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Romania Second In EU By 1Q Construction Output – Eurostat

16:39, 19 Mai 2008

Romania ranks second in the European Union by first quarter growth in construction output, with a growth rate of 32.2% compared to the first quarter in 2007, according to the EU statistical office Eurostat.

Romania, Italy Intensify Police Cooperation – Int Min

18:23, 17 Mai 2008

The Romanian authorities will send additional police officers to collaborate with the Italian law enforcement forces in bringing down crime levels, Interior Minister Cristian David said Saturday.

Romanian Authorities About To Retrieve 10th Gold Dacian Bracelet

16:42, 17 Mai 2008

The Romanian authorities located another ancient gold Dacian bracelet from the 15 bracelets that have been illegally taken out of the country back in 2002 and are close to retrieve it from an undisclosed location in the U.S., Culture Minister Adrian Iorgulescu said Saturday.

France’s Orange To Sell iPhone In Romania

12:47, 16 Mai 2008

France’s mobile telephony operator Orange signed a deal with U.S. Apple Inc. to sell its iPhone in several European countries, including Romania, the French company said in a statement Friday.

Romanian Software Indus Lost $151M To Piracy In ’07

19:26, 14 Mai 2008

Piracy caused losses registered by the Romanian software industry grew, in 2007, to $151 million, from $49 million five years ago, even if piracy levels dropped from 73% to 68%, according to a study published Wednesday by Business Software Alliance (BSA).

Italy’s Anti-Migration Measures Target Non-EU Nationals – Romanian PM

15:11, 14 Mai 2008

Italy’s new anti-migration measures address the nationals from countries outside the European Union and the authorities have no intention to set up norms that would affect communitarian citizens, Romanian Premier Calin Popescu Tariceanu said Wednesday.

Romania Grand Prix In Bucharest

18:39, 13 Mai 2008

The owner of the license for the organization around the Romanian Parliament Palace of a FIA GT race, Nicolae Serbu, and the former managers of the Imola circuit met Tuesday to discuss the possibility of unfolding in Bucharest one round in the World Championship.

Romania-US Bilateral Immunity Agreement Not In Effect – Official

16:34, 09 Mai 2008

The spokesman of the Romanian Foreign Affairs Ministry, Ilie Banica, told MEDIAFAX Friday that Romania did not ratify Bilateral Immunity Agreement with the United States, therefore it is not effective and cannot be rescinded.

EP Urges Romania To Rescind Bilateral Immunity Agreement With USA

18:48, 08 Mai 2008

The European Parliament Thursday urged Romania to rescind its bilateral immunity agreement with the U.S. regarding the International Criminal Court (ICC), EP said in its annual report on human rights in the world in 2007.

Romania Meets One Condition For Euro Adoption So Far – EC Report

17:12, 07 Mai 2008

Romania meets one sole criterion for adopting the single currency so far, namely the criterion on the government budgetary position, according to a report published Wednesday by the European Commission.

EU Warns Romania Over Discriminatory Dividend Taxation

18:29, 06 Mai 2008

The European Commission on Tuesday sent a letter of formal notice to Romania about its tax rules, under which dividends paid to foreign companies (outbound dividends) may be taxed more heavily than dividends paid to domestic companies (domestic dividends).

IMF Urges Romania To Oppose VAT Cut For Food, Earlier Pension Hikes

15:58, 04 Mai 2008

The International Monetary Fund, or IMF, urged Romanian authorities to strongly oppose a reduction in value added tax (VAT), moving up pension increases and advises cautiousness not to overrun the public sector wage bill.

Rapid Credit Growth, Large Curr Acct Deficit, Challenges For Romania – Moody’s

15:37, 01 Mai 2008

Rapid credit growth, the large current account deficit and rising external debt are the main challenges faced by Romania, while the global financial turmoil increases the possibility of an external shock causing economic dislocation over the next 12 to 18 months, rating agency Moody's said Thursday.

Moldovan President Says Romania Behind Transdniester Conflict

16:00, 28 Apr. 2008

The Romanian authorities convinced former Moldovan president Mircea Snegur to start a war with the breakaway region of Transdniester, Acting President Vladimir Voronin said in a television show, quoted by unimedia.md.

EU Trims Romania 2008 Wage Growth To 10.4% From 12.2%

15:26, 28 Apr. 2008

The European Commission on Monday estimated average wages in Romania will see a 10.4% growth in 2008, down from a previous forecast of 12.2%, the commission said in its spring report.

EU Ups Romania 2008 Forecast To 6.2% From 5.9%

14:22, 28 Apr. 2008

The European Commission Monday upped its Romanian economic growth forecast for 2008, on higher demand and wage growth.

IMF: Romania’s Wage Policy Lacks Transparency

18:45, 23 Apr. 2008

Romania’s public wage policy is not entirely transparent, given the bonuses granted to employees that add to base salaries, the International Monetary Fund said Wednesday.

Romania, France To Support French Investors Who Take On EU-Cofinanced Projects

16:40, 22 Apr. 2008

Romanian Premier Calin Popescu Tariceanu and his French counterpart François Fillon on Tuesday agreed to offer support to French investors who take on Romanian projects co-financed from EU funds, following the strategic partnership the two countries signed recently.

Romania To Attend Beijing Olympics

15:52, 22 Apr. 2008

The Romanian Olympic Committee announced that Romania will attend the Olympic Games in Beijing unconditionally, a decision made after consultations between Romanian president Traian Basescu and the president of the committee, Octavian Morariu.

Romania, Among Emerging Mkts Most Exposed To Credit Squeeze – S&P

14:06, 21 Apr. 2008

Romania ranks third, after Iceland and Lebanon, in a Standard & Poor's classification of the most vulnerable emerging markets if the global credit squeeze tightens, the rating agency said Monday.

Short Film Promoter “Future Shorts” To Enter Romania On April 24

17:56, 17 Apr. 2008

Future Shorts, the world’s largest network of short films, which aims to promote films through monthly events, will enter Romania on April 24, with a series of screenings and an after party with guests including Ada Solomon, Radu Jude, Tudor Giurgiu.

Analysts Worried About Foreign Negative Sentiment On Romanian Economy

16:07, 16 Apr. 2008

Romanian economic analysts on Wednesday voiced their concern over recent estimations on the country’s financial and banking evolution made by foreign analysts, saying their pessimistic evaluations come at a time when foreign investors show prudence toward emerging markets.

EIU Keeps Warnings On Romania’s Vulnerability To Intl Financial Mkt Turmoil

16:48, 15 Apr. 2008

The Economist Intelligence Unit (EIU) in its latest global forecast report maintained warnings on Romania’s vulnerability to international financial market turmoil, mainly due to its high external financing needs.

S&P Keeps Romania Outlook To Negative

19:03, 14 Apr. 2008

Standard&Poor’s on Monday affirmed its “BBB-/A-3” foreign currency and “BBB/A-3” local currency sovereign credit ratings on Romania, with negative outlook, reflecting the country’s inappropriate policy response to the growing macroeconomic imbalances.

EC Wants New Danube Bridge Btw Romania, Bulgaria Operational By End 2010

17:14, 14 Apr. 2008

The cross-border bridge over Danube River between Romanian city of Calafat and Bulgaria’s Vidin should be operational by the end of 2010, European Commission official Jeroen van Oel told the Bulgarian side during a meeting on the project, quoted by Bulgarian daily “Dnevnik.

Nokia To Lose Incentives For Romanian Plant If Eligible Expenses Top EUR50M-Official

16:46, 11 Apr. 2008

Finnish mobile phone giant Nokia might lose the fiscal incentives for its plant in the Tetarom III industrial park, northwestern Romania, as company officials consider increasing investments in the project, Tetarom director Viorel Gavrea said Friday.

Romanian Pres Discusses Bucharest City Hall Candidates, Chooses Favorite

00:04, 10 Apr. 2008

Romanian president Traian Basescu said on television station B1 Tv that Vasile Blaga, the democrat liberal candidate for Bucharest city hall, will "pulverize" Miron Mitrea, whose name is mentioned as social democrat candidate for the same position.

Ukraine Interested In Acquiring Romania’s 27% Stake In Krivoy Rog Mining Plant

19:33, 09 Apr. 2008

Ukraine is interested in taking over Romania’s 27% stake in mining plant at Krivoy Rog, the Romanian Ministry of Economy and Finance said in a statement Wednesday.

Romanian Interior Min Demands Police Establish Clear COD In Crulic’s Case

18:38, 09 Apr. 2008

Romanian Interior Minister Cristian David requested the national Police take necessary action to “establish with certainty” the circumstances surrounding the death of Romanian Crulic Claudiu, who died in a Polish hospital following an ignored hunger strike.

IMF Sees Romania’s Inflation Slowing To 6.3% In ’08

17:52, 09 Apr. 2008

Romania’s 2008 consumer price index is seen rising by 6.3% at the end of the year, a slowdown compared with 6.57% in December 2007, the International Monetary Fund, or IMF, said in a report.

Israeli Investment In Romania Tops EUR2 Billion-Attaché

17:43, 09 Apr. 2008

Israeli investments in Romania exceeded EUR2 billion, the bulk of which being directed to the real estate sector, according to Israeli Embassy commercial attaché Yifat Inbar.

Fitch Bank Systemic Risk Assessment On Romania Blind To Country’s Realities – Bker

11:54, 08 Apr. 2008

Romania stands at a different level than Fitch places it, and the rating agency based its estimates on effects of international turmoil without knowing Romanian realities, Radu Gratian Ghetea, head of the Romanian Banking Association, or ARB, said Tuesday.