Finance, Banking and Economic News - 29 April 2011 -
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Finance, Banking and Economic News
29 April 2011

Page: 1 

PM Boc declared on Thursday night, at Craiova South Romania that many important EU member states started to adopt the austerity measures taken by the government. Boc was present at Craiova to present his motion program with which he stands for a new mandate as President of the Democratic Liberal Party. read more...

Media mogul Sorin Ovidiu Vantu and Ion Ilie Cezar will be temporary arrested for 29 days after the Bucharest Court admitted on Friday the recourse of prosecutors to the decision of District 5 Court to trial the two without their arrest for blackmailing Realitatea TV manager Sebastian Ghita, Romanian news agency Mediafax informs. The decision was officially confirmed by the Bucharest Court. read more...

Romania maintains its objective to join the euro zone in 2015, PM Emil Boc said at the end of a government’s meeting. Boc said that this is the decision of the government following consultations with coalition members, Central Bank Governor Mugur Isarescu and President Traian Basescu. read more...

30,000 state company employees will be laid off, the president of the National Union Block Dumitru Costin declared after a meeting with IMF representatives, Romanian news agency Mediafax reports. He says that he received promises from the delegation that the restructuring will be the main subject on the working agenda with the government. read more...

PM Boc declared on Friday that the government will conduct cost benefit analysis to set the exact number of employees that each state company should have and underlined that these are not charitable companies. read more...

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