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Romanians Refusing Job, Training May Lose Social Benefits – Draft

16:37, 17 Mart. 2011
Welfare recipients, who turn down a job and refuse to take part in professional training classes or other programs designed to stimulate employment, may lose their benefits, according to the draft law on social assistance in Romania.

Romanian Employers Must Create Personal File For Each Employee – Draft

16:07, 17 Mart. 2011
Employers will have to create files for each of their employees and provide copies of the documents within 15 days of the worker's request, says a draft decision of the Romanian Government regarding the general employee registry.

Petrom: Romania Should Free Gas Market For Companies First, Protect Households

14:03, 17 Mart. 2011
Romanian oil company OMV Petrom (SNP.RO) proposes the allocation of only locally made natural gas to household consumers, coupled with the liberalization of gas prices for industrial consumers.

Romania 6-Mo Economic Outlook Improves In March – Survey

13:49, 17 Mart. 2011
Romanian economic outlook for the next six months improved in March, propelling the country to the third spot among the best business destinations in Central and Eastern Europe, a ZEW/Erste survey showed Thursday.

Romania Leu Exch Rate Hits Fresh 9-1/2 Month High At 4.1788 Vs Euro

13:37, 17 Mart. 2011
Romania’s leu recovered early losses against the euro in mid trade Thursday and the central bank’s reference firmed to a new nine and a half months high at 4.1788 units.

Romania Apartment Rents Fall 12% In 6 Months On Higher Supply

13:26, 17 Mart. 2011
Apartment rents in Romania fell by up to 12% in March compared with September as owners preferred to rent out dwellings rather than sell them, according to a survey of property website imobiliare.ro.

Mohammad Munaf Sentenced In Romania For Terrorism Wanted By Interpol

12:29, 17 Mart. 2011
Interpol issued an international wanted person notice for Iraqi-American citizen Mohammad Munaf, sentenced to ten years in prison by a Romanian court in 2008 for his role in the kidnapping of three Romanian journalists, the Romanian Justice Ministry said Thursday.

Romanian Opposition Challenges Labor Code At Constitutional Court

11:46, 17 Mart. 2011
Romania’s opposition Social Liberal Union on Thursday challenged the constitutionality of the country’s new Labor Code, adopted Wednesday as the Government survived a vote of no-confidence in Parliament.

Romanian Govt Survives No-Confidence Motion, New Labor Code Adopted

06:51, 17 Mart. 2011
Romania's Government on Wednesday survived a motion of no-confidence filed by the opposition, which failed to acquire the necessary votes, meaning the amended Labor Code is closer to becoming law.

Romania’s Petrom To Cut Gas Prices By RON0.04/Liter

19:53, 16 Mart. 2011
Romania’s largest oil company OMV Petrom (SNP.RO) will cut Thursday its gasoline prices by 0.04 lei (EUR1=RON4.1816) per liter.

Romania OKs Six Bids For Petrom Sale Brokerage – Sources

18:08, 16 Mart. 2011
The technical offers filed by six consortiums were accepted Wednesday in the auction for a broker to sell 9.84% in oil company OMV Petrom (SNP.RO), people close to the matter told MEDIAFAX.

Romanian Unionists End Protest Over New Labor Code

16:52, 16 Mart. 2011
Romanian unionists, who gathered near the Parliament Palace in capital Bucharest to support the opposition’s no-confidence motion over the new Labor Code, ended their protest two hours earlier than initially announced by organizers.

Romanian Govt Faces No-Confidence Vote

16:02, 16 Mart. 2011
The Romanian Parliament on Wednesday started debates on the no-confidence motion submitted by the opposition over the country’s new Labor Code for which the Government sought lawmakers’ vote on confidence last week.

Romanian Beekeepers To Receive EUR7M In Subsidies Annually

15:01, 16 Mart. 2011
The Romanian Government on Wednesday decided to grant EUR7 million in annual financial aid to beekeepers to increase the number of bee colonies.

Romania Posts Highest Annual Inflation In EU For 7th Straight Month

13:26, 16 Mart. 2011
Romania posted the highest inflation in the European Union for the seventh consecutive month in February, while the EU's average rate was stable at 2.8%, statistics office Eurostat said Wednesday.

Railway Traffic In Romania Resumed As Workers End Protest

10:13, 16 Mart. 2011
Romanian railway workers have ended their two-hour warning strike Wednesday at 9 a.m. and trains halted during the protest have resumed their routes.

Romanian Railway Workers Stopped Trains For Two-Hour Warning Strike

08:07, 16 Mart. 2011
Romanian railway workers ceased work for two hours Wednesday morning and all trains en route have been stopped in stations or on the way.

Romanian Railway Workers To Stage Two-Hour Warning Strike Wednesday

18:34, 15 Mart. 2011
Romanian railway workers will stage a warning strike on March 16, as unionists and railway company representatives failed to find common ground on signing new collective work contracts.

Japan Earthquake Might Raise Romanian Insurance Premiums By 10-20% On Medium-Term

15:24, 15 Mart. 2011
The earthquake in Japan could drive reinsurance costs up for Romanian companies, which in turn may increase their premiums for building insurance by 10-20% on the medium-term.

Romania To Register Economic Growth In 2011, “Mini-Boom” Expected In 2012 – WIIW

15:05, 15 Mart. 2011
Romania will register economic growth this year and a “mini-boom” can be expected in the election year 2012, said the Vienna Institute for International Economic Studies (WIIW).

Romanian Leu’s Exch Rate Weakens Slightly To 4.1865 Vs Euro

13:56, 15 Mart. 2011
Romania’s leu traded in ranges against the euro in mid session Tuesday and the central bank’s reference weakened slightly to 4.1865 units, from 4.1843 units a day earlier.

Romanian Tarom General Manager Resigns – Sources

13:15, 15 Mart. 2011
The general manager of Romanian state-owned airline operator Tarom resigned Tuesday and she will be replaced come April 1, people close to the matter told MEDIAFAX.

Romania Wants To Subsidize Diesel Price Hikes For Farmers

12:16, 15 Mart. 2011
Romanian Agriculture Minister Valeriu Tabara told a news conference Tuesday the ministry wants to subsidize price hikes for diesel fuel used in farming if it gets the approval of the European Commission.

Romanian President Willing To Shorten Term For Fewer Election Years

10:51, 15 Mart. 2011
Romanian President Traian Basescu said late Monday on public television TVR he would be willing to cut his term short one year so the country has fewer election years.

Romanian Subway Co Metrorex Signs Contract For Subway Sector Construction

17:57, 14 Mart. 2011
Romanian state-run subway company Metrorex signed a EUR215 million contract with a consortium led by Italian company Astaldi for the construction of Raul Doamnei- Eroilor sector of Bucharest’s new subway mainline.

Romanian Govt Transfers EUR90M To Local Auth, Most Run By Ruling Party

14:43, 14 Mart. 2011
Romania's Government has transferred around EUR90 million to local authorities, for infrastructure development projects and the construction of sports centers in rural areas, with most of the money going to units administered by the ruling Democratic Liberal Party (PDL).

Romania’s Current Account Gap Narrows To EUR15M In January

14:43, 14 Mart. 2011
Romania's current account deficit narrowed 86.5% to EUR15 million in January, from a gap of EUR111 million in the year-earlier month, as the trade balance turned to surplus, central bank data showed Monday.

Romania Leu’s Exch Rate Hits New 10-Mo High At 4.1843 Vs Euro

13:33, 14 Mart. 2011
Romania’s leu traded in ranges against the euro in mid session Monday and the central bank’s reference firmed nearly 0.5% on the day to a fresh 10-month high at 4.1843 units.

Romania January Trade Gap Narrows To EUR186.2M

10:11, 14 Mart. 2011
Romania’s trade deficit narrowed to EUR186.2 million in January, from nearly EUR473 million in the year-earlier month, the country’s statistics institute INS said Monday.

Romanian President Lays Out Constitution Revision Propositions At Ruling Party Meeting

22:03, 13 Mart. 2011
Romanian President Traian Basescu put on the table several Constitution revision propositions, which he wants to send to the Parliament, at a meeting with democrat liberal leaders on Sunday evening.

Romanian Organized Crime Prosecutors Detain Eleven Drug Dealers Following Raids

18:41, 13 Mart. 2011
Romanian organized crime prosecutors on Sunday detained eleven people accused of drug trafficking, following raids on several homes in capital Bucharest.

Romanian Deputy Proposes Excises On Soft Drinks

16:21, 13 Mart. 2011
Romanian democrat liberal deputy Petru Calian put forward a proposition to levy excise taxes on soft drinks containing sweetening agents.

Romanian President To Attend Talks On Govt Priorities Sunday

15:28, 13 Mart. 2011
Romanian President Traian Basescu will attend a meeting of ruling Democratic Liberal Party leaders scheduled for Sunday afternoon, president’s spokesman Valeriu Turcan told MEDIAFAX.

Romanian Mayor Arrested For Corruption

21:02, 12 Mart. 2011
Karoly Racz, mayor of Romania’s central city of Targu Secuiesc, has been placed under arrest for 29 days on charges of corruption.

No Romanian Killed In Japan Quake

15:28, 12 Mart. 2011
Romania’s Foreign Affairs Ministry said Saturday the country’s Embassy in Tokyo has received no information about Romanians being injured or left dead in the earthquakes that hit Japan over the past two days.

Three Romanian Border Police Officers Arrested In SW Romania

14:23, 12 Mart. 2011
Three Romanian border police officers in southwestern Romania were placed under 29-day preventive arrest Friday evening on charges of corruption and cigarette smuggling.

Romania Needs Coherent Policies, Reforms To Join Eurozone Around 2015 – Ctrl Bk

09:36, 11 Mart. 2011
Romania needs coherent fiscal and economic policies and continued reforms if it wants to adopt the European common currency sometime near the 2015 horizon, central bank governor Mugur Isarescu said Thursday.

Romanians Behind On Pension Contributions Risk Penalties

18:26, 10 Mart. 2011
Romanians who fail to pay their pension contributions for three consecutive months may risk contract termination under a draft decision the Labor Ministry has submitted for public debate.

Romania To Resume Green House Program In April

17:46, 10 Mart. 2011
Romania's "Green House" program, which aims to reduce the ecological footprint of homes, will resume in April, said Environment Minister Laszlo Borbely.

Erste Sees Oil Price Peaking At $150/Barrel

16:42, 10 Mart. 2011
The price of crude oil is not yet fully representative of the Middle East turmoil, so it will keep rising to some $150 per barrel, before falling down in the seond half, according to Erste group analysts.