Archive » July 2009 » 06 July 2009 The english news from 06 July 2009
Managers wait six months for jobs with 30% less pay
Experienced manager, looking for a job. I am already waiting for six months. I am willing to be paid 30 percent less compared to my latest job, I am ok with not getting any bonuses and incentives. This is what a job demand announcement by a top or middle manager hit by the crisis wave in Romania…
Finance Ministry grants payment postponement for 56,000 companies
The Ministry of Public Finance (MFP) estimates that approximately 56,000 firms will benefit from payment postponement, and the related fiscal obligations could total about 1.6 billion lei (400 million euros), according to data provided by ministry representatives…
Romania To Pay EUR48M Debt To U.S. Constructor Bechtel In July
Romanian Prime Minister Emil Boc said Sunday the government will pay a EUR48 million debt to U.S. constructor Bechtel in July, for unpaid expenses for works on Transylvania Highway. "These are current expenses that must be brought up to date and we'll bring them back on schedule in July. It's a EUR48 million debt," Boc said.…
Romania to ask IMF to accept a higher deficit for infrastructure expenses, prime-minister says
Premier Emil Boc said he will ask the finance minister to discuss with the representatives of the International Monetary Fund and the European Commission about a higher flexibility with the expenses for infrastructure, as the budget deficit generated by these will not worsen the economic situation…
Eight underground stations have new names as of Saturday
Transport Ministry completed all the details required for contracting a loan amounting to EUR 300 M from JBIC to be used for the construction of the underground line Piata Victoriei - Otopeni Airport…