English

Europe’s Socialist Party Has No Say In Romania’s Govt – PM

16:54, 10 Oct. 2009
Romanian Prime Minister Emil Boc said Saturday, after the Party of European Socialists asked acting President Traian Basescu to propose a social democrat for a European Commission portfolio, the Government is not ruled by European socialists and the EC will soon receive the country’s proposition.

Romania’s Social Democratic Party Rejects Retirement Age Increase For Women

16:03, 10 Oct. 2009
Social democrat leader Mircea Geoana said Saturday during a visit in Zalau, northwestern Romania, his party does not agree with increasing retirement age for Romanian women as the latter face tougher life conditions than women elsewhere in the European Union.

Bucharest General Mayor Has “Short” Ruling Plan If Elected President

14:56, 10 Oct. 2009
Independent candidate for the presidential race Bucharest general mayor Sorin Oprescu said Saturday during a visit in Timisoara, western Romania, his ruling plan is “short” and based on honesty and “peaceful” relations between state institutions.

PES Asks Romanian President For Social Democrat Candidate In European Commissioner Negotiations

13:54, 10 Oct. 2009
The Party of European Socialists (PES) asks Romania’s President Traian Basescu to leave aside any political bias and act in the best interest of the country and of Europe by proposing a top social democrat for a European Commission portfolio.

EC Asks Romania For Different Candidates In European Commissioner Negotiations

21:08, 09 Oct. 2009
Romanian MEP social democrat Victor Bostinaru told MEDIAFAX Friday that European Commission president Jose Manuel Barroso officially asked Romanian President Traian Basescu to propose another three people for an EC portfolio.

IMF: Romania ’09 Pvt Lending Annual Growth Revised To -1.7% From +16%

19:28, 09 Oct. 2009
The International Monetary Fund revised down its forecast on Romanian private lending, which is now seen declining roughly by 1.7% on the year in 2009 from a 16.4% growth initially estimated.

Romania’s 2011 Budget Gap Still Above EU Criteria – IMF

19:23, 09 Oct. 2009
The International Monetary Fund revised up its forecast on Romania’s budget deficit for 2011 from 2.7% of the gross domestic product to 4.2% of the GDP, above the maximum ceiling required by the European Union.

IMF: Romania Unable To Curb Local Auth Spending In H1

16:26, 09 Oct. 2009
Romanian authorities were unable to rein in personnel spending with local authorities and self-financed institutions, which grew by up to 20% in the first half compared to the 6% rise in the central government, according to International Monetary Fund data.

Romanian Transport Min Wants An Almost Doubled Budget In ’10

15:34, 09 Oct. 2009
The Romanian Ministry of Transport and Infrastructure wants a budget of 19 billion lei (EUR1=RON4.2776) in 2010, compared to RON11 billion in 2009, said Transport Minister Radu Berceanu.

Romanian Govt Withdraws Up To EUR280M Guarantees From Bks In “First Home” Program

15:29, 09 Oct. 2009
Romania's Government will withdraw 220-280 million euro guarantees from seven banks that approved no loan or very few loans to buy a house via the “First Home” program, redistributing the funds to other lenders, officials said Friday.

Romanian PM: High Pensions Will Still Be Paid Depending On People’ Contributions

15:21, 09 Oct. 2009
Romanian Prime Minister Emil Boc said Friday, following talks with union leaders at the Labor Ministry headquarters, that the country’s new public pension law will not eliminate high pensions if their beneficiaries got them by contributions to the social security budget.

Romanian Transp Min Replaces CFR Calatori, CFR Infrastructura GMs

14:24, 09 Oct. 2009
Romanian Transport Minister Radu Berceanu dismissed Friday the general managers of state-owned passenger railway company CFR Calatori and CFR Infrastructura, naming the deputy general managers as interims.

Romanian Constitutional Court Rules On No-Confidence Motion Legitimacy Monday

12:53, 09 Oct. 2009
Romania’s Constitutional Court will rule Monday on the legitimacy of the opposition submitting a no-confidence motion in Parliament after the rejection of a similar motion, initiated by the same lawmakers, just last month.

Romania Interim Labor Min: Pensions’ Hike In Ratio With Inflation Is Good News For Retirees

12:45, 09 Oct. 2009
Romania’s interim Labor Minister Gheorghe Pogea on Friday said retirees should not be displeased that their pensions will be increased in ratio with the inflation rate, stressing this is to their own benefit, as inflation remains a certainty for many years to come.

Two Workers Died On Highway Construction Site, In NW Romania

10:49, 09 Oct. 2009
Two workers died Friday morning on the construction site of Romania's Transylvania Highway, in northwestern Cluj county, after they fell from height.

Romanian Unions Agree With RON705 Minimum Wage For 2010

19:06, 08 Oct. 2009
The Romanian unions agree with a minimum wage of 705 lei (EUR1=RON 4.2766) for 2010 but only if the collective labor contract is observed, namely the minimum wage reached RON1,300 in 2014, while employers say they will analyze the matter and ask the Government for tax deductions.

Romania’s Constitutional Court Rules Data Storage Law Unconstitutional

16:33, 08 Oct. 2009
Romania's Constitutional Court Thursday ruled unconstitutional a controversial law compelling telecom operators to store data on people’s calls, emails and short messages and provide them to investigators on request.

Half Of Romanians Unhappy With Education Sys – Poll

16:16, 08 Oct. 2009
Half of Romanians are unhappy with the country’s education system, about 40% are neutral and only 13% said they are satisfied with the way things are, according to a poll conducted by market research company GfK Romania.

President Says Romania Assumes Its Past At Holocaust Memorial’s Inauguration

15:27, 08 Oct. 2009
Romania’s President Traian Basescu said Thursday, during the inauguration of the holocaust’s victims Memorial, the country assumes its past and is determined to bring to light its real history.

EC Scolds 21 EU Members Over Failed Railway Reforms

15:18, 08 Oct. 2009
The European Commission sent Thursday letters to 21 member states, Romania included, regarding their failure to open the railway transport markets and provide an adequate competition environment.

EC Brings Romania To ECJ Over Failed Wild Bird Protection Measures

15:01, 08 Oct. 2009
The European Commission decided Thursday to bring Romania before the European Court of Justice for failing, on countless occasions, to provide adequate protection for wild birds, because an insufficient number of protection areas were designated since accession.

Romanian-Born German Writer Herta Muller Gets 2009 Nobel Prize For Literature

14:37, 08 Oct. 2009
The 2009 Nobel Prize for literature will be awarded to Romanian-born German writer Herta Muller, the Nobel committee announced Thursday on the prestigious prizes’ website, nobelprize.org.

Mugur Isarescu Reappointed Romania’s Ctrl Bk Governor

14:34, 08 Oct. 2009
Romanian parliament on Thursday reappointed central bank governor Mugur Isarescu for a new five-year term in office.

Romania Ctrl Bk Makes Euro Adoption Top Priority – Governor

14:21, 08 Oct. 2009
Romanian central bank’s main objective is to join the eurozone in 2014-2015, governor Mugur Isarescu said ahead of a parliament vote on the bank’s new Board structure Thursday.

IMF Publishes Romania’s Additional Letter Of Intent To EUR13B Loan

12:53, 08 Oct. 2009
The International Monetary Fund on Wednesday made public the additional letter of intent of the Romanian Government to the EUR12.95 billion two-year standby agreement the eastern European country secured in spring.

Romanian Petrom Hikes Fuel Prices By RON0.03 Per Liter

12:37, 08 Oct. 2009
Romania’s largest oil company Petrom SA (SNP.RO) Thursday rose its gasoline and diesel oil prices by 0.03 lei (EUR1=RON4.2673) per liter, on higher international crude oil quotations, the company said in a statement.

Unirii Area Has Bucharest’s Most Expensive Old Flats – MagazinulDeCase.ro

12:23, 08 Oct. 2009
The most expensive old flats in Romania’s capital city Bucharest, according to the average trading price per square meter, are located in Unirea, Cotroceni and Victoria areas, according to a survey by MagazinulDeCase.ro which did not include Herastrau, Primaverii, Casin and Ferentari neighborhoods.

Romanian PM Says Govt’s Pension Bill Helps Save EUR800M Annually

12:07, 08 Oct. 2009
Romanian Prime Minister Emil Boc said Thursday the recalculation of special pensions would translate into savings of EUR500 to 800 million annually, adding social democrats and liberals, who oppose the government’s pension bill are depriving the state budget of this money.

Romanian PM Calls On Unions To Halt Protests Until After Presidential Elections

11:58, 08 Oct. 2009
Romanian Prime Minister Emil Boc on Thursday urged unionists in the public sector to act responsibly in the fallout of the upcoming election campaign and suspend protests until after the presidential elections due on November 22 and December 6.

Romanian Democrat Liberals Leave Parliament Meeting On No-Confidence Motion

11:26, 08 Oct. 2009
Romania’s democrat liberal lawmakers left Thursday the plenary Parliament meeting for the reading of the opposition’s no-confidence motion seeking to overthrow the democrat liberal minority government less than two months before presidential elections due on November 22.

Romania’s Govt OKs Bucharest International Airports Merger

20:48, 07 Oct. 2009
Romania’s Government approved Wednesday the merger of Bucharest's Otopeni Henri Coanda and Baneasa Aurel Vlaicu international airports in order to set up the National Airport Company, people close to the matter told MEDIAFAX.

Automated Check-In Process At Romanian Airport Otopeni Was Resumed

19:23, 07 Oct. 2009
The automated check-in process at the Romanian Airport Otopeni was resumed after the problems that were affecting the international aeronautic telecommunication system were solved, spokesperson of the airport Valentin Iordache said Wednesday.

Coca-Cola HBC Opens Cogeneration Pwr Plant In S Romania

16:30, 07 Oct. 2009
Coca-Cola Hellenic Bottling Company (HBC) announced Wednesday the inauguration of a combined heat and electricity plant in southern Romanian city of Ploiesti, the first out of 15 such cogeneration units that are to be built in the company's bottling facilities.

Air France Plane Emergency Lands In Romanian Airport After Passenger Dies

15:50, 07 Oct. 2009
An Air France Boeing 777 made an emergency landing on Romanian Airport Henri Coanda Tuesday night after an 85 year-old passenger died of a heart attack, airport spokesman Valentin Iordache said Wednesday.

Thousands Of Romanian Public Sector Workers Rallied Outside Govt Wednesday

15:46, 07 Oct. 2009
About 12,000 public sector workers from all over the country rallied Wednesday outside the Romanian government demanding country leaders do something to ensure their higher pay, job stability and decent pensions.

Romanian Constitutional Court Overrides Decentralized Institution Management Law

15:20, 07 Oct. 2009
Romania's Constitutional Court Wednesday dubbed unconstitutional, with a majority of votes, the law approving Government Emergency Ordinance 37/2009, enacted on June 23, which enabled the political appointment of people at the helms of the country's decentralized state institutions.

Romanian Social Democrats Vote To Overthrow Fmr Coalition Partners’ Govt Next Week

14:47, 07 Oct. 2009
Romania’s Social Democratic Party leader, Mircea Geoana, whose party left the governing coalition last week, said Wednesday social democrats will back the liberals and Hungarian minority party’s no-confidence motion next Tuesday.

Romanian Parl Moves Govt’s Conf Vote Request For Wed But Sets No-Confidence Motion Vote For Tues

14:06, 07 Oct. 2009
Romania’s Parliament postponed for next Wednesday a decision on the government’s request for a confidence vote to enact an IMF-required pension law, but a vote on a no-confidence motion seeking to overthrow the government was set for Tuesday, people close to the matter told MEDIAFAX Wednesday.

Romania 2Q GDP Sees 6th Largest Annual Decline In EU

14:05, 07 Oct. 2009
Romania recorded the sixth biggest quarterly economic fall in the European Union in the April-June period, while the EU's average GDP fell 4.9% year-on-year, according to revised data released Wednesday.

Romania Transplant Auth Urges Health Min To Scarp Ban On Assisted Human Reproduction

13:59, 07 Oct. 2009
Romania’s National Transplant Agency (ANT) on Wednesday proposed the country’s Health Ministry to amend the order recently issued by former Health Minister Ion Bazac that bans paid in-vitro fertilization and artificial insemination procedures.