The governing coalition is preparing an emergency ordinance to support the employees of the companies targeted by the sanctions against Russia, the Minister of Labor and Social Solidarity, Marius Budai, declared on Wednesday, at the end of the Government meeting."We are preparing an emergency ordinance at the coalition level that will have provisions for furlough. We have already convened a social dialogue committee at the Ministry of Labor strictly for this matter. It seems that there are solutions and I introduced an article in the emergency ordinance for furlough with a certain derogation. So there are solutions, as we have identified, for the payment of unemployment, there will certainly be solutions for salaries. When the social dialogue committee is over, you will certainly receive information. There are solutions, people should not panic. This ordinance is on the agenda of the coalition meeting and I hope that if not Friday, then I hope next week we will have it in the Government. I proposed this ordinance to the coalition because there is this danger of closing production capacities due to the crisis in Ukraine, Russia and Belarus," said Marius Budai.On the other hand, the Minister of Labor stressed that it is out of the question for pensions to decrease next year, after the entry into force of the increase to 4.75% of the percentage transferred to Pension Pillar II.At the same time, the Minister of Labor specified that he does not support the proposal to reduce the social security contributions by 5%."I do not support it. Because that transfer to Pillar II will deprive Pillar I with a certain amount, and I do not think it is time to skim Pension Pillar I any further. (...) I re-discussed with the unions, the three that have called me so far, informed me that they do not support the reduction of CAS, motivated by the current economic situation and the removal of a sum of money from Pillar I," added Marius Budai.
The second stage of the international Grand Chess Tour, one of the most important chess tournaments in the world, will take place in Bucharest from May 7 to May 16. The first stage of will take place in Warsaw, Poland. However, the event’s opening will take place on May 6. In addition to these two, […]
Voxxed Days Bucharest 2025 concluded the 2025 edition on 27th March, after two days of successful workshops and conferences. "I'm grateful we managed to bring together 300 developers and tech team leaders again this year, in a conference dedicated to a passionate developer community. It was a significantly bigger effort than in previous years, given […]
Romania’s civil shelters, which are to be used to protect people in the event of armed conflict, are few, unsanitary, and largely obsolete in terms of equipment, according to a report by the Court of Accounts. The audit conducted by the Court of Accounts on the situation of civil...
The organizers of music festivals Untold and Neversea have signed an agreement with the Bucharest City Hall to organize a "mega-festival" in the capital this year. The large-scale project is set for a pilot edition this year, with plans to have it "grow year by year." It will take place at Arena Naţională. The talks […]
Around 61% of Romanians say they have been the target of online fraud attempts, the most common consequences being the infection of the device with malware or viruses (42%) and the loss of money (30%), according to the latest study conducted by Reveal Marketing Research. Of those who have been targeted, 39% have experienced such […]
Showpad, active in AI-driven revenue enablement technology, announced the official launch of its Research and Development center in Bucharest. With headquarters in Ghent (Belgium) and Chicago (US), Showpad is "strategically positioning its new R&D center to tap into the rich talent pool and burgeoning technology ecosystem of Romania." It also underscores Showpad's dedication to accelerating […]
