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Romanian Unionists Threaten Protests Over Planned Layoffs

16:27, 18 Ian. 2010
Cartel Alfa union leader Bogdan Hossu said Monday that unionists will begin protests next week and will urge the Government to extend the period of technical unemployment, as 200,000 employees are to be laid off starting February 1.

Romanian Public Sector Wages To Only Be Set Through Laws, Govt Decisions – Draft

15:37, 18 Ian. 2010
The salaries of Romanian public sector personnel may only be set through laws or government decisions, and wage rights set through collective/individual labor contracts or other acts will not be considered, according to the draft decision on the application of the unitary wage law.

UK Embassy To Bucharest Announces New Visa Procedures For Foreigners In Romania, Bulgaria

15:36, 18 Ian. 2010
The UK Embassy to Bucharest said Monday new visa procedures for citizens who want to travel to the United Kingdom will be enforced starting February 15, so that visa applications submitted by non-EU citizens present in Romania and Bulgaria will be processed in Warsaw.

Romania’s Electricity Consumption Seen Up 1% In 2010 – Transelectrica

14:22, 18 Ian. 2010
Romania's electric power consumption might increase by 1% in 2010, after an 8.3% fall last year, according to Octavian Lohan, deputy general manager of state-owned power grid operator Transelectrica (TEL.RO).

Romanian Leu Up Vs Euro, Exch Rate Moves To New 12-Mo Peak At 4.1008

13:53, 18 Ian. 2010
The Romanian leu edged higher against the euro in mid trade Monday and the central bank’s reference gained nearly 0.4% on the day to see a fresh 12-month peak at RON4.1008 versus the European currency.

More Than 10,000 Education Employees To Be Sacked – Unions

13:52, 18 Ian. 2010
Romanian education union FSLI vice-president Simion Hancescu said Monday, following talks with the Labor Ministry, that more than 10,000 public education system employees would be laid off.

Somali Pirates Free Greek-Flagged Oil Tanker Crew, Including One Romanian

11:17, 18 Ian. 2010
Somali pirates have released Greek-flagged oil tanker VLCC Maran Centaurus and its crew, which also includes one Romanian, after they received millions of dollars in ransom, a Kenya-based maritime watchdog and pirate sources said Monday.

Romanian Available Lower Chamber Seat Won By Radu Stroe

10:11, 18 Ian. 2010
Liberal Radu Stroe obtained 70.17% of votes in the partial elections for one seat in the Romanian Lower Chamber, while democrat liberal opponent Honorius Prigoana received 29.83% of votes according to the final results presented Monday by the Electoral Office.

Romanian Health Ministry Mulls Job Cuts Among System Auxiliary Staff

15:13, 17 Ian. 2010
Romania’s Health Minister Cseke Attila told a news conference Sunday that while specialized medical staff in the healthcare system will not be laid off, the ministry is looking at potential job cuts among auxiliary staff in the system.

Romanian Authorities Spent Up To EUR10,000 On Cell Phones, Pens, Paper Clips Last Year

14:51, 17 Ian. 2010
Romanian public institutions and state-owned companies spent up to EUR10,000 last year on cell phones, pens and paper clips and bought cars, air conditioning, laptops and TV-sets for over EUR140 million, spending triple compared to 2007 but less than in 2008.

Romanian Tour Operators Association Objects Govt’s Lump Sum Tax Plans

14:50, 17 Ian. 2010
Romania’s National Association of Tour Operators (ANAT) said Sunday it is deeply offended by the government’s plans to impose a lump sum tax on tour operators and travel agencies on allegations the sector is prone to tax evasion.

WB Mission To Romania To Focus On Public Sector Reform

13:45, 17 Ian. 2010
A World Bank mission, which will be in Bucharest along similar missions from the EU and the IMF during February 20-27, will mainly target Romania’s reform of the public sector, social assistance, and the reforms in the financial sector.

Romania Finance Minister Wants Property Taxed At Real Value

13:30, 16 Ian. 2010
Romania’s Finance Minister Sebastian Vladescu said Friday he wants property to be taxed at its real value, which would lead to taxes of thousands of euros, adding people with low income should be shielded from such taxation.

Romania Selected To Participate In 2010 European Prize For Literature

20:38, 15 Ian. 2010
Romania was selected to participate in the 2010 edition of the European Prize for Literature (EUPL) to be awarded in November 2010, the European Commission said on its website.

Romanian Retirees Want Pension Point Set At 45% Of Average Gross Wage

19:19, 15 Ian. 2010
The Alliance of Romanian Pensioners (APR) Friday urged the Government and the country’s lawmakers to set the pension point at 45% of the average gross wage.

Romanian Leu Firms Vs Euro, Ends At Fresh 12-Mo High

18:26, 15 Ian. 2010
The Romanian leu widened its gains against the euro in late trade Friday and touched a fresh one-year high at RON4.0965 to the European currency toward closing, fueled by heavy forex sales from foreigners.

Romania’s EU Commissioner-Designate Endorsed Unanimously By EP Agric Commission

16:44, 15 Ian. 2010
Romania’s proposed EU Commissioner for Agriculture Dacian Ciolos was endorsed unanimously Friday by political groups in the European Parliament, the EP’s agriculture commission head Paolo de Castro told MEDIAFAX.

Romanian Govt To Impose Faster Labor Contract Registration, On EC Request

15:42, 15 Ian. 2010
The Romanian Government has decided, on the European Commission’s request, to amend labor legislation in an effort to fight evasion, by compelling firms to register labor contracts faster - one day before work commences, instead of current 20 days from the signing of the contract.

Romania’s Unemployment Rate Will Not Exceed 10% In 2010, Might Decrease As Of April

15:35, 15 Ian. 2010
Romania’s unemployment rate will not go over 10% in 2010, although it will continue its increase until April, and unemployment rate could stand at 8.8% or 8.9%, national employment agency ANOFM former general secretary Eugen Preda said Friday.

Romanian Commissioner-Designate Dacian Ciolos Pleased With EP Hearing Outcome

15:19, 15 Ian. 2010
Romania’s designated European Commissioner for Agriculture, Dacian Ciolos, said Friday, after the hearing in the European Parliament, that he was pleased to witness a compelling interest and a wide range of opinions on the Common Agricultural Policy (CAP).

Romania Registers 102 Deaths, 6,470 AH1N1 Infections

14:30, 15 Ian. 2010
Romania registers 102 fatalities and 6,470 infections with the AH1N1 flu virus, as two more deaths and 84 new infections have been reported over the past 24 hours, the Health Ministry said Friday.

Lump Sum Tax To Replace Minimum Tax In 2H – Official

14:10, 15 Ian. 2010
The lump sum tax will replace the minimum tax in the second half of the year and will be applied to services subject to tax evasion, such as restaurants and beauty saloons, Friday said Mihai Gogancea-Vatasoiu, vice-president of Romania’s tax administration agency ANAF.

Romanian Leu Rises Vs Euro, Exch Rate Hits 12-Mo High At RON4.1167

13:26, 15 Ian. 2010
The Romanian leu gained soundly against the euro in mid trade Friday, attuned to the region, and the central bank’s reference rate moved to touch a one-year high at RON4.1167 per euro.

Romanian Commissioner-Designate Dacian Ciolos Heard In EP Friday

12:49, 15 Ian. 2010
Romania’s designated European Commissioner for Agriculture, Dacian Ciolos, will be heard Friday for three hours by the European Parliament’s Committee for Agriculture.

Romania 09 Jan-Oct Trade Gap, Sixth Biggest In EU

12:35, 15 Ian. 2010
Romania registered the sixth largest trade deficit in the European Union bloc in the first ten months of 2009, with both exports and imports falling compared to last year, EU’s statistics office Eurostat data showed Friday.

IMF Mission To Visit Romania During Jan 20-27

11:07, 15 Ian. 2010
The International Monetary Fund will send a mission to Bucharest during January 20-27 to review the EUR13 billion agreement signed last year with Romania, an IMF representative said Friday.

Romania 2009 Jan-Nov Curr Acct Gap Narrowed 69.4% To EUR4.7B

10:43, 15 Ian. 2010
Romania's current account deficit narrowed 69.4% in the first eleven months of 2009 to EUR4.68 billion, from a EUR15.3 billion deficit in the same period a year earlier, due mainly to the falling trade deficit, the central bank said in a statement Friday.

Romania FinMin Says IMF Mission To Arrive After ECOFIN Meeting

10:27, 15 Ian. 2010
Romanian Finance Minister Sebastian Vladescu on Friday said he will return from the EU Economic and Finance Ministers' (ECOFIN) meeting in Brussels together with a delegation of the International Monetary Fund.

Romania’s Parliament Passes 2010 Social Security Budget

20:43, 14 Ian. 2010
Romania’s Parliament Thursday adopted with 176 to 147 votes the social security budget for 2010.

Romanian Parliament Passes 2010 Budget Bill

19:02, 14 Ian. 2010
Romanian parliament on Thursday adopted 192 to 138 the state budget for 2010, following several days of wrangling over thousands of amendments proposed by the opposition.

Romanian Govt Compiles List Of Lump Sum Taxable Services

18:53, 14 Ian. 2010
Restaurants, hotels, tour operators, fitness centers, but also funeral homes are among the activities for which the lump sum tax could be collected, according to a list, discussed by authorities, which includes 26 services performed for the population.

Romania To Grant Subsidies For Agricultural, Forestry Products Processing Operations

16:50, 14 Ian. 2010
Romania’s Agriculture and Rural Development Ministry said Thursday it received the European Commission’s decision allowing the ministry to grant state aid in the agricultural and forestry product processing field.

Romania To Ask EC Approval For 13-14 State Aid Schemes

16:44, 14 Ian. 2010
Romania will ask the European Commission’s approval for 13-14 state aid schemes, of which, three or four target to subsidize the country’s farming sector, and the schemes will be sent to the EC over the next two months, Finance Minister Sebastian Vladescu said Thursday.

Romanian Microenterprises To Pay 16% Profit Tax Or Lump-Sum Tax In 2010 – Fin Min

16:31, 14 Ian. 2010
Microenterprises in Romania will no longer benefit from a different taxation system in 2010 and will have to pay a 16% profit tax or a lump-sum tax, just like any other company, according to Finance Minister Sebastian Vladescu.

Romania Registers 100 Deaths, 6,386 AH1N1 Infections

13:50, 14 Ian. 2010
Romania registers 100 fatalities and 6,386 infections with the AH1N1 flu virus, as four more deaths and 131 new infections have been reported over the past 24 hours, the Health Ministry said Thursday.

Heineken Closes Down Beer Factory W Romania, Lays Off 100 People

13:40, 14 Ian. 2010
Heineken Romania, the local unit of Dutch brewer Heineken, will close down the factory in the western city of Hateg, laying off 98 people, in order to increase efficiency and consolidate its position, the company said in a statement Thursday.

Romanian Union Leader Hossu Criticizes Layoffs Decision, Announces Protests

13:29, 14 Ian. 2010
Romanian Cartel Alfa union leader Bogdan Hossu told MEDIAFAX that normative acts drafted recently, which provide for layoffs in the education, social assistance and public administration sectors, were made by accountants, not experts, and unions are preparing to hold protests.

Romania Fin Min: Public Institutions To Apply Program Targeting Nearly 100,000 Layoffs

12:33, 14 Ian. 2010
Romania’s Finance Minister Sebastian Vladescu on Thursday declined to comment on planned layoffs in the public administration sector, and said public institutions will have to apply a program meant to sack nearly 100,000 public sector employees.

Romanian Carmaker Dacia Plans To Develop Two New Models – Manager

11:12, 14 Ian. 2010
Romanian carmaker Automobile Dacia plans to design and produce two new models, sales manager Fabrice Cambolive told a news conference Thursday.

Romanian Carmaker Dacia Sold Over 311,000 Cars In 2009, Up 20.5% YY

10:12, 14 Ian. 2010
Romanian carmaker Dacia, a unit of France’s Renault, sold 311,282 cars last year, 20.5% more than in 2008, but its sales in Romania declined more than 50%, to 41,862 cars, the company said Thursday.