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Romania Readies New Public Sector Wage Law
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...

Ecaterina Craciun · 16.06.2013 · 17:02 · 1 min
Government Starts Checking High Wealth People With Unpaid Taxes
Social/Politics

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.

Ecaterina Craciun · 14.06.2013 · 15:21 · 1 min
Romania Willing To Discuss CE Oltenia Privatization
Energy

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...

Ioana Tudor · 14.06.2013 · 14:52 · 1 min
IMF Formally Announces Guillermo Tolosa As New Resident Representative To Romania
Macroeconomics

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.

Florentina Dragu · 14.06.2013 · 12:34 · 1 min
Bulgaria, Romania Want To Build Third Bridge Over Danube
Social/Politics

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.

Ioana Tudor · 14.06.2013 · 11:44 · 1 min
Radu Cernov Resigns As Executive Board Member At Transgaz
Social/Politics

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...

Ioana Tudor · 14.06.2013 · 11:15 · 1 min
Romania Had 5.43 Mln Pensioners In 1Q, Average Pension 3.8% Higher On Year
Social/Politics

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...

Ioana Tudor · 14.06.2013 · 10:25 · 1 min
Romania Sets Tolls For Calafat-Vidin Bridge
Automotive

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.

Ioana Tudor · 14.06.2013 · 09:54 · 1 min
40% Fewer People Hired In 1Q/2013 Than In 1Q/2012
HR

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.

Tudor Ioana Raluca · 14.06.2013 · 07:48 · 2 min