Romanian consumers could be able to receive some of their money back on products they have purchased if they ask for the fiscal bills, and also deduct some repairing works for their homes, if a law project in works will be enforced. The Finance Ministry is working on a piece of legislation which should be ready in September and which could be enforced in the fourth quarter of the year or at the beginning of next year.

The wind farm frenzy in Dobrogea has gone wild when five people where shot with rubber bullets on the premises of one of these wind farm projects in the area. The shooting followed a conflict between the inhabitants and the mayor in Cogealac locality, on one hand, and the body guards protecting the wind farm project which is being built there.

Official unemployment went down in Romania in June this year compared to May, although as many as 70,500 people were officially recorded as unemployed in June, according to data from the National Agency for Workforce Occupancy.

An International Monetary Fund (IMF) mission, headed by Jeffrey Franks, will be in Bucharest between July 26 and August 4 for the fifth review of the stand-by agreement Romania has signed with the fund. An European Commission review mission will also be visiting Romania during this period.

Seven European banks, most of which coming from Spain, have failed the European union's stress test whose results were published on Friday. One of the banks that has failed the test, Greek ATE Bank, is also active in Romania. The seventh bank is the German Hypo Real Estate bank.

The International Monetary Fund and the European Commission have agreed with the first nine foreign banks in Romania over an exposure rate of 95 percent of the level in March 2009. IMF, Eu and banks' representatives met yesterday in Brussels, together with Romanian Central Bank (BNR) and Finance Ministry representatives from Romania.

Foreign direct investments in Romania went down in May this year by 31.5 percent compared to the same month of 2009, according to the Foreign Investments Direction within the Romanian Center for the Promotion of Trade and Investments. It had been worse at the beginning of the year, when the FDI drop was of 73 percent, but investments increased during March, where the drop was of only 48 percent.

Romanian media, New round of talks with IMF starts from 0.5% GDP decline scenario in 2011 – in Ziarul Financiar, Romanian shops no longer give fiscal receipts to make food cheaper– in Ziarul Financiar, iFond brings FP shares to the Stock Exchange sooner – in Ziarul Financiar, Four banks have 33 million euros to recoup from insolvent Impact – in Ziarul Financiar, 100 wind project have contracts with Transelectrica – in Ziarul Financiar,

Automobile Dacia, Nokia Romania, Rompetrol Rafinare, ArcelorMittal Galati and OMV Petrom were the main exporters from Romania in the first four months of the year, when Romanian exports found a way our of recession, according to data from the National Association of Exporters and Importers (ANEIR).

Romania ranks second in terms of the hourly workforce cost increase among the newest ten EU member states, shows a recent report from the World Bank. The recently issued report on economic development in EU 10 (the countries which joined the EU in 2004 and 2007) shows most of the countries have simplified the procedures to access EU funds, monitor and manage these funds, while Romania has taken measures only on the implementation of these funds.

Romanian consumers could be able to receive some of their money back on products they have purchased if they ask for the fiscal bills, and also deduct some repairing works for their homes, if a law project in works will be enforced. The Finance Ministry is working on a piece of legislation which should be ready in September and which could be enforced in the fourth quarter of the year or at the beginning of next year.

The wind farm frenzy in Dobrogea has gone wild when five people where shot with rubber bullets on the premises of one of these wind farm projects in the area. The shooting followed a conflict between the inhabitants and the mayor in Cogealac locality, on one hand, and the body guards protecting the wind farm project which is being built there.

Official unemployment went down in Romania in June this year compared to May, although as many as 70,500 people were officially recorded as unemployed in June, according to data from the National Agency for Workforce Occupancy.

An International Monetary Fund (IMF) mission, headed by Jeffrey Franks, will be in Bucharest between July 26 and August 4 for the fifth review of the stand-by agreement Romania has signed with the fund. An European Commission review mission will also be visiting Romania during this period.

Seven European banks, most of which coming from Spain, have failed the European union's stress test whose results were published on Friday. One of the banks that has failed the test, Greek ATE Bank, is also active in Romania. The seventh bank is the German Hypo Real Estate bank.

The International Monetary Fund and the European Commission have agreed with the first nine foreign banks in Romania over an exposure rate of 95 percent of the level in March 2009. IMF, Eu and banks' representatives met yesterday in Brussels, together with Romanian Central Bank (BNR) and Finance Ministry representatives from Romania.

Foreign direct investments in Romania went down in May this year by 31.5 percent compared to the same month of 2009, according to the Foreign Investments Direction within the Romanian Center for the Promotion of Trade and Investments. It had been worse at the beginning of the year, when the FDI drop was of 73 percent, but investments increased during March, where the drop was of only 48 percent.

Romanian media, New round of talks with IMF starts from 0.5% GDP decline scenario in 2011 – in Ziarul Financiar, Romanian shops no longer give fiscal receipts to make food cheaper– in Ziarul Financiar, iFond brings FP shares to the Stock Exchange sooner – in Ziarul Financiar, Four banks have 33 million euros to recoup from insolvent Impact – in Ziarul Financiar, 100 wind project have contracts with Transelectrica – in Ziarul Financiar,

Automobile Dacia, Nokia Romania, Rompetrol Rafinare, ArcelorMittal Galati and OMV Petrom were the main exporters from Romania in the first four months of the year, when Romanian exports found a way our of recession, according to data from the National Association of Exporters and Importers (ANEIR).

Romania ranks second in terms of the hourly workforce cost increase among the newest ten EU member states, shows a recent report from the World Bank. The recently issued report on economic development in EU 10 (the countries which joined the EU in 2004 and 2007) shows most of the countries have simplified the procedures to access EU funds, monitor and manage these funds, while Romania has taken measures only on the implementation of these funds.