• austriantimes.at
• croatiantimes.com
• salzburgtimes.at
• viennatimes.at
• austrianindependent.com

© europics

16. 03. 10. - 17:00

• more Business news...
• RSS Feed Business

16. 03. 10. - 17:00

Romania has largest fall in new car registrations in the EU

Romanian Times

Romania registered the largest decrease of new car registrations in the European Union in February year on year, according to a report released today (Tues) by the European Automobile Manufacturers' Association (ACEA).

Romania registered a decrease of 63 per cent, followed by Hungary, with a minus 57.9 per cent and Poland, with a minus 19.2 per cent, compared to the same month a year ago.

New car registrations in Romania in February dropped to 2,658 from 7,187 in February last year.

In EU member states, new car registrations increased by 3.0 per cent, on average, in February, and by 7.9 per cent over the first two months of the year, compared to the same periods in 2009.

Compared to 2008, new car registrations decreased by 16 per cent in the January-February period, according to ACEA.

In February, a total of 974,346 new cars were registered in Europe.

The EU markets that had the largest increases were France (18 per cent), Italy (20.6 per cent) and the UK (26.4 per cent).

The report also shows that Germany was the only large market to decline from January to February. The German market declined by 19.5 per cent.

Health minister considers taxing fast food and beer
The new Health Minister Vasile Cepoi said today (Thurs) that the next Health Care Law might include a new tax on fast food and beer, local press informs.

Romania wont ratify ACTA
Romania will not ratify the highly controversial (Anti-Counterfeiting Trade Agreement)ACTA until the agreement won't be altered as to comply with demands recently formulated by the European Court of Justice, the minister of Communication Dan Nica told a press conference today (Thurs).

Romania wont ratify ACTA
Romania will not ratify the highly controversial (Anti-Counterfeiting Trade Agreement)ACTA until the agreement won't be altered as to comply with demands recently formulated by the European Court of Justice, the minister of Communication Dan Nica told a press conference today (Thurs).

Government to introduce ‘Robin Hood’ tax on oil companies
Minister of Economy Daniel Chitoiu announced today (Weds) that the government is working on a piece of legislation on introducing a supplementary tax on the exceptional incomes of the oil companies that should be passed by the year end and implemented as of 2013.

Education Minister stepps down amid plagiarism accusations
Ioan Mang, the education minister appointed only two weeks ago together with the new cabinet of Social Liberal Union (USL) leader Victor Ponta, resigned Tuesday (yesterday) night.

Brancusi’s son doesn’t want his father remains to be moved to Romania
John Moore, the only child of sculpture Constantin Brancusi, reacted to Romania’s intention to repatriate the remains of his father, saying his last will was to be buried in Paris at Montparnasse, Libertatea newspaper informs today (Weds).

Romania back in recession, growth to resume in H2
Romania officially entered recession today, following the figures published by the National Statistics Institute (NSI) that show a decrease of the GDP for two consecutive quarters (Q).

Police head sacked over underground boss runaway row
The head of the Romanian Police Liviu Popa (picture) was sacked today (Tues) by Home Affairs Minister Ioan Rus, the ministry informs.

UK Ambassador Harris says new Cabinet took right decisions so far
The UK Ambassaodr in Romania, Martin Harris says Victor Ponta’s new government got off on the right foot by making clear that its economic policy will continue to be framed within the programme agreed between Romania and the EU, World Bank, and IMF.

Carmen Sylvas x-rayed hand to be auctioned
A x-ray of the left hand of Romanian Queen Elisabeta will be auctioned in Bucharest by Artmark auction house, Libertatea newspaper informs today (Tue).