Archive » August 2009 » 27 August 2009 The english news from 27 August 2009
Pensions and roads to benefit from budget correction
The Ministries of Labor and Transports will be the main winners after this year's second budgetary correction is approved by the government on Saturday. At the same time, additional funds will be allocated to the Ministry of Administration and Interior (to cover arrears electrical plants have to the state budget), to the Ministry of Justice (mainly for the full payment of salary rights by the end of 2009)…
600,000 Romanians - outstanding debts with banks
An increasing number of Romanians is unable to pay their debts to the banks. Thus, the number of those for whom liabilities exceeding 30 days for loans were reported was over 600,000 in June and the cumulated payment delays are RON 1.8 bln worth, Mediafax informs citing the data of Credit Bureau published by BNR…
Romanian Public Sector Has Highest Number Of Employees In Europe - Union Leader
Head of Romania's Trade Union Bloc, Dumitru Costin, said Wednesday that 6% of the country's population is active in the public sector, which places Romania first among European states from this perspective. Costin compared Romania to Belgium, where only 3.5% of the population works in the public sector…
Temporary layoffs "on paper" save companies from firing companies
In order to avoid firing a part of their personnel, an increasing number of local market companies are using a new method of avoiding taxes to the state, namely fictitious temporary unemployment. In this way, some employees are shown on paper as being temporary layoffs, although they do not interrupt their activity, and the company pays far lower taxes…