English

Germany’s Commerzbank Mulls Taking Over Romania Carpatica Bk – Sources

14:08, 25 Iun. 2008
Germany’s Commerzbank, the second largest by assets, mulls taking over Romania’s Carpatica Bank (BCC.RO), sources on the banking market said Wednesday.

Romanian Govt To Refund Full Car Tax Difference Unless Applicant Has Unpaid Fiscal Dues

13:57, 25 Iun. 2008
Owners of vehicles who ask to be refunded the tax difference between the car tax paid by Jul 1, 2008 and the new pollution tax on cars will get full refunds unless they have fiscal debts, otherwise the sums they owe will be retained.

Romanian Casa Auto Invests EUR16.5M In Mercedes Showroom, Service In Bucharest

12:44, 25 Iun. 2008
Casa Auto Bucuresti, Mercedes-Benz dealer, will build a EUR6.5 million show-room and a EUR10 million service on Bucharest ring road in the second half of the year, the company said Wednesday.

Romanian Parliament Plenary Session Suspended On Lack Of Quorum

12:42, 25 Iun. 2008
The plenary session of the Romanian parliament was suspended Wednesday on lack of quorum, after lawmakers had cast votes on the extension of mandates for members of the Court of Accounts.

Romania Adjusts Taxation Of Dividends At 10% For Residents, Non-Residents As Of Jan 1, 2009

11:59, 25 Iun. 2008
Romania’s tax per dividends will be adjusted, starting Jan 1, 2009, at 10% for both residents and non-residents, the government decided Tuesday in an emergency ordinance amending the Fiscal Code, following a letter of formal notice from the European Commission.

Romania Grants EUR100,000 To Palestine, Mulls Participation In EUPOL COPPS

21:04, 24 Iun. 2008
Romania will grant financial aid worth EUR100,000 to the Palestinian Territories, Foreign Minister Lazar Comanescu said Tuesday, mentioning the country is also considering a contribution to the EU Police Mission in the area – EUPOL COPPS.

Romanian Senate Standing Office Cancels Commissions’ Vote Eliminating Car Tax

16:00, 24 Iun. 2008
The Romanian Senate’s standing office decided Tuesday to annul the vote of the Senate’s budget-finance and public administration commissions on the government emergency ordinance introducing the pollution tax for cars, and only the budget-finance commission is to draw up a report on the draft law.

Romania May Pvt Lending +48.8YY At RON171.8B

15:35, 24 Iun. 2008
Romanian private lending rose 48.8% on the year in May in real terms to 171.8 billion lei ($72.71 billion), due to higher loans in both local and foreign currencies, the central bank said Tuesday in a statement.

Romanian Senate Commissions Eliminate Car Tax, Stipulate Full Refunds

14:24, 24 Iun. 2008
The Romanian Senate’s budget and administration commissions amended Tuesday Government Emergency Ordinance 50/2008 retaining the elimination of the car tax from the Fiscal Code, eliminating the new car pollution tax and stipulated tax money are to be paid back in full.

Romania To Focus On European Funds Absorption- Ctrl Bk

13:05, 24 Iun. 2008
Romania should focus on the absorption of European funds in the upcoming period, which would ensure the balanced convergence with the western economies and bring benefits to the other sectors, the central bank governor Mugur Isarescu said Tuesday.

Romania Needs To Strengthen Efforts To Reduce Inflation – Isarescu

13:00, 24 Iun. 2008
Romania needs to strengthen its efforts to bring down inflation as this is already at a high level and there is little time left until the accession to the eurozone, central bank governor Mugur Isaresc said Tuesday.

Romanian Prv Auth To Takeover Protfolio Cos Debts

21:46, 23 Iun. 2008
The Romanian privatization authority (AVAS) will take over total debts of RON36.6 million accumulated by 13 companies in the institution's portfolio to the State Reserve Administration, resulting from failures or delays in the payment of products.

Romanians To Receive Car Tax Rebates 45 Days From Application – Sources

18:27, 23 Iun. 2008
The Romanian authorities will grant rebates for the former tax on car registration within 45 days from the payer’s request, government sources said Monday.

Romanian Ed Min Denounces Possible Data Leakage During Baccalaureate Exam

15:49, 23 Iun. 2008
Romanian Education Minister Cristian Adomnitei on Monday said he notified the Ministry of Interior and the prosecutors on potential information leakage during the baccalaureate exams today.

E.ON Gaz Romania Sees Imported Gas Prices Up To $600 Per 1,000CBM By Yearend

15:10, 23 Iun. 2008
E.ON Gaz Romania, the local unit of Germany’s E.ON Gaz, sees the price of imported natural gas up to $600 per 1,000 cubic meters by yearend, compared with the current $420 per 1,000 cubic meters, the company said in a statement Monday.

Romanian Car Mkr Dacia To Give The Logan Model A Facelift

12:41, 23 Iun. 2008
Romanian car maker Dacia will launch, on July 1, the revamped variant of the Logan model, to boost sales and to bring it to the producer’s new design line, present in the Sandero model.

There Are No Romanians In Pakistan Terror Boot Camps – Romanian Intelligence Service

10:27, 23 Iun. 2008
The Romanian Intelligence Service (SRI) holds no data and was not informed by any foreign intelligence service regarding the participation of Romanian citizens in terrorist training camps in Pakistan, said SRI spokesman Marius Bercaru.

Romanian Liberal Leader To Spearhead The Bucharest Chapter

19:48, 22 Iun. 2008
The leader of the Romanian liberals, Calin Tariceanu, announced after the meeting of the party's Standing Delegation, that he will take over leadership of the Bucharest liberal organization.

A Weak Leu Helps Mend The Romanian Curr Acc Deficit – Erste

15:42, 22 Iun. 2008
The weak national currency supports the economy and the adjustment of the strong current account deficit, which might enter a stagnation phase this year, according to an Erste Bank analysis.

Romanian Health Min Says New Abortion Law Might Be Necessary

18:50, 21 Iun. 2008
Romanian health minister Eugen Nicolaescu said there should be a public debate regarding abortion, adding that "maybe there should be" legal amendments performed in this respect.

Romanian List Of Compensated Medicine Might Be Launched On Jul 15

17:16, 21 Iun. 2008
Romanian health minister Eugen Nicolaescusaid that the new list of compensated medicine might not become official on July 1, as initially announced, but on July 15, for technical reasons.

Romanian Ex PM House Details Published On Chamber Of Deputies Website

13:11, 21 Iun. 2008
The Romanian Chamber of Deputies published on its official website the note written by anticorruption prosecutors in the Zambaccian case. The memo describes the details of the house built by former prime minister Adrian Nastase, including a two-room bunker and a glass piramid dome.

Wizz Air Cancels Two Romanian Flights Due To Italian Air Traffic Control Strike

19:41, 20 Iun. 2008
London-based low-fare airliner Wizz Air on Friday said will cancel several flights, including the ones from Romanian cities of Cluj and Bucharest to Italy’s airports Milan Bergamo and Venice Treviso, respectively, due to a planned general strike of the Italian Air Traffic Control.

Romanian President Tells Journalist To Ask ‘Intelligent’ Questions

17:55, 20 Iun. 2008
Romanian President Traian Basescu on Friday declined to answer a question addressed by a RFI (Radio France International) correspondent in Brussels, telling the journalist that her questions have to show “minimum intelligence.”

Romanian Citizen Arrested In Greece For Ovule Trafficking

17:52, 20 Iun. 2008
A 41-year old Romanian citizen was arrested, Wednesday night, on the island of Crete, under charges of trafficking and selling human ovules, which he obtained from two Romanian women whom he kidnapped together with another Romanian woman, ANA-MPA informed.

SMS Accuses Romanian Immigrants Of Organ Trafficking In France

15:57, 20 Iun. 2008
An SMS message saying that Romanian immigrants kidnap kids to sell their organs created a genuine psychosis in France, according to La Provence, which adds that police have not yet identified any case of this type so far.

Romanian Doctors Decide 11 Y-O To Carry Pregnancy To Term

14:34, 20 Iun. 2008
Doctors of the maternity hospital in Iasi, eastern Romania, decided an 11 year-old pregnant girl should carry the pregnancy to full term.

Organizers Cancel 2008 CokeLive Festival In Bucharest

14:05, 20 Iun. 2008
Organizers Coca-Cola and Emag!c Entertainment decide to cancel this year’s edition of the CokeLive festival, which was scheduled for Sept 12 and 13 in Bucharest, as they failed to bring in the acts they targeted.

Three Children Found Responsible For Evangelical Church Fire, N Romania

13:16, 20 Iun. 2008
Police in Romania’s northern county of Bistrita-Nasaud found that three children are responsible for the fire that ruined the 75-meter high steeple of the Evangelical Church in Bistrita city ten days ago.

Romanian Man Stabs His Mother 196 Times

21:24, 19 Iun. 2008
A 27-year old man from central Romanian town Miercurea Ciuc was arrested Wednesday evening, after stabbing his mother 196 times and ripping her tongue out.

Romanian Has An Image Problem Among EU States – European Commissioner

21:05, 19 Iun. 2008
European Commissioner for multilingualism Leonard Orban told MEDIAFAX that Romania has an image problem "not as much on a community level as among the member states," and this problem might reflect on some of the political decisions in these countries.

Romanian Cigarette Prices To Climb Come July 1

20:18, 19 Iun. 2008
The retail price for one pack of cigarettes will increase by an average RON0.4, starting with July 1, when the total excise will be increased to EUR50 /1,000 cigarettes, compared to the current excise of EUR41.5, sources within the Ministry of Economy and Finance told MEDIAFAX.

Romania Seeks Math Olympic Winner’s Release From Italian Prison-Paper

18:50, 19 Iun. 2008
The Romanian authorities seek the release from an Italian prison of a young national, winner of math Olympic, who was convicted for electronic fraud, Italian paper Il Giornale reported Thursday.

Foreign Invest Support Econ Growth Despite Pft Repatriation- Econ Min

18:01, 19 Iun. 2008
Foreign investments supported Romania’s economic growth even if certain companies repatriated their profit, Romanian Minister of Economy and Finance, Varujan Vosganian, said Thursday during a seminar on economic issues.

Romania To Pay Bulk Of Legal Expenses In Invest Fund Trial

16:19, 19 Iun. 2008
The Bucharest Court of Appeal decided that that most of the legal expenses brought by the trial of the appeal in the case involving the crash of the National Investment Fund (FNI), worth RON548,970, would be paid by the state.

Romania’s 5-Mos Budget Deficit At 0.2%-0.3% Of GDP – Fin Min

14:45, 19 Iun. 2008
Romania’s general consolidated budget posted a deficit of 0.2%-0.3% of gross domestic product in the first five months of the year, the Economy and Finance Minister Varujan Vosganian said at a seminar Thursday.

Three Injured In Intl Service Helicopter Emergency Landing

12:39, 19 Iun. 2008
An Alouette helicopter belonging to the Romanian Intelligence Service, or SRI, made for an emergency landing Thursday mourning in southern Romania, injuring the two crew members and the fighter on board.

Romania’s Leftist Social Democrats Secure Most Mayor Positions Countrywide

11:18, 19 Iun. 2008
Romania’s leftist opposition Social Democratic Party secured 1,138 most mayor positions countrywide in local elections Jun 1 and Jun 15, while democrat liberals gained 908 positions and liberals gained 706, according to final results released Thursday by the Central Electoral Office.

Bucharest Interim Prefect Takes Oath

10:31, 19 Iun. 2008
The interim prefect of Romania’s capital city Bucharest, Ion Tincu, took the oath Thursday after the government dismissed the former prefect, Catalin Deaconescu, the day before.

Romanian Military Staff Compelled To Attend Missions On Foreign Theaters Of Operations

19:47, 18 Iun. 2008
Romanian active military personnel will be compelled to attend missions outside the country at the request of Ministry of Defense, according to a draft act seeking to amend the statute of military staff.