romania

Romania Must Uphold Strategic Business Fields To Make It Out Of Econ Crisis – PM

Romanian Prime Minister Emil Boc on Wednesday said Romania will rejoice many achievements as European Union member state and will be able to make it out of the crisis if it focuses on fields that can bring out its business potential.

Georgian President Mikhail Saakashvili To Visit Romania In Spring – Press

Georgian President Mikhail Saakashvili is expected to visit Romania this spring, Saakashvili’s spokesperson Manana Manjgaladze said, quoted by newspaper Georgian Times on its website.

Fitch Revises Romania Outlook To Stable, Affirms ‘BB+’ Rating

Fitch Ratings revised Romania's outlook to stable from negative, while affirming the country's ratings, citing an improvement in external financial and economic conditions, the ratings agency said Tuesday.

U.S. Secretary Of State Thanks Romania For Committing Extra Troops To Afghanistan

U.S secretary of state Hillary Clinton Thursday thanked the United Kingdom, Germany, Italy and Romania for deciding to commit additional troops to Afghanistan, U.S. State Department said in a press release.

EIU Says It Is Unclear Whether Hostile Relations With Russia Are In Romania’s Interests

Russia is particularly annoyed by Romanian President Traian Basescu’s “irredentist attitude” to the Republic of Moldova, the Economist Intelligence Unit (EIU) said in a report, adding it is unclear whether Romania’s interests are best served by having a hostile relationship with Russia.

Romania To Set Up Citizenship Special Agency – President

Romania’s President Traian Basescu said Wednesday, during an official visit to Chisinau, the country’s Government will issue an emergency ordinance to set up a special agency granting Romanian citizenship to those who lost it.

Romanian President Welcomes Moldova’s Endeavor To Get Closer To EU

Romania’s President Traian Basescu said Wednesday in Chisinau that the Republic of Moldova shows positive signs of getting closer to European Union, adding Moldova’s new ruling power was "pretty convincing" that it strongly wishes to come closer to the European community.

IMF, Romania Agree On Pension, Fiscal Responsibility Bills – Official

The International Monetary Fund and the European Commission have reached an agreement with the Romanian authorities on the content of the bills on public pensions and fiscal responsibility, IMF mission head Jeffrey Franks said Tuesday.

Coface Sees Romania’s 2010 GDP Growth Above 0.5%

Risk management company Coface estimates Romania's economy will grow by more than 0.5% in 2010, fueled by the economic recovery in the European Union and the United States.

WB Mission To Romania To Focus On Public Sector Reform

A World Bank mission, which will be in Bucharest along similar missions from the EU and the IMF during February 20-27, will mainly target Romania’s reform of the public sector, social assistance, and the reforms in the financial sector.

Romania Jan-Nov ’09 Trade Gap Narrows To EUR8.7B

Romania’s trade deficit narrowed to EUR8.7 billion in January-November 2009, from EUR21.94 billion in the same period the year earlier, the National Statistics Institute said Monday.

Low-cost Airliner Wizz Air Estimates 21% Hike In Passenger Traffic In Romania In 2010

Low-cost airliner Wizz Air estimates to carry nearly two million passengers to and from Romania in 2010, up 21% from 2009 when it carried 1.65 million passengers, considering the company's intention to launch new flights and extend its fleet.

Romanian Citizen Dies In Car Crash In N Hungary

A Romanian citizen died and other two people were severely injured in a car crash in Orhalom, northern Hungary, after a vehicle collided with a police car, Hungarian news agency MTI informed, citing local officials.

Turkey’s Private Hospital Network Medicana Eyes Romanian Mkt

Medicana Hospital, one of Turkey’s leading private healthcare provider networks, plans to expand overseas to countries like Romania and Bulgaria, and seize the opportunities provided by the healthcare tourism industry in the European Union, according to publication Today's Zaman.

Romania Beats Australia 2-1 At Hopman Cup

Romania’s Sorana Carstea and Victor Hanescu have beaten Australia’s Samantha Stosur and Lleyton Hewitt 7-5, 6-1 Saturday in mixed doubles to give Romania a 2-1 win in the opener of the Hopman Cup teams tennis tournament held in Perth, Australia.

Romania To Cut Public Spending By 2.5% Of GDP In 2010 – IMF

The International Monetary Fund and the Romanian Finance Ministry agreed on measures to reduce the public expenditure by 2.5 percentage points of the gross domestic product next year, in order to reach a budget deficit target of 5.9% from the GDP, the fund said Thursday.

IMF Mission Head Joins Team To Discuss Romania’s Budget

Jeffrey Franks, the head of the International Monetary Fund's review mission, will arrive Monday in Bucharest to take part Tuesday at technical discussions on Romania's 2010 budget draft, according to Tonny Lybek, IMF Regional Resident Representative for Romania and Bulgaria.

IMF Delegation To Discuss Romania’s 2010 Budget

An International Monetary Fund delegation arrived Monday in Bucharest to discuss the draft budget for 2010 jointly with the Finance Ministry representatives, and to prepare the second review of the stand-by agreement, which might take place in January, after the new government is formed.

Russian Foreign Affairs Spokesman Nesterenko Asks Romanian Pres To Be Respectful

Russia would like Romanian President Traian Basescu to take on a normal and respectful attitude towards Moscow and its foreign policy, said Russian Foreign Affairs Ministry spokesman Andrei Nesterenko in a press conference.

Romanian Jan-Oct Trade Gap Narrows To EUR7.86B

Romania’s trade deficit narrowed in the first ten months to EUR7.86 billion from EUR20.17 billion in the same period the year before, the National Statistics Institute said Thursday.

Romanian Women’s Handball Team Wins Against Tunisia In World Championship

Romania’s national women’s handball team won Wednesday against Tunisia, 39-22 (23-10), the fourth win in the preliminary C group of the World Championship taking place in China.

Four Dutch Railway Industry Companies Interested In Romanian Market

Officials of four Dutch railway companies will visit Romania next week to set up partnerships, Romanian Railway Industry Association secretary general Stefan Roseanu told MEDIAFAX Friday.

Romania Registers Third AH1N1 Fatality

Romania has registered a third fatality due to the AH1N1 flu virus in an adult and has confirmed other 145 new AH1N1 infections over the past 24 hours, bringing the total number of cases to 2,975, the country’s Health Ministry said Saturday.

New European Commission Composition To Be Announced Friday

The composition of the new European Commission will be announced Friday around noon, in Brussels, with Romania's former agriculture minister Dacian Ciolos nominated for the agriculture portfolio, diplomatic sources told MEDIAFAX.

România este a 11-a ţară din lume şi a 7-a din Europa care are vaccin pandemic

România este a unsprezecea ţară în lume şi a şaptea în Europa care are vaccin pandemic A/H1N1, a declarat, joi, Viorel Alexandrescu, şeful Centrului Naţional de Referinţă pentru Gripă din Institutul Cantacuzino, acesta adăugând că vaccinarea va începe probabil luni în toată ţara.

Coface Sees Romanian GDP Up 1% In 3Q, 4Q 2010

Romania's economy might post a growth of around 1% in the last two quarters of 2010, risk management company Coface officials said Monday.

Romanian, Moldovan Presidents Discuss Recent Agreements

Romanian President Traian Basescu and Moldovan Prime Minister Vlad Filat held, Saturday, a telephone conversation on the application of the agreement for small traffic around the border, as well as the opening of Romanian consular offices in Moldovan cities Cahul and Balti, and Romanian city Iasi.

Romania Gets EC Warning Over Failure To Meet Air Quality Standards

Romania and seven other European Union member states received a warning with regard to their failure to improve air quality, and the main problems the European Commission referred to were emissions of tiny airborne particles known as PM 10.

Romania Exits World Top 10 Riskiest States As Debt Risk Improves

Romania has improved its credit default risk over the third quarter of 2009 and is no longer among the world’s 10 riskiest issuers of sovereign bonds, being replaced by Lebanon, according to a report from London-based Credit Market Analysis.

Romania Ready To Send More Troops To Afghanistan To Staunch Taliban Insurgency – President

Romanian President Traian Basescu on Thursday said Romania is closely analyzing the possibility of increasing the number of troops in Afghanistan, adding that, "if Taliban forces are not defeated in Afghanistan, they will move on to the Caspian Sea and the Black Sea."

Romania To Donate 400,000 Doses Of Anti-Flu Vaccine To Moldova

Romania will donate 400,000 doses of anti-flu vaccine to the Republic of Moldova, with details to be settled soon.

EIU: Romania-EU Relations Still Tense Over Thin Progress In Fighting Corruption

Romania’s relations with the European Union remain complicated due to long-delayed reforms of the judiciary and high corruption levels, a report of the Economist Intelligence Unit (EIU) showed.

IMF: Parent Banks Reaffirm Commitment To Romania

The parent banks of Romania’s top nine lenders on Wednesday reaffirmed their commitment to keep their exposure to the country and ensure capital adequacy levels over 10% for their subsidiaries, the International Monetary Fund said in a statement.

U.S. Backs No Candidate In Romania’s Presidential Race – Ambassador

U.S. Ambassador to Bucharest Mark H. Gitenstein said Wednesday in a press release that the United States has no candidate in Romania’s presidential race due this weekend and no agency of the United States Government is taking actions to influence this race.

TI: Romania Seen As Most Corrupted EU Country, No Progress Since 2008

Romania ranks last among European Union member states in 2009 in the Global Corruption Barometer by Berlin-based watchdog Transparency International (TI), which indicates Romania has made no progress in its fight against corruption since 2008.

TI: România – cea mai coruptă ţară din UE

România ocupă, în 2009, ultimul loc din Uniunea Europeană în clasamentul Transparency International (TI) din punct de vedere al indicelui de percepţie a corupţiei, la egalitate cu Bulgaria şi Grecia, în contextul în care ţara noastră nu a înregistrat niciun progres faţă de anul precedent.

Romania’s Population Sees Growth In September ’09

Romania's population increased in September 2009, when there was a natural positive evolution, the National Institute of Statistics (INS) said Monday.

EU Clears Romanian State Guarantee To Ford Loan

The European Commission on Friday approved Romania's plan to guarantee 80% of a loan taken by US carmaker Ford from the European Investment Bank for investments in its plant in Craiova, southern Romania.

EIB Plans To Grant EUR1.5B Loans In Romania In 2010

The European Investment Bank estimates it will grant loans of EUR1.5 billion in Romania next year, for energy projects, SMEs support and local authorities' investments, the bank's vice-president Matthias Kollatz-Ahnen said Thursday in Bucharest.

Isărescu ar vrea realocarea banilor dinspre salarii spre investiţii

România are ca alternative ori realocarea banilor dinspre salarii spre investiţii, ori majorarea taxelor, total nerecomandată, sau o ajustare brutală din partea pieţelor, a declarat, miercuri, guvernatorul BNR, Mugur Isărescu.