Archive » July 2009 » 23 July 2009 The english news from 23 July 2009
Romania escapes justice clause, but remains under EC monitoring
The Justice report to be presented Wednesday by the European Commission does not recommend the activation of the safeguard clause, which could be applied only until the end of the year, but monitoring will continue until the justice system functions properly and the political class will support the anti-corruption fight…
PM Boc: The private sector, most affected during the crisis
While the chief of the Executive voiced his hope that, after the negotiations with IMF and EC, Romania will enforce the non-taxation of the reinvested profit, the minister in charge with SMEs, Constantin Nita wants this norm deferred, most probably for the next year…
EC report on progress in Romania's judiciary: CVM mechanism will stay in place
The Co-operation and Verification Mechanism (CVM) set up to help Romania tackle the recognised need for far reaching judicial reform and the fight against corruption following its accession to the European Union on January 1, 2007 will stay in place, reads a report from the Commission to the European Parliament and the Council on Progress in Romania under the Co-operation and Verification Mechanism released on Wednesday in Brussels…
Romania's Govt OKs "First House" Program's Changes - Sources
Romania's Government approved Wednesday the changes brought to the "First House" program and agreed during the bank managers' Tuesday talks with Prime Minister Emil Boc, official sources told MEDIAFAX. Boc met Tuesday with the bankers interested in the program that grants a state guarantee of up to EUR60,000 for people aiming to buy their first house…
Romanian unit of Hungary's OTP seeks Participant status on Bucharest bourse
The Romanian arm of Hungary's OTP Bank and Balcan Advisory Company Securities of Bulgaria have recently expressed interest to the Bucharest Stock Exchange to become participants of the regulated market administered by the bourse. The interest shown by the two institutions comes as a consequence of the programme launched by the Bucharest Stock Exchange with the aim to attracting new market players…
Tarom starts Bucharest Zurich
Starting from 3 August the Romanian airline four times per week of Bucharest flies the distance four times per week to Zurich.Ab this date on Monday, Wednesday, Friday and Sunday is in each case served…