Simona Klodnischi

Labor Minister: Time bomb ticking in Romanian pension system - deficit at 16.7 bln lei

Minister of Labor and Social Protection Raluca Turcan says that there is a "time bomb" ticking in the Romanian pension system, which is currently running a deficit of 16.7 billion lei, and that there is the risk that the purchasing power of the average pension will very much erode in the future. "There is a serious amount of disinformation circulating in the public space (...).

Deputy PM Barna: New pension law in the works to correlate retirement age with life expectancy

Deputy Prime Minister and USR PLUS Co-chairman Dan Barna said that a new pension law is in the works at the Labor Ministry, as the system requires certain changes in order to remain "sustainable" and cope with enhanced pressure as Romania's baby-boom generation born between the mid-60s and the early '70s is heading towards retirement age. "It is a firm commitment of the current coalition.

Parliament ratifies Council Decision amending EURATOM Treaty

The joint Parliament plenum adopted today by a vote of 378 to 2 and three abstentions the bill on the ratification of the Council Decision amending the EURATOM Treaty. The scope of the bill is the ratification of Council Decision (EU, EURATOM) 2020/2053 of 14 December 2020 on the system of own resources of the European Union and repealing Decision 2014/335/EU, Euratom, adopted in Brussels.

Barometer: Almost two thirds of Romanian managers confident economy is headed in right direction

 Almost two thirds (62 percent) of Romanian managers are optimistic about the future of the economy and believe that Romania is headed in the right direction, reveals the most recent Sierra Quadrant barometer released on Friday. However, 71 percent of the surveyed businesspeople estimate that the Romanian economy will effectively be out of the crisis only in the second half of next year.

Romanian Valentin Serban wins 1st Prize at George Enescu International Violin Competition

Romanian violinist Valentin Serban won the First Prize of the George Enescu International Music Competition - Violin section, having performed in the final Jan Sibelius' Violin Concerto in D minor, Op. 47, accompanied by the George Enescu Philharmonic Orchestra led by well-known conductor Wilson Hermanto.

Ombudsman report finds police numbers insufficient, training issues

Police numbers are "insufficient" and there are issues with police personnel training, Ombudsperson Renate Weber declared on Wednesday on the occasion of the release of the institution's special report on the Romanian Police General Inspectorate's personnel deficit and its logistic equipment.

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