Expats

Romania exhumes remains of ex-dictator Ceausescu [Jul 21, 2010] BUCHAREST (Reuters) - The graves of Romania's former communist dictator Nicolae Ceausescu and his wife Elena were dug up Wednesday, some 20 years after their deaths, to check if they were truly buried there, their son-in-law said. [via YahooNews] More >>

Romania exhumes remains of ex-dictator Ceausescu [Jul 21, 2010] BUCHAREST (Reuters) - The graves of Romania's former communist dictator Nicolae Ceausescu and his wife Elena were dug up on Wednesday to check whether they were truly buried there, their son-in-law said. [via YahooNews] More >>

Remains of Romanian ex-dictator Ceausescu exhumed [Jul 21, 2010] Source: Reuters BUCHAREST, July 21 (Reuters) - The graves of Romania's former communist dictator Nicolae Ceausescu and his wife Elena were dug up on Wednesday to check whether they were truly buried there, their son- ... [via YahooNews] More >>

Remains of Romanian ex-dictator Ceausescu exhumed [Jul 21, 2010] BUCHAREST (Reuters) - The graves of Romania's former communist dictator Nicolae Ceausescu and his wife Elena were dug up on Wednesday to check whether they were truly buried there, their son-in-law said. [via YahooNews] More >>

Romanian military aircraft crash kills 10 [Jul 09, 2010] BUCHAREST, Jul 5 (Reuters) - Ten people died today when a military aircraft carrying 13 people crashed soon after taking off from an airport in the southeast Romanian town of Tuzla, the defence ministry said. [via YahooNews] More >>

Romanian military aircraft crash kills 10 [Jul 07, 2010] BUCHAREST, Jul 5 (Reuters) - Ten people died today when a military aircraft carrying 13 people crashed soon after taking off from an airport in the southeast Romanian town of Tuzla, the defence ministry said. [via YahooNews] More >>

Romanian military aircraft crash kills 10 [Jul 05, 2010] BUCHAREST (Reuters) - Ten people died Monday when a military aircraft carrying 13 people crashed soon after taking off from an airport in the southeast Romanian town of Tuzla, the defense ministry said. [via YahooNews] More >>

Romanian military aircraft crash kills 10 [Jul 05, 2010] BUCHAREST (Reuters) - Ten people died Monday when a military aircraft carrying 13 people crashed soon after taking off from an airport in the southeast Romanian town of Tuzla, the defence ministry said. [via YahooNews] More >>

Floods kill 24, Romania to seek emergency EU aid [Jun 30, 2010] BUCHAREST (Reuters) - Floods and torrential rain in Romania have killed 24 people, forced 7,000 to be evacuated from homes and damaged farmlands and infrastructure in the European Union's second poorest country, officials said on Wednesday. [via YahooNews] More >>

Floods kill 24, Romania to seek emergency EU aid [Jun 30, 2010] BUCHAREST (Reuters) - Floods and torrential rain in Romania have killed 24 people, forced 7,000 to be evacuated from homes and damaged farmlands and infrastructure in the European Union's second poorest country, officials said on Wednesday. [via YahooNews] More >>

(AFX UK Focus) 2010-06-30 11:13 Romania cbank keeps rate on hold at 6.25 pct [Jun 30, 2010] BUCHAREST, June 30 (Reuters) - Romania's central bank kept its key interest rate on hold at 6.25 percent as expected on Wednesday, ending its rate easing cycle after a government plan to hike value added tax increased uncertainty about the economy. Borrowing costs are currently at a record low following 400 basis points worth of easing since the start of last year. [via YahooNews] More >>

Floods, rains kill 21 in eastern Romania [Jun 29, 2010] Source: Reuters BUCHAREST, June 29 (Reuters) - Floods and torrential rains have killed 21 people in eastern Romania in the past week, the government's emergency committee said on Tuesday. Most of the victims ... [via YahooNews] More >>

(AFX UK Focus) 2010-06-28 13:57 UPDATE 1-Romania fiscal deficit widens in Jan-May [Jun 28, 2010] BUCHAREST, June 28 (Reuters) - Romania's budget deficit for the first five months of 2010 widened to 3.1 percent of gross domestic product at the end of May from 2.2 percent in January-April as spending rose while revenues dipped, finance ministry data showed on Monday. Bucharest has promised to slash the fiscal gap for the whole of 2010 to 6.8 percent of GDP under a vital, 20 billion euro ... [via YahooNews] More >>

(AFX UK Focus) 2010-06-28 09:06 UPDATE 1-IMF may delay Romania talks until early July [Jun 28, 2010] BUCHAREST, June 28 (Reuters) - The board of the International Monetary Fund might delay talks on Romania's 20 billion euros aid package until early July, the country's representative to the Fund was quoted on Monday as saying. The centrist coalition government plans to raise value-added tax by 5 percentage points to 24 percent on July 1 and said at the weekend the IMF Board would discuss its 20 ... [via YahooNews] More >>

(AFX UK Focus) 2010-06-28 08:11 IMF to discuss Romania aid June 30 or early July [Jun 28, 2010] BUCHAREST, June 28 (Reuters) - The board of the International Monetary Fund might discuss Romania's 20 billion euros aid package on June 30 or in early July, the country's representative to the Fund was quoted as saying on Monday. "There is possibility that the IMF Board will discuss the report on Romania on Wednesday, but it is only a possibility because there are some rules on how documents ... [via YahooNews] More >>

(AFX UK Focus) 2010-06-26 11:34 Romania govt to raise VAT to 24 pct-govt source [Jun 26, 2010] BUCHAREST, June 26 (Reuters) - Romania's centrist coalition government decided on Saturday to raise its value added tax to 24 percent from 19 percent in a move to address its large budget deficit and keep IMF-led aid alive, a cabinet source said. The source also said the government will maintain its flat tax on income and profit at 16 percent. The VAT hike comes one day after the European Union ... [via YahooNews] More >>

(AFX UK Focus) 2010-06-25 11:08 Romania court rules pension cuts illegal - judge [Jun 25, 2010] BUCHAREST, June 25 (Reuters) - Romania's Constitutional Court ruled planned pension cuts, part of a key austerity package, were unconstitutional, court judge Acsinte Gaspar told Reuters on Friday. Disbursement of about 2 billion euros in aid from the International Monetary Fund and the European Union depended on the court's approval of a government move to slash state wages by a quarter and cut ... [via YahooNews] More >>

(AFX UK Focus) 2010-06-25 10:12 INSTANT VIEW 4-Romania court rules some cuts illegal-agency [Jun 25, 2010] BUCHAREST, June 25 (Reuters) - Romania's Constitutional Court rejected some parts of a key austerity package related to pensions on Friday, endangering a vital IMF-led aid deal, local news agency Agerpres reported, citing judicial sources. Disbursement of about 2 billion euros in aid from the International Monetary Fund and the European Union depended on the court's approval of a government move ... [via YahooNews] More >>

(AFX UK Focus) 2010-06-25 09:52 INSTANT VIEW 1-Romania court rules some cuts illegal [Jun 25, 2010] BUCHAREST, June 25 (Reuters) - Romania's Constitutional Court rejected some parts of a key austerity package related to pensions on Friday, endangering a vital IMF-led aid deal, local news agency Agerpres reported, citing judicial sources. The court said an official announcement would follow shortly. [via YahooNews] More >>

(AFX UK Focus) 2010-06-25 09:49 Romania leu, stocks fall after austerity decision [Jun 25, 2010] BUCHAREST, June 25 (Reuters) - Romania's leu and blue-chip stocks fell on Friday after local press reported the country's top court rejected some of the government's austerity measures related to pensions. The leu was down 0.5 percent on the day at 4.26 per euro by 0931 GMT and the blue-chip BET index was 2.1 percent lower at 5,029.51 points. [via YahooNews] More >>