Social/Politics
Posta Romana To Cut 2,000 Jobs, SNR To Cut 450 Jobs
About 2,000 out of 34,000 jobs will be cut from Romania’s state-owned postal company Posta Romana and 450 jobs will be cut from the National Radiocommunications Company’s current 1,950 jobs,...
No. Of Romanians With Major Spending Plans Increased From Last Year - Survey
The number of Romanians who have major acquisition and spending plans for 2011 has increased compared to last year, and the main spending plan concerns vacation, according to a survey publis...
President Basescu Passes Law On Building Rehabilitation
Romanian President Traian Basescu on Monday passed the law on the rehabilitation of buildings, put forward by the Ministry of Regional Development and Tourism.
INS: Average Net Wage Falls In May To RON1,458
Average net wages in Romania dropped 2.7% on the month to 1,458 lei (EUR345) in May, since wages in April had been boosted by Easter and other seasonal bonuses, the statistics institute INS...
Opposition Social Democrats Draw Up Bill On Confiscating Illegally Obtained Property
The Romanian opposition Social Democratic Party has drawn up a bill whereby property owned by people indicted on criminal charges may be confiscated if owners cannot prove they obtained the...
Bucharest Court Clears Banca Transilvania Management Of Insider Trading Charges
The Bucharest Court on Monday acquitted the management of Banca Transilvania (TLV.RO), clearing it of insider trading charges in a case regarding trades with the bank's stock, which allegedl...
Government To Raise Salaries Of Employees Managing Swiss Development Assistance
Romania's Government has decided to raise the salaries of employees handling the financial contribution allotted for Romania by Switzerland through a program to reduce economic and social ga...
Romania Might Extend Industrial Park Incentives Until 2020
Romania's Government plans to extend, until 2020, the fiscal incentives granted to companies that invest in industrial parks, make these companies eligible for EU funds and open another five...
Netherlands To Grant Work Permits To Romanians Only In Exceptional Cases
Romanian and Bulgarian citizens, as well as immigrants from outside the European Union, will be granted work permits in the Netherlands only in “exceptional cases”, according to a new measur...