Finance, Banking and Economic News 3 June 2011
German and the Czech Republic decided to block all contracts and not purchase cucumbers from Romanian producers and from those in the EU until the source of the contamination is established. Romanians export 160 tons of cucumbers each day, Agriculture Ministry state secretary Adrian Radulescu said for a news television. read more...
Tourist arrivals in Romania rose 5.1% in April from the year-earlier month, while tourist accommodations were up 2.2% on the year, the statistics institute INS said Friday. read more...
PM Emil Boc sent to the chief of state the proposal to name Sebastian Lazaroiu, former presidential counselor, as Labour minister, a press release of the government informs. The interim period assured by the Prime Minister ends today, June 3rd. read more...
Romania’s Economy ministry plans to obtain more than 600 million euro by selling the minority share pack of 9.86% of Petrom, Economy minister Ion Ariton declared on Friday quoted by news agency Agerpres. He said that the ministry hopes to make a successful business by selling its shares at Petrom. read more...
The government’s decision to eliminate heating subsidies to the population starting this year will have an impact over this year’s inflation rate that already reached 8.3% in April, IMF chief of mission in Romania said quoted by news agency Mediafax. He estimates that the impact on inflation will be 0.5 percentage points. read more...
Romanian emergency room doctors who refuse to provide care to a patient in critical condition may be fined between 2,000 and 15,000 lei (EUR480-3600), depending on the consequences, says a draft decision drawn up by the Health Ministry. read more...
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