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| IN THE NEWS 17/07/2009 |
| (2009-07-17) |
| Last updated: 2009-07-17 17:55 EET |
The Romanian Labour Minister Marian Sarbu has said the number of unemployed people in this country might reach 620,000 by the end of the year. He said Romania, unlike other EU Member States, has large workforce resources in the rural areas. Sarbu said the 6% unemployment rate is on the increase, but the figure is viewed as “good” by his EU counterparts. At the end of last month, Romania had almost 550,000 unemployed people.
The World Bank has launched a new partnership strategy with Romania. The document lays down the conditions informing the activity of this financial institution on the local market in the period 2009 to 2013 and provides for assistance to fight the crisis. Also, the World Bank has approved the first installment of 300 million euros of the loan made by Romania. This funding is part of the foreign support agreement of almost 20 billion euros signed by Bucharest with the International Monetary Fund, the European Commission, the World Bank and the European Bank for Reconstruction and Development.
The European Commission will issue a recommendation next week for Romania and Bulgaria to remain under a special monitoring mechanism after 2009, due to the slow pace of justice reform and the fight against corruption and organized crime. According to the EU Observer, the European Commission will state that the two states will continue to be monitored unless they meet all the commitments they made when they joined the European Union, including the creation of a special agency for integrity, the verification of the dignitaries’ public wealth declarations and ensuring an efficient and transparent legal system.
Romania’s President, Traian Basescu, said during his recent visit to Prague that the new administration in Washington gave every indication that the US policy concerning Romania remains unchanged and that the goal of both states’ is to consolidate their strategic partnership. The Romanian president spoke about the facilities provided to the American army at the military bases in Kogalniceanu and Babadad, in the south east, and the fact that Romania is participating in foreign missions alongside the US. President Basescu also said that Romania is developing an equally strong partnership with France within the European Union. According to the Romanian head of state, the two strategic partnerships are two extremely important pillars of Bucharest’s foreign policy.
Two new cases of swine flu were confirmed in Romania on Friday, which puts the total number of cases at 59. No death has been reported so far in Romania. Swine flu has affected over 100,000 people across the world and has caused the death of 429 according to the latest report by the World Health Organisation.
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