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Talks With IMF On Follow-Up Loan Deal To Begin On January 20 – Romanian PM

15:08, 12 Dec. 2010
Discussions between Romanian authorities and the International Monetary Fund on a potential new loan agreement will begin on January 20, said Prime Minister Emil Boc Sunday on ProTV.

Romanian Govt To Cut Aid For Unemployed People Who Turn Down A Job Offer

20:10, 10 Dec. 2010
Romania's Government has decided to cut unemployment aid to people who turn down a job, regardless of the distance between their home and the position, or who refuse to take part in a professional training program, as of next year.

Romanian Carmaker Dacia Sees ’10 Output At 450,000 Units

18:47, 10 Dec. 2010
Romanian carmaker Automobile Dacia will produce 450,000 units this year and production might increase to 550,000 units per year by 2015, according to Automobile Dacia vice-president Constantin Stroe.

IMF Imposed No Conditions On Parental Leave In Romania – Official

16:06, 10 Dec. 2010
The International Monetary Fund imposed no conditions regarding parental leave in Romania as part of the loan agreement and decisions to reduce parental leave were made by the Government, IMF official Jeffrey Franks said in a letter Thursday.

Romanian Opp Social Democrats Won’t Attend Meeting With President Basescu – Party Leader

14:20, 10 Dec. 2010
Romanian Social Democratic Party leader Victor Ponta said Friday his party will not participate in consultations with President Traian Basescu on Monday at the presidential palace, adding Basescu can no longer be considered head of state, but merely the head of the ruling Democratic Liberal Party.

Romania Jan-Oct Trade Gap Narrows To EUR7.7B

11:58, 10 Dec. 2010
Romania’s trade deficit narrowed to EUR7.7 billion in the first ten months, from EUR8.09 billion in the same period a year earlier, the National Statistics Institute said Friday.

Romania Nov CPI +0.5 On Month, Annual Inflation Eases To 7.7%

10:30, 10 Dec. 2010
Romanian consumer prices rose 0.52% on the month last month, matching October figures, while the annual inflation eased slightly to 7.7%, the country’s statistics institute INS said Friday.

Romanian Employers Forbidden To Sack Employees In First Six Mos After Parental Leave End

16:04, 09 Dec. 2010
Romanian employers are forbidden to sack employees in the first six months after they return from parental leave, according to an emergency ordinance on new parental leave and child-rearing benefit measures to be implemented starting next year.

Romanian Mothers To Receive Extra Money As Child-Rearing Aid For Multiples

15:14, 09 Dec. 2010
The Romanian Government will grant extra 600 lei (EUR1=RON4.3005) in child-rearing benefits in the case of multiple pregnancy and for a second child born in the interval in which child-rearing aid is paid, the Labor Ministry said in a press release Thursday.

Mobile Operators Vodafone, Cosmote To Launch iPhone 4 In Romania On Dec 17

14:32, 09 Dec. 2010
Apple's iPhone 4 will be available from Romanian mobile operators Vodafone and Cosmote starting with December 17, alongside special plans aimed at its users.

Bucharest Baneasa Airport To Handle Business Traffic, Low-Cost Flights Moved To Otopeni

13:46, 09 Dec. 2010
Romania's Transport Ministry plans to convert Bucharest's Aurel Vlaicu (Baneasa) Airport into one reserved for business flights and move low-cost traffic to the Henri Coanda Airport in the nearby town of Otopeni, meaning higher costs for budget airlines and higher ticket prices.

Only 3% Of Romanians Trust Govt’s Power To Fight Corruption – TI Study

11:48, 09 Dec. 2010
About 83% of Romanians said they do not trust in the efficiency of the Government’s efforts to fight corruption, while one in three Romanians admits to having offered bribe over the last year, according to the Global Corruption Barometer released Thursday by Transparency International.

Romanian Constitutional Court To Rule On Dec 15 On Liberals’ Challenge To Pension Law

11:09, 09 Dec. 2010
Romania’s Constitutional Court will discuss opposition liberals’ challenge to the recently adopted pension bill on December 15, the Court said Thursday.

Romanian Govt Plans To Build 400 Daycare Centers Next Year

11:00, 09 Dec. 2010
Romania’s Government plans to build 400 daycare centers throughout the country next year, mostly in urban areas, Development Minister Elena Udrea said after the Cabinet meeting late Wednesday.

Romanian President Optimistic About Country’s Economic Outlook

10:46, 09 Dec. 2010
Romanian President Traian Basescu said on public television late Wednesday he is optimistic about the country’s economic outlook adding Romania has avoided derailments and is on its way to recovery.

Romanian President Hails Govt Decision On Child Rearing Benefits

10:36, 09 Dec. 2010
Romanian President Traian Basescu said on public television late Wednesday the solution found by the Government for the issue of child rearing benefits and parental leave is good because it brings together all possible options.

Romanian, Kazakh Presidents Set Up Jan Talks For Rompetrol Debt

10:20, 09 Dec. 2010
Romanian President Traian Basescu said Wednesday a Kazakh delegation will arrive in Bucharest in January to discuss the debt owed by oil company Rompetrol.

Snowfall, Strong Wind Expected Throughout Romania Thursday Through Friday

10:08, 09 Dec. 2010
Romanian weather authorities Thursday morning issued a yellow code advisory expecting snowfall, gusty wind and frost throughout the country Thursday evening through Friday at noon.

Romanian Dacia Logan Sales In Russia Up 15% In Jan-Nov 2010

20:49, 08 Dec. 2010
Romanian carmaker Dacia sold 56,119 Logan models in Russia in the first eleven months of 2010, up 15% from 2009, ranking sixth among the best-sold brands, in a market which grew 28%, to 1.7 million cars.

Romanian Cattle Farmers To Receive RON410/Head In State Aid

20:25, 08 Dec. 2010
Romanian cattle farmers will receive state aid amounting to 410 lei/head (EUR1=RON4.2998), according to a Government decision allotting RON569 million for around 225,000 beneficiaries.

Employers In Romania To File Single Online Tax Form As Of 2011

19:11, 08 Dec. 2010
Companies will be able, starting next year, to pay social security contributions and income taxes through a single statement, submitted online to the National Fiscal Administration Agency (ANAF), Romanian Prime Minister Emil Boc announced Wednesday.

Romanian Salary Rights Won In Court Hit RON7B, Payment Postponed For 2012

18:34, 08 Dec. 2010
Sums representing salary rights won in court by Romanian public sector employees total 7 billion lei (EUR1=RON4.2998) and the money will be paid in tranches starting 2012, to allow the Government to stay within the fiscal target agreed with the International Monetary Fund.

Romanian Govt Reduces No Of Work Permits For Foreigners

15:34, 08 Dec. 2010
Romania will issue only 5,500 work permits for foreigners next year, 2,500 fewer than this year, and will issue fewer work authorizations to temporary employees, for whom social security contributions are not paid.

Romanian Hydrologists Issue Flood Warning For Danube

15:20, 08 Dec. 2010
Romanian hydrologists on Wednesday issued a flood warning for the Danube, with a code orange for Calafat-Bechet segment, in the southern Dolj County, and code yellow for the rest of the river's Romanian sector.

Romanian Mothers End Protest At Govt HQ

14:56, 08 Dec. 2010
Protests staged Wednesday outside the Romanian Government by tens of mothers asking authorities to renounce the measure halving the child rearing benefit period, ended after two hours.

Indonesian Court Allows Romanian Fraud Convict Nicolae Popa’s Extradition

14:35, 08 Dec. 2010
An Indonesian court has allowed the extradition of Romanian fraud convict Nicolae Popa, sentenced to 15 years in prison for his part in defrauding 300,000 people in a massive Ponzi scheme, and Romanian judicial authorities are to be informed of this decision within seven days, people close to the ma

Romanian Telecom Mkt Revenues Fell In 2010, Decrease Rate Below 2009 Level

14:31, 08 Dec. 2010
Revenues on the Romanian telecom market continued to decrease this year, but the decrease rate is below that registered in 2009, when the telecom market shrank 15% compared to 2008, to EUR3.9 billion, communications regulator ANCOM president Catalin Marinescu said Wednesday.

Google Expands Street View Service To Eight Romanian Cities

14:17, 08 Dec. 2010
Google on Tuesday expanded its Street View service to allow users to see panoramic images of the streets of eight Romanian cities – the first news announced by the company since it opened an office in Romania in early November.

Romanian Fin Min, Labor Min, PM Meet For Talks On Child Rearing Benefits

13:18, 08 Dec. 2010
Romanian Finance Minister Gheorghe Ialomitianu and Labor Minister Ioan Botis Wednesday arrived at the Government headquarters to meet with Prime Minister Emil Boc for new talks on the measures regarding child rearing benefits, people close to the matter told MEDIAFAX.

Tens Of Romanian Mothers Protest At Govt HQ Over Child Rearing Benefit Measures

12:46, 08 Dec. 2010
Tens of Romanian mothers protest Wednesday outside the Government, calling on authorities to renounce the measure halving the child rearing benefit period.

Spouses, Parents Of Romanian Healthcare System Contributors Still Insured – Health Min

20:29, 07 Dec. 2010
Romania's Health Minister said Tuesday evening that pensioners and revolutionaries will be required to pay 5.5% as contribution to the social health insurance system, as of next year, while first-degree relatives of an insured person, without their own income, will remain exempt from contributing.

Romanian Govt Decides Spouses Of Insured People Must Contribute Or Lose Health Insurance

19:11, 07 Dec. 2010
The spouse or parents of an insured person will no longer be considered insured in the Romanian public healthcare system without paying the required contributions, unless they have a source of income themselves, according to an emergency ordinance amending the Law on healthcare reform.

Taxes On Pensions To Fund Medicine, Hospitals – Romania’s Health Min

17:44, 07 Dec. 2010
Romania’s Health Minister Atilla Cseke said Tuesday that the 1.4 billion lei (EUR1=RON4.3006) to be collected from social health insurance contributions on pensions will be used to cover the costs of compensated medicine and finance hospitals.

EU OKs Romanian Cernavoda Nuke Project

16:49, 07 Dec. 2010
Romanian EnergoNuclear Monday received a favorable response from the European Commission for the construction of two additional reactors at the country’s sole nuclear power plant in Cernavoda, the majority holder in EnergoNuclear said.

Most Romanians To Spend Holidays At Home, On Less Money – Survey

14:09, 07 Dec. 2010
Most Romanians will spend this year's winter holidays at home, with family or friends, and almost half of them will save up for this period in advance, though their budget is significantly smaller than last year's, says a survey by MEDNET.

Food Industry Employers: Romanian Agriculture Consumes More Than It Produces

13:35, 07 Dec. 2010
Romanian agriculture consumes more than it produces and food products whose prices increased the most in the last year were local, said Tuesday Sorin Minea, head of the employers association in the food industry, Romalimenta.

Manpower: 17% Of Romanian Employees Might Cut Staff In 1Q 2011

13:24, 07 Dec. 2010
The Romanian labor market will continue to face difficulties in the first quarter of 2011 when 17% of Romanian employers could cut back on staff while only 15% are considering hiring, according to a Manpower survey released Tuesday.

Modern Retail Exceeds 50% Of Romania’s Commerce In 2010

12:11, 07 Dec. 2010
Modern retail--hypermarkets, supermarkets, cash&carry and discount stores--accounted for over 50% of Romania's total retail market this year, exceeding traditional commerce, according to Competition Council official Valentin Mircea.

Romania’s October Net Salary Flat M-M At RON1,340

10:20, 07 Dec. 2010
Romania’s net average salary in October was at 1,340 lei (EUR1=RON4.3110), similar with the previous month, the National Institute for Statistics, or INS, said Tuesday.

Romanian Govt OKs 2011 State Budget

07:49, 07 Dec. 2010
Romania’s Government approved the 2011 state budget in a Cabinet meeting late Monday and the bill is to be forwarded to parliament immediately, people close to the matter told MEDIAFAX.