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Romania 7-Mo Car Production Hit 219,656 Units

16:07, 20 Aug. 2010

Romania’s Automobile Dacia, owned by French Renault, produced 215,463 cars in the first seven months of the year and Ford Romania produced 4,178 units in the same interval, according to data released by Romania’s Association of Carmakers and Importers APIA.

EU Strategy Regarding Roma Ethnics Impossible At The Moment – Romanian Official

13:00, 20 Aug. 2010

The Romanian presidential adviser for European Affairs, Leonard Orban, said Friday on RFI Romania that it is impossible to draw up a European strategy regarding Roma ethnics at the moment, as the European Union lacks expertise to deal with this problem.

Kazakhs Paid Only 10% Of Romanian Petromidia’s Debt To The State – ZF

12:19, 19 Aug. 2010

Romanian Rompetrol Rafinare (RRC.RO), the owner of Petromidia refinery controlled by Kazakh KazMunayGas, paid so far less than 10% of the EUR570 million loan falling due at the end of September, while the rest of the sum might be converted into shares, to settle the rest of the debt.

Romania’s Econ Min Sustains State Monopoly In Power Transport

12:10, 19 Aug. 2010

Romania’s Economy Minister Adriean Videanu on Thursday said he supports keeping the state monopoly in the electricity transport, as it ensures a non-discriminating access to energy for all companies.

Romanian Health, Interior Ministry Teams To Carry Out Fire Prevention Checkups in Hospitals

10:35, 19 Aug. 2010

Romania’s Health Ministry and the Interior Ministry will check up hospitals countrywide to see if they are properly equipped to prevent fire, Health Minister Attila Cseke said Wednesday evening on private television Realitatea TV.

Death Toll Among Romanian Babies Injured In Explosion Rises To Five

09:44, 19 Aug. 2010

One of the seven babies admitted to Grigore Alexandrescu children hospital in Bucharest after they have been severely injured in an explosion at Giulesti maternity hospital died Wednesday night, taking the death toll among babies to five.

Anatoly Akopov – Russian Diplomat Declared Persona Non Grata By Romanian Authorities

10:24, 18 Aug. 2010

Anatoly Akopov is the Russian diplomat declared persona non grata by Romanian authorities, following similar measures taken by Russia against Romanian diplomat to Moscow Gabriel Grecu accused of attempting to obtain military secrets, people close to the matter told MEDIAFAX Wednesday.

Fmr Romanian Diplomat To Moscow Collected Information About Moldova, Transnistria

09:38, 18 Aug. 2010

The former secretary of the political department in the Romanian Embassy to Moscow was collecting information regarding the Republic of Moldova and Transnistria, as well as compromising data about Transnistrian politicians, Russian federal security service FSB said in a press release Tuesday.

Romania Ranked 39th In World’s Best Countries Top – Newsweek

21:11, 17 Aug. 2010

Romania is ranked 39th in a top of the world’s best countries by American magazine Newsweek, below every other European Union member states.

Russian Envoy To Bucharest Declared Persona Non Grata By Romanian Authorities

19:50, 17 Aug. 2010

A Russian envoy to Bucharest was declared persona non grata by Romanian authorities and has 48 hours to leave the country, Romania’s Foreign Affairs Ministry said Tuesday.

Romanian Senate Committees Adopt National Integrity Agency Bill

15:40, 17 Aug. 2010

The Romanian Senate’s committees for legal matters and human rights adopted Tuesday a favorable report on the National Integrity Agency (ANI) bill, with nine pro votes and seven abstentions.

Several Romanian Mandatory Private Pension Funds Fined RON5.2M For Breaching Competition Law

14:12, 17 Aug. 2010

Romania’s Competition Council fined 14 mandatory pension funds 5.2 million lei (EUR1=RON4.2356), after they were found to have “agreed” to breach the law regulating the distribution of contributors to two or more mandatory private pension funds.

World Bank: Romanian Public Sector Simply ‘Too Costly’

14:23, 16 Aug. 2010

Romania has an inefficient, highly costly public sector and the government needs to trim administrative spending toward levels more suited for its capacity to attract revenue, the World Bank said Monday.

Romania, Sole Net Debtor In EU New Members – Fiscal Council

16:21, 11 Aug. 2010

Romania is the only country out of 10 states that joined the European Union after 2004 who are in the position of net debtor, with a negative balance of EUR455.9 million for the years 2007-2009, the Fiscal Council said Wednesday.

Fitch Affirms Romania At ‘BB+’; Outlook Stable

16:16, 09 Aug. 2010

Fitch Ratings on Monday affirmed Romania's long-term foreign and local currency issuer default ratings (IDRs) at 'BB+' and 'BBB-' respectively, with stable outlooks, citing the country’s improved external position and sufficient government action to cut the budget deficit.

Romanian Entrepreneurs Compelled To Return Funds If EU Projects Carried Out Illegally – PM

12:15, 06 Aug. 2010

Romanian Prime Minister Emil Boc Friday warned the representatives of small and medium enterprises (SMEs) that they will be compelled to return the money granted by the European Union if their EU-financed projects are not transparent and do not observe the law.

Romania Engages To Raise Tariffs Of 10 Largest Loss-Making Public Cos

20:58, 04 Aug. 2010

Romania’s government promised the International Monetary Fund to raise the tariffs of the 10 largest loss-making state-run companies, inclusively passenger rail company CFR Calatori, electricity producer Termoelectrica and subway company Metrorex.

Romania To Change Ordinance On Consumer Credit Contracts

19:15, 04 Aug. 2010

Romania’s government will change the ordinance on consumer credit contracts, so that the normative would comply with the European Union legislation, mainly as regards non-retroactivity.

Romania’s Govt To Freeze Pensions In 2011

18:50, 04 Aug. 2010

Romania’s Government will not increase pensions in 2011 and will eliminate the 13th salary, vacation bonuses and heating subsidies, according to an additional letter of intent to the stand-by agreement with the International Monetary Fund, obtained by MEDIAFAX.

Romanian Govt Pledges To Sack 74,000 State Employees In 2010, At Least 15,000 In 2011

17:49, 04 Aug. 2010

Romania’s Government pledged to lay off 74,000 state employees by the end of 2010 and at least 15,000 more in 2011, according to a letter of intent on the stand-by agreement with the International Monetary Fund, obtained by MEDIAFAX.

Oil Spill Detected In Black Sea, Close To Romanian, Bulgarian Seashore

15:38, 04 Aug. 2010

Several oil slicks have been detected via satellite in the Black Sea, close to the Romanian and Bulgarian seashore, Novinite.com reported on Wednesday.

Romanian Labor Committee Assigned To Complete Pension Bill Report By Sept 1

14:50, 04 Aug. 2010

The Standing Bureau of the Romanian Chamber of Deputies decided Wednesday to assign the labor committee to complete the report to the unitary pension law by September 1, said Chamber of Deputies Speaker Roberta Anastase.

Hydrologists Issue Code Yellow Flood Alert For Rivers In C, S, W Romania

13:52, 04 Aug. 2010

Romanian hydrologists issued Wednesday a code yellow flood advisory for several rivers in the central, southern and western parts of the country and, due to precipitation expected in the upcoming 24 hours, waters could exceed alert levels by Thursday afternoon.

Romania’s Employment Rate Among Lowest In EU – Eurostat

13:26, 04 Aug. 2010

Romania has one of the lowest employment rates in the European Union for people aged 15 to 64, of just 58.6% in 2009, while the European average is at 64.6%, the EU’s statistical office Eurostat said Wednesday.

Romania’s Govt Asks IMF To Extend Pension Bill Adoption Deadline

12:19, 03 Aug. 2010

Romania’s Government asked the International Monetary Fund to extend until September 30 the deadline by which the unitary pension bill should be adopted in Parliament, after the IMF called on authorities to make sure the draft law is adopted by September 15, people close to the matter said Tuesday.

Romania’s 2011 Salary Fund, Public Sector Layoffs Allow Wage Rise – Fin Min

21:19, 02 Aug. 2010

Romania could raise salaries by an average of over 10% if 60,000 positions in the public sector are eliminated and considering a 2011 salary fund of 39 billion lei (EUR1=RON4.2463), Finance Minister Sebastian Vladescu said Monday.

Romania’s 2011 Draft Budget Eyes 2% Econ Growth, 4.4% Deficit

19:52, 02 Aug. 2010

Romania’s next year draft budget, discussed with the International Monetary Fund, stipulates a 1.5-2% economic growth and a budget deficit of 4.4% of the gross domestic product, Finance Minister Sebastian Vladescu said Monday.

Romanian Govt Approves Fiscal Code Application Norms

19:24, 02 Aug. 2010

Romania’s Government approved Monday the application norms for recent amendments to the Fiscal Code, which extend the tax pool and introduce social security contributions for income gained from copyright.

Romanian Police Union Threatens Protests Over Planned Layoffs

15:28, 02 Aug. 2010

Romanian police unionists will stage protests if the bodies subordinated to the Interior Ministry are restructured, union leader Marin Gruia told MEDIAFAX Monday.

Romania Fin Min Says Talks With IMF Don’t Tackle Further Tax Hikes

11:10, 30 Iul. 2010

Talks between Romanian authorities and the International Monetary Fund’s mission don’t include further tax increases for the country, either this year or in 2011, Finance Ministry Sebastian Vladescu said Friday.

Romania’s Wage Law Must Be Amended To Show Results In 2011 – IMF Official

17:09, 29 Iul. 2010

The International Monetary Fund’s mission chief to Bucharest, Jeffrey Franks, said Thursday after talks with Romanian Labor Minister Mihai Seitan that the country’s unitary wage law must be amended so that its principles take effect in 2011.

Romania Launches Tourist Brand At Shanghai Expo

13:31, 29 Iul. 2010

Romania’s tourist brand, under the slogan "Explore the Carpathian garden", was launched Thursday at the 2010 World Expo in Shanghai.

Romanian Foreign Min Wants To Entice Chinese Tourists Into Visiting Romania

12:53, 29 Iul. 2010

Romania’s Foreign Affairs Minister Teodor Baconschi told a news conference in Shanghai, on Thursday, that he will hold talks with Chinese officials on easing visa procedures so that Chinese citizens start visiting Romania.

Romanians Occasionally Gaining Copyright Income Exempt From Social Security Contributions

18:53, 28 Iul. 2010

Romania’s Government decided in its meeting Wednesday that people who own a record of employment and gain copyright income only occasionally will not pay social security contributions for the income obtained from copyright.

Romanian Govt Reduces By 25% Total No. Of Positions Within Youth, Sport Bodies

18:51, 28 Iul. 2010

Romania’s Government decided to reduce by 25% the total number of positions within youth and sports bodies subordinated to the Education Ministry, by merging sports and youth county structures and restructuring the National Authority for Sports (ANS).