measures

Romanian Govt To Present New Measures To Boost Economy – PM

Romanian Prime Minister Emil Boc said Saturday at the inauguration of the Lugoj eastern bypass road, southwestern Romania, that, in September, the Government will put forward a series of measures to uphold the country’s economy.

Romanian President Reiterates Need To Cut Public Spending To Avoid New Loan

Romanian President Traian Basescu said Thursday on public television that Romania might have to take out a new loan in March 2011 if the Government fails to reduce costs with public salaries and pensions.

Romanian Govt, Central Bank To Discuss Economic Relaunch Measures Next Monday

Romania’s Government will meet with central bank official next week on Monday to analyze a plan of measures aiming to restart the economy, Environment Minister Laszlo Borbely told a news conference Monday.

Romanian Opposition Social Democrats Say Head Of State Responsible For Austerity Plan

Romania’s opposition Social Democratic Party head Victor Ponta on Friday said his party has nothing to say to the Government run by Prime Minister Emil Boc, stressing that the recently announced spending cut measures were not taken by the Government, but by President Traian Basescu.

Romania Fin Min: Renegotiation Of Austerity Measures Would Be Wrong

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.

Romania May Be Stuck In Crisis For 2 More Years, Unless Measures Taken – Employers

Romania’s economy may not recover for another one or two years, unless serious measures are taken, said entrepreneur union UGIR-1903 president Ioan Coraci, who proposes backing public or private multiplicative investments and repaying overdue debts to companies.

Romanian PM Reiterates Measures To Uphold Business Environment, No New Elements

Romanian Prime Minister Emil Boc Tuesday presented once again, during a meeting held in Parliament, the measures to uphold the business environment in 2010, that were already announced at the end of 2009 in the government program.

Romanian Govt To Issue Law Allowing Furlough Come Feb 1

The Romanian Government will approve early February a draft law regulating furlough measures to protect employees, starting with February 1, 2010, in a fashion similar to the system applied last year, said Prime Minister Emil Boc, after talks with unions and employers.

Romanian Social Democrat Says Taxes Should Not Be Hiked

Romanian social democrat leader and presidential hopeful Mircea Geoana told a group of foreign investors that the current flat tax has reached its limits but he would not increase taxes in this economic context scarred by the crisis.

EC Brings Romania To ECJ Over Failed Wild Bird Protection Measures

The European Commission decided Thursday to bring Romania before the European Court of Justice for failing, on countless occasions, to provide adequate protection for wild birds, because an insufficient number of protection areas were designated since accession.

Romanian SMEs Ministry Designs “Starter Firm” Law For Youths

Romanian youths aged up to 35, who have never owned a company, will be able to set up a firm with a share capital of 10 lei (EUR1=RON4.2293) and which will be exempt from profit and wage taxes in the first three years, according to an initiative of the Ministry for SMEs.

Romanian Environ Ministry Proposes Car Tax Exemption For The Disabled

Romania’s Environment Ministry proposed further exemptions from car tax payment, as part of anti-crisis measures, which target mobile machinery whose engines comply with pollution norms, and vehicles owned by people with disabilities, even if they do not have driving licenses.

Romanian Railroad Unions Propose 18-Measure Recovery Plan

Romanian railroad unions approached national railroad company CFR with a set of 18 measures for the financial mending of the railroad system and expect a reply sometime next week.

Romanian Democrat Liberals Propose 37 Anti-Crisis Measures

Romanian economy minister Adriean Videanu presented Sunday in a press conference the anti-crisis measures proposed by his party, such as the widening of de minimis aid for small and medium sized companies (SMEs), adding 37 measures have been found and will be discussed in the Government coalition.

Romania’s Ruling Coalition To Set Up Anti-Crisis Committee – Deputy PM

Romania’s deputy prime minister Dan Nica on Monday said the country’s ruling coalition decided to set up a committee, run by social democrat minister for SMEs, Constantin Nita, and democrat liberal economy minister, Adriean Videanu, which will closely analyze social democrats’ anti-crisis measures.

Romanian Social Democrat Official Calls On Govt To Take Urgent Anti-Crisis Measures

Romanian social democrat lawmaker Viorel Hrebenciuc on Sunday said Romania risks facing an economic and social sideslip in the autumn unless the government takes urgent anti-crisis measures to prevent that.

Romanian Employers Present Govt With “Anti-Crisis Decalogue”

Romanian employer representatives set the Government a "Decalogue of Anti-Crisis Measures," stating Romania’s economy is ill and needs "investment transfusions", employer representatives said after the meeting at the Government.

Romania’s CFR Marfa “Recommends” Payless Four-Day Leaves To Staff

Management at the freight division of the Romanian National Railroad Company (CFR) “recommended” to the heads of regional divisions, Saturday, to send TESA staff and all employees not working shifts on four-day payless vacations, which would spell a 20% cut in pay, company sources told MEDIAFAX.

Romania Readies Extra RON100M For Irrigation To Fight Drought

The Romanian government is prepared to allocate additional 100 million lei (EUR1=RON4.1830) to the Agriculture Ministry’s budget to cover irrigation costs over summer, which meteorologists warned might be extremely dry.

Romanian Govt To Approve Swine Flu Prevention Plan Tuesday

The Romanian government will approve swine flu prevention measures in the Cabinet meeting Tuesday and all institutions in charge are already applying EU-recommended measures, interior minister Dan Nica said Monday after a meeting of the National Committee for Emergencies.

Romanian Gov Coalition Discussed Decentralizing Measures In Education, Police, Healthcare, Culture, Sports

Romanian deputy prime minister Dan Nica said Monday leaders of the governing coalition discussed decentralization measures and set a calendar for sectors such as education, police, healthcare, agriculture, culture and sports.

Armed Robbery Sends Banks Looking For Security Upgrades

Romanian banks are considering the possibility to take additional security measures, after the armed robbery of a bank in W Romania, said Romanian Banks Association president Radu Gratian Ghetea.

Romania’s Govt Anti-Crisis Measures To Be Included In Separate Budget Chapter

The anti-crisis measures will be enacted by an emergency ordinance, in order to be enforced immediately, and will be part of a separate budget chapter, not being included in the ministries’ budgets, Cezar Coraci, head of the Employers’ Confederation of the Romanian Industry UGIR-1903, said Friday.

Romania’s New Govt To Work With Ctrl Bk, Employers Unions On Action Plan To Counter Fin Crisis

Romania’s new government will work with the central bank, the Romanian association of banks, employers and unions to come up with an action plan to manage the financial crisis and relaunch private lending.

Transparency International: Romanian Anticorruption Measures Are Insufficient

The Romanian unit of Transparency International sent a series of propositions to Romanian Parliament parties, suggesting the improvement of Government agendas by adding more concrete anticorruption measures. The organization now awaits acknowledgement from the politicians.

Romanian Liberals Discuss Teacher Salary Hike Law Countermeasures

The prorogation of the teacher wage law for several months, through Emergency Government Ordinance, but also taking responsibility in Parliament for a new salary hike law were options considered Monday by liberal leaders in reply to the promulgation of the teacher salary hike law.

Erste CEO Welcomes Romanian Ctrl Bk New Household Lending Rules

The new regulations on household lending proposed by the Romanian central bank are welcome, since there are banks in Romania that act in “an almost reckless” fashion chasing bigger market shares, Erste Bank CEO Andreas Treichl said Wednesday.

Romanian Political Parties, Pres Talk Price Hikes

The representatives of Romanian parliament parties who attended consultations with president Traian Basescu on the price hikes for foods and fuel, presented media with the conclusions of the reunion.

Romanian Labor Costs Will Soon Climb – Romanian PM

Romanian Prime Minister Calin Tariceanu said he is convinced the labor force in Romania will not continue to remain cheap, but several sectors of activity need to be developed, even the research sectors, areas in which Romania needs to become competitive.

Romanian PM Says EU Eco-Measures Must Keep The Industry In Mind

European environment protection legislation needs to impose strict rules, but also to allow the industry to survive, without forcing companies to transfer their activities in areas where there are no eco-regulations, said Romanian prime minister Calin Tariceanu.

Romanian Labor Min Said Labor Force Is Poorly Trained

One of the real problems faced by Romanian employers is the poor training of the labor force, this being caused by the lack of motivation for education and training manifested by youth, said Romanian labor minister Paul Pacuraru.

Romanian Former Astronaut Urges For U.N. Resolution On Possible Asteroid Collision

Romanian former astronaut Dumitru Prunariu endorses the necessity of a U.N. resolution regarding preventive measures for a possible collision between asteroids and the earth.

Romanian Govt To Deploy More Police Officers To Italy, Encourage Voluntary Repatriation

The Romanian government will hike by up to 30 the number of police officers deployed in Italy and will ask for Romania’s attaches to be informed at least 24 hours before of any decision to expel Romanian citizens.

Shoplifting Romanian Boxers Get 10 Year Ban In U.S.

Romania’s general consul in Chicago, Gheorghe Predescu, told MEDIAFAX Monday the three Romanian boxers who tried to shoplift are banned from entering the United States in the following ten years.