Archive » October 2009 » 15 October 2009 The english news from 15 October 2009

  • Traian Basescu: I do not want a government of technocrats

    After the no-confidence vote initiated by the National Liberal Party (PNL) and the Democratic Union of Hungarians in Romania (UDMR) against the government headed by Emil Boc was passed by Parliament on Tuesday, it is now up to President Traian Basescu to appoint a new Prime Minister…

  • Local Taxes In Romanian Capital To Rise 15% As Of 2010

    Inhabitants of Romania's capital, Bucharest, may pay 15% higher local taxes in 2010, up to 15.49% more for buildings, depending on their location and the materials they are made up of, according to a City draft law. The City of Bucharest has submitted to public opinion a draft law on local taxes…

  • Final electricity consumption to grow by 18 pc in 2012

    The electricity consumption at the end-user will grow from 48 terrawatt an hour in 2008 by 18 percent in 2012 to 57.32 TWh and to 66.22 TWh in 2017, read data grid Transelectrica sent to the Bucharest Stock Exchange (BVB), about its prospect plan over 2008-2012, and the indicative figures for 2017…

  • Citibank extends business in Romania with full-service retail segment

    After building a business focused towards the corporate segment Citibank announced yesterday in a press conference the launch of a complete range of products and services tailored to individual customers in Romania. The Retail Banking offering includes Citibank Online, the internet banking platform and CitiPhone Banking the phone banking platform…

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