Social/Politics
Romania Readies New Public Sector Wage Law
Romania's public sector wages will be increased annually through the new wage law, starting 2014, in stages and successively, but only for state employees whose base salaries are lower than...
Government Starts Checking High Wealth People With Unpaid Taxes
The Romanian Government has started this year to check up on people with large wealth suspected of exceeding the “minimum acceptable risk” by not paying their taxes.
Romania Willing To Discuss CE Oltenia Privatization
Romania’s government wants to rethink plans regarding energy producer CE Oltenia and is considering selling it to a strategic investor or sealing a partnership with a private company, accord...
IMF Formally Announces Guillermo Tolosa As New Resident Representative To Romania
The International Monetary Fund Friday said Guillermo Tolosa will be the institution’s new resident representative in Romania and Bulgaria, effective July 1.
Bulgaria, Romania Want To Build Third Bridge Over Danube
Bulgaria and Romania want to build a third bridge over the Danube River, to link Bulgarian port city Silistra to the Romanian city of Calarasi.
Radu Cernov Resigns As Executive Board Member At Transgaz
Radu Cernov has resigned from the position of member in the Managing Board of Romanian natural gas transporter Transgaz (TGN.RO) and will remain board member until the next general meeting o...
Romania Had 5.43 Mln Pensioners In 1Q, Average Pension 3.8% Higher On Year
Romania had 5.433 million pensioners in the first quarter of the year, 98,000 fewer than in the similar interval a year ago, and the average monthly pension increased 3.8% to 795 lei (EUR177...
Romania Sets Tolls For Calafat-Vidin Bridge
Romania’s Government has set the tolls for vehicles crossing the road-rail bridge over the Danube linking Calafat (Romania) to Vidin (Bulgaria), which will be inaugurated Friday, June 14.
40% Fewer People Hired In 1Q/2013 Than In 1Q/2012
Companies hired less than 50,000 people in the first quarter of the year, 40% fewer than in the similar interval a year ago, when more than 85,000 new jobs were created.