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Bucharest Intercontinental Hotel Valued At EUR70.74M

15:57, 02 Mai 2008
The Bucharest-based five-star Intercontinental Hotel was valued at EUR70.74 million by real estate consultancy company DTZ Echinox, the hotel’s operator Intercontinental Romania said in its annual report Friday.

Romanian April Forex Reserves Up EUR184M

15:28, 02 Mai 2008
The National Bank of Romania's foreign exchange reserves rose EUR184 million in April on the month to EUR25.341 billion, the bank said Friday in a statement.

Social Democrat Official Talks About Electoral Campaign

15:21, 02 Mai 2008
Victor Ponta, vice-president of the leftist opposition Social Democratic Party, or PSD, said on Saturday that this electoral campaign will receive higher financings than last year but that dishonesty will still be a tool to win elections.

Romanian Fixed Telephony Op Romtelecom To Change Number Format As Of May 3

13:41, 02 Mai 2008
Calls to and from Romanian telephone company Romtelecom will be dialed, starting Saturday -May 3, using ten digits, and will include the national prefix, the geographic area code and the local number, for all calls, national and local.

Romanian President Comments On Tourism Sector

17:24, 01 Mai 2008
Romania’s President Traian Basescu Thursday said in southeastern city of Mangalia, at the opening of the summer season, that the Romanian seaside should compete against the country’s mountain tourism, not Bulgaria’s seaside.

Electoral Campaign For Local Polls in Romania Officially Starts May 2

16:18, 01 Mai 2008
The electoral campaign for the local elections in Romania on June 1 starts Friday, May 2, and closes May 31, 7:00 local hour.

Rapid Credit Growth, Large Curr Acct Deficit, Challenges For Romania – Moody’s

15:37, 01 Mai 2008
Rapid credit growth, the large current account deficit and rising external debt are the main challenges faced by Romania, while the global financial turmoil increases the possibility of an external shock causing economic dislocation over the next 12 to 18 months, rating agency Moody's said Thursday.

Three Romanian Tourists, Among Casualties In Egypt Bus Crash

15:28, 01 Mai 2008
A 41-year old Romanian woman died and two other nationals were badly injured Thursday in a fiery bus crash that killed at least nine people in Egypt's Sinai peninsula.

Romanian President Attends Opening Of Summer Season In SE City Of Mangalia

14:32, 01 Mai 2008
Romania’s President Traian Basescu Thursday attends the opening of the summer season in southeastern city of Mangalia, on the shores of the Black Sea.

Ikea May Re-Direct Investments From Poland To Bulgaria Or Romania

20:06, 30 Apr. 2008
Swedish furniture retailer IKEA threatened to freeze the bulk of its investments in Poland and redirect them to Bulgaria or Romania, according to Polish business daily Puls Biznesu , quoted by Sofia Echo.

Nineteen Candidates Run For Bucharest Mayor Seat

18:39, 30 Apr. 2008
The complete list of candidates running for the Bucharest mayor seat is made up of 18 representatives of political parties and independent candidate Sorin Oprescu, on Wednesday said Constantin Marino Marin, president of the Municipal Electoral Bureau (BEM).

Romania Media Freedom Declines – Survey

17:43, 30 Apr. 2008
Romania fell behind four notches to 94th spot as a country where journalists are “partly-free” from government interference, US-based Freedom House organization said in its annual survey of media freedom for 2007.

Volvo Recalls 43 XC70 Units In Romania Due To Faulty Airbags

15:34, 30 Apr. 2008
EIT-Forum Auto, importer in Romania of Volvo cars, on Wednesday said it has recalled 43 XC70 models because of problems with their airbags.

„Mediafax Foto – Best of 2007”, Outdoor Press Photography Exhibition In Center Bucharest Opens May 1

14:14, 30 Apr. 2008
Mediafax Foto, Romania’s leading organization on the press photography market, organizes the outdoor exhibition "Mediafax Foto - Best of 2007" throughout the month of May.

Romanian Senate Commission Asks For Tapping Warrants In High-Level Graft Cases

13:03, 30 Apr. 2008
The Romanian Senate’s commission for legal matters asked Wednesday the High Council of Magistrates and the Intelligence Service for phone tapping warrants on former economy minister Codrut Seres and acting labor minister Paul Pacuraru, investigated in graft cases.

Romania’s Econ Outlook Seen Positive During Apr-Jun-INS

10:04, 30 Apr. 2008
Romanian managers said that they are positive about the four major sectors of the Romanian economy between April and June, namely the industrial, service, construction and retail sectors, the National Institute for Statistics, or INS, said Wednesday.

Romania’s Fin Min Plans RON1B State Treasuries Sale In May

18:42, 29 Apr. 2008
Romania’s Economy and Finance Ministry plans to sell state treasuries worth a total of 1 billion lei ($426 million) in May, of which RON700 million as benchmark bonds and RON300 million as T-Bills.

Romanian Local Councils Obliged To Lease Lands For Student Hostels – Senate

15:59, 29 Apr. 2008
The Romanian Senate tacitly adopted a draft law stating local councils are obliged to lease to universities, for 49 years, lands for the building of three-star student hostels.

Romanian Electoral Office Members Need Medical Certificate

14:28, 29 Apr. 2008
The Romanian Senate tacitly adopted two draft laws according to which members of electoral offices need to have certificates issued by family physicians stating they are psychologically and physically apt to do their job on election day.

Gun Shots In Emergency Hospital In Southern Romania

12:28, 29 Apr. 2008
A man fired several gun shots Tuesday morning within the Emergency County Hospital in Craiova, southern Romania, without making any victims.

Romania’s 1Q Residential Building Permits Up 13.1% On Yr

10:29, 29 Apr. 2008
Romania issued 11,806 building permits for residential projects in the first quarter of 2008, up 13.1% from the same period a year ago, the country’s Statistics Institute said Tuesday.

Moldovan President Says Romania Behind Transdniester Conflict

16:00, 28 Apr. 2008
The Romanian authorities convinced former Moldovan president Mircea Snegur to start a war with the breakaway region of Transdniester, Acting President Vladimir Voronin said in a television show, quoted by unimedia.md.

EU Trims Romania 2008 Wage Growth To 10.4% From 12.2%

15:26, 28 Apr. 2008
The European Commission on Monday estimated average wages in Romania will see a 10.4% growth in 2008, down from a previous forecast of 12.2%, the commission said in its spring report.

EU Ups Romania 2008 Forecast To 6.2% From 5.9%

14:22, 28 Apr. 2008
The European Commission Monday upped its Romanian economic growth forecast for 2008, on higher demand and wage growth.

Court Of Appeals Allows Ex-Social Democrat Oprescu To Run For Bucharest Mayor

22:40, 25 Apr. 2008
The Bucharest Court of Appeals Friday evening unanimously accepted the candidacy for the general mayor seat in Bucharest of former social democrat senator Sorin Oprescu.

Romanian Ambassador, Consul Sanctioned In Crulic’s Death

17:40, 25 Apr. 2008
Romania’s Foreign Minister Lazar Comanescu on Friday made public the disciplinary sanctions against diplomatic personnel who failed to act appropriately in the case of a Romanian national who died in a Polish hospital following an ignored hunger strike.

Romanian State To Cover Legal Fees For Low-Income Citizens

16:42, 25 Apr. 2008
People whose net average monthly income per family member is below 500 lei (EUR1=RON3.6055) will receive full state aid to pay attorneys, legal experts and legal executors or will benefit from exemptions, discounts or installments for the payment of legal fees.

Romania 5th In CEE By Commercial Banking Business Environ Rating – Report

15:30, 25 Apr. 2008
Romania ranks fifth in Central and Eastern Europe by commercial banking business environment rating (CBBER), with 58.2 points out of a possible 100, according to a report by Ireland’s Research and Markets.

Romanian National Arrested In Italy, Confesses To Murdering Italian Couple

14:42, 25 Apr. 2008
Romanian national Claudiu Stoleru, 20, was arrested Thursday night by Italian police in Civitavecchia, after he confessed he had murdered a couple Wednesday in Lugagnano di Sona, ANSA news agency cited Italian investigators as saying.

Most Romanian Banks Closed Apr 28, May 1

12:37, 25 Apr. 2008
Most Romanian banks will be closed on April 28 and May 1 for Easter and Labor Day, except for the units located in shopping centers and hypermarkets, the banks said.

Romanian Aerobics Juniors – World Champions

11:36, 25 Apr. 2008
The Romanian delegation brought home eight medals Thursday, including gold in the junior teams competition, in the Aerobics World Championship Aerobic held at Ulm.

Bucharest Mayoralty Denies March Permit To Protesting Cab Drivers

11:32, 25 Apr. 2008
The Bucharest mayoralty didn’t authorize a march scheduled for Friday by taxi drivers protesting against changes in the law regulating their activity, but allowed a rally in the Constitution Square, center Bucharest.

Court Rejects Sorin Oprescu’s Appeal

17:39, 24 Apr. 2008
The challenge issued by Romanian senator Sorin Oprescu, against the decision of the Bucharest Electoral Office to reject his candidacy for Bucharest city hall, was rejected Thursday by the Bucharest Court.

Romanian PM Says Judge Salaries Defy Common Sense

17:11, 24 Apr. 2008
Certain salaries in the Romanian justice system have reached an outrageous and unjustified level, going beyond all limits of common sense, because of decisions issued by judges regulating matters in their best interests, said Romanian prime minister Calin Tariceanu.

Romania’s Capital City Bucharest –Most Polluted EU City

16:54, 24 Apr. 2008
Romania’s capital city of Bucharest ranks first in the latest top of polluted cities in European Union states, leaving Sofia, Athens or Rome behind, Adrian Catrina, executive manager of Bucharest’s Environment Protection Agency (APM), said Thursday.

Romanian PM Keeps Govt Out Of Dignitary Wealth Law

16:19, 24 Apr. 2008
The problems noticed by the Romanian Constitutional Court regarding the statement and control of dignitary wealth will not be solved through Government Emergency Ordinance, as prime minister Calin Tariceanu said he does not wish to give the impression that such a procedure “whitens” dignitary wealth

Romanian Transporters Accuse Lack Of Road Toll Stickers, Frequent Check-Ups

15:30, 24 Apr. 2008
Drivers in Romania are faced with a lack of road toll stickers that the national roads company CNADNR is trying to hide, while check-ups on road toll payments have become more frequent, according to the Federation of Romanian Transport Operators, or FORT.

Romania Nuclear Plant Shutdown After Storm Causes Highest Natl Pwr Sys Loss

15:21, 24 Apr. 2008
The shutdown of Romania's sole nuclear power plant Tuesday evening after a powerful storm represents the highest electricity loss in the country’s national power system, power grid operator Transelectrica said Thursday.

Bucharest Court Of Appeals Sentences Munaf To Ten Years In Prison

14:04, 24 Apr. 2008
Iraqi-American citizen Mohamad Munaf, guide to three Romanian journalists kidnapped in Iraq in 2005, was sentenced Thursday to ten years in prison by the Bucharest Court of Appeals.

Italy Expels Three Romanian Migrants

12:58, 24 Apr. 2008
The prefect of Italian city Treviso, Vittorio Capocelli, signed the expulsion papers for four European citizens – three Romanians and a French national – under the country’s controversial security decree enacted last year.