Finance, Banking and Economic News - 21 January 2011 - financiare.ro
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Finance, Banking and Economic News
21 January 2011



Page: 1 

21.01.2011, 00:00 | Business | 894 views
'Dream shops' migrate online
The so-called 'Dream shops' have turned to the online medium, in order to avoid the troubles they had to face when using brick and mortar stores. read more...


Romanian power consumption is likely to grow by around 2% to 54.8 TWh in 2011, aided by increase demand in industry, the head of state-run power grid operator Transelectrica (TEL.RO) told Mediafax. read more...


World Bank approved on Thursday the second installment for Romania, worth 300 million euro within the Development Program Loan, the WB Bucharest office Chief Economist Catalin Pauna declared. read more...


Finland joins France and Germany in opposing Romania and Bulgaria’s adhesion to Schengen, a spokesperson of the Finnish government announced on Thursday, quoted by AFP. read more...


Meteorologists expect snow and gusty wind throughout Romania Friday evening through Sunday evening, particularly in the southern half of the country. read more...


The family support benefit will be dropped by year-end for those families whose children get below 8 behavioural mark in school (on a scale from one to 10), according to a Government resolution adopted on Wednesday on an initiative of the minister of labour, social protection and family issues. read more...


The county agencies for social services work to the community’s benefit will pay the guaranteed minimum income to the socially assisted people, only based on the reports the town halls are to drawn up on the work they do to the benefit of the community, Labour, Social Protection and Family Minister Ioan Nelu Botis announced in a news conference in the end of the Government meeting, on Wednesday. read more...


National airline TAROM posted 53.56 million lei /some 12.6 million euros/ in 2010 gross profit, according to the company’s budget. According to the draft decision on the budgets of the companies subordinated to the Ministry of Transport and Infrastructure, TAROM recorded total revenues of 1.65 billion lei /some 388 million euros/ in 2010, while total expenditures amounted to 1.59 billion lei /some 374 million euro/. read more...


In 2008, the Romanians were the largest group among the immigrants heading towards the European Union states, namely 384,000, Eurostat (the statistical Office of EU) says in a release on Wednesday. read more...


Almost 90 percent of Romanian internauts browse online daily, mostly on the computer desktops, and do it at home or at work, according to a study of trafic.ro, which collected data from November 15 to December 15. read more...




Romania will allocate 2.1 million euros to the Danube Floodrisk project providing an updated database aimed at supporting the flood prevention to the floodable areas along the Danube’s banks, data collector the Danube Delta National Institute for Research and Development (INCDD) informs in a press release. read more...


President Traian Basescu on Thursday said that Schengen Area entry this year remains a major goal for Romania and he reiterated Bucharest cannot be treated in a discriminatory manner. read more...


France’s representatives, from the Schengen evaluation working group did not request Romania any other information related the SIS/SIRENE report even though he requested more time to examine the report, on January 14th. read more...


Bulgarian authorities arrested 14 customs officers working at the bridge across the Danube with Romania, accused of requesting money from foreigners who were outside the EU, Novinite informs. read more...


Manfred Weber, Vice President of the European People’s Party in the European Parliament demands that Romania and Bulgaria should receive a clear adhesion date for Schengen, even in 2011, RFI informs. read more...


Romania’s Foreign Affairs minister invites the French European Affairs minister, Laurent Wauquiez to conduct an official visit to Romania to get more information on the real situation here so that the ministry can prove that there is not real justification for his statements, a press release of the ministry reads. read more...


Bucharest Court decided on Thursday to reject the request of the second group of dissatisfied BCR clients to suspend the payment of their dues to the bank and compelled them to pay the bank 100,000 lei representing its legal costs. Lawyer Gheorghe Piperea declared for HotNews.ro that this decision is a message for those who want to consider suing banks. read more...


Romania's Government will reduce the depreciation rate, which is a partial discount on the car tax granted to buyers of used cars depending on their state, extra features and mileage, so the tax on such cars will be higher as of 2011. read more...



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