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Cutting Budget Spending Is Not A Solution For Now

Romanian President Traian Basescu on Thursday said he does not encourage reducing budget spending at present, although this would be the easiest solution, economically speaking. Economically speaking, the easiest solution would be to cut down bud ...

Romania To Take EUR1B Loan From Local Mkt To Restructure Debt

Romanian President Traian Basescu stated Thursday that the government would take a EUR1 billion from the local market, to restructure its short‑term debt, adding that the loan conditions would be more advantageous than those of a loan taken ...

ForMin Diaconescu: Nine diplomats to go to Chisinau, six to come back to Romania

Nine Romanian diplomats will go to the Romanian Embassy in Chisinau, the Republic of Moldova and six will be called back home, Foreign Minister Cristian Diaconescu told Agerpres. 'We deal, first and foremost, with the structure of the consula ...

Red Scorpions bring battle flag from Iraq

The last contingent of the 26th Neagoe Basarab Infantry Battalion dubbed the Red Scorpions brought, on Thursday, the battle flag from Iraq, after a four‑month mission, the military unit from Craiova (southern Romania) completing the Romanian ...

Press review

The Romanian newspapers on Friday give main coverage to President Traian Basescu's remarks following the European Commission's Report on the Romanian justice system; the relation among lending, saving and profit‑making in the develop ...

Romanian My Air Passengers Can Use Blue Air Flights, Paying Airport Taxes

Airline company Blue Air informed the passengers of the cancelled My Air flights that they can use the companys planes on the route Romania‑Italy and back, regardless of the departure or landing spots, paying just the airport taxes connected ...

Romania Gets Code Yellow Warning For Hot Weather, Valid Until Saturday

Romanian meteorologists on Wednesday issued a code yellow warning for hot weather, valid from Thursday afternoon until Saturday for 33 counties, where temperatures could go above 38 degrees Celsius and the thermal discomfort will exceed the critic ...

Romania To Finish ROP Contracts Two Yrs Ahead 2013 Deadline

Romanias Development Ministry plans to finish signing the contracts financed through the Regional Operational Program (ROP) by end 2011, two years ahead the deadline imposed by the EU, to avoid possible application problems, Minister Vasile Blaga ...

Romania, Bulgaria Gained Reform Momentum, Monitoring Continues Under CMV

Romania and Bulgaria, the European Unions newest members, have gained momentum in making reforms, but the European Commission feels the countries should continue to be monitored, Commission spokesman Johanes Laitenberger said Wednesday at the pres ...

Romanian Chamber Speaker: EC Report, Sign Of Confidence In Govt

Romanian Chamber of Deputies speaker Roberta Anastase said Wednesday that the European Commissions positive report on Romanias justice system may be considered a sign of confidence on the part of the EU executive in the Romanian government. Anast ...

Bucharest Court of Appeals Suspends Hwy Consultancy Contract Attribution

The Bucharest Court of Appeals decided Wednesday to suspend the attribution procedure involving the consultancy contract sold by the National Company for Highways and National Roads (CNADNR) in the construction of the Medgidia‑Constanta high ...

Romanian Cos Need Optimism To Overcome Crisis

The Romanian Government will support companies that face difficulties, but a note of optimism is also needed to overcome the harmful effects of the economic crisis, Prime Minister Emil Boc said Wednesday. "While everyone talks only about the ...

Romanias Govt OKs "First House" Programs Changes

Romanias Government approved Wednesday the changes brought to the "First House" program and agreed during the bank managers Tuesday talks with Prime Minister Emil Boc, official sources told. Boc met Tuesday with the bankers interested i ...

Romanian Prosecutors To Probe Fraud Allegations Against Ex‑Youth Minister

Romanian anticorruption prosecutors on Wednesday requested prosecution against former youth minister Monica Iacob Ridzi on corruption charges, the head of National Anticorruption Department (DNA), Daniel Morar, said. Monica Iacob Ridzi came to DN ...

Ford launches public offer to get remaining shares of Automobile Craiova

U.S. carmaker Ford Motor Company on Wednesday launched a public offer to acquire the remaining shares of Automobile Craiova (listed on the RASDAQ market, carrying the symbol AUCS), representing 3.267 percent of the company's share capital, acc ...

PM Boc asks ministers a plan aimed at implementation of EC recommended measures on justice

Premier Emil Boc has asked on Wednesday the Government members, competent in the field of Justice, to outline till August 14 an action plan aimed at the implementation of measures recommended by EC latest report. 'The report on justice is kee ...

Press review

The Romanian newspapers on Thursday give main coverage to the progress report on justice made public by the European Commission on Wednesday; the prospects facing the national economy in the coming months; the Romanians' concern with their ear ...

EC Draft Report: EC Continues To Monitor Romania Under MCV, Next Assessment Due In Summer 2010

The European Commission notes, in a draft justice report, that Romania does not meet conditions allowing the activation of a safeguard clause and the Mechanism for Cooperation and Verification, or MCV, must continue. The Commission also notes the ...

Romania Seeks To Be Party To Gas Exploration In Turkmenistan

Romanian President Traian Basescu said ahead of his departure for a two‑day visit in Turkmenistan on Tuesday that Romania is looking for an opportunity to participate in natural gas exploration in the country. The visits agenda includes str ...

EC Report Notes Local Authorities Lack Initiative In Fight Against Corruption

Territorial prosecution offices and local education, healthcare and fiscal authorities show lack of initiative in detecting local corruption, but the initiative of Romanias General Prosecutor to adopt local anticorruption strategies is appreciated ...

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