analysis

Health Minister: Analysis Shows Bucharest Tap Water Chemicals Within Admitted Limits

Romanian Health Minister Sorina Pintea announced on Monday that analysis made on tap water in Bucharest showed that chemical substances were within admitted concentration limits, but that some of them were found to be close to the maximum limits.

Moody’s: Romania Needs Structural Reforms, Performing State Cos

Romania's government must pursue structural reforms and improve state enterprise performance while maintaining the fiscal prudence that it embraced after the global crisis to fully-benefit from its economic ties with the European Union, Moody’s Investors Service said in a recent report.

Raiffeisen Sees Romania’s GDP Up 1.5% In 2011, On Strong Exports

Romania’s economy should gradually mend this year, with a 1.5% growth of the gross domestic product, mainly due to a recovery in external demand that will fuel exports' increase, Raiffeisen said in a report Friday.

FOCUS: Proprietatea Fund’s Listing Cannot Lift The Bucharest Bourse Alone

The listing of investment fund Fondul Proprietatea will not be enough to restore the Bucharest stock market to levels seen in the summer of 2007, without other initial public offers of large companies that would attract foreign interest, and a return to growth of the Romanian economy.

Romanian Nat Pwr Holdings Setup Will Boost Energy Price – Survey

The two Romanian national power holdings will take out small companies activating on the local energy market, and the result will be a continuous increase in energy prices for end consumers, according to a survey drawn up by the Politehnica University of Bucharest.

Oxford Economics Downgrades View On Romania’s 10 GDP Growth To -0.6%

Oxford Economics revised down its forecast on Romania's economic growth on 2010, predicting now a contraction of 0.6% from a previously seen growth of 0.9%, after the poor results in the first quarter.

Romania’s Public Debt Rises To RON155B In February

Romania’s public debt rose by 11 billion lei (EUR1=RON4.1380) in February, to RON155 billion, fueled by disbursements from the International Monetary Fund.

ING Analysts Expect Romania’s Ratings To Improve In 2011

Romania’s country rating greatly depends on fiscal consolidation and it could be raised next year by Fitch and/or Standard & Poor's (S&P) in the investment grade category, according to an ING analysis.

Romanian Criminal Expertise Institute Sent Video Analysis Result To President

The Romanian National Criminal Expertise Institute announced Wednesday that it has sent the Presidential Administration the results of its analysis on the video of incumbent President Traian Basescu at a political rally in 2004.

Over 50% Of Romanian Govt Acts Are Emergency Ordinances, New High

Over half of the acts approved by the Government in the first five months of the year were emergency ordinances, in numbers higher than those of similar ordinances issued between January and May, 2005 by the former Government.

Moldovan Protests Spark Sovereignty Worries In Transdniester – Media

The role played by “the Romanian factor” in the Moldovan protests, announced by Moldovan president Vladimir Voronin, determined breakaway region Transdniester to demand guarantees regarding its own sovereignty, according to Russian media.

Romanian Police Car Purchases Are Clean – Police Official

The head of the Romanian Police (IGPR), Gheorghe Popa, said that, at his request, DGA, DGIPI, DIF, and SRI informed that there are no suspicions regarding the contracts for the purchase of police cars.

Romania Pres To Demand Interior Min Spending Analysis

Romanian president Traian Basescu said he will notify the state’s institutions for a very serious analysis regarding cars and equipment contracted by the Ministry of Interior and regarding the first stage of obtaining the objectives assumed so that Romania may enter the Schengen space.

Bucharest Mayor Appoints Interim Head Of Public Service Dept

Bucharest general mayor Sorin Oprescu Thursday appointed Marian Turlea as interim director of the General Infrastructure and Public Service Department within Bucharest mayoralty, replacing Gheorghe Udriste who resigned Wednesday.