The Romanian car market is expected to grow this year on last year mostly due to the Clunkers program, as well as due to the car pollution tax, which is more favorable for purchasing new cars, according to Fabrice Cambolive (in picture), commercial director of Automobile Dacia car maker.

Romanians manage to put aside only 7 percent of their monthly income, compared to the worldwide average of 12 percent, according to a study carried on by ING in ten countries. Consumers in the Netherlands, Belgium and Mexico put aside 10 percent of their income every month, while those in Spain, 11 percent, Japan, 14 percent, and India and Korea, as much as 20 percent.

Romania will sign new, precautionary financing agreements with both the International Monetary Fund and the European Commission, Finance Minister Gheorghe Ialomitianu (in picture) told a news conference Monday.

The Green City residential project, which has asked for the judiciary reorganization procedures, will be finalized in the last quarter of the year, the developers have announced. The reorganization procedure doesn't affect the already built houses and is only meant to protect buyers in the project, according to the Green City Construct, the developer of the project.

The value of books sold in Romania was down 15 percent last year, to EUR 60 million, according to an estimation by Romanian bookstore chain Diverta. The value doesn't include books sold in kiosks, which would take the number up to EUR 112 million, according to Diverta.

Dacia car sales grew by 12 percent to 349,000 units in 2010 on a worldwide level, according to the company. The car maker sold 154.600 Sandero cars, 127.200 Dacia Logan cars and 67.000 Dacia Duster units.

Jordan has signed a nuclear cooperation accord with Romania, according to the Jordan Times reported, citing the Jordan Atomic Energy Commission. King Abdullah of Jordan met Romanian foreign minister Teodor Baconschi, who delivered a letter from Romanian president Traian Basescu.

Ten flights which were supposed to land on Otopeni airport in Romanian capital city Bucharest and then take off to other destinations have witnessed delays of over three hours due to the fog.

The Bucharest municipality will pay around EUR 175,000 for a statue representing Romanian writer Ion Luca Caragiale. This would be the third statue of Caragiale on display in Bucharest. It will be created by artist Ionel Stoicescu, who has been creating various monuments for the Bucharest municipality.

Romania’s trade deficit narrowed to EUR 8.64 billion in the first eleven months, from EUR 8.96 billion in the same period a year earlier, the National Statistics Institute said Monday. Exports rose 27.2 percent on the year to EUR 34 billion, while imports were up 19.5 percent to EUR 42.6 billion.

The Romanian Central Bank (BNR) will publish on a daily basis the government securities reference rates (fixing) from January 10, 2011.

Romanian independent taxi drivers will not buy fuels from gas stations on Thursday, in protest over the increase in fuel prices, the Association for the Rights of Independent Taxi Drivers (ATDI) said in a press release Sunday.