Finance, Banking and Economic News - 3 November 2011 - financiare.ro
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Finance, Banking and Economic News
3 November 2011



Page: 1 

Romania’s Chamber of Deputies on Thursday failed to secure the necessary quorum to debate and vote on a bill that allows secret services to conduct criminal investigations and the bill was adopted tacitly. read more...


The companies under the Romanian Economy Ministry's authority and monitored by the IMF have reduced their arrears, cut their personnel expenses by 4.5% and posted 50% lower losses in the first nine months of the year. read more...


Romanian President Traian Basescu said Thursday, after a meeting with the IMF, World Bank and European Commission delegation, that next year's budget will be built on a deficit of 1.9% of the GDP in cash terms, which can be increased up to 2.5% later in the year. read more...


The employees laid off from Nokia's plant in Romania will receive severance pay, as well re-employment counseling, training and development packages and support for entrepreneurs, the company announced Thursday evening. read more...



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