Archive » May 2009 » 25 May 2009 The english news from 25 May 2009
Romania's largest bank BCR needs 460m lei recapitalization in the next two years, stress tests show
The largest bank by assets in Romania, Banca Comerciala Romana (BCR), needs a 460 million lei recapitalization this year and in the next one, considering the past year financial results, the stress tests applied by the central bank (BNR) show, people from the banking market told NewsIn…
Businesspeople pessimistic about economic rebound
The depreciation of the Leu up to as much as RON 5/E1, over one million unemployed, and total paralysis of Romania's economy are but a few of the forecasts made by employer unions, if the government does not take immediate steps to counter the economic crisis…
Romanian Railway Company To Retire 3,700 Employees - Transports Minister
Romanian Transports Minister Radu Berceanu announced Monday, following talks with union members, the layoff of 3,700 employees of retirement age of national railway company CFR and the cutting of expenses on bonuses, equivalent to sacking 4,000 employees. Gheorghe Popa, leader of the Miscare-Comercial union, said 920 employees will be sacked from CFR Calatori…
10 energy strategy scenarios for the elimination of the wise guys
The drafting of the country's energy strategy was one of the main themes debated during yesterday's Governmental coalition meeting. Thus, the PSD - PD-L coalition is considering 10 energy strategy scenarios, with the proper solution set to be chosen by the end of June or early July, Antena 3 reports. According to Deputy Prime Minister Dan Nica…