romania

Romania Might Be Allowed To Resume Pork Exports On EU Market

15:57, 28 Iul. 2010
The European Commission might allow Romania to resume exports of pork and pork products on the EU market, following a request addressed by Romanian authorities in June.

Romania Asks IMF For New Waiver On Govt Arrears – Fin Min

13:55, 28 Iul. 2010
Romania hasn’t met the first half-year performance criteria in the sector of general government arrears and it will ask the International Monetary Fund for a new waiver of non-observance, Finance Minister Sebastian Vladescu said Wednesday.

Romania’s 1H Budget Deficit At RON18.1B, Meets IMF Target

11:56, 28 Iul. 2010
Romania's consolidated budget posted a deficit of 18.07 billion lei (EUR1=RON4.2476) in the first year-half, below the target agreed with the International Monetary Fund, the Finance Ministry said in a statement Tuesday.

IMF: Romania Economy Could Turn To Growth In 2011

18:04, 27 Iul. 2010
The International Monetary Fund’s mission chief to Bucharest, Jeffrey Franks Tuesday said Romanian economy could turn to growth next year, adding he doesn’t share more pessimistic outlooks forwarded by analysts.

Romanian Hydrologists Extend Flood Alert For Rivers Across Country

17:59, 27 Iul. 2010
Romanian hydrologists decided Tuesday to extend until Wednesday the yellow code flood alert on most rivers across the country.

Romania Has Money To Pay Pensions In 2010 – Fin Min

14:53, 27 Iul. 2010
Romania will not face problems with paying pensions this year, Finance Minister Sebastian Vladescu said Tuesday.

IMF To Revise Romania’s 2010 Economic Forecast

13:45, 26 Iul. 2010
The International Monetary Fund is expected to revise its forecast on Romanian economic growth for 2010 shortly, a fund official said Monday, hinting that the revision will be more optimistic compared to a 3% contraction envisaged by the European Bank for Reconstruction and Development.

Capital Economics: Romania Economy To Decline By 2.5% In 2010

13:23, 26 Iul. 2010
Romania’s tough austerity measures designed to reduce the budget gap and keep a multilateral aid agreement on track will not come cheap and the country’s economy is expected to shrink by 2.5% in 2010, London-based Capital Economic said in a survey.

American Actor Nicolas Cage Wants To Shoot ‘Ghost Rider’ Sequel In Romania

12:48, 26 Iul. 2010
American actor Nicolas Cage said in an interview for MTV News that he wants to shoot ‘Ghost Rider' Sequel in Romania.

Uniunea Europeană acordă României un milion de euro pentru două programe de mediu

14:09, 24 Iul. 2010
Uniunea Europeană va acorda Apelor Române şi unei fundaţii transilvănene un milion de euro după ce a aprobat două proiecte ale acestor organisme referitoare la managementul integrat al apei şi la protejarea unei zone verzi din zona Sighişoara - Târnava Mare, potrivit site-ului oficial europa.eu.

Romanian President Calls On Parliament To Reexamine Public-Private Partnership Law

19:05, 23 Iul. 2010
Romania’s President Traian Basescu Friday sent to the Parliament a request to reexamine the law regulating the partnership between the public and the private sectors, saying that the Government emergency decree regarding public procurement contracts is more comprehensive than the law.

No Liquidity Problems For Romania – Fin Min

15:00, 23 Iul. 2010
Romania has the means to deal with current costs and it faces no liquidities problems whatsoever, Finance Minister Sebastian Vladescu said Friday, adding that the ministry’s main concern is to ensure adequate financing costs.

Romanian Govt OKs Justice “Small Reform” Bill

13:26, 23 Iul. 2010
Romania’s Government approved Friday in a special meeting the draft law of “small reform” in the justice system, which implements a series of measures to speed up trials, people close to the matter told MEDIAFAX.

Romanian Labor Ministry Reorganizes Social Service Agencies As Depts, Cuts Staff

18:52, 22 Iul. 2010
The Romanian Authority for People with Disabilities, the Family Protection Authority and the Agency for Equality of Chances between Men and Women will be reorganized as departments within the Labor Ministry, the institution said in a press release Thursday.

EBRD Cuts Romania GDP Forecast To -3% In 2010

18:47, 22 Iul. 2010
The European Bank for Reconstruction and Development Thursday revised its forecast for Romanian economy to minus 3% in 2010, from zero growth previously, citing disappointing first-quarter figures and government-imposed austerity measures which are expected to add to consumption decline.

World Bank: Romania Attractive For Long-Term Investments

16:31, 22 Iul. 2010
Romania remains an attractive country for long-term investments, but it’s less appealing to investors looking for quick scores, an official at the World Bank said Thursday.

WB: Multilateral Loan Recommended For Romania’s Budget Needs

16:17, 22 Iul. 2010
Low borrowing costs are vital to ensure adequate financing to cover Romania’s budget needs, an official at the World Bank said Thursday, adding that a new international loan package may be a good move at this time.

Romanian High Council Of Magistrates To Debate EC Justice Report In Sept

16:09, 22 Iul. 2010
The Romanian High Council of Magistrates (CSM) specialized departments will analyze the EC justice report and, based on the analysis’ result, the institution will decide on the measures to be taken to remediate the problems emphasized by the EC, CSM president Florica Bejinaru said Thursday.

Romania’s Govt To Recalculate Special Pensions By September, Military Pensions By Yearend

20:40, 21 Iul. 2010
Romanian special pensions will be recalculated by September and will be reduced afterwards, while military pensions will be recalculated by the end of the year, Romanian Prime Minister Emil Boc said Wednesday.

Romania Will Draw Up Report To Clarify Issues Regarding Its Accession Commitments – President

19:21, 20 Iul. 2010
Romania’s President Traian Basescu said Tuesday that Romania will draw up a report to clarify aspects regarding the country’s accession commitments and send it to the European Union member states and the European Commission.

President: EC Statement That Romania Breaches Accession Commitments Unacceptable

18:22, 20 Iul. 2010
Romania’s President Traian Basescu said Tuesday that the European Commission's claim that Romania breaches its accession commitments is “unacceptable,” adding Romania cannot take such an overstatement and calls for an “unbiased approach.”

Romanian President: Public Procurement Not Part Of MCV

17:37, 20 Iul. 2010
Romanian President Traian Basescu said Tuesday that he agrees with the European Commission’s statements regarding public procurements, but added that the issue should not have been included in the justice report as it has nothing to do with the Mechanism for Cooperation and Verification (MCV).

Romania Seeks Derogation From EC Greenhouse Gas Emission Regulations For 13 Penalized Companies

12:13, 20 Iul. 2010
Romanian authorities try to convince the European Commission to grant derogation from regulations regarding greenhouse gas emissions to 13 companies compelled to pay sanctions totaling EUR21 million after breaching the deadline by which greenhouse gas certificates should have been submitted.

Romanian Parliament To Restart Debates On National Integrity Law’s Unconstitutional Provisions

18:21, 19 Iul. 2010
Toni Grebla, head of the Romanian Senate committee for legal matters, said Monday that the two chambers of the Parliament will restart debates on the provisions of the law regulating the activity of the country’s National Integrity Agency (ANI) which have been ruled unconstitutional.

Romania’s Constitutional Court Rules Revised National Integrity Law Unconstitutional

17:11, 19 Iul. 2010
The Romanian Constitutional Court Monday ruled unconstitutional the revised version of the law regulating the activity of the country’s National Integrity Agency (ANI), after President Traian Basescu challenged the revised normative act’s constitutionality.

Hydrologists Extend Flood Alert For Prut River, E Romania, Until End-July

16:21, 19 Iul. 2010
Romanian hydrologists extended the flood alert on the Prut river, eastern Romania, until the end of July, as dam-held waters must be released and the river’s level will further increase.

Romania, Germany To Sign Plane-Construction Agreement

15:55, 16 Iul. 2010
The Bucharest National Institute for Airspace Research (INCAS) and a similar institute in Germany want to seal an agreement to construct a plane for regional flights.

U.S. Transfers Mohammad Munaf To Iraqi Custody – Paper

09:32, 16 Iul. 2010
Mohammad Munaf, arrested in 2005 on charges that he aided in the kidnapping of three Romanian journalists, has been transferred to Iraqi authorities this week said American attorney Aziz Huq, cited by the Salt Lake Tribune’s online edition Friday.

Romanian Car Market Sees Third Largest Decline In EU In 1H, Of 41.5%

12:24, 15 Iul. 2010
Romania’s car market registered the third biggest decline in the European Union in the first half of the year, of 41.5%, while bigger declines were registered only in neighboring Bulgaria and Hungary and the EU car market increased 0.2%.

Romania’s Govt Cuts 2,450 Positions Within Environment Min

18:57, 14 Iul. 2010
The Romanian Government decided in a meeting Wednesday to cut 2,450 positions within the Environment Ministry and the bodies subordinated to the institution, Environment Minister Laszlo Borbely told MEDIAFAX Wednesday.

Romanian PM Signs Decisions To Dismiss 17 State Secretaries, Two State Undersecretaries

18:55, 14 Iul. 2010
Romanian Prime Minister Emil Boc said Wednesday he signed the decisions whereby 17 state secretaries and 2 undersecretaries of state are released from office.

Number Of Suspended Romanian Cos Falls In 1H

16:44, 14 Iul. 2010
The number of Romanian companies that temporarily suspended activity in the first six months this year halved, to 42,417 from 80,646 in the same interval of the previous year, according to data from the national trade registry.

Romania Leader In E Europe Regarding End-Of-Life Care Development

14:20, 14 Iul. 2010
Romania has become leader in Eastern Europe regarding end-of-life care, although, during Ceausescu communist regime, care for terminally ill was non-existent, according to a survey conducted by the Economist Intelligence Unit (EIU).

Romania, Switzerland To Sign EUR130M Cooperation Agreement In August – Swiss Ambassador

19:25, 13 Iul. 2010
Romania and Switzerland will sign a EUR130 million five-year agreement on August 26, for cooperation in various fields, including cyber crime fighting, Swiss Ambassador to Bucharest Livio Hurzeler said Tuesday.

President Says Romania Could Overcome Crisis More Easily If It Used EUR30B EU Funds

20:49, 12 Iul. 2010
Romanian President Traian Basescu said Monday, in the presence of the President of the Palestinian National Authority, Mahmoud Abbas, that Romania could overcome the economic crisis “more easily” if it used the EUR30 billion non-reimbursable funds from the European Union.

Romania’s Electronic Road Toll System Might Be Available As Of Oct 1

12:00, 12 Iul. 2010
Romania’s Transport Ministry plans to postpone the implementation of the country’s electronic road toll system until October 1, as the auction selecting the company to insure the system was challenged and implementation procedures were hindered.

Romania’s Annual Inflation Decreased To 4.3%-4.4% In June, To Hit 7% In July – Analysts

19:14, 11 Iul. 2010
Romania’s annual inflation decreased to 4.3 – 4.4% in June, from 4.42% in May, and is expected to hit about 7% in July, economic analysts said.

Romania To Reduce VAT If Feasible Alternative Measure Found, Taxing Pensions Not Enough – PM

17:30, 11 Iul. 2010
Romanian Prime Minister Emil Boc said Sunday the value added tax can be reduced only if authorities find other means to cover the revenues brought to the state budget by the 5-percentage point VAT increase, adding taxing pensions is not enough.

Meteorologists Issue Code Yellow Rain Alert For NE, C, SE Romania, Valid Until Sunday Evening

13:11, 11 Iul. 2010
Romanian meteorologists issued a code yellow alert for rain, thunderstorm and hail in the northeastern, central and southeastern parts of the country, valid until Sunday at 9 p.m..

Romanian Authorities Might Consider Taxing High Pensions Progressively – Environment Min

20:26, 10 Iul. 2010
Romania’s Environment Minister Laszlo Borbely told MEDIAFAX Saturday that authorities might consider taxing high pensions progressively starting this fall, adding that decisions in this respect depend, to a great extent, on the country’s economic situation.