Archive » August 2009 » 14 August 2009 The english news from 14 August 2009
One year of recession and the future remains uncertain
A 7.6 percent economic decline in the first six months, a budget deficit fixed at 7.3 percent of gross domestic product (GDP), a 6.3 percent unemployment rate at the end of July, the latter reported by the National Employment Agency (ANOFM)…
"Crisis children" save their parents' jobs
Employers are facing an increasing number of parents who are applying for time off to raise their children. In some companies, the two-year maternity leave has risen by 50 percent compared to last year, according to data gathered by Business Standard from the market…
Romania's Unitary Pay Law Won't Bring Wage Cuts - State Secretary
Restructuring Romania's public sector in 2010 will increase the wages of those that will remain in the system, adding that current wages will not be lowered after the unitary pay law is enforced, said Valentin Mocanu, state secretary with the Romania's Labor Ministry…
Profit up 77 pc in time of crisis for ING Bank Romania
The performances of the institution were determined by the growth of the number of individual clients to 826,000 in the first half 2009 and the growth of the number of clients small and medium sized enterprises to 12,191. ING Bank Romania registered a gross profit of RON 114 M in the first half 2009, up 77 per cent vs. the same period of 2008, according to the data announced by the bank in a press release…