News tagged "romania"
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IMF praises Romania on aid deal, allows wage rises
BUCHAREST (Reuters) - Romania has shown strong commitment to its 5 billion euro aid deal and reached most of its targets, enabling it to start reversing some state pay cuts this year, an International Monetary Fund official said on Wednesday.
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Romania's new government seals parliament backing
BUCHAREST (Reuters) - Romania's new government sealed parliamentary backing on Monday with a comfortable majority, giving it a mandate to keep an International Monetary Fund-led deal on track until an election in November.
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Clouds hang over gold mine plans in Romania
Plans by the Canadian company Gabriel Resources to open a gold mine at Rosia Montana in Romania might be hampered by a centre-left cabinet which is to take office on Monday, analysts say.
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Bosch to build new car electronics factory in Romania
Stuttgart/Bucharest (dpa) - German electronics giant Bosch said Tuesday that it will build a new car parts factory in Romania for 77 million euros (100 million dollars).The factory in Cluj-Napoca is due to start making automotive electronic control units in late 2013. It will employ 340 workers. Bosch said it plans to expand the factory in the future.Local officials said that the government will ...
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Final joy for Romanian children
Ten deprived children in Romania will have the thrill of a lifetime at the UEFA Europa League final - thanks to UEFA, the Romanian Football Federation and Terre des hommes.
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Romania leftist government wins parliament backing: MPs
BUCHAREST (Reuters) - Romania's new left-leaning government of Prime Minister Victor Ponta sealed parliamentary backing with a comfortable majority in a confidence vote on Monday, legislators said. "We won with backing from 284 MPs," said Dan Radu Rusanu of the Liberal party of the USL alliance headed by 39-year-old Ponta. "(Backing) is over 280 votes," said another deputy. The government needed ...
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Romania's new government seals parliament backing
BUCHAREST (Reuters) - Romania's new government sealed parliamentary backing on Monday with a comfortable majority, giving it a mandate to keep an International Monetary Fund-led deal on track until an election in November. Romania's left-leaning opposition ousted Prime Minister Mihai Razvan Ungureanu's cabinet last month after a wave of public anger against spending cuts and tax rises, the ...
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Romania leftist government wins parliament backing: MPs
BUCHAREST (Reuters) - Romania's new left-leaning government of Prime Minister Victor Ponta sealed parliamentary backing with a comfortable majority in a confidence vote on Monday, legislators said. "We won with backing from 284 MPs," said Dan Radu Rusanu of the Liberal party of the USL alliance headed by 39-year-old Ponta. "(Backing) is over 280 votes," said another deputy. The government needed ...
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Romania parliament set to back new leftist government
BUCHAREST (Reuters) - Romania's new prime minister said he was confident his leftist government would win parliamentary approval on Monday and finalize a deal with international lenders to restore public wages to their previous levels. Romania's left-leaning opposition ousted Prime Minister Mihai Razvan Ungureanu's cabinet last month after a wave of public anger against plans for spending cuts ...
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Romania parliament set to back new leftist government
BUCHAREST (Reuters) - Romania's new prime minister said he was condident his leftist government would win parliamentary approval on Monday and finalise a deal with international lenders to restore public wages to their previous levels. Romania's left-leaning opposition ousted Prime Minister Mihai Razvan Ungureanu's cabinet last month after a wave of public anger against plans for spending cuts ...
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Clouds hang over gold mine plans in Romania
Plans by the Canadian company Gabriel Resources to open a gold mine at Rosia Montana in Romania might be hampered by a centre-left cabinet which is to take office on Monday, analysts say.
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Romania seals deal with IMF to raise public wages
BUCHAREST (Reuters) - Romania has sealed an agreement with international lenders to restore public wages to their previous levels, a senior official said, as part of the government's efforts to ease an unpopular austerity program. The International Monetary Fund (IMF) has said Romania has some space to ease austerity, which included a 25 percent cut in public sector salaries in 2010. Some have ...
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Romania vows moratorium on shale gas extraction
Romania's new left-leaning government has pledged a moratorium on shale gas exploitation and will review a controversial Canadian plan to build Europe's largest open-cast gold mine.
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Romania vows moratorium on shale gas exploration
Romania's new left-leaning government has pledged a moratorium on shale gas exploration and will review a controversial Canadian plan to build Europe's largest open-cast gold mine.
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Romania gov't: moratorium on shale gas exploration
Romania's new left-leaning government has pledged a moratorium on shale gas exploration and will review a controversial Canadian plan to build Europe's largest open-cast gold mine.
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Analysis: Central Europe walks austerity tightrope
BUCHAREST (Reuters) - When Romania's government cut salaries by a quarter in 1931, it collapsed and the country ran through 22 different cabinets in a decade and slid into dictatorship and war. Eight decades later, another government introduced a similar austerity measure under an International Monetary Fund-led bailout. It fell and parliament threw out its successor after just two months ...
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Canada firm promises Romania $30 bn in gold mine benefits
Canada's Gabriel Resources said Thursday Romania would get $30 billion in economic benefits if it approves a gold mine project at Rosia Montana that has drawn opposition from environmentalists.
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Derisive howl for Romania statue
A new statue representing the foundation of Romania with the ancient fusion of Rome and Dacia has been greeted with howls of derision.
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Statue of naked emperor sparks mockery in Romania
A statue showing a naked Roman emperor Trajan carrying a wolf has drawn jeers in Romania since it was unveiled outside Bucarest's National History Museum.
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Romania Thanks Bulgarian Mayor after Bus Fire Incident
Romania has expressed special thanks for Hristo Yanev, Mayor of the Bulgarian Black Sea resort of Obzor, for his assistance after a bus with Romanian tourists caught on fire on the spot overnight. Yanev received thanks by Romania's Honorary Consul, Evgenia Popescu on Wednesday, the Obzor Municipality said in a statement. Late Tuesday night a bus with 48 Romanian tourists traveling from Romania's ...
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