Archive » August 2009 » 23 August 2009 The english news from 23 August 2009

  • BCR: up to 160,000 unemployed in 2010

    The unemployment rate shall advance in 2010 to 9 per cent from 7.4 per cent expected at the end of this year, with 150,000 - 160,000 persons losing their jobs, most of them from the public sector, according to the analysts of Banca Comerciala Romana (BCR), cited by Mediafax…

  • Romania Needs To Uphold Investments To Overcome Crisis

    Romanian President Traian Basescu said Saturday that the country has the capacity to exit fast from the crisis and it needs to do so by stimulating investments in agriculture and infrastructure. Basescu said the country's goal must be to reduce the effects of the crisi…

  • CFR Marfa to lay off half of its staff - 9,000 people

    The largest number of employees laid off by the CFR national railway company will be fired from the CFR Marfa company, with nearly half of the latter's employees, some 9,000 people, most likely to leave in the coming six months. CFR Marfa, which is preparing for its privatization next year, must balance its revenue and expense budget…

  • Romania passes last stage necessary to accessing European funds

    Romania has passed the last stage necessary to the accessing of the European funds, but there still is much and difficult work, said, on Friday, head of the Department for European Affairs, minister Vasile Puscas. 'In point of the institutions, Romania has fully passed the last mandatory stage for attesting the capacity of management of the structural funds…

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