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Social/Politics

Romania To Increase Personnel Expenses In Intelligence Services, Defense Ministry

Romania's Government will increase the budgets of the intelligence services and Interior, Defense and Justice ministries by almost 724 million lei (over EUR170 million), for personnel expens...

Radu Bostan · 01.08.2011 · 19:11 · 1 min
Social/Politics

Romania To Increase Ministry Budgets For Investments, Company Debts

Romania's government will increase the budgets of several ministries, in order to finance investments and eliminate debts incurred by state enterprises, but will give less resources to the M...

Radu Bostan · 01.08.2011 · 19:00 · 5 min
Social/Politics

Franks: Romania’s Government Has To Set Its Top Priority

Romania’s Government has to choose between raising public sector wages, allotting more funds for investments and reducing social security contributions, Jeffrey Franks, head of the Internati...

Ioana Tudor · 01.08.2011 · 16:45 · 2 min
Social/Politics

Reduced Co-Financing Rate For EU Funds To Save Romania Up To EUR714M

The European Commission's plan to reduce the co-financing that must be provided by six EU member states to access EU funds, to 5% from 15%, may save Romania as much as EUR714 million.

Radu Bostan · 01.08.2011 · 14:59 · 2 min
Boc: Ruling Coalition Didn’t Discuss Hiking Public Sector Wages Starting Oct 1
Social/Politics

Boc: Ruling Coalition Didn’t Discuss Hiking Public Sector Wages Starting Oct 1

Romania’s ruling coalition held no talks on raising wages in the public sector starting October 2011, Romanian Prime Minister Emil Boc said Monday.

Ioana Tudor · 01.08.2011 · 14:30 · 1 min
Social/Politics

Ruling Coalition Decides To Hike Public Sector Wages Starting Oct 1

Romania's ruling coalition decided Monday to raise wages in the public sector starting October 1, Varujan Pambuccian, leader of national minorities' group, told online newspaper Gandul.

Ioana Tudor · 01.08.2011 · 12:52 · 1 min
Banks-Insurance

IMF: Romania May Raise Public Sector Wages After More Job Cuts

Even though the government may consider there is room for public sector wage increases, Romania should only raise them following more job cuts layoffs, Monday said Jeffrey Franks, head of th...

Oana Gavrila · 01.08.2011 · 11:40 · 1 min
Macroeconomics

INS: Romania’s Jobless Rate Rises To 7.5% In June

Romania’s unemployment rate rose slightly to 7.5% in June, from 7.4% in May, according to seasonally adjusted data, the national statistics institute INS said Monday.

ZF English · 01.08.2011 · 10:00 · 1 min
Basescu: All Objectives In Loan Agreement Met, Except Government Arrears
Social/Politics

Basescu: All Objectives In Loan Agreement Met, Except Government Arrears

Romanian President Traian Basescu said Sunday, after the meeting with the IMF, European Commission and World Bank delegation, that Romania has met all of its objectives in the loan agreement...

Radu Bostan · 31.07.2011 · 20:51 · 1 min