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Romanian Pres To Attend Mediterranean Union Summit In Paris

Romanian President Traian Basescu will leave for Paris, France on Sunday to attend the Mediterranean Union summit, as well as the festivities on France’s Day on July 14, the presidency said in a statement Saturday.

New Bucharest Mayor Presents Report On City Situation, Quotes Irregularities

Bucharest Mayor Sorin Oprescu on Friday presented his report on the city’s situation, saying he found several irregularities that, if it were not for his appointment as mayor, would have not been made public.

Car Dealer Trust Motors To Launch 2 New Peugeot Models In Romania

Romanian car dealership Trust Motors, importer of Peugeot brand, plans to launch two new Peugeot models by the first half of 2009, company officials said Friday.

Romanian Social Democrats, Conservatives, Present Governing Agenda

The leader of the Romanian social democrats, Mircea Geoana, said Friday the government formed by the social democrats and conservatives aims to boost the minimum wage to RON1,000 (EUR1 = RON3.5507), two build eight stadiums at UEFA standards, and 1,000 kilometers of speedways and railroads.

EXCLUSIVE: Romanian Boxer Diaconu Is The New World Boxing Champion

The Romanian Boxer Adrian Diaconu will be named the new WBC champion of the light heavyweight category, following the present champion’s second refusal, American Chad Dawson, to fight the Romanian boxer in a Romanian arena.

Over 50% Of Romanian Teens Are Illiterate – EU Observer

Over 50% of Romanian and Bulgarian teenagers aged 15 cannot read and understand a written text, according to a report of the European Commission (EC), cited by EUObserver.

Nine Consortiums, One Co Race To Provide Road Upkeep Services

Nine consortiums and one company filed bids and qualified in the auction set up by the Bucharest Regional Roads and Bridges Department (DRDP) to select companies to provide maintenance services over the next four years for the national roads it administrates.

Romanian PM Urges Internet Access In Rural Areas By Yearend

Romanian Prime Minister Calin Popescu Tariceanu Thursday said the strategy targeting to expand Internet access in rural areas must be completed by yearend, not in 2009.

Bucharest Mayor Appoints Interim Head Of Public Service Dept

Bucharest general mayor Sorin Oprescu Thursday appointed Marian Turlea as interim director of the General Infrastructure and Public Service Department within Bucharest mayoralty, replacing Gheorghe Udriste who resigned Wednesday.

Romanian President’s Youngest Daughter Not Interested In MEP Seat

Romania’s President youngest daughter Elena Basescu said Thursday she has no intention whatsoever to announce her candidacy next week in Brussels for a seat in the Youth wing of European People’s Party, or YEPP, stressing this is not a target for her.

Drought Not To Affect Water Resources This Year – Romanian Official

Drought will not affect Romania in July and August as severely as last year and the country has sufficient water resources, Marius Postelnicescu, head of Romania’s National Water Administration, said Thursday.

Romania, Among States Least Dependent On Energy Imports – Eurostat

Romania is among the European Union states the least dependent on energy imports, with a 29% energy dependence rate in 2006, according to the Statistical Office of the European Communities, Eurostat.

Romania Registered Over 2,000 Babies With Mothers Aged 11-15 In 2007

Girls aged 11 to 15 had over 2,000 babies in Romania last year, according to statistics of the Health Ministry.

Romanian Prosecutor Nastasiu Asks Court To Repeal His Dismissal

Romanian prosecutor Ciprian Nastasiu asked the Bucharest Court of Appeals Thursday to suspend the order of the prosecutor general, which dismissed him last week from his position with the general department for organized crime and terrorism (DIICOT).

Romania’s 5-Mo Trade Deficit Up 10.7% On Yr To EUR8.76B

Romania’s January-May trade deficit rose 10.7% on the year to EUR8.758.9 billion, compared with EUR7.909 billion in the same period the year before, the National Statistics Institute said Thursday.

Romanian Annual Inflation Nears Two-Year High On 0.28% Monthly Rise

Romania’s inflation slowed down to 0.28% on the month in June, due to a moderate increase in food and non-food prices, but annual inflation was just below a two-year high, the National Statistics Institute said Thursday.

If Debt-Free, Romania’s Coal Mining Co CNH Could Be Profitable – Fin Min

Romania’s coal mining company Compania Nationala a Huilei, or CNH, could switch to profit if it were debt-free, the minister of Economy and Finance Varujan Vosganian said Wednesday.

Romania’s Energy Watchdog To Grant Bonuses To Cogeneration Pwr Prod – PM

Romania’s Energy Authority ANRE will establish each year the names of the cogeneration power producers that will benefit from some bonuses granted by the state, Romania’s Prime Minister Calin Popescu Tariceanu said Wednesday.

Romanian PM Says Lower VAT On Food Is Populist, Irresponsible

Lowering the value added tax on food products would be a populist and irresponsible measure, which would only lower state budget revenue and would have no effect on prices paid by consumers, Romanian Prime Minister Calin Tariceanu said Wednesday.

New Pricing Of Natural Gas Obscure To Most Romanians – PM

Romania’s new natural gas pricing system, enforced on July 1, is not as easy to understand as the old system, and market operators need to be well prepared to implement it, Premier Calin Popescu Tariceanu said Wednesday.

Romanian Transport Min To Allot RON3.57M For DN1 Expropriations

The Romanian Ministry of Transport will grant additional compensations worth RON3.57 (EUR1 = RON3.5434) million for the expropriation of 37 pieces of property with a total surface of 8,354 square meters, for works on national road DN1 and the north side of the ring road around Bucharest.

Romania Registers Fewest Infringement Cases In The EU-27 Bloc

Romania scored best in an EU ranking according to the number of infringement cases, with only 9 open infringement procedures, the European Commission said in a statement Wednesday.

Romania Most Able To Adjust To Economic Shocks, But Based On Poor Tax Administration – S&P

Romania is third in a ranking of governments most able to adjust to adverse economic trends and react swiftly and effectively in the wake of economic shocks in the EU-27 and Norway, Iceland, and Switzerland, but that reflects poor tax administration, ratings agency Standard&Poor's said Wednesday.

Romanian AVAS To Announce Avioane Craiova Buyer Next Wk

Romanian privatization authority AVAS will announce next week the buyer of a 80.9% stake in Romania’s airplane maker Avioane Craiova, after analyzing the improved bids of the three investors qualified in the privatization process.

Romanian Anticorruption Prosecutors Hear Official In Privatizations File

Romanian anticorruption prosecutors heard Wednesday state adviser Dorinel Mucea with the country’s former Ministry of Economy and Commerce in a file concerning shady privatizations in the Romanian energy sector.

Minimum Wage Issue Pushes Nearly 100 Unionists Into Protest Rallies At Govt HQ

Nearly 100 unionists joined Wednesday morning the protest rally at the Romanian government’s headquarters demanding the increase in the minimum wage to 600 lei (EUR1-RON3.5934) as of July 1.

Romanian Energy Watchdog Hikes 11.2% ELCEN Pwr Prices, Jul 1

Romanian energy watchdog, or ANRE, hikes by 11.2% as of July 1, the thermal power prices of state-owned power producer Electrocentrale Bucuresti (ELCEN), the Local Council settling the thermal power prices for population in the upcoming period.

Romanian Leu Further Gains Vs Euro, Mirrors Emerging Mkts

The Romanian leu further strengthened against the euro on Tuesday, mirroring emerging markets, amid high traded volumes, dealers said.

Microsoft Sues Romanian Co. Over Unauthorized Software Reproduction

U.S. software giant Microsoft has sued Romanian call center and outsourcing operator XL World Iasi for illegal usage of 640 software programs and requested damages of EUR180,226, local police said Tuesday.

Romanian Passenger Rail Co CFR Calatori Plans 7% Ticket Price Hike As Of Aug 1

Romania’s state-owned passenger rail company CFR Calatori asked the Transport and the Finance Ministries to approve a 7% price increase for train tickets as of Aug 1, citing high inflation

Romania’s Rompetrol Hikes Pump Prices By Up To RON0.06/Liter

Romania’s second-largest oil company Rompetrol Group NV hiked Tuesday its pump prices by up to 0.06 lei (EUR1=RON 3.5934) per liter and RON0.04 per liter, for gas and diesel oil, respectively, the company said in a statement.

Romania Competition Council Approves Good Practices Guide

The officials of Romania’s Competition Council said the Guide of Good Practices signed by retailers and producers early June is in perfect agreement with competition rules, but warned the enforcement of its stipulations must not trigger "excessive transparency."

Romania’s 5-Mo Consolidated Budget Switches To Deficit

Romania’s consolidated budget switched to a deficit of 0.39% of gross domestic product after the first five months of the year, compared with a surplus of 0.2% of GDP in January-April period, the Economy and Finance Ministry said Tuesday.

Romanian Anticorruption Prosecutors Hear Former PM In Corruption File

Romanian anticorruption prosecutors Tuesday heard former Prime Minister Adrian Nastase in the file in which he is probed in connection with the funding of his election campaign in 2004, when he ran for president.

Bus With Children On Board Caught Fire In C Romania

A bus transporting 24 children and teachers from Hungary on a trip to Romania caught fire Tuesday morning near Miercurea Ciuc, central Romania, but none of the passengers were injured.

Romania’s Trade Registry Office Launches Online Info Service

Romania’s Trade Registry Office (ONRC) has launched a service on its website allowing online access to information on a file or application pending resolution at the Trade Registry Office, affiliated to the Bucharest Court, the institution said Tuesday.

Romanian Boxing Champion Bute To Defend Title Against Librado Andrade In Oct, In Montreal

Romanian boxer Lucian Bute will defend his world boxing super-middleweight champion title against Mexico’s Librado Andrade, in Montreal, Canada, on Oct 24, the Canadian press reported.

Romania Amends Norms On Health Insurance Contributions

People with disabilities and computer programmers will no longer pay their contribution to the social health insurance budget in ratio to the minimum wage, but depending on their incomes, according to a draft order of the president of the National Health Insurance House (CNAS), up for public debate.

Bucharest Consumers To Buy Agro-Food Products At Mobile Markets

Bucharest agro-food traders will be able to sell their products directly to consumers in mobile agro-food markets, Mayor Sorin Oprescu said Monday, following a meeting with Romanian Agriculture Minister Dacian Ciolos and the president of the Agrostar Federation trade union, Nicolae Stefan.

Romanian Elections Auth OK First 10 Uninominal Constituencies

The Romanian elections authorities on Monday approved liberals’ and social democrats’ proposals regarding 10 uninominal colleges, or constituencies, nationwide.