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Exemption from tax of reinvested profit has budget impact estimated at 137.5 million lei in 2014

24 aprilie 2014

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The exemption from tax of the reinvested profit, a measure taken by the Government through the emergency ordinance, has a budget impact estimated at 137.5 million lei in 2014, reads a release sent by the Ministry of Public Finance. According to the emergency ordinance, businesses will be totally exempted from paying the tax on the [...]

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Gov’t sets up Department for Privatisations and State Shareholdings Administration

24 aprilie 2014

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The Government on Wednesday passed an emergency ordinance establishing the Department for Privatisations and State Shareholdings Administration, the Government’s Press Office reports. The measure was taken in order to increase efficiency of privatisations, develop the business of Government-run companies under profitability conditions, exercise the rights and meet the obligations arising from the Government’s shareholdings in [...]

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PSD’s Geoana: We are anticipating the Russian Federation intensifying its actions

24 aprilie 2014

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Senator Mircea Geoana of the Social Democratic Party (PSD), major at rule, said Wednesday at Parliament Palace that the Russian Federation intensifying its actions is being anticipated, as the date for the signing of association agreements and free trade agreements between the European Union, on the one side, and Moldova, Georgia and Ukraine, on the [...]

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Ponta: Gov’t approves GEO on tax exemption on reinvested profit and eliminates 70 taxes

24 aprilie 2014

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Gov’t at its Wednesday session will approve the Emergency Ordinance on the tax exemption on reinvested profit and elimination of more than 70 taxes, Prime Minister Victor Ponta made the announcement. ‘We have all the approvals that we need. Today we are adopting the Emergency Ordinance on the tax exemption on the reinvested profit, to [...]

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Basescu: Do not “bring” Victor Ponta, a man dependent on barons, to Cotroceni Palace

24 aprilie 2014

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President Traian Basescu sent on Wednesday to Romanians, through Adevarul Live, the message “not to bring” PSD leader Victor Ponta to Cotroceni Palace, saying that he is “dependent on barons.” “I tell Romanians, as message: Do not bring to Cotroceni Palace a man who is dependent on barons, because the country will be run by [...]

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Corlatean to participate in EU-Africa Ministerial Meeting

1 aprilie 2014

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Minister of Foreign Affairs, Titus Corlatean, on Tuesday participates in the EU-Africa Ministerial Meeting, which is held in Brussels ahead of the European Union-Africa Summit scheduled for Wednesday and Thursday. The diplomatic office in Bucharest informed, in a press release, that the meeting, to be co-presided by the High representative of the EU, Catherine Ashton, [...]

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President Basescu: Disengagement of Russian forces at Ukrainian border a good sign

1 aprilie 2014

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President Traian Basescu on Monday declared that the disengagement of the Russian forces at the Ukrainian border is a first sign of relaxation in the region; he underlined, however, that this good sign should not diminish the attention to the possible events in this region, as the Russian Federation has proven its unpredictability. ‘I wish [...]

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Romanian Intelligence Service Director: Rather troubled times ahead for regional security

1 aprilie 2014

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A future president of Romania would have to carefully round up a national security team, as ‘rather troubled times are coming for regional security, with impact on national security’, Romanian Intelligence Service (SRI) Director George Maior said on Sunday night at the B1 TV station. He mentioned the situation in Ukraine and Russia’s intervention in [...]

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Basescu: Critical moments such as Ukraine crisis are key-moments proving NATO relevance

1 aprilie 2014

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Such critical moments as the one represented by the Ukraine crisis are key-moments when NATO proves its relevance, President Traian Basescu on Monday stated, at the ceremony celebrating ten years since Romania joined the North Atlantic Treaty Organisation, held at the Cotroceni Palace. The recent events in Ukraine, during which the independence and the territorial [...]

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Maior: Corruption is a threat to national security

1 aprilie 2014

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Corruption is a threat to national security, a serious thing, which, if not combatted, creates serious problems to a modern state wanting to provide its citizens security and prosperity, Romanian Intelligence Service (SRI) Director George Maior said on B1 TV private television channel on Sunday evening. ‘In the first place, I did not say that, [...]

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Basescu: Crimea referendum, illegal; Romania does not recognise its outcome

17 martie 2014

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Romania’s President Traian Basescu says the Crimea referendum is illegal, pointing to the fact that Romania does not recognise the outcome of the plebiscite, the Presidential Administration reports in a press release. ‘Romania believes the ongoing referendum in Crimea is illegal and will not recognise its outcome, given that the Constitutional Court of Ukraine has [...]

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Nita: Boosting economic cooperation between Romania, Georgia in energy, necessary

17 martie 2014

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Economy Minister Constantin Nita considers the boosting of economic cooperation between Romania and Georgia in energy to be necessary, having in view the implementation of some joint projects of natural gas transport from the region to the European markets. “One of the Romania’s strong suits is the expertise and experience of Romanian specialists, a fact [...]

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Romania’s CS Universitatea Alba Iulia wins Central European Women’s League

17 martie 2014

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CS Universitatea Alba Iulia team won for the first time the Central European Women’s League of basketball, as they defeated in the final title holder Universitatea Goldis ICIM Arad 69-59 (23-21, 17-15, 12-14, 17-9), on Sunday in Alba Iulia. This is the first trophy in the winning team’s tally. Universitatea Goldis ICIM is the winner [...]

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2nd SEECP working group held under Romanian chairmanship-in-office

17 martie 2014

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The Palace of Parliament in the Romanian capital hosted on Sunday the meeting of the second working group of the participating states in the South-East European Cooperation Process (SEECP) held under the Romanian chairmanship-in-office, a release informs. The meeting is organized with a view to laying the groundwork for the opening session of the SEECP [...]

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The Ministry of Finances is not interested in introducing tax amnesty, but in a sustainable elimination of tax evasion

17 martie 2014

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Ministry of Public Finances, Ioana Petrescu, on Saturday stated that she didn’t intend to introduce fiscal amnesty, since the collection will only record a temporary growth that way, on a short term, but what she wanted was to eliminate tax evasion in a sustainable way, primarily through voluntary compliance. I have no intention to introduce [...]

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Ponta pays two-day visit to Georgia, stopping first in Chisinau to discuss with Iurie Leanca

14 martie 2014

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Prime Minister Victor Ponta on March 14 and 15 is paying a two-day visit to Georgia, which is the first official visit at Head of Government level of Romania to this country. According to a press release the Government sent to Agerpres, before leaving for Georgia, Victor Ponta will go to Chisinau, where he will [...]

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Tennis: Simona Halep leads WTA ranking with 57 match wins since last May

14 martie 2014

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Romania’s tennis player Simona Halep has amassed 57 match wins in the WTA women’s professional tennis circuit, topping a WTA ranking for the last ten months, published on Thursday on the WTA website. Halep outclasses world No. 1 Serena Williams (51 wins) and Polish Agnieszka Radwanska (48 wins). Halep is to play against Radwanska on [...]

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Museum of Peasant gets GADIF distinction for contribution to promoting French language

14 martie 2014

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The Museum of the Romanian Peasant (MTR) in Bucharest on Thursday received the GADIF (Group of French Speaking Embassies, Delegation and Institutions) distinction for promoting the Francophonie in Romania as a sign of recognition of the institution’s contribution to promoting multilingualism. GADIF president Benoit Rutten, a delegate of Wallonia-Brussels in Bucharest, Switzerland’s Ambassador Jean-Hubert Lebet [...]

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Specialists’ opinion: The Destroyer that brings peace – Bogdan Chirieac

14 martie 2014

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The USS TRUXTUN destroyer that recently arrived in the Constanta Port almost seems to have magical powers in Romania: it brings plenty of peace. It is thanks to it that we have now the Ponta III Cabinet, and we owe it the fact that the violent manifestations in Targu Mures (central Romania) were scuppered by [...]

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SRI: Intra-Community trading of spoiled meat products prejudice national security

14 martie 2014

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Intra-Community trading of spoiled meat products prejudice national security, the inquiry file drafted by the Directorate for the Investigation of Organized Crime and Terrorism (DIICOT) garnering the support of the Romanian Intelligence Service (SRI), the latter initiating the action to combat the criminal acts since last year, said Sorin Sava, the spokesperson for SRI in [...]

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Antonescu: Traian Basescu is last man who could be our ally

28 februarie 2014

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The National Liberal Party (PNL) leader Crin Antonescu said on Thursday that the Romanian head of state Traian Basescu is ‘the last man’ who could be the Liberals’ ally. ‘We have not forged and will never forge any kind of written or unwritten cohabitation pact with Traian Basescu. We, the PNL had an alliance with [...]

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Carol Park restoration on Norwegian grants approved by Bucharest municipality

28 februarie 2014

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The heritage of the Bucharest ‘Carol’ Park will be restored on Norwegian grants, by the participation of the municipality in a project worth 2 million euros. City councilors adopted on February 27 a decision approving the participation of the Capital in the project “Conservation and revitalization of the Carol Park natural and cultural heritage” by [...]

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Rasnov Complex to host first ever FIS Ski Jumping World Cup competition in Romania

28 februarie 2014

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As many as 46 female athletes from Japan, Germany, Russia, Slovenia, Norway, Austria, France, Italy, the USA, Switzerland, the Czech Republic, Finland and Romania have registered to compete in the FIS Ski Jumping World Cup Ladies Rasnov 2014 competition, which will take place as a first in Romania, March 1-2, at the ski jumping complex [...]

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Cismigiu Park heritage, to be revitalized on Norwegian grants

28 februarie 2014

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The heritage of the Cismigiu Park of Bucharest will be revitalized on Norwegian grants, through the participation of the Capital City Hall in a project worth 2 million euros, after the municipal councillors in the meeting on Thursday adopted a draft resolution in this respect. ‘We hereby approve the participation of the Municipality of Bucharest [...]

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Basescu: Visa liberalization and Agreement of Vilnius initialling prove justness of Moldovan authorities’ pro-European commitment

28 februarie 2014

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Romania’s President Traian Basescu hails the European Parliament’s vote in favour of removing the visa regime in the European Union (EU) space applicable to the citizens of the Republic of Moldova and voices his confidence that the member states’ governments will formalize as soon as possible the agreement in the Council of the European Union, [...]

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Ponta welcomes EP positive vote on liberalisation of short-term visas for Moldovan citizens

28 februarie 2014

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Romanian Prime Minister Victor Ponta welcomes the positive vote given on Thursday in the European Parliament for the liberalisation of short-stay visas for the citizens of the Republic of Moldova holding biometric passports. At the same time, the Romanian Prime Minister voices his confidence in the fast conclusion of EU procedures, so that the citizens [...]

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Romania collects over 300 million euros of European funds in one day

25 februarie 2014

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Romania collected another 304.6 million euros in one day from European funds after, on February 20, it collected more than 830 million euros, which is ‘a new performance,’ the Ministry of European Funds (MFE) reports in a press release. ‘Thus, the total sum of money that was paid back in the two days amounts to [...]

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Local company launches first-of-its-kind mineral water with fibres in Europe

25 februarie 2014

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A company from the county of Covasna (central Romania) has launched the first-of-its-kind soft drink containing mineral water from the Valcele area and gluten free fibres extracted from roots of chicory on the European market. Wega Invest manager Silviu Manole told Agerpres on Monday that this beverage was recommended for people suffering from gluten intolerance, [...]

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MAE: Ukraine must maintain minorities’ rights protection to remain set on European path

25 februarie 2014

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Ukraine must maintain the national minorities’ rights protection to remain set on its European path, Romania’s Foreign Ministry (MAE) reported in a press release issued on Monday. MAE points out it is watching with increased attention the decisions of the new authorities of Kiev, especially those concerning the redefinition of the normative framework through the [...]

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PNL’s Iohannis: Negotiations for Gov’t reshuffle fail

25 februarie 2014

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The First Deputy Chairman of the National Liberal Party (PNL), partner in the ruling Social Liberal Union (USL), Klaus Iohannis, has announced that the negotiations inside the USL concerning the government reshuffle failed. ‘In early February, the PNL leadership started to question our situation in the Government. There were certain events that occurred and led [...]

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Chairman Antonescu: In Romania there is stability even if Gov’t changes

25 februarie 2014

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Chairman of Romania’s Senate Crin Antonescu said on Monday that in Romania there was stability ‘even if a government changes.’ ‘In Romania there is stability even if a government changes, even if a majority changes, because we mean here stability in relation to major directions, the stability of foreign policy, the stability of politics when [...]

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Ponta: We must have new Gov’t by March 8; I urge PNL to keep USL rule

25 februarie 2014

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Prime Minister Victor Ponta on Monday, on behalf of the Social Democratic Union (USD) – an electoral alliance for the elections to the European Parliament, made up of the ruling Social Democratic Party (PSD), the National Union for Romania’s Progress (UNPR) and the Conservative Party (PC) – urged the Liberals to keep the Social Liberal [...]

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Brown bear declared species of Community interest in Buzau County highlands

20 februarie 2014

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The brown bear, some 150 of which are housed by two natural areas of Buzaului Mountains, Penteleu and Siriu, has been declared species of Community interest and it will be protected by the curator of the two areas, the Buzau County Council. ‘The Buzau County Council, as curator of the Penteleu and Siriu protected areas, [...]

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Marian-Jean Marinescu: EIB must generate jobs for at least 500,000 Europeans in 2014

20 februarie 2014

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The Committee on Budgetary Control of the European Parliament (EP) on Tuesday adopted a report drawn up by MEP Marian-Jean Marinescu, of the Democratic Liberal Party, on the activity of the European Investment Bank (EIB), in which the rapporteur asks the EIB to make sure it achieves its aim of generating jobs for at least [...]

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ForMin Corlatean, EU counterparts to discuss situation in Ukraine on Thursday

20 februarie 2014

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Romania’s Foreign Affairs Minister Titus Corlatean is participating today in an extraordinary meeting in Brussels of the Foreign Affairs Council of the European Union concerning the situation in Ukraine. Romania’s Foreign Ministry (MAE) reports in a press release that at the ministerial meeting there will be a wide debate on the most recent developments and [...]

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Antonescu: In the Senate’s name, I urge Yanukovych to immediately cease the bloody repression of protesters

20 februarie 2014

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Romanian Senate Chairman Crin Antonescu has urged Ukrainian President Yanukovych to ‘immediately cease the bloody repression of protesters.’ ‘The law enforcement forces must not forget about the human rights when reacting, including the freedom of speech and the right to protest in a peaceful manner. In a democratic society, people have their right to choose [...]

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Petrom posts RON 4.824 billion in 2013 net profit, up 22 pct over 2012

19 februarie 2014

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Petrom Group ended last year on RON 4.824 billion in net profit (about 1.091 billion euros), up 22 per cent over 2012, when the net profit was worth RON 3.946 billion, according to preliminary consolidated results of the Petrom Group published on Wednesday. In the fourth quarter of the year 2012, the oil company’s net [...]

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ForMin Corlatean: Violence in Kyiv has to stop immediately; dialogue, the only solution to settle crisis

19 februarie 2014

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Romania’s Foreign Minister Titus Corlatean called for an end to violent clashes in Ukraine’s capital city, Kyiv, pointing out that dialogue is the only way to settle the crisis. ‘We have been concernedly following the developments in Kyiv and we are firmly condemning all violent clashes without fail. Violence has to stop immediately. Dialogue is [...]

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Astra’s Adamescu: We shall sue over ASF’s shocking and irresponsible decision

19 februarie 2014

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The Financial Supervisory Authority (ASF) broke its own rule when deciding that Astra Asigurari insurance company should be placed under special administration, Astra owner Dan Adamescu said. He announced he would sue ASF over its shocking and irresponsible decision. “According to the Romanian legislation, there are specific steps that should be taken in such situations. [...]

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Tennis: Simona Halep – 10 days rest

19 februarie 2014

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Romanian tennis player Simona Halep who was forced to abandon the first round of the WTA tournament in Dubai due to an ankle injury will be forced to take ten days rest, on the recommendation of WTA physiotherapists. Halep, who managed to hold her ground for only 41 minutes in her match against Alize Cornet [...]

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