Archive » July 2009 » 13 July 2009 The english news from 13 July 2009

  • The First House incentive program raises prices for old homes by up to 10%

    One of the effects of the First House ("Prima Casa") incentive program aimed at helping people acquire their first home was an increase of 5 - 10 percent in the price for old homes estimated at less than 60,000 euros, according to real-estate analysts polled by NewsIn…

  • Rental prices keep dropping in June

    Rents fell in June for the third consecutive month this year, according to data provided by the National Institute of Statistics (INS) on the evolution of consumer prices. Thus, rental prices slid 0.07 percent in June month-on-month. However, this drop is lower than those registered in April and May, when rents decreased 0.97 percent and 0.22 percent…

  • The last details on Nabucco project, discussed last night by Executive

    The government had a session, yesterday, around 21:00, to discuss on the Nabucco project, remaining that PM Emil Boc signs today, in Ankara, the inter-governmental agreement, instead of President Traian Basescu. This happens in spite of the fact that the head of state informed on Friday that "some issues have occurred in relation to Nabucco intergovernmental agreement"…

  • The exchange rate and more expensive oil keep inflation up

    The depreciation of the national currency as well as the rising price for fuels kept the inflation at a high value in June despite the period of economic crisis, deem analysts, who expect the deflation to continue if the leu remains stable. The country's statistics body INS announced today the annual rate of inflation lowered in June to 5.86 percent from 5.95 percent in May…

  • EC Unlocks EUR170M SAPARD Funds For Romania

    The European Commission sent Saturday a letter to Romanian authorities, informing them SAPARD payments worth EUR170 million have been unlocked, Romanian agriculture minister Liviu Harbuz told MEDIAFAX. The letter was sent to the President, the Prime Minister and the agriculture minister…

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