English

27 oct. •

Romanian President Traian Basescu: government's claim that economy will be ruined if 50% increase of teachers' wages is applied is a lie

Romanian President Traian Basescu declared on Monday that both the education and health sector represent his biggest priorities of his term and underlined that he would approve a salary increase in the health sector as…

27 oct. •

UPDATE: Bucharest Stock Exchange suspends trading for second consecutive day

27 oct. •

Romanian world champion Bute defended his boxing title against Mexican Andrade

27 oct. •

Romanian family living on a boat in New York, threatened to be evacuated by local authorities

27 oct. •

Romanians switched back their clocks to wintertime

27 oct. •

Labor minister confirms rumor that government might freeze 50% increase of teachers wages

27 oct. •

What the newspapers say: October 27, 2008

25 oct. •

Prime Minister Calin Popescu Tariceanu: I will now allow the sacrificing of the Romanian economy. The irresponsible salary growth will bring the economy to its knees

24 oct. •

Romanian car producer Dacia halts production for 4 days

24 oct. •

Teachers' raises cause stock market crash

24 oct. •

Crisis effects: Renault shuts down all French factories for a week, Peugeot-Citroen announces massive production decrease

24 oct. •

Moderate optimism in Nabucco project development. Russian involvement still possible

24 oct. •

OPEC reduces oil production 1.5 million barrels per day

24 oct. •

President Basescu approves controversial 50% raise for teachers

24 oct. •

Asian markets on strong fall. Governments put up anti-crisis fund

24 oct. •

What the newspapers say: October 24, 2008

23 oct. •

Over 450,000 Romanians abroad will not be able to vote in the Parliamentary elections this fall

23 oct. •

Teachers' salaries increase by 9% this month

23 oct. •

Romania's National Central Bank ends interest rate increases on the inter-banking market

23 oct. •

IMF: Romania's economic growth to moderate to 4-5% in 2009

23 oct. •

Erste study: Central and Eastern European banks have no reason to tighten the nod for credits

23 oct. •

Romanian President Traian Basescu: the Republic of Moldova should not be abandoned together with Ukraine

23 oct. •

US Ambassador to Bucharest: the fight against corruption was not a personal crusade lead by Nicholas Taubman. It is a priority of the US government and presidency, of the EU and UN

23 oct. •

Bucharest placed 6th in European listing of cities in emerging economies

23 oct. •

Regional Europe

Romanian develops in Netherlands a method through which the mobile phone can recognize its owner depending on his face

23 oct. •

What the newspapers say: October 23, 2008

22 oct. •

Romanian PM Calin Popescu Tariceanu: taxes will not be increased in 2009

22 oct. •

Romanian Central Bank governor Mugur Isarescu: I can modify the legislation and dismiss bankers that increase interests without solid ground

22 oct. •

Football trainer Marius Lacatus resigns from Steaua

22 oct. •

Reporters without Borders: Romania placed on 47 in freedom of the press top

22 oct. •

US visa rejections for Romania dropped to 25% in 2008, compared to 37.7% in 2007

22 oct. •

Electoral Office rejected the candidature of Lavinia Sandru

22 oct. •

Romania's National Central Bank vice-governor, Eugen Dijmarescu: there is no need to modify monetary policy interests

22 oct. •

UPDATE: Labor minister Mariana Campeanu: the 2009 budget draft does not contain a 50% salary increase for those working for the state/ The government postponed the 2009 budget approval

22 oct. •

India launched its first mission to the moon without humans

22 oct. •

What the newspapers say: October 22, 2008

22 oct. •

Regional Europe

Iran, Russia, Qatar to form natural gas cartel

22 oct. •

Steaua vs. Olimpique Lyon: 3:5

22 oct. •

Financial expert: Banks will not spare those who signed contracts with variable interest rates

22 oct. •

Regional Europe

Hungarian PM: One of the reasons for Hungary's economic problems was the 50% wage growth for teachers

22 oct. •

Former Romania president Ion Iliescu exonerated in Bucharest riots because victims were a block away

21 oct. •

Regional Europe

Nicolas Sarkozy demands sovereign wealth funds

21 oct. •

Regional Europe

Berlin officials want to include Switzerland on the tax-heaven black list

21 oct. •

Romanian currency continues to grow

21 oct. •

Bucharest Stock Exchange grow, following international trends. Oil price rising

21 oct. •

What the newspapers say: October 21, 2008

20 oct. •

Social Democrats, Democrat Liberals and Liberals submitted their lists of candidates running for Bucharest

20 oct. •

Regional Europe

Several Romanian artists display their works in the 2009 European Capital of Culture

20 oct. •

Billa, Pic and Spar retailers get a 850,000 euro fine for providing incorrect information

20 oct. •

INSOMAR survey: more than half of Romanians trust the banks on the market

20 oct. •

Romanian central bank governor Mugur Isarescu: last week, the Romanian national currency avoided an attack

20 oct. •

Regional Europe

Italian sociologist: Veltroni and the Italian secret services used the Mailat case to denigrate Romanians

20 oct. •

Oil price drops, stock exchanges crumble

20 oct. •

Regional Europe

France suggests global economic government

20 oct. •

American army killed Al-Qaeda's second in command Abu Qaswarah

20 oct. •

Romania's Parliamentary activity shifts to the territory. Romanians pay 6.67 million Ron for those parliamentarians who choose to run for another mandate

20 oct. •

Romania placed 5th in EU annual inflation rate listing

20 oct. •

Passengers of a hijacked airplane seize sky pirate

20 oct. •

UPDATE: Constitutional Court ruled the constitutionality of the bill increasing teachers' wages

20 oct. •

Regional Europe

Ukraine's Ambassador to Bucharest moderates his statements about possible outcomes at Hague

20 oct. •

Regional Europe

Russian press: Moldova leader Voronin is ready to talk to Tiraspol leaders about possible solution to Transniester conflict

20 oct. •

Regional Europe

EU leaders meet for the Fall European Council session in Brussels

20 oct. •

Teachers' protest cause traffic restrictions in Bucharest

20 oct. •

Romania president Basescu suspends Supreme Defense Council session. Interior Minister spends 45,000 Euros per car for "options"

20 oct. •

Senate speaker elected as Accounting Court president. Democrat – Liberals accuse voting frauds

20 oct. •

Regional Europe

Banque de France confirms economic recession

20 oct. •

Romania's Richest 300: Gigi Becali takes first place

20 oct. •

Bucharest Stock Exchange is green, following European trends

20 oct. •

The US administration will spend 250 billion dollars on US banks shares

20 oct. •

Day of the Regions: Romanian traditional craftsmen exhibit their work in Bucharest

20 oct. •

Prosecutors withdraw charges against Former Romanian President Ion Iliescu for the miner's outbreak in June 13/14 1990

20 oct. •

A Romanian child adopted by an American family, was murdered in Dallas

20 oct. •

Romania's National Bank Governor Mugur Isarescu: Romania has some of the best liquidity and reliability rates in the world/ The informational attack against Transilvania Bank finds precedent in a similar attack in 2000 but mass media reacted in a more mature way

20 oct. •

Regional Europe

Famous Czech writer Milan Kundera collaborated with the secret Communist police

20 oct. •

Dinu Patriciu, Romania's wealthiest businessman

20 oct. •

The daughter of the renowned Romanian gymnast Lavinia Milosovici died

20 oct. •

The effects of the financial crisis in Romania: Mittal Galati cuts production

20 oct. •

Bucharest Aurel Vlaicu airport, now operational

20 oct. •

Regional Europe

Moldovan Reintegration minister Vasile Sova: Transniester, once integrated in the Republic of Moldova, will not have a veto power over European integration issues

20 oct. •

Regional Europe

Used iron sold illegally as waste in Austria, Germany

20 oct. •

The moment of truth after a black week the the Paris Summit

EU leaders apply shock therapy for the financial markets

20 oct. •

Regional Europe

Protest in Naples. Unemployed Italians request Romanian citizenship

20 oct. •

Hungarian Democrats push for mandatory Hungarian classes for Romanian pupils

20 oct. •

PM Calin Popescu Tariceanu: efforts need to be made for Romania to reach its potential and become the 7th economic power in Europe

20 oct. •

Economy minister Varujan Vosganian: the budget will be presented in the Parliament next week

20 oct. •

What the newspapers say: October 20, 2008

20 oct. •

President Basescu calls for partnership between banks, Government and central Bank in order to limit the crisis effects on Romania

20 oct. •

Employees at Romanian Nokia factory demand 50% salary raise

20 oct. •

European Commissioner Viviane Reding considers Romania's answer inconclusive, demands documents and explanations on the way telecomm authorities reorganized

20 oct. •

Dismissed head of Romanian Police: "Everything I did was legal"

20 oct. •

Asian markets fluctuate, Wall Street on green, oil price growing

20 oct. •

Romanians held hostages in the Caribbean

20 oct. •

What the newspapers say: October 17, 2008

20 oct. •

Romanian national football team coach detained

20 oct. •

Regional Europe

French expert: The American economic domination is over, Russia overestimates its power

20 oct. •

Regional Europe

Romania risks trial for not implementing EC directives

20 oct. •

Romania President Traian Basescu: "Raising the guarantee threshold for banking deposits up to 50,000 euros was unnecessary, because the Romanian banking system is solid"

20 oct. •

Audi launches facelift A6 in Romania. Q5 expected in November, A5 Cabrio in 2009

20 oct. •

New law imposes fixed commissions throughout credit contracts

20 oct. •

Regional Europe

Crisis effects in Russia: Gazprom buys Sobinbank

20 oct. •

Regional Europe

Switzerland takes emergency measures to stabilize financial system

17 oct. •

What the newspapers say: October 16, 2008

17 oct. •

What the newspapers say: October 15, 2008

16 oct. •

What the newspapers say: October 14, 2008

14 oct. •

Environment Minister: Large vehicles' access to Bucharest should be limited

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