Romania Finance minister: Salaries of state company employees would not be cut by 25% but would be regulated
May 31, 2010
Salaries of employees in state-controlled company would not be cut by 25% as in the case of public sector employees, Romania's Finance minister Sebastian Vladescu said on Monday. But he said that the government was currently working on a bill to diminish the incomes of employees in state controlled companies.
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German President Horst Kohler resigns
May 31, 2010
German President Horst Kohler announced his resignation on Monday following criticism about his recent comments on the margins of the German deployment in Afghanistan, AFP reports.
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Romanian Foreign minister to visit Washington for talks on missile shield, visa liberalisation and economic cooperation
May 31, 2010
Romania's Foreign minister Teodor Baconschi pays an official visit to Washington on June 1-2, the Ministry announced in a press release on Monday. The visit focuses on talks on the Romanian-American strategic partnership, the missile shield project, visa liberalisation and economic cooperation.
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Labor minister: Should we fail to apply austerity measures we might have to apply new salary cuts of 30 to 70% in 2011
May 31, 2010
Romanian Labor minister Mihai Seitan said on Monday that the authorities were trying to find a way so that by 2011 public sector salaries return to the level before the cuts announced these days, but with a lower number of budget sector employees. He said that such a move would be possible only if payrolls are diminished in all budget sector structures by the end of 2010. In case of failure, new salary cuts of 30 to 70% may have to be applied in 2011, he said.
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Italy: driving insurance more expensive for Romanians and Moroccans due to ethnic risk
May 31, 2010
A series of Italian insurance companies apply higher tariffs for compulsory civilian responsibility driving insurances in the case of Moroccan and Romanian migrants and the final price may be higher than the average by 250 euro, according to La Repubblica.
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