romania

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.

Romania, Hungary, Serbia Might Draw Up Joint Social Security Plan

20:12, 18 Iul. 2009
Serbia’s foreign affairs minister Vuk Jeremić said Saturday in Timisoara, western Romania, that Hungary, Serbia and Romania might draw up a joint social security plan.

Romania Gets EUR11.7M In EU Aid For Flood Damage

14:15, 16 Iul. 2009
The European Commission on Thursday confirmed Romania will benefit from EUR11.78 million aid, following the severe floods of last summer.

Romania Hasn’t Complied With EU Waste Mgmt Rules, EC May Trigger Infringement

12:55, 16 Iul. 2009
Romania hasn’t managed to close all its substandard landfills by Thursday and the European Commission can trigger infringement procedures over defective waste management anytime.

Romania, Moldova Union Depends On Both Nations’ Citizens – Romanian Pres

21:11, 15 Iul. 2009
Romanian president Traian Basescu said Wednesday in Prague, in a meeting with representatives of the Romanian community, that, from his perspective, Romania’s union with the Moldova, should it ever come into question, could only be achieved at the desire of citizens in both countries.

Romania, Hungary Approve Trans-Border Cooperation Projects Worth EUR13M

13:55, 15 Iul. 2009
Romania and Hungary shortlisted 90 projects, out of 196 projects submitted via the Program of Trans-Border Cooperation between the two countries, which will be financed from European Union funds worth EUR13 million, Romania’s Regional Development and Housing Ministry said Wednesday.

Two New AH1N1 Virus Cases In Romania, Toll Reaches 53

18:27, 11 Iul. 2009
Two new cases of AH1N1 virus infection were discovered in the Romanian infectious disease monitoring network, namely two children aged eight and respectively 15, which brings the infection toll to 53 in Romania, said the Ministry of Health.

EC Unlocks EUR170M SAPARD Funds For Romania

16:10, 11 Iul. 2009
The European Commission sent Saturday a letter to Romanian authorities, informing them SAPARD payments worth EUR170 million have been unlocked, Romanian agriculture minister Liviu Harbuz told MEDIAFAX.

Moody’s Revises Dn Romania’s ’09 GDP Contraction Forecast To 5.7%

16:35, 09 Iul. 2009
Moody’s revised downwards its predictions on Romania’s economic contraction in 2009 to -5.7% from its previous forecast of -4%, the rating agency said in a Credit Opinion report on Romania.

U.S. Nominated Ambassador To Romania To Focus On Corruption, International Adoptions

11:54, 08 Iul. 2009
The nominated U.S. Ambassador to Romania said the improvement of the economic environment for American companies, especially through the fight against corruption, as well as the resumption of international adoptions will be his priorities throughout the mandate, according to the U.S. Senate website.

Romanian, Italian Foreign Affairs Min To Hold Bilateral Summit In Bucharest

15:24, 07 Iul. 2009
Romanian foreign affairs minister Cristian Diaconescu announced Tuesday in a press conference, held with Italian counterpart Franco Frattini, the organization, in fall this year, of a Romanian-Italian intergovernmental summit, as well as a civil society forum.

Romania, U.S. Co-Chair NATO’s DGP Group On Proliferation

16:09, 30 Iun. 2009
Romania and the U.S. will share the presidency of NATO’s Senior Defense Group on Proliferation (DGP) for one year, between July 1 2009 and June 30 2010, the Romanian Defense Ministry said in a statement Tuesday.

Trei consorţii s-au calificat în ultima etapă de selecţie pentru brandul turistic al României

13:04, 26 Iun. 2009
Cele 3 grupuri de companii care s-au calificat în ultima etapă de selecţie pentru atribuirea contractului de realizare a brandului de turism al României sunt TBWA Bucureşti - GFK Romania, Saffron Brand Consultants - Brandient Consult- Acacia Avenue şi THR - Taylor Nelson Sofres.

Romania Is A Transit Country On Heroin Traffic Route – UN Report

20:01, 24 Iun. 2009
Drug consumption is low among Romanian youths, but the country is part of the heroin transit route, according to 2009’s World Drug Report published Wednesday by the United Nations Office on Drugs and Crime (UNODC).

EC, Romania Sign MoU On EUR5B Financial Assistance

14:27, 23 Iun. 2009
Romania and the European Commission reached agreement on a EUR5 billion balance-of-payments loan, to help Romania weather the financial crisis.

Romanian Justice Minister Confirms EC Report Delay

13:35, 23 Iun. 2009
Romanian Justice minister Catalin Predoiu said Tuesday on RFI that the European Commission’s report on the justice system will be delayed due to elections in Bulgaria, adding that Romania must take advantage of the extra time to speed up reforms.

Moody’s May Revise Up Forecasts On Romania’s GDP Contraction, Budget Deficit

18:58, 22 Iun. 2009
Moody’s might revise its forecasts on Romania’s gross domestic product contraction and budget deficit, to reflect a worsening of these indicators, but the ratings agency does not expect a failure of the International Monetary Fund-backed financing program.

World Bank: Romania’s GDP Seen Up 0.5% In 2010, After 4% Fall In ’09

10:57, 22 Iun. 2009
The World Bank forecasts a 4% contraction in Romania’s gross domestic product this year, followed by a 0.5% GDP growth in 2010, and 2.5% in 2011, respectively, according to "Global Development Finance 2009" report published Monday.

Programul meciurilor României în preliminariile CE de handbal feminin din 2010

15:37, 19 Iun. 2009
Naţionala de handbal feminin a României va juca, în ordine, cu reprezentativele Portugaliei, Elveţiei şi Ucrainei, în preliminariile Campionatului European din 2010, conform programului anunţat vineri de forul european de profil.

Dutch EU Affairs Minister Upholds Further EC Monitoring On Romania, Bulgaria

11:36, 19 Iun. 2009
Dutch Minister of European Affairs, Frans Timmermans, said he does not want the European Commission to activate the safeguard clause against Bulgaria and Romania, adding he only wants the monitoring process of two countries to continue, Novinite.com informed.
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