Social/Politics
Romania's Ruling Coalition Topples Own Government in No-Confidence Vote
Romania's Parliament on Wednesday adopted a no-confidence motion submitted by the ruling coalition to topple its own government led by prime minister Sorin Grindeanu.
Romanian Parliament Debates, Votes on No-Confidence Motion Wednesday
Romania's Parliament will assemble Wednesday to debate and vote on a no-confidence motion submitted by social democrats and coalition partners against their own government.
Romanian Leu Hits Five-Year Low, Of 4.5872 Vs Euro, Amid Political Tension
The Romanian leu depreciated against the euro by midday Thursday and the central bank set the leu’s reference rate versus the euro at 4.5872 units, the lowest level since July 2012, amid pol...
Romanian Parliament Adopts Public Sector Wage Bill
Romania's lower house of Parliament on Wednesday adopted a bill regulating salaries in the public sector with 188 votes in favor, 28 against and 47 abstentions.
SME Council Sees Impact Of Public Wage Law On Budget Expenditure At RON42B Until 2022
The National Council of Romanian Small and Medium-sized Enterprises, or CNIPMMR, on Monday said it expects the impact of the public sector wage law on budget expenditure to reach RON34 billi...
IMF Warns Romania Budget Deficit Could Reach 3.7% of GDP in 2017
The International Monetary Fund warned Thursday Romania's budget deficit will reach 3.7% of gross domestic product in 2017 and 3.9% of GDP in 2018 and measures are needed to reduce it.
PM: Cernavoda Nuclear Reactor Investments To Start Shortly
Romanian Prime Minister Sorin Grindeanu said Wednesday Romania targets energy independence and investments in a third and fourth nuclear reactor at the Cernavoda nuclear power plant will sta...
Senate Adopts Public Sector Wage Bill
Romania's Senate on Tuesday adopted the bill regulating wages in the public sector, as endorsed by the chamber's labor committee.
Labor Minister: Public Workers’ Wages To Go Up By 25% As Of January 1, 2018
Romanian Labor Minister Lia Olguta Vasilescu said Monday evening that all wages of public workers would increase by 25%, as of January 1, 2018, arguing the "perverse effect" of wage raises i...