Archive » December 2009 » 17 December 2009 The english news from 17 December 2009
To emerge from recession companies must start recruiting
A major criterion for establishing the moment when Romania will emerge from its recession is when private companies once again begin recruiting. This was one of the conclusions drawn by Lucian Anghel, Chief Economist of BCR lender, during the presentation of the institution's latest report…
Romanian Railway Unionists To Sue Transports Ministry Over Layoffs
Romanian railway unionists said they would sue the Transports Ministry and state-owned railway company CFR Marfa because they have not withdrawn the collective layoff plan which would come into effect before the Government decision providing severance pay for some 6,380 employees…
Jeffrey Franks, IMF: Next tranche probably in February 2010
February 2010 is the most realistic date at which Romania can get the third tranche of the loan from the International Monetary Fund (IMF), said Jeffrey Franks, chief of the IMF mission to Romania, on Wednesday. Jeffrey Franks and the team of experts accompanying him on Wednesday had meetings with officials of the National Bank, at the end of which he said that the third tranche would be released in February…
E.ON Romania wants to raise up electricity and natural gas prices by 15 percent
German electricity company E.ON has asked the National Energy Regulation Authority (ANRE) for a 15 percent raise of the price of natural gas and a 12 percent hike of the price of electric energy, in 2010, despite admitting that the demands are unrealistic and that it does not expect them to be approved, Mediafax informs…