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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.

Romania To Widen Health Insurance Tax Base To Pensioners Earning At Least RON740

07:11, 07 Dec. 2010
The Romanian Government decided that pensioners whose monthly income is at least 740 lei (EUR1=RON4.3110) should pay contributions to public health insurance, which enlarges the taxation base by 2 million people, Health Minister Attila Cseke said Monday.

Romania To Provide Child-Rearing Aid For Less Time, Same Amount

20:36, 06 Dec. 2010
Child-rearing aid in Romania will be provided for one year as of 2011, reduced from the present two years, but in the same amount, a change that will not apply to current beneficiaries, Prime Minister Emil Boc announced Monday evening.

Romanian Govt Considers Social Health Insurance Contributions From Pensioners

18:12, 06 Dec. 2010
Romanian President Traian Basescu and the ruling coalition discussed on Monday whether pensioners should contribute to the social health insurance fund, says daily newspaper "Gandul".

Romania Taxes Labor Excessively, Capital Below EU Limits – Business Environment Representative

15:32, 06 Dec. 2010
Romania taxes labor excessively, while capital is taxed below European limits, which leads to tax evasion because people would rather be paid in dividends or receive undeclared salaries, said Romanian Businesspeople Association (AOAR) president Florin Pogonaru.

Bucharest Maternity Hospital Fmr Manager, Nurse Indicted In Fire Case

14:02, 06 Dec. 2010
Romanian prosecutors indicted Bogdan Marinescu, former manager of the Giulesti maternity in capital Bucharest, nurse Florentina Carstea and three other people, in the case involving a fire in the hospital’s maternity ward, which left six newborn babies dead and five injured.

Romanian President Says Budget Doesn’t Allow Paying Child Rearing Benefits For 2 Yrs – Sources

13:14, 06 Dec. 2010
Romanian President Traian Basescu told coalition leaders in a meeting Monday the country’s budget resources don’t allow the keeping of child rearing benefits for the current period of two years and suggested parental leave should be shortened to one year, people at the meeting told MEDIAFAX.

Romanian Govt To Consult Ruling Coalition MPs On Child Rearing Benefits

12:31, 06 Dec. 2010
Romania’s Government will decide whether to lower or keep child rearing benefits unchanged after consultations with lawmakers of the ruling coalition parties Monday, people close to the matter told MEDIAFAX.

Romanian President Attends Coalition Meeting On State Budget, Parental Leave

10:39, 06 Dec. 2010
Romania’s President Traian Basescu went to the Government’s headquarters Monday morning where ruling coalition members met to discuss the 2011 state budget and what to do about propositions to halve parental leave, people close to the matter told MEDIAFAX.

Romanians Drink Less Spirits Because Of The Recession

07:03, 06 Dec. 2010
Consumption of spirits in Romania has decreased this year to 5 liters per capita from 6 liters per capita last year because of the recession, Romulus Dascalu, head of the Garant employers’ association in the industry, told MEDIAFAX.

EC Calls On Romania To Exempt Energy Regulator From Unitary Wage Law

07:02, 06 Dec. 2010
The European Commission has warned the Romanian Government the application of the unitary wage law on the country’s energy regulator ANRE could affect the institution’s independence which could bring about an infringement procedure, people close to the matter told MEDIAFAX.

Romania Launches EUR5.5B In EU-Funded Infrastructure Projects By End-2011

15:08, 05 Dec. 2010
Romania’s Transport Ministry will launch EU-funded projects worth EUR5.57 billion by the end of next year, among which the construction of 289 kilometers of highway and the upgrade of 166 kilometers of railway, Transport Minister Anca Boagiu said Sunday.

Romania Uses Anti-Fraud Software In By-Election For MP Seat

14:08, 05 Dec. 2010
Authorities in Hunedoara county, western Romania, are using a fraud-detection software application in Sunday’s by-election for a vacant lawmaker seat in the Chamber of Deputies.

Romanian Farmers To Receive RON1.27B State Aid In 2010-2011 – Draft

13:50, 05 Dec. 2010
Romanian farmers will receive subsidies amounting to 1.27 billion lei (EUR1=RON4.2923) for the August 2010-December 2011 interval, according to a draft Government decision.

Romanian Tourism Min Says Hotel Owners Who Don’t Invest May Be Expropriated

18:45, 04 Dec. 2010
Romanian Tourism Minister Elena Udrea said Saturday owners of hotels in spa resorts who bought them “for nothing” and keep them in ruins risk fines or confiscation, adding a law in this respect already exists.

Romanian PM Says Transylvania Hwy Works To Continue, Govt Seeks Funding

17:26, 04 Dec. 2010
Romania’s Prime Minister Emil Boc said Saturday works on the Transylvania Highway will continue in 2011, adding the Government is seeking ways to continue funding the project.

All Flights From Bucharest To Spain Canceled Over Spanish Air Traffic Controllers Strike

17:17, 04 Dec. 2010
Five two-way flights from Romania’s capital Bucharest to Spain’s Madrid, Barcelona, Saragossa and Valencia have been canceled and two planes that were supposed to land in Bucharest from Madrid and Barcelona have been grounded Saturday because of a strike of Spanish air traffic controllers.

Romanian Govt To Seek Conf Vote To Pass Wage Bill On Dec 14

14:48, 04 Dec. 2010
Romania’s Government will seek a confidence vote in Parliament on December 14 to pass into legislation an IMF-required unitary wage bill for the public sector and the 2011 state budget law will be sent to Parliament for approval next week, Prime Minister Emil Boc said Saturday.

Romanian PM Calls On Parliament To Set Date For No-Confidence Motion Vote

13:49, 04 Dec. 2010
Romanian Prime Minister asked the Parliament Saturday to set a date for the vote on a no-confidence motion and thus carry on with procedures for the adoption of the education law.

Union Leader Says Furlough Regulation, Work Booklets Are Romania’s Major Priorities

13:25, 04 Dec. 2010
The head of Romanian union federation Cartel Alfa, Bogdan Hossu, said Saturday Romania’s two major problems are the regulation of furlough and the situation of work booklets, which are on the verge of extinction.

Registrations Of New Renault, Dacia Cars In Germany Down 32.6% In November

18:45, 03 Dec. 2010
Registrations of new Renault and Dacia cars in Germany fell 32.6%, to 12,717 units, in November 2010, while the market on the whole declined 6.2%, to 262,202 units.

Romanian Dacia Car Registrations In Spain Almost Doubled In Nov, To 2,138 Units

18:44, 03 Dec. 2010
Registrations of Romanian Dacia cars in Spain increased by 48% in November, to 2,138 units, from 1,444 cars in November last year, while the overall Spanish car market dropped 25.5% to 64,810 units, according to carmaker association ANFAC.

Outdoor Advertising Banned In Romanian Parks, On Public Buildings, Trees – Bill

17:28, 03 Dec. 2010
Placing outdoor advertising supports could be banned in Romanian parks, on trees, in natural reserves, on the headquarters of public institutions, on roadways and in other spots deemed improper by the local administration.

Meteorologists Issue Code Yellow Snow Alert For E, SE Romania

14:40, 03 Dec. 2010
Meteorologists on Friday issued a code yellow snow storm advisory for 14 counties in eastern and southeastern Romania, valid Saturday afternoon through Sunday morning.

Romania To Eliminate Govt Inspectors From High Public Servants Category – Bill

10:30, 03 Dec. 2010
The position of government inspector will be eliminated from the category of high public servants and people filling such positions will be transferred to a reserve body from where they could occupy executive positions, according to propositions to change the statute of Romanian public servants.

Romania 3Q Net Investment Down 14.2% On Year To RON14B

10:27, 03 Dec. 2010
Romanian net investments fell 14.2% to 14.13 billion lei (EUR1=RON4.2923) in the third quarter compared with the year-earlier period, largely due to a slowdown in construction, the country’s statistics institute INS said Friday.

EP Petition On Romanian Defense Strategy Rejected Through EPP Vote

19:30, 02 Dec. 2010
The petition concerning Romania's National Defense Strategy was rejected Thursday in the European Parliament's Committee on Petitions, after the members of four parties left the meeting, social democrat MEP Victor Bostinaru told MEDIAFAX.

Romanian Govt To Approve Draft 2011 State Budget Monday – Sources

18:35, 02 Dec. 2010
Romania’s Government will approve the draft state budget for 2011 in a meeting Monday, people close to the matter said Thursday.

Romania To Levy Higher Taxes On Trucks Heavier Than 12 Tons

17:20, 02 Dec. 2010
Taxes on trucks heavier than 12 tons could almost double as of next year, according to a draft decision by Romania's Ministry of Transports.

Romanian Mandatory Car Insurance Cheaper Next Yr Compared To ‘10

16:31, 02 Dec. 2010
Romanian mandatory civil liability car insurance RCA will be cheaper in 2011 in most cases, compared to this year, according to the tariffs reported by seven insurers.

Romanian Postal Workers Protest Over Small Wages, Improper Work Conditions

14:54, 02 Dec. 2010
About 30 Romanian postal service union leaders on Thursday staged a one-hour spontaneous protest outside state-run postal company Posta Romana, over small salaries and improper work conditions.

Romanian Telecom Op Romtelecom, Company Manager Indicted On Manslaughter Charges

14:20, 02 Dec. 2010
Prosecutors in Constanta, southeast Romania, are pressing charges against telecom operator Romtelecom and the company’s manager for the southeast region, Ovidiu Pripis, for the death of a 12 year-old girl who was killed by a telephone pole that collapsed in June 2009.

Romania To Ban Non-Organic Fermented Drinks, Except Beer, Wine

13:56, 02 Dec. 2010
The use of sugars, starch or similar products in producing fermented alcoholic drinks, other than beer and wine, to increase potential alcohol levels, will be prohibited, says a draft decision by the Ministries of Agriculture and of Health.

IMF Asks Romanian Govt To Reduce Maternity Leave To One Yr – Sources

13:50, 02 Dec. 2010
The International Monetary Fund asked the Romanian Government to reduce maternity leave to one year and set child-rearing allowance at values ranging between 600 lei (EUR1=RON4.2923) and RON1,000, people close to the matter said Thursday, after a meeting of the country's ruling coalition.

Bucharest New Housing Sales Fall On Low Consumer Confidence

13:13, 02 Dec. 2010
Bucharest’s stockpile of newly-built housing stood at 10,000 units in the beginning of the year, with less than a quarter sold so far for prices below EUR90,000, the threshold applied for 5% VAT eligibility, according to a survey by real estate consultancy firm Real Time.

Romanian Mothers To Protest Next Week At Govt HQ Over Maternity Leave Reduction Plans

12:47, 02 Dec. 2010
Romanian mothers will stage protest at the Government headquarters Wednesday over the proposition made by Labor Minister Ioan Botis to reduce maternity leave from two years to one year, mother representatives said in a press release Thursday.

Romania’s Ruling Coalition Meets For Talks On Maternity Leave Propositions

11:40, 02 Dec. 2010
Leaders of Romania's ruling coalition Thursday convened at the Government for debates on additional maternity leave propositions, after Labor Minister Ioan Botis suggested that maternity leave should be reduced from two years to one year.

Romanian Fin Min says 2011 Budget To Provide More For Investments, Cut Social Spending

11:25, 02 Dec. 2010
Romania can’t draft a budget with just wage payment and social spending in mind and the budget philosophy for 2011 is to earmark as many funds as possible for investments and co-financing, Finance Minister Gheorghe Ialomitianu said Thursday.