EVALUATION
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IMF Mission Visits Romania To Review Its Economy on March 2-15
A mission of the International Monetary Fund will be in Romania on March 2-15 for an annual evaluation of the country's economy, Guillermo Tolosa, IMF resident representative in Romania and Bulgaria, said Friday.
ASF: Three Insurers Don't Meet Solvency II Minimum Capital Requirements, Solvency Capital Requirements
Romanian insurers Signal Iduna, Forte Asigurari Reasigurari and Gothaer don't meet minimum capital requirements (MCR) and solvency capital requirements (SCR) under Solvency II standards, whi...
Romania’s Fiscal Adjustment Could Have Been More Gradual – IMF Report
The fiscal adjustment in Romania, which entailed a 25% cut in public sector wages, lower social contributions and a higher value added tax, could have been more gradual, with a lighter impac...
Romania’s Anticorruption Strategy Sets Evaluation Indicators Of Measures Preventing Corruption
Romania’s draft National Anticorruption Strategy for 2011-2014 sets a series of measures aimed to prevent corruption, such as declaring gifts, transparency in decision making, or setting a r...
Galleria Malls Lose 8% Of Value In First Half - GTC Report
The Galleria malls owned by property developer GTC in Romanian cities Suceava, Buzau and Piatra Neamt, were evaluated at EUR54 million at the end of June this year, down 8% since the beginni...
Over 94% Of Financial Guard Employees Passed Evaluation
The results of the Romanian Financial Guard's employee evaluation show that, out of 740 registered candidates, 42 have failed the exam and will be laid off.
Over 1,000 Financial Guard Employees To Undergo Evaluation Deciding Layoffs
About 1,063 Romanian Financial Guard employees will undergo evaluation and, based on results, at least 291 of them (or 21%) will leave the institution, tax authority ANAF president Sorin Ble...
Health Ministry Employees To Be Evaluated Yearly - Draft
The employees of Romania's Health Ministry and the bodies under its authority will be subject to yearly evaluations, according to the Law on the public sector unitary wage system, and receiv...
Bucharest’s Old Town, A Mosaic Of Restaurants And Ruins, Is Worth Over EUR1B
The 57 hectares of land that accommodate Bucharest’s old town can be valued at around EUR1 billion, based on the average price of EUR1,500 to 2,000 per square meter in the area, but the numb...