More good news for rock lovers who live in Romania. British rock band Anathema will hold a concert in Bucharest on Novem...

The Romanian Central Bank (BNR) Tuesday decided to keep the 2012 inflation target at 3 percent, with one percentage point variation band, and to adopt a flat multi-annual inflation target of 2.5 percent, plus/minus 1 percentage point, as of 2013.

British DJ Matt Gresham, who mixes under the stage name Logistics, will play in Bucharest on November 13, at Arenele Romane (26 Cutitul de Argint), from 22,00 hours. MAP. His concert was initially scheduled for April this year but had to be canceled due to the eruption of the Iceland volcano which disrupted air traffic across Europe.

Swedish rock metal band Therion will perform in Bucharest on November 22 at Arenele Romane (2 Cutitul de Argint St.) from 19,30 hours. MAP Swedish Loch Vostok and Norwegian band Leprous will play the opening for the Therion concert.

The Romanian Central Bank (BNR) could resume its monetary easing policy in the first half of 2011, after an increase in the sales tax introduced earlier this year has forced the process into a temporary halt, an official of the International Monetary Fund said Monday.

The Autobiography of Nicolae Ceausescu, the three-hour long documentary directed by Andrei Ujica won the Best East European Documentary Award at the 14th edition of the International Documentary Film Festival in Jihlava, the Czech Republic.

*IMF leaves without approved budget, tranche delayed for January – in Ziarul Financiar
*Vodafone brings expat to lead Romanian subsidiary. Liliana Solomon promoted head of 14 markets – in Ziarul Financiar
*Romgaz imports more expensive gas and profits drops 23% – in Ziarul Financiar
*DM Drogerie Markt opens unit on the premises of the former Sherriffs restaurant downtown Bucharest – in Ziarul Financiar
*City Mall owners take cover from banks by asking for insolvency – in Gandul
*Romanian public pensions, the worst in the region. What will happen by 2050 – in Gandul

Australian investment fund APN/UKA, which owns the City Mall shopping center in Bucharest, has asked for the insolvency of the Romanian company which runs the shopping mall, Victoria Holding.

Canadian oil and gas company Sterling Resources has ended the agreement with Melrose Resources BV for Sterling's Pelican and Midia blocks, offshore Romania, the company has announced. "The inability to obtain assignment approval has impeded progress on the Ana and Doina discoveries, as well as further exploration and appraisal activities on the blocks," according to the company.

Iñaki Berroeta (in picture) is the new CEO of telecom company Vodafone in Romania, replacing Liliana Solomon from the beginning of December this year, the company has announced. Inaki Berroeta joins Vodafone Romania from the helm of the subsidiary in Malta, where he has been GM for three years.

More good news for rock lovers who live in Romania. British rock band Anathema will hold a concert in Bucharest on Novem...

The Romanian Central Bank (BNR) Tuesday decided to keep the 2012 inflation target at 3 percent, with one percentage point variation band, and to adopt a flat multi-annual inflation target of 2.5 percent, plus/minus 1 percentage point, as of 2013.

British DJ Matt Gresham, who mixes under the stage name Logistics, will play in Bucharest on November 13, at Arenele Romane (26 Cutitul de Argint), from 22,00 hours. MAP. His concert was initially scheduled for April this year but had to be canceled due to the eruption of the Iceland volcano which disrupted air traffic across Europe.

Swedish rock metal band Therion will perform in Bucharest on November 22 at Arenele Romane (2 Cutitul de Argint St.) from 19,30 hours. MAP Swedish Loch Vostok and Norwegian band Leprous will play the opening for the Therion concert.

The Romanian Central Bank (BNR) could resume its monetary easing policy in the first half of 2011, after an increase in the sales tax introduced earlier this year has forced the process into a temporary halt, an official of the International Monetary Fund said Monday.

The Autobiography of Nicolae Ceausescu, the three-hour long documentary directed by Andrei Ujica won the Best East European Documentary Award at the 14th edition of the International Documentary Film Festival in Jihlava, the Czech Republic.

*IMF leaves without approved budget, tranche delayed for January – in Ziarul Financiar
*Vodafone brings expat to lead Romanian subsidiary. Liliana Solomon promoted head of 14 markets – in Ziarul Financiar
*Romgaz imports more expensive gas and profits drops 23% – in Ziarul Financiar
*DM Drogerie Markt opens unit on the premises of the former Sherriffs restaurant downtown Bucharest – in Ziarul Financiar
*City Mall owners take cover from banks by asking for insolvency – in Gandul
*Romanian public pensions, the worst in the region. What will happen by 2050 – in Gandul

Australian investment fund APN/UKA, which owns the City Mall shopping center in Bucharest, has asked for the insolvency of the Romanian company which runs the shopping mall, Victoria Holding.

Canadian oil and gas company Sterling Resources has ended the agreement with Melrose Resources BV for Sterling's Pelican and Midia blocks, offshore Romania, the company has announced. "The inability to obtain assignment approval has impeded progress on the Ana and Doina discoveries, as well as further exploration and appraisal activities on the blocks," according to the company.

Iñaki Berroeta (in picture) is the new CEO of telecom company Vodafone in Romania, replacing Liliana Solomon from the beginning of December this year, the company has announced. Inaki Berroeta joins Vodafone Romania from the helm of the subsidiary in Malta, where he has been GM for three years.