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IMF May OK Wage Adjustment To Inflation If Romania Adopts Unitary Pay Law

17:25, 11 Mart. 2009

The increase of public salaries with the inflation rate forecasted for this year might be accepted by the International Monetary Fund, or IMF, if Romanian authorities quickly adopt a "correct" unitary pay law for the personnel in the budget system, official sources told Mediafax Wednesday.

Romania To Get Bailout Funds In Tranches, If All Terms Observed – EU Official

16:21, 11 Mart. 2009

European Commission's financing for Romania will be a "back-to-back" loan and will be given in tranches, if all conditions set up with Romanian authorities are observed, Amelia Torres, the spokesperson of EU Monetary Affairs Commissioner Joaquin Almunia, stated Wednesday.

Germany’s TUI Comes To Romania For Negotiations End April – Min

15:56, 11 Mart. 2009

Romanian Tourism Ministry and hotel owners will carry out negotiations with Germany’s TUI end April in an attempt to persuade the leading world travel operator to resume operations in Romania, Tourism Minister Elena Udrea said Wednesday.

Romania May Ask IMF For 2-Yr Stand-By Agreement – Sources

15:37, 11 Mart. 2009

Romania will send the International Monetary Fund, after concluding the negotiations in Bucharest, a letter of intent requiring a two-year stand-by agreement, with five years to reimburse the loan, official sources told MEDIAFAX.

C Romanian County Brasov To Have New Tourism Brand, „be.live.it”

14:37, 11 Mart. 2009

The Association for the Promotion and Development of Tourism in Brasov (central Romania) will launch, in the International Tourism Fair in Berlin, which will be "be.live it", the Ministry of Tourism announced Wednesday.

Moody’s Places Romania In Second Rating Risk Category

18:56, 10 Mart. 2009

Rating agency Moody’s grouped emergent states into four risk categories and placed Romania, Bulgaria and Croatia in the second category, that of countries whose credit fundamentals are resilient but which could be subject to some rating volatility should assumptions of support prove unfounded.

Romanian Govt Officially Asks EC For Financial Package

13:48, 10 Mart. 2009

The Romanian Government sent the European Commission, or EC, a letter asking for the official start of negotiations for a financial agreement, government sources told MEDIAFAX Tuesday.

IMF Mission Visits Romania For Discussions On Potential Program

19:13, 09 Mart. 2009

An International Monetary Fund mission will visit Romania later this month to hold discussions on a potential IMF program for Romania, the institution said Monday in a statement.

Romania One Point Behind Russia In Davis Cup 1st Round

22:26, 07 Mart. 2009

Romania’s Marius Copil and Horia Tecau managed to get back on saddle after their win against Russian Marat Safin and Dmitri Tursunov in the Davis Cup doubles on Saturday.

Russian, Romanian Foreign Affairs Mins Discuss Romanian Treasure

21:04, 05 Mart. 2009

The Romanian Ministry of Foreign Affairs said that in the meeting with Russian foreign affairs minister Sergey Lavrov, organized in Moscow, Cristian Diaconescu asked for Russian support in the organization of a new session for the Romanian-Russian commission studying bilateral collaboration problems

Romanian President Confident Poland Will Solve Crulic Case

15:43, 05 Mart. 2009

Romanian president Traian Basescu said Thursday in Warsaw, after the meeting with Polish counterpart Lech Kaczynski, that he is convinced Polish justice will solve the case involving Romanian citizen Claudiu Crulic’s death.

Romania Faces Risks That May Trigger Econ Downward Spiral – World Bank

13:24, 05 Mart. 2009

Romania faces risks related to the pro-cyclic fiscal policy, salaries, external financing and foreign demand cut, which might trigger an economic downward spiral and banking sector woes, according to a World Bank report issued for Romanian authorities.

Romania To Decide On IMF Loan After Analyzing Terms

15:45, 04 Mart. 2009

The International Monetary Fund presented to the Romanian delegation in Washington a series of conditions for a potential agreement, and a decision to inviting IMF experts to Bucharest to negotiate a loan will be made after the Romanian authorities analyze the proposed terms.

Ţintele spionilor: unităţile de la Babadag şi Medgidia

10:36, 04 Mart. 2009

Scandalul spionilor care au furat şi transmis informaţii secrete ale Armatei catre Rusia, prin intermediari bulgari şi ucraineni – după cum susţin surse militare – face prima victimă: ataşatul militar al Ucrainei la Bucureşti, Serghei Ilnitski, a fost expulzat din România fiind suspectat de implicare în spionaj.

Romanian Petty-Officer, Foreign Citizen Arrested As Spies

18:15, 02 Mart. 2009

One petty-officer within the Romanian Ministry of Defense and one foreign citizen were placed under preventive arrest for 29 days, at the proposition of organized crime prosecutors, the charges being treason through the transmission of secretes and espionage.

Romanian Delegation Talks With IMF On Potential Agreement – Sources

17:58, 02 Mart. 2009

A Romanian delegation including central bank deputy governor Cristian Popa and Finance Ministry secretary of state Bogdan Dragoi is currently in Washington to discuss with the International Monetary Fund a potential agreement, official sources told MEDIAFAX.

Eleven Soldiers Tried In Romanian Weapon Heist Case

16:10, 02 Mart. 2009

Eleven Romanian soldiers were sent to trial, in the weapon heist case at the military base Ciorogarla, under charges of theft, absence without leave and violation of the weapons and ammo regulations.

Romania Cited In Amnesty Report Regarding Weapon Sales To Israel

11:08, 23 Feb. 2009

Over 20 countries, including Romania, are mentioned in a report by Amnesty International regarding the export of weapons to Israel, says the online edition of Haaretz.

Romanian, Italian interior Mins To Discuss Citizen Protection

14:42, 21 Feb. 2009

The situation of Romanians in Italy will be discussed in the upcoming days by the Romanian and Italian interior ministers, said Romanian interior minister Dan Nica.

Romanian Econ Status, “Neither Very Good Nor Very Bad” – WB

15:24, 20 Feb. 2009

Romania’s economic situation is “neither very good nor very bad”, compared with the other European Union new members, while the weight of the financing deficit in the foreign currency reserves is slightly higher than the optimal level, World Bank analysts said Friday.

USA To Introduce 3% Threshold On Visa Waiver Program

19:30, 19 Feb. 2009

The US Embassy in Romania receives between 150 and 350 visa requests every day in Romania, and the rejection rate for fiscal year 2008 was 25%, US General Consul James Gray told MEDIAFAX, adding that starting with July 1 the 3% refusal threshold will be reintroduced for the Visa Waiver program.

Romania To Host 2011 UEFA European U-19 C’ship – Paper

20:13, 17 Feb. 2009

Romania obtained the rights to organize the 2011 European Under-19 Football Championship at the new “National” stadium in Bucharest, general manager of the Romanian Football Federation (FRF), Ionut Lupescu told sport.ro on Tuesday.

Romania Is A Net Beneficiary Of The EU Budget – Official

15:42, 17 Feb. 2009

Romania is a net beneficiary of the EU budget, Cristina Arigho, EC spokesperson for financial programming and budget, said Tuesday in a press conference.

Romania, And Others, Could Bankrupt Austria

21:01, 15 Feb. 2009

Eastern European states, including Romania, could bankrupt Austria, since Austrian banks cannot support the losses registered by branches in the region on their own, and the state will be forced to intervene, according to Austrian magazine Profil.

Bilici: Nu sunt multe echipe care pot câştiga în România

00:30, 12 Feb. 2009

Selecţionerul echipei naţionale a Croaţiei, Slaven Bilici, a declarat, miercuri, după victoria în faţa reprezentativei României, scor 2-1, că nu sunt multe formaţii care pot câştiga la Bucureşti.

Bilici: La nivel de cluburi, România este a şasea naţiune din Europa

16:06, 10 Feb. 2009

Selecţionerul Slaven Bilici a declarat, marţi, la sosirea la Bucureşti, că, la nivel de cluburi, România este a şasea naţiune din Europa, după Anglia, Germania, Spania, Italia şi Franţa.

Italy Urged To Revise Behavior, Language Toward Romanians

19:42, 09 Feb. 2009

The Romanian Embassy in Rome urged Italian authorities to revise their attitude and language toward Romanian nationals, following a series of recent attacks against Romanians on Italian territory, Romania’s Foreign Ministry said Monday.

Băsescu şi Iuşcenko au stabilit că vor respecta decizia de la Haga

19:18, 05 Feb. 2009

Preşedintele Traian Băsescu a purtat, joi, o convorbire telefonică cu preşedintele Ucrainei, Victor Iuşcenko, cu care a stabilit că cele două ţări vor respecta hotărârea Curţii Internaţionale de Justiţie în cazul Delimitarea maritimă în Marea Neagră.

IMF: Romanian Economy May Shrink In ‘09

17:37, 04 Feb. 2009

The International Monetary Fund, or IMF, said Wednesday that Romania’s economy might shrink in 2009, due to a severe weakening in all economic areas.

Romania Wins Black Sea Maritime Delimitation Dispute With Ukraine

15:42, 03 Feb. 2009

The International Court of Justice in The Hague ruled Tuesday in the dispute between Romania and Ukraine on maritime delimitation in the Black Sea and established a single boundary delimiting the continental shelf and exclusive economic zones of each country.

Romania To Launch Intl Bids For Black Sea Reserves Lease

15:25, 03 Feb. 2009

Romania's Mineral Resources Agency ANRM will launch international bids to lease the oil and gas reserves in the continental shelf of the Black Sea, expecting “big names” to attend the bids, ANMR president Bogdan Gabudeanu told MEDIAFAX on Tuesday.

ICJ Ruling Does Romania Justice – President

14:30, 03 Feb. 2009

Romanian President Traian Basescu said Tuesday in Budapest, Hungary that the ruling of the International Court in The Hague does Romania justice in the maritime delimitation dispute with Ukraine, adding the ruling is a great success of the Romanian Foreign Ministry.

Romania’s Financing Needs To Stay Extremely High – Analysts

13:37, 01 Feb. 2009

Romania’s financing needs will continue to grow, despite a sharp contraction of the current account deficit in absolute terms increasing the possibility of getting external loans, but authorities must keep in mind that such arrangements entail strong commitments.

Madonna Ready To Entertain Romanians In Famous „Sticky and Sweet” Tour

15:18, 30 Ian. 2009

Queen of Pop Madonna also included Romania in her "Sticky and Sweet" tour aiming to promote her new multi Grammy-nominated album "Hard Candy."

Romania May Face Econ Collapse Unless Govt Finds Solutions – Employers Assoc Head

14:50, 30 Ian. 2009

Romania may face an economic collapse in a few months unless the Government finds solutions that would be quickly implemented to support the economy, Ioan Coraci, the president of the Employers’ Confederation of the Romanian Industry UGIR-1903, said Friday.

EC Launches Infringement Case Against Romania Over Independence Of Regulator

13:26, 29 Ian. 2009

The European Commission decided Thursday to launch infringement procedures against Romania, which breached EU rules regarding the independence of its national telecom regulator, the Commission said in a press release.

EC: Romania’s MP Elections Took Spot Before Econ Measures

17:33, 28 Ian. 2009

The Romanian authorities could have implemented a series of measures to counter the economic downturn as early as last August, but attention “shifted” to the campaign for the November elections, the European Commission said in a progress assessment report Wednesday.