Archive » December 2007 » 13 December 2007 The english news from 13 December 2007
Ministry of Transport wants 1 billion euros from CFR Marfa privatisation
The Ministry of Transport (MT) wants to obtain at least one billion euros from the privatisation of CFR Marfa (freight railway), and the sales strategy will be finalised within three months by the Deloitte-Bostina consortium, declared Minister Ludovic Orban on Wednesday. The MT hired the consortium made up of Deloitte Romania and the Bostina si Asociatii law firm…
2008 Budget approved by Parliamentary commissions
The joint budget-finances commissions of the two Chambers have adopted yesterday the 2008 State Budget, Rompres informs. The MPs from the joint budget-finances commissions have authored a favourable report on the state budget draft law, one that includes around 2,000 amendments…
Romania Signed EU Reform Treaty In Lisbon
Romania's President Traian Basescu, Prime Minister Calin Tariceanu and foreign affairs minister Adrian Cioroianu signed Thursday in Lisbon the European Union's reform treaty, alongside leaders of all EU member states. EU leaders gathered in Lisbon Thursday to sign a landmark treaty which they hope will revitalize Europe and replace its Constitution…
New British players on the banking market
In the coming three years new players are expected to come onto the Romanian banking market, following Royal Bank of Scotland, which took over ABN Amro, although British banks have not considered Romania a strategic location to date, according to Raymond Breden, Co-Chairman of the Romanian-British Chamber of Commerce…
Romania to face harsh criticism from EC over the ongoing hobbling in the justice system
The European Commission's report on the progress of the Romanian justice system and the fight against corruption to be released in January 2008, will include sharp criticism against Bucharest breaking its pledges, EU officials told NewsIn. EU experts analyzed the country's legal system and especially recorded all the events…