English

Moldovan News Agency BASA-press Closed Over Financial Crisis

13:37, 29 Dec. 2009
The Republic of Moldova’s independent news agency BASA-press will shut down as of January 1, 2010 because of the financial crisis, agency managers told MEDIAFAX.

Romanian Government Delays Implementation Of Mandatory Energy Certificate Law Until 2011

13:23, 29 Dec. 2009
The law stating real estate transactions in Romania would require an energy certificate will be enter force as of January 1, 2011, its implementation having been delayed by the Government through an emergency ordinance.

Romania’s Jobless Rate Seen At 9-10% Next Year Depending On Public Sector Adjustments – Analysts

13:11, 29 Dec. 2009
Romania’s jobless rate is seen rising to 9-10% next year from an estimated 8% this year and will largely depend on what measures the government takes in the country’s overstaffed public sector, analysts said.

Romania Defers Health Insurance Contribution Payments For Non-Taxable Pensions Until 2011

12:55, 29 Dec. 2009
Romania’s government decided to postpone until January 1, 2011 the payment from the state budget of health insurance contributions for retirees with pensions lower than 1,000 lei (EUR1=RON4.1997).

Romanian Self-Financed Public Institutions Exempt From Meal Voucher Ban

12:39, 29 Dec. 2009
Romanian public institutions financed entirely through their own means, such as schools and hospitals, will be allowed to grant meal vouchers to their employees, an exception to the rule imposed by the Government as of next year.

Romanian Sailors On UK-Flagged Tanker Seized In Gulf Of Aden – Media

12:37, 29 Dec. 2009
Romanian and Russian sailors are among the 26-member crew of UK-flagged tanker St. James Park, seized by Somali pirates in the Gulf of Aden while on its way to Thailand from Spain, Itar-Tass reported.

Romania’s Second Nuclear Pwr Plant To Have 1,000 MW, Seen Built Until ‘30

11:37, 29 Dec. 2009
Romania’s second nuclear power plant will have 1,000 MW and will be built until 2030, ten years later than authorities' previous estimations, according to an appendix to the 2010 budget of the Ministry of Economy, Commerce and Business Environment.

Romania’s Culture Ministry Requests Nearly RON690M From State Budget In 2010

20:55, 28 Dec. 2009
Romania’s Culture Ministry requests nearly 690 million lei (EUR1=RON4.1997) from the state budget to unfold its activity in 2010, according to the ministry’s 2010 draft budget.

Bucharest Court Places 14 Of 15 Weapons Heist Suspects In Preventive Arrest

20:39, 28 Dec. 2009
The Bucharest Court on Monday evening placed under preventive arrest for 29 days 14 of the 15 suspects in the case regarding the weapon heist at the Ciorogarla military base, near capital city Bucharest.

Romanian Public TV, Radio Cos Request State Budget Funds For 2010 Activity

20:27, 28 Dec. 2009
Romania's national television company SRTv requested around 185 million lei (EUR1=RON 4.1997) from the state budget to finance its activity in 2010, while Romania's national radio company SRR requested around RON191.5 million for 2010.

Romania ’09 Inflation To Exceed Again Ctrl Bk’s Target – Analysts

17:58, 28 Dec. 2009
Romania’s inflation will exceed again the upper limit of the central bank’s target interval for 2009, of 2.5%-4.5%, but the disinflation process will continue next year, according to financial analysts polled by MEDIAFAX.

Romanian Constitutional Court Says State Not Compelled To Compensate Pvt Emergency Medical Services

16:09, 28 Dec. 2009
The Romanian Constitutional Court ruled that the state cannot be compelled to cover the cost of emergency medical services provided by private operators, from public funds or the national health insurance fund.

Weapons Stolen From Romanian Military Base Functional, Unused – Police Chief

13:44, 28 Dec. 2009
The weapons found following searches in the case of the theft at the Romanian military base in Ciorogarla are functional and unused, as they were stolen without their ammunition, Romanian Police department inspector general Petre Toba said Monday.

Romanian Parliament To Set State Budget Adoption Calendar Tuesday

13:19, 28 Dec. 2009
The Romanian Parliament’s standing offices meet Tuesday to set a calendar for the adoption of the 2010 state budget, Senate secretary Gheorghe David told MEDIAFAX Monday.

Over 75% Of Cos In Romania Lowered Training Budgets By 30-40% In 2009

12:43, 28 Dec. 2009
Over three quarters of companies operating in Romania lowered their training budgets by 30%-40% in 2009 because of the crisis and focused on in-house and online training, which led to a decrease of nearly 50% on the local training market, to EUR17.5 million, human resources experts said.

Indonesian Police To Deport Romanian Fraud Convict

10:12, 28 Dec. 2009
Indonesian police will deport Romanian Nicolae Popa, convicted in absentia for defrauding more than 100,000 people in a massive Ponzi scheme and detained in Jakarta, the Jakarta globe reported in its online edition.

Romanian Police Makes New Arrests In Weapon Heist Case

15:05, 27 Dec. 2009
Romanian police arrested Liviu and Alexandru Iordan Sunday in mountain resort Sinaia, in connection with the weapon heist at the Ciorogarla military base.

Romanian Government Approves 2010 Draft Budget

10:22, 24 Dec. 2009
Romanian government on Wednesday has approved a much-needed draft budget for 2010, which will be sent to parliament on Thursday for urgent debates and approval.

Romania’s New Environment Min Promises Clunkers Program Start On Jan 1, ‘10

19:21, 23 Dec. 2009
Romania’s new environment minister, Laszlo Borbely, promised Wednesday upon being sworn in, that the 2010 edition of the Romanian clunkers program will begin on January 1 for cars and “as soon as possible” for tractors.

Romanian Romaero Cleared To Lay Off 200 Staff In ‘10

18:42, 23 Dec. 2009
Romanian state-run aircraft maintenance services provider Romaero (RORX.RO) may lay off up to 200 employees in 2010, provided the move doesn’t endanger its defense production capabilities or its obligations to the Ministry of Defense, according to the company’s restructuring program.

Romanian Energy Watchdog To Keep Gas Prices Unchanged Jan 1

17:53, 23 Dec. 2009
Romania’s energy regulatory authority ANRE will keep unchanged household and industrial gas prices as of January 1, 2010, and may change the electricity prices according to inflation rate, ANRE’s president Petru Lificiu said Wednesday.

Romania Must Send EC Data On Four Steel Plants By Jan 20

15:58, 23 Dec. 2009
Romania complied with all the obligations in the EU Accession Treaty regarding the steel sector but must send the European Commission various data on four steel plants until January 20, 2010, namely on Mechel Targoviste, Mechel Campia Turzii, ArcelorMittal Hunedoara and ArcelorMittal Galati.

Romanian Employers: 280,000 Employees In Public, Pvt Sectors To Be Laid Off In 2010

15:47, 23 Dec. 2009
The secretary general of the Romanian Association of Businessmen (AOAR), Cristian Parvan, on Wednesday said 280,000 employees will be laid off in 2010 in the public and private sectors, adding forecasts regarding revenues estimated for 2010 are too optimistic.

Romanian PM Gains Parliament Confidence Vote For New Cabinet

15:16, 23 Dec. 2009
Romania’s Parliament Wednesday gave a confidence vote to the 15-minister Cabinet proposed by democrat liberal Prime Minister Emil Boc, which now has to adopt the 2010 state budget and submitted to Parliament in a bid to unlock further tranches of an IMF-led EUR20 billion loan the country relies on.

Romanian Unions Frown On Draft State Budget

14:08, 23 Dec. 2009
Romanian unions are displeased with the draft state budget for 2010, saying it is built on a minimum wage of 600 lei (EUR1=RON4.2047) which will lead to discrimination between the public and private sector.

Bucharest Military Court Releases Defendants In Weapon Heist Case

13:25, 23 Dec. 2009
The eight defendants in the case regarding the theft of weapons from Romanian military base Ciorogarla will be released from the Rahova Penitentiary, according to a decision issued Wednesday by the Bucharest Military Court, which sustained their requests for release.

Romania’s PM-Designate Seeks Parliament Confidence Vote For New Govt To Unlock Bailout Money

10:40, 23 Dec. 2009
Romania’s Prime Minister-designate Emil Boc seeks a confidence vote in Parliament Wednesday for his 15-minister cabinet, which needs to push through next year’s state budget and unlock further tranches of an IMF-led EUR20 billion loan the country relies on.

Romania Regional Development & Tourism Min Wants To Revise Resort Urbanistic Plans

19:37, 22 Dec. 2009
Romanian Regional Development and Tourism Minister-designate Elena Udrea said Tuesday she plans to make changes in the regional urbanistic plans (PUZ) of resorts countrywide.

Romanian Parliament Committees Endorse Proposed Development & Tourism Minister

18:16, 22 Dec. 2009
Romania’s Parliament committees for public administration, industry and services Tuesday endorsed proposed Regional Development and Tourism Minister Elena Udrea with 43 to four votes and one abstention.

Romanian FM-Designate Wants To Relaunch Ties With Russia

16:58, 22 Dec. 2009
Romania’s Foreign Minister-designate Theodor Baconschi told lawmakers in a hearing Tuesday try he will try to resume Romania’s bilateral relation with Russia, adding Romania cannot ignore Russia, just as Russia cannot the fact that Romania is the EU and NATO’s eastern border.

Comm Min-Designate: Romania Not To Sell Posta Romana, To Keep Stake In Romtelecom

16:57, 22 Dec. 2009
Romania’s Communications and Information Society Minister-designate Gabriel Sandu on Tuesday said he does not plan to sell state-owned postal company Posta Romana during his mandate, but reorganize it, adding the ministry’s stake in mainline operator Romtelecom will not be sold either.

Transport Min Says Romania Can Have 101 Km Of Highway Next Year Depending On Funds

16:24, 22 Dec. 2009
Romania’s Transport Minister-designate Radu Berceanu said Tuesday Romania could have 101 kilometers in 2010 provided that financing is ensured.

Romanian Leasing Debtors May Sell Contracts On Specialized Website

16:02, 22 Dec. 2009
Romanian leasing clients who are unable to pay their installments may transfer their leasing contract to other interested people, contacted through a dedicated website, which was launched Tuesday.

Romania’s Mining Sector To Be Reorganized, 1,600 Miners Sacked – EconMin Designate

15:26, 22 Dec. 2009
Romania’s mining sector will be reorganized and 1,600 persons will be sacked from the state-owned pitcoal mining company CNH, Economy Minister-designate Adriean Videanu said at parliamentary hearing Tuesday, giving guarantees that no mine will be shut down.

Romanian Parliament Committees Endorse Proposed Defense Minister

14:55, 22 Dec. 2009
Romania’s Parliament committees for defense Tuesday endorsed proposed Defense Minister Gabriel Oprea with 20 to two votes and one abstention.

Romania Social Security Contributions Kept In 2010 At This Year’s Level

13:49, 22 Dec. 2009
Social security contributions in Romania will be kept in 2010 at this year’s level, for both employers and employees, and law-regulated loans that can be contracted from the social security budget by authorized individuals will be kept at 1.5 million lei (EUR1=RON4.2268) in 2010.

Romanian Parliament Committees Endorse Proposed Foreign Minister

13:29, 22 Dec. 2009
Romania’s Parliament committees for foreign policy and European affairs Tuesday endorsed proposed Foreign Affairs Minister Theodor Baconschi with 33 to 15 votes and one abstention.

Romanian Econ Min-Designate Wants Rosia Montana Gold Mining Proj Renegotiated

13:25, 22 Dec. 2009
Romania’s Economy Minister-designate Adriean Videanu said Tuesday during hearings on parliament committees that he wants to renegotiate Romania’s stake in the gold mining project in Rosia Montana, western Romania.

Romania’s Unemployment Rate To Drop To 7.3% In 2010 From 7.8% In 2009

12:58, 22 Dec. 2009
Romania’s average unemployment rate will decrease from 7.8% in 2009 to 7.3% in 2010, and the number of unemployed people will be of 645,000 at the end of 2010, down 55,000 compared to the end of this year, according to Romania’s social security draft budget, obtained by MEDIAFAX.

Romanian Parliament Committees Endorse Proposed Finance Minister

12:56, 22 Dec. 2009
Romania’s Parliament committees for budget and finance Tuesday endorsed proposed Finance Minister Sebastian Vladescu with 36 to two votes.