Archive » July 2010 » 22 July 2010 The english news from 22 July 2010
Romanian exports - on the rise
Romania's exports emerged out of the recession and, after eight months of steady growth, it almost reached the level reported before the recession struck, the secretary general of the National Association of Romanian Exporters and Importers (ANEIR), Mihai Ionescu, stated, on Wednesday, in a press conference. After a downward trend which lasted exactly 12 months, from November 2008 to October 2009, export being the first…
Mugur Isarescu: Romania cannot correct its structural deficit by economic growth alone
Governor of the National Bank of Romania (BNR) Mugur Isarescu told a debate organized in Bucharest, on Wednesday, that Romania could not correct its structural deficit by an economic growth alone, but also that this country's sovereign debt was not dramatic at all. "Budgets are in distress not only in Romania, but also everywhere Europe. In Romania, even if some figures have a dramatic character…
Ceausescu spouses remains, exhumed
A medical team from the Institute of Legal Medicine in Bucharest is exhuming on Wednesday the remains of Nicolae and Elena Ceausescu, executed during the Romanian revolution in 1989. The medical doctors are to take biological samples and send them to the laboratory for DNA testing. Husband of Zoia Ceausescu (Ceausescus' daughter) Mircea Operan will be present on behalf of the family. …
EC could initiate infringement procedure if wages in BNR are cut
The European Commission (EC) warned Romania that it may initiate the infringement procedure unless the law which stipulates the reduction of wages of National Bank of Romania (BNR) employees is modified, Mediafax informs. "The EC sent the ambassador Mihnea Motoc, the head of the Romanian Mission at the EU, a note warning that, unless the BNR wage cuts' law is modified, it may start the infringement procedure, as this is…