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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.

Bucharest Electoral Office Accepts 17 General Mayor Candidates

11:34, 24 Apr. 2008
The Bucharest electoral office accepted 17 candidates out of 27 for the general mayor seat in Romania’s capital city Bucharest, rejecting all independent candidates.

Sorin Oprescu To Appeal Electoral Office Decision In Court

21:09, 23 Apr. 2008
Former social democrat senator Sorin Oprescu Wednesday told a press conference he would appeal in court the decision of the Bucharest electoral office to reject his candidacy for Bucharest mayor.

IMF: Romania’s Wage Policy Lacks Transparency

18:45, 23 Apr. 2008
Romania’s public wage policy is not entirely transparent, given the bonuses granted to employees that add to base salaries, the International Monetary Fund said Wednesday.

Capital City Bucharest To Host „B-FIT In The Street” Theater Festival

16:16, 23 Apr. 2008
The "B-FIT in the Street" theater festival reuniting groups from France, Germany, Spain and Italy, will be organized during May 29 – June 1 in Romania’s capital city of Bucharest, Mihaela Paun, director of the Cultural Projects Center of Bucharest mayoralty (ArCuB), told a press conference.

Shelf Prices In Romania 15% More Expensive On Distribution Costs

15:21, 23 Apr. 2008
Shelf prices for products sold in Romania are nearly 15% higher than in other European states, due to high distribution costs on the local market, said Wednesday Gerard F.A. Kuijs, CEO of the Dutch logistics consultancy company Archicom.

Romania’s Nuclear Plant Shut Dn In Storm Aftermath

13:16, 23 Apr. 2008
Romania’s sole nuclear power plant Cernavoda shut down Tuesday evening after a powerful storm battered the southeastern region of the country and damaged power lines connecting the plant to the national power grid, the plant’s operator Nuclearelectrica said Wednesday in a statement.

Romanian Govt Sent Car Tax Ordinance To European Commission

12:53, 23 Apr. 2008
The Romanian government sent the European Commission Tuesday the text of the emergency ordinance introducing the new car pollution tax, approved Monday, along the annexes setting the new car tax calculation method, people close to the matter told MEDIAFAX Wednesday.

Romania Outlaws Food For Votes Campaigns

12:36, 23 Apr. 2008
Romanian political parties are not allowed to offer food, cigarettes, alcoholic drinks or any other goods of somewhat significant value to citizens throughout the election campaign, the Central Electoral Office said.

Romanian Mar Pvt Lending +53.1% YY At RON164.6B

11:03, 23 Apr. 2008
Romanian private lending rose 53.1% on the year in March in real terms to 164.6 billion lei ($68.5 billion), due to higher loans in both leu and foreign currencies, the country’s central bank said Wednesday.

Oprescu’s Bucharest Mayor Candidacy Jeopardized Over Signatures

11:02, 23 Apr. 2008
Bucharest city hall independent candidate Sorin Oprescu went, Tuesday night, at the headquarters of the City Electoral Office, which cancelled several thousands of signatures submitted for his candidacy, while the validation process for the signatures was still underway.

No Homework For Romanian Pupils Over Spring Break

21:07, 22 Apr. 2008
The Bucharest School Inspectorate recommended to teachers not to give students any homework during the vacation, since kids in the seventh and eighth grade have a great deal to study for the midterm exams organized as soon as classes are resumed, namely starting with May 6.

Romanian Prosecutors Go After Ex Fin Min Codrut Seres

16:48, 22 Apr. 2008
The prosecution office within the Romanian High Court of Justice requested approval to prosecute former economy minister Codrut Seres, who is targeted in a case regarding the privatization of several important companies in the energy sector.

eBay Database Romanian Hacker Stays In Custody

16:45, 22 Apr. 2008
The Romanian national accused of repeatedly breaking into email accounts belonging to eBay employees between 2005 and 2007 causing damages of over $2 million will remain in custody after the Bucharest Court of Appeal rejected his action for release.

Romania, France To Support French Investors Who Take On EU-Cofinanced Projects

16:40, 22 Apr. 2008
Romanian Premier Calin Popescu Tariceanu and his French counterpart François Fillon on Tuesday agreed to offer support to French investors who take on Romanian projects co-financed from EU funds, following the strategic partnership the two countries signed recently.

Romanian AVAS Rejects Sweden’s Saab Bid In Avioane Craiova

16:07, 22 Apr. 2008
Romanian Privatization Authority, or AVAS, rejected Sweden’s Saab Aerosystems multi-stage bid in local airplane maker Avioane Craiova, Saab marketing director Richard Smith said Tuesday.

Romania To Attend Beijing Olympics

15:52, 22 Apr. 2008
The Romanian Olympic Committee announced that Romania will attend the Olympic Games in Beijing unconditionally, a decision made after consultations between Romanian president Traian Basescu and the president of the committee, Octavian Morariu.

Romanian Transp Min Refuses To Give Up Road Toll

15:22, 22 Apr. 2008
Romania’s Ministry of Transportation on Tuesday rejected a unions’ proposition to eliminate the road toll, arguing the tax is the only revenue source for the roads authority CNADNR, the ministry said in a statement.

Romania, Croatia, Serbia Ink Constanta-Trieste Oil Pipeline Deal

14:58, 22 Apr. 2008
Representatives of Romania, Croatia and Serbia have signed Tuesday in Bucharest the agreement to build the Pan-European Oil Pipeline linking Constanta in Romania to Trieste in Italy.

Romanian Amended Ministers’ Liability Law Unconstitutional

14:13, 22 Apr. 2008
The Romanian Constitutional Court decided Tuesday the law amending the law on ministers’ liability is unconstitutional, as the variant adopted by the Chamber of Deputies includes significant changes of the draft initiated by the Government and adopted by the Senate.

IMF Sees Romania’s GDP Growth Slowing To 4.7% In 09

14:01, 22 Apr. 2008
Romania’s economic growth is seen slowing to 4.7% in 2009 and possibly to harsher levels, on likely spillovers from global financial market turmoil, the International Monetary Fund said Tuesday.

Romanian Senate Denies Alleged CIA Detention Centers In Romania

13:36, 22 Apr. 2008
The Romanian Senate approved Tuesday 56 to six votes and two abstentions the investigation report stating there are no CIA detention centers or secret American bases on Romanian territory.

Romanian Ctrl Bk Should Further Tighten Monetary Policy-IMF

12:06, 22 Apr. 2008
Romania should see more monetary policy tightening measures to hold back country’s peaking inflation, the International Monetary Fund said Tuesday.

Romanian Govt Plans Second Budget Revision During Parliament Vacation

11:49, 22 Apr. 2008
The Romanian government plans to conduct this year's second budget revision during July 1- September 1, 2008 and also targets to adopt a series of financial regulations in the field of education.

Romanian Senate Amends Referendum Law

10:26, 22 Apr. 2008
Romania’s Senate amended the referendum law, which stipulates the organization of a referendum along with the legislative, presidential and European Parliament elections.

Romanian Education Min Should Not Take Credit For ’04 Salary Hikes – Unions

21:20, 21 Apr. 2008
The unionists in Romania’s educational system on Monday said they agree with the 2004-2008 salary evolution presented by Minister Cristian Adomnitei, but mentioned Adomnitei should not take credit for the salary hikes occurred before his appointment in the position.

Romanian Ctrl Bk To Become Creditor For Banking Sys

19:40, 21 Apr. 2008
The Romanian central bank might soon become creditor for the banking system, with the intention of lowering liquidity costs, said Eugen Radulescu, adviser to the governor of the Romanian central bank.

Romanian Fixed Telephony Op Romtelecom To Change Number Format

19:04, 21 Apr. 2008
Calls to and from Romanian telephone company Romtelecom will be dialed, starting with 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 Social Democrat Head Says Senator’s Resignation Leaves Deep Marks

15:56, 21 Apr. 2008
The head of Romania’s leftist opposition Social Democratic Party, or PSD, Mircea Geoana, said Monday that senator Sorin Oprescu’s decision to quit the party leaves deep marks in the latter’s relationship with the party.

Romanian Govt OKs Emergency Ordinance On New Car Pollution Tax

15:32, 21 Apr. 2008
The Romanian government approved Monday the emergency ordinance introducing the pollution tax for cars to replace the current tax perceived upon the first registration of cars.

Romanian Anticorruption Prosecutors Ask Parliament OK To Prosecute Ex-Min Mitrea

14:10, 21 Apr. 2008
Romanian anticorruption prosecutors asked the approval of the Chamber of Deputies Monday to prosecute former minister Miron Mitrea in a corruption case.

Romania, Among Emerging Mkts Most Exposed To Credit Squeeze – S&P

14:06, 21 Apr. 2008
Romania ranks third, after Iceland and Lebanon, in a Standard & Poor's classification of the most vulnerable emerging markets if the global credit squeeze tightens, the rating agency said Monday.

Romania To Issue Eurobonds After EC Spring Forecast – FinMin

13:37, 21 Apr. 2008
Romania’s finance ministry will launch a long-delayed Eurobond issue after the European Commission releases its spring economic forecast, the Romanian Finance Minister Varujan Vosganian said Monday.

Romania’s Booming Property Prices May Steady In ‘09 – FinMin

12:36, 21 Apr. 2008
Romania’s booming real estate prices are likely to remain steady starting with 2009 on rising supply and a strong growth pace in the construction sector, Romanian Economy and Finance Minister Varujan Vosganian said Monday.

Romanian Businessman, Foreign Co To Invest In Wind Power

12:25, 21 Apr. 2008
Romanian businessman Jean Valvis said Monday he plans to invest several million euros, jointly with a foreign partner, in wind and photovoltaic power in Romania.

Romanian Alleged Rapist Assaulted Jail Therapist In Rome – Paper

11:50, 21 Apr. 2008
Romanian national Ioan Rus, accused of rape in Italy, attempted Thursday evening to assault the psychologist of the Regina Coeli prison in Rome, but was seized by prison guards, Italian daily Corriere della Serra reported.

Romania’s AVAS Puts Up For Sale Helicopter Maker IAR Ghimbav

09:40, 21 Apr. 2008
Romania’s Privatization Authority AVAS put up for sale a 64.89% stake in Romania’s sole helicopter maker IAR Ghimbav, AVAS said Monday in a press statement.

Bucharest City Hall Candidate Sorin Oprescu Leaves Social Democrats

19:05, 20 Apr. 2008
Romanian senator Sorin Oprescu announced he will resign from the Social Democratic Party.

Avalanche Risks In Romanian Mountains

16:01, 20 Apr. 2008
The Romanian Ministry of Environment warns that there is the risk of avalanches in the next two days on the Fagaras Mountains, and the same risk is present in the Bucegi mountains at altitudes of over 1,800 meters, because of the warming weather and the rain.