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Officer Within Interior Ministry Earns Twice As Much As The Minister
Social/Politics

Officer Within Interior Ministry Earns Twice As Much As The Minister

The biggest salary of a public sector employee is 11,248 lei (around EUR2,500) and is earned by a general manager within the Ministry of External Affairs. The employee earned 1.7 times more...

Radu Bostan · 30.08.2012 · 00:00 · 2 min
Companies

Romanian Employers Granted Fewer Meal Vouchers To Employees In First Half

Large and small companies in Romania granted 1.2% fewer meal vouchers to their employees in the first six months of 2012, compared with the same period in 2011, according to the study "The e...

Ecaterina Craciun · 29.08.2012 · 12:59 · 1 min
Finance Ministry: Budget Revenue Down To 32.3% Of GDP
Macroeconomics

Finance Ministry: Budget Revenue Down To 32.3% Of GDP

The share of budget revenues in the gross domestic product has been adjusted as part of the budget revision from 33.9% to 32.3%, according to information sent by the Finance Ministry.

Radu Bostan · 29.08.2012 · 00:00 · 1 min
Bucharest Court Acquits Patriciu In Rompetrol Case
Social/Politics

Bucharest Court Acquits Patriciu In Rompetrol Case

The Bucharest Court on Tuesday acquitted businessman Dinu Patriciu in a case involving Romania's second largest oil group Rompetrol (RRC.RO), in which 12 people are accused of fraud, includi...

Manuela Panescu · 28.08.2012 · 18:23 · 1 min
TVR To Lay Off Almost 980 Employees
Media

TVR To Lay Off Almost 980 Employees

The managing board of Romanian national television company SRTv decided Tuesday to lay off almost 980 employees, as part of the company’s economic recovery program.

Manuela Panescu · 28.08.2012 · 17:20 · 1 min
Romanian President Traian Basescu Returns To Office
Social/Politics

Romanian President Traian Basescu Returns To Office

Romania’s President Traian Basescu has returned to office Tuesday after being suspended by Parliament for 52 days and reinstated following a Constitutional Court verdict on his impeachment r...

Oana Gavrila · 28.08.2012 · 10:44 · 1 min
PM Has Bad News For IT&C Sector: All Money From Telecom Auction Will Go To Agriculture
Technology &Telecoms

PM Has Bad News For IT&C Sector: All Money From Telecom Auction Will Go To Agriculture

The Romanian Government has decided that the money to be collected this year from the biggest sale of mobile communications licenses in Romanian history - around EUR200 million – will be ful...

Radu Bostan · 28.08.2012 · 00:00 · 3 min
Oltchim Auction Put Off To September 18
Energy

Oltchim Auction Put Off To September 18

Romania’s government has delayed until September 18 a sealed-bid auction for the privatization of state-run chemical company Oltchim Ramnicu-Valcea (OLT.RO), the state’s privatization office...

Florentina Dragu · 27.08.2012 · 16:07 · 1 min
Romania Under Code Yellow Storm Advisory Sunday Through Tuesday
Social/Politics

Romania Under Code Yellow Storm Advisory Sunday Through Tuesday

Romanian meteorologists have issued a code yellow advisory expecting heavy rainfall and strong winds countrywide, valid starting Sunday at 9 p.m. until Tuesday at 9 a.m.

Ecaterina Craciun · 26.08.2012 · 13:23 · 1 min