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01. 09. 10. - 13:00

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01. 09. 10. - 13:00

Romania´s GDP up by 0.3 per cent in Q2

Romanian Times

Romania's gross domestic product (GDP) increased by 0.3 per cent in the second quarter, compared to the first quarter this year, the National Institute for Statistics (INS) announced today (Weds).

GDP in the second quarter dropped by 0.5 per cent compared to the similar period last year.

Compared to last year, GDP in the first six months dropped by 2.4 per cent, the INS report, based on seasonal adjusted data, shows.

INS said the estimated GDP for the first semester of this year was 50.33 billion Euros (211.41 billion lei), at current prices.

Industry sector activity increased by 5.9 per cent, being the largest increase of all sectors, INS said. In agriculture, activity increased by 0.7 per cent, while in financial and real estate activities, there was an increase of 0.8 per cent.

Contractions of minus 8.3 per cent were registered in commerce and constructions, and also minus 4.2 per cent drops were registered in hospitality industry and telecommunications and a 2.7 per cent in other services.

Miserable plot
Jilted hubby Florin Dan Munteanu, 38, who allegedly tried to kill his wife with a bomb hidden inside a copy of the book 'Les Miserables' has been arrested after it blew up his mother-in-law instead, say police in Petrosan, Romania.

Woman's torso found in basement
The torso of a woman was found at the basement of a block of flats in Botosani, northern Romania.

Football champions stranded in snow
Nine players from Romania's football champions team - who met Manchester United in the Champions League playoffs - have been stranded for over 20 hours on a train, after they had left Galati for Bucharest on Monday, it emerged today (Tues).

New Prime Minister forms his team
The new prime minister (PM) will present his team tonight (Tues), after consultations with the political parties.

Former deputy sentenced to 5 years in jail
Former Romanian Chamber of Deputies member Emilian Cutean, from the Social Democrat Party (PSD) was sentenced definitively to five years in jail by the Court of Appeal in Bucharest today (Tues).

Seven buses caught up in snow
Seven buses with 450 passengers were stuck in the snow for more than seven hours in southeastern Romania, last night (Mon/Tues).

Central bank hikes inflation prognosis
Romania's Central Bank Governor Mugur Isarescu said today (Tues) the central bank had hiked the inflation prognosis from 3 per cent to 3.2 per cent in 2012.

Millions of Euro losses per day due to snowy roads
Losses of as much as 100 million Euros per day are estimated by the Associtation of Importers and Exporters in Romania (ANEIR), due to the weather conditions, as tens of national roads are blocked by snow and blizzards.

AA introduces new flights from Bucharest to Vienna
Austrian Airlines (AA) announced today (Tues) that it would increase the number of flights from Romania in the summer season.

Anti-corruption chief prosecutor's mandate extended
The chief of the National Anti-corruption Department (DNA), Daniel Morar, has his mandate prolonged for another six months the General Prosecutor Codruta Kovesi, said today (Tues).