Archive » July 2010 » 16 July 2010 The english news from 16 July 2010

  • Gov't cuts state secretary, sub-prefect posts to save money

    The Government has approved state secretary and sub-prefect position cuts. PM Emil Boc says the current 57 secretary of state jobs in the various ministries will be reduced to 32. The two positions of sub-prefects currently existing at every county prefecture except Bucharest will become one. 'The 57 current secretary of state offices in the ministries, seven of which being vacant, will become 32. I have already signed the orders for dismissal…

  • Mugur Isarescu: Foreign exchange reserve, element of credibility

    Governor of the National Bank Mugur Isarescu on Thursday mentioned again the role of the country's foreign exchange reserve as an element of credibility on foreign markets.Isarescu said once more that in the 90s the National Bank had problems with the level of its international reserve, but after 2000 this reserve increased tremendously. …

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