Archive » February 2010 » 12 February 2010 The english news from 12 February 2010

  • Government approves new pension law

    The Government finalized the draft law on pension, which will be submitted to the Parliament to pass and had in view the application solutions of the public pensions conditions, as proposed by the loan agreements concluded in 2009 with the International Monetary Fund (IMF), European Commission (EC) and World Bank (WB)…

  • Analysts: Inflation kept over 4.5% in January

    The annual rate of inflation was in January between 4.5 and 5% mainly due to the increase of excises, the analysts estimate, being divided as regards the chances to reach the inflation target at the end of this year…

  • FP shareholders voted a new Council for Supervision and approved the Franklin Templeton contract

    The General Meeting of Shareholders of Fond Proprietatea approved a new council for supervision among whose members we find Pogea Gheorghe, the former finances minister and Gratiela Iordache, the state secretary in the ministry of finances. The FP shareholders chose Lucian Croitoru as well, although he had announced he withdrew his application…

  • Consultant to Cernavoda NPP units 3 and 4: €4 bln, the right price for the construction of the project

    The price estimated for the construction of the Cernavoda Nuclear Power Plant Units 3 and 4 is fair , says Hugh MacDiarmid, chairman and CEO of Atomic Energy of Canada Limited (AECL), the company that will provide consulting services in the nuclear safety and engineering to the €4 billion-NPP units…

  • EU continues search for biofuel 'green' criteria

    Defining sustainability criteria for biofuels will be one of the first dossiers on the table of the newly appointed environment and energy commissioners, as persistent disagreements continue to divide the EU executive. A draft version of a European Commission communication on the EU's biofuel sustainability scheme was published by the Friends of the Earth, an environmental NGO, on its website …

  • Romanian Academy: Romania's underground gold reserve, national strategic resource

    Romania's underground gold reserve represents a non-renewable resource of national strategic importance, property of the Romanian state, and its fate cannot be decided by the local authorities alone, says the Romanian Academy in a release referring to the project of gold exploitation in Apuseni Mountains…

  • Photovoltaic energy to be produced in Floresti

    Floresti Town Hall is the first local administration in the country to own an authorization to produce green power from photovoltaic source, receiving also green certificates to this purpose, said Local Council Chairman Mircea Cosma, on the occasion of a debate organized in this locality regarding the project 'Photovoltaic Energy in Floresti Town'…

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