Archive » February 2010 » 11 February 2010 The english news from 11 February 2010
Foreign nationals to have personalised stay permits, travel documents
The Romanian Parliament's lower Deputies' Chamber on Tuesday approved the National Centre for Personalised Electronic Passports to be tasked with also personalising the stay permits and travel documents issued for the foreign nationals.The deputies in a plenary session passed a 217 to six vote and three abstentions to adopt a draft law on the approval…
PwC: Government may consider raising VAT by 2% this year
The Government could propose an increase in added value tax rate this year by 1-2% from 19% to address the sagging tax revenues, according to PricewaterhouseCoopers (PwC)."You would be surprised to see the results of a VAT increase by as little as 1%. The Government might consider this action in case it fails to meet the budget deficit targets agreed with the International Monetary Fund"…
Statistics: Romania's December trade deficit narrows 45%
Romania's trade deficit narrowed in December 45.8% from the same period of 2008 to €850.6 million (3.6 billion lei) on 18.9% rise in exports paired with the 9.9% decline in imports, data from the National Institute of Statistics show.The Euro value of commodities exported by Romania increased by 18.9% from December 2008 to €2.33 billion…
European Parliament approves new EU commission
The European Parliament (EP) elected the new European Commission (EC) by 488 votes to 137, with 72 abstentions, in Strasbourg on Tuesday. The vote took the form of a single ballot on the whole college of commissioners, consisting of one commissioner from each of the 27 European Union (EU) Member States…
Toyota Romania recalls 12,500 cars for service checks
Japanese carmaker Toyota will recall 12,500 vehicles sold in Romania that might have defective gas pedals and will check them at the company's expense, the carmaker's local representative said Tuesday…
Investors become more optimistic about Romania's economy
Investors have become more optimistic about Romania's economic situation in the November-January period compared to the three previous months, according to a Reuters/OeKB opinion poll about the confidence in business in Central and East European states.Thus, the confidence index in business in Romania has grown by 11 points…
Germany's Max Bogl, interested in building Drumul Taberei underground main line
German construction group Max Bogl has voiced interest in participating this year in various construction projects in Romania, including main line 5 of the Bucharest metro, the Deva-Orastie by-pass and some environmental projects…