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Lowest Price No Longer Sole Criterion For Romanian Public Bids

Romanian Transports Minister Radu Berceanu said Tuesday that the criteria according to which public work contracts are awarded in an auction will be changed, so that the price of the offer will have a weight of 40%, down from the 100% provided by ...

BNR reports profit worth 3bln lei in 2008

The National Bank of Romania (BNR) reported net profit worth 3.338 billion lei in the financial year 2008, compared to 458 million lei in profit in 2007. The 2007 profit was entirely distributed to cover the losses of the previous years. BNR sen ...

BNR cuts key interest rate by 50 basis points

The National Bank of Romania (BNR) decided to cut the key interest rate by 50 basis points from 9.50 pct per annum to 9 pct per annum following the June 30 meeting of the Board of Administration, central bank spokesman Mugur Stet announced on Tues ...

FinMin Pogea: European Community to disburse loan in five instalments by 2011

The Government approved at its meeting on Tuesday and urgent ordinance on the ratification of the Memorandum of Understanding between the European Community and Romania signed in Bucharest and Brussels on June 23 and of the Loan Agreement worth up ...

Press review

Romania's national dailies of Wednesday give main coverage to the National Bank of Romania cutting its monetary policy rate by 0.5 percentage points; Government preparing a new package of anti‑crisis measures; the National Economic Proje ...

Romanian Health System Union Sanitas Threatens To Picket Ministry HQ, Citing Insufficient Salaries

Romanian health system employees threaten to picket the Health Ministrys headquarters on July 14, unhappy with the fact that wages in the system will not be covered until the end of the year, Sanitas union federation vice‑president Adrian Ba ...

Romanian Beer Law Sent Back To Chamber Budget Committee

The Romanian Chamber of Deputies on Monday decided, at the proposal of the Social Democratic Party (PSD), to send the beer law, which stipulates facilities for Small and Medium Enterprises (SMEs) in the field, back to the Chamber's budget̴ ...

Over 50 Romanian Pupils Exposed To British Pupils Infected With A‑H1N1 Virus

Vasile Guzganu, principal of the Romanian Ioan Holban high school in Iasi, eastern Romania, on Monday told the press that 53 Romanian pupils were exposed to the two British pupils diagnosed with the A‑H1N1 virus, adding they are monitored by ...

Doru Tulus Reinstated Head of Division Within Romanias Anticorruption Dept

Romanian President Traian Basescu on Monday signed the decree reinstating prosecutor Doru Tulus as head of Division II with the National Anticorruption Department (DNA), after the High Council of Magistrates (CSM) previously approved the proposal ...

Romania Confirms 28th Swine Flu Case

Romania has confirmed Tuesday a new case of AH1N1 flu infection, in a 32 year‑old man, who returned from England two days ago, taking the number of confirmed cases in the country to 28. The patients general state of health is good and he is ...

Good and bad news from July 1

The start of July will bring Romanians as much as one can forecast, both good and bad news. A first bad piece of news: meteorologists announce drought and dog days, with temperatures between 35 and 40 degrees Celsius and hot nights, with over tha ...

Grasa de Cotnari wins gold, silver in Budapest wine competition

Wine and vine company Cotnari SA of the northern county of Iasi won two gold and two silver medals at the VINAGORA BUDAPESTA wine contest held over June 16 ‑ 21 under the patronage of the International Organization of Vine and Wine ‑ O ...

Press review

Romania's national dailies of Tuesday give main coverage to a statement by President Basescu that he is a supporter of a partnership between the State and the Romanian Christian Orthodox Church; parliamentary inquiry to start into Minister of ...

Romanian Worker Dies In Ditch Cave‑In

One worker died Saturday noon after he was buried in a trench cave‑in near the building of the Free Press House in Bucharest, the Emergency Inspectorate said. The intervention teams managed to rescue a second worker trapped in the cave̴ ...

Romanian Agric Min Set To Complete New Irrigation Sys By March 2010

Romanias Agriculture Ministry will complete by March next year the design of a new irrigation system, as the existing one is obsolete, Minister Ilie Sarbu said Saturday. The current irrigation system is updated, it has Russian pumps made in the 6 ...

Romanias Ctrl Bk Likely To Cut Key Rate By 0.5%

Romanias central bank is expected to cut its key interest rate by 0.5% to 9% Tuesday, on a milder inflation and a deeper‑than‑anticipated drop in the GDP in the first quarter, analysts said Sunday. Analysts believe a more relaxing mon ...

Romania Healthcare Salary Might Increase By 35%

Romanias latest version of the single and unitary salary law in the public system stipulates a 35% pay raise for personnel in the healthcare system, compared to the 75% raise in the previous version of the draft law. The managers of hospitals wit ...

Romania Confirms New H1N1 Infection; Total Cases Reach 25

Romania confirmed on Sunday its 25th swine flu case in a 35‑year‑old man who recently flew in from Spain, the Health Ministry said in a statement. The patient was admitted to the infectious disease hospital Matei Bals in Bucharest and ...

PM Boc to control European fund spending on on‑site visits

Prime Minister Emil Boc on Friday warned in Targoviste, north‑west of Bucharest, that he will descend from his office and pay unexpected on‑site visits to see how works are conducted, particularly in the areas where accessing and using ...

Press review

Romania's national dailies of Monday give main coverage to the Chamber of Deputies having passed only one law five months in office; the National Liberal Party (PNL) starting off a cleaning campaign nationwide; the Hungarian Democratic Union o ...

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