Social/Politics
PwC: New Labor Code To Generate Opportunities For Fast Growing Companies, Skilled Staff
Romania’s new Labor Code will generate new opportunities for fast growing companies and for skilled and resourceful employees, although, on the short run, it will not lead to massive job cre...
State Secretary Nicolae Ivaschescu Appointed Interim Labor Minister
Romanian Labor Ministry state secretary Nicolae Ivaschescu was appointed interim minister after Labor Minister Ioan Botis resigned, Prime Minister Emil Boc said Wednesday.
Romania To Pay Almost EUR7.5M For ECHR Judgments Final In 2010
Romania is liable for almost EUR7.5 million in just satisfaction for judgments which remained final in 2010, according to the annual report on the execution of judgments of the European Cour...
Private Pension Funds' Net Assets Up 12.6% To RON5.24B In 1Q
The net assets of Romania’s mandatory private pension funds (Pillar II) and voluntary pension funds (Pillar III) hit 5.24 billion lei (EUR1=RON4.0910) in the first three months of the year,...
Labor Minister Says Wife To Quit Position As Adviser On EU-Funded Project
Romanian Labor Minister Ioan Botis said Tuesday his wife will quit her position as adviser to a EU and Government-funded project, amid allegations of a possible conflict of interest.
Romanian Antifraud Department Suspects Labor Minister In Conflict Of Interest
The Romanian Antifraud Department (DLAF) believes "there are indications of breaches of national and community law on the conflict of interest" in the case of a project run by an NGO where t...
Romanian Senate Committee OKs Bill Depriving President Of Right To Award Decorations
The Romanian Senate’s committee for legal matters adopted a favorable report to a bill proposed by the Government whereby medals and decorations will no longer be awarded by the head of stat...
Romania Public Art Sales Up 124% On Year In 2010
Public art sales in Romania increased 124% in 2010, compared to 2009, to EUR8.3 million, and the average annual yield stood at 40%, according to the second edition of the Artmark Index, laun...
MP Drafts Law Banning Romania’s Would-Be Natural Gas Exports
Romanian leftist MP Iulian Iancu told an energy conference Tuesday that he has submitted a draft law banning natural gas exports, even though Romania is physically unable to unfold such expo...