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Romania Jan-Oct FDI More Than Halves To EUR3.72B

12:32, 11 Dec. 2009
Romanian foreign direct investment, or FDI, more than halved in the first ten months to EUR3.72 billion compared with EUR7.66 billion in the same period the year earlier, the central bank said Friday.

Romania Nov New Car Registrations Up 11% Vs Oct To 8,500 Units

12:30, 11 Dec. 2009
Romanian new car registrations rose 11% on the month to 8,490 vehicles in November, but were down 38% compared with the same month of 2008, Interior Ministry data showed Monday.

Romania’s Petrom Cuts Pump Prices By RON0.05/Liter

12:28, 11 Dec. 2009
Romania’s largest oil company Petrom (SNP.RO) cut Friday its gasoline and diesel oil pump prices by 0.05 lei (EUR1=RON4.2347) per liter, following the decrease of international quotations for crude oil products.

Romanian Democrat Liberals Stick To Choice Of Right-Winged Govt

12:25, 11 Dec. 2009
Romanian democrat liberal leader and caretaker Prime Minister Emil Boc said Friday the political majority needed to form the country’s future government must include either democrat liberals, liberals and the Hungarian minority party or democrat liberals and the Hungarian minority.

Romania’s Nov CPI + 0.67% MM, Annual Inflation At 4.65%

10:36, 11 Dec. 2009
Romania's consumer price index rose by 67 basis points on the month in November, driven mainly by higher tobacco and fuel prices, while the annual inflation widened to 4.65%, ending an eight-month deceleration period, the National Statistics Institute said Friday.

Pollution Tax For One Romanian Dacia Logan Reaches EUR774

16:55, 10 Dec. 2009
The lowest amount to be paid as pollution tax upon the purchase of a new Dacia Logan in Romania will be EUR363 and the highest amount will reach EUR774, starting January 1, 2010, when owners of Euro 4 cars start paying the pollution tax.

Romanian President’s Spokesman Denies Sex Tape Allegations

16:11, 10 Dec. 2009
Romanian President Traian Basescu’s election campaign spokesman Sever Voinescu said Thursday Basescu’s campaign staff never had a tape like the one mentioned by Spanish newspaper La Vanguardia.

Romanian Intellectual Claims President Basescu Was Offered Sex Tape Of Rival Geoana

15:43, 10 Dec. 2009
Romanian writer Horia Roman Patapievici, head of the Romanian Cultural Institute, said in an interview published Sunday by Spanish daily La Vanguardia that he knows for sure Romanian President Traian Basescu was offered a tape of social democrat rival Mircea Geoana receiving oral sex.

Romanian Law Placing Trade Registry Under Chambers Of Commerce Authority Ruled Unconstitutional

14:57, 10 Dec. 2009
The Romanian Constitutional Court ruled Thursday that the Law placing the Trade Registry under the authority of Chambers of Commerce is unconstitutional.

Romanian Troops Could Receive Their Overdue Bonuses For May, June

14:22, 10 Dec. 2009
Romanian troops could receive their overdue bonuses for May and June, since the Ministry of Defense’s budget was increased by 84.6 million lei (EUR1=RON4.2347), including RON79.5 million for staff expenses.

Romanian-German Co iQuest Wins Google Prize For Android Application

14:20, 10 Dec. 2009
Google awarded Romanian-German firm iQuest $100,000 for a software application which will be integrated into the Android operating system, developed by Google for mobile phones.

U.S. Court To Hear Romanian Embezzlement Suspect Necolaiciuc For Extradition In Feb

14:20, 10 Dec. 2009
U.S. authorities, who have custody of Mihai Necolaiciuc, former general manager of the Romanian National Railroad Company CFR whom Romania wants extradited for fraud, said a Florida court will likely set a hearing for February 2010, the Romanian Justice Ministry said Thursday.

Romania Registers 16 Deaths, 4,245 AH1N1 Infections

13:35, 10 Dec. 2009
Romania has registered 16 fatalities so far in patients infected with the AH1N1 virus and 132 new cases of infection were reported within the past 24 hours, taking the total number of infections to 4,245, the Health Ministry said Thursday.

Romanian Jan-Oct Trade Gap Narrows To EUR7.86B

10:05, 10 Dec. 2009
Romania’s trade deficit narrowed in the first ten months to EUR7.86 billion from EUR20.17 billion in the same period the year before, the National Statistics Institute said Thursday.

Romanian Unirea Urziceni Misses Qualification In Champion League’s Last 16

09:33, 10 Dec. 2009
Romanian football team Unirea Urziceni Wednesday evening lost 3-1 the away match with German team VfB Stuttgart and missed qualification in the Champions League’s last sixteen, but will play in the last 32 of the Europa League.

Romanian Govt Decides To Sell 2,338 ANL Houses To Tenants

20:32, 09 Dec. 2009
The Romanian Government announced Wednesday it will change the status of 2,338 more houses rented by young people for more than three years through the National Housing Agency (ANL) in order to sell them to the tenants.

Romanian Liberals Refuse Democrat Liberal Leader’s Invitation To Talks On Parliament Majority

19:53, 09 Dec. 2009
Romanian liberals said Wednesday that in the absence of a Constitutional Court ruling on the validity of the presidential election's outcome and as long as the country has a prime minister-designate, no talks on forming a parliament majority can be held, as democrat liberals requested.

Draft Budget For 2010 To Be Presented To Future Govt For Completion – Romanian Fin Min

19:04, 09 Dec. 2009
The draft budget for 2010 is 95% finished and will be presented to the future Government for completion according to the public policies of the government program, Romanian acting Finance Minister Gheorghe Pogea told MEDIAFAX Wednesday.

Romanian Election Data Centralized, Incumbent President Reelected

18:38, 09 Dec. 2009
The Romanian Central Electoral Bureau (BEC) Wednesday evening completed centralizing data on Sunday’s presidential elections, showing Traian Basescu as the winner, with 5,275,808 votes.

Romania To Guarantee Transgaz’s EUR417M Contribution To Nabucco

18:22, 09 Dec. 2009
Romanian gas pipeline operator Transgaz Medias’s (TGN.RO) contribution to the Nabucco project, amounting to EUR417 million, will be guaranteed by the state, according to a draft executive decision approved Wednesday.

Romanian Women’s Handball Team Wins Against Tunisia In World Championship

18:09, 09 Dec. 2009
Romania’s national women’s handball team won Wednesday against Tunisia, 39-22 (23-10), the fourth win in the preliminary C group of the World Championship taking place in China.

Romanian Liberals Refuse To Govern Along Democrats In „Puppet” Govt – Liberal Leader

16:58, 09 Dec. 2009
Romanian liberal leader Crin Antonescu said Wednesday after a meeting of the party’s Central Standing Office liberals decided they will not be part of President Traian Basescu’s “puppet government”.

Romanian Dacia Car Factory To Produce Up To 150,000 Duster Units

16:32, 09 Dec. 2009
The maximum production capacity of Dacia Duster is 150,000 units in Romania, while the factories in Brazil and Russia will be able to supply up to 100,000 and 80,000 cars, respectively, Renault Entry program director Gerard Detourbet said Wednesday.

Romanian Social Democrats Submit Evidence To Back Their Election Rigging Claim

16:31, 09 Dec. 2009
Romania’s Social Democratic Party sent to the Constitutional Court the evidence regarding alleged irregularities during presidential elections, people close to the matter said Wednesday.

Romanian Flamingo Files For Bankruptcy After ING Starts Foreclosure

16:12, 09 Dec. 2009
Romanian IT&C, white and brown goods retailer Flamingo International (FLA.RO) filed for bankruptcy after ING Bank started Wednesday the foreclosure of certain inventories of the company.

Online Auction On Autographed Nadia Comaneci Doll To Be Held Thursday

15:52, 09 Dec. 2009
An online auction on a doll made in the likeness of Romanian former gymnast Nadia Comaneci will be held Thursday, to raise funds for gymnastics clubs throughout the country, according to a statement issued Wednesday to MEDIAFAX.

Romania Asks Indonesia To Extradite Romanian Fraud Convict

15:52, 09 Dec. 2009
Romania’s Justice Ministry said it sent Indonesian authorities Wednesday a request to extradite Romanian national Nicolae Popa, arrested on December 2 by Jakarta police.

Romanian Democrat Liberals Say There Is Zero Chance Election Will Be Cancelled

15:45, 09 Dec. 2009
Romanian democrat liberals consider there is zero chance the Constitutional Court will decide to cancel the election that brought incumbent President Traian Basescu a new five-year term and dismiss social democrats’ rigging claims as desperate, party vice-president Adriean Videanu said Wednesday.

Romanian President Calls For Reconciliation Among Politicians

15:33, 09 Dec. 2009
Romanian President Traian Basescu Wednesday called on politicians to reconcile and consider the country’s priorities, adding the election campaign is over.

Romania’s Central Electoral Bureau Rejects Social Democrats’ Vote Recount Claims

15:27, 09 Dec. 2009
The Central Electoral Bureau rejected as groundless Wednesday the request of the Romanian Social Democratic Party to recount votes in polling stations where alleged irregularities occurred during presidential election, adding social democrats didn't say extacly which polling stations were concerned.

Worst May Be Still To Come For Romanian Banks – Ctrl Bker

15:03, 09 Dec. 2009
Romanian lenders must wait at least another year to breathe easily, as the worst part of the crisis is yet to come, according to central bank’s head of supervision division Nicolae Cinteza.

Romanian Liberal Leader Disclaims Resignation Rumor, Rejects Alliance With Democrats

14:59, 09 Dec. 2009
Romanian liberal leader Crin Antonescu said Wednesday, before the meeting of the party’s Central Standing Office, he will not resign from the headership of the party and liberals will not govern along democrat liberals, adding the prime minister position should not be offered, but gained.

Romanian Democrat Liberal Leader Boc Invited Liberals To Talks On Govt

14:28, 09 Dec. 2009
Romanian Democratic Liberal Party leader Emil Boc sent the Liberal Party a written invitation to begin talks on forming a majority and a Cabinet, democart liberal vice-president Adriean Videanu said Wednesday.

Romania Real Jobless Rate Higher Due To Voluntary Layoffs – Consultant

14:21, 09 Dec. 2009
Romania’s unemployment rate is higher than the official 7.5% because it doesn’t include voluntary layoffs and many local companies resort to this method instead of firing people, because it is a less time-consuming process, said Wednesday Raluca Parvu, senior consultant with BPI Romania.

Only Half Of Romanian Cos Grant Christmas Bonuses In ’09 – Poll

13:52, 09 Dec. 2009
Some half of Romanian companies will not be giving Christmas bonuses to employees this year, while last year 93.5% of companies gave the bonus.

Romania Sept Arrears Down To RON1.34B, Still Exceed IMF Criteria

13:32, 09 Dec. 2009
Romania’s arrears decreased by 205 million lei (EUR1=RON4.2373) to RON1.338 billion in the June-September period, Finance Ministry state secretary Gheorghe Gherghina told MEDIAFAX Wednesday.

Romanian Police Check Nearly Ten Thousand Alleged Multiple Voting Cases In June EP Election

12:35, 09 Dec. 2009
Romanian police said it is checking data regarding 9,959 alleged multiple voting cases in the European Parliament election held in June, which it has just received Tuesday from the country’s Standing Electoral Authority.

Romanian Banks Could Book Lower Provisions For Rescheduled Loans

12:32, 09 Dec. 2009
Romanian lenders might be motivated to refinance or reschedule loans for which they could book lower provisions, if the central bank approves a proposition of the local banking association ARB to change the classification of loans and provisioning regulations.

Romania Extends Swine Flu Vaccination Campaign To Patients With Chronic Illnesses

12:22, 09 Dec. 2009
Romania has extended its swine flu vaccination campaign to people suffering from chronic illnesses because all the AH1N1-related deaths in the country occurred in patients with such illnesses, Health Ministry state secretary Adrian Streinu Cercel said Wednesday.

Romania Central Bank Jan-Oct State Dues At RON1B – Bk Chief

10:43, 09 Dec. 2009
Romanian central bank paid dues to the state budget worth nearly 1 billion lei (EUR1=RON4.2249) in January-October period, amounting to 80% of the lender’s profit, governor Mugur Isarescu said Tuesday.