Romanian Prime Minister Emil Boc said on Wednesday (May 26th) that his government has no intention of giving up its austerity measures, despite public opposition and a confidence vote planned for next week. The measures envision slashing public sector wages by 25% and reducing pensions by 15%. The decision to proceed …
Read More »Romania President on official visit to Macedonia
Romanian President Traian Basescu is on an official visit to Skopje today, where he is meeting with his Macedonian counterpart George Ivanov. Speaking at a joint press conference with Ivanov in the Macedonian capital, Basescu said that Bucharest would accept any solution on the name issue that is reached between …
Read More »Romania to Move Forward with Spending Cuts
Romania’s government is set to enforce drastic cuts in pensions and wages in its state sector as of June, but the measures will not affect those in real need, the country’s Prime Minister Emil Boc said on Wednesday.
Read More »Romania to Adopt IMF Agreement Despite Protest
Romania’s government is to adopt the letter of intent to the loan agreement with the International Monetary Fund next week after finishing scheduled negotiations with unions and employers. Despite public pressure, the government will not give up the planned reductions of salaries and pensions, though it noted that reductions of …
Read More »Moldovan-Romanian commission for economic cooperation will convene in Chisinau next week
The fifth session of the Moldovan-Romanian intergovernmental commission for economic cooperation and European integration will take place in Chisinau on May 24 and 25.
Read More »20,000 Romanian public workers protest wage cuts
Some 20,000 public workers today gathered in the Romanian capital to protest planned government wage cuts meant to shore up the country’s ailing economy. Public workers, teachers, doctors and retirees protested outside the government offices in downtown Bucharest. The two-hour protest blocked traffic in the city center.
Read More »Romania set for mass protest
Romanian authorities closed off parts of central Bucharest today, preparing for protests against drastic spending cuts which unions say could attract up to 60,000 demonstrators. It marks the first serious test of the six-month-old centrist government’s determination to force through austerity measures vital to securing more international aid for its …
Read More »Romanian unions reject austerity plan
Labour unions on Monday (May 17th) rejected a government plan that envisions cutting salaries in the public sector by 25%, and pensions by 15%. During a meeting with government officials and business representatives, unions called for a compromise, warning that without one, about 40,000 workers will stage a general strike …
Read More »Moscova reactiveaza la Kiev federalizarea Republicii Moldova
Declaratia comuna a presedintilor rus si ucrainean reactiveaza prin termenii folositi planul de federalizare a Republicii Moldova. Conform unimedia.md in declaratia comuna a presedintilor Dmitri Medvedev si Viktor Ianukovici se afirma ca Moldova si regiunea transnistreana trebuie sa fie o singura tara, cu armata si zona economica unica – exact …
Read More »Romanian Unions Warn of Huge Protests
Thousands of people are expected to protest in Bucharest on Wednesday against the austerity measures announced by the Romanian government. “It will be the greatest protest so far,” trade unionist leader Bogdan Hossu said, adding that “after almost ten days of demonstrations, the government has to take a closer look …
Read More »