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Romanian Gvt Doubles Number of Foreign Workers Admitted on Domestic Labour Market in 2021, to 50,000 Persons
Social/Politics

Romanian Gvt Doubles Number of Foreign Workers Admitted on Domestic Labour Market in 2021, to 50,000 Persons

The government on Wednesday agreed to increase the number of foreign workers newly admitted on the Romanian labour market in 2021 by another 25,000.

Cosmin Pirv · 11.08.2021 · 15:55 · 1 min
Fewer Births, More Deaths in June 2021 Vs June 2020
Social/Politics

Fewer Births, More Deaths in June 2021 Vs June 2020

The births of 14,877 children were recorded in June, 639 fewer than in June 2020 and 1,353 more than in May 2021, National Statistics Institute (INS) data show.

Loredana Frățilă-Cristescu · 10.08.2021 · 11:46 · 1 min
Employment Agency: Romania Jobless Rate At 3% End-June 2021
Social/Politics

Employment Agency: Romania Jobless Rate At 3% End-June 2021

Romania's unemployment rate stood at 3% at end-June 2021, lower by 0.06 percentage points than in May 2021 and the same as the rate recorded in June 2020, data from the country’s employment...

Ecaterina Craciun · 03.08.2021 · 14:57 · 1 min
Romanian PM Dismisses Finance Minister
Social/Politics

Romanian PM Dismisses Finance Minister

Romanian prime minister Florin Citu said Thursday he has dismissed finance minister Alexandru Nazare from office citing delays in major projects, and proposed to take on the role of acting f...

Oana Gavrila · 08.07.2021 · 12:29 · 1 min
Romania's EUR190M Restructuring Aid to Tarom under EU Scrutiny
Companies

Romania's EUR190M Restructuring Aid to Tarom under EU Scrutiny

The European Commission has opened an investigation into Romania's EUR190 million support measures in favor of state-owned airline Tarom, it said in a statement Monday.

Oana Gavrila · 05.07.2021 · 16:15 · 1 min
Romania's Citu Government Survives No-Confidence Vote
Social/Politics

Romania's Citu Government Survives No-Confidence Vote

Romania's centrist coalition government run by Prime Minister Florin Citu has survived a vote of no-confidence by the opposition Social Democratic Party (PSD) on Tuesday.

Ecaterina Craciun · 29.06.2021 · 18:26 · 1 min
Fitch: Romania’s Investment Grade Hinges on Fiscal Outlook, Policy Implementation
Analysis

Fitch: Romania’s Investment Grade Hinges on Fiscal Outlook, Policy Implementation

Romania’s retention of its investment-grade rating will depend on the fiscal outlook and policy implementation, Fitch Ratings said in a new report.

Oana Gavrila · 29.06.2021 · 09:35 · 1 min
Parliament Ratifies $8B Nuclear Power Romania-US Agreement
Energy

Parliament Ratifies $8B Nuclear Power Romania-US Agreement

Romania's parliament has ratified an $8 billion agreement between the governments of Romania and the United States for the refurbishment of one nuclear reactor and the building of two new re...

Oana Gavrila · 24.06.2021 · 15:26 · 1 min
FIC: Romania Has Potential, Opportunity to Implement Reforms Pushing Growth above EU Average
Analysis

FIC: Romania Has Potential, Opportunity to Implement Reforms Pushing Growth above EU Average

The Foreign Investors Council (FIC), which includes over 120 multinational companies, thinks Romania currently has both the potential and the chance to implement key reforms for a strong and...

Oana Gavrila · 03.06.2021 · 14:50 · 1 min