Archive » September 2009 » 07 September 2009 The english news from 07 September 2009

  • Ghetea: Banks have no interest in foreclosing mortgages

    Financial institutions prefer to allow debtors to restructure and reschedule loans rather than foreclose mortgages, because they would end up losing, on the one hand, and would be forced to continue "hunting" debtors, on the other hand, the President of CEC Bank and of the Romanian Banking Association (ARB), Radu Ghetea, told Business Standard…

  • Romania Sends Unitary Pay Law To IMF, WB For Consultations

    The Romanian government sent the draft unitary pay law to the International Monetary Fund and the World Bank for consultation and Prime Minister Emil Boc and cabinet members will have a final talk on Sunday on all the laws for which the government will take responsibility before Parliament…

  • INS: Net average salary advanced in July by RON 11

    The net average earning advanced in July by RON 11 or by 0.8 per cent to RON 1390, the highest value, RON 3,400 being reported for air transport activities, and the lowest one, in wood processing, where it amounted to RON 807. This development was due to the payment of holiday bonuses, in kind rights and money aid from salary fund…

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