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Financial Aid For Romanian Food-Hit Areas In ‘08 Granted Upon EC Evaluations – Govt

11:14, 22 Oct. 2009

Romania's Government on Wednesday said European Union funds worth EUR11 million, used as financial assistance for floods that occurred in 2008, were allocated to counties Suceava, Botosani, Neamt, Iasi and Maramures, in northern Romania, after the EC experts assessed flood-related damages.

U.S. VP Biden Meets With Romanian Officials Thursday

09:49, 22 Oct. 2009

U.S. Vice-President Joe Biden, who arrived in Romania’s capital Bucharest Wednesday evening, meets Thursday with Romanian President Traian Basescu, acting Prime Minister Emil Boc, Senate Chairman Mircea Geoana and liberal leader Crin Antonescu.

First Confirmed Case Of New Flu Virus In A School In Bucharest, Romania

09:43, 22 Oct. 2009

The first case of the AH1N1 flu virus infection in a school in Romanian capital Bucharest was confirmed on Thursday at School no. 146 in the Panduri neighborhood.

Romanian Social Democrats Oust Bucharest District 2 Mayor From The Party

20:39, 21 Oct. 2009

The Bucharest social democrats ousted District 2 mayor Neculai Ontanu, following his statements of support for president Traian Basescu, according to organization leader Marian Vanghelie.

Romanian Parliament Accepts An Increase In Heating Aid Ceiling

19:33, 21 Oct. 2009

Romanian interim prime minister Emil Boc said the Parliament has already accepted to increase the ceiling for heating aid, adding he asks mayoralties to start receiving requests from people with family member incomes between 425 lei (EUR1=RON4.2930) and RON615.

Russian Inter Rao May Resume Pwr Export To Romania In ’10

19:27, 21 Oct. 2009

Russian Inter RAO EES may resume the exports of electricity to Romania in 2010, upon the coming into force of the new energy trading contracts to be negotiated in November, a head of state-owned power grid operator Transelectrica (TEL.RO) said Wednesday.

Romanian Execs Afraid To Claim Penalties For Late VAT Refunds – Survey

19:18, 21 Oct. 2009

Only 3% of Romanian companies that filed for value added tax refunds have also requested penalty interest for payment delays, fearing potential repercussions from the authorities, according to a survey conducted by Deloitte Romania.

Romanian Social Democrat Leader Threatens To Oust Bucharest District 2 Mayor From Party

18:37, 21 Oct. 2009

Romanian social democrat leader Mircea Geoana told Bucharest District 2 mayor Neculai Ontanu he will be excluded from the party if he does not withdraw his statement according to which he supports President Traian Basescu for a second term, social democrats told MEDIAFAX Wednesday.

Romanian PM-Designate To Present Govt Structure In Parliament Friday Or Monday

16:32, 21 Oct. 2009

Romanian designated Prime Minister Lucian Croitoru will forward to the Parliament Friday or Monday morning the list with the structure of the new Government made up of 14 ministries led by technocratic ministers, democrat liberals told MEDIAFAX Wednesday.

Referendum On Parliament Downsizing To Be Held Despite Opposition – Romanian President

16:18, 21 Oct. 2009

Romanian President Traian Basescu said Wednesday that the referendum on downsizing the Parliament will be held, arguing that the current Cabinet, although it has limited powers, can still issue government decisions.

Romanian Bks Payment Refusals Up 2.6-Fold YY In Jan-Sept

16:13, 21 Oct. 2009

Romanian banks rejected from payment promissory notes, cheques and bills of exchange totaling 6.52 billion lei (EUR1=RON4.2930) in the first nine months, up 2.6-fold from the same period in 2008, according to the country’s central bank.

Romania Gets EUR300M In WB Money – Treasury Head

15:12, 21 Oct. 2009

Romania has received the first EUR300 million loan of a larger EUR1 billion financial package granted by the World Bank, Treasury head Laurentiu Andrei told MEDIAFAX Wednesday.

Bucharest Social Democrat Sector 2 Mayor Backs Basescu For Reelection

14:39, 21 Oct. 2009

The social democrat mayor of Bucharest’s sector 2 said in a press release Wednesday that he supports acting President Traian Basescu for a second term and now risks exclusion for his party.

Romanian Employers To Decide On Minimum Wage After Future Govt Sets Anti-Crisis Plan

14:33, 21 Oct. 2009

Romanian employers said Wednesday they will continue negotiations to set the minimum wage for 2010, but they will make no decision until the future Government presents them with macroeconomic figures and its anti-crisis strategy.

Romanian President Directs Majority Parties To Form Alliance

12:26, 21 Oct. 2009

Romanian President Traian Basescu said Wednesday that the parties which have stated their majority in Parliament need to go to court to register an alliance and may then have discussions with the President, but not before the 2012 parliamentary elections.

Romanian Lawmakers Acknowledge New Majority

11:40, 21 Oct. 2009

Romanian lawmakers adopted Wednesday 252 to two votes a political declaration acknowledging a new parliamentary majority that backs Sibiu mayor Klaus Johannis for prime minister.

Romanian Lawmakers Disapprove President’s Call For Referendum

10:34, 21 Oct. 2009

Romanian lawmakers Wednesday voted to disapprove President Traian Basescu’s letter calling for a national referendum on November 22, along with presidential elections, to downsize the Parliament to a single chamber and maximum 300 lawmakers.

Romanian Politician Nati Meir Arrested For 29 Days Under Forgery Charges

09:46, 21 Oct. 2009

The Bucharest Court ruled Tuesday evening to place Romanian politician Nati Meir under preventive arrest for 29 days under charges of forgery, possession and circulation of forged currency.

Romania’s Unirea Urziceni Scores First Win In Champions League With Glasgow Rangers

09:43, 21 Oct. 2009

Romania’s champion team Unirea Urziceni scored its first victory in Champions League Tuesday evening, beating Scotland’s Glasgow Rangers 4-1 (1-1) in Glasgow, sending the Scots to the bottom of Group G.

Statute Of Limitations Rids Romanian Businessman S.O. Vantu Of Forgery Charges

20:44, 20 Oct. 2009

The Bucharest Court of Appeals decided Tuesday, by final decision, the discontinuation of the trial on the creation of the International Bank for Development (BID), a case where businessman Sorin Ovidiu Vantu was charged with forgery.

Romanian Lawmakers Reject Request To Suspend Chamber Of Deputies’ Speaker

17:13, 20 Oct. 2009

Romania's Chamber of Deputies committee for legal matters rejected Tuesday 14 to nine votes and one abstention the request of social democrats and liberals to suspend Chamber Speaker Roberta Anastase for 30 days.

Romanian Police Raid Nati Meir’s Firm, Seize Over 1,500 Forged EUR500 Banknotes

17:11, 20 Oct. 2009

Romanian police officers raided the office of politician Nati Meir’s firm and confiscated 1,525 forged EUR500 banknotes, which he had used as deposits on various contracts, requesting commissions to be transferred into his accounts.

Romanian Social Democrat Leader Urges PM-Designate To Refuse Govt Leadership

16:51, 20 Oct. 2009

Romanian social democrat leader Mircea Geoana said Tuesday social democrats, liberals, the Hungarian minority party and the group of national minorities asked designated Prime Minister Lucian Croitoru to refuse the position of prime minister and not enter a political game that is out of his league.

Romanian Business Executives Most Optimistic In CEE – Survey

16:08, 20 Oct. 2009

Romanian executives are the most optimistic in the Central and Eastern Europe when it comes to their business outlook, with as much as 15% of managers believing the global crunch has a positive impact on their companies, according to a survey from IMAS Vienna.

Romanian PM-Designate Says He Is No Pawn, But A Solution

15:40, 20 Oct. 2009

Romania’s designated Prime Minister Lucian Croitoru said Tuesday after a meeting with the country’s new parliamentary majority, which doesn’t endorse him, that he told them he is not a pawn in anyone’s hands but rather a solution to the country’s problems.

Romania Ranks Fourth In Deloitte’s 2009 Technology FAST 50 Central Europe Chart

15:17, 20 Oct. 2009

Romania is ranked fourth in the 2009 edition of the Technology FAST 50 chart, compiled by audit company Deloitte with respect for the growth of revenues seen by IT companies in Central Europe between 2004 and 2008.

Romanian Rompetrol Hikes Fuel Prices By Up To RON0.08/Liter

15:07, 20 Oct. 2009

Romania’s second-largest oil group Rompetrol, owned by Kazakhstan's KazMunayGaz, on Tuesday raised its gasoline and diesel oil prices by 0.08 lei (EUR1=RON4.2911) per liter, and RON0.07 per liter, respectively.

Romania To Get EUR300M From WB In ‘Few Days’ – Official

15:01, 20 Oct. 2009

The World Bank will give Romania a first EUR300 million loan from a EUR1 billion financial package in “a few days,” Finance Ministry state secretary Bogdan Dragoi told MEDIAFAX Tuesday.

Romanian Senators Adopt Normative Act Regulating Sale Of ANL Homes

14:22, 20 Oct. 2009

Romanian senators adopted Tuesday, with 44 votes in favor and 29 against, a legislative proposition to allow the sale of homes built by the National Housing Agency (ANL) at inventory prices.

Romanian Designated PM Scouts Economists For Future Government

14:18, 20 Oct. 2009

Romanian designated Prime Minister Lucian Croitoru announced he approached several economists, including Valentin Lazea, Lucian Albu, Gheorghe Oprescu, Laurian Lungu, Aurel Dochia, with a proposition to join the government, adding some of them have not declined the offer.

Romanian Lawmakers Vote To Lift Immunity For Ex Youth Minister

14:17, 20 Oct. 2009

Romanian lawmakers voted Tuesday 156 to five to approve a report of the Chamber of Deputies’ committee for legal matters to lift the immunity of former democrat liberal Youth and Sports Minister Monica Iacob Ridzi and have her prosecuted.

Romania Pays $5.4M Of US’ Loan, On Behalf Of Local Cotton Importers

13:47, 20 Oct. 2009

The Romanian Government will pay from the state budget the remaining $5.4 million from a loan previously taken from the US Government for cotton acquisition by local companies, after importers refused to pay their debt.

Romanian Lawmakers Adopt Report Of Parl Committee Investigating Tourism Min

13:28, 20 Oct. 2009

Romanian deputies unanimously adopted Tuesday the draft decision regarding the report of the parliamentray committee investigating Tourism Minister Elena Udrea, which will be sent to the Chamber of Deputies’ legal committee to further draw up a report requiring Udrea’s criminal prosecution.

Romania’s Ex Interior Minister Wants Decree Sacking Him Suspended In Court

13:02, 20 Oct. 2009

Romania's former Interior Minister Dan Nica asked the Bucharest Court of Appeals to suspend the decree signed by the president that dismisses him from the headership of the Interior Ministry and the hearings in the case were set for November 6.

Clothing Retailer LPP Fashion Invests EUR1.5M To Open 3 New Stores In Bucharest

12:52, 20 Oct. 2009

Polish clothing retailer LPP Fashion will open three new stores in a shopping center in Romania’s capital city Bucharest, following investments estimated at EUR1.5 million, but intends to halt expansion plans afterward because of the economic crisis, the company said Tuesday.

Romanian Politician Nati Meir Faces Three Fraud Complaints – Lawyers

11:36, 20 Oct. 2009

One of the lawyers defending Romanian politician Nati Meir, recently detained on charges of fraud, said three people filed complaints against Meir, stressing one complaint targets the unfolding of a contract involving Meir’s election campaign song for the upcoming presidential elections.