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Romanian Govt To Approve IMF Letter In Tuesday Meeting

Romania's Government will hold a meeting Tuesday evening to approve the additional letter of intent to the International Monetary Fund, agreed upon following the evaluation mission in October-November.

Christmas Budget Of Half Of Romanians Below RON400 – Study

The Christmas budget of almost half of Romanians is below 400 lei (EUR1=RON4.2901), according to a survey conducted by the Romanian Institute for Evaluation and Strategy (IRES).

France, Germany Ask EC To Put Off Romania’s Schengen Accession

France and Germany's Interior Ministers have sent the European Commission a letter requesting the postponement of Romania and Bulgaria's accession to the Schengen Area, people close to the matter told MEDIAFAX.

Romanian President Calls On Senate To Solve Issues Regarding High Council Of Magistrates

Romanian President Traian Basescu Tuesday sent a letter to Senate Chairman Mircea Geoana and political parties calling on them to make a decision regarding the High Council of Magistrates during the current Parliament session.

Most Romanians To Buy Sweets, Clothing For Christmas– Survey

Most Romanians buying Christmas presents will get sweets, clothing and accessories and prefer to get them on sale, according to a survey released Tuesday by market research company GfK Romania.

Wages Of Temporary Workers In Romania Hiked An Avg 5% This Year – Survey

Wages of temporary employees in Romania have increased by an average 5% this year, with the biggest raises in sectors like IT, administration and banking, according to a survey conducted by staff recruitment firm Trenkwalder.

Three Injured In Apartment Building Blast In E Romania

Three people were injured Tuesday morning in an explosion, likely caused by a gas leak, in a four-storey apartment building in Bacau, eastern Romania.

WikiLeaks: US-Romania Relations Threatened By Musician’s Death

U.S. diplomats said in November 2007 the impending "final offer" by the U.S. Army Foreign Claims Service, Europe to the family of the late Romanian rock star Teofil Peter seems certain to have a significant, negative effect on the U.S.-Romanian relationship, The Guardian reported.

Romania Contemplates EUR6B Follow-Up Agreement With IMF – Sources

Romanian authorities consider signing a precautionary agreement with the International Monetary Fund worth between EUR5 billion and EUR6 billion, but the exact amount will not be set until March next year, people familiar with the matter said Monday.

Romanian PM Invites Unionists For Talks To Unfreeze Social Dialog

Romanian Prime Minister Emil Boc on Monday invited union representatives to talks in an attempt to unblock social dialog after unionists decided not to attend the meetings of social dialog committees, displeased that the Government discarded their opinion regarding the new Labor Code.

Romanian Fmr Tennis Player Ilie Nastase Fined Over Racist Comments

Romanian former tennis player Ilie Nastase was fined 600 lei (EUR1=RON4.2897) Monday by the country’s National Council Against Discrimination for his saying French president Nicolas Sarkozy was right to deport Roma people.

Romanian Lower Chamber Adopts Family Allowance Bill

The Romanian Chamber of Deputies on Monday approved with 171 votes in favor, 49 votes against and five abstentions the draft law on family allowance, whose articles were adopted last week.

Romanian Govt Survives Opposition’s No-Confidence Motion Over 2011 Wage Law

The Romanian opposition’s no-confidence motion over the wage law for 2011, which was debated in Parliament Monday, was rejected as the motion got only 190 votes in favor and one vote against and needed 236 votes to pass.

Romanian Opp Social Democrats To Challenge 2011 Wage Law At Constitutional Court

The Romanian opposition Social Democratic Party will challenge the wage law for 2011 at the Constitutional Court if the opposition’s no-confidence motion over the normative act is rejected by lawmakers, party leader Victor Ponta said Monday.

Rompetrol Talks State Debt With Romanian Authorities

Rompetrol is holding talks with Romania’s Finance Ministry for a solution to the group’s historic state debt, since Romanian and Kazakh presidents Traian Basescu and Nursultan Nazarbayev agreed the issue would be solved amiably, the oil company said in a statement.

Romanian Lawmakers Start Debates On No-Confidence Motion Over 2011 Wage Law

Romanian lawmakers on Monday started debates on the no-confidence motion over the wage law for 2011, submitted in parliament by opposition liberals and social democrats last week, after Prime Minister Emil Boc sought a confidence vote to pass the bill into legislation.

Romanian Actress Rodica Tapalaga Dead At 71

Romanian actress Rodica Tapalaga died Sunday at 71, after a long illness..

Romanian Parliament Committees Adopt Report On Draft 2011 State Budget

The Romanian Parliament’s budget and finance committees on Sunday adopted with 25 votes in favor and 21 votes against the report on the draft state budget law for 2011.

Romanian Employers Propose Measure Targeting Cos That Have State Budget Debts

Romanian employer organizations UGIR-1903 and CONPIROM on Sunday presented a proposition which allows companies to pay their debts to the state budget in tranches in an interval of five years and implements a series of measures to support firms that do not register debts to the state budget.

Bucharest Authorities Ban „Legal High” Shops Located Near Schools, Hospitals

Shops selling products made from hallucinogenic plants and located within 1.5 km of a school, dorm, hospital, church or train station have been banned in Bucharest, as per a decision by the city's council.

Romanian Private Sector Minimum Wage Set At RON700

Romanian unionists and employers on Friday signed the national collective work Contract which sets the minimum wage in the private sector at 700 lei (EUR1=RON4.2953) and increases wages of qualified workers and foremen.

Romanian PM Says Govt Has Plan B To Keep IMF Loan On Track

The Government has a plan B to deal with the delays in the adoption of the unitary wage law triggered by the Parliament’s decision to push back debates on a no-confidence motion until late next week, Prime Minister Emil Boc said Thursday.

Romanian Senate Chairman Suspends Parliament Meeting Over Quorum

Romania’s Senate Chairman Mircea Geoana Friday suspended the plenary meeting where the opposition was supposed to read out a motion of no-confidence saying only 225 MPs are present and the meeting lacks quorum.

GE Sells Interest In Romanian Financial Cos To Garanti Bank

Garanti Bank will fully own Garanti Bank Romania and all the local non-banking financial institutions grouped under the GE Money brand, after GE Capital has sold its 26.7% stake in the local joint venture to the Turkish group.

Romanian Lawmakers Convene To Read Out Opp Parties’ No-Confidence Motion Over Unitary Wage Law

Romanian lawmakers on Friday convened in a plenary meeting to read out the opposition’s no-confidence motion over the public sector unitary wage law for 2011, for which the Government sought a confidence vote early this week.

Munich-Bound Lufthansa Flight Lands In Romania As Passenger Gets Sick

A Munich-bound flight of German airline Lufthansa that had taken off in Tbilisi, Georgia landed in Constanta, southeast Romania, Friday morning, after one of the passengers on board complained of chest pains.

Romania 6-Mo Econ Outlook Rises To 40.4 Points In November – Survey

Romanian economic outlook for the next six months improved in November from a month earlier, with the country advancing to top position in Central and Eastern Europe, a ZEW/Erste survey showed Thursday.

Romania’s 2011 Clunkers Program To Be Similar To That In 2010 – Environment Minister

Romanian authorities decided the 2011 edition of the country’s clunkers program will be allotted the same number of vouchers as in 2010, set at the same value, Environment Minister Laszlo Borbely told a news conference Thursday.

Romanian President Passes Public Pension Law

Romanian President Traian Basescu on Wednesday signed the bill on the unitary public pension system into law.

Romanian Senate Chairman Challenges Constitutionality Of Education Law

Romanian Senate Chairman Mircea Geoana on Wednesday challenged the education law, arguing that its adoption through a vote of confidence in the Government was unconstitutional, but also contesting its content.

Romanian Opposition Parties Call On Constitutional Court To Analyze Education Law

Romanian deputies of two opposition parties, the Social Democratic Party and the Liberal Party, have filed a request with the Constitutional Court concerning the education law, for which the Government sought a vote of confidence in Parliament.

France, Netherlands On Diplomatic Offensive Against Romania’s Schengen Accession – President

Romania’s President Traian Basescu said Wednesday on public radio that France and the Netherlands are carrying out a diplomatic offensive to convince more countries that Romania should not be allowed to join the Schengen Area unless it solves problems in the justice sector.

Romanian President Says Law On High Council Of Magistrates Must Be Amended

Romanian President Traian Basescu told Hotnews Wednesday that few Romanians blame the High Council of Magistrates (CSM) for the situation of the country’s justice system and prefer to hold politicians, the Government and the president responsible for problems in the sector.

Romanian President Accuses Opposition Of Pushing Romania Off Track

Romania’s President Traian Basescu said Wednesday on public radio the opposition’s goal is for the country to derail so that businessmen that are behind opposition leader can rebuild their fortunes affected by the crisis.

Romanian Constitutional Court Clears Reexamined Pension Law

Romania’s Constitutional Court Wednesday ruled the pension law reexamined and adopted by the Parliament at the president’s request is constitutional, rejecting opposition liberals’ claims.

Romanian Opposition To Submit Two No-Confidence Motions Over Public Sector Wages

Romanian opposition Social Democratic Party leader Victor Ponta said Wednesday the opposition will submit two motions of no-confidence in Parliament over the wage law for 2011 and the unitary wage law, for which the Government sought MPs' confidence vote Tuesday.

Romanian Auto Market 14th Largest In EU In Nov – ACEA

The Romanian auto market had the fifth biggest growth in the EU in November and climbed a position in the ranking of the biggest car markets in Europe, to 14 from 15 last year, according to data released Wednesday by the European Carmakers Association (ACEA).

Nearly One Third Of Romanians Would Migrate If Given The Chance- Poll

Nearly one third of Romanians, or 31%, would leave their country permanently if they had the opportunity, while Britons are the most eager Europeans to leave their country, with 33%, according to a Gallup survey released Tuesday.

Romanian President Criticizes Country’s Justice System

Romanian President Traian Basescu suggested some of the members of the High Council of Magistrates who think they are above everyone else are responsible for “the harm done to Romania.”

Romanian MPs Reject Prosecution Against Fmr Minister Ridzi

Romania’s Chamber of Deputies Tuesday rejected anticorruption prosecutors’ requests to extend criminal investigations and search the computers used by against former youth and sports minister Monica Iacob Ridzi.