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News Archive for February 8th, 2010

News from Romania. News Archive for February 8th, 2010



The Bucharest Stock Exchange grows mildly at day-end, the SIF sector recovers 1.85%

The SIF sector recouped strongly on the [... more]

Bankers ask for mortgage interest deduction and extended lending state guarantee

The fiscal deductibility of the interest rate of mortgages, the elimination of VAT for loan-related insurance and the priority capitalisation of the SME Loan [... more]

Paskany hasn’t got money to start building Cluj Sheraton

Businessman Arpad Paszkany, owner of CFR Cluj football team, has yet to secure financing for an over 120 million-euro real estate project in Cluj, which was [... more]

70% of Romanian agricultural firms heading for bankruptcy

Romania’s top agricultural players in terms of turnover and in terms of farming area have, at ZF’s request, put together a scenario for the sector they [... more]

Bechtel: We need about 300 million euros this year to resume works on Transilvania motorway

American company Bechtel plans to continue building Transilvania motorway if the necessary funds will be made available, Bechtel communication manager Bogdan [... more]

EC proposes to extend Romania's deficit cut deadline by one year

The European Commission (EC) proposed to the European Union Council to extend by one year (namely 2012) the deadline for Romania's endeavour to cut the [... more]

RCS&RDS tries to sell $200m worth of bonds

Romanian RCS&RDS company, one of the biggest telecom operators in the region, will try to boost its low liquidity level by selling bonds worth $200m, [... more]

NBR, record-high 1.1bn-euro profit in raging recession

The central bank profited from placements with banks, but also from selling euros at 4 RON, above the purchasing price of years [... more]

Unemployment rate reaches 8.1%. Private sector laid off 4.5 times more than public sector

Mehedinti - 14,5% (south-west), Vaslui 13,5% (east), Alba - 13,4% (central-west) are the Romanian counties with the highest unemployment rate, while Bucuresti [... more]

American dealer claims to sell in the US electric cars assembled in Romania on Dacia patterns

A piece of news from an American newspaper, Des Moines Register, has attracted big interest online. The owner of a company that used to sell Chrysler found a [... more]

American dealer claims to sell in the US electrical cars assembled in Romania on Dacia patterns

An items of news from an American newspaper less known in Romania, Des Moines Register, has attracted big interested online. The owner of a company that used to [... more]

Romanian Finance minister: Hopes for Romania to shift to a precautionary IMF agreement

Romanian Finance Minister Sebastian Vladescu hopes that Romania can shift from a stand-by loan agreement to a precautionary agreement with the IMF in the near [... more]

ANRE report: Natural gas consumption dropped 15% against 2008

Natural gas consumption in Romania dropped 15% on a national level in 2009 in comparison with 2008: from 15.5 billion cube meters (165 million MWh) in 2008 to [... more]

Moscow press: Romania turned into American defence border

Romanian President Traian Basescu's statement according to which Romania is ready to host elements of the American missile shield on its territory triggered [... more]

South and South-East Romania, buried in snow

After heavy snowfalls and strong wind, the week in Romania starts with 16 national roads closed to traffic due to unfavourable weather conditions. The most [... more]

What the newspapers say: February 8, 2010

Romania’s become "global intelligence leader", the country of all services. Elsewhere in the news, retirement meant to cover unemployment, [... more]