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Saturday, 10 May 2008

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Romania country news

Rompetrol Rafinare Constanta, member of the Rompetrol Group, will assign by 2010 approximately Euro 65 million Euro for the construction of a new hydrogen plant... full story

France to strengthen strategic partnership with Romania

Cumanescu takes oath as a new foreign minister

Court backs protests against Renault’s plant management

Delhaize on a buying spree in Romania and Greece – 85 mln

Bush promises best possible treatment with visa policies

National terrorist alert level increased

Biomass power seals 400 mln Euro investment

Dairy farmers crying over bottled-up prices of milk

Boom time for Internet providers, users double

Political

Greece, Romania address regional cooperation

Greek Economy and Finance Minister George Alogoskoufis said on April 11, after a meeting with his Romanian counterpart Varoujan Vosganian in Bucharest, a continuation of... full story

“Romanian migrants in Spain are kindly requested to return”

Judiciary officials stop strike after two months

Rail protests end

Krivoi Rog negotiations

Mobile antennas causing many to question cells

Elections in Romania cost 66 mln Lei

Political parties agree on single vote draft

Trans-border cooperation with Romania

Romania to strengthen cooperation with Norway

more political news...

Business

Ford gets funds to launch two projects in Craiova

The European Commission has authorised, under EC Treaty state aid rules, 143 million Euro of aid which the Romanian authorities intend to grant to Ford... full story

Procter&Gamble to build cosmetics factory in Romania

CFR Calatori to repair 50 Sageata Albastra trains

Polish megastore legislation brings IKEA to Romania

Linde, ArcelorMittal Galati seal Euro 100 mln supply deal

KBC takes its business on the road to Romania and Russia

Romania, Croatia and Serbia to build oil pipeline

TomTom selects Regenersis for its refurbishment programme

Dolce digital TV service posts 500,000 customers

KBC launches Greenfield consumer finance business

Economic

Vosganian promises average 1,200-1,500 Euro wage by 2020

The gross average wage in Romania is to reach 1,200-1,500 Euro by 2020, Minister of Economy and Finance Varujan Vosganian told a conference organised at... full story

Bucharest real estate prices are stagnating

Non-government credit up 2.7%

NBR up policy rate

Low salaries means workers are hired on the cheap here

Up to 6 mln Euro in the credit market

Romania and Qatar to sign cooperation deal

Romania’s industrial orders rank second in EU

Bucharest voted favourite city, homes become expensive

IFC buys shares in ATE

more business news...

more economic news...

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Bylines & Interviews

Russia’s Energy Build: Leverage, not Threats
By Chris Weafer, Chief strategist at UralSib Bank in Moscow

Azerbaijan creates alternatives, not competition
interview with Heydar Babayev, Azerbaijan’s Minister of Economic Development

Obama rises above racial politics in the United States
By Ray Bawarch, US-based author of the novel, “The Dirt People”

Towards a reform of the World Trade Organization
By MEP Prof. Dr. Georgios Papastamkos

IMF foresaw US mortgage crisis
By Lorenzo Bini Smaghi, ECB executive board member

IMF should ration loan conditions
By Alex Wilks, Eurodad coordinator, director Brussels office

Triple crisis, few solutions
By Peter Chowla, IMF specialist

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