romania

Erste Bank: Real Estate Prices in Romania Seen Up Over Next Yrs

17:13, 02 Mart. 2008
Romania’s real estate market outlook remains "highly certain," as prices will continue to increase over the next years, but the growth rate might be slower compared with the last three years, said Manfred Wimmer, CEO of Banca Comerciala Romana, the Romanian unit of Austria's Erste Bank.

Romania’s Embassy To London Must Pay Over GBP200,000 In Traffic Tolls

15:45, 01 Mart. 2008
Romania’s Embassy to London is among the diplomatic offices that failed to pay the traffic decongestion toll in the center of London, which triggered debts of over GBP200,000 (over EUR260,000).

Romania’s Transylvania Hwy Project Out Of Money, Works Might Cease

16:37, 28 Feb. 2008
The Romanian National Company for Highways and National Roads (CNADNR) has already used up the 2008 budget for the Transylvania highway, connecting central Brasov to northwestern Bors, and works might cease in these conditions, said the general director of the company, Mihai Grecu.

Romanian Parliament Parties Convene On Education Pact

18:47, 27 Feb. 2008
The Democratic Union of Magyars in Romania, the social democrats, the liberals and the democrat liberals announced, after meeting president Traian Basescu, that they are ready and willing to sing the pact on education.

UK Granted Over 30,000 Work Cards To Romanians, Bulgarians In 2007

15:53, 26 Feb. 2008
British authorities granted 30,570 work cards to Romanian and Bulgarian nationals in 2007, the government said in a statement Tuesday.

Romanian Intelligence Service To Organize Young Atlanticist Summit

12:48, 26 Feb. 2008
The Atlantic Council of the USA and the Euro-Atlantic Council in Romania – NATO House will organize, with the help of the Romanian Intelligence Service, between April 2 and April 4, the "Young Atlanticist Summit," created as a meeting opportunity for future leaders in the Euro-Atlantic region.

Serbia Eyes Romanian Harbor Capacities

18:48, 21 Feb. 2008
Serb president Boris Tadic, stated Thursday, after meeting his Romanian counterpart, that his country is interested in renting, on long term basis, some of the capacities in Constanta Harbor.

Romanian Magyar Civic Union To Use Unofficial Referendum Towards Autonomy

20:32, 20 Feb. 2008
The president of the Magyar Civic Union in Romania – the Sfantu Gheorghe Seat, Gazda Zoltan, said that the next step towards territorial autonomy is the internal as well as external valuation of the results obtained in the unofficial internal referendum, organized by the National Szeckler Council.

Romanian Parliament Backs Pres Statement On Kosovo

20:34, 18 Feb. 2008
Romanian Chamber Speaker Bogdan Olteanu announced that the reunited Parliament Standing Offices reached consensus on a statement supporting the official point of view of Romanian authorities, not acknowledging the independence of Kosovo.

Romania Opposes Kosovo Independence

20:08, 18 Feb. 2008
Romanian president Traian Basescu stated, after talks with political parties, that Romania maintains its stance and does not acknowledge the independence of the Kosovo province for reasons such as the grant of collective minority rights and lack of observance for Serbia’s territorial integrity.

Romanian Local Authorities Remain Quite Centralized – Fitch

17:19, 14 Feb. 2008
Local authorities in Romania are still strongly centralized, even though EU accession, coupled with legislative changes in the past two years might have significant contributions in their efficient and effective decentralization, according to financial evaluation agency Fitch Ratings.

Govt Says EC Won’t Launch Infringement Procedure Vs Romania For Excessive Budget

15:03, 13 Feb. 2008
The European Commission will not initiate an infringement procedure against Romania due to excessive budget deficit, as there is no danger for the deficit to exceed 3% of the gross domestic product, government representatives said.

EU Says Romania Should Make 112 Emergency Service More Appealing

16:50, 11 Feb. 2008
Romania, together with other 13 EU member states, received a notice from the Union, because the complete services, included in the implementation of the single "112" emergency number, are not functional.

Romanian FM, Moldovan President Discuss EU Integration During Munich Security Conf

18:13, 10 Feb. 2008
Romania’s Foreign Minister Adrian Cioroianu on Sunday held talks with Moldovan President Vladimir Voronin on Moldova’s integration to the European Union during a major security conference in Munich.

ECHR: Romania To Pay EUR3,000 Damages Over Unlawful Detention

20:06, 08 Feb. 2008
The European Court of Human Rights, or ECHR, on Thursday ruled in favor of a Romanian national who sued the state over unlawful pre-trial detention, and compelled Romania to pay moral damages worth EUR3,000.

Romanian Fiscal Authority Takes Online Budget Statements On A National Level

14:53, 05 Feb. 2008
The Romanian National Fiscal Administration Agency (ANAF) will extend, to a national level, on April 1, the system that allows companies to submit budget statements online, said the president of the agency, Daniel Chitoiu.

Romania’s Econ Potential Highest Among SE European States- U.S. Ambassador

12:56, 05 Feb. 2008
Romania is one of the best-kept secrets when it comes to investment opportunities, U.S. Ambassador to Bucharest Nicholas Taubman said in New York on Tuesday, during an event meant to promote Romanian business opportunities.

Romania’s Dec Net Avg Salary Up 12.9% On Mo To RON1,266

10:49, 05 Feb. 2008
Romania net average wages in December 2007 rose 12.9% on the month to 1,266 lei, the National Institute for Statistics said Tuesday.

Romanian Foreign Affairs Min Salutes Serb Pres Reelection

17:16, 04 Feb. 2008
The Romanian Ministry of Foreign Affairs salutes the reelection of Boris Tadić as president of Serbia, for a new five-year mandate, pointing out that Romania has always been in favor of the pro-European forces in Belgrade.

Burger King Signs Franchise Agreement In Romania

17:52, 31 Ian. 2008
Burger King (BKC), America’s second largest chain of fast food restaurants, signed late last year a franchise agreement to start operations in Romania, the company said in its quarterly financial report Thursday.

EP OKs Simplified Visa Control Regime In Romania, Bulgaria And Cyprus

14:50, 31 Ian. 2008
The European Parliament on Thursday approved an extension of simplified controls of visas at the external frontiers of Bulgaria, Romania and Cyprus, EP said in a statement.

Fitch Changes Romania Outlook To Negative From Stable -2-

14:11, 31 Ian. 2008
Fitch Ratings has today revised Romania’s outlook to stable to negative, mainly due to the rise of the current account deficit.

Philip Morris International Production Hiked Worldwide, Dropped In Romania

19:51, 30 Ian. 2008
Philip Morris cigarette production climbed by 0.9% in 2007, to 291.3 billion units, but in Romania, Russia, Serbia and Turkey, deliveries were lower compared to the previous year.

Romania Must Adapt To New Global And Regional Challenges – World Bank

14:54, 30 Ian. 2008
Romania is confronted with an investment calendar meant to sustain economic growth and improve the legal system, but at the same time it needs to adapt to new global and regional challenges, said Orsalia Kalantzopoulos, regional director with the World Bank.

Laws Against Smoking Could Become Effective In ’09

18:09, 29 Ian. 2008
Provisions on the obligation for separation between smoking and non-smoking public areas and the prohibition of tobacco advertising outside points of tobacco sale physical might come into force on January 1, 2009, while the initial deadline mentioned in the draft laws on this topic was July 1, 2008

Romanian Pres Asks Parliament Parties To Back Majority Uninominal Voting System

16:33, 29 Ian. 2008
Romanian president Traian Basescu sent letters to all parliament party leaders, asking them to support the majority uninominal voting system in two rounds of elections, Parliament party representatives told MEDIAFAX.

Romanian Govt To Use Budget Gap To Reduce Imbalances With EU

15:14, 29 Ian. 2008
The Romanian government will make the best of its budget deficit ceiling of 3% of gross domestic product and will continue to fund projects in infrastructure, environment and agriculture to reduce imbalances between Romania and other EU states, Prime Minister Calin Tariceanu said Tuesday.

Google a înfiinţat o firmă în România

17:04, 28 Ian. 2008
Google a înfiinţat o firmă în România, Google Bucharest, după ce în luna martie a anului trecut operatorul celui mai folosit motor de căutare pe internet a numit un consultant pentru România.

Romanian Privatization Auth Restructuring To Leave 100 Jobless

21:44, 25 Ian. 2008
Romanian privatization authority AVAS will fire 100 employees in 2008, through collective layoffs, thus reducing the maximum number of positions in the structure of the institution to 510 employees, from the 610 positions set late 2006.

Romanian Govt Finds Breaches At Financial Guard

17:45, 25 Ian. 2008
Romanian county control services, as well as commissariats of the Environment Guard, the Financial Guard and the inspectorates in constructions, are violating over 20 work rules, storing confiscated goods in gyms and making mistakes in literature, which allow fined companies to win in court.

EC To Present Convergence Recommendations To Romania

15:47, 25 Ian. 2008
The European Commission will present to the Ecofin Council, next week, a recommendation regarding the program for Romania’s convergence, said European commissioner for Multilingualism Leonard Orban.

Preventive Arrest For Romanian Cop Cristian Cioaca On E-Mail Violation Charges

13:03, 24 Ian. 2008
The Romanian High Court of Justice decided the preventive arrest, for 29 days, of Cristian Cioaca in the case where he is charged with violating the e-mail address of his wife, lawyer Elodia Ghinescu.

New Romanian Car Tax To Come Into Force On July 1, ’08

12:32, 24 Ian. 2008
The changes in the Romanian car registration tax will come into force on July 1. The sums collected will go from the state budget to the Environment Fund. The values in the new grid published by the Ministry of Economy and Finance are highly similar to the ones presented Wednesday by MEDIAFAX.

Romanian Pres Heckled In Iasi

12:27, 24 Ian. 2008
Romanian president Traian Basescu was booed and heckled in northeastern Romanian city Iasi, at the beginning of the speech he was about to hold. He immediately retorted saying that the event is not political, but the public offered the same response at the end of the speech.

EXCLUSIVE: EUR950 Tax On Euro 4 Cars In Romania

19:55, 23 Ian. 2008
The value of the Romanian car first registration tax for cars will hike two-three times for new Euro 4 cars, namely EUR420 for 1400 cubic centimeters, EUR480 at 1600 cubic centimeters and EUR950 at 1900 cubic centimeters, but it will also drop ten times for 14-15 year old Euro 1 cars, between EUR323 and EUR652.

EC To Drop Infringement When Romanian Parliament OKs New Car Tax

14:15, 23 Ian. 2008
Romanian economy and finance minister Varujan Vosganian informed the members of the Romanian government that the changes to the "car pollution tax" will be promoted in the next Government meeting, and Romania will stop facing infringement once the Parliament approves these changes.

Foreign Cos Appreciate Romanian Workers For Skills, Salary Demands – Report

19:12, 22 Ian. 2008
The number of Romanian women working abroad is larger than the number of men, while Romanians are considered the best employees, due to their skills and the fact that they are working overtime for modest pay, according to a report compiled by European Citizens Advice Service.

Romanian IT&C Authority Proposes New Interconnection Fees

16:42, 22 Ian. 2008
A number of 33 fixed telephony operators could apply, starting with the second quarter of 2008, an interconnection fee of 1.15 eurocents/minute, according to a draft decision of the National Authority for the Regulation of Communications and Information Technology (ANRCTI).

Romanian Interior Min Demands Crackdown On Street Violence

16:11, 22 Ian. 2008
Romanian interior minister Cristian David said Tuesday at the activity report meeting of the Romanian Police that police chiefs in cities with frequent gang wars and gang retaliations should “make room for someone better.”

Romanian PM Romania Supports US Missile Shield

15:12, 22 Ian. 2008
Romania supports the extension of the American missile shield project, but without “hostility” from Russia, which needs to understand that it could team up with the EU and NATO in the set up of such global protection measures, said Romanian Prime Minister Calin Popescu Tariceanu.