Archive » January 2009 » 29 January 2009 The english news from 29 January 2009
IMF puts pressure on Romania to get it to sign an accord this year
The International Monetary Fund, whose representatives are in Romania on a regular mission, press the government to determine it to sign an accord this year, a move the Cabinet tries to elude, people close to the situation told NewsIn. The meeting between the IMF people and Ministry of Finance is on-going right now…
Largest Romanian company, Petrom, slashes dividends disbursed from 2008 profit
Petrom Bucharest (SNP), the largest Romanian company, has announced it could significantly reduce the dividends disbursed from the 2008 profit because of provisions set aside for employee-filed lawsuits and depreciation of the investments in Russia…
Where will budget revenues come from in 2009?
Forecasts by the International Monetary Fund (IMF) and the Ministry of Finance regarding the evolution of main macroeconomic indicators at the center of talks yesterday, in the first day of an analysis of Romania's macroeconomic situation, have been very similar. While the IMF expects a 2.3 percent economic growth rate in Romania, the Ministry of Finance estimates 2.5 percent, according to sources close to the discussions…
Romanian Govt Drops Move To Cut Central Administration Staff By 20%
The Romanian Government will not reduce the number of the central administration's employees by 20%, said Vasile Marica, head of the public servants' alliance Sex Lex, after the meeting with the Prime Minister and the President on Wednesday. "We agreed that 20% is not realistic, we found solutions to save the jobs and at the meeting with the Prime Minister the President agreed some bonuses must be eliminated to save money," Marica said…