Editorial»

Opposition on strike, Power adrift, Romania where to?

February 2nd, 2012 at 9:00 PM
Since Wednesday, the Opposition has been officially on parliamentary strike, protesting the unilateral manner in which the majority led by PM Boc’s Democrat-Liberal Party...

Business»

BNR reduces key interest rate to new all-time low – 5.5 pc

BNR reduces key interest rate to new all-time low – 5.5 pc

February 2nd, 2012 at 9:00 PM
At the same time, the interest rate on the deposit facility was reduced to 1.5 pc, while the interest rate on the credit facility will be set at 9.5 pc a year. The National...

Politics»

Independents’ party – made up of experts on state trading

April 8th, 2010 at 9:00 PM
The Party of the Independents led by General Gabriel Oprea has become a place of assembly for businesspeople who are both vulnerable to blackmail and on the verge of the precipice,...

Social»

Cold death toll rises to 22, new severe blizzards alert issued

Cold death toll rises to 22, new severe blizzards alert issued

February 2nd, 2012 at 9:00 PM
Forecasters warn over new wave of snowfalls and blizzards, recommend drivers to stay put as of today. By     Daniela Baragan Heavy snowfalls and blizzard will be back with...

World»

Anger flares in Egypt after 79 die in soccer riot

February 2nd, 2012 at 9:00 PM
One witness says police did not step in when fighting broke out on the stadium. New protests loom in the capital. CAIRO - Egyptians began three days of mourning Thursday for...

Recent Articles

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Manchester City buys Pantilimon

Manchester City has decided to buy Politehnica Timisoara’s goalkeeper Costel Pantilimon. According to debanat.ro, Manchester City activated the transfer clause in mid-January and wired EUR 3.5 M to Poli Timisoara’s accounts. This is good news for Poli, a club which faces significant financial problems and is at risk of not receiving a League I license [...]

Published by nineoclock on February 2nd, 2012 at 9:00 pm
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Ghetea: Banks interested in agriculture, EU – funded projects

The crediting of agriculture and public administration aimed at putting EU-funded projects into practice remains an area of interest to the Romanian banking system in 2012 as well, Radu Gratian Ghetea, president of the Romanian Banks Association (ARB) and president of the CEC Bank, told a conference on Romania’s economic prospects in 2012, according to [...]

Published by nineoclock on February 2nd, 2012 at 9:00 pm
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Europe freeze: More deaths in Ukraine and Poland

KIEV/WARSAW – Another 20 people have died in Ukraine and nine in Poland as temperatures fall below -30C (-22F), officials say, according to the BBC. Europe’s current cold snap has claimed more than 110 lives so far, including 63 in Ukraine and 29 in Poland. The Serbian authorities say about 11,000 villagers have been cut [...]

Published by nineoclock on February 2nd, 2012 at 9:00 pm
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Bosch to inject EUR 77 M in production unit in Cluj

German auto part manufacturer Bosch will be given on concession a 215,000 m? land area on which it will erect a production facility in Cluj County, an EUR 77 M investment, according to Bosch presented to PM Emil Boc, according to Mediafax. The German group estimates the investment will provide over 300 new jobs in [...]

Published by nineoclock on February 2nd, 2012 at 9:00 pm
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Justice report expected to note reform progress

Praises for anti-corruption body, wealth watchdog. The interim monitoring report of the European Commission in what regards Romania’s legal system reform is expected to note that the country has made significant progress since last summer’s report, according to RFI. The document says Romania has made progress in meeting the benchmarks of the Cooperation and Verification [...]

Published by mihai.barbu on February 2nd, 2012 at 9:00 pm
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Merkel in China on eurozone talks

Angela Merkel, the German chancellor, has arrived in Beijing for a two-day visit expected to focus on the eurozone crisis, Iran and Syria, the BBC said. Accompanied by a 20 strong trade delegation, she was scheduled to meet President Hu Jintao and Premier Wen Jiabao in the capital. On Friday, she will visit Guangdong province [...]

Published by nineoclock on February 2nd, 2012 at 9:00 pm
BNR reduces key interest rate to new all-time low – 5.5 pc
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BNR reduces key interest rate to new all-time low – 5.5 pc

At the same time, the interest rate on the deposit facility was reduced to 1.5 pc, while the interest rate on the credit facility will be set at 9.5 pc a year. The National Bank of Romania (BNR)’s Board of Administration (BA) decided yesterday to reduce the key interest rate by 0.25 pc, from 5.75 [...]

Published by anca.bernovici on February 2nd, 2012 at 9:00 pm
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Operational leasing market might grow by 15-20 pc in 2012

The operational leasing market advanced by 17 pc in 2011 against the previous year, to 37,397 units, compared to 31,923 units at the end of 2010, according to a press release issued by the Association of Operational Leasing Companies (ASLO). According to data centralised by the Association, the top 5 member companies, based on the [...]

Published by nineoclock on February 2nd, 2012 at 9:00 pm
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Friendly: Concordia 3 – CSKA Sofia 1

In a friendly game played in Antalya, Concordia Chiajna, the League I’s last but one team (17th place), defeated Bulgaria’s CSKA Sofia, score 3-1 (1-1). The team coached by Laurentiu Reghecampf unexpectedly won thanks to the goals scored by Vlad Munteanu (16th minute), Rocha (55th minute) and Marian Chitu (75th minute). Vladimir Ivanov scored for [...]

Published by nineoclock on February 2nd, 2012 at 9:00 pm
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First census results: Romania has 19 million people

Romania has a stable population of a little over 19 million, according to preliminary results of last autumn’s census, released by the National Statistics Institute (INS). According to the data, there are a total of 19,042,936 people who make up the country’s stable population. Almost a million people were declared absent for the country for [...]

Published by nineoclock on February 2nd, 2012 at 9:00 pm
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