English

European Commission OKs Romanian Temporary State Aid Scheme

12:49, 04 Dec. 2009
The European Commission authorized Friday, in accordance with EU norms on state aid, an aid program proposed by Romania to support, with up to EUR500,000, companies hit by the crisis.

Romania Jan-Nov Budget Gap Rises To 6% Of GDP – Fin Min

12:40, 04 Dec. 2009
Romania’s consolidated budget deficit rose to 29.6 billion lei (EUR1=RON4.2171), or 5.95% of the gross domestic product at the end of November, Finance Minister Gheorghe Pogea said Friday, citing preliminary data.

Romania 3Q Investments Dn 30% On Year To RON16.14B

10:01, 04 Dec. 2009
Investments in Romanian economy fell 29.9% on the year to 16.14 billion lei (EUR1=RON4.2171) in the third quarter, on nearly halved investments in machinery and vehicles and other investments, the National Statistics Institute, or INS, said in an estimate Friday.

Romania’s 3Q Finished Dwellings At 14,669, Up 259 Units YY

10:01, 04 Dec. 2009
Romania's finished dwellings were at 14,669 in the third quarter of 2009, up by 259 units compared with the same period a year before, the National Institute for Statistics said Friday.

Romanian CFR Cluj Missed Qualification For Europa League’s Last 32, Dinamo Stays In Competition

09:43, 04 Dec. 2009
Romanian football team CFR Cluj on Thursday missed qualification for Europa League’s last 32, while FC Dinamo is the only contender of four Romanian football teams engaged in the competition to continue its Europa League adventure after its victory against Austria’s SK Sturm Graz on Thursday.

Romanian Presidential Candidates Debate National Security Concepts

21:14, 03 Dec. 2009
Romanian presidential candidates Traian Basescu and Mircea Geoana debated Thursday evening national security issues, with the two agreeing that national security needs to be a complex that includes sanitary, food and energy components.

Romanian Pres Refuses To Appoint Fmr Head Lidia Barbulescu For Supreme Court President

20:51, 03 Dec. 2009
Romanian incumbent President Traian Basescu said Thursday, during the presidential runoff debate, that he will not appoint Lidia Barbulescu as president of the High Court of Justice.

Romanian Presidential Candidates Debate Black Sea Plateau And Foreign Policy

20:45, 03 Dec. 2009
Romanian presidential candidates Mircea Geoana and Traian Basescu Thursday debated the country’s relationship with neighbor Ukraine and the use of the resources in the Black Sea continental plateau.

Romania-Russia Relations Discussed In Presidential Runoff Debate

20:30, 03 Dec. 2009
Social democrat presidential contender Mircea Geoana told incumbent president Traian Basescu during the presidential runoff debate that he is not welcome in Russia because of his aggressive foreign policy, while Basescu replied saying business relations with Russia are good.

Romanian Social Democrat Candidate Geoana Asks Basescu To Keep Debate Civilized

19:47, 03 Dec. 2009
Romanian social democrat presidential candidate Mircea Geoana said Thursday evening, in his statement opening the electoral debate, that he has projects in store for Romania and asked rival candidate Traian Basescu to not resort to personal attacks as was the case in the election campaign.

Romanian Draft Amendment To Provide Adjustment Leave And Stipend For Adopting Parent

17:36, 03 Dec. 2009
The adopter or one of the adopting parents may opt between three months adjustment leave and a monthly 800 lei (EUR1=RON4.2171) stipend, or a quarter reduction in work hours, with the same salary, covered entirely by the employer, according to a proposed amendment to the Romanian law on adoptions.

Romania’s B’estfest Nominated At European Festival Awards

16:34, 03 Dec. 2009
Romanian B'estfest festival has been nominated for Best Medium Festival at the European Festival Awards, along Creamfields (UK), Rock En Seine (France), Spirit of Burgas (Bulgaria), Provinssirock (Finland), Montreux Jazz Festival (Switzerland), Melt! Festival (Germany).

Romanian Businessman Dinu Patriciu Countersues Incumbent President Traian Basescu

15:22, 03 Dec. 2009
Romanian businessman Dinu Patriciu sued Thursday incumbent President Traian Basescu, asking the Bucharest District 1 Court to impose the payment of EUR1 in damages to Basescu, in a trial set to start on May 4, 2010.

Romania Registers 3,551 AH1N1 Infections, Six Deaths

13:52, 03 Dec. 2009
Romania has registered 124 new infections with the AH1N1 flu virus over the past 24 hours, taking the total number of cases to 3,551, and six people with the illness have died, the Health Ministry said Thursday.

Romanian Wanted In Investment Fund Collapse Case Arrested In Jakarta

11:55, 03 Dec. 2009
Romanian Nicolae Popa was arrested on December 2 by the authorities in Jakarta, Indonesia, after in 2006 he was sentenced to 15 years in prison by the Bucharest Court on charges of fraud and the court’s ruling remained definitive in 2009.

Romania 3Q Revised GDP Dn 0.6% QQ, Dn 7.1% YY

10:37, 03 Dec. 2009
Romania’s gross domestic product shrank by a seasonally adjusted 0.6% in the third quarter compared with the previous quarter, amounting to 120.4 billion lei (EUR1=RON4.2496), according to revised data released Thursday by the country's statistics institute INS.

Over 50% Of Romanian Townspeople To Spend Less For ’09 Winter Holidays – Survey

10:27, 03 Dec. 2009
Over 50% of Romanians living in urban areas are set to spend less for this year’s winter holidays, compared with 2008, citing the economic crisis which affected their budget, according to the most recent survey by Mednet Marketing Research Center.

Two Romanian Football Teams Missed Qualification For Europa League’s Last 32

09:19, 03 Dec. 2009
Romanian football teams Steaua Bucharest and FC Timisoara Wednesday missed qualification for Europa League’s last 32 after both teams were defeated in the fifth stage of Europa League groups.

Expertise Shows Footage Of President Basescu Allegedly Striking A Child Is Fake

20:08, 02 Dec. 2009
Romanian president Traian Basescu said Wednesday that according to the analysis performed by the National Institute of Forensics the recording made four years ago, where he allegedly strikes a child, is not authentic, nor an accurate copy of an authentic recording.

Romanian Criminal Expertise Institute Sent Video Analysis Result To President

19:18, 02 Dec. 2009
The Romanian National Criminal Expertise Institute announced Wednesday that it has sent the Presidential Administration the results of its analysis on the video of incumbent President Traian Basescu at a political rally in 2004.

Romanian President Basescu Sues Businessman Dinu Patriciu

16:24, 02 Dec. 2009
Romanian President Traian Basescu has sued businessman Dinu Patriciu and Best Media SRL, the company which publishes daily newspaper Gardianul, demanding 1 leu (EUR1=RON4.2496) in damages, with hearings scheduled to begin on April 21, 2010.

Romanian Interim Interior Min Delegates All Attributions Following Court Ruling

16:12, 02 Dec. 2009
Romania’s interim Interior Minister Vasile Blaga delegated all his attributions at the Interior Ministry, and secretary of state Mihai Capra will be in charge with the organization of the presidential election runoff set for December 6.

4G Technology To Help Operators Up Mobile Data Traffic, Cut Costs

14:58, 02 Dec. 2009
The introduction of the fourth generation (4G) communication technology will allow operators to deal with the increase of mobile data traffic in the following years and reduce operating costs, mobile phone supplier Nokia Siemens Networks Romania general manager Dragos Chivu said.

Romanian Leu Extends Gains Vs Euro, Exch Rate Hits 2-Mo High At RON4.2496

14:00, 02 Dec. 2009
Romanian leu widened its gains against the euro in mid trade amid growing hard currency sales from foreign players, with the central bank’s reference touching a two-month high at RON4.2486 per euro.

Hundreds Of Romanians Rally Against Communism In Capital, Other Cities

19:59, 01 Dec. 2009
Hundreds of Romanians gathered in capital city Bucharest and other major cities across the country to protest against communism on the country’s National Day and ahead of a presidential election runoff between incumbent Traian Basescu and social democrat Mircea Geoana.

Romania’s EUR100M Debt To Highway Constructor Bechtel To Be Paid In January – Acting Transports Min

17:33, 01 Dec. 2009
Romania still has a debt of EUR100 million to Bechtel, the company building the Transylvania Highway, which will be paid in January 2010, acting Transports Minister Radu Berceanu said Tuesday.

Romanian Acting Prime Minister Emil Boc Opens First 42 Km Of Transylvania Highway

15:41, 01 Dec. 2009
Romanian acting Prime Minister Emil Boc Tuesday opened the first 42 km of the Transylvania Highway, the 2B Turda-Gilau segment, cutting the ribbon together with acting Transports Minister Radu Berceanu and officials of Bechtel, the company building the highway.

Romanian Timisoara Mayor Pledges To Back Social Democrat Presidential Candidate

15:19, 01 Dec. 2009
Romanian social democrat leader Mircea Geoana, liberal leader Crin Antonescu, Sibiu Mayor Klaus Johannis and Timisoara Mayor Gheorghe Ciuhandu signed Tuesday the “Partnership for Timisoara” agreement, whereby Ciuhandu pledged to back Geoana in the presidential elections runoff.

Celebrations Held In Several Romanian Cities On National Holiday

12:48, 01 Dec. 2009
Festivities were held in many Romanian cities on December 1, the country’s national holiday, which celebrates the 1918 union of Transylvania with the Kingdom of Romania.

Parties To Negotiate Distribution, Number Of Ministries – Romanian Sibiu Mayor

20:55, 30 Nov. 2009
Romanian Sibiu mayor Klaus Johannis said Monday, after a meeting with the social democrat and liberal leaders who back him for prime minister, that in his future Government ministries will be taken up by parties that will hold majority.

Romanian President Requests Criminal Expertise Institute To Analyze Authenticity Of 2004 Rally Video

20:06, 30 Nov. 2009
Romanian President Traian Basescu asked the National Criminal Expertise Institute for a professional opinion on whether the video of him allegedly hitting a child has been altered.

Romanian Leu Extends Gains Vs Euro, Ends Below 4.27 Units

20:00, 30 Nov. 2009
Romanian leu closed higher against the euro Monday, unlike currencies in the region, which lost their earlier gains and ended 0.1%-0.3% weaker on the day.

Romanian Rompetrol To Cut Pump Prices By RON0.03/Liter

19:53, 30 Nov. 2009
Romania’s second-largest oil group Rompetrol, owned by Kazakhstan's KazMunayGaz, will cut Tuesday its gasoline and diesel oil prices by 0.03 lei (EUR1= RON4.2738) per liter, after reducing Monday only the gasoline prices.

Somali Pirates Capture Greek Cargo Ship, Romanian On Board

15:12, 30 Nov. 2009
Somali pirates hijacked a Greek cargo ship in the Indian Ocean on Sunday with 28 crew members on board, including one Romanian, whose nationality was confirmed by the Romanian Foreign Ministry Monday.

AH1N1 Flu In Romania: 82 New Infections, 3,194 Total Cases

13:56, 30 Nov. 2009
The Romanian Health Ministry Friday confirmed 82 new infections with the AH1N1 virus in the last 24 hours, bringing the total number of cases to 3,194.

Romanian Union Leader: Banning Pay Raises 6 Mos Before Elections Is Absurd

12:31, 30 Nov. 2009
Romania’s national union confederation "Cartel Alfa" leader Bogdan Hossu on Monday said the government's proposition to ban wage hikes six months before elections is simply absurd and sheer populist measure, considering pay raises are planned by calendar and cannot be conditioned by elections.

Romania Sibiu Mayor Wants Four-Six Months As Mayor, PM Choice Interval

11:11, 30 Nov. 2009
Romanian Sibiu mayor Klaus Johannis said he wants four – six months to choose between the position of prime minister and that of mayor, adding this is one of his conditions in the decision to accept or decline his nomination as prime minister.

Romania’s Econ Outlook Seen Negative During Nov-Jan – INS

10:40, 30 Nov. 2009
Romanian managers see a moderate decrease in the service and retail sectors, a fall in the industrial sector and a sharp drop in the constructions sector between November and January, compared with previous months, the National Institute for Statistics said Monday.

Minor Quakes Registered In Black Sea, Bulgaria Monday Morning

10:26, 30 Nov. 2009
The Romanian National Institute for Erath Physics (INFP) said two earthquakeswere resitered in the Black Sea Monday morning, one of them reaching a magnitude of 4.4 degrees on the Richter scale, and a third quake occurred in Bulgaria.

Romania Sibiu Mayor Johannis Says Accepted To Be Designated PM

10:06, 30 Nov. 2009
Klaus Johannis, mayor of the central Romanian city of Sibiu, said Monday morning he accepted presidential contender Mircea Geoana’s proposition to have him nominated prime minister, adding he would come to Bucharest Monday for talks with Geoana and liberal leader Crin Antonescu.