Arhivă lunară | februarie, 2009
IBRD might annul some loans to Romania, with unsatisfactory implementation degree
The International Bank for Reconstruction and Development (IBRD) might partially or totally annul some loans granted to Romania, which have a dissatisfactory implementation degree. The international financial institution is going to identify the possibility to reallocate the respective amounts through available instruments, following a joint analysis in the immediately following period with the Ministry [...]
Continuă să citeşti...Developing economic relations with Balkan countries, a CCIB strategic goal
21 februarie 2009
The Bucharest Chamber of Commerce and Industry (CCIB) will work together with Albania's Embassy to Romania in order to draft projects that might boost the trade between Romania and Albania, the CCIB has said in a release. 'The volume of economic exchanges between our two countries is modest, but there is a range [...]
Continuă să citeşti...Bucharest Stock Exchange down on opening on Friday
21 februarie 2009
The Bucharest Stock Exchange (BVB) was down in the opening of the trading session on Friday, with the general index of the market BET-C registering a depreciation by 0.59 percent at the beginning of the session. The BET-FI index of the SIFs saw a drop by 2.34 percent, with the main BET index, reflecting [...]
Continuă să citeşti...Ambassador Martin Eichtinger: Austrian banks do not need Romania’s aid as they are not facing liquidity problems
21 februarie 2009
Austrian banks in Romania do not need the Romanian state's aid at this moment, as they are not facing liquidity problems, but their stability depends on the country's economic situation, Austrian ambassador in Bucharest Martin Eichtinger said in an interview with Ziarul Financiar daily. As regards the possibility of Romanian state's taking over some [...]
Continuă să citeşti...Siveco attacks 100 mln dollars threshold
21 februarie 2009
IT solutions producer Siveco Romania anticipates a turnover advance of 10 percent in 2009, which might even go up to almost 99 million dollars, Ziarul financiar daily reports. "2009 plans are focused on the consolidation and expansion of projects started in the past years, implementation of projects based on structural funds, identification and valuing [...]
Continuă să citeşti...European affairs dept. head: Romania needs foreign investors
21 februarie 2009
Head of the European Affairs Department Vasile Puscas met on Thursday company Nokia officials based in Romania, with the meeting taking place amid the effects of the global economic crisis and the interest in promoting the European companies to the economic recovery programmes from Romania and the European Union, the Department said in a [...]
Continuă să citeşti...Debate on budget to continue on Friday, Saturday and Sunday
21 februarie 2009
The Standing Bureaus of the two chambers of the Romanian Parliament have decided that the Senate and the Deputies' Chamber on Friday, Saturday and Sunday continue, till midnight, the debate on the approval of the 2009 state budget. Launched on Tuesday, February 17, the debate on the state budget was not at all easy [...]
Continuă să citeşti...Geoana: Economy resources should be directed to investment, social security
21 februarie 2009
President of the Social Democrat Party (PSD, a ruling coalition partner) Mircea Geoana argues the Romanian authorities should wait for the 'crisis peak' to pass and only then invest in projects worth billions of euros, such as the purchase of multipurpose aircraft for the Romanian Army. Geoana said on Friday the funds should be [...]
Continuă să citeşti...Minister Videanu praises EU response to natural gas crisis
21 februarie 2009
Economy Minister Adriean Videanu, who attended a meeting of the European Union Council on energy issues in Brussels on Thursday, praised during the debates the manner in which the European Union had responded to the natural gas crisis, proving the member states can voice a unitary stand. The initiatives focused on diversifying the sources [...]
Continuă să citeşti...Tourism Ministry to organize campaign designed to change Italians’ perception of Romania
21 februarie 2009
Romanian Tourism Minister will conduct a campaign aimed at changing Italians' perception of Romania, reads a ministry release. Tourism Minister Elena Udrea is attending over February 18-22, the International Tourism Bourse in Milan. Udrea met with Milan prefect Gian Valerio Lombardi, with whom she discussed about partnerships in the field of tourism and [...]
Continuă să citeşti...UN programme for youth, evaluated at Romania’s Permanent Mission in New York
21 februarie 2009
The Permanent Mission of Romania to the United Nations hosted a working session on the evaluation of the Youth Delegate to the United Nations Program, reads a Foreign Ministry release on Friday. Under the theme "Youth in the decision-making processes, developments in the 2008-2009 term', the event was organized by Alexandra Martin and Bogdan [...]
Continuă să citeşti...President Basescu: We are lacking concrete measures to help Roma people overcome difficulties
21 februarie 2009
Beyond the formal adhesion to general principles, we are lacking such concrete measures to help the Roma community overcome difficulties it is in, Romanian President Traian Basescu appreciated in a message on Friday, on the occasion of the Roma's Emancipation Day. 'Unfortunately, the event we celebrate today does not represent at the same time [...]
Continuă să citeşti...World Bank: Romania hits most rapid wage growth in its region
21 februarie 2009
The World Bank (WB) on Friday launched the economic report and the special report on the 'Remodeling of the Economic Geography.' Referring to Romania and to other countries in the Central and Eastern Europe and in the Baltic Sea area, the WB officials showed that private investments, which represented one of the main development [...]
Continuă să citeşti...PSD President Mircea Geoana: We face fierce competition for jobs
21 februarie 2009
President of the Social Democratic Party (PSD, at rule), Mircea Geoana, stated on Friday morning, at the end of the meeting with general manager of Nokia factory in Jucu (Cluj County, center-west) John Guerry, that it is crucial for Romania to help the big transnational companies, given that at present Romania is facing a [...]
Continuă să citeşti...Four PSD MEPs ask questions in EC about the measures it has taken in connection with the situation of the Romanians in Italy
21 februarie 2009
The MEPs of the Social Democratic Party (PSD) Daciana Sarbu, Ioan Mircea Pascu, Corina Cretu and Sorin Antochi submitted, on Friday, a written question to the European Commission on the latter's measures in connection with the xenophobic and discriminatory measures taken against the Romanians in Italy, said a press release. The MEPs ask [...]
Continuă să citeşti...CSM Chairman: Violations by magistrates are isolated cases
21 februarie 2009
Chairman of the Supreme Council of Magistrates (CSM) Virgil Andreies on Friday called on the media, politicians and the public bodies to convey messages of trust in the judiciary, arguing that the violations by magistrates are nonetheless isolated and do not justify pointing a blaming finger at the entire system. 'I believe the [...]
Continuă să citeşti...Romania is consistently meeting its obligations pledged to NATO
21 februarie 2009
Romanian Defence Minister Mihai Stanisoara told an informal meeting on Friday in Krakow of NATO defence ministers that Romania is consistently meeting its obligations pledged to NATO, highlighting Romania's support for the agenda of NATO transformations, reads a release issued by the Romanian Defence Ministry. The meeting was aimed at analysing the NATO operational [...]
Continuă să citeşti...Spanish investors continue to be interested in Romanian market (official of Romania’s Embassy to Madrid)
21 februarie 2009
The Spanish investors are still interested in the Romanian market and their investments in Romania have increased at an accelerated pace, during the last three years, said Minister Advisor at the Economic Department of Romania's Embassy in Madrid Constantin Ene. Evidence of this is the 5-time increase in the value of the capital the [...]
Continuă să citeşti...MP Borbely to attend Black Sea conference
21 februarie 2009
Chairman of the Committee on Foreign Policy of the Romanian Chamber of Deputies Laszlo Borbely will attend, February 23-24, a conference in Athens on regional integration and equitable economic growth in the Black Sea, organised by the Greek Government and the World Bank. The Chamber of Dpeuties says in a press release issued [...]
Continuă să citeşti...There are no ongoing loan talks between Romania and WB
21 februarie 2009
There are currently no talks underway for Romania to raise a loan from the World Bank, World Bank senior economist with the World Bank Office in Bucharest Catalin Pauna said on Friday. 'The recent visit to Bucharest of the World Bank Director for the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, the Slovak [...]
Continuă să citeşti...Romania accepts repatriation of Romanian immigrants in Italy who have been issued final sentences from Italian courts, only
21 februarie 2009
Romania can accept the repatriation of Romanian immigrants in Italy who committed crimes in that country, only if they have been issued final sentences by the local justice, said, on Friday, Romanian minister for Foreign Affairs Cristian Diaconescu, quoted by AFP. "We have an agreement with Italy, stipulating that the repatriation is possible [...]
Continuă să citeşti...Romanian consul in Turin recalled for clarifications
21 februarie 2009
Romanian consul in Turin Iulia Buje has been recalled to Bucharest to clarify her statement that Italian Interior Minister Roberto Maroni made a phone call to the Romanian Consulate to request information about the regulation of the situation of some people employed by him in 1998-2000, the Romanian Foreign Ministry reports in a press [...]
Continuă să citeşti...Parliament passes healthcare insurance budget
21 februarie 2009
Parliament has passed today the budget of the single national healthcare insurance fund at a plenary vote session, 214 to 62 and three abstentions, rejecting all amendments. Opposition National Liberal Party (PNL) MP Eugen Nicolaescu, a former health minister, argued that the amounts for the fund in 2009 are smaller than in 2008, warning [...]
Continuă să citeşti...Eighteen projects in Romania-Bulgaria cooperation programme
21 februarie 2009
Eighteen projects have been selected to be financed, during the meeting of the Joint Selection Committee on the Romania-Bulgaria 2007-2013 Cross-border Cooperation programme, organized on Feb 19, 2009, Ministry of Regional Development and Housing (MDRL) sources announced on Friday. 'I hope the programmes selected today in the framework of the Romania-Bulgaria Programme will [...]
Continuă să citeşti...Romania will feel the global economic crisis, says FinMin Pogea
21 februarie 2009
Romania will feel the effects of the ongoing global economic crisis, as the Government spending will reduce because of diminishing revenues, Finance Minister Gheorghe Pogea said on Friday. 'Romania is not in some crystal globe insulated from the European economy. It will feel an indirect impact as a result of contracting markets that will [...]
Continuă să citeşti...Cotnari wines win most medals in Chisinau
21 februarie 2009
The wines made by the Romanian SC Cotnari have won ten medals, four of gold, at the Chisinau Wines & Spirits Contest 2009, at the ExpoVin Moldova 2009. Thus, SC Cotnari wine maker becomes this year the company winning the largest number of medals in the Contest organized in the capital city of the [...]
Continuă să citeşti...Erste Bank needs no financing from Romanian State, Andreas Treichel says
21 februarie 2009
Erste Bank obligations in Central and Eastern Europe is a long-run project and the Bank's financial situation allows it to support its projects and commitments in the area, Erste Bank Chairman of Board Andreas Treichl said in a statement sent to Agerpres on Friday. Together, Erste Group and the Banca Comerciala Romana (BCR) will [...]
Continuă să citeşti...Outlines of 2009 Budget
21 februarie 2009
Parliament has passed today, 245 to 63 and one abstention, the draft 2009 Budget. The Budget passed by open vote, after four-day debates and the approval of only one amendment tabled by the opposition National Liberal Party (PNL). The 2009 Budget provides for revenues of RON 75.7 billion (13.07 percent of the Gross Domestic [...]
Continuă să citeşti...PM Boc: ‘The 2009 Budget should continue with rigorous execution’
21 februarie 2009
The 2009 Budget has started off with a political success, but it should continue with rigorous execution, Prime Minister Emil Boc told a plenary session of Parliament on Friday. 'There is no single response to the economic crisis facing us now. Yet we know some things that have proved viable in times of crisis. [...]
Continuă să citeşti...Romanian press review
21 februarie 2009
The Romanian dailies on Friday carry reports, commentaries and analyses on economic and financial issues, with the main topics referring the effects of the cut first car registration tax on the auto market, the prospects for the development of balneal tourism, a new financial investment company (SIF) set up on the basis of minority [...]
Continuă să citeşti...Twenty-fifty companies from 15 countries enter Modexpo
21 februarie 2009
Some 150 companies will participate, Feb 19-22, in the 14th edition of an exhibition of textiles, clothes, leather, leatherwear, furs, footwear Modexpo, reads a press release of Romexpo. "Companies from 15 countries, Belgium, Bulgaria, Egypt, Germany, Greece, India, Italy, Morocco, Nigeria, Poland, Romania, Senegal, Spain, Turkey and Hungary come to Romexpo to materialize their [...]
Continuă să citeşti...President Basescu meets new ambassadors of Bulgaria and Vietnam
21 februarie 2009
President Traian Basescu received on Wednesday, at Cotroceni Palace, the Ambassador Extraordinary and Plenipotentiary of the Republic of Bulgaria, Valentin Radomirski, on the occasion of the presentation of letters of credence, and the Ambassador of the Socialist Republic of Vietnam to Romania, Nguyen Quang Chien, on the occasion of his official accreditation, the Presidential [...]
Continuă să citeşti...Pogea proposes presentation of general consolidated budget in Parliament
21 februarie 2009
Public Finance Minister Gheorghe Pogea proposed the presentation of the general consolidated budget in Parliament, for a better coordination of resources. "I commit myself to present the general consolidated budget and the development policies in order to better coordinate the resources. It the budget were presented, including the state budget and all the other [...]
Continuă să citeşti...Blue Air to conclude 35-year lease for Bacau Airport
21 februarie 2009
Blue Air Company is to conclude on Thursday a 35-year lease for Bacau Airport (east), going to invest 42 million euros during that period, this being the first leasing contract involving an airport in Romania. The Romanian air operator is the only one which submitted an offer for the leasing of Bacau "George Enescu" [...]
Continuă să citeşti...UNFPA director visits Romania
21 februarie 2009
Head of the regional office of the United Nations Population Fund (UNFPA) in Eastern Europe and Central Asia Thea Fierens will pay, Feb 19-21, an official visit to Romania. The purpose of the visit is getting familiar with the activities carried out by UNFPA in Romania, as part of a country programme concluded with [...]
Continuă să citeşti...President Basescu discusses economic crisis and minorities’ state with Hungarian state official Szili
21 februarie 2009
Assessing the consequences of the economic crisis, the state of the ethnic minorities of Romania and Hungary and bilateral cooperation projects were among the topics discussed on Wednesday by Romanian President Traian Basescu and Chair of the National Assembly of Hungary Szili Katalin, the President's Press Office reports. While approaching bilateral economic cooperation projects, [...]
Continuă să citeşti...Art created by The Third Estate in Wallachia between 1720  1820
21 februarie 2009
The art, the Third Estate created in Wallachia over 1720 – 1820 has a medievalizing folkloric style, although it belongs to the early modern epoch, historian Razvan Theodorescu told a news conference held in the Romanian Academy's Council Hall, on Wednesday.This ‘profoundly democratic' art, dominated by oralty and decorativeness, represents an unprecedented phenomenon in [...]
Continuă să citeşti...MPs resume debates on budget
21 februarie 2009
The Romanian parliamentarians have resumed the debates on the Law on the state budget draft for 2009 and that on the social security entitlements, at 9:30 A.M, on Thursday, after an eight-hour break, talking into account that the talks on the topic were interrupted at 1 A.M. The Liberal MPs resumed the endorsement of [...]
Continuă să citeşti...Shepherds can further sell produce in markets
21 februarie 2009
Shepherds and small producers can further sell their produce in the markets, Order 111 provisions on the need to register their activities in the Trade Registry and ban on their sale in the markets going to be eliminated. "Order 111 is not repealed, just some articles referring to the banning of produce sale in [...]
Continuă să citeşti...Economy Minister Adriean Videanu attends first EU ministerial meeting on energy after gas crisis
21 februarie 2009
Romanian Minister of Economy Adriean Videanu takes part on Thursday, in Brussels, in the first meeting of the EU ministers of energy after the gas crisis between Ukraine and Russia, at this year-start. The European energy ministers meet on Thursday for debates on natural gas and oil issues, the European Commission informs in a [...]
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21 februarie 2009
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