13:50, 26.09.2008 Romanian Labor Law Old, Rigid, Needs Amendment - Ctrl Bk Gov

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BUCHAREST / 13:50, 26.09.2008 Romaniaa€™s central bank governor Mugur Isarescu says an amendment of the labor law is necessary, adding it is old and rigid and was created to cope with the periods when Romania had confronted a high unemployment rate."All employers are complaining about the lack of workforce.

There are situations of blockage in the economic development and I believe one of the areas where the structural reform should accelerate is the labor law," Isarescu said.The governor said...

Read the whole story in: Mediafax