bureaucracy

Romanian large private companies hesitate in drawing European funds for investments as the projects’ implementation lasts very long and the market’s needs change rapidly, several investors said Monday during a debate.

The Romanian Government will allow companies to pay the bulk of debts to the state budget, and not just the penalties connected to the debt, and will reduce the number of required monthly fiscal statements, said Romanian Prime Minister Emil Boc.

A 62 year old Romanian patient moved around for four hours between two hospitals in southern Romanian town Slatina died Thursday without receiving any medical treatment.

Romanian National Liberal Party vice president Varujan Vosganian stated that the party enacted a resolution through which it vows to accelerate and complete the program for the reduction of bureaucracy and taxation in 2008.