The government will approve the granting of a monthly allowance similar to the one paid during the pandemic period, respectively 75 pct of the basic salary, for the employees of the companies where the activity is ceased, Prime Minister Nicolae Ciuca said on Wednesday, at the beginning of the Cabinet meeting."Given the impact of the current crisis and, in particular, the current crisis of electricity and gas prices, as well as that of the effects generated by the war in Ukraine, we will adopt a piece of legislation by which we will continue to protect the economy and jobs. And thus, for the companies where the activity is ceased, we will ensure a monthly allowance similar to the one paid during the pandemic, respectively 75 pct of the basic salary," Ciuca said.The draft announced by the prime minister aims to establish social protection measures for the employees affected in the context of the current crisis in Ukraine, the Russian Federation and Belarus.The 75 pct allowance will be granted to the employees who have the individual employment contracts temporarily suspended from the employers' initiative, from the date of entry into force of the emergency ordinance and until 31 December 2022.
Former US first lady Michelle Obama, the wife of Barack Obama, was in Bucharest on Thursday, September 18, to serve as the main guest at the second edition of the Impact Bucharest series of conferences. The former first lady spent about an hour in front of a large audience, speaking about her childhood in a […]
Czech president Petr Pavel spent a few days in Romania at the beginning of September while on holiday. According to statement by the Romanian Embassy in Prague, the Czech leader traveled mountain routes by motorcycle and chose modest accommodations. Pavel tried to see as much of what Romania had to offer. He planned his routes, […]
Romania is taking tangible action toward its green transition through sustainable infrastructure projects, public‑private partnerships and green bonds. Experts, government officials and business leaders have gathered today at the CES Bucharest ESG Conference, to present progress and identify solutions through which the public and private sectors can collaborate to build a sustainable and competitive economy. […]
Prime minister Ilie Bolojan announced that he will visit Brussels next week to talk to three European commissioners about deficits, defense, and EU financing. The first meeting will be with the commissioner for economy, Valdis Dombrovskis, as Romania “must adjust the issues related to deficits to be a trustworthy country, so as not to continue […]
A large majority of Romanians, namely 85%, have heard of celebrated composer George Enescu, according to the third edition of the Informat.ro – INSCOP Research Barometer conducted earlier this month. However, the survey shows a slight decline in cultural awareness compared to 2013, particularly among younger generations. The
The volume of trade between Romania and China was almost USD 9.3 billion in 2024, according to official statistics. Trade between the two, however, is not balanced. Romania registered a USD 7.7 billion deficit with China, and a USD 2.1 billion deficit in the first quarter of 2025 as well. The People’s Republic of China […]
