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BUCHAREST / 21:01, 15.09.2008 Romania will send 20 observers to the EU independent civilian mission in Georgia, Foreign Minister Lazar Comanescu said Monday. "The surveillance mission is the beginning of a more substantial involvement of the European Union in the situation in Georgia. The European Union proved its... [related news and comments]
BUCHAREST / 20:38, 15.09.2008 European Union foreign ministers on Monday told newcomer Romania to step up the fight against corruption and to produce "more convincing and more lasting" results in the legal and administrative system. The ministers said both Romania and neighbor Bulgaria are to "intensify their... [related news and comments]
BUCHAREST / 19:47, 15.09.2008 The European Commission recommended Romania should tighten its fiscal policy and reduce bureaucracy, European Commissioner for Multilingualism Leonard Orban said Monday. "The EC’s evaluation is very clear. Romania has to enact its structural reform program, primarily focused on... [related news and comments]
BUCHAREST / 19:24, 15.09.2008 Romania has nothing to fear from possible influences of the financial turmoil in the U.S., Romanian Premier Calin Popescu Tariceanu said Monday. The battered U.S. financial system, which took a new hit with the collapse of Wall Street giant Lehman Brothers, has little or no connections... [related news and comments]
BUCHAREST / 19:24, 15.09.2008 Coca-Cola HBC Romania, subsidiary of Greek group Coca-Cola HBC, will shut down mid-November its factory in Oradea, northwestern Romania, while the 102 employees are to receive compensatory payments, the company said Monday. The Romanian subsidiary said the move will help consolidate... [related news and comments]
BUCHAREST / 17:53, 15.09.2008 Romania will inevitably be affected by the slowdown of the economic growth in the European Union member states, even though the countrya€™s economy reported a significant growth over the past months, European Commissioner for Multilingualism Leonard Orban said Monday. "The European... [related news and comments]
BUCHAREST / 17:48, 15.09.2008 The Romanian economy should ground on local equity firms, able to expand on the regional markets instead of multi-national companies whose projects are subject to the countrya€™s economic outlook, Premier Calin Popescu Tariceanu said Monday. Tariceanu urged to supporting Romanian equity... [related news and comments]
BUCHAREST / 16:20, 15.09.2008 Czech Aero Vodochody and Israeli Marcovici Capital Ltd submitted bids for the sale of the majority stake in Romaniaa€™s sole helicopter maker IAR Ghimbav, by the deadline on September 15, representatives of the countrya€™s privatization authority AVAS said Monday. French Eurocopter and... [related news and comments]
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