Archive » August 2010 » 15 August 2010 The english news from 15 August 2010
Romanians are eating and drinking 10 prc less
Over the last 12 months, no fewer than 15,000 of the 170,000 employees that work in the food industry have started receiving unemployment benefits, according to trade unions in the field. "The layoffs resulted from the closing down of certain factories, but also the merger of some production units. The reason is the drop in sales caused by the crisis. On average, units in the food industry have recorded drops in sales of at least 10%", …
What the stupidest economic creation of all times, made up by the Ministry of Finance, looks like
Democratic-Liberal Ionut Popescu, manager of the Fondul Proprietatea and former Minister of Finance (in the Tariceanu 1 Government), is reacting extremely strongly against the decision of the Ministry of Finance imposing that state owned companies donate to the state budget money from the profits of previous years, a decision he qualifies as "the stupidest economic creation of all times".…
Romania's economy again shows signs of recovery
Romania's economy again shows signs of recovery and registered an increase in the second quarter 2010 from the previous quarter for the second time since the beginning of the recession in 2009. The gross domestic product in the second quarter 2010 was, in real terms, by 0.3 percent higher than in the first quarter 2010 (seasonally adjusted data). But when compared with the same quarter in 2009,…