BUSINESS

PM Ponta: Management Authority for POS Increase of Competitiveness, re-accredited

Premier Victor Ponta announced yesterday that the management authority for POS Increase of Competitiveness will be re-accredited. The increase of economic competitiveness is among the programmes for which the European Commission proposed financial corrections, as prerequisite for resuming payments. The prime minister also announced that the payment of salaries for November to Oltchim employees will begin this week, so almost all overdue wages will be paid. When he became head of the government, salaries were three months overdue at Oltchim, Mediafax informs, quoting Ponta.

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