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Romania Bans Paid In-Vitro Fertilization, Artificial Insemination Procedures

11:13, 07 Oct. 2009

Romania’s former Health Minister Ion Bazac signed on September 23 an order banning paid in-vitro fertilization and artificial insemination and setting that assisted reproduction procedures fall in the category of human egg trafficking.

Romania Economic Outlook Improves For 2nd Month In Sept – Survey

14:58, 06 Oct. 2009

Romanian economic outlook for the next six months improved in September, but analyst expectations regarding economic development remain negative, a Erste/ZEW survey showed.

S&P Assigns Romania ‘3’ Default Recovery Rating

15:44, 05 Oct. 2009

Investors may recoup between 50% and 70% of their funds placed in Romanian bonds in the event of the country's default, according to Standard & Poor’s newly assigned debt recovery ratings of ‘3’.

S&P Says Romania Ratings Unaffected By Coalition Split

15:34, 02 Oct. 2009

Standard & Poor's Ratings Services on Friday said the collapse of the government coalition in Romania has no immediate impact on the sovereign credit ratings.

Lotul Serbiei pentru meciurile cu România şi Lituania

14:11, 02 Oct. 2009

Selecţionerul Serbiei, Radomir Antici, a convocat 23 de jucători pentru meciurile din preliminariile Cupei Mondiale din 2010, grupa 7, contra României, la 10 octombrie, şi Lituaniei, la 14 octombrie.

Moody’s: Venitul pe cap de locuitor ar putea ajunge în România la nivel occidental în 40-45 de ani

18:56, 29 Sept. 2009

Venitul pe cap de locuitor ar putea ajunge, în România şi Bulgaria, la nivel occidental în decurs de 40-45 de ani, iar în alte state din Europa Centrală şi de Est în 30-40 de ani, în loc de 15-20 de ani cum se anticipa înainte de criza economică, potrivit Moody’s.

Romania’s Petrom Gains Top Spot Among Biggest SEE Companies

13:42, 23 Sept. 2009

Romania’s largest oil company Petrom (SNP.RO) ranks first in a top comprising 100 biggest non-banking companies in Southeastern Europe by 2008 total revenues, compiled by business information portal SeeNews in partnership with consultancy firm Roland Berger.

Govt Ordinance On Additional Letter Of Intent With IMF Published In Official Gazette

10:21, 23 Sept. 2009

The Government Emergency Ordinance on approving the additional letter of intent to the EUR12.95 billion stand-by loan signed by Romanian and the International Monetary Fund was published Wednesday in the Official Gazette, thus enabling IMF to grant the second tranche of the loan.

Romania’s Jan-Jul Public Debt Rises To 27.9% Of GDP

15:23, 22 Sept. 2009

Romania’s public debt rose to 27.92% of the gross domestic product in January-July period from 21.78% of the GDP at the end of last year, according to Finance Ministry data released Tuesday.

IMF Board OKs Romania’s Access To EUR1.85B Tranche

08:19, 22 Sept. 2009

The International Monetary Fund's Executive Board late Monday granted Romania access to EUR1.85 billion, the second tranche of a EUR13 billion loan, and approved a higher budget deficit target.

Salman Rushdie To Visit Romania In November

12:18, 18 Sept. 2009

World-renowned author Salman Rushdie will visit Romania between November 23 and 26, officials with Romanian publishing house Polirom, which organizes the event, told MEDIAFAX Friday.

Republic Of Moldova Lifts Visas For Romanians

17:16, 17 Sept. 2009

Moldova’s interim president Mihai Ghimpu said Thursday he signed a decree suspending the government’s decision of April 8 which introduced travel visas for Romanian citizens, Unimedia.md reported.

Romania To Overcome Fincl Crisis Late 2010 – Coface

15:50, 17 Sept. 2009

Romania will exit the crisis at the end of 2010, one year later than the USA and Europe's developed economies, as the effects of the crisis also occurred one year later, according to risk management company Coface Romania.

Romania July Constr Output Posts Largest Monthly Fall In EU

13:29, 17 Sept. 2009

Romanian construction output posted in July the biggest monthly decline among European Union states and the third-largest fall compared with the same month of 2008, the EU’s statistics agency Eurostat said Thursday.

Romanian PM Meets Pope Benedict XVI In First Day Of Official Visit To Italy

10:46, 17 Sept. 2009

Romanian Prime Minister Emil Boc and Pope Benedict XVI had a short meeting on Wednesday, part of his two-day official visit to Italy.

Salman Rushdie Might Visit Romania In November

16:32, 16 Sept. 2009

World-renowned author Salman Rushdie could visit Romania in November and is in advanced talks about that with Romanian publishing house Polirom, people close to the talks told MEDIAFAX Wednesday.

Romania’s Two Pwr Holdings Deemed Operational In ‘10, Work In Vain Till ‘12

13:21, 16 Sept. 2009

The two national power holdings the Romanian Government aims to set up through the reorganization of the country’s energy production will become operational in 2010, but they may operate to no avail until 2012, Economy Ministry’s secretary of state Tudor Serban said Wednesday.

Moldova To Lift Visas For Romanians This Week, Says Interim President – Press

16:12, 15 Sept. 2009

Romanians will be able to travel freely to the neighboring Republic of Moldova, as all other EU citizens, starting later this week, said the country’s interim President Mihai Ghimpu, cited by RFI Romania online.

România vrea să exploateze şi să cumpere uraniu din Kazahstan

14:40, 15 Sept. 2009

România a propus Kazahstanului să exploateze, prin Compania Naţională a Uraniului, rezervele de care dispune statul asiatic şi să cumpere, prin contracte pe termen lung, uraniu necesar funcţionării a două reactoare nucleare, a declarat marţi secretarul de stat în Ministerul Economiei, Tudor Şerban.

EU Gen Affairs Council Votes To Spare Romania Of Safeguard Clause

09:32, 15 Sept. 2009

The European Union’s general affairs council CAGRE adopted Monday the European Commission’s recommendation to spare Romania of a safeguard clause under the Cooperation and Verification Mechanism, Romanian Foreign Minister Cristian Diaconescu told MEDIAFAX.

IMF Board To Discuss First Review Of Romania’s Agreement Sept 21

12:28, 14 Sept. 2009

The Board of the International Monetary Fund will analyze and file for approval on September 21 the first review of the stand-by agreement with Romania, as well as the request to change certain performance criteria, according to IMF data.

Antivirus Mkr Kaspersky Puts Romania Among The World’s Top 10 Spammers

14:40, 10 Sept. 2009

Romania became, in the first half of the year, one of the top ten suppliers of unsolicited mail in the world, with a share of 3% in the total amount of spam, higher than Spain, Italy, Germany and Ukraine, according to a report by Russian antivirus maker Kaspersky Lab.

Inflaţia din România, la minimul ultimilor 2 ani

10:38, 10 Sept. 2009

Preţurile de consum s-au redus în august cu 0,19% faţă de luna precedentă, comparativ cu declinul de 0,07% din iulie, iar rata anuală a inflaţiei a coborât pentru a şasea lună consecutiv, de la 5,06% la 4,96%, nivel care nu a mai fost atins din luna august 2007, potrivit datelor INS.

Condiţiile de dezvoltare a afacerilor, mai bune în Botswana decât în România

09:20, 09 Sept. 2009

România va scădea anul viitor zece poziţii, ajungând pe locul 55, într-un top al Băncii Mondiale (BM) privind cele mai favorabile condiţii pentru dezvoltarea afacerilor, în urma unor ţări precum Bulgaria, Azerbaidjan, Botswana sau statele Baltice.

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.

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.

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.

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.

S&P Revises Dn Romania’s GDP, Budget Deficit Forecast

16:12, 01 Sept. 2009

Rating agency Standard&Poor's revised down its predictions on Romania’s economic contraction in 2009, from 5% to 7.6%, and the budget deficit from 6% of the GDP to 6.6% of the GDP, which are nevertheless more optimistic than International Monetary Fund’s latest forecasts on Romania.

Madonna To Leave Romania For Bulgaria Saturday

15:40, 28 Aug. 2009

American singer Madonna, which held a concert Wednesday in Bucharest, in front of an audience of 60,000, will leave Romania Saturday and head for Bulgarian capital Sofia, where she will hold another concert on her "Sticky & Sweet" World Tour.

Four Romanian Teams Advance To Europa League Group Stage

09:40, 28 Aug. 2009

The Romanian teams FC Timisoara, CFR Cluj, Dinamo Bucharest and Steaua Bucharest move on to the next stage in UEFA’s Europa League.

Amalia Năstase a spus că firma sa a putut organiza într-o zi evenimentul de la Paris

16:52, 25 Aug. 2009

Directorul firmei Eventures Concept Solution, Amalia Năstase, a precizat, marţi, la audierile din comisia parlamentară de anchetă, că firma sa a fost capabilă să organizeze, într-o singură zi, evenimentul de la Paris din 5 iunie referitor la lansarea campaniei "Romania, land of choice" a MT.

Romanian Govt, IBRD Cancel $35M From ’06 Loan For Transports

15:01, 25 Aug. 2009

The Romanian Government and the International Bank for Reconstruction and Development (IBRD) decided to cancel the $35 million installment from a $180 million loan approved in 2006 for infrastructure and transports, and to widen the lending interval for the third time, until the end of this year.

PepsiAmericas To Invest $150M In Factory S Romania

14:22, 24 Aug. 2009

PepsiAmericas, the second largest world’s Pepsi-Cola bottler, will invest $150 million in building its largest factory in Europe, nearby the capital city Bucharest.

Romanian Foreign Affairs Min Reacts To Ukrainian Ambassador Statements

17:55, 20 Aug. 2009

Romanian Ministry of Foreign Affairs spokesperson Alin Serbanescu said Thursday he publicly asks the Ukrainian Ambassador to Bucharest to explain if he has been mandated by Ukrainian authorities to make a series of statements he issued in an interview for MEDIAFAX.