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Romanian Leu Seen Falling On Uneven Wage In Public, Pvt Sectors – ING

14:23, 07 Sept. 2009
The Romanian leu is likely to lose ground against the foreign currencies in the coming months, pressured by discrepancies between wage in the public and private sectors, ING Bank said in a report Monday.

Proprietatea Fund’s Hldrs OK Franklin Templeton Manager Contract – Sources

14:15, 07 Sept. 2009
The stockholders of investment fund Fondul Proprietatea approved Monday the offer and management contract of U.S. Franklin Templeton Investments, people attending the shareholders meeting said.

Romanian Govt To Upgrade 10,000 Km Of County Roads

13:59, 07 Sept. 2009
The leaders of the Romanian government coalition discussed Monday a memorandum on the upgrade of 10,000 kilometers of county roads, democrat liberal vice president Gheorghe Flutur said after the meeting.

Romania’s AVAS Mulls Two-Year Extension For Cos To Meet Privatization Obligations

13:24, 07 Sept. 2009
Romania’s privatization authority AVAS might give a two-year extension for the meeting of obligations undertaken upon privatization to companies that received state aid and have to complete restructuring programs and investments, according to a draft emergency ordinance.

Romania Late Payments On Loans Topping RON20,000M Up 4.45% In July

13:15, 07 Sept. 2009
Romanian overdue payments for loans worth at least 20,000 lei (EUR1-RON4.2434) amounted to RON6.076 billion end July, up 4.45% on the month, central bank data showed Monday.

Romanians Injured In Afghanistan In Stable Condition – Defense Ministry

12:12, 07 Sept. 2009
The two Romanian soldiers injured Friday night in Afghanistan were taken to the Regional Medical Center in Ramstein, Germany, said the Romanian Defense Ministry, adding their condition is stable.

Romanian Opera Star Angela Gheorghiu To Perform In Bucharest On Sept 19

11:54, 07 Sept. 2009
World renowned Romanian soprano Angela Gheorghiu will return to Romania for an open-air performance in Bucharest’s Constitution Square, on September 19, alongside young Romanian tenor Vlad Mirita, under the guidance of the Philharmonic Orchestra, according to the artist’s official website.

Romania Ruling Coalition To Assume Resp For Education, Public Spending, Unitary Pay Laws Sept 15

11:41, 07 Sept. 2009
Romanian democrat liberal leader Gheorghe Flutur said Monday the country’s ruling coalition decide the Government will take responsibility before Parliament on September 15 for the laws on education, unitary pay and spending cuts in the public sector.

Romania Securities, Insurance, Pvt Pension Regulators, Ctrl Bk Not Targeted By Unitary Pay Law

11:11, 07 Sept. 2009
The Romanian government decided the unitary law regulating wages across the public sector would not be applied to the employees of the central bank, the securities watchdog, the insurance regulator and the private pension watchdog.

Romania To Save Over RON950M In 2009 Following Spending Cut Law

10:39, 07 Sept. 2009
The Romanian government estimates to save an immediate 950 million lei (EUR1=RON4.2436) with the application of the law of measures cutting spending in the public sector, which it plans to enact by assuming responsibility before Parliament.

Public Sector Employees To Take Days Off Without Pay Btw October-December ’09

10:10, 07 Sept. 2009
The Romanian Government postponed the enforcement of the measure to cut wage spending by 15.5% by making public sector employees take days off without pay in the interval October-December 2009, a month later than initially decided.

Bucharest HQ Of Hungarian Minority Party Broken Into

14:55, 06 Sept. 2009
The Bucharest headquarters of Romania’s Hungarian minority party UDMR was broken into Saturday night and police on Sunday morning found the party’s offices in disorder, but could not say whether anything had been stolen.

Romania Sends Unitary Pay Law To IMF, WB For Consultations

13:07, 06 Sept. 2009
The Romanian government sent the draft unitary pay law to the International Monetary Fund and the World Bank for consultation and Prime Minister Emil Boc and cabinet members will have a final talk on Sunday on all the laws for which the government will take responsibility before Parliament.

France Draws 1-1 With Romania In World Cup Qualifier

12:49, 06 Sept. 2009
Romania was given a 1-1 draw Saturday evening with France in the World Cup qualifiers, as France defender Julien Escude scored an own-goal, and the country dropped more points and has no chance of being the first in group 7.

Romanian Govt Sends Draft Laws It Wants Adopted To Parliament Monday

19:36, 05 Sept. 2009
The draft laws the Romanian government wants to adopt by assuming will be sent to Parliament Monday morning, Prime Minister Emil Boc and the ministers of labor, education and justice decided in a talk Saturday.

Romanian Ambulance Services To Protest Countrywide Wednesday Over Unitary Pay Law

14:59, 05 Sept. 2009
Romanian ambulance services across the country will trigger nationwide protests Wednesday morning, as unionists are displeased with how the draft law regulating wages across the public sector was negotiated, the Executive Office of the National Ambulance Union Federation said Saturday.

Two Romanian Soldiers Injured In Afghanistan

13:06, 05 Sept. 2009
Two Romanian soldiers were injured Friday night during an insurgent attack on their military base, 60 kilometers northeast of Qualat, Afghanistan, official sources said Saturday.

The Unitary Wage Law Has Been Finalized – Romanian Fin Min

20:57, 04 Sept. 2009
Romanian Finance Minister Gheorghe Pogea said Friday, after talks at the Labor Ministry, that the unitary wage law in the public sector has been finalized and that he is confident this law will solve many of the problems that were discussed during negotiations.

Unionists To Protest If Romanian Govt Assumes Responsibility For Current Wage Draft Law

20:55, 04 Sept. 2009
Unionists will start protests if the Romanian Government assumes responsibility before Parliament for the current unitary wage draft law, which is not ready despite latest amendments, said "Sed Lex" union head, Vasile Marica.

Romanian Rompetrol Cuts Diesel Oil Price For 2nd Time This Week

19:01, 04 Sept. 2009
Romania’s second-largest oil group Rompetrol, owned by Kazakhstan's KazMunayGaz, will cut Saturday its diesel oil prices by 0.04 lei (EUR1=RON4.2436) per liter, for the second time in just two days.

Romania Beef Consumption At 10% Of Total Meat Consumption, Well Below EU Avg

15:58, 04 Sept. 2009
Beef accounts for only 10% of Romanians’ total meat consumption, compared to an EU average of 40%, and Romanians only ate 2.6 kilograms of beef per capita in the first five months of the year, according to data of the Ministry of Agriculture.

Romania Gets Advisory For Cold Weather, Rain, Storms During Weekend

14:02, 04 Sept. 2009
Romanian meteorologists on Friday issued a yellow code warning for 39 out of 41 Romanian counties and capital Bucharest for cold weather come Friday night, expecting rain, hail and storms during the weekend.

Romania’s July Net Salary Up 0.8% M-M To RON1,390

10:01, 04 Sept. 2009
Romania’s net average salary was at 1,390 lei (EUR1=RON4.2442) in July, up 0.8% compared with RON1,379 in the previous month, the National Institute for Statistics said Friday.

Romanian Liberal Presidential Candidate Denies Recruitment Of Prince Radu

18:43, 03 Sept. 2009
Romanian liberal head and presidential hopeful Crin Antonescu told MEDIAFAX Thursday that former presidential candidate Prince Radu has not joined his camp, adding there have not been any talks to this end and he regrets Prince Radu’s withdrawal from the race.

Romanian Private Radio, TV To Grant Free Airtime To Presidential Candidates

15:30, 03 Sept. 2009
Romanian private television and radio stations are obligated by law to grant free airtime to the candidates in the November presidential election, similar to airtime provided by public radio and TV, according to a Government Emergency Ordinance amending the presidential elections law.

Romanian Parliament To Set Responsibility Assumption Calendar Monday

14:21, 03 Sept. 2009
The Romanian Government’s letter regarding its decision to assume responsibility for three packs of laws reached Parliament and the reunited Standing Offices of the legislative power will meet Monday to set up a calendar for the procedure.

Romania’s Petrom Cuts Diesel Oil Prices 2nd Time This Wk

14:03, 03 Sept. 2009
Romania’s largest oil company Petrom (SNP.RO) cut Thursday its diesel oil pump prices by 0.03 lei (EUR1=RON4.2442) per liter, for the second time this week.

Number Of Tourists Entering Romania In July Dn 10.9% YY

11:28, 03 Sept. 2009
The number of tourists entering Romania was 10.9% lower in July compared with the same month a year before, while the number of tourists accommodated was down 14.9% on the year, the National Statistical Institute, or INS, said Thursday.

Romanian Govt Decides On Ten-Yr Compulsory Educ, Sets Professors’ Retirement Age At 65

10:46, 03 Sept. 2009
Romania's Government decided education will be compulsory for ten years and one year of pre-school, discarding the plan for a 12-year compulsory education plus a pre-school year, initially proposed by education minister Ecaterina Andronescu, official sources told MEDIAFAX.

Romanian Foreign Affairs Min Decided To Attend Dutch Parliament’s Session On Thursday

10:35, 03 Sept. 2009
Romanian minister of foreign affairs decided to participate on Thursday in the session of the Commission for European Affairs in the Dutch Parliament, after a discussion with his Dutch counterpart and after receiving clarifications from Dutch diplomats, the Ministry of Foreign Affairs said.

Romanian Govt To Assume Responsibility On Ed, Unitary Pay, Restructuring Laws –PM

09:45, 03 Sept. 2009
The Romanian Government decided to assume responsibility in Parliament for the three laws on education, unitary pay in the public sector and the reorganization of Government-run agencies for further cuts in public spending, Romanian Prime Minister Emil Boc said Wednesday.

Prince Radu Of Romania Drops Out Presidential Race

19:40, 02 Sept. 2009
Prince Radu Duda of Romania said Wednesday in a press release he will not run for president, saying that the left political wing “lies in presidential pocket”, while the right wing chose to ignore the project set up by the Royal House.

Romanian Pensioners Face 15-Day Deadline In Pension-Wage Choice

18:56, 02 Sept. 2009
Romanian pensioners that are working in the public sector will have to choose between suspending pension while they are still employed and ceasing work, if the pension is higher than the gross average salary.

Romanian Environ Ministry Proposes Car Tax Exemption For The Disabled

16:20, 02 Sept. 2009
Romania’s Environment Ministry proposed further exemptions from car tax payment, as part of anti-crisis measures, which target mobile machinery whose engines comply with pollution norms, and vehicles owned by people with disabilities, even if they do not have driving licenses.

Romanian Education Min Drew Up Final Form Of Education Code

16:18, 02 Sept. 2009
Romanian minister of education Ecaterina Andronescu set up Wednesday with education unions the final form of the education Code that will be presented in a Government meeting.

Romanian Seaside Town Mangalia To Invest EUR4.4M In Amusement Park

15:42, 02 Sept. 2009
The mayoralty in Romanian seaside town Mangalia will begin, by the end of September, the construction of an amusement park between resorts Saturn and Venus, in a project that will cost EUR4.4 million, mayor Claudiu Tusac told MEDIAFAX Wednesday.

Moody’s: Romania Needs Around 40 Yrs To Converge To EU Average

15:42, 02 Sept. 2009
Romania’s convergence to the EU average will spread over a long time, probably around 40 years, given that a more normal long-term growth rate for the country is most likely of 3-4% per year, according to a Moody's report published Wednesday.

Moody’s Sees Romania Inflation At 4.4% In 2009

15:40, 02 Sept. 2009
Moody’s forecasts Romanian inflation will reach 4.4% at the end of 2009, slightly above central bank’s estimation of 4.3%, according to a ratings agency's report released Wednesday.

Romanian PM Not A Partisan Of Political Crisis – Social Democrat Leader

15:13, 02 Sept. 2009
Romanian leader of the Social Democratic Party Mircea Geoana said Wednesday, after a meeting with Prime Minister Emil Boc, the latter does not intend to generate a political crisis.

Romanian Environ Min Proposes 3 For 1 Offer In Car Park Renewal Program

14:53, 02 Sept. 2009
Romania’s Environment Ministry proposed the introduction of vouchers worth 3,800 lei (EUR1=RON4.2372) for scrapping cars that are more than ten years old, and one buyer can use up to three such vouchers to buy a new vehicle, the ministry said Wednesday.