20 oct. • Regional Europe EU leaders meet for the Fall European Council session in Brussels European Union leaders meet in Brussels at the fall European Council session to talk mainly about the financial crisis. Measures considered to counter the instability of the financial systems, the protection of vulnerable social categories,…
20 oct. • Bucharest Teachers' protest cause traffic restrictions in Bucharest A protest meeting organized on Wednesday in Bucharest in the Constitutiei Square by the main teachers’ unions will cause traffic restrictions in Bucharest. The protest will be followed by a march up to Piata Victoriei,…
20 oct. • Politics Romania president Basescu suspends Supreme Defense Council session. Interior Minister spends 45,000 Euros per car for "options" President Traian Basescu suspended on Tuesday the works of the Supreme Defense Council and released a statement to the press, explaining the reasons for his decision. The main problem was the fact that the Council…
20 oct. • Top News Senate speaker elected as Accounting Court president. Democrat – Liberals accuse voting frauds
20 oct. • Regional Europe Banque de France confirms economic recession The gross domestic product of France decreased 0.1% in the third quarter of the year, estimations at the French Central Bank suggest, confirming the fact that the second largest economy in the Euro zone is…
20 oct. • Business Romania's Richest 300: Gigi Becali takes first place Steaua football club financial supporter Gigi Becali – also a quite controversial businessman and leader of the New Generation Party – is the richest Romanian, with an estimated wealth of 2.5 billion Euros. The second…
20 oct. • Business Bucharest Stock Exchange is green, following European trends The Stock Exchange in Bucharest (BVB) opened the session on Tuesday with a significant growth, the BET index growing 7.88%, the BET-FI – 13.59% and the BET-C – 8.07%. Also this morning, the stock exchanges…
20 oct. • Business The US administration will spend 250 billion dollars on US banks shares The American administration is willing to spend up to 250 billion dollars in acquiring shares at private banks, in order to expand the banking system protection measures, Washington officials declared, quoted by ABC. The decision…
20 oct. • Bucharest Day of the Regions: Romanian traditional craftsmen exhibit their work in Bucharest Small Romanian traditional craftsmen from all the regions exposed their works at the Open Days – Day of the Regions, an event organized to complement a European level series of manifestations in Brussels. Those interviewed…
20 oct. • Top News Prosecutors withdraw charges against Former Romanian President Ion Iliescu for the miner's outbreak in June 13/14 1990 Romania’s former President, Ion Iliescu will not be investigated for the miner’s outbreak in 1990, Romanian news television Realitatea TV informs. In the file, Iliescu was investigated for the death of four people and the…
20 oct. • Top News A Romanian child adopted by an American family, was murdered in Dallas A young Romanian boy, adopted by an American family was stabbed to death by a peer in a parking lot in Plano, a suburb of Dallas after fighting for a girl, The Dallas News informs.…
20 oct. • Business 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 Romania’s central bank (BNR) governor Mugur Isarescu reaffirmed on Monday the reliability of the country’s banking system, declaring that Romania has some of the best liquidity and reliability rates not only in the region, but…
20 oct. • Regional Europe Famous Czech writer Milan Kundera collaborated with the secret Communist police Famous Czech writer Milan Kundera, author of the Unbearable lightness of Being, denounced, back in 1950 a student, that lead to the imprisonment of a 22 years old young man, weekly journal Respekt reads, quoted…
20 oct. • Business Dinu Patriciu, Romania's wealthiest businessman Dinu Patriciu is the wealthiest businessman in Romania, with 1.9-2 billion euro, according to the Adevarul 500 billionaires top published on Monday. Patriciu is closelly followed by Ion Tiriac with 0.95 – 1 billion euro.…
20 oct. • Top News The daughter of the renowned Romanian gymnast Lavinia Milosovici died Denisa Florentina, the four year old daughter of the renowned multiple gymnastics champion, Lavinia Milosevici died on Sunday morning, due to a failure of the nervous system, Romanian news agency Mediafax informs. The information was…
20 oct. • Business The effects of the financial crisis in Romania: Mittal Galati cuts production The financial crisis is also felt in Romania: the first unit to announce it was the Mittal Galati factory in South East Romania, the biggest steel producer. The company’s leadership declared, in a press release…
20 oct. • Bucharest Bucharest Aurel Vlaicu airport, now operational Bucharest’s Aurel Vlaicu airport is now operational after it was closed for some rehabilitation repairs for two weeks when re all flights were transferred on Romania’s international airport, Henri Coanda. The airport’s improvement works amounted…
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 In a HotNews.ro interview, Republic of Moldova’s Reintegration minister Vasile Sova talks about the Transniester conflict and the way Moldova sees fit to deal with this conflict. Sova declared that the conflict was increased by…
20 oct. • Regional Europe Used iron sold illegally as waste in Austria, Germany On October 2, 2008 a Romanian citizen was caught stealing copper cables in Austria. Other five accomplices managed to run but the 33 year old suspend was temporarily arrested. With 2 tons of copper cables…
20 oct. • The moment of truth after a black week the the Paris Summit EU leaders apply shock therapy for the financial markets European leaders, gathered in Paris, set up a plan to deal with the financial crisis together. French President, Nicholas Sarkozy declared that the 15 euro zone countries reached an agreement that will deal with all…
20 oct. • Regional Europe Protest in Naples. Unemployed Italians request Romanian citizenship Two Italian groups organize on Monday, in Naples a unique protest: dissatisfied because garbage is picked up by foreigners, while they are unemployed, Italians announce they plan to give up their citizenship and request a…
20 oct. • Top News Hungarian Democrats push for mandatory Hungarian classes for Romanian pupils Hungarian Democrat (UDMR) president Marko Bela declared in Targu Mures, Central Romania on Saturday that Romanian pupils residing in cities where ethnic Hungarians live should take mandatory Hungarian classes. He added that he would initiate…
20 oct. • Top News PM Calin Popescu Tariceanu: efforts need to be made for Romania to reach its potential and become the 7th economic power in Europe Romanian PM Calin Popescu Tariceanu declared that efforts need to be made for Romania to reach its full potential and become the 7th economic power in Europe. He made the statement in a press conference…
20 oct. • Top News Economy minister Varujan Vosganian: the budget will be presented in the Parliament next week Economy minister Varujan Vosganian announced, on Saturday, in Iasi North Romania that Romania’s budget will be presented in the Parliament next week, after the Government discussed it on Wednesday, news agency NewsIn informs. Vosganian added…
20 oct. • Press Review What the newspapers say: October 20, 2008 One newspaper on Monday highlights construction irregularities found in Bechtel’s works for a long awaited highway in Romania. Elsewhere in the news, the Education ministry will publish a document reporting negative data on education levels…
20 oct. • Top News President Basescu calls for partnership between banks, Government and central Bank in order to limit the crisis effects on Romania Romania president Traian Basescu met on Friday the parties involved in the financial system, namely the commercial banks and the Romanian Central Bank (BNR). After the meeting, the head of state declared that the recession…
20 oct. • Business Employees at Romanian Nokia factory demand 50% salary raise The union workers at Nokia Romania demand a 50% increase of their salaries, as well as an 1% fidelity bonus for every year of employment at the factory in the village of Jucu (Cluj county).…
20 oct. • Top News European Commissioner Viviane Reding considers Romania's answer inconclusive, demands documents and explanations on the way telecomm authorities reorganized The European Telecomm Commissioner, Viviane Reding, sent a second urgent letter to the Romanian Telecomm Minister, after the sudden dismissal of the head of Romanian Telecomm Regulation Authority (ANRCTI) and the reorganizing of the institution,…
20 oct. • Actualitate PM Tariceanu on wages increase: It not normal to make commitments in the name of the future government Prime Minister Calin Popescu Tariceanu informed the leaders of the parliamentarian parties that the level of the salaries growth they voted is not economically sustainable and that the decision will lead to a major economic…
20 oct. • Top News Dismissed head of Romanian Police: "Everything I did was legal" The former head of the Romanian Police, Gheorghe Popa, dismissed after the Police cars procurement scandal, declared on Friday that all his actions and decisions were legal. According to his statements, he was forced to…
20 oct. • Business Asian markets fluctuate, Wall Street on green, oil price growing Investors continue to be prudent on the international markets. The Tokyo Stock Exchange opened on Friday on a slightly growing trend, Nikkei winning almost 130 point, up to 8,588.11 points. A similar evolution was noted…
20 oct. • Top News Romanians held hostages in the Caribbean Four Romanian citizens may be held hostages by Chinese workers since a few days ago, along with other citizens, mostly Israelis, on an Atlantic island. The announcement was made by the Israeli ambassador in the…
20 oct. • Press Review What the newspapers say: October 17, 2008 The worst has yet to come in the current international crisis, analysts believe. Until then, the banks in the much-praised Romanian banking system already begin to impose tougher rules for credits. Not a problem for…
20 oct. • Top News Romanian national football team coach detained Victor Piturca, the national football team coach, was taken into custody on Thursday afternoon by the anti-graft prosecutors and the Police. Piturca was subpoenaed in the „Suitcase” file, but refused to present himself to the…
20 oct. • Regional Europe French expert: The American economic domination is over, Russia overestimates its power French political expert Philippe Moreau-Defarge fully agrees with the recent statement made by the Russian president Dmitri Medvedev, saying that the American economic domination is over, but also emphasizing on the fact that Russia overestimates…
20 oct. • Regional Europe Romania risks trial for not implementing EC directives Romania failed to implement in its legislation the European Commission’s directive on the creation, maintaining and social capital modification of commercial companies. As a result, the European Commission has begun the infringement procedures against Romania…
20 oct. • Top News 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" Romanian President Traian Basescu and Prime Minister Calin Popescu Tariceanu made a series of somewhat contradictory statements on Thursday. „The economic crisis will not forgive us if we’re not prudent”, said Basescu. „We can not…
20 oct. • Business Audi launches facelift A6 in Romania. Q5 expected in November, A5 Cabrio in 2009 Audi officially launched the improved A6 version (Avant, Allroad on the Romanian market and prepares to launch the Q5 SUV in November. The beginning of 2009 will also render available four new cars, including a…
20 oct. • Business New law imposes fixed commissions throughout credit contracts „We discussed with the Romanian Central Bank the possibility to find a system able to maintain market fluidity throughout these moments of international turbulences”, said Radu Ghetea, president of the Romanian Banks’ Association (ARB), at…
20 oct. • Regional Europe Crisis effects in Russia: Gazprom buys Sobinbank Gazenergoprombank, the financial division of the Russian natural gas giant, Gazprom, one of the Top 50 banks in Russia. The agreement was signed in the presence of Central Bank officials, the institution supporting the transaction.…
20 oct. • Regional Europe Switzerland takes emergency measures to stabilize financial system The Swiss government and the Central Bank (BNS) announced on Thursday the adoption of a series designed to consolidate the Swiss financial system. The measures include a better protection of the banking deposits. „The federal…
20 oct. • Finante - Banci Criza financiara: intilniri la nivel inalt SUA – UE Presedintele american si liderii europeni au discutat sambata, la Camp David, si au propus organizarea unei serii de intilniri la virf, dintre care primul urmeaza sa aiba loc in luna noiembrie, in Statele Unite, pe…
20 oct. • Consumator Rusii isi investesc economiile in bijuterii Salvandu-si banii de criza, cetatenii Rusii incearca sa-i investeasca in ceea ce, dupa parerea lor, va supravietuii deprecierii oricaror monede. Imobiliarele, un cont la Sberbank si aurul – iata mijloacele pentru pastrarea propriilor economii, care…
20 oct. • Telecom Utilizatorii serviciilor de telefonie mobila vor putea schimba reteaua fara sa mai fie nevoiti sa isi schimbe numarul de telefon Incepand de marti, utilizatorii serviciilor de telefonie mobila vor putea trece de la o retea la alta, fara sa mai fie nevoiti sa isi schimbe numarul de telefon. Faptul ca un abonat va avea acelasi…
20 oct. • Finante - Banci Sarkozy si Barroso se intalnesc cu Bush, incercand sa ajunga la o intelegere privind o reforma a sistemului financiar mondial Presedintele francez Nicolas Sarkozy merge sambata la resedinta de la Camp David a omologului sau american George W. Bush, pentru a face presiuni asupra acestuia, in calitatea sa de presedinte in exercitiu al Uniunii Europene,…
20 oct. • Finante - Banci Comentariu AFP: In cautarea miliardelor pierdute pe planeta finantelor Evaporate, pierdute in ceata sau volatilizate, mii de miliarde de euro, de dolari sau de yeni au fost date disparute pe bursele mondiale, iar daca unele voci intreaba unde au disparut acesti bani, economistii raspund…
20 oct. • International Directorul FMI, Dominique Strauss-Kahn, suspectat de abuz de putere intr-un scandal sexual Directorul Fondului Monetar International, francezul Dominique Strauss-Kahn, face obiectul unei anchete privind un posibil abuz de putere in favoarea unei subordonate cu care a avut relatii intime, relateaza cotidianul Wall Street Journal in editia de…
20 oct. • Imobiliar FOTOGALERIE: La Targul imobiliar de lux ajungi mai repede cu metroul. La fel, la apartamente La Targul Imobiliar tIMOn, 16-19 octombrie, preturile unui apartament pleaca de la 150.000 de euro (TVA inclus), o suprafata utila de aprox. 70 mp. Pentru a atrage clientii, mai toti dezvoltatorii ofera apartamentele gata finisate…
20 oct. • Ultima ora Nicolae Vacaroiu va demisiona luni din functia de presedinte al Senatului Nicolae Vacaroiu urmeaza sa isi prezinte, luni, demisia din functia de presedinte al Senatului, dupa ce a fost desemnat saptamâna trecuta presedintele Curtii de Conturi, anunta Rador. Patru ani prim-ministru, presedinte al Senatului din anul…
20 oct. • Madmoazela printre mitocani Mitocanul-cu-claxon Vi s-a intamplat, nu, sa fiti claxonate pe strada, sa vi se faca flash-uri in timp ce sunteti in trafic sau cand traversati, un cap sa se iveasca dintr-o masina si sa va abordeze? Ce…
