Arhivă lunară | mai, 2010
Mugur Isarescu: Increasing taxes would deepen recession
Romanian National Bank (BNR) governor Mugur Isarescu believes that increasing taxes would only deepen the economic recession and that it would be an ineffective method to reform expenditure. „Increasing taxes would only exacerbate the recession, both by reducing consumption, as well as by discouraging investments. Such an increase would be ineffective in the absence of [...]
Continuă să citeşti...Actor Jean Constantin dies at 81
27 mai 2010
Actor Jean Constantin died at the age of 81 on Wednesday in Constanta (southeastern Romania). A Romanian actor of Greek origins, Jean Constantin was born in Techirghiol (Constanta County), on August 21, 1928. He graduated from the Theatrical and Cinema Arts Institute, his performances always enjoying great popularity, both in music hall theatre (monologues, vaudevilles), [...]
Continuă să citeşti...PM Boc: Romania’s debt level is lower than that of other countries
27 mai 2010
Romania has a lower debt level than other countries, but it struggles with severe economic difficulties because of its budget deficit, Prime Minister Emil Boc on Wednesday said. „We can easily lead the country to a level of indebtedness higher than any limit admissible, but what I do not know is where to find then [...]
Continuă să citeşti...PM Boc welcomes Bavaria’s PM Seehofer
27 mai 2010
Prime Minister Emil Boc on Wednesday welcomed Prime Minister of Germany’s Bavaria land Horst Seehofer, at the Government House in Bucharest, to discuss economic issues, trade and cooperation in the provinces of energy, education, tourism and cultural heritage. ‘We discussed economic issues related to cooperation between Romania and Germany and Romanian and Bavaria in terms [...]
Continuă să citeşti...President Basescu, PM Seehofer discuss boosting Romania’s absorption of European grants
27 mai 2010
At a meeting on Wednesday with visiting Prime Minister of Germany’s Bavaria land, President Traian Basescu said Romania wants to intensify bilateral cooperation with Germany in order to boost Romania’s capacity to absorb more European funds. ‘We acutely need cooperation with you, not just the Bavaria land, but also with all the German lands, because [...]
Continuă să citeşti...CNSLR Fratia chairman: The May 31 all-out strike will involve the education sector and public administration
27 mai 2010
The May 31 all-out strike will involve the education sector and the public administration and it will be for an indefinite time, Chairman of the CNSLR Fratia national confederation of free trade unions Marius Petcu said on Wednesday. He added that the May 31 strike will be a solidarity strike as well supported by other [...]
Continuă să citeşti...Wages at companies where Gov’t is shareholder, amended under Gov’t decision
27 mai 2010
The wages at the companies where the Government is a major or minor shareholder will also undergo cuts, but the cuts will be enforced under a Government decision and not under the legislation for which the Government assumes responsibility. „The wages at the companies where the state is a shareholder are not mentioned in the [...]
Continuă să citeşti...Romanian President Traian Basescu meets CIA Director
27 mai 2010
Romanian President Traian Basescu on Wednesday received, at the Cotroceni Presidential Palace, a delegation of the Central Intelligence Agency (CIA) of the United States, led by Leon Panetta, Director of this institution, informs a press release of the Presidential Administration. „The discussions, attended also by the chiefs of the Romanian Intelligence Service and of the [...]
Continuă să citeşti...BNR’s Isarescu: Romania’s Government deficit tends toward 10pc of GDP
27 mai 2010
Romania’s Government deficit was 8.3 percent of the Gross Domestic Product (GDP) in 2008 and it is tilting toward 10 percent, according to data presented on Wednesday by Governor of the National Bank of Romania Mugur Isarescu at a financial forum in Bucharest. Romania’s external deficit dropped in 2009 to 4.5 percent of the GDP [...]
Continuă să citeşti...BNR’s Isarescu: Romania’s Government deficit tends toward 10pc of GDP
27 mai 2010
Romania’s Government deficit was 8.3 percent of the Gross Domestic Product (GDP) in 2008 and it is tilting toward 10 percent, according to data presented on Wednesday by Governor of the National Bank of Romania Mugur Isarescu at a financial forum in Bucharest. Romania’s external deficit dropped in 2009 to 4.5 percent of the GDP [...]
Continuă să citeşti...Gov’t to pledge responsibility for two draft laws
27 mai 2010
The Government will pledge responsibility before Parliament for two draft laws: one to restore budgetary balance and one to establish measures for the public pension system, Prime Minister Emil Boc said on Wednesday. ‘We have decided that the procedure to use to enforce the measures unveiled by us is by Government assuming responsibility before Parliament. [...]
Continuă să citeşti...BNR governor Mugur Isarescu: Economic policies were inappropriate
27 mai 2010
Romanian National Bank (BNR) governor, Mugur Isarescu, on Wednesday said that in Romania the economic policies were inappropriate, after the outburst of the economic crisis. „Ever since the crisis emerged, economic policies were inadequate. The economic and fiscal policies in Romania were pro-cyclical policies,” said Isarescu. He showed that, in exchange, the monetary policy was [...]
Continuă să citeşti...BNR Governor: Romania has no financially sustainable social programme
27 mai 2010
Romania has no financially sustainable social programmes, as the legislation in the field of social security discourages economic initiative and encourages tax evasion, Governor of the National Bank of Romania (BNR) Mugur Isarescu said on Wednesday, at the Financial Forum in Bucharest. „We have social programmes that are not financially sustainable. We highlighted that Romania [...]
Continuă să citeşti...PM Boc: Minimum wage stays at RON 600 and minimum pension at RON 350
27 mai 2010
The ruling coalition decided on Wednesday that the minimum industrial wage will stay at RON 600 and the social pension will still be RON 350 after the enforcement of the austerity measures proposed by the Government, said Prime Minister Emil Boc. He explained that no wage will go below RON 600 and no pension will [...]
Continuă să citeşti...Nouriel Roubini: Raising taxes on short-term could trigger negative effects in economy
27 mai 2010
Raising taxes on short term could trigger negative effects, which could result in prolonging the recession, American economist, Nouriel Roubini, who was among those experts who had anticipated the current global downturn, told the Financial Forum in Bucharest. Raising taxes on short term could have negative effects, which could prolong the recession. If the GDP [...]
Continuă să citeşti...BNR Governor Isarescu: Romania’s short-term external debt has reached 20 billion euros
27 mai 2010
Romania has over the past years recorded economic growth that was greatly sustained by the accumulation of misbalances, when the short-term external debt of Romania reached 20 billion euros, Governor of the National Bank of Romania Mugur Isarescu told a financial forum in Bucharest on Wednesday. ‘Romania had ten years of economic growth, from autumn [...]
Continuă să citeşti...Gov’t assumes responsibility for two bills
27 mai 2010
The government will assume responsibility in Parliament on two bills, one on restoring budget balance and the other on the establishment of measures relating to pensions, Prime Minister Emil Boc on Wednesday announced. „We decided that the procedure by which to implement the austerity measures to be government assuming responsibility,” said the Premier, following the [...]
Continuă să citeşti...Nouriel Roubini: Growth of developed economies is weak with fiscal pressures in Eurozone
27 mai 2010
The growth in the developed economies will be weak, there will be a U-shaped recovery, and the emergent markets will witness a V-shaped recovery, economist Nouriel Roubini told the 2010 Financial Forum in Bucharest on Wednesday. He said that the world was divided and had a couple of dimensions. The first one refers to the [...]
Continuă să citeşti...11.84 percent of OMV Petrom shares might be put up for sale
27 mai 2010
The Ministry of Economy, Trade and the Business Environment (MECMA) might put up for sale a package of 6,706,662,427 shares accounting for 11.84 percent of the share capital of SC OMV Petrom, according to a draft resolution published on the MECMA site. According to the substantiation note, the share package that can be put up [...]
Continuă să citeşti...Nouriel Roubini: Economic growth in euro zone could be negative, given European currency depreciation
27 mai 2010
The economic growth in euro zone will be zero, or even negative and the euro could drop further, a needed thing to see competitiveness returning in the region, stated on Wednesday American economist Nouriel Roubini, present in the Financial Forum 2010, in Bucharest. It is a start of the economic recovery. The economic growth in [...]
Continuă să citeşti...Nouriel Roubini: Romania had economic contraction below EU expectations
27 mai 2010
American economist Nouriel Roubini, present in Bucharest, considers that the austerity measures in times of crisis must be taken in a progressive manner and said that Romania had an economic contraction below the European Union expectations. Romania’s contraction and economic recovery was worse than the EU expected, even though the international community proved flexibility to [...]
Continuă să citeşti...Romania holds 28th place in FIFA ranking
27 mai 2010
Romania’s national football team ranks 28th, with 853 points, in the May ranking published on Wednesday by the International Federation of Football Association (FIFA). The first 9 places remained unchanged, Brazil ranking first, followed by Spain and Portugal. Ukraine, Romania’s opponent in the friendly football match on Saturday, ranks 23rd, two places upwards. Macedonia, which [...]
Continuă să citeşti...Bruynseels (BCR): Corporate lending to generate economic recovery in Romania
27 mai 2010
Economic growth in Romania will be the result of corporate lending and programmes as „First house”, said on Wednesday CEO of Romanian Commercial Bank Dominic Bruynseels, present in the Financial Forum. Corporate lending and programmes as „First house” will lead to Romania’s economic growth. The „First house” programme has attained its goal, said Dominic Bruynseels. [...]
Continuă să citeşti...Institute for Innovation and Development Projects launches post-crisis report
27 mai 2010
Executive manager of the Institute for Innovation and Development Projects (IPID) Calin Georgescu said that we needed a true dialogue and a national reconciliation, as the polarization between the rich and the poor leads to the idea that solidarity cannot be built as ordered. ‘The power of knowledge, capital and labour makes us believe Romania [...]
Continuă să citeşti...Romanian Trade Promotion Center to be opened in Chisinau by 2010-end
27 mai 2010
A Romanian Trade Promotion Center, in public-private partnership, is to be opened in Chisinau by the end of 2010, according to a release of the Romanian Ministry of Economy, Trade and Business Environment (MECMA). The trade promotion center is to be set up in order to lead to a steady presence of the Romanian economic [...]
Continuă să citeşti...Germany invests in Continental, Timisoara
27 mai 2010
German MP Susanne Kastner, former Bundestag vice-president, during a meeting on Tuesday at the Administrative Palace in Timisoara (western Romania) with chairman of the County Council Constantin Ostaficiuc and prefect Mircea Bacala, voiced hope that the German businessmen would continue to invest in Timisoara, by expanding the factory belonging to the Continental business concern. ‘I [...]
Continuă să citeşti...BCR: Parent banks try to preserve exposure as much as possible in Romania
27 mai 2010
Parent banks try to preserve their exposure in Romania as much as possible as in this state the risk is not very big, chief executive of the Romanian Commercial Bank (BCR) Dominic Bruynseels told the Financial Forum on Wednesday. Banks try to preserve their exposure in Romania as much as possible. In Romania the risk [...]
Continuă să citeşti...Basescu: We wait for EU approval and then launch tenders for Units 3 and 4 at Cernavoda
27 mai 2010
Romania waits for the European Union’s approval in order to launch the tenders for the execution of Units 3 and 4 of the Cernavoda plant, President Traian Basescu told a meeting with Italian businessmen on Tuesday. ‘Cernavoda Units 3 and 4 represent one of the possible investments to be made by the Italian businessmen in [...]
Continuă să citeşti...Insurance market, down by 5.29 pct in Q1
27 mai 2010
Insurance market in Romania concluded the first quarter of 2010 with a volume of gross premiums of 2.29 billion lei (some 420 million euros), down by 5.29 percent compared to the same period of last year, according to the preliminary data released by the Insurance Supervisory Commission (CSA), presented within the insurance Forum FIAR 2010. [...]
Continuă să citeşti...Traian Basescu: Drawback of IMF proposed version involves keeping state budget cancer
27 mai 2010
President Traian Basescu stressed on Tuesday evening, in a press declaration that, following talks with the Government and Romania’s National Bank, the International Monetary Fund (IMF) version was rejected, the head of state appreciating that it would have meant to maintain the cancer of the state budget of the country. „Following discussions with the Government [...]
Continuă să citeşti...Cultural Merit Order for president of Polish Institute
27 mai 2010
The Cultural Merit Order, in rank of Grand Officer, was conferred to president of the Polish Institute in Romania Jaroslaw Godun, according to a decree signed by President Traian Basescu, which was published in the Official Gazette on Tuesday. The order was conferred at the suggestion of the president of the Romanian Cultural Institute „as [...]
Continuă să citeşti...Basescu: Romania to continue to regulate gas price during crisis
27 mai 2010
Romania will continue to regulate natural gas price during the economic crisis, so that the country’s citizens are protected, announced on Tuesday, May 25, President Traian Basescu, on the occasion of a meeting with Italian businessmen. „The price of gas will continue to be regulated at least on the duration of the economic crisis, in [...]
Continuă să citeşti...Deputaţilor li s-a tăiat plafonul pentru cazare cu 50%, iar indemnizaţiile se reduc cu 25%
26 mai 2010
Conducerea Camerei a decis miercuri (26 mai 2010) reducerea cu 50% a plafonului acordat lunar pentru cazarea la hotel a unui deputat, până la nivelul a 4 mii de lei, aleşii urmând a suporta şi reduceri cu 25% pentru indemnizaţie, suma forfetară sau diurnă. “Toate preţurile pe care Camera le va plăti la hoteluri, indiferent [...]
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Care sunt taxele de şcolarizare la universităţile ieşene
26 mai 2010
În timp ce unele universităţi au păstrat taxele de şcolarizare la nivelul celor de anul trecut, altele aşteaptă aprobarea Legii Învăţământului pentru a vedea care va fi plafonul maxim până la care vor putea majora aceste taxe. Până în prezent, doar Universitatea „Al.I. Cuza” a stabilit taxele pentru anul universitar 2010-2011. Pentru cea mai veche [...]
Continuă să citeşti...Modelul reducerilor impus de guvern începe să fie urmat şi în mediul privat
26 mai 2010
Mecanismul reducerilor salariale impus de guvern este unul care vrea să genereze la nivelul întregii economii şi societăţi româneşti o politică salarială, iar acest model este deja transformat în realitate în mediul privat, a declarat miercuri (26 mai 2010) liderul Blocului Naţional Sindical (BNS), Dumitru Costin, la sediul Consiliului Economic şi Social (CES). “Am atras [...]
Continuă să citeşti...Aproximativ 1 milion de persoane vor avea pensie minimă
26 mai 2010
Aproximativ un milion de persoane se vor afla în situaţia de a primi pensia minimă, în valoare de 350 de lei, după ce vor fi aplicate măsurile de reducere a cheltuielilor, pe care Guvernul îşi va asuma răspunderea, a declarat miercuri (26 mai 2010) preşedintele UNPR, Marian Sârbu. El a precizat, la finalul întrevederii de [...]
Continuă să citeşti...Tariful de transport al gazelor naturale va creşte cu circa 10% la 1 iulie 2010
26 mai 2010
Tariful de transport al gazelor naturale va creşte de la 1 iulie 2010 cu circa 10 la sută, de la 7,5 lei la 8,25 lei pe megawatt oră, potrivit informaţiilor publicate de Transgaz Mediaş privind bugetul de venituri şi cheltuieli pentru anul 2010. Operatorul sistemului naţional de transport trebuie să recupereze, prin tarife, suma de [...]
Continuă să citeşti...NOUTĂŢI ÎN STRUCTURA FIRMELOR – 26 mai 2010 (2295)
26 mai 2010
În MONITORUL OFICIAL, partea a IV-a, numărul 2295 din 26.05.2010 au fost publicate acte juridice referitoare la următorii agenţi economici: ACTIVVET PHARM AGRANA BUZĂU ANDREEA ATX BUILDING ANTREPRIZA STRUCTURI ASIRI INTERNATIONAL Asociatia Natională a Evaluatorilor din România (ANEVAR) ASTRAL TRADING BANCPOST BEST SALE BOBO TRANZIT EXPEDITIONE BROMFIL ECO BRYGEL TOP BURHALĂ COM CASA MONTEORU CEZARA [...]
Continuă să citeşti...NOUTĂŢI ÎN STRUCTURA FIRMELOR – 26 mai 2010 (2294)
26 mai 2010
În MONITORUL OFICIAL, partea a IV-a, numărul 2294 din 26.05.2010 au fost publicate acte juridice referitoare la următorii agenţi economici: A1 DESIGN ACTIV DISTRIBUTION 2000 AGRICOVER AGROSUIND COM ANDREDY PHARMA-SAN ARECO EXIM ARTA FARM IMPEX ASTORIA AUGSBURG INTERNATIONAL IMPEX AUTO ROM AVICOLA GAESTI BANCA COMERCIALĂ ROMÂNĂ BRD SOGELEASE ASSET RENTAL BRD SOGELEASE IFN CARE CONSULT [...]
Continuă să citeşti...Scrisoarea de intenţie către FMI, aprobată de Guvern
26 mai 2010
Guvernul a aprobat, în şedinţa de miercuri (26 mai 2010), Scrisoarea de intenţie către Fondul Monetar Internaţional şi Memorandumul Suplimentar de înţelegere dintre Uniunea Europeană şi România. “Am ales această soluţie, în primul rând, pentru a nu sufoca suplimentar mediul economic”, a declarat, la finalul şedinţei premierul Emil Boc, justificând decizia Guvernului de a aplica [...]
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27 mai 2010
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