Archive » August 2010 » 22 August 2010 The english news from 22 August 2010

  • Unions: Salaries likely to get back to last year's level in four years' time

    The salary law will be fully amended, with 2009 standard pay being discounted, 2010 revised-down salaries used as benchmark instead, and a special law going to be issued annually in order to set the salary level, Mediafax reports. This means, the level of last year's salaries could be reached in four years at the soonest, unionists claim. The president of the National Trade Union Bloc (BNS)…

  • Banks still pessimistic about lending demand recovery

    Romanian banks are pessimistic about the recovery of lending demand by companies or population, after the second quarter of this year saw more restrictive crediting conditions, except for mortgage loans, according to a survey conducted by the National Bank of Romania (BNR).…

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