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Romanian Public Administration Workers On Full-Blown Strike As Of May 31

15:56, 13 Mai 2010

Romanian public administration workers will go on full-blown strike as of May 31, blocking activity in city halls and county councils across the country, in protest to the Government’s plan to cut public sector wages by 25% and sack 70,000 state employees this year.

Romanian NGO Announces Gay Pride March On May 22

15:51, 13 Mai 2010

The seventh edition of Romania’s GayFest will take place between May 17 and May 22, ending in a gay pride march to be attended by the British ambassador to Bucharest, Robin Barnett, said a press release issued Thursday by organizers “Accept”, an NGO defending the rights of sexual minorities.

Romania’s Govt Estimates Pension, Wage Cuts Will Save RON10B

14:51, 13 Mai 2010

Romania’s Government estimates it will save RON5.39 billion in the second half of 2010, or 1.06% of the country’s GDP, due to the recently announced 25% public sector wage cut which come into force on June 1, says a document issued by the Finance Ministry.

Romanian Social Democrats To Submit Motion On Agriculture In Lower Chamber On Monday

14:44, 13 Mai 2010

Romania’s opposition Social Democratic Party will submit Monday in the Chamber of Deputies a simple motion on Agriculture, Victor Surdu, head of the party’s agriculture department, told a press conference Thursday.

Romania’s 2010 Estimated Unemployment Rate Up 0.5% On Year – Govt

13:53, 13 Mai 2010

Romania’s Government said in a document issued in May that the number of unemployed people is expected to increase to 740,000, only 31,000 more on the year, and that the unemployment rate will grow to 8.3%, a 0.5% increase on the year.

Romania Unlikely To Adopt Euro In 2015 – Ctrl Bker

13:26, 13 Mai 2010

Romanian economy won’t have sufficient drive for the country to adopt the euro by its 2015 timeframe, but this shouldn’t scare the central bank into changing the adoption calendar, said Lucian Croitoru, adviser to the central bank governor.

Half Of Romania’s Public Sector Workers Earn Less Than RON1,500/Month

12:59, 13 Mai 2010

Nearly half of Romania’s public sector workers in public administration education and healthcare, or about 400,000 people, have wages of up to 1,500 lei (EUR1=RON4.1751), while 5.72% of state employees have wages between RON4,000 and exceeding RON8,000, according to Romania’s Finance Ministry.

Romanian Fin Min To Unblock 2009 Overdue Subsidies For Farmers By Friday

12:13, 13 Mai 2010

Romania’s Finance Ministry will unblock all 2009 overdue subsidies to farmers by Friday, Finance Minister Sebastian Vladescu said Thursday after a meeting with agriculture sector unionists and Agriculture Minister Mihai Dumitru.

Romanian Railway Workers Threaten To Halt Trains Over 25% Wage Cut Plan

11:32, 13 Mai 2010

Romanian railway workers threaten to block trains if their wages are cut 25%, as Prime Minister Emil Boc announced Wednesday, union leader Iulian Mantescu said Thursday.

Romania Fin Min: Renegotiation Of Austerity Measures Would Be Wrong

11:08, 13 Mai 2010

A renegotiation with the International Monetary Fund of the spending cut measures already assumed by the Romanian Government would be wrong, Finance Minister Sebastian Vladescu said Thursday.

Romanians Continue Protests, Call On President And Govt To Resign Over Austerity Plan

11:07, 13 Mai 2010

About 200 Romanian unionists are protesting Thursday outside the presidential palace in Bucharest and call on the president and government to resign because of the austerity plan authorities announced.

Romania’s Govt Estimates To Collect Extra RON421M In Meal Vouchers, Copyright Income Tax Revenues

11:02, 13 Mai 2010

Romania’s Government estimates it will collect extra 345 million lei (EUR1=RON4.1751) in the second half of the year by applying a 16% tax on meal vouchers, and extra RON76 million by deducting social security contributions from copyright income and reducing deductible quotas to 25%, from 40%.

Romanian Public Sector Unionists Start Protests Over Cost Cutting Measures Thursday

09:32, 13 Mai 2010

Romanian unionists will stage a four-day protest starting Thursday and 1,000 people will picked the Government’s headquarters and the Presidential Palace, disgruntled with the anti-crisis measures announced by the country’s authorities.

Romanian Union Leaders Say 25% Wage Cut For Employees Of State-Run Cos Is Illegal

19:43, 12 Mai 2010

Romanian union leaders on Wednesday said the 25% wage cut for employees in state-owned companies breaches collective labor contracts, stressing this will determine experts with these companies to resign and more people to rally in public protests.

EU: Romania Not Yet Ready For Euro Adoption

18:08, 12 Mai 2010

The European Commission on Wednesday concluded Romania is not yet prepared to join the euro area, citing a series of legal incompatibilities along the mandatory criteria for adopting the European common currency.

Romania Signs Tri-Nation Deal To Create Gas Transport Co

17:27, 12 Mai 2010

Romania, Azerbaidjan and Georgia have signed an agreement Wednesday in Tbilisi to create a mixed company that will transport Azeri gas to Europe, through Georgia, the Romanian Economy Ministry said.

Romanian Crew Member On Board Greek Ship Seized By Somali Pirates

16:45, 12 Mai 2010

A Romanian crew member is on board the Greek-owned bulk carrier Eleni P, seized by Somali pirates in the Gulf of Aden, Greek manager of the ship’s owner Markos Vassilikos said Wednesday, cited by AFP.

Romanian Education Minister Invites Unions To Talks, Urges Teachers Not To Freeze School Year

16:39, 12 Mai 2010

Romanian education Minister Daniel Funeriu said Wednesday he is inviting unions in the education system to talks as of Thursday and called on teachers not to go on full-blown strike and freeze the school year, as they have planned.

Romanian Retirees End Protest At Presidential Palace Two Hours Later Than Planned

16:30, 12 Mai 2010

About 1,000 retirees ended a protest outside the presidential palace in Bucharest, two hours later than planned and after brief scuffles with security forces.

Romania Eyes Guaranteeing Loans Of Pvt Cos For Co-Financing Of EU-Funded Projects

15:56, 12 Mai 2010

The Romanian Government plans to also guarantee the loans contracted by private companies for the co-financing of several projects backed from European Union funds, people close to the matter told MEDIAFAX Wednesday.

Romania April Tax Revenue At RON13.2B, Below Target

15:43, 12 Mai 2010

Romania’s fiscal authority ANAF collected total taxes worth 13.21 billion lei (EUR1=RON4.1751) in April, below target, due to lower revenue from the profit tax and excise duties.

Romania 1Q GDP Sees Fourth Largest Decline In EU

15:22, 12 Mai 2010

Romania posted the fourth widest quarterly economic fall in the European Union in January to March this year, while the EU's gross domestic product inched up 0.2% on the quarter, official data showed Wednesday.

Romania Postpones Introduction Of Mandatory Energy Certification As Of June 15

15:21, 12 Mai 2010

Romania’s Government has postponed the June 15 introduction of mandatory energy certification for real estate transactions, says a press release issued Wednesday by the Development Ministry.

Romania Might Raise Health Insurance Contributions To 14%, From 10.7%

15:11, 12 Mai 2010

Romania’s Health Ministry and the National Health Insurance House (CNAS) are working on a draft act to raise health insurance contributions from 10.7% to 14%, which would increase the value of the health insurance fund by 20%, CNAS manager Adina Geana said Wednesday.

Romania’s Govt Adopts Decision To Implement Digital Television

15:08, 12 Mai 2010

Romania’s Government adopted a decision to implement digital television, which will enable telecoms regulator ANCOM to start procedures to award the first two licenses in the sector, Communications Minister Gabriel Sandu told MEDIAFAX Wednesday.

Romanian Parliament Enacts Integrity Agency Bill

14:42, 12 Mai 2010

Romanian senators on Wednesday adopted the bill regulating the country’s integrity agency, a EU-backed anticorruption body that was stripped of its main attributions last month.

Romanian Teachers Go On Full-Blown Strike As Of May 31

13:22, 12 Mai 2010

Romanian teachers will go on full-blown strike indefinitely as of May 31, will not take part in national tests and will attend a rally of public sector workers on May 19, union leader Aurel Cornea said Wednesday.

Romania March Indus Output Sees 5th Highest Monthly Growth In EU

12:35, 12 Mai 2010

Romania’s industrial output posted in March the fifth biggest monthly increase in the European Union, official data showed Wednesday.

Romanian Prosecutors Won’t Start Criminal Investigation Against Senate Chairman

12:13, 12 Mai 2010

Romanian prosecutors ruled not to start criminal investigations against social democrat Senate Chairman Mircea Geoana accused of forgery in his wealth statement, people close to the matter told MEDIAFAX Wednesday.

Romanian Pensioners Picket Presidential Palace, Call On President To Resign Over Austerity Plan

11:33, 12 Mai 2010

Over 500 Romanian pensioners are picketing the presidential palace in Bucharest Wednesday and call on the president to resign over highly unpopular austerity measures he announced last week.

Romanian Disabled People, War Veterans Affected By Cost Cutting Program

11:15, 12 Mai 2010

Romania will slash social benefits by 15% starting June 1 and the measure will also be applied for people with disabilities, war veterans and widows, ex-political prisoners and deportees, as well as for pensioners whose spouses died, according to a draft emergency decree to cut social spending.

Romanian PM Calls For 25% Wage Cuts For Employees Of State-Run Cos, Including State-Owned Banks

10:38, 12 Mai 2010

Romanian Prime Minister Emil Boc on Wednesday called for 25% wage cuts for employees in state-owned companies, including the country’s state-owned banks, Eximbank and CEC Bank.

Romania To Tax Owners Of Multiple Properties Extra

10:37, 12 Mai 2010

Romania will introduce an additional tax for real estate property owners who own more than one property, and taxation quotas will increase for each additional piece of property, Prime Minister Emil Boc said during the Cabinet meeting Wednesday.

Romania 1Q GDP -0.3% On Quarter, -2.5% On Year

10:11, 12 Mai 2010

Romania’s first quarter gross domestic product shrank by 0.3% in real terms compared with the earlier quarter, a flash estimate of the National Statistics Institute showed Wednesday.

Romanian Soldier Killed In Afghanistan

10:08, 12 Mai 2010

A Romanian soldier was killed in Afghanistan Wednesday, Defense Ministry officials said, adding further details would be released later in the day.

Romania To Collect New Taxes To Increase Budget Revenues

10:01, 12 Mai 2010

Romanian Finance Minister Sebastian Vladescu said the country will apply a 16% tax on income gained from copyright, stock activities, the interest generated by bank deposits, mandate contracts, as well as on authorized individuals, newspaper Gandul reported.

Romania To Repeal Laws Regulating Newborn’s Trousseaus, Financial Aid For Newlyweds

09:18, 12 Mai 2010

Romania’s Government will repeal the laws regulating trousseaus for newborns and financial aid for newlyweds, according to a draft emergency decree to reduce social spending.

Romania Must Borrow Extra EUR5B, Apart From IMF Loan, To Meet New Budget Deficit Target

00:03, 12 Mai 2010

Romanian President Traian Basescu said Tuesday Romania should borrow extra EUR5 billion from the market, apart from the EUR3 billion to be disbursed by the International Monetary Fund and the European Union by the end of the year, in order to keep the deficit in the new cap agreed with the IMF.

Romania’s Letter Of Intent To IMF To Be Adopted Only With Prior Ok Of Economic And Social Council

23:57, 11 Mai 2010

Romanian President Traian Basescu Tuesday said he decided, alongside Prime Minister Emil Boc, that the additional letter of intent for the EUR13 billion standby agreement with the IMF will be adopted by the Government only with the prior approval of the country’s Economic and Social Council.

Special Pensions In Romania To Be Drastically Slashed As Of June 1 – Draft Decree

21:19, 11 Mai 2010

Special pensions in Romania will be drastically cut as of June 1, based on a lower pension point and the application of a 90% quota, as "solidarity tax," to the sum left after deducting social contributions and the income tax, according to a draft emergency decree regarding public spending cuts.