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Basescu Wants Romania’s EU Funds Absorption Period Extended Until 2016
Social/Politics

Basescu Wants Romania’s EU Funds Absorption Period Extended Until 2016

Romanian President Traian Basescu on Tuesday said he asked in the European Council that the period during which Romania is allowed to absorb European Union funds be extended until 2016 in a...

Ecaterina Craciun · 04.09.2012 · 13:57 · 1 min
Basescu Says Country Will Not Move Backwards While He Is In Office
Social/Politics

Basescu Says Country Will Not Move Backwards While He Is In Office

Romanian President Traian Basescu said Tuesday Romania will not move backwards, at least not during his term, and called on politicians to make all efforts to ensure the country will move ah...

Ioana Tudor · 04.09.2012 · 13:39 · 1 min
Basescu Says Romania’s Allies And Friends Have No Reason To Oppose Its Schengen Entry
Social/Politics

Basescu Says Romania’s Allies And Friends Have No Reason To Oppose Its Schengen Entry

President Traian Basescu on Tuesday said Romania’s allies and friends have no reason to oppose the country’s accession to the border-free Schengen area, because state institutions did their...

Ecaterina Craciun · 04.09.2012 · 13:22 · 1 min
INS: Average Net Wage Slightly Up To RON1,556 In July
Macroeconomics

INS: Average Net Wage Slightly Up To RON1,556 In July

Romanian average net salary inched up 0.3% to 1,556 lei (EUR346) in July, from RON1,552 a month earlier, the statistics institute INS said Tuesday.

Florentina Dragu · 04.09.2012 · 10:00 · 1 min
Romania Pays More For Diesel Than Luxembourg Despite Eight Times Lower Wages
Automotive

Romania Pays More For Diesel Than Luxembourg Despite Eight Times Lower Wages

One liter of diesel oil in Romania was more expensive at the end of last month than in Luxembourg, despite the fact that a Luxembourger makes almost EUR2,300 per month, while an average Roma...

Radu Bostan · 04.09.2012 · 00:00 · 2 min
EU May Unfreeze Funds For Romanian Infrastructure After New Evaluation
Automotive

EU May Unfreeze Funds For Romanian Infrastructure After New Evaluation

EU funds for Romania's Transport Sector Operations Program (T-SOP), suspended pending checkups on their actual destination, might be unfrozen later in September, following a new evaluation,...

Radu Bostan · 03.09.2012 · 19:08 · 1 min
Romania Ought To Fix Flaws In HR Development Program To Avoid Halt In EU Payments
Social/Politics

Romania Ought To Fix Flaws In HR Development Program To Avoid Halt In EU Payments

The Romanian authority managing the Sector Operational Program for Human Resource Development (AM POSDRU) has until October 6 to correct the flaws in managing the program to avoid a potentia...

Ecaterina Craciun · 03.09.2012 · 14:02 · 1 min
Social/Politics

Romania Might Get More Than EUR40B From EU For 2014-2020

Romania may be allotted between EUR40 billion and EUR47 billion by the European Union for the 2014-2020 period, said Razvan Cotovelea, state secretary in the Ministry of European Affairs.

Radu Bostan · 03.09.2012 · 13:48 · 1 min
Survey: Romanian Employees Under More Stress Because Of Financial Situation
Social/Politics

Survey: Romanian Employees Under More Stress Because Of Financial Situation

Romanian employees are under more and more stress, the majority (63%) citing their personal financial situation as the cause, says a study by office supplier Regus.

Radu Bostan · 03.09.2012 · 13:28 · 1 min