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Borbely: IMF Voiced Doubt About Privatizing Romanian Health Insurance Houses
Social/Politics

Borbely: IMF Voiced Doubt About Privatizing Romanian Health Insurance Houses

The International Monetary Fund expressed doubt about the privatization of Romanian health insurance houses, arguing that this system has not proved very successful in some of the countries...

Ioana Tudor · 01.02.2012 · 15:42 · 1 min
Romanian Miners Stage Protest Displeased With Wages, Work Conditions
Social/Politics

Romanian Miners Stage Protest Displeased With Wages, Work Conditions

Over 1,500 miners at the seven coal mines located in the Jiu Valley, southwestern Romania, staged a spontaneous protest Wednesday and refused to go down, while others barricaded themselves u...

Ioana Tudor · 01.02.2012 · 13:15 · 1 min
Social/Politics

Hungarian Minority Party Asks IMF To Approve Wage, Pension Hikes In 2012

The Hungarian minority party UDMR, part of Romania’s ruling coalition, will ask the International Monetary Fund (IMF) to approve public wage and pension hikes in 2012 and oppose the enforcem...

Ecaterina Craciun · 01.02.2012 · 12:30 · 1 min
Oltchim Keeps 840 Employees On Furlough Through February
Capital Market

Oltchim Keeps 840 Employees On Furlough Through February

Romanian chemical company Oltchim (OLT.RO) will keep 840 on furlough throughout February as well, continuing a measure taken over the past six months for lack of raw materials and working ca...

Oana Gavrila · 01.02.2012 · 11:20 · 1 min
Romania Agrees To Tighter Fiscal Discipline
Macroeconomics

Romania Agrees To Tighter Fiscal Discipline

Heads of state and of government in the European Union have sought once again in Brussels to prove to markets that they can work together to find solutions to the debt crisis. Politicians, a...

Radu Bostan · 01.02.2012 · 00:00 · 1 min
Basescu: Even I Would Be In Trouble If Gas Prices Were Deregulated Tomorrow
Social/Politics

Basescu: Even I Would Be In Trouble If Gas Prices Were Deregulated Tomorrow

Romanian President Traian Basescu met Tuesday with officials from the IMF, World Bank and European Commission, and made it plain that even he would have difficulty paying his bills, were the...

Radu Bostan · 31.01.2012 · 19:49 · 1 min
Basescu: Romania Has Lowest Per-Capita Debt In EU
Social/Politics

Basescu: Romania Has Lowest Per-Capita Debt In EU

Romanian President Traian Basescu said Tuesday Romania has the lowest debt per capita in the European Union, of EUR4,570.

Ioana Tudor · 31.01.2012 · 19:01 · 1 min
Social/Politics

Government To Urge Parliament To Adopt Statute Of National Minorities By End-June

The Romanian Government will call on the Parliament to approve the statute of national minorities by the end of June, according to the Government’s list of legislative priorities for 2012.

Ioana Tudor · 31.01.2012 · 14:22 · 1 min
Social/Politics

Government Wants Correspondence Voting Bill Adopted By End-April

Romania’s Government has decided to resume the issue of correspondence voting and plans to adopt the bill by end-April and send it to Parliament, according to the Cabinet’s legislative sched...

Oana Gavrila · 31.01.2012 · 14:11 · 1 min