Social/Politics
Hornbach Cuts Commercial Ties With Schweighofer
German-owned DIY retailer Hornbach is cutting commercial ties with Austria's Holzindustrie Schweighofer starting January, after the Forest Stewardship Council (FSC) placed the latter's certi...
Eurostat: Romania Labor Costs Rose At Fastest Pace In EU In 3Q/2016
Total hourly labor costs in the Romanian economy rose 14.7% on the year in the third quarter of 2016, the largest increase in the European Union, the EU's statistics office Eurostat said Mon...
Romania To Increase Pension Point By 5.25% As Of January 1, 2017
The pension point will be raised by 5.25% starting January 1, 2017, through emergency ordinance, Romania’s Labor Minister Dragos Pislaru said Thursday evening.
Leftist Social Democrats Earn Biggest Score in Romania Parliamentary Election
Romania's leftist Social Democratic Party is credited with around 45% of the votes cast in Sunday's parliamentary elections and is likely to form the country's next government.
Eurostat: Romanians, Among Europe’s Lowest-Paid Workers
Romanians are among the lowest-paid workers in Europe, being outranked only by Latvians, according to data released on Thursday by EU’s statistical office Eurostat.
EC Asks Romania To Transpose Directive On Recognition Of Professional Qualifications Into National Law
The European Commission on Thursday sent reasoned opinions to Romania and Latvia to transpose Directive 2013/55/EU on the recognition of professional qualifications into national law, otherw...
EU Keeps Financing Romania's Major Infrastructure Projects Left Unfinished
Seven major infrastructure projects, which were due to be completed within the European Union’s former financial framework for 2007-2013, have received green light from Brussels to still get...
Labor Ministry Official: Workforce Shortage To Exceed 20% Until 2023
The workforce shortage in Romania is on the rise on the average qualification segment and is expected to reach 21% until 2023, Labor Ministry state secretary Valentin Marian Ionescu told a p...
Increased Consumption Created More Jobs Abroad - Central Bank Official
Heightened consumption in the latest period has encouraged imports more than domestic production, thus generating jobs abroad rather than domestically, a central bank official said Tuesday.