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.

Take shelter for the storm in Bucharest during the following hours hours – especially in the North and the West of the city, where a storm warning has been released. Meteorologists expect hailstorms and thunderstorms in the capital city.

The metro company in Bucharest Metrorex will allow passengers to transport bikes inside the metro trains during the week-end and on legal holidays, starting July 24, the company has announced.

The European Bank for Reconstruction and Development (EBRD) expects Romania to post an economic drop of 3 percent this year, which will reflect the evolution in the first quarter of the year and the fiscal measures taken as part of the agreement with the International Monetary Fund (IMF).

Movies in Bucharest cinemas this week-end: Knight and Day, Get Him to the Greek- watch trailers. See what other movies are coming up in the following weeks.

Events during the week-end in seaside and mountain resorts in Romania

Romanian film “Cinema Caravan” (Caravana cinematografica) by Titus Muntean is one of the seven feature length movies which have been selected for the Independent Movie Festival Anonimul. The festival will take place between August 9 and 15 at Sfantu Gheorghe, in the Danube Delta. The seven movies are competing for a prize of USD 3,000, which will be offered based on the votes coming from the festival's public.

Romanian media, Instead of firing, some agencies are hiring- in Ziarul Financiar, Foreign banks' exposure discussed at NBR- in Ziarul Financiar, European Commission accuses: Romania has broken its promises to the EU- in Ziarul Financiar, Google SRL, EUR 120.000 in revenues - in Ziarul Financiar, Billa owner ponders market entry of Bipa cosmetics supermarkets - in Ziarul Financiar, Communication Ministry puts EUR 1.3 mln in e-learning portal for Babes- Bolyai unversity - in Ziarul Financiar

Transdanube Industries, a company within African Steel Mills, will build a EUR 150 million steel plant and a mill in Oltenita, in Calarasi county.

Those who want to discover more about hand made and home made Romanian products will be able to see and taste some of them at a fair which will take place this week-end in Bucharest. A traditional products fair will take place between July 23 and July 25, 9,00 to 28,00 hours, at the Academy of Agricultural and Forestry Sciences in Bucharest (61 Marasti boulevard).

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.

Take shelter for the storm in Bucharest during the following hours hours – especially in the North and the West of the city, where a storm warning has been released. Meteorologists expect hailstorms and thunderstorms in the capital city.

The metro company in Bucharest Metrorex will allow passengers to transport bikes inside the metro trains during the week-end and on legal holidays, starting July 24, the company has announced.

The European Bank for Reconstruction and Development (EBRD) expects Romania to post an economic drop of 3 percent this year, which will reflect the evolution in the first quarter of the year and the fiscal measures taken as part of the agreement with the International Monetary Fund (IMF).

Movies in Bucharest cinemas this week-end: Knight and Day, Get Him to the Greek- watch trailers. See what other movies are coming up in the following weeks.

Events during the week-end in seaside and mountain resorts in Romania

Romanian film “Cinema Caravan” (Caravana cinematografica) by Titus Muntean is one of the seven feature length movies which have been selected for the Independent Movie Festival Anonimul. The festival will take place between August 9 and 15 at Sfantu Gheorghe, in the Danube Delta. The seven movies are competing for a prize of USD 3,000, which will be offered based on the votes coming from the festival's public.

Romanian media, Instead of firing, some agencies are hiring- in Ziarul Financiar, Foreign banks' exposure discussed at NBR- in Ziarul Financiar, European Commission accuses: Romania has broken its promises to the EU- in Ziarul Financiar, Google SRL, EUR 120.000 in revenues - in Ziarul Financiar, Billa owner ponders market entry of Bipa cosmetics supermarkets - in Ziarul Financiar, Communication Ministry puts EUR 1.3 mln in e-learning portal for Babes- Bolyai unversity - in Ziarul Financiar

Transdanube Industries, a company within African Steel Mills, will build a EUR 150 million steel plant and a mill in Oltenita, in Calarasi county.

Those who want to discover more about hand made and home made Romanian products will be able to see and taste some of them at a fair which will take place this week-end in Bucharest. A traditional products fair will take place between July 23 and July 25, 9,00 to 28,00 hours, at the Academy of Agricultural and Forestry Sciences in Bucharest (61 Marasti boulevard).