romania

Romania’s Jan-Jul Public Debt Rises To 27.9% Of GDP

15:23, 22 Sept. 2009
Romania’s public debt rose to 27.92% of the gross domestic product in January-July period from 21.78% of the GDP at the end of last year, according to Finance Ministry data released Tuesday.

IMF Board OKs Romania’s Access To EUR1.85B Tranche

08:19, 22 Sept. 2009
The International Monetary Fund's Executive Board late Monday granted Romania access to EUR1.85 billion, the second tranche of a EUR13 billion loan, and approved a higher budget deficit target.

Salman Rushdie To Visit Romania In November

12:18, 18 Sept. 2009
World-renowned author Salman Rushdie will visit Romania between November 23 and 26, officials with Romanian publishing house Polirom, which organizes the event, told MEDIAFAX Friday.

Republic Of Moldova Lifts Visas For Romanians

17:16, 17 Sept. 2009
Moldova’s interim president Mihai Ghimpu said Thursday he signed a decree suspending the government’s decision of April 8 which introduced travel visas for Romanian citizens, Unimedia.md reported.

Romania To Overcome Fincl Crisis Late 2010 – Coface

15:50, 17 Sept. 2009
Romania will exit the crisis at the end of 2010, one year later than the USA and Europe's developed economies, as the effects of the crisis also occurred one year later, according to risk management company Coface Romania.

Romania July Constr Output Posts Largest Monthly Fall In EU

13:29, 17 Sept. 2009
Romanian construction output posted in July the biggest monthly decline among European Union states and the third-largest fall compared with the same month of 2008, the EU’s statistics agency Eurostat said Thursday.

Romanian PM Meets Pope Benedict XVI In First Day Of Official Visit To Italy

10:46, 17 Sept. 2009
Romanian Prime Minister Emil Boc and Pope Benedict XVI had a short meeting on Wednesday, part of his two-day official visit to Italy.

Salman Rushdie Might Visit Romania In November

16:32, 16 Sept. 2009
World-renowned author Salman Rushdie could visit Romania in November and is in advanced talks about that with Romanian publishing house Polirom, people close to the talks told MEDIAFAX Wednesday.

Romania’s Two Pwr Holdings Deemed Operational In ‘10, Work In Vain Till ‘12

13:21, 16 Sept. 2009
The two national power holdings the Romanian Government aims to set up through the reorganization of the country’s energy production will become operational in 2010, but they may operate to no avail until 2012, Economy Ministry’s secretary of state Tudor Serban said Wednesday.

Moldova To Lift Visas For Romanians This Week, Says Interim President – Press

16:12, 15 Sept. 2009
Romanians will be able to travel freely to the neighboring Republic of Moldova, as all other EU citizens, starting later this week, said the country’s interim President Mihai Ghimpu, cited by RFI Romania online.

România vrea să exploateze şi să cumpere uraniu din Kazahstan

14:40, 15 Sept. 2009
România a propus Kazahstanului să exploateze, prin Compania Naţională a Uraniului, rezervele de care dispune statul asiatic şi să cumpere, prin contracte pe termen lung, uraniu necesar funcţionării a două reactoare nucleare, a declarat marţi secretarul de stat în Ministerul Economiei, Tudor Şerban.

EU Gen Affairs Council Votes To Spare Romania Of Safeguard Clause

09:32, 15 Sept. 2009
The European Union’s general affairs council CAGRE adopted Monday the European Commission’s recommendation to spare Romania of a safeguard clause under the Cooperation and Verification Mechanism, Romanian Foreign Minister Cristian Diaconescu told MEDIAFAX.

IMF Board To Discuss First Review Of Romania’s Agreement Sept 21

12:28, 14 Sept. 2009
The Board of the International Monetary Fund will analyze and file for approval on September 21 the first review of the stand-by agreement with Romania, as well as the request to change certain performance criteria, according to IMF data.

Antivirus Mkr Kaspersky Puts Romania Among The World’s Top 10 Spammers

14:40, 10 Sept. 2009
Romania became, in the first half of the year, one of the top ten suppliers of unsolicited mail in the world, with a share of 3% in the total amount of spam, higher than Spain, Italy, Germany and Ukraine, according to a report by Russian antivirus maker Kaspersky Lab.

Inflaţia din România, la minimul ultimilor 2 ani

10:38, 10 Sept. 2009
Preţurile de consum s-au redus în august cu 0,19% faţă de luna precedentă, comparativ cu declinul de 0,07% din iulie, iar rata anuală a inflaţiei a coborât pentru a şasea lună consecutiv, de la 5,06% la 4,96%, nivel care nu a mai fost atins din luna august 2007, potrivit datelor INS.

Condiţiile de dezvoltare a afacerilor, mai bune în Botswana decât în România

09:20, 09 Sept. 2009
România va scădea anul viitor zece poziţii, ajungând pe locul 55, într-un top al Băncii Mondiale (BM) privind cele mai favorabile condiţii pentru dezvoltarea afacerilor, în urma unor ţări precum Bulgaria, Azerbaidjan, Botswana sau statele Baltice.

France Draws 1-1 With Romania In World Cup Qualifier

12:49, 06 Sept. 2009
Romania was given a 1-1 draw Saturday evening with France in the World Cup qualifiers, as France defender Julien Escude scored an own-goal, and the country dropped more points and has no chance of being the first in group 7.

Romania Beef Consumption At 10% Of Total Meat Consumption, Well Below EU Avg

15:58, 04 Sept. 2009
Beef accounts for only 10% of Romanians’ total meat consumption, compared to an EU average of 40%, and Romanians only ate 2.6 kilograms of beef per capita in the first five months of the year, according to data of the Ministry of Agriculture.

Number Of Tourists Entering Romania In July Dn 10.9% YY

11:28, 03 Sept. 2009
The number of tourists entering Romania was 10.9% lower in July compared with the same month a year before, while the number of tourists accommodated was down 14.9% on the year, the National Statistical Institute, or INS, said Thursday.

Moody’s: Romania Needs Around 40 Yrs To Converge To EU Average

15:42, 02 Sept. 2009
Romania’s convergence to the EU average will spread over a long time, probably around 40 years, given that a more normal long-term growth rate for the country is most likely of 3-4% per year, according to a Moody's report published Wednesday.

S&P Revises Dn Romania’s GDP, Budget Deficit Forecast

16:12, 01 Sept. 2009
Rating agency Standard&Poor's revised down its predictions on Romania’s economic contraction in 2009, from 5% to 7.6%, and the budget deficit from 6% of the GDP to 6.6% of the GDP, which are nevertheless more optimistic than International Monetary Fund’s latest forecasts on Romania.

Madonna To Leave Romania For Bulgaria Saturday

15:40, 28 Aug. 2009
American singer Madonna, which held a concert Wednesday in Bucharest, in front of an audience of 60,000, will leave Romania Saturday and head for Bulgarian capital Sofia, where she will hold another concert on her "Sticky & Sweet" World Tour.

Four Romanian Teams Advance To Europa League Group Stage

09:40, 28 Aug. 2009
The Romanian teams FC Timisoara, CFR Cluj, Dinamo Bucharest and Steaua Bucharest move on to the next stage in UEFA’s Europa League.

Amalia Năstase a spus că firma sa a putut organiza într-o zi evenimentul de la Paris

16:52, 25 Aug. 2009
Directorul firmei Eventures Concept Solution, Amalia Năstase, a precizat, marţi, la audierile din comisia parlamentară de anchetă, că firma sa a fost capabilă să organizeze, într-o singură zi, evenimentul de la Paris din 5 iunie referitor la lansarea campaniei "Romania, land of choice" a MT.

Romanian Govt, IBRD Cancel $35M From ’06 Loan For Transports

15:01, 25 Aug. 2009
The Romanian Government and the International Bank for Reconstruction and Development (IBRD) decided to cancel the $35 million installment from a $180 million loan approved in 2006 for infrastructure and transports, and to widen the lending interval for the third time, until the end of this year.

PepsiAmericas To Invest $150M In Factory S Romania

14:22, 24 Aug. 2009
PepsiAmericas, the second largest world’s Pepsi-Cola bottler, will invest $150 million in building its largest factory in Europe, nearby the capital city Bucharest.

Romanian Foreign Affairs Min Reacts To Ukrainian Ambassador Statements

17:55, 20 Aug. 2009
Romanian Ministry of Foreign Affairs spokesperson Alin Serbanescu said Thursday he publicly asks the Ukrainian Ambassador to Bucharest to explain if he has been mandated by Ukrainian authorities to make a series of statements he issued in an interview for MEDIAFAX.

Romania To Get $1.4B At IMF’s Special Drawing Rights Allocation

09:46, 14 Aug. 2009
The International Monetary Fund on Thursday said it will allocate Romania some $1.4 billion as part of a larger program to inject $250 billion into member states’ foreign exchange reserves to boost liquidity.

Romania’s Curr Acct Gap, Foreign Debt See Positive Evolution – Ctrl Bker

13:03, 06 Aug. 2009
Romania's current account deficit and external short-term debt saw a positive evolution in the first six months, leading to a stable exchange rate, central bank governor Mugur Isarescu said Thursday.

Mark Gitenstein Sworn In As US Ambassador To Romania

19:13, 04 Aug. 2009
Mark Gitenstein was sworn in as Ambassador of the United States of America to Romania by U.S. Vice President Joseph Biden at the Indian Treaty Room at the Eisenhower Executive Building, where the Office of the Vice President is located.

Number Of Tourists Entering Romania Dn 12.9% On Yr In June

10:42, 04 Aug. 2009
The number of tourists entering Romania was 12.9% lower in June compared with the same month a year before, while the number of tourists accommodated was down 11.1% on the year, the National Statistical Institute, or INS, said Tuesday.

Romania Unable To Recover External Debts As Debtor States Refuse Negotiations – Govt Report

14:42, 02 Aug. 2009
Romania is having trouble recovering external debts from export operations unfolded before 1990, because some African countries face major economic problems while other states firmly refuse any debt payback negotiations.

„Romania -The Land of Choice” Promotion Campaign Starts Saturday, Aug 1 August, On Eurosport

17:05, 01 Aug. 2009
"Romania -The Land of Choice”, the campaign promoting Romania as a tourist destination, starts Saturday, August 1, on Eurosport, and features Romania’s sports legends Nadia Comaneci, Ilie Nastase and Gheorghe Hagi, the Romanian Tourism Ministry said.

Moldova Says Will Lift Visas For Romanian When EU Lifts Visas For Moldovans

10:34, 29 Iul. 2009
The Republic of Moldova’s acting president Vladimir Voronin said Wednesday Moldova will lift visas for Romanians when the EU lifts visas for Moldovans, Moldovan paper Jurnal de Chisinau reported in its online edition.

Doi medici israelieni anchetaţi în România, reţinuţi după ce au încercat să părăsească ţara

08:27, 29 Iul. 2009
Autoriţile române au reţinut doi medici israelieni aflaţi sub investigaţie la Bucureşti, după ce aceştia ar fi încercat să părăsească ţara şi să obstrucţioneze ancheta, a anunţat marţi seara postul de televiziune Canal 2, citat de Jerusalem Post, în ediţia electronică.

First Tranche Of EU Loan To Romania Has 3.125% Annual Interest, Matures In 2015

13:21, 28 Iul. 2009
The first tranche, worth EUR1.5 billion, from the total EUR5 billion loan taken by Romania from the European Union has an annual interest of 3.125% and matures in 2015.

Romania To Take EUR1B Loan From Local Mkt To Restructure Debt – Pres

09:41, 24 Iul. 2009
Romanian President Traian Basescu stated Thursday that the government would take a EUR1 billion from the local market, to restructure its short-term debt, adding that the loan conditions would be more advantageous than those of a loan taken from the international market.

Medicii israelieni dezmint zvonurile legate de o „conspiraţie” împotriva clinicii Sabyc

08:25, 23 Iul. 2009
Medicii israelieni implicaţi în activităţile de donare de ovule din străinătate au respins speculaţiile legate de o eventuală "conspiraţie", în care doctori israelieni de la o clinică concurentă ar fi depus o plângere la poliţia română împotriva clinicii Sabyc, relatează Haaretz în ediţia online.

EC Report Notes Local Authorities Lack Initiative In Fight Against Corruption

18:34, 21 Iul. 2009
Territorial prosecution offices and local education, healthcare and fiscal authorities show lack of initiative in detecting local corruption, but the initiative of Romania’s General Prosecutor to adopt local anticorruption strategies is appreciated in the EC’s draft report on justice.

Romanian Authorities Confiscate Passports Of Five Israelis On Suspicion Of Egg Trafficking

09:24, 21 Iul. 2009
The Romanian police confiscated the passports of five Israelis suspected of involvement in the human egg trafficking case at the private fertility clinic Sabyc in capital city Bucharest, Ynetnews.com reported.