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| MEDIA HEADLINES 19/03/2010 |
| (2010-03-19) |
| Last updated: 2010-03-22 13:41 EET |
“Governments with their backs against the wall”, headlines the daily business paper Bursa, which accuses “governments everywhere” of holding back recovery from the economic crisis, through incoherent or merely cosmetic measures. The executive in Bucharest is no exception, political analysts say. Ordinary people and companies, however, are trying to survive on their own, sometimes even moving abroad. “Thousands of jobs abroad for Romanians”, writes the daily paper Evenimentul Zilei, regarding the two job fairs held in Bucharest in March. These are offering 3,000 jobs for doctors in Europe and the Middle or Far East and 200 places for students hoping to land summer jobs in hotels in Greece and Cyprus.
Meanwhile, writes the daily Adevarul, against the background of the economic recession at home, the Romanians’ flight to Spain and Italy continues. According to the newspaper, they have “chosen the crisis abroad over the crisis at home”, since there are still more opportunities than in their native country. Even if they remain unemployed, they choose to survive on unemployment benefits because they are significantly higher than the average salary in Romania. Moreover, the number of emigrants is constantly growing. In 2009, the year when the crisis peaked, some 800,000 Romanians were registered officially in Spain and almost 1 million in Italy, tens of thousands more than in 2008.
The money sent to relatives back home reached a record 543 million dollars in January alone, according to reports by the National Bank in Bucharest, quoted by the newspaper Adevarul. Relocation is not just an option for individuals, but also for companies. “Home is where it’s cheap”, headlines the daily newspaper Gandul. For many years the Romanian textile industry was based almost exclusively on the lohn system, whereby famous brands from France, Spain and Italy employed Romanian textile workers due to the reduced costs involved.
These Romanian textile companies are now on the verge of bankruptcy because these foreign brands are relocating. “A Romanian textile worker charges 200 euros. An Egyptian charges only 100”, explains Gandul in an article covering the relocation of the famous trouser manufacturer Secuiana from central Romania, the biggest in Romania and one of the biggest in Europe. Gandul notes that the Secuiana manager does not rule out the possibility of moving the entire production facility to Africa.
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