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Social/Politics

Tarom Won't Be Privatized, Government To Sell Minority Package - Sources

The Romanian Government states, in the new letter of intent to the IMF, its goal to privatize chemical plant Oltchim and the Turceni, Rovinari and Craiova energy complexes, while its plan fo...

Radu Bostan · 08.05.2011 · 17:31 · 1 min
Social/Politics

Interior Ministry Unionists To Picket Parliament Over Layoff Bill

The National Union of Police and Contracted Personnel (SNNPC), which states it represents more than 50,000 employees of the Romanian Interior Ministry, will picket the Parliament on Tuesday,...

Radu Bostan · 08.05.2011 · 17:30 · 1 min
Social/Politics

Romania Should Switch To ESA95 Reporting Procedures - President

Romanian and the IMF strongly maintain that the budget deficit for 2010 was computed accurately, President Traian Basescu said Saturday, adding that Romanian authorities are open to implemen...

Radu Bostan · 08.05.2011 · 16:23 · 1 min
Social/Politics

State Companies To Report Financial Results To Finance Ministry

Romanian President Traian Basescu said Saturday that the top priority for 2011 is improving management in state companies and autonomous administrations, which will soon have to report to th...

Radu Bostan · 08.05.2011 · 15:11 · 1 min
Romania Cannot Reduce Social Security Contributions In 2011 - President
Social/Politics

Romania Cannot Reduce Social Security Contributions In 2011 - President

Romanian President Traian Basescu said Saturday that, in his opinion, it is impossible to reduce social security contribution rates in 2011.

Radu Bostan · 07.05.2011 · 20:08 · 1 min
Social/Politics

Basescu Says Complete Liberalization Of Energy and Gas Markets Should Wait Until 2015

Romanian President Traian Basescu said Saturday, after a meeting with the International Monetary Fund delegation, that the deregulation of gas and electricity prices for households should be...

Radu Bostan · 07.05.2011 · 19:50 · 1 min
Social/Politics

President Basescu: IMF Follow-Up Deal To Allow Reforms To Continue

Romanian President Traian Basescu said Saturday that the new deal with the International Monetary Fund is "precautionary" and its purpose is continuing reforms, with international financial...

Radu Bostan · 07.05.2011 · 18:49 · 1 min
Social/Politics

Romania, IMF Agree On Letter Of Intent For New Deal

Romanian authorities and the International Monetary Fund have reached an agreement on the Government's course of action outlined in the follow-up deal's letter of intent, people close to the...

Radu Bostan · 07.05.2011 · 16:13 · 1 min
Social/Politics

Government, IMF Disagree On Privatizations, Social Security Contributions - Sources

The Romanian Government and the IMF delegation have not yet reached an agreement on the state companies to be privatized or restructured, or the right time to reduce social security contribu...

Radu Bostan · 06.05.2011 · 19:36 · 1 min