Social/Politics
Romania Labor Ministry: Number Of Labor Contracts Suspended Drops By Over 300.000 In One Day
The latest data from Romania’s Labor and Social Protection Ministry show that some 500.000 labor contracts have been suspended and over 350.000 labor contracts have been terminated until May...
Labor Ministry: Some 900.000 Labor Contracts Suspended, Over 340.000 Contracts Terminated Until May 12
The latest data from Romania’s Labor and Social Protection Ministry show that some 900.000 labor contracts have been suspended and over 340.000 labor contracts have been terminated until May...
EC Approves Compensation to Energy-Intensive Companies in Romania
The European Commission has approved, under EU State aid rules, Romanian plans to partially compensate energy-intensive companies for higher electricity prices resulting from indirect emissi...
Government to Cover Furlough Payments until at Least June 1 - PM
Romanian prime minister Ludovic Orban said Monday the government would continue to cover furlough payments until at least June 1, as the country is preparing to lift its state of emergency a...
Labor Market Continues Decline: Number Of Labor Contracts Suspended, Terminated Keeps Growing
The latest data from Romania’s Labor and Social Protection Ministry show that over 900.000 labor contracts have been suspended and over 320.000 labor contracts have been terminated until May...
Guarantee Fund Signs Agreement with 29 Banks to Allow Moratorium on First Home Loans
Romania's guarantee fund said Wednesday it has signed agreements with 29 banks to grant facilities on rescheduled interests for state-guaranteed mortgage loans for debtors whose income was a...
Romania Unwilling to Access Conditional International Loans
Romania's finance ministry is looking at all financing options from international lenders – IMF, EBRD, World Bank – but will not access any loan with conditions attached, finance minister Fl...
Romanian Finance Minister Expects Economy Will Recover Quickly in 2H/2020
Romanian finance minister Florin Citu said Tuesday the government was operating within a scenario that sees the country's economy heading for a V-shaped recovery, returning to growth startin...
Labor Ministry: Number Of Labor Contracts Suspended Up Over 170,000 Until May 4
The latest data from Romania’s Labor and Social Protection Ministry show that over 900.000 labor contracts have been suspended and over 300.000 labor contracts have been terminated until May...