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Trade-Unions Press For Salary Hikes

The strike at Dacia car-maker will inevitably end with salaries' hike, even if not at levels trade-unions want to. Though this may be regarded by investors as an unwelcome precedent, they may still consider Romania as...

Basescu asks Belgrade to communicate with Pristina

Yesterday, the Serbian President, Boris Tadici, made a quick visit to Bucharest and was advised by his Romanian counterpart to “get over the difficult moment faster” and not to give up on the EU...

Kosovo Ltd

The Kosovo province, a small part of the former Yugoslavian Republic, has unilaterally proclaimed its independence. Drafts The Kosovo province, a small part of the former Yugoslavian Republic, has unilaterally...

11 Residential Projects To Start Up This Year

Real-estate developers said in January that 11 new projects would take shape in 2008, promising to deliver 7,800 housing units over a two-year period. Real-estate developers said in January that 11 new projects...

Vedetă TV din Germania recunoaşte că este lesbiană

Anne Will, una dintre cele mai cunoscute prezentatoare ale postului public de televiziune din Germania, a şocant audienţa cu o declaraţie făcută in direct: „Sunt lesbiană!" Conform Bild, citat de...

People`s choice, Basescu`s choice

There are a lot to say. However, this decision of the Romanian Parliament saying that, if the referendum is not validated, the MPs will decide what to do, is somewhat strange. In other words, the President should be at...

Cars Will Race Around The Parliament Building In May

The "Vodafone Bucharest Challenge 2007" car race on a street track will take place this year between 18 and 20 May in Bucharest, Romania. The track will consist in circling, at an average speed of 230 kilometers per...

Political poles following local elections

Political analysts comment the regrouping of political forces following the local elections and say two weight-poles emerged: the SDP and the NLP-DP Alliance MONICA IORDACHE The will of both the Social Democrat...

The electoral campaign doubles the salaries

The Executive promised on Saturday to double the minimum wage by year 2008. Economic analysts say this can be achieved only with restructuring the economy and 10 percent economic growth per year DANIELA IVAN Marian...

The fight for low interest rates

On the backdrop of low inflation (deflation), the National Bank of Romania (NBR) cut its reference interest rate with half a point, down to 20.75% from 21.25% previously, thus confirming a move anticipated by many. ...

The political left, the political right, and the Romanians

There is one deeply entrenched view that Romania had solid traditions regarding the right-wing political thought and was poorly represented to the left of the political spectrum. One tends to name, to that end, great...

Privatization or Liquidation

ECONOMY The Authority for State Assets Recovery (ASAR) will have to sell by year-end some 133 state-owned companies or else these will have to file for bankruptcy CATALIN BUDESCU Once the privatization process will...

The Olympic Flame and the Idea the New York Mayor Had

OBSERVATOR - June 19 2004 The 19th of June will be a date to remember for Nadia Comaneci, the Romanian former gymnast: Michael R. Bloomberg, the mayor of New York City wanted Comaneci to carry the Olympic Flame...

ENEL bought Electrica

ECONOMY - June 19 2004 The Italian group ENEL will pay 112 million euros for the majority stake in two of the Electrica regional subsidiaries: Electrica Banat and Electrica Dobrogea. ENEL will thus control a f...

Political fight not over when polls were closed

ION CRISTOIU - June 21 2004 Not even now, at the end of the second round of voting, is one to know for sure which political party won the local elections. The Social Democrat Party says it won, pointing out the...

The Lands Revenge

EUGEN SERBANESCU June 22 2004 Some top secret reports of SRI that got to the Parliament say that already huge areas, especially in Banat and Transilvania, have been bought for nothing by foreign citizens,...

6,000 euros are guaranteed in the bank

ECONOMY - June 24 2004 The banking deposits of the people and companies will be guaranteed in the limit of 6,000 euros starting from next month. Until January 2007 this limit will reach the level of 20,000 euros...

Big Trucks Win Over Romania

ECONOMY - June 25 2004 During the last four years, the truck market was on a constant up-ward slope, with some 15% growth per year. FLORINA ZAINESCU "This is a far more accelerated growth when compared with...

The Social Democrat Party Works Hard To Its Own Dismantling

ION CRISTOIU - June 28 2004 The political parties making the Alliance - the Democrat Party (DP) and the National Liberal Party (NLP) - did away with their state of euphoria following the results in the local...

The Prices of the Apartments Are Rapidly Decreasing

REAL ESTATE July 3 2004 The market of the residential blocks of flats begins to lower the prices after the artificial increase in the last year. In Bucharest prices of apartments began to decrease by 10-15% in...
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