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Energy

Pay Hike Row Sparks Strike At Oil Terminal

Two thirds of the some 1,200 employees at Romanian harbor operator Oil Terminal Constanta (OIL.RO) went on general strike Monday morning, claiming pay hikes, according to union leaders.

Andrei Cîrchelan · 12.03.2012 · 14:40 · 1 min
Tony Blair To Visit Bucharest On March 26
Social/Politics

Tony Blair To Visit Bucharest On March 26

Former British Prime Minister Tony Blair is expected in Bucharest on March 26, at the invitation of Romania’s opposition Social Democratic Party.

Ecaterina Craciun · 12.03.2012 · 12:57 · 1 min
Romania To Raise Public Wages As Of June
Social/Politics

Romania To Raise Public Wages As Of June

Leaders of Romania’s ruling coalition decided Monday to raise public wages as of June and the Government has yet to decide by how much, democrat liberal MP Mircea Toader told MEDIAFAX.

Oana Gavrila · 12.03.2012 · 12:05 · 1 min
How Public Officials Get Paid. Finance Minister Bogdan Dragoi Earned EUR200,000 Last Year
Macroeconomics

How Public Officials Get Paid. Finance Minister Bogdan Dragoi Earned EUR200,000 Last Year

Bogdan Dragoi, who was appointed finance minister a month ago, collected 833,640 lei (almost EUR200,000) from the various positions held in 2011. Half of the money (about EUR105,000) was his...

Loredana Frățilă-Cristescu · 12.03.2012 · 11:23 · 3 min
Social/Politics

MEP Laszlo Tokes Quits Hungarian Minority Party UDMR, Denouncing Party’s Petty Interests

Ethnic Hungarian MEP Laszlo Tokes on Monday said he decided to leave the Democratic Union of Hungarians in Romania, or UDMR, arguing the party’s activity is based on petty interests.

Ecaterina Craciun · 12.03.2012 · 11:16 · 2 min
Basescu Says It’s Not The Right Time To Lower Social Security Contributions
Social/Politics

Basescu Says It’s Not The Right Time To Lower Social Security Contributions

Romanian President Traian Basescu told private television PRO TV Sunday it is not the right time to lower social security contributions, adding that increasing public wages would be the righ...

Ioana Tudor · 11.03.2012 · 11:56 · 1 min
Romanian Northern, Central And Eastern Regions Under Alert For Snowfall, Gusty Wind
Social/Politics

Romanian Northern, Central And Eastern Regions Under Alert For Snowfall, Gusty Wind

Romania has issued a weather alert for snowfall and gusty wind valid from Sunday afternoon until Monday evening for the northern, central and eastern parts of the country.

Ioana Tudor · 10.03.2012 · 13:31 · 1 min
Romania Ponders New Measures To Revive Consumption, Higher Wages Included
Macroeconomics

Romania Ponders New Measures To Revive Consumption, Higher Wages Included

Romania's government and the central bank are working on a new set of measures aimed to increase domestic consumption, including possible salary increases in the public sector, the executive...

Florentina Dragu · 09.03.2012 · 16:26 · 1 min
Romania's Economy May Slip Into Technical Recession In 1Q, FinMin Says
Macroeconomics

Romania's Economy May Slip Into Technical Recession In 1Q, FinMin Says

Romanian Finance Minister Bogdan Dragoi Friday estimated the country’s economy has slipped back into technical recession in the first quarter, hit by bad weather.

Florentina Dragu · 09.03.2012 · 14:07 · 1 min