Archive » January 2008 » 07 January 2008 The english news from 07 January 2008

  • Dacia to start car exports to Scandinavian countries

    This year, Dacia will start to export and market cars to the Scandinavian countries, both by developing an own network and through the Renault dealers network, declared the Commercial Manager of the Dacia-Renault-Nissan group, Jacques Daniel. "This year will mark the start of Dacia car exports to the Scandinavian countries, both through the Renault network and an own network of Dacia dealers.…

  • NY Times Critics Nominate Romanian ''4,3,2'' For 6 Oscars

    Film critics of the New York Times consider Romanian director Cristian Mungiu's "4 months, 3 weeks and 2 days" should be nominated in six categories in this year's edition of the Academy Awards, not just the Best Foreign Language Film section, the Romanian Cultural Institute in New York said.…

  • Romania's international reserves, above 27 bln euros on December 31

    Romania's international reserves amounted at 27.19 billion euros on December 31, 2007 Romania's National Bank announced on Friday. Foreign currency liquidity totalled 25.307 billion euros and the gold reserves, of 103.7 tons, were in the value of 1.879 billion euros, according to a Central Bank release.…

  • First Hard Rock Cafe in Romania to open in Herastrau park on January 20

    The first Hard Rock Cafe in Romania will open on January 20 in Herastrau park in Bucharest, close to the landmark Triumph Arch where the main avenues of the city's entertainment district begin, a release from Hard Rock International reads. Hard Rock Cafe in Bucharest unfolds over 2,000 square meters making it one of the largest in Europe.…

  • Basel II regulations to lead to easier retail financing and banking consolidation

    The Basel II banking system regulations, which went into effect as of 1 January 2008, will lead to easier financing for retail, more expensive financing for the public sector, higher banking consolidation, and more transparency in terms of risk calculations, according to leading local market bankers.…

  • Romania starts legal action vs. EC

    The Government decided, in its last session, to use its legitimate rights in relation to the decision of the European Commission to reduce the quota of polluting emissions by 20 per cent. On the basis of this mandate, Romania brought, with European Commission (EC) First Instance Court, two actions for the annulment of EC decisions, on December 21, 2007 as declared…

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