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A Change Monetary Policy Likely Later In The Year – Franks

17:31, 28 Iun. 2011
A potential change in the monetary policy is a decision that can be made later this year, not necessarily in Wednesday's board meeting of the central bank, said Jeffrey Franks, the head of the International Monetary Fund’s delegation to Romania.

Romania Will Likely Meet H1 Fiscal Targets, But Capital Spending Still Low – Franks

17:29, 28 Iun. 2011
Romania’s low level of expenditure will most likely allow for the first half fiscal targets to be achieved, but the authorities still need to imporove the EU-related capital spending, said Jeffery Franks, head of the International Monetary Fund’s delegation to Romania.

Concerns About Greece Raised Romania’s Risk Premium In Last Few Days- Franks

17:28, 28 Iun. 2011
Greece woes have resulted in the increase of risk premium for Romania in the last few days, but it will be some time before it can be determined whether the situation is a long-term one and what the impact will be, said Jeffrey Franks, the head of the IMF delegation to Romania.

EU Welcomes Any Initiative To Improve Romania’s Regional Fund Absorption

17:10, 28 Iun. 2011
The European Commission said Tuesday that any initiative to improve Romania's absorption of regional funds is welcome.

Bucharest Ambulance Service Wants To Break World Record For Largest CPR Lesson

16:11, 28 Iun. 2011
The Bucharest Ambulance Service (SABI) will attempt to break the world record for the largest CPR training class, by gathering 7000 people on Dinamo Stadium for a teaching marathon in July.

Romanian President Thanks Local Greek-Owned Banks For „Proper” Conduct

14:49, 28 Iun. 2011
Romanian President Traian Basescu said Tuesday, after a talk with Greek President Karolos Papoulias, that the seven Greek banks on the Romanian market are operating "properly," for which he is thankful.

Greek President Karolos Papoulias Arrived In Romania For Two-Day Official Visit

12:57, 28 Iun. 2011
Romanian President Traian Basescu on Tuesday welcomed Greek President Karolos Papoulias to the Presidential Palace in capital Bucharest.

Romanian Deputies Tacitly Adopt Bill Eliminating Tuition-Fee Seats In State Universities

12:21, 28 Iun. 2011
The Romanian Chamber of Deputies on Tuesday tacitly adopted a bill put forward by ruling democrat liberal MPs Catalin Croitoru and Petru Filip which eliminates tuition-fee seats in state universities.

Romania To Reduce Foreign Military Mission Participation In 2012

20:50, 27 Iun. 2011
Romania's Supreme Defense Council (CSAT) on Monday decided to lower the number of troops available for foreign deployment in 2012 by 106.

IMF Approves First Review Of New Loan Deal With Romania, May Disburse EUR480M

20:36, 27 Iun. 2011
The International Monetary Fund Board on Monday approved the first review of the precautionary up deal with Romania and will make the second tranche available, worth around EUR480 million, people close to the matter told MEDIAFAX.

Romanian Health Ministry Asks Producers For 15% Lower Price On HIV, TB, Cancer Drugs

20:19, 27 Iun. 2011
Romania's Health Ministry is asking producers to reduce the prices of drugs provided free of charge through the national healthcare programs for diabetes, tuberculosis, HIV/AIDS and cancer, by 15% starting with August 1, and distributors and pharmacists to reduce their markups.

Romanian President Passes Law On Maternity Leave, Child-Rearing Benefit

19:25, 27 Iun. 2011
Romanian President Traian Basescu on Monday passed the law approving government emergency ordinance 111/2010 on maternity leave and child-rearing benefit.

Romanian President Passes Amended Police Statute Law

19:01, 27 Iun. 2011
Romanian President Traian Basescu on Monday passed the law amending Law 360/2002 on the police statute.

Romania Will Miss Budget Gap Target, Because Of Upcoming Elections – Piraeus

18:17, 27 Iun. 2011
Romania's Government will miss this year's budget deficit target of 4.4%, agreed upon with the International Monetary Fund, as there is a high likelihood of "fiscal slippages" before next year's parliamentary elections, say analysts from Piraeus Bank.

Romanian President Says He Won’t Consider Administrative Reorganization An Abandoned Plan

17:21, 27 Iun. 2011
Romanian President Traian Basescu told lawmakers Monday he will not consider the country’s administrative reorganization an abandoned objective, arguing that government agencies and county councils “suffocate” local administrations.

Romanian Local Authorities To Take Over Certain Ministry Duties – PM

17:18, 27 Iun. 2011
Romania's administrative reorganization will begin by transferring certain duties from ministry structures to local authorities, while negotiations will continue in the ruling coalition, Prime Minister Emil Boc said Monday.

Unions To Challenge Order For Layoffs In Romanian Financial Guard

16:41, 27 Iun. 2011
Sebastian Oprescu, president of the Romanian National Union of Public Servants (SNFP), said Monday that he has filed a complaint with tax authority ANAF and, on Tuesday, will challenge in court ANAF head Sorin Blejnar's order to give 1063 employees prior notice of termination.

Romanian Opposition To Boycott President’s Speech In Parliament

12:22, 27 Iun. 2011
Romanian opposition Social Liberal Union representatives will not attend the Parliament meeting Monday when President Traian Basescu will address lawmakers, said union co-president Victor Ponta.

Romania Postpones Reorganization Plans On Lack Of Political Support From Hungarian Minority Party

12:03, 27 Iun. 2011
Romania’s ruling coalition has decided to postpone plans on the country’s administrative reorganization as the Hungarian minority party UDMR, part of the coalition, rejected all the propositions put forth by the ruling Democratic Liberal Party, said UDMR leader Kelemen Hunor.

Romanian Termoelectrica To Lay Off 300 Employees

13:08, 26 Iun. 2011
State-owned thermal power producer Termoelectrica will lay off 300 employees from two branches, under a restructuring plan approved by shareholders on June 16.

Romanian City Halls Must Ensure Heating Subsidy From Local Budget

13:00, 26 Iun. 2011
The Romanian Government will no longer set reference prices of thermal energy for households and will allow mayors to approve, based on their own strategy, prices lower than those charged by thermal energy suppliers, provided they cover the difference from local budgets.

Anti-Hungarian Atmosphere In Romania Delays Adoption Of Bill On National Minorities – Party Leader

15:04, 25 Iun. 2011
Kelemen Hunor, leader of the Democratic Union of Hungarians in Romania – part of the Romanian ruling coalition - said Saturday the statute of national minorities won’t be adopted by June 30 considering the “current anti-Hungarian atmosphere.”

Romanian Companies To Pay 10% More For Natural Gas Come Jul 1

16:13, 24 Iun. 2011
The price of natural gas paid by Romanian households and thermal power producers will remain unchanged until July 1, 2012, but industrial consumers will pay 10% more starting July 1, 2011, Friday said energy regulator ANRE.

New Schengen Rules Won’t Apply to Romania, Bulgaria – President

15:53, 24 Iun. 2011
Romanian President Traian Basescu said Friday a minute adopted during the European Council meeting states that the new regulations aimed to reinforce the governance of the Schengen Area will not apply to Romania and Bulgaria.

Two Polish Tourists Killed By Lighting Bout In Western Romanian Mountains

13:09, 24 Iun. 2011
Two Polish tourists died Friday morning when they were struck by lightning during a heavy storm near the Padis cabin in the mountains in Bihor county, western Romania.

Romanian Comm Ministry Redrafts Data Retention Law, Ruled Unconstitutional In 2009

20:52, 23 Iun. 2011
Romania's Communication Ministry is again sponsoring a bill, ruled unconstitutional in 2009, which requires telecom operators to store, for six months, certain data on calls, text messages and e-mails, that can be provided to judicial or national security authorities.

Romanian Constitutional Court Clears New Police Officer Statute

15:14, 23 Iun. 2011
The Romanian Constitutional Court on Thursday rejected the opposition MPs’ claim regarding the unconstitutionality of the amendments to the Statute of police officers.

European Parliament Lifts Romanian MEP Adrian Severin’s Immunity

14:34, 23 Iun. 2011
The European Parliament of Thursday adopted a report of the Committee on Legal Affairs (JURI) on lifting the immunity of Romanian MEP Adrian Severin, accused of lobbying in exchange for money.

Romanian Petromservice Fmr General Manger Indicted For Embezzlement, Tax Evasion

14:10, 23 Iun. 2011
Romanian prosecutors have indicted Mihai Sorin, former general manager of oil industry company Petromservice, on charges of fund misappropriation, tax evasion and money laundering, the Department Investigating Organized Crime and Terrorism (DIICOT) said in a press release Thursday.

Killers Of Romanian Handball Player Marian Cozma Get Life Sentences

12:30, 23 Iun. 2011
The Veszprem County Court in western Hungary on Thursday sentenced Sandor Raffael and Gyozo Nemeth to life in prison for the murder of Romanian handball player Marian Cozma, who was stabbed to death outside a nightclub in February 2009.

Romanian President Sends Constitution Revision Draft To Parliament

11:08, 23 Iun. 2011
Romanian President Traian Basescu has sent the draft revised Constitution to the Parliament for debates, he said Thursday morning before embarking on a plane to Brussels, to attend a European Council meeting.

One Dead, 19 Injured In Passenger Bus Accident In Central Romania

10:07, 23 Iun. 2011
Seven other passengers of a bus that hit a truck Thursday morning near Sibiu, central Romania, have been taken to hospital, taking the injured toll to 19.

Romania To Lease, Close Over 2000 Km Of Railroad, To Save Money

20:42, 22 Iun. 2011
Romania's Government has decided to lease 1,000 km of public railroad and close another 1,000 km, in an effort to save 109 million lei (EUR25.6 million) from the railway company budgets, as per a previous agreement with the International Monetary Fund.

Romanian Senate Reduces Punishment For Election Campaign Bribery

17:52, 22 Iun. 2011
Romania's Senate on Wednesday adopted a law reducing the maximum sentence for bribery in an election campaign to three years from five.

Romania Needs Measures Allowing Confiscation Of Alienated Illegally-Obtained Wealth – President

15:31, 22 Iun. 2011
Romanian President Traian Basescu on Wednesday pleaded for the implementation of measures allowing authorities to confiscate illegally obtained wealth alienated during criminal investigations to “deceive” authorities.

Romanian Audiovisual Council Member Pulls Toy Gun During Parliament Meeting

14:49, 22 Iun. 2011
A member of the Romanian National Audiovisual Council pulled a pistol and set it on the table Wednesday, during a meeting of the Parliament’s committees for culture, and said later on it was a toy gun.

Romanian Ruling Coalition To Continue Talks On Country’s Reorganization Until Monday – PM

19:04, 21 Iun. 2011
Romanian Prime Minister Emil Boc said Tuesday the ruling coalition will continue talks on the country’s administrative reorganization until the beginning of next week to take a decision on the matter.

Romanian Opposition Wants Technocratic Govt, Early Parliamentary Elections

17:37, 21 Iun. 2011
The Romanian opposition Social Liberal Union representatives said Tuesday during talks with President Traian Basescu the union is willing to support a technocratic Government, and called for early parliamentary elections.

Romanian President Determined Not To Give Up Amendment Concerning Private Property

14:57, 21 Iun. 2011
Romanian President Traian Basescu said Tuesday he will send the draft revised Constitution to Parliament as soon as he receives the endorsement of the Constitutional Court, adding he will not eliminate the amendment regarding legally-obtained wealth.

Romanian Healthcare Units Banned From Asking Co-Payment For State-Funded Fertilization Services

13:51, 21 Iun. 2011
The Romanian in vitro fertilization and embryo transfer program, which was launched by the Health Ministry on June 1, is free and healthcare units requiring co-payment from patients included in the program risk penalties and even exclusion, the ministry said in a press release Tuesday.