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Social/Politics

Romania To Raise Public Sector Wages 15% Next Year, Says Coalition Party Head

Romania may raise public sector wages 15 next year, either at once or in tranches, Marian Sarbu, head of coalition party UNPR, told Radio France International Tuesday.

Oana Gavrila · 02.08.2011 · 14:05 · 1 min
PAID Pays First Total Damage Claim For Mandatory Home Insurance Policy
Banks-Insurance

PAID Pays First Total Damage Claim For Mandatory Home Insurance Policy

Romanian insurer PAID on Monday paid the first total damage claim for a building insured through a mandatory policy, worth EUR20,000, for a house in Avrig, Sibiu county, which was destroyed...

Radu Bostan · 02.08.2011 · 13:47 · 2 min
Social/Politics

Romanian Pensioners Welcome Solidarity Basket Program, Want Pensions Adjusted For Inflation

Romanian pensioners support the "solidarity basket" program recently approved by the Government and consider that pensions should also be adjusted for inflation starting September 1.

Ioana Tudor · 02.08.2011 · 13:09 · 1 min
Boc Says Not A Fan Of Rosia Montana Gold Mining Project
Social/Politics

Boc Says Not A Fan Of Rosia Montana Gold Mining Project

Romania’s Government is waiting for expert opinions concerning the impact of the Rosia Montana gold mining project on the environment before making a decision regarding the investment, Prime...

Ioana Tudor · 02.08.2011 · 12:17 · 2 min
Social/Politics

Postal Workers Protest Planned Layoffs, Threaten Full-Blown Strike Unless Co’s Revenues Rise 20%

Some 1,500 Romanian postal workers are picketing the Communications Ministry Tuesday morning over planned layoffs from state-owned postal company Posta Romana and threaten to go on full-blow...

Oana Gavrila · 02.08.2011 · 11:57 · 2 min
Government To Assign RON300M To Healthcare At Budget Revision - PM
Health

Government To Assign RON300M To Healthcare At Budget Revision - PM

Romania will assign 300 million lei (about EUR71 million) to healthcare at this year’s budget revision, will save RON150 million in the reserve fund for hospitals and will supplement loans b...

Oana Gavrila · 02.08.2011 · 11:13 · 1 min
Salaries Bounced Back Quicker In The Private Sector
Social/Politics

Salaries Bounced Back Quicker In The Private Sector

The salaries of the 1.2 million people working in industry, a sector mainly made up of private companies, rose by 6% in the May 2010-May 2011 period, a sign that the steps to slash costs bus...

Adelina Mihai · 02.08.2011 · 00:00 · 1 min
Franks: Romanian Healthcare Clawback System Hasn't Worked, Copayment Needed
Social/Politics

Franks: Romanian Healthcare Clawback System Hasn't Worked, Copayment Needed

Romania's Government should replace the clawback tax in the healthcare system with a new version and implement the proposal for co-payment as soon as possible, Jeffrey Franks, head of the IM...

Radu Bostan · 01.08.2011 · 19:49 · 1 min
Social/Politics

Management Authorities To Borrow From Privatization Earnings To Fund EU Projects

Romania's Finance Ministry will lend the EU fund management authorities up to 2.2 billion lei (EUR520.7 million), over the year, from privatization earnings, to stimulate absorption, accordi...

Radu Bostan · 01.08.2011 · 19:28 · 1 min