romania

World Bank: Romania Attractive For Long-Term Investments

16:31, 22 Iul. 2010
Romania remains an attractive country for long-term investments, but it’s less appealing to investors looking for quick scores, an official at the World Bank said Thursday.

WB: Multilateral Loan Recommended For Romania’s Budget Needs

16:17, 22 Iul. 2010
Low borrowing costs are vital to ensure adequate financing to cover Romania’s budget needs, an official at the World Bank said Thursday, adding that a new international loan package may be a good move at this time.

Romanian High Council Of Magistrates To Debate EC Justice Report In Sept

16:09, 22 Iul. 2010
The Romanian High Council of Magistrates (CSM) specialized departments will analyze the EC justice report and, based on the analysis’ result, the institution will decide on the measures to be taken to remediate the problems emphasized by the EC, CSM president Florica Bejinaru said Thursday.

Romania’s Govt To Recalculate Special Pensions By September, Military Pensions By Yearend

20:40, 21 Iul. 2010
Romanian special pensions will be recalculated by September and will be reduced afterwards, while military pensions will be recalculated by the end of the year, Romanian Prime Minister Emil Boc said Wednesday.

Romania Will Draw Up Report To Clarify Issues Regarding Its Accession Commitments – President

19:21, 20 Iul. 2010
Romania’s President Traian Basescu said Tuesday that Romania will draw up a report to clarify aspects regarding the country’s accession commitments and send it to the European Union member states and the European Commission.

President: EC Statement That Romania Breaches Accession Commitments Unacceptable

18:22, 20 Iul. 2010
Romania’s President Traian Basescu said Tuesday that the European Commission's claim that Romania breaches its accession commitments is “unacceptable,” adding Romania cannot take such an overstatement and calls for an “unbiased approach.”

Romanian President: Public Procurement Not Part Of MCV

17:37, 20 Iul. 2010
Romanian President Traian Basescu said Tuesday that he agrees with the European Commission’s statements regarding public procurements, but added that the issue should not have been included in the justice report as it has nothing to do with the Mechanism for Cooperation and Verification (MCV).

Romania Seeks Derogation From EC Greenhouse Gas Emission Regulations For 13 Penalized Companies

12:13, 20 Iul. 2010
Romanian authorities try to convince the European Commission to grant derogation from regulations regarding greenhouse gas emissions to 13 companies compelled to pay sanctions totaling EUR21 million after breaching the deadline by which greenhouse gas certificates should have been submitted.

Romanian Parliament To Restart Debates On National Integrity Law’s Unconstitutional Provisions

18:21, 19 Iul. 2010
Toni Grebla, head of the Romanian Senate committee for legal matters, said Monday that the two chambers of the Parliament will restart debates on the provisions of the law regulating the activity of the country’s National Integrity Agency (ANI) which have been ruled unconstitutional.

Romania’s Constitutional Court Rules Revised National Integrity Law Unconstitutional

17:11, 19 Iul. 2010
The Romanian Constitutional Court Monday ruled unconstitutional the revised version of the law regulating the activity of the country’s National Integrity Agency (ANI), after President Traian Basescu challenged the revised normative act’s constitutionality.

Hydrologists Extend Flood Alert For Prut River, E Romania, Until End-July

16:21, 19 Iul. 2010
Romanian hydrologists extended the flood alert on the Prut river, eastern Romania, until the end of July, as dam-held waters must be released and the river’s level will further increase.

Romania, Germany To Sign Plane-Construction Agreement

15:55, 16 Iul. 2010
The Bucharest National Institute for Airspace Research (INCAS) and a similar institute in Germany want to seal an agreement to construct a plane for regional flights.

U.S. Transfers Mohammad Munaf To Iraqi Custody – Paper

09:32, 16 Iul. 2010
Mohammad Munaf, arrested in 2005 on charges that he aided in the kidnapping of three Romanian journalists, has been transferred to Iraqi authorities this week said American attorney Aziz Huq, cited by the Salt Lake Tribune’s online edition Friday.

Romanian Car Market Sees Third Largest Decline In EU In 1H, Of 41.5%

12:24, 15 Iul. 2010
Romania’s car market registered the third biggest decline in the European Union in the first half of the year, of 41.5%, while bigger declines were registered only in neighboring Bulgaria and Hungary and the EU car market increased 0.2%.

Romania’s Govt Cuts 2,450 Positions Within Environment Min

18:57, 14 Iul. 2010
The Romanian Government decided in a meeting Wednesday to cut 2,450 positions within the Environment Ministry and the bodies subordinated to the institution, Environment Minister Laszlo Borbely told MEDIAFAX Wednesday.

Romanian PM Signs Decisions To Dismiss 17 State Secretaries, Two State Undersecretaries

18:55, 14 Iul. 2010
Romanian Prime Minister Emil Boc said Wednesday he signed the decisions whereby 17 state secretaries and 2 undersecretaries of state are released from office.

Number Of Suspended Romanian Cos Falls In 1H

16:44, 14 Iul. 2010
The number of Romanian companies that temporarily suspended activity in the first six months this year halved, to 42,417 from 80,646 in the same interval of the previous year, according to data from the national trade registry.

Romania Leader In E Europe Regarding End-Of-Life Care Development

14:20, 14 Iul. 2010
Romania has become leader in Eastern Europe regarding end-of-life care, although, during Ceausescu communist regime, care for terminally ill was non-existent, according to a survey conducted by the Economist Intelligence Unit (EIU).

Romania, Switzerland To Sign EUR130M Cooperation Agreement In August – Swiss Ambassador

19:25, 13 Iul. 2010
Romania and Switzerland will sign a EUR130 million five-year agreement on August 26, for cooperation in various fields, including cyber crime fighting, Swiss Ambassador to Bucharest Livio Hurzeler said Tuesday.

President Says Romania Could Overcome Crisis More Easily If It Used EUR30B EU Funds

20:49, 12 Iul. 2010
Romanian President Traian Basescu said Monday, in the presence of the President of the Palestinian National Authority, Mahmoud Abbas, that Romania could overcome the economic crisis “more easily” if it used the EUR30 billion non-reimbursable funds from the European Union.

Romania’s Electronic Road Toll System Might Be Available As Of Oct 1

12:00, 12 Iul. 2010
Romania’s Transport Ministry plans to postpone the implementation of the country’s electronic road toll system until October 1, as the auction selecting the company to insure the system was challenged and implementation procedures were hindered.

Romania’s Annual Inflation Decreased To 4.3%-4.4% In June, To Hit 7% In July – Analysts

19:14, 11 Iul. 2010
Romania’s annual inflation decreased to 4.3 – 4.4% in June, from 4.42% in May, and is expected to hit about 7% in July, economic analysts said.

Romania To Reduce VAT If Feasible Alternative Measure Found, Taxing Pensions Not Enough – PM

17:30, 11 Iul. 2010
Romanian Prime Minister Emil Boc said Sunday the value added tax can be reduced only if authorities find other means to cover the revenues brought to the state budget by the 5-percentage point VAT increase, adding taxing pensions is not enough.

Meteorologists Issue Code Yellow Rain Alert For NE, C, SE Romania, Valid Until Sunday Evening

13:11, 11 Iul. 2010
Romanian meteorologists issued a code yellow alert for rain, thunderstorm and hail in the northeastern, central and southeastern parts of the country, valid until Sunday at 9 p.m..

Romanian Authorities Might Consider Taxing High Pensions Progressively – Environment Min

20:26, 10 Iul. 2010
Romania’s Environment Minister Laszlo Borbely told MEDIAFAX Saturday that authorities might consider taxing high pensions progressively starting this fall, adding that decisions in this respect depend, to a great extent, on the country’s economic situation.

Romanian Pensions Must Be Taxed, VAT Reduced – President

17:12, 10 Iul. 2010
Romania’s President Traian Basescu said Saturday, during a visit to flood-hit areas in the northern part of the country, that the value added tax must be decreased to its previous level, adding pensions must be taxed.

Romanian Govt To Adopt Fund Granting Decision For Dam Construction In NE Romania – President

16:16, 10 Iul. 2010
The Romanian Government will adopt during its next week’s meeting a decision to provide the funds needed to build a dam in Buruienesti, a water-covered village in the northeastern part of the country, President Traian Basescu said Saturday during a visit to the areas hit by floods.

Romania Willing To Offer Building Materials To Flood-Hit Moldova – President

14:17, 10 Iul. 2010
Romania is willing to offer construction materials to the Republic of Moldova, as part of a EUR100 million non-reimbursable aid granted to the neighboring country by Romanian authorities, Romanian President Traian Basescu told Moldovan President Mihai Ghimpu during a phone call.

President Basescu Expected To Arrive In Flood-Hit Neamt County, NE Romania

13:23, 10 Iul. 2010
Romanian President Traian Basescu is expected to arrive Saturday afternoon in northeastern county of Neamt, severely affected by widespread flooding.

Floods Hit Nine Romanian Counties, 109 People Evacuated Over Past 24 Hours

13:00, 10 Iul. 2010
About 20 localities in nine Romanian counties were affected by flooding over the past 24 hours, and 109 people had to be evacuated, the General Inspectorate for Emergency Situations (IGSU) said Saturday.

Alexandra Catalina Filip Wins Miss Universe Romania 2010

12:03, 10 Iul. 2010
Miss Universe Romania 2010 winner, Alexandra Catalina Filip, 19, also a dance sport national champion, will represent Romania in the international competition selecting the most beautiful woman in the world, which will take place in Las Vegas on August 23.

Danube Level In SE Romania Decreases, Galati City No Longer Under Flood Alert

11:11, 10 Iul. 2010
The Danube’s water level in Galati, southeastern Romania, hit 656 centimeters Saturday morning, 21 centimeters less than previously forecast by hydrologists for July 10, and it is unlikely the city will be flooded.

Romanian Govt, President Agree To Restructure Public Bodies By September 1

23:28, 09 Iul. 2010
Romanian Prime Minister Emil Boc said Friday that September 1 is the deadline agreed with President Traian Basescu by which the restructuration of state institutions must be completed.

Romania Might Close Down Hospitals Not Taken Over By Local Authorities – Health Min

18:33, 09 Iul. 2010
Romanian authorities will soon assess the stages of the hospital decentralization process and the hospitals that present no interest to local authorities might be closed down, Health Minister Cseke Attila told a news conference Friday.

Some Scenes Of Brad Pitt-Produced Feature Film ‘Vlad’ To Be Shot In Romania

18:27, 09 Iul. 2010
Some scenes of the feature film ‘Vlad,’ produced by American actor Brad Pitt and Summit Entertainment and which tells the story of Vlad the Impaler, Prince of Wallachia, will be shot in Curtea de Arges, southern Romania, Princess Lia of Romania told MEDIAFAX Friday.

Romania Still Under Flood Threat, Evacuations Continue

15:02, 09 Iul. 2010
Romania is still threatened by river floods and authorities continue the evacuation of people from the areas placed under high risk flood alert, after meteorologists extended on Friday flood warnings for rivers in the eastern part of the country.

Romania’s Poverty Rate Rose 5 Pcts In ‘05-‘08, Despite Economic Growth

15:37, 08 Iul. 2010
Romania’s poverty rate increased to 23% from 18% in 2005-2008, when the country posted economic growth, and Romania is among countries that spend the lowest percentage of gross domestic product on social welfare, according to a report issued by the Foundation for the Development of Civil Society.

Romanian Health Ministry Cuts Over 1,600 Positions In Healthcare Units

10:39, 08 Iul. 2010
Romania’s Health Ministry finished the reorganization and restructuring process by which 1,621 positions and 233 vacant resident practitioner jobs have been slashed, Government spokeswoman Ioana Muntean said Wednesday.

Romania’s Govt Decides To Reduce State Secretary, Deputy Prefect Positions

10:37, 08 Iul. 2010
Romania’s Government has decided to reduce to two the number of state secretaries in each ministry, except those of Interior, Foreign Affairs and Finance, which will have three secretaries of state, Prime Minister Emil Boc said Wednesday.

Romania’s Govt Cuts About 2,000 Positions In Local Work Departments

10:36, 08 Iul. 2010
Romania’s Government decided Wednesday to cut about 2,000 positions in local work departments and 307 positions within the Labor Ministry, people close to the matter told MEDIAFAX.