) for the 33,072 voting ballots that were missing, after the counting of the forms, from the 1,973,506 forms ordered in the six districts.

Liberal Candidate To Grab Mayor Seat In Romanian Commune, After Rightful Winner Dies

13:46, 16 Iun. 2008
Romania’s Central Electoral Office decided Monday to declare the liberal candidate for the mayor seat in Voinesi commune, in the eastern Romanian county of Iasi, the winner in Sunday’s second round of local elections, following the death of the rightful election winner.

Romania Ranks Among Countries Less Trade-Liberalized – World Bank

13:44, 16 Iun. 2008
Romania ranked 116 from 125 countries in 2006 given the country’s trade liberalization degree, but ranked 10 in the top of most diversified countries by export products, the World Bank said in a report.

Romanian Agric Ministry Plans To Soften EU Funding Restrictions On Debtors

13:02, 16 Iun. 2008
Romanian beneficiaries of SAPARD funding with debts to the Payment Agency for Rural Development and Fishing might be allowed to submit projects for EU funding as soon as they pay their debts and penalties, instead of a year later, as initially set.

Romanian Local Elections Turnout At 14:00 Local Time – 23.23%

16:27, 15 Iun. 2008
The voting turnout in the second round of Romanian local elections, on a national level, was 23.23 % Sunday at 14:00 local time, said the spokesperson for the Central Electoral Office, Marian Muhulet.

Romanian Local Elections Turnout At 10 AM – 7.02%

12:17, 15 Iun. 2008
The voting turnout in the second round of Romanian local elections, on a national level, was 7.02% Sunday at 10:00 local time, said the spokesperson for the Central Electoral Office, Marian Muhulet.

Romanian Anticorruption Auth Arrests 18 In Corruption Case

17:50, 14 Iun. 2008
The Romanian National Anticorruption Department (DNA) requested, Saturday, arrest warrants in the name of 18 people involved in the wide corruption scandal that includes employees from the Arges Driving License and Registrations Service, including the service chief, Codrut Gheorghe Vlasceanu.

Romanian Pawn Shop Employee Stabbed, Killed

13:51, 14 Iun. 2008
A 25n year old woman working in a pawn shop in southern Romanian town Galati was stabbed to death, Saturday morning, around 08:00 local time.

Romania Ties Against Italy, 1-1, In European Football Championship

21:00, 13 Iun. 2008
Italy - Romania, score 1-1. Romania’s goal was scored by Adrian Mutu, while Panucci scored for Italy.

Used Apartment Prices In Bucharest Saw Decrease In May – Colliers

19:43, 13 Iun. 2008
Prices for used flats in Bucharest dropped in May, compared to April, this being the second decrease in the prices for flats this year, after the one registered in February, according to the latest Colliers index for apartment prices.

Romanian-Russian Relations To Gain New Dynamics – Romanian Foreign Affairs Min

16:54, 13 Iun. 2008
Romanian foreign affairs minister Lazar Comanescu said on national radio station RRA that after the meeting held between Romanian president Traian Basescu and Russian leader Vladimir Putin within the NATO summit, there are signals indicating "new dynamics" in Romanian-Russian relations.

Romanian Anticorruption Prosecutors Detain Doctor For Alleged Drug Dealing

16:52, 13 Iun. 2008
Romanian anticorruption prosecutors detained Vladimir Dumitrascu, doctor within Bucharest’s Sports Club, for alleged drug dealing and proposed the Bucharest Court to issue a 29-day preventive arrest warrant.

Romanian President Could Face New Impeachment – Senate Chairman

16:41, 13 Iun. 2008
Romanian Senate chairman, social democrat Nicolae Vacaroiu, said Friday the head of state, Traian Basescu, "violates the Constitution ever more often and he might face impeachment again if he keeps it up".

Romanian President Reiterates His Impeachment In ’07 Was Coup D’etat

16:26, 13 Iun. 2008
Romanian president Traian Basescu reiterated, in an interview for BBC, the idea that his impeachment in 2007 was a coup d’etat, adding this is a simple statement and not an obsession.

Vuitton Dismantles The Ad Covering Monument In Bucharest

16:18, 13 Iun. 2008
Luxury luggage designer Louis Vuitton decided to dismantle the advertisement construction representing a copy of a Vuitton bag, which covers the Firefighter’s Monument in Bucharest. The company expressed regret that the mentioned coffer "offended certain groups of people."

EU Warns Romania On Growing Budget Def, Recommends Fiscal Consolidation

13:12, 13 Iun. 2008
The European Commission warned Romania that it must accelerate its structural reforms and fiscal consolidation in order to avoid the overheating of the economy, the EC said in a report Friday.

Romania’s Euro Adoption Target More Ambitious As Reforms Stagnate- Moody’s

12:55, 13 Iun. 2008
Romanian government is maintaining its 2012 target for adopting the euro but the target could become more ambitious as time passes without any meaningful progress on economic and institutional reform, according to a Moody's Investors Service report published Friday.

Romanian Gas Bills To Be Invoiced In MWh, As Of July 1

18:05, 12 Iun. 2008
The natural gas household bills will be invoiced in megawatts hour as of July 1, replacing the current bills expressed in cubic meters, Romania’s Energy Watchdog ANRE said Thursday.

Romanian, Albanian Killers Get Life For Robbery Homicide In SE Romania

17:35, 12 Iun. 2008
The two men accused of killing, in 2004, a couple and their 11 year old daughter in southeastern Romanian town Mangalia, were sentenced by the Constanta Court to life imprisonment. However, the sentence is not final.

Romanian Children To Enjoy Smarty TV As Of Sunday

16:37, 12 Iun. 2008
Smarty TV channel, operated on digital platform Boom TV, will be officially launched in Romania on Sunday during an event organized in Bucharest’s Tineretului Park, starting 10:00 local time.

Romanian Govt To Buy Laptops For Ninth Graders, High-School Teachers

16:22, 12 Iun. 2008
Romanian ninth graders and high school teachers will receive laptops starting with school year 2008-2009, to be bought by schools with funds assigned by the Education Ministry.

Romania’s Prognosis Commission May Up ’08 GDP Growth Forecast To 7.5%

15:24, 12 Iun. 2008
Romania’s Prognosis Commission, or CNP, might revise this year’s estimation for the gross domestic product growth to 7.5%, from 6.5%, CNP president Ion Ghizdeanu said on Thursday.

Romanian Fin Min Says ’09 Budget Def Around 2% Of GDP

14:38, 12 Iun. 2008
Romania’s 2009 budget will be constructed on a deficit of nearly 2% of gross domestic product, Economy and Finance Minister Varujan Vosganian said Thursday.

Romanian Govt To Assign EUR200M For Transylvania Highway In Jun Budget Revision

13:42, 12 Iun. 2008
The Romanian government will assign EUR200 million for works at the Transylvania Highway, linking central Brasov to western Bors, and the first 25 kilometers of the road are to be completed this year, transport minister Ludovic Orban said Thursday.

Romanian Nuclearelectrica Shrs Listing Impossible By Yearend-BVB Pres

13:40, 12 Iun. 2008
Romanian power station operator Nuclearelectrica could not list its shares on the Bucharest Stock Exchange, or BVB, by yearend, as the company has not effectively started the listing process, BVB president Stere Farmache said Thursday.

Romania’s Econ Growth Seen Nearing 8% In 2Q – Fin Min

13:16, 12 Iun. 2008
Romania’s economic growth is seen nearing 8% in the second quarter, compared with a gross domestic product growth of 8.2% in the first three months of the year, Economy and Finance Minister Varujan Vosganian said Thursday.

Romania Gets Yellow-Code Weather Warning For Rain, Thunderstorms

12:51, 12 Iun. 2008
Romania’s national meteorological authority issued code yellow warnings Thursday to 36 counties and capital Bucharest, except the south-eastern region, forecasting heavy rains and thunderstorms for Thursday afternoon through Friday night.

British Indie Rockers Air Traffic To Play Romanian Stufstock Festival Aug 14

11:35, 12 Iun. 2008
British indie rock band Air Traffic will play Romania Aug 14 at the Stufstock festival taking place on Aug 14-16 in Vama Veche, on the Romanian Black Sea coast.

Police Consider Arson In Evangelical Church Fire N Romania

10:51, 12 Iun. 2008
County police in Bistrita-Nasaud, northern Romania Thursday said they did not rule out arson in case of the fire that ruined the 75-meter high steeple of the Evangelical Church in Bistrita city.

Romanian Education Faces Kindergarten Deficit

19:12, 11 Iun. 2008
The number of Romanian children with ages between 3 and 7 and who could register in kindergartens in school year 2008/2009 is higher by 200,000 compared to the number of kindergarten vacancies on a national level, according to education minister Cristian Adomnitei.

Romanian Govt Pays RON31.656M To Buy Back 44 Schools, Kindergartens

17:36, 11 Iun. 2008
Romania’s government approved total funds of 31.656 million lei (EUR1-RON3.6673) to buy back 44 schools and kindergartens that have been retroceded to their rightful owners, Education Minister Cristian Adomnitei said Wednesday.

Mobile Op Orange Romania To Cut Roaming Data Transfer Prices By Up To 80%

14:36, 11 Iun. 2008
Mobile operator Orange Romania launches Monday two pricing systems that will lower the costs of roaming data transfers by up to 80% for subscribers traveling in the European Union, the operator said Wednesday.

Extra Tickets For Metallica Concert In Bucharest Sold In Under 15 Minutes

14:00, 11 Iun. 2008
The 1,500 extra tickets for the Metallica concert to take place in Bucharest on Jul 23 were sold in less than 15 minutes, event organizers said.

Romanian Romgaz To Negotiate Gas Acquisition For Nabucco Pipeline

13:23, 11 Iun. 2008
Romanian gas producer Romgaz Medias will negotiate gas acquisition from the Middle East for the Nabucco pipeline, after state-owned gas pipeline operator Transgaz transferred this right to it, while Romania risks being a transit market, and not a beneficiary of gas.

Romanian Econ Seen Up Over 6% In ’08 If Good Farming Output – Ctrl Bk Governor

13:10, 11 Iun. 2008
Romania’s second-quarter economic growth is expected to be at around the same level as in the first three months and might exceed the initial 6% forecast at the end of the year, given a good farming output, central bank governor Mugur Isarescu said on Wednesday.

Police Detains Two Suspects In Murder Of Underworld Head, E Romania

12:23, 11 Iun. 2008
Police Tuesday evening arrested two suspects in the killing of Marian Ivan, known as one of the heads of the underworld in Romania’s eastern town of Galati, who died Sunday night after he was stabbed in the neck outside a local bar.

Romania’s Mediafax News Agency Expands Into Czech Republic

11:29, 11 Iun. 2008
Romania's Mediafax news agency enters the Czech market Wednesday, where it is the only private news agency providing real time information on all fields of interest.

Romanian May CPI +0.49% On Mo, +8.46% On Yr, Meets Expectations

10:22, 11 Iun. 2008
Romania's consumer price index picked up 0.49% on the month in May, on higher prices for food products and fuels, in line with analysts' expectations, the National Statistics Institute said Wednesday.