romania

Romania To Draw IMF Funds Under Follow-Up Deal If Recession Lingers

Romania is not expected to use the EUR5 billion placed at its disposal under a precautionary loan agreement with the International Monetary Fund and the European Commission, unless the economy underperforms, according to an IMF report.

Deutsche Telekom, France Telecom Mull Combining Romanian Mobile Networks

Deutsche Telekom and France Telecom, who last year merged their operations in the UK, are now planning to combine their networks in Austria and Romania, to save costs, says German newspaper Handelsblatt, citing sources in the French company's management.

Romanians Rank Last In EU By Willingness To Compromise On Cars To Protect Environment

Romanians are the least likely EU citizens to compromise on a car's size, speed or range to reduce carbon dioxide emissions, but rank second in the EU, after Bulgarians, by the share of people getting around on foot on a daily basis.

Romania 2010 Exports Post Fourth Largest Increase In EU

Romania posted last year the fourth largest increase in exports and the ninth greatest increase in imports in the European Union, EU's statistics office Eurostat said Friday.

Romanian PM Calls For Humanitarian Aid For Quake-Hit Japan – Sources

Romanian Prime Minister Emil Boc called on Interior Minister Traian Igas and Foreign Minister Teodor Baconschi to put forward a normative act granting humanitarian aid to quake- and tsunami-shattered Japan, people close to the matter told MEDIAFAX Thursday.

Romania To Register Economic Growth In 2011, “Mini-Boom” Expected In 2012 – WIIW

Romania will register economic growth this year and a “mini-boom” can be expected in the election year 2012, said the Vienna Institute for International Economic Studies (WIIW).

Two Romanian Businessmen In 2011 Forbes List Of Billionaires

Romanian businessmen Dinu Patriciu and Frank Timis have been included in this year’s wealthiest people list compiled by Forbes.

Romania Absorbed EUR1.9B In EU Funds, 10% Of Total Allowance

Romania had absorbed EUR1.9 billion in EU structural funds, excluding agriculture, by the end of 2010, accounting for only 10% of the total funds available for the period 2007-2013, Finance Ministry official Bogdan Dragoi said Wednesday.

Romania Should Focus On Strengthening General Anti-Corruption Policy – EC Report

Romania should focus on measures improving the celerity of high-level corruption trials and strengthening general anti-corruption policy until the European Commission's next assessment, according to the EC’s interim report on Romania’s progress under the Cooperation and Verification Mechanism.

Romania Must Prepare For Effects Of New Legal Codes – EC Report

The European Commission's interim report on the Cooperation and Verification Mechanism says Romania's main challenge regarding judicial reform in the coming months "will be to prepare successfully for the entry into force of the four new codes."

Nigel Mansell va fi prezent la lansarea showroomului Lotus din România

Fostul pilot Nigel Mansell, campion mondial de Formula 1 în 1992, va fi prezent, joi, la Bucureşti, cu ocazia lansării primului showroom Lotus din România, se arată într-un comunicat al companiei Forza Rossa.

Ferrari Dealer In Romania To Open Lotus Showroom In Feb

Forza Rossa, Ferrari dealer in Romania, will bring sports car brand Lotus on the local market, under an exclusive agreement with the British carmaker, the company said in a press release.

Oxford Economics Revises Up Romania’s 2011 GDP Growth To +0.1%

Oxford Economics revised its forecast for Romania’s economic growth in 2011 from a negative 1% to a “marginal” increase of 0.1%, but warned that the main growth catalyst, the exports, is also a vulnerability.

Filmul „Fără obligaţii”, lider în box office-ul românesc, de la premieră

Filmul "Fără obligaţii/ No Strings Atached", cu Ashton Kutcher şi Natalie Portman în rolurile principale, a fost lider în box office-ul românesc încă de la premieră, cu încasări de 502.237 de lei şi 26.643 de spectatori, informează Agenţia Champions.

Judas Priest Include Romania In Last World Tour

Judas Priest return to Romania for a concert on July 3 at Romexpo in capital Bucharest, according to the band’s official website.

Technical Report On Romania’s Schengen Accession Adopted

The Schengen Area evaluation group (Sch-Eval) on Friday adopted the technical report on Romania’s Schengen accession, people close to the matter told MEDIAFAX.

EBRD Ups Romania GDP Forecast To +1.1% In 2011

The European Bank for Reconstruction and Development Monday revised upward its forecast for Romanian economic growth to 1.1% in 2011, from 0.9% previously, citing slightly improvements over recent months.

România ocupă locul şapte în UE după avansul comenzilor noi pentru industrie din noiembrie 2010

România ocupă locul şapte în Uniunea Europeană (UE) după creşterea comenzilor noi pentru industrie din luna noiembrie a anului trecut, de 27,7%, comparativ cu aceeaşi perioadă din 2009, în condiţiile în care indicatorul a urcat în 22 de state ale Uniunii, iar la nivel comunitar a avansat cu 18,9%.

RFI: France Blocks Technical Report On Romania’s Schengen Accession

France has blocked the adoption of a technical report on Romania's accession to the Schengen Area, asking for more time to examine a report on Romania's implementation of the SIS / SIRENE system's human interface, according to Radio France Internationale.

EC Taxation Dept Supports Romania’s Request for Reverse Taxation For Cereal

The European Commission's Directorate-General for Taxation and the Customs Union supports Romania's request to apply reverse taxation on cereal and will forward the paperwork to the Council of the European Union for approval, said Sorin Blejnar, head of Romania's tax authority ANAF.

EXCLUSIVE: Romania’s Fight For Schengen Accession Dignified, Says Country’s EU Commissioner

The technical reality is Romania’s best ally in the Schengen accession issue but the political reality isn’t, EU Commissioner Dacian Ciolos told MEDIAFAX Friday, adding Romania is fighting for its position with dignity.

WikiLeaks: US-Romania Relations Threatened By Musician’s Death

U.S. diplomats said in November 2007 the impending "final offer" by the U.S. Army Foreign Claims Service, Europe to the family of the late Romanian rock star Teofil Peter seems certain to have a significant, negative effect on the U.S.-Romanian relationship, The Guardian reported.

Romanian Auto Market 14th Largest In EU In Nov – ACEA

The Romanian auto market had the fifth biggest growth in the EU in November and climbed a position in the ranking of the biggest car markets in Europe, to 14 from 15 last year, according to data released Wednesday by the European Carmakers Association (ACEA).

Romanian President Denounces Roma Bill – Financial Times

Romanian President Traian Basescu said he will refuse to sign into law a bill renaming the country’s Roma minority internally as “gypsies”, the Financial Times reported online Monday.

Romanian, Kazakh Presidents Set Up Jan Talks For Rompetrol Debt

Romanian President Traian Basescu said Wednesday a Kazakh delegation will arrive in Bucharest in January to discuss the debt owed by oil company Rompetrol.

Monica Tatoiu pleacă: „De ce m-am săturat de România“

Fosta şefă de la Oriflame anunţă că vrea să plece din ţară. Nu imediat, ci în 2012, an ce corespunde cu alegerile locale şi cu momentul în care fiul său, Victor, îşi va termina studiile la Şcoala Americană.

Romania In No Danger Of Catastrophic Earthquake At Least Until 2030 – Earth Physics Institute

Romania might be shaken in the upcoming period by small earthquakes of magnitudes below seven degrees, which are not at all dangerous, said Gheorghe Marmureanu, head of the Romanian Institute for Earth Physics, adding there will be no catastrophic earthquake in Romania at least until 2030.

EXCLUSIVE: IMF Ready To Increase Aid To Romania If Need Arises

Romania is unlikely to experience significant spillover from European countries that face difficulties, as the authorities are taking steps to ensure against risks under the form of a new loan agreement with the International Monetary Fund, an IMF official said.

EXCLUSIVE: Romania Takes Significant Steps To Exit Crisis, IMF Says

Romania has taken important steps to reduce its budget deficit and bring the economy back on track, which puts the country in a less riskier position compared with some of the economies in the euro area, said Jeffrey Franks, head of the International Monetary Mission to Bucharest.

Romania Credit Card Use Doubles In 2010 – GfK

The number of Romanian credit card users doubled to 10% of the urban population in 2010 compared to the previous year, according to a survey by market research company GfK.

EC Asks EP To Withdraw Funds Destined For Romania, Bulgaria – Bulgarian MEP

The European Commission has asked the European Parliament to withdraw funds earmarked for Romania and Bulgaria, because of their inability to absorb, said Bulgarian MEP Ivaylo Kalfin, cited by Bulgaria's Focus news agency.

Romania-Moldova Border Treaty Unconstitutional – Moldovan Pres

The signing, last week, of the Treaty on state borders between Romania and the Republic of Moldova, by Moldovan Prime Minister Vlad Filat and Romanian Foreign Minister Teodor Baconschi, is unconstitutional, said Moldovan President Mihai Ghimpu, cited by the online edition of Jurnal de Chisinau.

Gazprom: Bulgaria Now Safe From Romanian Competition For South Stream

Bulgaria can no longer be replaced by Romania as the European hub of the Russian-sponsored South Stream gas transit pipeline, Gazprom CEO Alexei Miller said in Sofia, novinite.com reported Sunday.

Romanian EU Affairs Adviser Says Romania’s Schengen Entry Could Be Delayed For Years

Romanian presidential adviser for European affairs Leonard Orban told RFI Romania’s accession to the Schengen Area in March 2011 isn’t set in stone and a delay in March could extend into a delay for several years.

Romania, Syria Signed Extradition Treaty Wednesday, Says President

Romania and Syria signed an extradition treaty Wednesday evening, President Traian Basescu said Thursday.

Romania, Syria Sign Treaty On Extradition Of People Sentenced To Prison

Romania and Syria signed Wednesday the Treaty on the transfer of people sentenced to prison.

No. Of British Tourists In Romania Might Increase By 10% In 2011

The number of British tourists in Romania might increase by 10% next year, once the country’s tourist brand is presented and promoted in the United Kingdom, said Sorin Munteanu, head of the Romanian Tourism Ministry delegation at the World Travel Market fair in London.

Romania, Bulgaria To Hold Joint Govt Meeting On Schengen As Show Of Solidarity

Romanian Prime Minister Emil Boc and his Bulgarian counterpart, Boyko Borisov, talked Monday about holding a joint government meeting by March 2011, to send European partners a clear signal of solidarity and cooperation towards Schengen Area accession.

Romania Ranks 50th Of 169 Countries According To HDI

Romania is 50th in the 2010 Human Development Index (HDI) ranking published by the United Nations Development Program, having climbed 13 spots since last year.

Romania Ranks 44 In World Economic Forum’s Financial Development Chart

Romania has ranked 44 after being included this year, for the first time, in a World Economic Forum chart of the 57 most developed financial markets worldwide.