Simona Klodnischi
Third-quarter hourly labor cost up 5.68 pct YoY
The hourly cost of labor was 5.68 percent higher in Q3 2020 than in the same quarter of the year before in workday-adjusted terms, and 1.36 percent more compared to the previous quarter, shows data released on Friday by the National Institute of Statistics (INS).
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ParliamentaryElections2020/INTERVIEW/Kelemen Hunor: UDMR supports political government, we had technocratic gov't and it was disastrous
The chairman of the Hungarian Democratic Union of Romania (UDMR), Kelemen Hunor, stated, in an interview granted to AGERPRES, that he supports categorically a political government, because the technocratic one was "disastrous", mentioning that he would like a center-right executive.
Emanuel Gyenes to take on 2021 Dakar Rally
Satu Mare-born biker Emanuel Gyenes will participate in the 2021 Dakar Rally in what will be his eleventh time in this competition. Gyenes seeks to finish on the podium in the Malle Moto class and in the general ranking's top 30, a release informs on Thursday.
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FinMin Citu: Romania's securing international loan is proof that we managed to gain investors' trust
Romania's success in securing a loan from international markets is proof that it managed to gain the trust of investors in a very important year and I hope that the rating agencies take this into consideration, Finance Minister Florin Citu told Radio Guerrilla on Thursday morning.
ParliamentaryElection2020/ PSD leader takes issue with PM Orban's 'no-reshuffle' stance
National leader of the Social Democratic Party (PSD) Marcel Ciolacu said on Wednesday that one of the reasons for his criticism of Prime Minister Ludovic Orban is that he has done no Cabinet reshuffle since November last year.
Official statistics: October's seasonally adjusted unemployment rate picks up to 5.3 pct
Romania's seasonally adjusted unemployment rate was 5.3 percent this October, up 0.2 percentage points from September's rate of 5.1 percent, the National Institute of Statistics (INS) said on Wednesday. The estimated number of unemployed (aged 15-74) in October 2020 was 477,000, up from 455,000 registered in September 2020, as well as from the same month of the previous year (350,000).
PM Orban: We want an administration that is increasingly less under political influence
Prime Minister Ludovic Orban said today that, just like President Klaus Iohannis, he wants an administration that is under as little as possible political influence. "I share the President's clear-cut stance on administration. We want an administration where the political factor has increasingly less influence.
Romania to receive within short first 3 bln euro instalment under SURE financial support instrument
Romania will receive in the coming days a first instalment of 3 billion euros under the European Commission's SURE loan program, Finance Minister Florin Citu announced on his Facebook page. The total loan requested by the Romanian side is 4.1 billion euros, and the money will be used to finance the deficit caused by measures such as furlough or the flexible work schedule, the FinMin states.
UPDATE Iohannis: Romania entered health crisis completely unprepared, PSD the main to blame
Romania entered the health crisis completely unprepared, and the Social Democratic Party (PSD) is the main to blame for this disaster, President Klaus Iohannis told a press briefing at the Cotroceni Palace on Tuesday.
Carpathian Pumas Mali mission - proof of Romanian forces' capability to tackle extremely difficult theaters of operation
Minister of National Defense Nicolae Ionel Ciuca, attending today at the 'Mihail Kogalniceanu' Air Base the homecoming ceremony for the Carpathian Pumas Helicopter Detachment at the end of their Mali mission conducted under the auspices of the UN, said that the Romanian Army has once again proven that it can fulfill complex missions in extremely difficult theaters of operation.