Results 151 - 175 from 255 for "public"
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Treasury Chief Says New Debt Management Plan To Cap Annual Cost Of Public Debt Service
05.23.2012
Updating Romania’s public debt management strategy, with an emphasis on limiting the annual rates and interests as share of the gross domestic product, stimulating authorized primary dealers to more
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Romania's Public Debt Nears 40% Of GDP
05.22.2012
Romania’s public debt is approaching its sustainability limit, 40% of GDP, the maximum level accepted by investors. At the price of creating a liquidity buffer, the growth of the public debt was more
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Romania Ups 2012 Public Debt Forecast To 34.2% Of GDP
05.14.2012
The Romanian government revised upward its forecast on the public debt to 34.2% of the gross domestic product, from 33.9% of GDP previously, according to the country’s latest convergence program more
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Three Passengers Injured Seriously, 34 Suffered Trauma, Fractures In Bucharest Tram Accident
05.10.2012
Three people, including a tram conductor, have suffered serious injuries and 34 others suffered trauma and fractures in the accident that involved the collision of four trams Thursday morning in more
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Ponta Reiterates Second Public Wage Raise Will Be In December
05.09.2012
Romanian Prime Minister Victor Ponta reiterated Wednesday that a second raise in public wages will be granted as of December, after IMF mission head Jeffrey Franks said wages would be fully restored more
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Lower House Grants Tax Amnesty To Public Servants Forced To Return Bonuses
05.08.2012
Romania's Chamber of Deputies on Tuesday adopted a bill granting tax amnesty to around 300,000 public sector employees obliged to give back bonuses received in 2008-2010. more
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New Government To Free Up EUR400M For Consumer Spending And Drive Deficit To 2.2% Of GDP
05.07.2012
The gradual restoration of public sector wages and paying back health insurance contributions collected from pensioners could have a negative impact of about 1.7 billion lei (about EUR400 million), more
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Basescu “Unreservedly” Backs Restoring Public Wage To Pre-Austerity Levels
05.06.2012
Romanian President Traian Basescu told a news conference Sunday he unreservedly supports restoring public wages to pre-austerity levels. more
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IMF, EU To Allow Romania To Raise Public Wages 8% As Of June
05.06.2012
The International Monetary Fund and European Commission have accepted Romanian authorities’ plans to restore public wages to pre-austerity levels gradually, with a first raise, of 8%, to take place more
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Politicians Play Ping Pong With Public Sector Workers’ Wage Raises
05.04.2012
High officials are tossing the issue of increasing public sector wages back and forth, while the Romanian currency is depreciating and rating agencies warn that a prospective increase in the budget more
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2,000 People Fight Over Jobs In The Government
05.02.2012
20 ministers, 200 ministers’ advisors, 300 secretaries of state and advisors, 1,500 heads of local public institutions make up an army of people looking for the advantages of high office. more
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PM-Designate Victor Ponta Wants To Boost Wages And The Deficit Target Agreed With The IMF
05.01.2012
Prime Minister-designate Victor Ponta said, after the “informal” talk with the joint delegation of the International Monetary Fund, the European Commission and the World Bank, that there are more
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Public Radio Leased 32 Cars For EUR420,000
04.30.2012
Romania's public radio company SRR has leased 32 cars through a contract worth around EUR420,000 with Premium Leasing SRL, a member of the Tiriac Group, controlled by Ion Tiriac. more
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Budget Deficit Target Already Under Threat As Public Debt Is Rising Fast
04.25.2012
Romania's budget deficit in the first two months was the same as in 2011, while public debt continued to rise fast because of the Finance Ministry's policy to borrow aggressively from markets for fear more
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Local Administration’s Debt Doubles In Three Years To EUR3B
04.24.2012
From next to zero ten years ago, the debt of the public administration has reached 13.7 billion lei (EUR3 billion), practically doubling in 3-4 years’ time. This deepens the public debt, which more
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Alpine Changes Focus From Private To Public Projects
04.24.2012
Alpine Romania, the local subsidiary of Austrian construction group Alpine, which built one of the most expensive office projects in Romania, Petrom City, has in the past year changed its focus to the more
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Battle Starts Over EUR40B Stake Of Local Administration Spending
04.23.2012
The annual spending of the local administration amounts to EUR10 billion, which means EUR40 billion in the four-years term in office of the administration - this is the huge stake of the June 10 local more
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Government Informs EU Of Plan To Raise Public Sector Wages This Year
04.19.2012
Romania's Government has informed the European Commission that it will raise public sector salaries this year to their level before the cuts in 2010, leading to a slight increase in personnel more
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Freeze On Public Sector Hiring Kept Into Next Year, But Made More Flexible
04.19.2012
Romania's Government will continue to downsize the public sector, by hiring only one person for each seven vacant positions, but will allow a certain amount of flexibility in order to prevent more
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Transelectrica's Shares In High Demand. Public Offering Was Oversubscribed
03.27.2012
Bids in the secondary public offering of Romanian power grid operator Transelectrica (TEL.RO) passed the 100% mark Tuesday, so that the government will sell the entire 15% stake in the company put up more
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Nearly 50% Of Romania Transelectrica SPO Subscribed In 8 Days
03.23.2012
Investors subscribed Friday a little over a third of the 15% stake Romania is offering in state-run power grid operator Transelectrica (TEL.RO), bringing the total stock sold to around 7%. more
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One In Four Public Sector Employees Works In A Ministry
03.20.2012
Almost 300,000 of the 1.2 million Romanian public sector employees work in one of the 17 ministries, and most of them are employees of the Interior Ministry (134,000), the Defense Ministry (77,000) more
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Three Quarters Of Public Job Cuts Done By Retirement
03.16.2012
Three out of four public sector employees “laid off” over the last three years actually went into retirement. That is how Romania managed to get to 1.2 million employees in this sector, as the more
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Transelectrica Boss Looking For Purchase In Secondary Public Offering
03.14.2012
The general manager of state-owned power grid operator Transelectrica (TEL.RO), Octavian Logan, on Wednesday said he and some of the company’s employees are interested in buying shares during the more
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What Businesspeople Have To Say About Raising Public Sector Wages
03.14.2012
Businesspeople, who should be the direct beneficiaries of the public sector wage increase, are not convinced this will boost consumption, as the government expects. This is because part of the more