STAFF SPENDING
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Companies
Oil Terminal Cuts Staff Spending After Posting 1H Loss
Romanian oil storage and shipment firm Oil Terminal Constanta (OIL.RO) has suspended its employees' individual work contracts for 10 days and will pay them 75% of their base wage during this time in a bid to curb staff spending.
Social/Politics
Govt Plans to Freeze Hiring in Public Sector in 2018 to Cut Spending by 10%
Romania's government plans to cut spending by 10% next year by freezing hiring in the public sector, ruling coalition leader Liviu Dragnea said Tuesday.