Romania’s Senate committee for culture on Tuesday recommended that the plenum reject a bill that would force local radio stations to play Romanian music for 40% of their music playing air time. read more...

Romania’s Senate committee for healthcare on Tuesday endorsed the bill introducing a copayment system for public healthcare services. read more...

Romania made a “wise” move in securing a two-year follow-up deal with the International Monetary Fund, as it will ensure economic stability even in time of elections, IMF mission head Jeffrey Franks said Tuesday. read more...

Romanian and Greek consumers felt the worst effects of the crisis and the high public debt out of all Europeans last year, while Germans were the best off, according to a study by GfK. read more...

The Romanian anticorruption prosecutors’ request to have the immunity of democrat liberal MP Dan Pasat didn't garner sufficient votes for approval from the Chamber of Deputies Tuesday. read more...

Unions in Romania’s railway sector threaten to go on full-blown strike early March and triggered a work conflict Tuesday as collective work contracts have expired for all three state-owned railway companies. read more...

Three quarters of Romanian children aged between six and 17 use the Internet, 60% of them are contacted by pedophiles and 24% receive sexual messages, according to two studies presented by "Save the Children" and Focus, on Safer Internet Day. read more...

A series of major raids took place at five customs points in Romania starting Tuesday Morning. The points have been monitored for several months as investigators tried to collect enough evidence to prove a series of crimes. Customs checks were halted on both sides of the border. read more...

The Bucharest City Hall has waived the 3% tax on hotel revenue from accommodation for this year, giving up more than EUR2 million in income, but allowing hotel operators to lower their fees by 3%. read more...

Romania's economy is on track for recovery and the probability of a third year of recession is less than 10%, an official of the International Monetary Fund said Tuesday. read more...

Romania’s Foreign Affairs ministry informs Romanian citizens wishing to travel to Greece that in the upcoming period new protests will be organized that will block main roads in Greece and customs points to and from Bulgaria. read more...

Romania's public sector was reduced by almost 90,000 employees by November 2010 and the Government does not plan to "force layoffs" this year, aiming to lower personnel expenses via voluntary resignation or retirement, said Jeffrey Franks, head of the IMF delegation to Romania. read more...

Convenience stores Mic.ro, held by businessman Dinu Patriciu, are seeking to boost sales by means of a card system that would replace the notebook still used for keeping track of debtors in stores in rural areas and small towns in Romania. read more...

The domestic copier and printer market will still be challenging on the consumer segment this year because of consumers' low purchasing power, while estimates are still upbeat with regard to corporate sector acquisitions, maintains Ciprian Barangă, a sales and marketing manager with Epson for Romania and Bulgaria. read more...

Carrefour French retailer, with 1.13bn-euro turnover in 2010, has appointed a domestic entrepreneur, Vlad Ardeleanu, as head of procurement. read more...

Paneuropean corridor IV, the priority objective of the Ministry of Transportation and Infrastructure over the next few years, could be fully completed as late as ten years from now, considering that the Sibiu-Piteşti section is still hanging in the air. read more...

The first 100 files for "First Home" mortgages from the 2011 ceiling have already been approved by the SME Loan Guarantee Fund (FNGCIMM) a week after the scheme was re-launched, but none of the banks that answered a ZF survey have effectively released any loan. read more...

The European Commission wants to include mutual fund investors in compensation schemes, proposing damages of as much as 50,000 euros for each client that suffers losses. However, European states are against such a move, under the pressure of fund managers and banks, fearing that such a scheme for funds would generate high costs. read more...

The revival of consumption, the signal all managers in a sector worth over 21 billion euros per year are waiting for, seems an increasingly unlikely scenario, after a 2010 in which the decline in food, drinks and non-food sales amounted to as much as 14% in volume, with the year also seeing the first decline in value in six years (-4.2%), according to data of market research company MEMRB. read more...

The goal of the new arrangement with the IMF is to encourage durable economic growth, says Jeffrey Franks, chief of the negotiation mission with Romania, after the measures decided with the authorities in the past two years failed to bring about the much desired exit from recession. read more...