Yes, it does seem to be a condensed version of Times New Roman, instead of a different typeface entirely.
One you might already have, if you have Corel Draw, which came with the Bitstream collection, is Dutch 801 Roman HD.
Show Image
compared to
[ Attachment Invalid Or Does Not Exist ] 24517[/ATTACH]
No, I see that their typeface is more condensed than this.
Ah,
this looks condensed enough.