One day after facing unionists’s street protests, Romanian PM Emil Boc talked about measures that would fight economic crisis.
Still a ‘draft’, the Government’s anti-crisis agenda counts several strategies.
Mr Boc said that the investment fund for boosting economy would be different from the state budget.
He mentioned other measures as well: Companies would first have to pay [...]
Employees of some of the Romanian public companies earn several times more then the medium salary, according to a study made by Ziarul Financiar.
The journalists analyzed the budgets of the companies under the Departments of Economy and Transport.
Employees of at least 15 such companies have a monthly gross salary of over € 715, whereas the [...]
The recent evolutions on Romania’s political arena, particularly the possible appointment of a technocrat premier, pushed indexes on Bucharest Stock Exchange up over 4% at the end of the day.
Annording to NewsIn, liquidity amounted to lei 26.08 M (over €6 M) at day-end, 30% higher compared to the previous session.
BET index, which includes the ten [...]
Car sales dropped 55% on the Romanian market during January – November, from over 300,000 units to under 140.000, an APIA report shows on Friday. Nevertheless, the car production increased by 13% against 2008, supported by Dacia exports, which has seen figures 56% bigger.
During the first 11 months, 138.000 new cars were sold, in [...]
Budgetary personnel will not receive food or holiday tickets and salaries will not exceed their 2008 levels. Moreover, the draft budget reveals that there will be no benefits: the government will cut almost half of the funds allocated for city halls for infrastructure development and sports facilities in rural areas. Next year, a little over [...]
State secretary with the Health Ministry Adrian Streinu-Cercel, director of the Matei Bals Institute of Infectious Diseases of Bucharest, on Wednesday urged people stricken by virosis to isolate themselves at home.
‘People with high fever in the 37.5-38 degrees Celsius, alerted state and nasal discharge should isolate themselves at home and contact their family physicians,’ Streinu-Cercel [...]
The country’s financial situation is under control, Prime Minister designate Lucian Croitoru said on Friday.’There are two months and a week left till the end of the year.
The country’s economic situation is under control, but there is no room for hesitation, less so for errors on a financial level. It is not only the [...]
IMF team was convinced not to postpone its evaluation visit scheduled to October 28 so that talks will take place according to the initial program, sources close to negotiations declared for HotNews.ro.
IMF officials did not make any declarations, IMF Romania representative was too busy to respond, his spokesperson declared. According to PSD leader Mircea Geoana [...]
Romania’s economic growth will be registered in 2010 and the IMF loan was needed to maintain the Central Bank’s reserve, President Traian Basescu declared, quoted by Romanian news agency Mediafax.
Even we are undergoing an economic crisis Romania is not the country we knew five or ten years ago that cannot overcome such difficult economic moments, [...]
The electricity consumption at the end-user will grow from 48 terrawatt an hour in 2008 by 18 percent in 2012 to 57.32 TWh and to 66.22 TWh in 2017, read data grid Transelectrica sent to the Bucharest Stock Exchange (BVB), about its prospect plan over 2008-2012, and the indicative figures for 2017.
The Economy Ministry, based [...]