government

EXCLUSIVE: Amended Romanian Labor Code Requires Earlier Notice Of Resignation

17:45, 29 Nov. 2010
Employees have to give at least 20 business days prior notice when resigning, or 45 days if they hold a management position, says the draft act amending Romania's Labor Code, obtained by MEDIAFAX.

Romanian Parliament Sends Education Bill Back To Govt

16:33, 29 Nov. 2010
The Romanian Parliament’s Standing Bureaus decided Monday to send the education bill back to the Government, as well at its request for a vote of confidence to pass the bill into legislation, said social democrat deputy Mircea Dusa.

Romanian Govt Might Deny Aid To Unemployed People Who Turn Down A Job Offer Twice

20:34, 25 Nov. 2010
People on unemployment who are counseled by an employment agency advisor and turn down a job offer twice will no longer receive aid, Prime Minister Emil Boc said Thursday.

EXCLUSIVE: Romanian Govt Cuts VAT Funds For Local Budgets

10:24, 25 Nov. 2010
The Romanian Government will cut funds from VAT collections to be granted to local budgets and will halve the money allotted for infrastructure works and sport grounds, according to the final form of the country’s 2011 draft state budget, obtained by MEDIAFAX.

EXCLUSIVE: Romanian Local Authorities Can’t Make New Investments If Old Projects Not Finished

09:13, 25 Nov. 2010
Romanian local authorities will be forbidden to finance new investment projects if they did not ensure funds to complete projects that have already been started, according to the final form of the country’s 2011 draft state budget, obtained by MEDIAFAX.

EXCLUSIVE: Romanian State-Run Cos Must Freeze Employment, Limit Wage Spending In ‘11 – Draft Budget

09:12, 25 Nov. 2010
Romanian state-run companies and autonomous departments are compelled to freeze hiring next year so they do not exceed the number of employees allowed for 2010, according to the final form of the country’s 2011 draft state budget, obtained by MEDIAFAX.

EXCLUSIVE: Romanian Freezes Pensions In 2011, Social Contributions – Draft Budget

09:11, 25 Nov. 2010
Romanian public system pensions, including minimum guaranteed pensions, will be frozen at they current level in 2011, and social security contributions will not decrease below the level set for this year, according to the final form of the country’s 2011 draft state budget, obtained by MEDIAFAX.

Romania To Increase Public Sector Salaries By 15% In 2011 Compared To October Level

18:55, 24 Nov. 2010
Romania's Government will increase the base salaries in the public sector by 15% in 2011 compared to their October level, while the minimum gross salary will be raised to 670 lei (EUR1=RON4.3079) from the current RON600, said Prime Minister Emil Boc.

Romanian Govt Approves Public Sector Wage Bill

18:29, 24 Nov. 2010
The Romanian Government approved in its meeting Wednesday the IMF-required unitary wage law for the public sector in 2011, people close to the matter told MEDIAFAX.

EXCLUSIVE: Romanian Govt To Introduce Fiscal Incentives For Electric Car Production, Purchase

17:36, 22 Nov. 2010
Romania's Government will introduce a financial incentive package to encourage purchases of electric cars through an "ecologic bonus" for consumers and through tax deductions or state aid for producers.

Romania To Set Unemployment Aid At 75%- 90% Of Reference Social Indicator Of RON500

12:52, 22 Nov. 2010
Unemployment aid in Romania could be set at 75% to 90% of the country’s reference social indicator, which is currently at 500 lei (EUR1=RON4.2972), people close to the matter said Monday, adding the measure is to be discussed by the Government.

Romanian Govt Postpones Approving Wage Law For Wednesday Over Lack Of OK From Econ Council

10:26, 22 Nov. 2010
Romania’s Government will not discuss the IMF-required unitary wage law Monday because it has not yet received a stance form the country’s Economic and Social Council and has postponed its approval for Wednesday, said spokeswoman Ioana Muntean.

EXCLUSIVE: Romanian Govt To Improve EU Fund Absorption Via Well-Paid Experts, Exacting Contracts

15:41, 21 Nov. 2010
Romania's Government has developed a plan to improve community fund absorption, which includes a hiring thaw, high salaries in managing bodies and strict requirements for EU contracts, due to concerns that the funds may be withdrawn by the European Commission in 2012 without such a program.

Romanian Govt Freezes Hiring In 2011 Because Of Slow Economic Recovery

14:34, 18 Nov. 2010
Romania's Government has decided to keep public sector hiring frozen in 2011 and fill only one in seven vacant positions, as the economy is recovering "slowly," expecting savings of around 350 million lei (EUR1=RON4.2960) in personnel expenses, but also lower revenue from income taxes.

Romania Slightly Revises Up Year-End Budget Revenue

13:34, 18 Nov. 2010
Romania's Government will slightly revise up its year-end estimate for budget revenues by 52.8 million lei (EUR1=RON4.296) to RON165.49 billion, according to the draft of the second budget revision for 2010.

EXCLUSIVE: Romanian Govt Slashes VAT Funds For Local Budgets

12:17, 18 Nov. 2010
Romania's Government will reduce the funds taken from VAT collections and transferred to local budgets to cover personnel expenses and bonuses in public schools, in addition to reducing the social aid budget.

Romanian Govt To OK Second Budget Revision This Year Monday

11:28, 18 Nov. 2010
Romania’s Government will approve this year’s second budget revision in a special Cabinet meeting Monday, when it will also approve the unitary wage bill which it seeks to adopt through a confidence vote, Government spokeswoman Ioana Muntean said late Wednesday.

Romanian Govt Set To Approve Public Sector Wage Bill Monday

11:19, 18 Nov. 2010
Romania’s Government will approve the IMF-required unitary wage law for the public sector in a Cabinet meeting Monday and will then be sent to Parliament before the Government seeks a confidence vote to pass it into legislation, Government spokeswoman Ioana Muntean said late Wednesday.

EXCLUSIVE: Romanian Govt Bans Financial Incentives For Public Sector Next Year

10:41, 18 Nov. 2010
Romanian state workers won’t get incentives, meal, gift or vacation vouchers next year either and overtime will be rewarded with days off instead of extra pay, according to the unitary wage bill obtained by MEDIAFAX.

EXCLUSIVE: Romania Public Sector Wages To Grow Next Year But Stay 13.75% Lower Than Before Pay Cut

10:20, 18 Nov. 2010
Base salaries in the Romanian public sector will increase by 15% in 2011 which means they will still be 13.75% lower than in June this year, when the Government slashed a quarter of state workers’ pay, according to the unitary wage bill obtained by MEDIAFAX.

Romanian President Says Govt Debt Growth Must Be Stopped

16:16, 17 Nov. 2010
Romanian President Traian Basescu on Wednesday called on Cabinet members to put a cap on government debt growth, saying Europe is still struggling with the crisis and some states are likely to enter a downward spiral because of state debt.

EXCLUSIVE: Romania Says Tax Cuts Not An Option Unless Economy Recovers

14:51, 17 Nov. 2010
Romania agreed to limit changes to its taxation system over the next period to ensure fiscal stability and said potential tax cuts won’t be considered until the economy grows again, according to the country’s additional letter of intent to a EUR13 billion deal with the International Monetary Fund.

EXCLUSIVE: Romanian Govt Pledges To Reduce In-Hospital Treatment, Drug Markup

14:47, 17 Nov. 2010
Romania's Government plans to limit in-hospital treatment next year to 10% of its 2010 level and reduce the price markup paid for drugs used in treating cancer, diabetes, HIV/AIDS, TBC to 1.5% for retail and 4% for wholesale purchases.

Romanian President To Attend Govt Meeting On Wage Law, IMF Agreement, Schengen Accession

11:13, 17 Nov. 2010
Romania’s President Traian Basescu has been invited to attend the Government meeting on Wednesday which will discuss the public sector wage law, the country’s agreement with the International Monetary Fund and Schengen accession.

Romanian Govt Notifies Constitutional Court About Legal Conflict Btw State Institutions

15:05, 15 Nov. 2010
Romania’s Government asked the Constitutional Court in a letter to take note of a legal conflict between the Executive and the Parliament, as the latter refused to debate the no-confidence motion filed by the opposition after the Executive sought lawmakers’ confidence vote on the education bill.

Romanian Govt To Consult Constitutional Court On Education Bill – Sources

14:11, 15 Nov. 2010
Romania's Government will ask the Constitutional Court for an opinion on the procedure through which it may take a vote of confidence on the education bill, people close to the matter told MEDIAFAX on Monday.

EXCLUSIVE: Romania Govt Expects Thousands Of Complaints Over Recalculated Pensions

14:55, 14 Nov. 2010
The Romanian Government has received about 200 complaints over the recalculation of special pensions and expects their number to rise to tens of thousands but will dismiss them all as ungrounded.

Romania PM Says Govt To Make A Top Priority Out Of Infrastructure Next Year

15:48, 13 Nov. 2010
Romanian Prime Minister Emil Boc said Saturday infrastructure works will be a top priority for the Government in 2011 because it is a major resource for economic growth and job creation.

Romanian Govt Cuts Over 600 Jobs In Public Culture System

20:48, 10 Nov. 2010
Romania's Culture Ministry will cut 600 jobs in public culture institutions, as well as one vacant state secretary position in its central apparatus, as per decisions adopted in the Government's Wednesday meeting, said minister Hunor Kelemen.

Romanian Public Servants To Receive Bonuses For Performance Until End Of Year – Govt

19:22, 10 Nov. 2010
Romanian public servants will receive financial bonuses until the end of the year according to performance, after which the unitary wage law will be applied, Government spokeswoman Ioana Muntean said Wednesday.

Romanian Govt Cuts No Of Jobs In Social Health Insurance System By Over 400

20:04, 09 Nov. 2010
Romania's Government has decided to limit the maximum number of jobs in the social health insurance system to 3,281, over 400 positions less than at the moment, arguing for the need to reduce the risk of a major budgetary imbalance and of being unable to pay salaries.

Romanian Govt, IMF Agree On Minimum Wage Ceiling Of RON670

19:21, 09 Nov. 2010
Romania's Government agreed with the International Monetary Fund and European Commission not to raise the minimum wage by more than the rate of inflation of the last two years, or more than 670 lei (EUR1=RON4.2862), state secretary Gheorghe Gherghina announced Tuesday.

Hungarian Minority Party Urges Ruling Democrat Liberals To Find Ways For Adoption Of Education Bill

15:55, 06 Nov. 2010
Marko Bela, leader of the Hungarian minority party UDMR, part of Romania’s ruling coalition, on Saturday said his party expects democrat liberal ruling partners to find ways for the urgent adoption of the education reform bill, otherwise, his party will leave the coalition.

Romanian Govt To Fight Illicit Employment Via Anonymous Notifications

18:05, 05 Nov. 2010
Romania's Government will begin fighting illicit work by enabling "interested people" to report such instances anonymously through mailboxes specially placed in local labor inspectorates, as well as requiring employers to sign individual labor contracts and running checks on more companies.

Romanian President, PM, Deputy PM Discuss Education Bill Issue

12:04, 04 Nov. 2010
Romanian President Traian Basescu, Prime Minister Emil Boc and deputy Prime Minister Marko Bela are in talks Thursday following a Constitutional Court ruling acknowledging a legal conflict on constitutional grounds between the Executive and Parliament over the education bill.

Romanian Govt To Consult Parliament On Education Bill Procedure

15:44, 03 Nov. 2010
Romania’s Government will consult with the Parliament about procedures to pass the education law following a Constitutional Court ruling Wednesday acknowledging a legal conflict on constitutional grounds between the two state powers, said government spokeswoman Ioana Muntean.

Romanian Constitutional Court Notes Legal Conflict Between Parliament, Government

14:04, 03 Nov. 2010
Romania's Constitutional Court said Wednesday that it has taken notice of a legal conflict on constitutional grounds between the Parliament and Government, following the Executive's decision to pull the education bill from the Senate.

Romanian Govt To Allot Funds For Investments In 1H 2011

20:28, 02 Nov. 2010
Romania's Government agreed with its foreign lenders to allot funds for investments in the first half of next year, in order for them to be used more efficiently, Prime Minister Emil Boc told the ministers managing European money, in a meeting of the committee on community funds on Tuesday.

Romanian Govt Might Seek Conf Vote To Pass Public Sector Wage Law

14:53, 02 Nov. 2010
Romania’s Prime Minister Emil Boc said Tuesday the Government might seek a confidence vote in parliament to pass the IMF-required public sector wage law, but a final decision would be made within the ruling coalition.

Romanian PM Pledges To Sell Or Reorganize State-Owned Cos

14:53, 01 Nov. 2010
The Romanian Government will continue the privatization or restructuring of state-owned companies, but will keep majority stakes in strong firms such as gas transporter Transgaz (TGN.RO), Prime Minister Emil Boc said Monday after negotiations with the International Monetary Fund.