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Ex-Romanian designated PM: Romanias economy will recover and increase in 2011. The political crisis slows down the economic re-launch
Thu, 11/12/2009 - 06:30According to Lucian Croitoru, the ex-temporary designated PM that took over from Boc, the Romanian economy will recover and start to increase only in 2011. 2010 is going to be a recovery year. He believes that the re-launch of the Romanian economy is setback by the economic crisis, Romanian news agency Mediafax reads.
Physician Mihail Codrescu, ex-Boston waiter, is now predicting space weather for American agency NOAA
Thu, 11/12/2009 - 05:41Over 27 years ago, Mihai Codrescu was sent by the Autoexport plant in Brasov (Central Romania) in a business trip. From Hungary, he went to Austria and from there to Germany, declaring himself a refugee. A year after, he went to the US and got a waiting job. Today, Codrescu works as a physician with the Space Weather Prediction centre, where predictions on the space weather are made. Codrescu talked about the solar storms, about what the Sun tells us right now and he shared his opinions on global warming in an interview for HotNews.ro with Adrian Novac.
Portuguese Group Millennium losses in Romania increase by 20%
Thu, 11/12/2009 - 02:55Millennium bcp recorded losses worth of 26.7 million euros during the first three quarters of 2009, up 22.4% against the same period of the last year. Back then, the losses amounted to 21.8 million euros, following the economic and financial crisis, according to the data published by the Portuguese bank and quoted by Romanian press agency NewsIn.
What the newspapers say: November 12, 2009
Thu, 11/12/2009 - 01:47"I believe that Romania's President lacks clarity on the international level". Elsewhere in the news, Romanians save money by cutting their budget for culture. Last but not least, during the electoral campaign, the president of the Romanian National Liberal Party promised voters in South that he would take to court those "who stole" the money of "the underprivileged" or those who cannot justify what happened with the money from the IMF.
Romania Central Bank Governor: cut public spending otherwise will have to increase taxes
Wed, 11/11/2009 - 15:39Romania needs an optimal adjustment of the economy which should target public spneding, especially of those that do not create jobs or future incomes, Romanian Central Bank Governor Mugur Isarescu declared in a speech at a Bucharest University.
A/H1N1 virus: 56 new swine flu cases in the last 24 hous
Wed, 11/11/2009 - 06:43In Romania, 56 new swine flu cases were confirmed in the last 24 hours, Romanian Health ministry informed on Wednesday in a press release. The total number of cases in Romania amount to 1,057.
A/H1N1 virus: a man originating from Romania died in Austria
Wed, 11/11/2009 - 06:39A man originating from Romania died in Austria, after a heart attack most probably caused by complications related to the A/H1N1 virus, Deutsche Presse Agentur informed. Aged 39, the man died in Salzburg, a medical representative Christoph Koenig confirmed.
Romanias current account deficit dropped by 74.6% in the first nine months to 3.13 billion euro. Foreign Direct Investments dropped to half
Wed, 11/11/2009 - 05:02Romania's current account deficit dropped in the first nine months of the year by 74.6% compared to the similar period, last year, to 3.13 billion euro, Romania's National Central Bank data reveals. The decrease rhythm of the current account deficit moderated in September after in the first eight months of the year it dropped by 78.6%.
The Senate adopted the law offering the interim government the right to put forward the 2010 state budget
Wed, 11/11/2009 - 04:57The draft modifying the law through which the dismissed government will have the right to present to the Parliament the 2010 Parliamentary budget, was approved on Wednesday in the Senate after on Tuesday it was approved by the Chamber of Deputies, Radio Romania Actualitati informs.
Romania social democratic leader, presidential candidate Mircea Geoana paid secret visit to Moscow in April 09
Wed, 11/11/2009 - 04:32Romania's Social Democratic Party (PSD) leader Mircea Geoana, who now runs in presidential elections due to take place later this month, has paid a private visit to Moscow on April 27, 2009, where he secretly met one of the aides of President Medvedev, political sources have told HotNews.ro. According to the sources, the meeting was allegedly mediated by Boris Golovin, a businessman with energy interests in Romania about whom the media has reported to be an ex-officer of GRU, the foreign military intelligence directorate of the Russian Federation army. Contacted by HotNews.ro, Golovin denied any links with the PSD. Initially, prominent Romanian politicians VIorel Hrebenciuc and Cozmin Gusa said they new nothing about the secret visit. After several hours, former Foreign minister Cristian Diaconescu confirmed that Geoana paid the visit but said he did not know whom the PSD leader met with, what the talks focused on or how long the visit was.
What the newspapers say: November 11, 2009
Wed, 11/11/2009 - 01:31All newspapers today read about the regrettable death of a great actor, Gheorghe Dinica. Elsewhere in the news, US Ambassador to Romania declared for Wall Street Journal that he is content with the extremely aggressive media in Romania. Four high schools in Romania were closed due to confirmed new AH1N1 cases but youngsters spread in parks and bars instead of going home, as advised. Last but not least, one newspaper computes a donations top for Presidential candidates.
Ex-Romanian president: Basescus claim about the Romanian Revolution is irresponsible, false, a genuine abjection
Tue, 11/10/2009 - 11:33Romania's incumbent president Traian Basescu declared on Monday that "after Ceausescu's fleeing in 1989, those who took over the power got the army out in streets and killed 1,600 Romanians". Ex-president Ion Iliescu (PSD) tagged the statement as "irresponsible" and "false". "I heard many rude words and even insults from Mr. Traian Basescu. But what he allowed himself to declare on the airport, before going to Berlin, is a genuine abjection", Ion Iliescu writes on his blog.
Citroen will launch C-Zero, the 100% electric car, on the Romanian market
Tue, 11/10/2009 - 09:43Citroen will launch mini class model C-Zero in Europe at the end of next year. The car has autonomy for 130 kilometres and an engine that develops 64 horses power. The car is 3.5 metres long and it is being developed by Mitsubishi, which has already launched the i-MIEV model, while Peugeot presented an electrical model of similar dimensions, called iOn. The company's representatives said the car will reach Romania as well, but the date is not yet certain.
New Subaru Legacy and Outback generations launched in Romania
Tue, 11/10/2009 - 09:15Subaru launched in Romania the new generation of the Legacy model, both in the sedan and break variants, plus the new generation of Outback crossover, the company announced. Prices start with 28,310 for Legacy Sedan and 33,189 for Outback, VAT included. Subaru sold 600 cars last year in Romania. Half of them were Forester.
Swine flu records over 1,000 cases in Romania and 94 new patients during the last 24 hours
Tue, 11/10/2009 - 08:5194 swine flu infection cases have been confirmed in Romania during the last 24 hours, taking the numbers of the patients affected by the new flu to 1,001, according to the Romanian Health Ministry.
Roland Berger, Codrut Pascu: Romanian banks dont know their clients and services can be much improved
Tue, 11/10/2009 - 05:29Romanian banks know very little about their clients in contrast with the European financial institutions, a Roland Berger study indicates. One explanation addressed the amount of time banks employees spend with administrative issues, an aspect that comes against knowing their customers.
Curentul newspaper claims possession of audio recording, incriminating two journalists of blackmail attempt on National Integrity Agency chief
Tue, 11/10/2009 - 04:54Curentul, a Romanian newspaper, has got an audio recording claiming to belong to the Interior Ministry General Authority for Information and Internal Protection (DGIPI), which would prove that there are leaks and cop-outs from the Romanian Interior Ministry's secret archive. According to Curentul, the recording features the voice of the National Integrity Authority (ANI) chief Catalin Macovei, being subjected to blackmail by two Romanian journalists: ex-Gandul editor-in-chief Bogdan Chirieac and ex-Ziua general manager Sorin Rosca Stanescu.
UPDATE Votes for Marian Lupu, insufficient to elect him Moldovas president. New elections within 30 days
Tue, 11/10/2009 - 04:27Marian Lupu, the Democratic Party from Moldova leader and the Alliance for European integration candidate for Moldova's presidency raised 53 votes in the Parliament on Tuesday, insufficient to se him elected Moldova's president, Unimedia informs. A new election will take place within the following 30 days.
Romanian Central Bank vice-governor: 88 branches shut down and 3,100 staff fired due to crisis
Tue, 11/10/2009 - 04:05"Romanian banks slowed their growth rhythm 9 folds in the first nine months of the year and the dynamics of the banks' balance sheet increased only by 3%, in contrast with 30%, the figure recorded one year ago. The number of units decreased by 88, and the number of employees record 3,180 less", the Romanian Central Bank (BNR) vice-governor Florin Georgescu declared on Tuesday, November 10.
What the newspapers say: October 10, 2009
Tue, 11/10/2009 - 01:34All companies with an up-to-date fiscal declaration and a clear fiscal record will be able to request puting off the payment of their financial duties towards the state, in a moment when Romania has huge amounts of public debt. Elsewhere in the news, "migration is the fundamental problem of the Romanian society, but we pretend we don't see this". Last but not least, tens of Wizz Air Romanian passengers landed in Cluj-Napoca last night, after a 28 hours delay.