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Romanian Govt Puts Off Teachers’ Wage Hikes For April

16:39, 28 Oct. 2008

The Romanian government decided Tuesday to postpone applying the law raising teachers’ wages by 50% until April 1, 2009, people close to the matter told MEDIAFAX Tuesday.

Bucharest Court Of Appeals Notifies Constitutional Court On Uninominal Constituency Ordinance

16:03, 28 Oct. 2008

The Bucharest Court of Appeal approved Tuesday the Greater Romania Party's request to notify the Constitutional Court on the legality of several texts within Government Ordinance no. 66 and 97 in 2008.

S&P Revises Bucharest Outlook To Negative, Ratings Affirmed

15:49, 28 Oct. 2008

Standard & Poor's Ratings Services has revised its outlook on the Romanian city of Bucharest to negative from stable, following a similar action on the sovereign, and reaffirmed the 'BB+' long-term issuer credit rating, the rating agency said Tuesday.

Romania’s Education Reform Ten Years Ago Was Bad – President

13:02, 28 Oct. 2008

The current decline the Romanian system of education is witnessing is the result of a bad reform enforced ten years ago, Romanian President Traian Basescu said Tuesday.

EC Approach In Romanian Craiova Automaker Sale Was „Unnatural” – PM

12:59, 28 Oct. 2008

The European Commission, or EC, had an unnatural approach in the Romanian auto assembly plant Automobile Craiova sale to US automaker Ford, and the state could have got more if it had not asked for the keeping of the factory’s business and jobs, Prime Minister Calin Tariceanu said.

Used Car Imports Could Cost Romania Budget Revenues, Jobs – Automotive Assoc

12:28, 28 Oct. 2008

Massive imports of used cars could cost Romania budget revenues, jobs and could discourage foreign investment, said Tuesday Brent Valmar, vice-president of the Romanian automotive Manufacturers and Importers Association, or APIA.

Romanian PM To Announce Measures On Wage Hikes After Govt Meeting

12:01, 28 Oct. 2008

Romanian Prime Minister Calin Tariceanu said Tuesday in his opening speech at the Mediafax talks about Auto Industry conference that the government has thought out the solution to the law hiking teachers’ wages by 50%, to be discussed in the Cabinet meeting later in the day.

Romanian Carmaker Dacia Less Affected By Fin Crisis, Won’t Reach ’08 Objective – Manager

11:01, 28 Oct. 2008

Romanian carmaker Dacia is not severely affected by the global economic crisis, but still will not fulfill its objective for this year, to reach a production of 310,000 – 320,000 vehicles, company general manager Francois Fourmont said Tuesday.

Romania Freezes Some Public Spending, Wages To See Moderate Growth In 2009 – PM

11:00, 28 Oct. 2008

The Romanian government decided to freeze administrative spending in all public institutions, except for main credit coordinators in education, healthcare and agriculture, and wages will increase moderately next year, Prime Minister Calin Tariceanu said Tuesday.

Romanian Presidency Demands Immediate Publication Of Teachers’ Law

20:39, 27 Oct. 2008

The Romanian Presidency on Monday demanded the decree promulgating the law on teachers’ wage hike be sent “immediately” to the Official Gazette for publication.

Romanian Liberals Discuss Teacher Salary Hike Law Countermeasures

19:35, 27 Oct. 2008

The prorogation of the teacher wage law for several months, through Emergency Government Ordinance, but also taking responsibility in Parliament for a new salary hike law were options considered Monday by liberal leaders in reply to the promulgation of the teacher salary hike law.

Gas Leak Blast Injures Four Romanians In Italy

18:40, 27 Oct. 2008

Four Romanians were injured, two of them in serious condition, in an explosion that occurred in an apartment in Italian town Latina, south of Rome.

S&P Downgrades Romania To FC ‘BB+/B’; Outlook Negative

18:27, 27 Oct. 2008

Standard & Poor's Ratings Services lowered its long- and short-term foreign currency sovereign credit ratings on Romania to 'BB+/B' from 'BBB-/A-3', and its local currency long-term rating to 'BBB-' from 'BBB', the rating agency announced on Monday.

Gazprom’s Delegation Visits Slovenia, Greece In South Stream Pipeline Proj

18:25, 27 Oct. 2008

A delegation of Russian natural gas monopoly OAO Gazprom visited last week Slovenia and Greece to discuss about the feasibility study development for the South Stream gas pipeline construction project on the territory of the two countries, Gazprom announced Monday in a press release.

Teachers’ Wage Hike Law To Be Published Tuesday The Latest- Romanian Chamber Speaker

17:37, 27 Oct. 2008

Romanian Chamber of Deputies speaker Bogdan Olteanu said Monday that the law increasing salaries for education system employees would be published in the Official Gazette Monday or Tuesday the latest.

Romanian Immigrants Bring Tuberculosis – Italian Doctors

16:20, 27 Oct. 2008

Italian doctors are concerned with the reoccurrence of tuberculosis, claiming the disease is brought to Italy mainly by Romanian immigrants, after the liberalization of movement in the European Union.

Holcim Romania: Constructions To Grow At A Slower Pace In 2009, On Fincl Crisis

16:19, 27 Oct. 2008

The construction sector will grow by 10-15% in 2008, but it will temper its pace in 2009, due to the financial crisis and the change of lending conditions, Markus Wirth, cement producer Holcim Romania’s general manager, told MEDIAFAX on Monday.

Romanian Far-Rightists Want Govt Ousted Over Teachers’ Wages

15:43, 27 Oct. 2008

Romania’s far right Greater Romania Party will not hesitate to sign the no-confidence motion initiated by democrat liberals over teachers’ wages, party vice-president Lucian Bolcas said Monday.

US, Iraqi, Romanian Govts Working On Iraq Troops Agreement – U.S. Ambassador

14:34, 27 Oct. 2008

Outgoing U.S. Ambassador to Romania Nicholas Taubman said Monday said Romania’s potential association to an agreement currently under negotiation between the United States and Iraq is a technical issue, being worked on by the U.S., Romanian and Iraqi governments.

Romanian Pres Says Hungarian Post-Salary Hike Budget Problems Are Something Else

14:17, 27 Oct. 2008

Romanian president Traian Basescu said Monday "we cannot see the Romanian and Hungarian budgets as equal," as the neighboring country takes out loans to build highways, in public-private partnership, and some of the budget goes to the repayment of loans.

Romanian Prognosis Commission Revises Dn ’09 GDP Forecast To 6%

12:31, 27 Oct. 2008

Romania’s National Prognosis Commission CNP has revised down, in its final fall prognosis, its gross domestic product estimation for next year to 6%, from 6.5% in the preliminary report.

Romanian President Agrees With Higher Wages For Healthcare Sector Employees

12:22, 27 Oct. 2008

Romanian President Traian Basescu said Monday at the meeting with the members of the presidential commission analyzing and drafting policies in the healthcare sector that he agrees with higher wages in the sector, provided wages go hand in hand with professional achievements, just like in the education sector.

Romanian Stocks Continue Fall After Trading Resumes

11:44, 27 Oct. 2008

The Romanian shares extended their losses on Monday, after trading on the Bucharest Stock Exchange resumed following a half an hour halt.

Romanian Stock Exch Suspends Trading At GMT0838

11:23, 27 Oct. 2008

Romania’s Bucharest Stock Exchange suspended trading on Monday, at GMT0838, for half an hour, on a steep decline of the main shares.

Romania, Hungary And Sweden To Build “Fairytale Villages”

17:34, 26 Oct. 2008

Local authorities from three counties in Romania, Hungary and Sweden plan to implement a joint project called “The Fairytale Village” aimed at helping children learn cultural and traditional elements of the three countries.

SMURD Bucharest Squads Respond To Half Of Emergency Calls In Romania – Official

15:54, 26 Oct. 2008

Bucharest SMURD emergency rescue services have responded to half of the emergency calls in Romania in 2008, with nearly 11,000 interventions on the field, the chief of Bucharest Inspectorate for Emergencies, Aurel Udor told Mediafax in an interview.

Romanian PM Sees Inflation Exceeding 10% In ‘09

14:04, 26 Oct. 2008

Romania’s annual inflation growth might exceed 10% in 2009, following unrealistic wage increases in the public sector, Premier Calin Popescu Tariceanu said Saturday.

Romanian President Promulgates Pension Law

18:56, 25 Oct. 2008

Romanian President Traian Basescu on Saturday announced he promulgated a law hiking pensions for labor groups 1 and 2 as of January 1, 2009.

Romanian President Stars In Cheap Drama On Salary Hike – PM

18:35, 25 Oct. 2008

Romanian Premier Calin Popescu Tariceanu on Saturday said he witnessed a cheap drama, in which President Traian Basescu asked him additional data on the economic impact of salary raises, only to show that he was more interested in the upcoming elections than in the country’s welfare.

PM: Intl Fin Crisis Triggers Caution About New Invests In Romania

17:05, 25 Oct. 2008

Both local and foreign investors show caution in launching new businesses in Romania due to the international financial crisis, and many investments will most likely be postponed until the crisis fades away, Romanian Premier Calin Popescu Tariceanu said Saturday.

Romanian Govt Considers Ordinance To Block Teachers’ Pay Hike – Min

15:29, 25 Oct. 2008

The Romanian government considers an emergency Ordinance to block the bill hiking teachers’ wages, recently promoted by President Traian Basescu, Defense Minister Teodor Melescanu said Saturday.

Ricochet Hits Police Woman In Brasov Confrontation, C. Romania

14:23, 25 Oct. 2008

One suspect and a woman police officer were shot as police tried to restore public order outside a restaurant in Brasov city, center Romania, authorities said Saturday.

Romanian Democrat Liberals Call For No-Confidence Vote If Govt Blocks Teachers’ Wage Hikes

12:11, 25 Oct. 2008

Romanian democrat liberal leader Emil Boc said Saturday the party will call for a no-confidence vote in parliament if the government takes responsibility for a law blocking the 50% wage hike for teachers which the head of state passed Friday.

The Parties Wishing For Salary Hikes Will Up Taxes – Romanian PM

22:00, 24 Oct. 2008

Romanian Prime Minister Calin Tariceanu warned Romanians, Friday evening, on the intentions of parties that promote 50% salary hikes. He said the leaders of these parties will later implement higher taxes, in order to secure funding necessary for these salary increases.

Teacher Salary Hikes Are Unacceptable – Romanian PM

20:56, 24 Oct. 2008

Romanian Prime Minister Calin Tariceanu asked politicians and union leaders to understand that a the 50% hike in teacher salaries will have a catastrophic effect on the economy, and added Romania cannot afford to apply such an irresponsible measure.

Romania Govt Postpones Meeting On Teacher’s 50% Pay Hike For Next Wk

19:37, 24 Oct. 2008

The Romanian government will meet next week to discuss the implications of President Traian Basescu’s decision to promulgate the law raising teachers’ wages by 50%, Culture Minister Adrian Iorgulescu said Friday.

Romanian Liberal Leaders Reunite To Talk Teacher Salary Hike Aftermath

19:36, 24 Oct. 2008

Romanian liberal leaders and ministers will reunite, Friday evening, in a meeting with the party president, Prime Minister Calin Tariceanu, to discuss the situation created when the head of state promulgated the law increasing teacher salaries by 50%.