Archive » May 2006 » 05 May 2006 The english news from 05 May 2006
Bulgaria, Romania Trade to Exceed $1bn in '06
The Romanian-Bulgarian trade exchanges increased by 25 percent in 2005, to 1.1 billion dollars (900 million euros), while in 2006 the volume of the bilateral trade will exceed one billion euros, stated First Secretary for Economy and Trade with Bulgaria's Embassy to Romania Atanas Stamov, ACT Media news agency reports.…
Romania Will Have 3G Licenses by EU Entry Time
The last two licences of 3G generation telephony, which stirred the interest of Cosmote and Zapp operators will be purchased soon, thus, when joining the EU, the Romanian market will have four operators with 3G licences, Nine o'Clock reports.…
Romania: RomTelecom Launches First Internet- Voice Package
Landline operator RomTelecom launched the first package allowing for Internet navigation and phone calls, according to a news release issued by the company, Nine o'Clock reports.…
Romania not 100% Ready for EU Entry, Scheele States
The head of the Delegation of the European Commission in Bucharest, Jonathan Scheele, stated that Romania was not “a hundred per cent” ready to join the EU and that, in October 2005, there were 14 areas where “major issues” were still pending, Nine o'Clock reports.…
Romania: Five Companies Bid for Nat'l Post Restructuring
Five financial and restructuring consultancy companies of international reputation submitted offers for providing consultancy ahead of the Romanian National Posts Company restructuring, informed the Ministry of Communications and Information Technology, ACT Media news agency reports.…
Romanian and Greek PMs Discuss Trade Cooperation Development
Romanian PM Calin Popescu-Tariceanu and his Greek counterpart Mr. Costas Karamanlis met in Thessaloniki, ahead of the summit of the heads of state and government participating in the Process of Cooperation in South-East Europe (SEECP) and discussed ways of stimulating trade cooperation and investments between the two countries, ACT Media news agency reports.…
Romania: Q1 Budget Surplus Exceeds €600 mn
The Finance Ministry announced the figures on the state budget after the first three months of the year, reporting a situation rather seldom met in Romania’s post-1989 history, namely an over EUR 600 M budget surplus, accounting for close to 0.7 per cent of GDP, Nine o'Clock reports.…
Romania: Financial Aid to Mining Sector to be Discontinued After EU Accession
At a recent meeting between European Commission officials from DG Competition and representatives of the Romanian Ministry for Economy, there was a discussion of the general conditions in which state aid for mines might be possible and decided that the mining sector could no longer receive financial aid on a continuous basis after accession, ACT Media news agency reports.…
Romania: SEECP Members Sign Agreement for High-Speed Rail Network Creation
The member states in the South-East European Cooperation Process (SEECP) signed in Thessaloniki, an agreement stipulating the creation of a high-speed rail network in the region, ACT Media news agency reports.…
Bulgaria, Romania: EU Will Ask for Budget Accounting Rules Improvement
The ministers ofo Finance in the European Union will request Romania and Bulgaria to improve budgetary accounting rules, and Croatia and Turkey to reduce fiscal deficits, Nine o'Clock reports.…