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Romanian Govt Approves IMF Letter, Pledging More Layoffs, Spending Cuts

Romania's Government has pledged to continue layoffs in the public sector in 2011, implement tax cuts only if the economy recovers and lower social security expenses.

IMF Imposed No Conditions On Parental Leave In Romania – Official

The International Monetary Fund imposed no conditions regarding parental leave in Romania as part of the loan agreement and decisions to reduce parental leave were made by the Government, IMF official Jeffrey Franks said in a letter Thursday.

Romanian Opposition Urges President To Hold Referendum On Govt’s Austerity Plan

Romania’s opposition Social Democratic Party on Monday sent an open letter to President Traian Basescu urging him to hold a referendum and see if Romanians agree with the Government’s austerity plan that cuts wages, pensions and jobless benefits.

Romanian Unionists To Lobby Against Adoption Of IMF Letter In Parliament

Romanian Cartel Alfa union federation leader Bogdan Hossu said Thursday, after talks at the Finance Ministry, that there is no hope of the cost-cutting measures included in the letter of intent with the IMF will be altered, adding unionists will lobby against the letter’s adoption in Parliament.

Romania’s Additional Letter To IMF Deal Won’t Bring Radical Changes – Official

The additional letter to Romania’s EUR13 billion standby agreement with the International Monetary Fund will include certain modifications to the program, though nothing “radical”, IMF mission chief Jeffrey Franks said Thursday.

Romanian Parliament To Set Responsibility Assumption Calendar Monday

The Romanian Government’s letter regarding its decision to assume responsibility for three packs of laws reached Parliament and the reunited Standing Offices of the legislative power will meet Monday to set up a calendar for the procedure.

Romania Pledges ‘Drastic’ Spending Cuts By Yearend

The Romanian government has pledged “drastic” spending cuts on goods and services in the public sector, by 0.5% of the gross domestic product, according to the additional letter to a EUR12.95 billion standby agreement with the International Monetary Fund.

Market Sensitive Indicators In The IMF Agreement Won’t Be Published – Romanian Ctrl Bk Gov

The market sensitive indicators in Romania's agreement with the International Monetary Fund will not be published, as in all the agreements there are included such indicators that may distort the markets, Romanian central bank governor Mugur Isarescu said Thursday.

Romania Receives Letter Approving IMF Loan

The International Monetary Fund sent Wednesday evening the letter approving Romania’s foreign loan request, finance minister Gheorghe Pogea told MEDIAFAX early Thursday.

Romanian Foreign Affairs Min Prompted To Protect Romanian Citizens In Italy

Several Romanian NGOs sent an open letter to foreign affairs minister Cristian Diaconescu asking him to notify the Council of the European Union on the "serious violations of European legislation committed by the Italian state."

Romanian Children Attempt To Write Longest Letter To Santa

Over one thousand school children aged 8 to 14 in Brasov county, central Romania, started writing Monday what they hope will be the longest letter to Santa Claus.

EU Warns Romania Over Discriminatory Dividend Taxation

The European Commission on Tuesday sent a letter of formal notice to Romania about its tax rules, under which dividends paid to foreign companies (outbound dividends) may be taxed more heavily than dividends paid to domestic companies (domestic dividends).

Romanian Teachers Say No Gift Vouchers For Easter Spells Religious Discrimination

Unions of teachers in Romania’s capital city Bucharest sent an open letter to Prime Minister Calin Tariceanu Wednesday saying the ban on granting gift vouchers creates discrimination on religious criteria.

Romanian Pres Rejects PM Proposition For Justice Min

Romanian president Traian Basescu wrote a letter to Prime Minister Calin Popescu Tariceanu asking him to stop proposing Norica Nicolai as justice minister, since her negative image in the public eye will not hike the people’s confidence in justice.

Romanian PM Did Not Honor Pres Request

Romanian Prime Minister Calin Popescu Tariceanu did not honor the request of president Traian Basescu regarding the dismissal of ministers Chiuariu and Pacuraru, feeling that the head of state has constitutional procedures for such cases, sources within Tariceanu’s office told MEDIAFAX.

Romanian Pres Asked PM To Dismiss Two Mins

Romanian president Traian Basescu asked Prime Minister Calin Popescu tariceanu, in a letter dated November 29, to immediately dismiss justice minister Tudor Chiuariu and labor minister Paul Pacuraru, for whom there was a request for criminal investigation.

Romania Informs EC On Progress In Agriculture Payments System

The Romanian Ministry of Agriculture on Thursday sent a report to the European Commission on the progresses in the country’s agricultural payments system, to avoid sanctions from Brussels.