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

Page: 1 

Nokia’s plant in Jucu, Romania, will stay open until the end of the year and employees will continue to receive wages until the end of March 2012, employees were told Thursday after the Finnish cell-phone maker announced it was shutting down its Romanian operations. read more...

Romanian residents may not drive cars registered in other states for periods longer than 90 days, or for more than three months per year, says a draft act amending the law regarding traffic on public roads, up for debate on the Interior Ministry's website. read more...

Romania on Thursday received a reasoned opinion from the European Commission, the second stage of an infringement procedure over the country’s failure to transpose EU rules on waste management into national legislation. read more...

Romania's Government has called a meeting for Thursday evening to discuss mobile phone manufacturer Nokia's decision to close its plant in Jucu, Cluj county, people close to the matter told Mediafax. read more...

The International Monetary Fund Thursday completed the second review of Romania’s economic performance under a EUR3.5 billion precautionary loan agreement, enabling the disbursement of a new EUR480 million tranche. read more...

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