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More Romanian Companies To Go Bankrupt This Year – Coface

14:35, 20 Ian. 2011
The number of insolvent Romanian companies will continue to grow this year, because the economic environment is still not “stimulating” enough, according to Coface Romania.

Romanian Porn Sites Forced To Check Users’ Age – Bill

14:06, 20 Ian. 2011
Porn sites in Romania must ensure any adult content is accessed solely by adult users and are obliged to check user’s age before allowing access, according to a bill the Government approved Wednesday, people close to the matter told MEDIAFAX Thursday.

Romania To Meet Its Commitments In Afghanistan, Focus On Post-War Reconstruction – President

14:06, 20 Ian. 2011
Romania will continue to meet its commitments in Afghanistan and will focus on post-conflict reconstruction and on training Afghan security forces, President Traian Basescu said Thursday during a meeting with ambassadors of EU countries.

Romania Wants To Conclude Negotiations With U.S. On Missile Shield This Year – President

13:59, 20 Ian. 2011
Romania wants to conclude negotiations with the USA on the missile defense system in 2011 and the U.S. remains a strategic partner and Romania's main security ally, President Traian Basescu said Thursday during a meeting with ambassadors of EU countries.

Romania GDP Unlikely To Match 2008 Levels Until 2013 – Coface

13:19, 20 Ian. 2011
Romanian gross domestic product per capita is bound to remain below the 2008 level until 2013 or 2014, according to estimates of Coface ratings agency.

Romania To Continue To Support Republic Of Moldova In 2011 – President

13:19, 20 Ian. 2011
Romania will continue to support the Republic of Moldova in 2011, President Traian Basescu said Thursday during a meeting with ambassadors of EU countries.

Romania Calls For Schengen Accession Based On EU Treaty Conditions – President

12:17, 20 Ian. 2011
Romania demands that its Schengen accession consider the conditions agreed through European Union treaties, President Traian Basescu said Thursday during a meeting with ambassadors of EU countries.

Amended Romanian Labor Code: Rules On Collective Layoffs Do Not Apply To Public Servants

19:56, 19 Ian. 2011
The Romanian Labor Code provisions on collective layoffs do not apply to the employees of public institutions or authorities, or to definite-period individual work contracts, according to the latest draft of the amended Code, obtained by MEDIAFAX.

Amended Romanian Labor Code: Temps May Be Paid Less Than Permanent Workers

18:15, 19 Ian. 2011
Temporary employees may receive a lower salary than a permanent employee on the same position, although not lower than the guaranteed minimum wage, says the latest draft of Romania's amended Labor Code, obtained by MEDIAFAX.

Romania Cigarette Producers Hike Prices By RON0.3/Pack

17:12, 19 Ian. 2011
The top three cigarette producers on the Romanian market hiked cigarette prices by 0.3 lei (EUR1=RON4.2626) per pack this week.

Romanian Govt Decides To Continue “First Home” Program In 2011

16:16, 19 Ian. 2011
The Romanian Government on Wednesday decided the “First Home” program will continue this year with a state guarantee ceiling of EUR200 million, which might be increased in July for the second half of 2011.

Over 18,000 Romanian Military Pensions To Be Raised After Recalculation

15:34, 19 Ian. 2011
The Romanian Defense Ministry presented on its website the situation regarding recalculated military pensions, based on income statements filed by Wednesday, which shows 25,798 pensions have been recalculated, of which 18,293 will be raised.

Romanian Pensioners To Receive Smart Cards For Discounted Long-Distance Travel

14:09, 19 Ian. 2011
Romanian pensioners and war veterans will be issued travel smart cards, for use in county and inter-county road transport, and transport firms will be required to outfit their vehicles with card readers, according to a draft ordinance by the Ministry of Transport.

Romanian Employers Could Lower Staff Costs By Offering Voluntary Pvt Pensions As Benefits

14:03, 19 Ian. 2011
Offering employees benefits in the form of voluntary private pensions (Pillar III) can reduce an employer’s total staff expenses by 1.1% and increase a company’s profit by 4%-5%, according to calculations of the Association for Private Pensions in Romania (APAPR).

EIU: Romania Economy To Post Weak Economic Recovery In 2011

10:46, 19 Ian. 2011
Romanian economy is expected to grow only modestly in 2011, after a decline of 2% envisaged for 2010, while tough austerity measures are bound to face strong social opposition and could create instability, the Economist Intelligence Unit said in its latest global forecast Tuesday.

IMF Says Flexible On New Romania Loan Agreement

18:26, 18 Ian. 2011
The International Monetary Fund will show flexibility regarding the duration of a follow-up agreement with Romania, IMF mission head Jeffrey Franks said Tuesday, without giving an exact timeframe.

Romanian Constitutional Court Upholds Gambling Regulations

15:00, 18 Ian. 2011
Romania’s Constitutional Court on Tuesday cleared a government emergency decree issued in 2009 that raised taxes on gambling and the minimal value of share capital required for a gambling license.

World Bank To Join IMF, EU For Romania Follow-Up Deal

14:00, 18 Ian. 2011
The World Bank is prepared to offer Romania technical and financial assistance for its planned follow-up deal with the International Monetary Fund and the European Commission, much like it did when the initial bailout package was signed two years ago, a World Bank official said Tuesday.

Romanian Apartment Prices Rise On Early Optimism

12:54, 18 Ian. 2011
Romanian used apartment prices rose by as much as 8% since the beginning of the year, but representatives of realty ads platform imobiliare.ro expect owner ambitions to “deflate” in the near future.

Romanian PM Invites Unions, Employers To Talks On Labor Code After Failed Talks With Labor Min

12:50, 18 Ian. 2011
Romanian Prime Minister Emil Boc decided to invite unions and employers for talks on the new labor code Tuesday afternoon after they demanded the resignation of Labor Minister Ioan Botis.

Romania To Reshuffle Energy Production By 2035 – Strategy

12:14, 18 Ian. 2011
Romania plans to replace over half of its 20,437 MW installed electrical output with new units by 2035, Economy Ministry director Alexandru Sandulescu said Tuesday.

Romania Might Cut Child Allowance Unless Parents Send Kids To School

11:55, 18 Ian. 2011
The Roma minority is a sensitive issue for Romania and authorities may resort to harsh measures like halt state child allowance payments unless parents send their children to school, President Traian Basescu told OSCE’s High Commissioner on National Minorities Knut Vollebaek Tuesday.

Romanian Unions, Employers Want Labor Minister Sacked Over Talks On New Labor Code

11:40, 18 Ian. 2011
Romanian unions and employers called on the prime minister Tuesday to fire Labor Minister Ioan Botis, disgruntled with talks on the country’s new labor code.

Romania Can Meet Justice Reform Goals If Ministry, Magistrates’ Council Work Together

11:15, 18 Ian. 2011
Romania could meet most of its objectives under the EU’s Cooperation and Verification Mechanism this year if the Justice Ministry and High Council of Magistrates get along and act together, Justice Minister Catalin Predoiu said Tuesday.

Romania Registers Second AH1N1 Death This Year

10:01, 18 Ian. 2011
A 29 year-old woman diagnosed with the AH1N1 virus has died in hospital in Iasi, eastern Romania, the second swine flu-related death in Romania over the past three days.

Romanian Gendarmerie Chiefs Sacked Over Alleged Illegal Staff Hiring

09:37, 18 Ian. 2011
The head of the Romanian Gendarmerie Olimpiodor Antonescu and his first deputy Nicolaie Rugina have been sacked following a scandal involving alleged illegal staff hiring in the institution.

Romanians Must Guarantee “First Home” Loan With Current Account

19:45, 17 Ian. 2011
Romanians who will take out loans within the “First Home” program must guarantee their loan with their current account and can file currency swap requests, according to the explanatory note to a Government decision which amends the norms implementing the program.

Romanian IT&C Sector Affected Unevenly By Crisis, Some Areas Posted Growth – Study

19:34, 17 Ian. 2011
The economic crisis has taken its toll on the Romanian IT sector, but not every region has suffered its effects to the same extent, as businesses in some areas have managed to cut their losses or even grow, according to a study by IT solutions provider Institutul pentru Tehnica de Calcul (ITC).

Romanian bam boo Stores Owner Enters Insolvency

17:07, 17 Ian. 2011
Romanian Andromede Decor, the owner of gift and home decor retailer bam boo, entered insolvency procedures in order to reorganize its activity.

Romanian Econ Min Rejects Shutdown Option For Valea Jiului Mines

16:55, 17 Ian. 2011
Romanian economy minister Ion Ariton said Monday he would not agree with the shutdown with all Valea Jiului mines, adding he expects management and unions to come up with a long-term development plan.

Romania Ordered By ECHR To Pay EUR3.6 Million Damages In 2010

16:50, 17 Ian. 2011
The Romanian state was ordered to pay around EUR3.6 million in 2010, through the rulings of the European Court of Human Rights (ECHR), a lower amount than in previous years.

Algocalmin, All Metamizole-Based Drugs Become Prescription-Only

14:12, 17 Ian. 2011
Algocalmin and other drugs containing metamizole will only be available on prescription by August 2011, Romania’s National Medicine Agency said Monday.

Romania Leu Up Vs Euro, Exch Rate At 4.2578

13:57, 17 Ian. 2011
Romania’s leu extended early gains versus the euro in mid trade Monday and the central bank’s reference won 0.2% to 4.2578 units, from 4.2669 units Friday.

Romanian Man Diagnosed With AH1N1 Dies In Hospital

12:45, 17 Ian. 2011
A 60 year-old Romanian man diagnosed with AH1N1 flu and admitted in serious condition at a hospital in Iasi, eastern Romania, has died in the hospital, the local public health department said Monday.

Romanian Military Retirees Threaten Protests In Bucharest Over Recalculated Military Pensions

12:34, 17 Ian. 2011
The Romanian Union of Laid off Military Staff will stage protests in capital Bucharest on January 24 disgruntled that authorities refuse to observe court rulings on recalculated military pensions.

Romanian Proprietatea Fund Core Hldrs Exempt From Capital Gains Tax

12:30, 17 Ian. 2011
Romanians who were compensated for their communism-seized property in Fondul Proprietatea stock will not be taxed on the profit achieved in selling the shares on the stock market, according to Dana Mirela Ionescu, head of brokerage firm Raiffeisen Capital&Investment.

Over Half Of Romanians See Their Financial Situation Worsening In 2011 – Poll

12:09, 17 Ian. 2011
More than half of Romanians expect their financial situation to worsen in the upcoming period and two thirds don’t plan to buy anything important for their home in 2011, according to the Consumer Confidence Barometer GfK conducted in December for the EU.

Over 400 Romanian Military Retirees Protest In SE Romania Over Recalculated Military Pensions

12:05, 17 Ian. 2011
About 400 Romanian military retirees protested Monday morning outside the Constanta Prefecture’s headquarters in southeastern Romania over the Government decision recalculating military pensions.

Romania FM Says EU States Objected To Bulgaria’s Schengen Accession, Romania Got Positive Report

10:55, 17 Ian. 2011
Romanian Foreign Minister Teodor Baconschi said Sunday evening on Realitatea TV Franc, Germany and Finland had objections on Bulgaria’s Schengen accession evaluation report but Romania’s report was positive all the way through.

Romanian Social Democratic Party Signs Agreement With Italian Democratic Party

15:15, 16 Ian. 2011
Romania’s opposition Social Democratic Party head Victor Ponta signed an agreement Friday in Rome with the Italian Democratic Party, the party said in a press release Sunday.