Archive » February 2009 » 02 February 2009 The english news from 02 February 2009

  • UK inspectors 'quietly sack' 200 Romanian Olympic site workers

    Two hundred Romanian construction workers who were helping to build the 2012 Olympic Park have been "quietly sacked" in the past two months during a clampdown on illegal foreign labour, it has been alleged by a senior source. They were claiming to be self-employed to circumvent restrictions on employing foreign labour, but inspectors from the UK Borders Agency ruled that they were actually full-time employees of construction firms …

  • Romania seen cutting rates as GDP slows, CPI steady

    Romania's central bank is expected to cut interest rates for the first time in 19 months on Wednesday to protect the strained economy, with analysts nearly halving their 2009 growth forecasts over the last month. Storm clouds have begun gathering over Romania in recent weeks, even though it largely escaped economic pain last year, as major companies such as ArcelorMittal and Renault's carmaker Dacia announce repeated work stoppages…

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