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Romania

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Romania Has Confirmed Its Intention To Join Euro Area By 2015 - Merkel
Macroeconomics

Romania Has Confirmed Its Intention To Join Euro Area By 2015 - Merkel

German Chancellor Angela Merkel on Thursday said in a joint news conference with Romanian President Traian Basescu that Romania has confirmed its intention to join the euro area in 2015, add...

Andrei Cîrchelan · 10.11.2011 · 17:14 · 1 min
Romania To Raise Contribution To IMF By Almost EUR900M
Banks-Insurance

Romania To Raise Contribution To IMF By Almost EUR900M

Romania will raise its contribution to the International Monetary Fund by SDR 781.2 million (about EUR900 million), from SDR 1.03 billion to SDR 1.81 billion, with three quarters of the rais...

Radu Bostan · 08.11.2011 · 18:38 · 1 min
Nicole Kidman May Promote Romania In New Documentary
Media

Nicole Kidman May Promote Romania In New Documentary

Australian actress Nicole Kidman might promote Romania's tourist attractions in a documentary developed by the Travel Channel, said Paul Lister, the producer of "Wild Carpathia," a film that...

Radu Bostan · 08.11.2011 · 14:31 · 1 min
Energy

Boc Announces Serbia's Involvement In AGRI Project

Serbian Prime Minister Mirko Cvetkovic has expressed his country's interest in joining the AGRI project and has been invited to Romania next year for talks on the details, Romanian Prime Min...

Radu Bostan · 04.11.2011 · 15:59 · 1 min
UPC Romania 9-Mo Revenues Down 2%, To $109M
Technology &Telecoms

UPC Romania 9-Mo Revenues Down 2%, To $109M

Revenues of communication services provider UPC Romania dropped 2% in the first nine months of the year, to $109.1 million from $111.6 million in the same period last year, but saw a slight...

Oana Gavrila · 03.11.2011 · 10:26 · 1 min
UK To Decide On Lifting Work Restrictions For Romanians By Yearend - Ambassador
Banks-Insurance

UK To Decide On Lifting Work Restrictions For Romanians By Yearend - Ambassador

The British Government will take a decision on lifting labor market restrictions for Romanians by the end of the year, based on analysis by independent experts, which will be published in No...

Ioana Tudor · 02.11.2011 · 17:01 · 1 min
Banks-Insurance

Tanasescu: Foreign Banks May Withdraw Money From Romanian Subsidiaries

Romania’s representative to the International Monetary Fund, Mihai Tanasescu, said Sunday foreign banks’ local subsidiaries may transfer money outside the country should mother banks ask for...

Ioana Tudor · 30.10.2011 · 13:22 · 1 min
Chevron To Start Romanian Wells For Unconventional Gas In 2012
Energy

Chevron To Start Romanian Wells For Unconventional Gas In 2012

US oil group Chevron will start drilling in Romania in 2012, seeking unconventional gas, Thursday said the company’s Romania manager, Thomas Holst, during a seminar.

Andrei Cîrchelan · 27.10.2011 · 13:12 · 1 min
Binkofski, Microsoft: Romanian IT Industry Should Focus On Exports
Technology &Telecoms

Binkofski, Microsoft: Romanian IT Industry Should Focus On Exports

The Romanian IT industry has development potential in the future and should focus on exports, Ronald Binkofski, general director of Microsoft Romania, said Wednesday in the forum ZF Digital...

Ioana Tudor · 19.10.2011 · 12:14 · 1 min