Articles tagged with: English
The European Commission adopted on Thursday a new plan of action for the energy security field and the member states solidarity, within the wider European energy strategy revising plan. The emphasize on securing the energy …
The Euro zone faces for the first time in its history a recession period, with a 0.2% decrease of its domestic product during the third quarter of the year, data at the European statistics institute, …
The Institute for Public Policies in Bucharest gave an alarm on the fact that at least 10% of the Romanian electors will not be able to vote on November 30. The situation refers mostly to …
The new Government about to be elected will have to raise the flat tax to 19%, along with other tax increases, in order to survive the crisis, sources in the Romanian Central Bank (BNR) said …
1.8 prepay services users and around one million service subscribers agreed so far to receive advertising messages on their mobile phones, officials in the company said on Friday. Vodafone Romania. The company is the only …
Unemployment, lack of cash, less credits, more money for the rich - this is how the international financial crisis begins to be translated into Romanian. Politics already fell to the second place in all newspapers.
Source:What …
2009 may bring a set of new and tough rules for telecomm operators, mainly regarding the way they offer information to their clients. The minimum amount to be paid throughout the contact, the taxation system …
Prime Minister Calin Popescu Tariceanu declared on Thursday that Romania must stimulate investments and protect the jobs and the banking system, in order to rise above the economic crisis. The head of Government claims that …
The Media Organizations Convention (COM) issued a protest on Thursday against the suggestion made by the Telecomm Ministry to regulate the crossover to digital television through a Governmental emergency ordinance. The COM protest gathers over …
Romania must be quot;quickquot; in forming a Government after the elections on November 30, and the new cabinet should enjoy a solid support in the Parliament, in order to be able to manage the economic …
Germany, the main economy in the Euro zone, is in technical recession after two consecutive quarters of GDP decrease, an official press release of the Federal Statistics Institute informs. In the third quarter, the German …
After the buyers on the market delayed their acquisition decision for quite a long time, blocking the market, the owners pressed to sell and the developers lacking cash decided that lowering the prices should be …
The financial crisis hits Romania despite all promises made by politicians, but the media seems to be the only segment of the society to admit it. Politicians are busy making electoral promises, even if this …
The Tokyo stock exchange closed on Thursday after a strong decrease, the main index, Nikkei, losing 5.25%, as a result of the spectacular fall on Wall Street.
Source:Asian markets keep falling, oil price at new low
Romania#39;s payments#39; current account registered in the first nine months of the year a deficit of 12.7 billion euro, a 14.8% increase as compared to the same period, last year, Romania#39;s National Central Bank data …
Former Romanian Justice minister Monica Macovei was elected on Wednesday the European Woman in 2008 by a jury made up of European MEP and journalists, Romanian news agency NewsIn informs. The award will be offered …
Romanian PM Calin Popescu Tariceanu declared on Wednesday that the government will adopt a plan of measures to increase the number of jobs on the market, due to the financial crisis One of the measures …
The European Court of Human Rights (ECHR) ruled that the Romanian that was tortured by policemen during an investigation 11 years ago should receive compensation from the Romanian state. After attempting to sue the state …
The Constitutional Court will take a decision on the government#39;s ordinance to postpone the implementation of the 50% teachers#39; salary increase law. The decision was already postponed for one day, after the Court received on …
The annual inflation rate was 7.39% on October, slightly higher than the 7.30% level in September. According to the National Statistics Institute, the price for food, services and non-food consumption products continued to grow.
Source:Annual inflation …
Almost half of Romanians plan to spend more than last year during the winter holidays this year and their behavior shifts the focus from an impulsive consumption to a prudent one, due to the negative …
Two non-governmental organizations, the Pro-Democratia Association and the Press Monitoring Agency, along with the Romanian Center for Investigative Journalism, put up a list of 130 names of candidates, all running in colleges in the Western …
Romania#39;s Open House in Italy, a three day project aimed to improve Romania#39;s image abroad was opened in downtown Rome. The goal of the project is to create a space where they can reproduce the …
The Government informed the Constitutional Court that the ordinance postponing until April the 50% raise for teachers was postponed. The Court was supposed to decide today whether the ordinance was constitutional or not. On Monday, …
Spain is for the fifth time in a row on the first place in this year#39;s FIFA top followed by Germany and Italy. England secured a better position than last year due to its results …
Active investment funds in Central and Eastern Europe are expecting a negative evolution of the Romanian economy in the following 12 months, a survey set up by the Private Equity Funds in South East Europe …
Newspapers on Wednesday read about the government#39;s judicial tricks to counter the Parliament#39;s vote on the 50% teachers#39; salary increase. Elsewhere in the news, Romanian President Basescu might consider a new PM from the Liberal …
The preliminary document on the long-term integrated territorial development of Romania was publicly introduced on Tuesday by the Environment Minister, Laszlo Borbely. The minister also announced recently a financing line for urban development, addressing cities …
In a TV intervention on Monday evening, Romanian president Traian Basescu said that several politicians - including the Conservative leader Dan Voiculescu, the Social-Democrat president Mircea Geoana and the Social Democrat quot;master of puppetsquot;, Viorel …
It#39;s all bad news for Romania on this Tuesday: the commercial deficit grows abruptly, Fitch decreased the country rating, making Romania the only EU country where it#39;s not a good idea to invest, the populace …
Romania#39;s trade deficit increased by 12.5% in the first nine months of the year as compared to the similar period last year to reach 16.93 billion euro even though the exports dynamic exceeded the imports, …
Romania occupied the 27th place in the European Union and the 146th place in the world in a top analyzing the efficiency with which companies can pay their taxes. Plus, Romania occupies the 181 position …
The European Union intends to organize a second European summit dedicated to the financial crisis, after the meeting in Washington, on November 15. The European leaders suggested a new global summit 100 days after Washington, …
quot;We can say, at this moment, the French presidency of the European Union has a negotiation mandate for the G20 summit in Washington, on November 15. The European Union will vote for the reform of …
The financial evaluation company Fitch downgraded Romania#39;s country rating for the long term foreign currency credits from BBB to BB+ and for the long term national currency credits from BBB+ to BBB-, a press release …
Several important NGOs express their indignation about aCentral Electoral Office decision that confines the access of NGO election observers in the upcoming legislative elections on November 30. The three most important NGOs in Romania protest …
At least 200 Gypsy children from Romania, victims of the human trafficking dealers quot;earnquot; in Great Britain over 19 million pounds (some 23 million euro) from pickpocketing and fraud each year, The Sunday Times reads …
Three of the most important teachers#39; unions, Alma Mater, Free Unions and National Education organize a warning strike between 12-14 pm on Monday in universities across Romania. Moreover, the three unions, together with the Spiru …
Even though there are only three weeks left until the Parliamentary elections, oppositions parties still want to bring down the current government, one newspaper reads on Monday. And politicians can pay to get local support …
The British government fears that the European economic crisis will lead to a new wave of immigrants coming to Britain and plans to extend the working restrictions for Romanian and Bulgarian citizens, Sunday Mirror informs, …
The Parliament debates on Monday the motion of censure against the government, quot;Education stays, the Government leavesquot; submitted by the Democrat Liberals. The document accuses the government of blocking, through an emergency ordinance, the 50% …
A small nuclear plant, able to cover the necessary energy needs of some 20,000 households could be for sale in five years#39; time and Romania would be the first country to install such a plant, …