government

Romanian State Cos Might Be Again Forced To Transfer 90% Of Profit To State Budget

The Romanian Government wants to force state companies and autonomous departments again to transfer 90% of their profit to the state budget, people close to the matter told MEDIAFAX Thursday.

Romanian Govt Wants To Allot Redirected EU Funds To Develop High-Power Laser

The Romanian Government’s priorities in allotting redirected EU funds are the development in Magurele, southern Romania, of a high-power laser of over EUR200 million, the projects regarding the thermal rehabilitation of homes and road upgrade projects, Prime Minister Emil Boc said Tuesday.

Romanian Govt To Cut Workforce Costs At Optimum Time, Keep VAT At 2011 Level – PM

The Romanian Government will analyze the feasibility of reducing workforce costs only after it makes sure the country achieved macroeconomic stability, Prime Minister Emil Boc said Tuesday.

Romanian Govt Decides To Raise Gross Minimum Wage To RON700 In 2012 – Sources

The Romanian Government on Wednesday decided to raise the gross minimum wage in 2012 by 30 lei (about EUR7) to RON700 from RON670, people close to the matter told MEDIAFAX Wednesday.

President Basescu To Reconfirm Romania Wants To Join Fiscal Union Pact

Romania’s President Traian Basescu told the Government Wednesday he will send to the European Council a reconfirmation of the fact that Romania will join the fiscal union pact EU leaders agreed upon last week.

Romanian Govt Wants More Flexible Approach To Regulation Freezing Public Sector Hiring

Romania’s Government wants a more flexible approach to the rule whereby only one in seven vacant public sector positions may be filled next year, with a view to applying it at a higher level, and not for each public institution, so as to unfreeze hiring in sectors where staff shortages become acute.

Romanian Govt Pledges To Cut National Co-Financing Rate For EU-Funded Projects By 10 Pct

The Romanian Government wants to temporarily reduce the national co-financing rate for EU-funded projects by 10 percentage points, based on a new EU regulation which increased the European contribution rate.

Danish PM Says Romania May Count On Denmark For Schengen Entry Support

Danish Prime Minister Helle Thorning-Schmidt said Monday during a meeting with Romanian counterpart Emil Boc that support for Romania’s accession to the Schengen area has been included in the government program and Romanian authorities may count on Denmark’s help in this process.

Romanian PM Assures Laid Off Miners They Will Receive Severance Pay

Romania's Government will find ways to pay severance for laid off miners, until the European Union approves state aid for these units, Prime Minister Emil Boc said Sunday on the public TV station.

Romanian Govt Keeps Livestock Subsidy At Current Level, Over Budget Constraints

Romania's Government has allotted over 1 billion lei (EUR230 million) for subsidies per head for sheep, goats and cattle, but will not increase the amount per head, despite the number of subsidized animals increasing by about 1 million heads since last year.

Romanian Military Personnel Must Join Private Pension Fund Within Seven Months

Romanian military personnel, police agents and special employees of the defense and prison administration systems will be required to sign up for a private pension within seven months, with the exception of agents with classified identities.

Romania’s Ruling Coalition Puts Off Approval Of Draft 2012 State Budget Until Next Week – Sources

Romania’s ruling coalition leaders decided Wednesday that the draft 2012 state budget will be approved by the Government next week, most likely in a special meeting, people close to the talks told MEDIAFAX Wednesday.

Romanian Govt Cuts Subsidy For Residential Construction Through Mortgage Loans

Romania's Government has decided not to subsidize the construction of homes through mortgage loans, arguing that budget revenues are insufficient to continue support for this program, and will limit the benefit to applications already filed.

Romanian Homeowners May Pay Taxes As Individuals For Up To 5 Rooms Let To Tourists

Romanian homeowners who let between one and five rooms to tourists will be able to declare their income and pay taxes without registering as self-employed persons, according to a draft amendment to the Tax Code, due to enter force on January 1.

Romanian President Says Would Welcome Govt Reshuffle

Romanian President Traian Basescu said late Monday on public television he would quickly accept replacing Cabinet members but the prime minister needs to stay to ensure stability.

Romania’s Justice Minister May Start Disciplinary Action Against Judges, Prosecutors – Bill

Romania’s minister of Justice will be allowed to start disciplinary proceedings against judges and prosecutors in grounded cases, according to a bill drafted by the Government.

Romanian Cos Allowed Until December 15 To Update General Employee Registry

Romania's Government has pushed the deadline by which companies may register or update the data in the General Registry of Employees (REVISAL) to December 15, 2011.

Romanian Pharma Industry Asks IMF To Push For Changes To Clawback System

Pharmaceutical companies have asked the International Monetary Fund to urge Romania's Government to reduce the clawback tax to zero for generic drugs, allow at least 210 days for its payment and no longer charge it on prices including VAT and distribution margin.

Romania To Provide Emergency Relief To Turkey, Libya

Romania's Government has decided to supply 100 tents to Turkey free of charge, as emergency earthquake relief, and provide medical care to 100 Libyan citizens injured in the civil war.

Romania OKs Two More Oil Drilling Licenses In The Black Sea

Romanian government Wednesday approved two oil exploration licenses in the Black Sea platform granted by the national agency for mineral resources to a consortium made of oil companies Lukoil Overseas and Vanco International.

Romania’s Govt OKs Bill Ratifying U.S.-Romanian Antimissile Shield Agreement

The Romanian Government on Wednesday approved the draft law ratifying the U.S.-Romanian agreement on the deployment of a U.S. ballistic missile defense system in Romania.

Romanian Govt Approves Renewable Energy Incentive Scheme

Romania's Government on Wednesday approved the ordinance providing state aid through green certificates for renewable energy production, after repeated complaints about delays from business associations in the industry.

Romania, Bulgaria To Hold Joint Cabinet Meeting Wednesday

The Romanian and Bulgarian governments on Wednesday will convene a joint meeting in Bucharest to discuss several common projects, as well as issues concerning the two countries’ accession to the border-free Schengen Area.

Romanian Govt Prepares Poultry, Pig Welfare Legislation

Romanian farmers will receive financial aid in the amount of EUR200 million in 2011-2012, for the diesel fuel used in their activity, among other things, and the authorities are also preparing an act on "the welfare of poultry and pigs," according to Prime Minister Boc and the Minister of Agricultur

Romanian National Competitiveness Council To Develop Economic Strategy

Romania's Government will create the National Competitiveness Council, whose task will be to develop a new economic strategy concerning competitiveness and to present reports on "the economic competitiveness dynamic" twice a year.

Romania To Access EU Funds To Assist Nokia Plant’s Redundant Personnel

Romanian Labor Minister Sulfina Barbu will be in Cluj county on Thursday to discuss accessing EU funds for the Nokia plant's employees with the County Employment Agency (AJOFM) and the company's management, Prime Minister Emil Boc announced.

Romanian Government Calls Special Meeting On Nokia Plant Shutdown

Romania's Government has called a meeting for Thursday evening to discuss mobile phone manufacturer Nokia's decision to close its plant in Jucu, Cluj county, people close to the matter told MEDIAFAX.

Romanian Govt OKs Program Providing Pensioners With Cheap Food Products

Romania’s Government on Wednesday approved, through a decision, the “solidarity basket” program aimed to sell food products at a discount to pensioners, people close to the matter told MEDIAFAX.

Romanian President Wants Workgroups For Priorities Of Strategic Partnership With USA

Romanian President Traian Basescu told private television ProTV he will hold talks with the Government next week regarding the creation of workgroups to focus on the priorities of the Strategic Partnership for the 21st Century between the United States and Romania.

Romania To Use Significant Share Of EU Funds For Building Thermal Rehabilitation – PM

Romania's Government plans to use a significant part of EU funds to support the building thermal rehabilitation program and will ask the authorities involved to better publicize the incentives for homeowners who begin such projects, said Prime Minister Emil Boc.

Romanian PM Sends Proposition For European Affairs Minister To Parliament

Romanian Prime Minister Emil Boc has sent the Parliament the proposition to set up the Ministry for European Affairs, the Government said in a press release Wednesday.

Romanian Govt Might Approve Letter Of Intent To IMF Next Week

Romania's Government plans to convene a meeting for the beginning of next week, to approve the final draft of the letter of intent agreed upon with the International Monetary Fund, European Commission and World Bank in this summer's evaluation mission, people close to the matter told MEDIAFAX.

Romanian Govt Decides Health Ministry Will Coordinate Health Insurance House

Romania's Health Ministry will coordinate the National Health Insurance House, but the House will remain autonomous and in charge of the healthcare budget, the Government decided Wednesday through an emergency ordinance.

Romanian Govt Wants 2012 Unitary Wage Law Approved By November

The Romanian Government wants the Parliament to adopt by November the bill on wages in the public sector in 2012, according to the Executive’s list of legislative priorities for this year’s second parliamentary session.

Romania To Eliminate Incentives In The Public Sector Starting January 2012

The Romanian Government decided to eliminate incentives in the public sector starting January 1, 2012, people close to the matter told MEDIAFAX Thursday.

Romanian Govt Approves New Heating Aid Income Caps

Romania's Government on Wednesday approved the new income ceilings, according to which heating subsidies will be provided from the state budget during the winter.

Romanian PM Appoints New Head Of Environment Protection Agency

Romanian Prime Minister Emil Boc on Monday appointed Gabriel Abos head of the National Environment Protection Agency (ANPM), replacing Iosif Nagy, who resigned after Romania was barred from trading green certificates.

Romanian PM Asks Ministries Outside Fiscal Strategy For 2012 Expense Estimates

Romanian Prime Minister Emil Boc on Wednesday asked the ministries not included in the 2012-2014 fiscal strategy to present their own expense estimates for 2012, which will be used in drafting the state budget for next year, people close to the matter told MEDIAFAX.

Romania To Adopt Clawback Tax, Allot RON150M For Healthcare Next Week – PM

Romanian Prime Minister Emil Boc on Wednesday asked the new Health Minister, Ladislau Ritli, to present a bill on the clawback tax next week and complete the C2 list of generic drugs, after which the Government will allot the ministry 150 million lei (EUR35 million) from the reserve fund.

Romanian PM Wants Govt Resources Directed Mainly To Quick Investments

Romanian Prime Minister Emil Boc asked the ministers to prioritize investment projects that can be implemented quickly and that have a multiplier effect, in order for the gross domestic product to grow by 1.5% this year, the target agreed upon with the IMF and European Commission.