Social/Politics
INS: Average Net Wage Inched Higher In February
Romanian average net salary inched 0.1% higher to 1,626 lei (EUR365) in February, from RON1,625 a month earlier, the statistics institute INS said Monday.
Romania Drew 32% Of EU Infrastructure Funds In 2007-2013
Romania absorbed around EUR1.4 billion (32% of the total) from the EUR4.3 billion the European Union made available for its transport infrastructure during the 2007-2013 period.
EC Requires Romania To Pay Back EUR4.51M Spent Unduly Under Agricultural Policy
The European Commission is claiming back a total EUR318 million of EU agricultural policy funds, unduly spent by 11 member states, of which EUR4.51 million from Romania, the Commission said...
Azomures Union Says New Gas Prices To Lead To Production Shutdown
Unionists with chemical fertilizer maker Azomures (AZO.RO) plant Azomures said new gas prices imposed by producers would force the company to shut down production and force 3,500 employees i...
CFR Marfa Starts Layoff Process
Romanian freight railway carrier CFR Marfa started at the end of March the layoff process for a number of 2,500 employees, in accordance with the IMF agreement, Transport Ministry said in a...
Romania To Blacklist Airports And Golf Courses For Agriculture Subsidies
Airports and golf courses will be blacklisted as inactive farmers and will no longer be eligible for farming subsidies, said Dorel Benu, general manager of the country's paying agency for ag...
Balcerowicz About Russia: Best Answer Would Be To Not Ignore The Threat Of Putin’s Moves
Leszek Balcerowicz, former Finance minister of Poland and president of the country’s central bank, says the Ukraine-Russia conflict is an European problem and Putin’s actions should not be i...
Romania's Retail Sales Go Up, But Tax Revenues Go Down
Retail sales rose 9% on the year in February, reaching a two-year high, but tax collections to the state budget did not increase as a result.
Share Of Gas Imports In Romania’s Consumption Down To Single-Digit Levels
Natural gas imports are set to account for a single-digit share of this month’s natural gas consumption, with 2% allocated to the household and 4% to the non-household consumer mix.