Former Economy minister Codrut Seres, member of the Conservative Party (PC) is the new president of media companies Antena 1 SA and Intact Production SA, according to Mediafax newswire. Seres is also a member of the board of Antena 3 SA. Seres has a four-year mandate at Antena 1 SA and joins other four members of the board: Sorin Oancea, George-Sorin Alexandrescu, Pompiliu-Sorin Stoian and Gabriel-Cristian Arsene.

Media owner and journalist Dan Diaconescu has been taken into police custody for 29 days after having been accused of blackmail and threat by the Romanian Anti Corruption Body (DNA).

Dan Diaconescu, who owns OTV TV station, was accused of blackmailing and threating the mayor of Zarand locality in Arad county, Ion Mot. Diaconescu was previously a witness in a file submitted by Ion Mot against OTV anchor Doru Parv. Parv and Diaconescu had allegedly asked for EUR 200,000 not to broadcast compromising footage for Ion Mot. According to DNA, Mot has paid EUR 30,000 of this amount.

Caffe Pascucci is located on Calea Dorobanti 152, about 500 metres from the main shops in Dorobanti. It has a very modern feel with state of the art furnishings and an interior colour scheme of black and white through out. This theme continues outside onto the very wide pavement with tables and chairs laid out to watch the world go by.

A recent article published in the Financial Times points out the severe austerity measures which will be taken by the Romanian government and the social response to these measures, by comparison to EU standards. “Romania's austerity measures are severe, even by current European Union standards: a 25 per cent pay cut for the country's 1.4m public sector workers, 200,000 civil service job cuts, and a 15 per cent reduction in pensions and unemployment benefits,” writes the Financial Times.

Former Economy minister Codrut Seres, member of the Conservative Party (PC) is the new president of media companies Antena 1 SA and Intact Production SA, according to Mediafax newswire. Seres is also a member of the board of Antena 3 SA. Seres has a four-year mandate at Antena 1 SA and joins other four members of the board: Sorin Oancea, George-Sorin Alexandrescu, Pompiliu-Sorin Stoian and Gabriel-Cristian Arsene.

The Romanian Government approved in its meeting earlier today (June 23rd) the emergency ordinance which expands the taxation base, according to Mediafax, quoting sources within the Government. The ordinance includes taxes for meal vouchers, gift and holiday vouchers starting July 1st this year. This is when the deductible expenses quota for intellectual property rights will go down to 20 percent of the gross revenues, half of the current quota. Revenues from gambling (including revenues from the lottery) will be taxed by 25 percent.

A recent article published in the Financial Times points out the severe austerity measures which will be taken by the Romanian government and the social response to these measures, by comparison to EU standards. “Romania's austerity measures are severe, even by current European Union standards: a 25 per cent pay cut for the country's 1.4m public sector workers, 200,000 civil service job cuts, and a 15 per cent reduction in pensions and unemployment benefits,” writes the Financial Times.

Media owner and journalist Dan Diaconescu has been taken into police custody for 29 days after having been accused of blackmail and threat by the Romanian Anti Corruption Body (DNA).

Dan Diaconescu, who owns OTV TV station, was accused of blackmailing and threating the mayor of Zarand locality in Arad county, Ion Mot. Diaconescu was previously a witness in a file submitted by Ion Mot against OTV anchor Doru Parv. Parv and Diaconescu had allegedly asked for EUR 200,000 not to broadcast compromising footage for Ion Mot. According to DNA, Mot has paid EUR 30,000 of this amount.

The Romanian Government approved in its meeting earlier today (June 23rd) the emergency ordinance which expands the taxation base, according to Mediafax, quoting sources within the Government. The ordinance includes taxes for meal vouchers, gift and holiday vouchers starting July 1st this year. This is when the deductible expenses quota for intellectual property rights will go down to 20 percent of the gross revenues, half of the current quota. Revenues from gambling (including revenues from the lottery) will be taxed by 25 percent.

Qatar Airways will launch four flights a week to and from Bucharest at the beginning of next year. The services will continue to Budapest, according to the airline. The launch is part of a wider European flights expansion for the Doha-based airline. Qatar Airways will also open new routes to Nice, via Milan, Brussels, as well as in Asia: in Thailand and in Veitnam.

Former Economy minister Codrut Seres, member of the Conservative Party (PC) is the new president of media companies Antena 1 SA and Intact Production SA, according to Mediafax newswire. Seres is also a member of the board of Antena 3 SA. Seres has a four-year mandate at Antena 1 SA and joins other four members of the board: Sorin Oancea, George-Sorin Alexandrescu, Pompiliu-Sorin Stoian and Gabriel-Cristian Arsene.

Media owner and journalist Dan Diaconescu has been taken into police custody for 29 days after having been accused of blackmail and threat by the Romanian Anti Corruption Body (DNA).

Dan Diaconescu, who owns OTV TV station, was accused of blackmailing and threating the mayor of Zarand locality in Arad county, Ion Mot. Diaconescu was previously a witness in a file submitted by Ion Mot against OTV anchor Doru Parv. Parv and Diaconescu had allegedly asked for EUR 200,000 not to broadcast compromising footage for Ion Mot. According to DNA, Mot has paid EUR 30,000 of this amount.

Caffe Pascucci is located on Calea Dorobanti 152, about 500 metres from the main shops in Dorobanti. It has a very modern feel with state of the art furnishings and an interior colour scheme of black and white through out. This theme continues outside onto the very wide pavement with tables and chairs laid out to watch the world go by.

A recent article published in the Financial Times points out the severe austerity measures which will be taken by the Romanian government and the social response to these measures, by comparison to EU standards. “Romania's austerity measures are severe, even by current European Union standards: a 25 per cent pay cut for the country's 1.4m public sector workers, 200,000 civil service job cuts, and a 15 per cent reduction in pensions and unemployment benefits,” writes the Financial Times.

Former Economy minister Codrut Seres, member of the Conservative Party (PC) is the new president of media companies Antena 1 SA and Intact Production SA, according to Mediafax newswire. Seres is also a member of the board of Antena 3 SA. Seres has a four-year mandate at Antena 1 SA and joins other four members of the board: Sorin Oancea, George-Sorin Alexandrescu, Pompiliu-Sorin Stoian and Gabriel-Cristian Arsene.

The Romanian Government approved in its meeting earlier today (June 23rd) the emergency ordinance which expands the taxation base, according to Mediafax, quoting sources within the Government. The ordinance includes taxes for meal vouchers, gift and holiday vouchers starting July 1st this year. This is when the deductible expenses quota for intellectual property rights will go down to 20 percent of the gross revenues, half of the current quota. Revenues from gambling (including revenues from the lottery) will be taxed by 25 percent.

A recent article published in the Financial Times points out the severe austerity measures which will be taken by the Romanian government and the social response to these measures, by comparison to EU standards. “Romania's austerity measures are severe, even by current European Union standards: a 25 per cent pay cut for the country's 1.4m public sector workers, 200,000 civil service job cuts, and a 15 per cent reduction in pensions and unemployment benefits,” writes the Financial Times.

Media owner and journalist Dan Diaconescu has been taken into police custody for 29 days after having been accused of blackmail and threat by the Romanian Anti Corruption Body (DNA).

Dan Diaconescu, who owns OTV TV station, was accused of blackmailing and threating the mayor of Zarand locality in Arad county, Ion Mot. Diaconescu was previously a witness in a file submitted by Ion Mot against OTV anchor Doru Parv. Parv and Diaconescu had allegedly asked for EUR 200,000 not to broadcast compromising footage for Ion Mot. According to DNA, Mot has paid EUR 30,000 of this amount.

The Romanian Government approved in its meeting earlier today (June 23rd) the emergency ordinance which expands the taxation base, according to Mediafax, quoting sources within the Government. The ordinance includes taxes for meal vouchers, gift and holiday vouchers starting July 1st this year. This is when the deductible expenses quota for intellectual property rights will go down to 20 percent of the gross revenues, half of the current quota. Revenues from gambling (including revenues from the lottery) will be taxed by 25 percent.

Qatar Airways will launch four flights a week to and from Bucharest at the beginning of next year. The services will continue to Budapest, according to the airline. The launch is part of a wider European flights expansion for the Doha-based airline. Qatar Airways will also open new routes to Nice, via Milan, Brussels, as well as in Asia: in Thailand and in Veitnam.