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EUR exceeds 4 RON, record high over past four years

One year ago, the European currency started at RON 3.59 and it was RON 3.72 in March.

National Bank of Romania released yesterday the reference exchange rate. Thus, the European currency was quoted at RON 4.0296, which is a new peak of the past four years, for the first time after November 2004, and USD reached 2.9427.

In the first trading day of 2009, EUR sold in the inter-banking market at more than RON 4. The first transactions of the day took place at RON /EUR 4.0350 – 4.0400. “Shortly after the opening, the rate reached its lowest value at RON...

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Significant economic problems for 2009

The year 2009 did not start under the most favourable auspices. Internationally one notices the reigniting of the Palestinian-Israeli conflict in the Gaza Strip. And Europe is in stand-by, looking with unease towards the East, towards the region where the natural gas should come from. But the Russian-Ukrainian disputes over the price of natural gas influence the natural gas transit towards the European Union members. Even Romania is receiving a quantity of natural gas that is 30 per cent...

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Sharing out of positions from the second echelon starts up

PD-L and PSD are expected to settle this week the problem of the State Secretaries and of the management of the decentralized institutions.

The sharing out between PD-L and PSD of the positions from the second echelon of power is awaited. Although the media mentioned yesterday possible names of state secretaries and chiefs of governmental agencies, the two parties in rule are not hurrying to make official announcements.

Thus, if PD-L pointed out that it still reviews the resumes of the possible candidates, the Social-Democrats have not even met at the beginning of this year, the leader Mircea Geoana being abroad until...

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Iliescu revives the idea of PSD extraordinary congress

The Honourary leader of the Social-Democrats says that he has forwarded his proposal to President Mircea Geoana and will call the National Standing Bureau to establish the date of a possible congress.

PSD Honorary President Ion Iliescu brings up again the idea to call an extraordinary congress of the party, the only authority able to approve the central leadership.

Immediately after the legislative elections on November 30, 2008 Mircea Geoana had rejected a similar approach, backed by the same Honourary President of PSD, but also by PSD Vice-President Miron Mitrea. Now, Iliescu’s concern is the analysis of the legislative elections from November 2008, but also the appointment...

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France seeks Gaza truce as Israel presses assault

Twelve Palestinian civilians were killed only yesterday.

GAZA - Combat between Israeli troops and Hamas militants raged yesterday as Israel pressed home its ground assault in Gaza in the face of French-led diplomatic efforts to broker a ceasefire. The offensive will go on until communities in Israel were safe from Hamas rocket strikes, Defence Minister Ehud Barak said.

But Hamas said militants were justified in attacking Israeli schools and synagogues in response to the Israeli onslaught, in which about 530 Palestinians have been killed in...

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Imports of Russian gas in Romania – still lower by 30 pc

Ukraine says Gazprom Moldova unit taking transit gas.

The imports of Russian gas in Romania continue to remain by 30 per cent lower, in spite of the fact that the Ukrainian state company Naftogas announced, on Sunday, the resumption of the gas transit at normal capacity.

“The natural gas imports continue to remain by 30 per cent lower, as we informed that they would be until January 11,” according to Transgaz Medias general manager, Ioan Rusu, cited by Mediafax.

Because of the dispute between Russia and Ukraine...

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Oltchim defeats Lada Togliatti

30-19 in EHF Champions League

Women’s handball club Oltchim Rm. Valcea has defeated Russia’s Lada Togliatti, score 30-19 (13-9) on Sunday evening. The game counted for round four of Group C EHF Champions League games.

The game’s first quarter of an hour was more balanced, after that period Oltchim taking a four-goal lead, a goal difference that it maintained at half time too, score 13-9. In the second half of the game Ivica Rimanic’s team took an eight-goal lead, score 18-10 in the 36th...

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Romanians celebrate the Epiphany

Special ceremonies will be organized today at each Archbishopric of the country.

The Orthodox, Catholic and Greek-Catholic believers are celebrating the Epiphany today, marking the last day of the winter holidays, dedicated to the cleaning of the environment, especially to the blessing of waters.

The representatives of the Metropolitan Bishopric of Ardeal announced that the Epiphany service will be officiated in the Grand Square downtown Sibiu today, starting at 12.00, after each church will officiate the morning liturgy for the believers who do not want to attend...

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Another day of severe cold in Covasna County: -31 degrees Celsius at Intorsura Buzaului

Starting tomorrow the temperature will start to rise but will remain below freezing.

The severe cold continues to trouble the inhabitants of the central regions of the country, with the temperatures there once again falling below -20 degrees Celsius.

Intorsura Buzaului locality, Covasna County, continues to hold the record for the lowest temperature after registering -31 degrees Celsius early Monday morning, one degree lower than the temperature it registered the day before. The meteorologists announced that temperatures today will be even lower than in previous days....

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Romanian dead in Greece after quake

A Romanian woman was found crushed underneath one of the walls in her house in Greece which fell during a 4 Richter degree earthquake. The structure of the building she was living in was weak after being through numerous powerful rains, but the firefighters doubt this has contributed to the incident. The earthquake which killed the woman is thought to have taken place under the sea, 195 kilometers away from Athens. But scientists at the institute observing the dynamics of the earth in Athens...

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End of holidays brings traffic havoc

Romanians returned home having spent New Year’s Party in various places in the country or abroad. The large number of revellers caused numerous road and air traffic blockages.

The Bucharest North railway station was quite crowded Sunday evening. Trains, especially those arriving from mountain destinations, were teeming with passengers. The trains were thronged with passengers also because school and university students returned to classes yesterday and travellers on holiday, to work. Some of the passengers on the express train Deva-Bucharest could not find their seats, as they were dispensed for a train car that had never become part of the train actually....

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