Finance, Banking and Economic News 27 June 2011
Unemployment rate, according to the International Labour Office was 7.6% in the first quarter of the year compared to the 7.3% registered in the previous quarter but it registered a decrease compared to the 2010 first quarter when unemployment was 8.1%, the National Statistics Institute reads. The highest unemployment rate, of 23.6% was registered among young people ages 15 to 24. read more...
IMF board will hold on Monday the first evaluation meeting of the new stand by agreement with Romania according to the program released by the institution, news agency Agerpres reads. read more...
President Basescu addresses the Parliament on matters of internal politics, news agency Agerpres informs. The chief of state said that he believed it was necessary to address the Parliament to underline some o the elements proposed for the revision of the Constitution. read more...
The abdication of King Michael was a tragic episode in our history, Romania’s Foreign Affairs minister Teodor Baconschi said in a Hotnews.ro – RFI talk show with Dan Tapalaga. Baconschi said that any historical evaluation should normally be done in an urban climate. read more...
Google launched on Monday in Romania the Map Navigation service, a free application that works on all cells with a GPS chip and Android operating system. The new service will be available on all cells that have versions from 1.6 to 2.3 and will use the internet connection of smartphones to download the latest maps. read more...
Streets filled up with garbage, garbage blocks on main roads, lack of hot running water, lack of sewages – this is how Bucharest looks like according to VerticalNews.com quoted by Tourism-review.com. Bucharest was voted the ugliest EU city capital. There are no paved streets, drinking tap water, sewages and in some places in Bucharest it feels like the Middle Ages. There are houses with clean tap water but they have no sewage. read more...
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