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Romanian PM Wants Govt Resources Directed Mainly To Quick Investments

19:59, 17 Aug. 2011
Romanian Prime Minister Emil Boc asked the ministers to prioritize investment projects that can be implemented quickly and that have a multiplier effect, in order for the gross domestic product to grow by 1.5% this year, the target agreed upon with the IMF and European Commission.

Romanian President Signs Decree Appointing New Health Minister

19:05, 17 Aug. 2011
Romanian President Traian Basescu on Wednesday signed the decree appointing Ladislau Ritli as health minister, said the Presidential Administration.

Romanian PM OKs Hungarian Minority Party’s Health Minister Nomination

18:33, 17 Aug. 2011
Romanian Prime Minister Emil Boc said Wednesday he has sent the health minister nomination made by the Democratic Union of Hungarians in Romania (UDMR) to President Traian Basescu.

Romanian National Health Insurance House Remains Autonomous

17:23, 17 Aug. 2011
Romania's National Health Insurance House will remain autonomous and in charge of the healthcare budget, and its head will still be appointed by the prime minister, but it will acknowledge the health minister's authority in the implementation of public policies.

Romania’s Hungarian Minority Party Nominates Ladislau Ritli For Health Minister

16:21, 17 Aug. 2011
The Democratic Union of Hungarians in Romania (UDMR) proposed Ladislau Ritli to lead the Ministry of Health, which will also "coordinate" the National Health Insurance House, as per an agreement between UDMR and ruling coalition partners PDL.

Romanian PM Says Health Minister Nomination To Be Made On Time

12:29, 17 Aug. 2011
Romanian Prime Minister Emil Boc said Wednesday there are no tensions in the ruling coalition concerning the appointment of a new health minister.

Three Women Stabbed In W Romania, Suspect Detained

21:13, 16 Aug. 2011
Three women were stabbed Tuesday at different times in Timisoara, western Romania, and police have detained a man suspected of having committed the third stabbing, who also claims responsibility for the other two.

Romanian PM Says Chinese Investors May Get State Aid If Investments Are Big Enough

14:58, 15 Aug. 2011
Romanian Prime Minister Emil Boc told Chinese investors Monday Romania would grant state aid if their investments in the country are large enough and create jobs.

Romanian Railway Co CFR Raises Ticket Prices 18% As Of Sunday

13:48, 14 Aug. 2011
Romania’s state-owned passenger railway company CFR Calatori raised train ticket prices by 18% starting Sunday, citing high costs for fuel, energy and maintenance.

Chinese Investors Vow To Bid For Romanian Projects

14:03, 13 Aug. 2011
Chinese investors have assured the Romanian Government they will bid for major investment projects in Romania and will offer low prices for works and also inquired about state aid options.

Romanian Public Wage Rights Kept Intact This Year, Decided Through Budget In 2012 – PM

14:09, 12 Aug. 2011
Romania's fiscal strategy was agreed upon with the EU and IMF, and does not affect current public wages or pensions, but the value of these payments in 2012 will be set through next year's budget and wage law, according to developments on foreign markets, Prime Minister Emil Boc said Friday.

Romanian President Supports Govt’s Fiscal Strategy, Says Country Needs More Public Sector Layoffs

13:15, 12 Aug. 2011
Romanian president Traian Basescu said Friday he supports the Government’s recently adopted fiscal strategy, adding Romania would default if it keeps borrowing money to pay wages and pensions.

Owner Offers $100,000 Reward To Recover Gold Jewelry Stolen From Car In Romania Tuesday

11:05, 12 Aug. 2011
The owner of the jewelry store whose car was robbed of nearly 30 kilograms of gold jewels on a Romanian highway earlier this week is offering a $100,000 reward for information leading to catching the thieves and recovering the jewels.

Romanian CNH Debt To Budget Widens To RON4.6B In 1H

18:31, 11 Aug. 2011
Romanian state-owned coal mining company CNH’s total debt to the government budget widened 13% to 4.67 billion lei (EUR1.1 billion) in the first half of 2011, the country’s fiscal authority ANAF said Wednesday.

Romania Raises Fines For Failure To Repair Buildings With High Seismic Risk – Draft

17:35, 11 Aug. 2011
The Romanian Development Ministry significantly increases fines charged to homeowners and local authorities who fail to carry out technical inspections and start rehabilitation works on buildings considered to have a high seismic risk.

Romania To Wait Until 2014 To Finance Education System By 6% Of GDP

16:06, 11 Aug. 2011
Romania's Government will extend the deadline by which it must provide at least 6% of the GDP to the education system by two years, until 2014, arguing that it would entail an additional budgetary burden of more than 46 billion lei (over EUR10 billion) in 2012 and 2013.

Romania To Increase Budget Earnings Through New Building, Land, Vehicle Tax System

16:01, 11 Aug. 2011
Romania's Government will change the building, land and vehicle tax system, introducing a new calculation method that will allow earnings from this source to increase by more than 1 billion lei (EUR233 million) over the next three years.

Romania To Keep Public Sector Hiring Frozen, Halt Bonuses, Overtime Until 2014

15:47, 11 Aug. 2011
Romanian public sector employees will receive no vacation, gift or meal vouchers until 2014, no bonuses until 2013 and will be rewarded for overtime with free hours only, according to the Government's fiscal-budgetary strategy for 2012-2014.

Romania Halts Certain Pension Raises Until 2014, Over High Additional Expenses

15:46, 11 Aug. 2011
Romania's Government will block certain pension raises, which would have taken effect next year, until 2014, arguing that the lack of a "sustainable framework" for the pension law's application will increase the social security budget deficit.

EC Accepts Spain’s Request To Restrict Labor Market Access To Romanian Workers Until End-2012

13:14, 11 Aug. 2011
The European Commission on Thursday approved Spain's request to restrict its labor market to Romanian workers until December 31, 2012 due to serious disturbances on its labor market, the EC said in a press release.

EU May Call On Spain To Lift Labor Restrictions For Romanians Anytime – Sources

14:55, 10 Aug. 2011
Spain will not be allowed to decide unilaterally when to lift restrictions for Romanians main workers on its labor market and the European Commission may ask for the restrictions imposed on July 22 to be lifted anytime, official sources told MEDIAFAX Wednesday.

Bucharest To Have New Multi-Purpose Sports Center By 2013 For RON260M

13:34, 10 Aug. 2011
Romania’s Ministry of Regional Development and Tourism will build a multipurpose sports center in capital Bucharest by 2013, which will seat 16,000 people and cost 260 million lei (about EUR60 million), according to a draft Government decision.

Romanian Police: Three People Took 22.7 Kg Of Jewels From Car At Gunpoint

13:49, 09 Aug. 2011
A car was held up Tuesday morning on the Bucharest-Pitesti highway in southern Romania by three masked individuals, who took, at gunpoint, 22.7 kilos of jewels and the car keys, then drove off toward Pitesti, the Police said.

Romanian Govt To Keep Public Sector Hiring Frozen In 2012 – PM

17:16, 07 Aug. 2011
The Romanian Government will keep public sector hiring frozen in 2012 and only one in seven vacant positions will be filled, Prime Minister Emil Boc said Sunday.

Romanian Govt To Determine Value, Payment Plan For Court-Won Wage Rights By Sept

16:06, 07 Aug. 2011
The Romanian Government will deterimine by September the sum to be paid next year to public sector employees who won salary rights in court, and will set a payment schedule for the coming years, so that the country will not exceed a 3% budget deficit in 2012, Prime Minister Emil Boc said Sunday.

Romanian PM Calls On Prefects To Intensify Fight Against Tax Evasion, Illegal Work

15:06, 07 Aug. 2011
Romanian Prime Minister Emil Boc on Sunday called on county prefects and work inspection chiefs to intensify the fight against tax evasion and illegal work.

Bucharest Subway Operator Hikes Fares: Two-Trip Card To Cost RON4

18:53, 05 Aug. 2011
Bucharest subway operator Metrorex will increase its fares Saturday: a two-trip card will cost 4 lei (around EUR1) instead of RON3 and a monthly 62-trip card will cost RON35 instead of RON27.

Romanian Fmr Health Min: Reforms Should Go Hand In Hand With Ensuring Financial Support

18:10, 05 Aug. 2011
Romania’s former Health Minister Attila Cseke, who resigned Thursday over a budget dispute, said the situation of the country’s healthcare system is even more serious than in the previous years, and added reforms in the sector must go hand in hand with financial support.

Romanian Transport Minister: About 130 Km Of Highway To Be Finished This Year

14:41, 05 Aug. 2011
Romania’s Transport Minister Anca Boagiu said Friday about 130 kilometers of highway will be finished in 2011, to include highway sectors Timisoara-Arad, Medgidia-Constanta and Bucharest-Ploiesti, as well as the beltways of cities Arad (W) and Constanta (SE).

Leu Trades At 4.2419 Vs Euro, Hits New Record Low Vs Swiss Franc

13:52, 05 Aug. 2011
Romania’s leu recovered slightly against the euro by mid-trade Friday, but the central bank’s reference weakened over 0.4% on the day to 4.2419 units, amid rising aversion to risk after weak economic data in the US and fresh concern over the European debt crisis.

Eighteen Arrested In Romania For Illegal Luxury Car Registrations

09:21, 05 Aug. 2011
The Bucharest Court has issued arrest warrants Friday morning for 20 people in case involving illegal registrations of luxury cars, of which 18 have already been taken into custody and two are still wanted.

Romania’s Health Minister Attila Cseke Resigns

16:05, 04 Aug. 2011
Romania’s Health Minister Attila Cseke resigned Thursday, displeased with the funds the Health Ministry has been allotted at this year’s first budget revision.

Romanian Govt To Regulate Healthcare Clawback Tax By End-August

15:44, 04 Aug. 2011
Romania's Government will regulate the clawback in the healthcare system by the end of August, through a decision or emergency ordinance, Prime Minister Emil Boc said Thursday.

Romania Might Build Parts Of Transylvania Hwy Through Public-Private Partnership – PM

15:42, 04 Aug. 2011
Romania's Government is considering building some sections of the Transylvania Highway through public-private partnership, because the state does not have unlimited funds for infrastructure projects, Prime Minister Emil Boc said Thursday.

Romania’s Fmr State Rail Company Manager Can’t Account For EUR3M In Wealth Statement – Agency

12:09, 04 Aug. 2011
The former general manager of Romania’s state-owned passenger railway company CFR Calatori, Alexandru Noaptes, and his wife are unable to account for about EUR3 million of their wealth, the country’s integrity agency ANI said Thursday.

Romanian Prosecutors To Reopen Fraud Cases Involving Businessman Sorin Ovidiu Vintu

11:56, 04 Aug. 2011
Romania’s General Prosecutors’ Office has canceled decisions not to start criminal investigations against businessman Sorin Ovidiu Vintu and will reopen old fraud cases on the collapse of the National Investment Fund and three banks in the 1990s, prosecutors said Thursday.

Romania To Terminate Contract With Bechtel For 300 Km Of Transylvania Hwy

19:03, 03 Aug. 2011
Romania will terminate its contract with constructor Bechtel for 300 km of the Transylvania Highway on which work has not yet started, sources in the Ministry of Transport told online newspaper gandul.

Thirty-Seven Under Criminal Investigation In Romania For Illegal Luxury Car Registrations

13:44, 03 Aug. 2011
Thirty-seven people, including three employees of the auto registry office RAR, three police officers and a riot police officer, have been placed under criminal investigation in case involving illegal registrations of luxury cars, the General Anticorruption Department said in a statement Wednesday.

Romanian Mining Co CNH Petrosani To Receive RON136M Subsidy – PM

20:50, 02 Aug. 2011
Romanian coal mining company CNH Petrosani will receive a subsidy of 136 million lei (EUR32 million) to continue its activity, Prime Minister Emil Boc announced Tuesday.

Romania To Increase Personnel Expenses In Intelligence Services, Defense Ministry

15:57, 02 Aug. 2011
Romania's Government will increase the budgets of the intelligence services and Interior, Defense and Justice ministries by almost 724 million lei (over EUR170 million), for personnel expenses, according to the draft budget revision.