News tagged "pension system"
Sources : YahooNews
Romania May Get $486 Million World Bank Payment in January, Rantrua Says
[Dec 14, 2010]
Romania may receive a 360 million- euro ($485 million) loan payment from the World Bank in January if a high court upholds changes to the pension system that include raising the retirement age, the bank?s country manager said.
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Romanian president rejects parliament bill on pension reform
[Oct 07, 2010]
Bucharest - A dispute over plans to reform Romania's pension system deepened Thursday when President Traian Basescu returned a bill passed by parliament, demanding new deliberations.
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Romania top court likely obstacle to International Monetary Fund deal
[Sep 23, 2010]
BUCHAREST, Sept. 23 (Reuters) - Romania's top court is likely to reject a key law to overhaul its inefficient pension system, which could cause market turmoil and force the government to raise taxes to keep a 20 billion euro IMF-led bailout on track.
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Romania Must Pay Debts, Pass Pension Changes to Get Next Payment, IMF Says
[Sep 01, 2010]
Romania must prove it paid overdue debts to private companies and approve changes in its pension system by the end of September to unlock the next installment of its bailout loan, the International Monetary Fund said.
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