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Top Travel to Romania Related News

  1. Weather Report: it's autumn ! (Sept. 16 - Sep. 23)
  2. Weather will nice and warm. The sky will be cloudy, especially in North-West of the country. Clear sky is expected in mountains and in the south-east. Daytime maximum temperature will be between 18 and 28 degree C and night time minimum of 12 to 19 degree C. In Bucharest will nice and warm. For the last update check out Yahoo weather forecast on the first page.

    Note:

  3. Exchange Rate: 23500 lei for 1$ (Sep. 15). Source: BNR - National Bank of Romania
  4. Average Currency Exchange Rate at tourist exchange offices in Romania

  5. Last News (Aug. 20)
  6. Romanian legislation concerning tourist activities is further amended to correspond to one in European Union by amendments to OG 107/1977 regarding the commercialization of tourist packages by local firms.

Top Sport News from Romania

    Waiting for good news from Sidney Olympics (posted Sep.15)

  1. Sept 16: Bronze Medal at women 400m swimming probe (butterfly style).On Sunday Yana Klochkova of Ukraine won the first gold, taking the 400 individual medley in a world record 4:33.59. She broke the mark of 4:34.79 set by Chen Yan of China in 1997. Yasuko Tajima of Japan won silver in 4:35.96, while Beatrice Caslaru of Romania took bronze in 4:37.18.
  2. Diana Mocanu of Romania won the Olympic gold medal Monday, September 18, in the women's 100-meter backstroke in 1 minute, 00.21 seconds, a new Olympic record. Nakamura (Japan) took silver.
  3. World champion Romania won its second gold medal, clinching it easily with 154.608 points. Russia won the silver and China took the bronze.

    The Romanians had a bigger desire to succeed. They'd never beaten the Russians in an Olympic competition, finishing second to them so many times they were staring to get an inferiority complex. Their only gold medal came in 1984, when most of the Eastern bloc boycotted the games.

    ``It's very nice to win,'' said Maria Bitang, the assistant Romanian coach. ``The Russians had a lot of pressure, and they made many mistakes.''

    The Romanians, on the other hand, were nearly perfect Tuesday. The team is so deep - from 1996 Olympian Simona Amanar to world champion Maria Olaru to tiny Andreea Raducan, the newest Romanian darling - and they don't make mistakes. Or at least not many.

    They built a solid lead and then had to wait out the last two rotations until the Chinese and Russians finished. It was probably the most enjoyable wait they've ever had.

Top Economic News from Romania

  1. Stock Market (Sep. 15)
  2. The Exchange Market is showing a ascending trend for the US$ compared to the local currency - the "leu". The reasons for the national currency depreciation are the increased price of oil on world market and, as a consequence of this summer drought, the need to import more cereals.

    The banks offer up to 37/47% a year for the National Banks overnight financing. The Bucharest Stock Exchange show reduced activity and liquidity but average share price showing an ascendant trend. The index BET finished at 517 up 2% (Sep. 15) while Rasdaq-C finished at 497 points up 1.5%.

  3. IMF Stand-by Accord on Course (Aug. 26)
  4. International Monetary Fund will confirm soon it continues on schedule the Stand-by accord with Romania said Ministry of Finance,  Decebal Traian Remes, and will deliver in October new funds. Between August 28 and September 11 a commission from IMF will verify in Bucharest  the economic conditions of the country. The Stand-by accord, approved in August 1999, has a total value of 400 millions DST (about 535 millions dollars), until now Romania received 53 millions DST (about 71 millions dollars).
    Source: Romanian Ministry of Finance, Decebal Traian Remes on Aug. 25

  5. Inflation of 2% (Aug. 26)
  6. Inflation is targeted to reach 2% a month for August and September, due to the jump in consumer prices and energy. The governmental target of 27% inflation for the year 2000 should be adjusted to 34-35% after the last estimates.
    Source:  Governmental Spokesman, Gabriela Vranceanu-Firea on Aug. 24

Top Political News from Romania

  1. Former Prime Minister Petre Roman is Proposed for Presidential Race (Aug. 25)
  2. Former Prime Minister Petre Roman was proposed by the Democratic Party for the Presidential race, to be held in autumn. Petre Roman was Prime Minister in the 90's, in the Governments formed by Ion Iliescu, in the aftermath of the popular movements that provoked the collapse of communist regime.

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Note: last updated Saturday, September 16


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