Get Adobe Flash player 

Only two-three state companies to receive subsidies in 2010

3 noiembrie 2009

Information in English

Just two-three state companies will receive subsidies in 2010 and subsidies for Metrorex (company operating the subway network in Bucharest) could be cut, according to State secretary with the Ministry of Economy (ME) Tudor Serban.

ME official, who participated on Monday in the talks with the International Monetary Fund (IMF), at the Ministry of Finance, focused on the state companies arrears, said that Metrorex should come up with very clear arguments why it asks for subsidies because the number of transported passengers jumped by 25 percent, to 750,000. In his opinion, Metrorex arguments in support of asking for state subsidies are weak and next year subsidies could be granted only to the National Company of Brown Coal in Petrosani, CFR Infrastrucutre and CFR Passengers.

Serban pointed out that IMF recommended to the Romanian authorities that the subsidies in case of the 10 monitored state companies should be eliminated in the period 2010 through 2013 and requested “graphics and evaluations”.
The State secretary estimated that at least seven of the ten state companies could resist even in the absence of subsidies.

He stressed that during the Monday talks with IMF an eventual wage freeze for the state companies staff was not approached, but the need to stay within the allocated wage funds, as well as the case of subsidized companies confronted with more difficulties.

Serban said that CNH Petrosani has a salary spending deficit of 35 million euros and 600 employees will be made redundant in 2009 and another 1,000 in 2010. ME official also reminded that subsidies to the mining sector dropped by 20 percent as against 2008.
IMF, World Bank and the European Commission delegation is in a mission in Romania till Nov. 9, when the results of negotiations carried out with the Romanian officials will be announced.

 

1 Stea2 Stele3 Stele4 Stele5 Stele (Ne-evaluat încă)
Loading ... Loading ...
Trimite prin email Trimite prin email

Comentează acest articol

*

NOTA: Va rugam sa folositi un limbaj decent in comentariile pe care le lasati. Folosirea de cuvinte obscene, atacuri la persoana autorului (autorilor) materialului, afisarea de anunturi publicitare, precum si jigniri, trivialitati, injurii se vor sanctiona prin cenzurarea partiala a comentariului, stergerea integrala sau chiar interzicerea dreptului de a posta, prin blocarea IP-ului folosit. Site-ul financiarul.ro nu raspunde pentru opiniile postate in rubrica de comentarii, responsabilitatea formularii acestora revine integral autorului comentariului.