Archive » September 2009 » 14 September 2009 The english news from 14 September 2009
ZEW & Erste Bank: Romania's economy in a recovery process
Romania's economy shall enter a recovery process some time in the next six months in spite of the fact that the current business context is among the most difficult ones in Central and Eastern Europe, based on the outcomes of an opinion polls conducted by the German institute ZEW and by Erste Bank, Mediafax informs…
Energy, cement and beer to measure the economy
Albeit delayed and with a significant margin for error, the evolution of gross domestic product (GDP), the unemployment rate, the speed of lending, or the price of homes indicate how Romania has been hit by the recession. But in order to know what is happening on a daily basis and to make forecasts…
Romania Limits Individual Bonuses To 30% Of Basic Wage For Public Sector Staff
The amount of individual bonuses and indemnities will not exceed 30% of the basic salaries for each employee in the public sector, but the Romanian Government can approve potential hikes for certain categories of employees and for temporary work conditions that entail additional payments…