government

Romanian PM Says Chinese Investors May Get State Aid If Investments Are Big Enough

Romanian Prime Minister Emil Boc told Chinese investors Monday Romania would grant state aid if their investments in the country are large enough and create jobs.

Chinese Investors Vow To Bid For Romanian Projects

Chinese investors have assured the Romanian Government they will bid for major investment projects in Romania and will offer low prices for works and also inquired about state aid options.

Romania To Wait Until 2014 To Finance Education System By 6% Of GDP

Romania's Government will extend the deadline by which it must provide at least 6% of the GDP to the education system by two years, until 2014, arguing that it would entail an additional budgetary burden of more than 46 billion lei (over EUR10 billion) in 2012 and 2013.

Romania To Increase Budget Earnings Through New Building, Land, Vehicle Tax System

Romania's Government will change the building, land and vehicle tax system, introducing a new calculation method that will allow earnings from this source to increase by more than 1 billion lei (EUR233 million) over the next three years.

Romania To Keep Public Sector Hiring Frozen, Halt Bonuses, Overtime Until 2014

Romanian public sector employees will receive no vacation, gift or meal vouchers until 2014, no bonuses until 2013 and will be rewarded for overtime with free hours only, according to the Government's fiscal-budgetary strategy for 2012-2014.

Romania Halts Certain Pension Raises Until 2014, Over High Additional Expenses

Romania's Government will block certain pension raises, which would have taken effect next year, until 2014, arguing that the lack of a "sustainable framework" for the pension law's application will increase the social security budget deficit.

Romanian Govt To Keep Public Sector Hiring Frozen In 2012 – PM

The Romanian Government will keep public sector hiring frozen in 2012 and only one in seven vacant positions will be filled, Prime Minister Emil Boc said Sunday.

Romanian Govt Sees GDP Up 0.3-0.4% In 2Q, Inflation At 4.8% In 2011

Romania's Government estimates a 0.3-0.4% growth of the gross domestic product in the second quarter, compared to the first, and an inflation rate of 4.8% this year, below the central bank's forecast, people close to the matter told MEDIAFAX.

Romania To Provide Pensioners With Basic Food Products For Lowest Price Each Month

The Romanian "solidarity basket" program, approved by the Government, will provide pensioners each month with a package comprising basic food products, like flour, sugar, oil, corn and rice, for the "lowest price possible."

Romanian Govt Starts Procedures To Sack 1,300 People In State-Owned Energy Cos

Romania’s Government on Wednesday decided the start of procedures to lay off 1,300 employees of several state-owned energy companies this year, and laid off workers will get severance pay and unemployment aid until 2014.

Romanian Govt Wants Fair Drug Prices, Revised Purchase System – PM

Romania's Government must put an end to public fund waste in healthcare and ensure fair drug prices, a strategy that can be implemented by supplying mostly generic drugs and restructuring the entire purchase system, said Prime Minister Emil Boc on Tuesday.

Romanian PM: All EU-Funded Projects Awarded Through Public Auctions Will Be Checked

Romanian Prime Minister Emil Boc said Wednesday that he has ordered check-ups at every ministry regarding auctions for EU-funded projects, almost all of them run by local authorities, to make sure there will be no problems with the invoices to be sent to Brussels.

Romanian Revolutionaries Call On Govt To Keep Their State Allowances

Representatives of several organizations of Romanian revolutionaries assembled Monday outside the Government building calling on Prime Minister Emil Boc to clarify plans regarding their state allowances.

PM: Romania Supports Latest EC Proposition On Reducing Roaming Charges

Romania supports the latest proposition of the European Commission on lowering roaming charges, Prime Minister Emil Boc said Monday during talks with Neelie Kroes, EU Commissioner for Digital Agenda.

Romanian Companies Charged EUR200 For EU Ecolabel, No Yearly Fee

Romanian companies requesting a European Union Ecolabel, to promote their "green" products and services, will pay a one-time EUR200 per product as an application processing fee and will not be required to pay a yearly fee.

Romania’s New Ministry To Manage EU Fund Coordination, Audit Authorities – Sources

Romania's proposed Ministry of European Affairs will manage the Structural Instrument Coordination Authority (ACIS) and, probably, the Audit Authority attached to the Court of Accounts, but not the individual ministries' project management authorities.

Romanian Govt Approves Act Introducing Extended Confiscation Of Wealth

Romania's Government has approved a bill introducing extended confiscation, an act that will be sent to the Parliament for adoption.

Romanian Govt To Focus On New SME Support Program – PM

Romanian Prime minister Emil Boc on Saturday said the Government will focus in the upcoming period on implementing a new program to support small and medium-sized businesses.

Romanian Govt Postpones Elimination Of Heating Subsidy

Romania's Government has decided to hold back the ordinance eliminating state heating subsidies, which will lead to higher heating bills, until it completes a state aid scheme for low-income households.

Romanian City Halls Must Ensure Heating Subsidy From Local Budget

The Romanian Government will no longer set reference prices of thermal energy for households and will allow mayors to approve, based on their own strategy, prices lower than those charged by thermal energy suppliers, provided they cover the difference from local budgets.

Romania To Lease, Close Over 2000 Km Of Railroad, To Save Money

Romania's Government has decided to lease 1,000 km of public railroad and close another 1,000 km, in an effort to save 109 million lei (EUR25.6 million) from the railway company budgets, as per a previous agreement with the International Monetary Fund.

Romania Keeps Higher Taxes On Multiple Homes Into Next Year

Romania's Government has decided to keep charging higher taxes from owners of multiple houses and cars with engines larger than 2000 cc, after the Parliament decided that the higher taxes would only be applied this year.

EXCLUSIVE: Romanian Govt To Freeze Hiring Of Police Academy Graduates This Year

Romania's Government will freeze the hiring of police academy graduates by the Interior Ministry until next year and will also cut jobs in the ministry's structures.

Romanian President Warns Ministers About Poor EU Fund Absorption

Romanian President Traian Basescu asked the ministers to think whether they can still be members of the Cabinet after June 30, in case data on the first half of the year indicates poor EU fund absorption and low investments in the fields they manage.

Romanian Govt To Send Parliament Bill Banning Hallucinogenic Plants

Romania's Government will send the Parliament an "extremely tough" bill banning products made from hallucinogenic plants, which allows authorities to seize merchandise and makes obtaining sale authorization very difficult.

Romanian Govt Postpones Decision On Car Tax To Analyze Legal Implications – Sources

Romania's Government has postponed a decision on the car tax again, for next week, in order to analyze the legal implications of future amendments, people close to the matter told MEDIAFAX on Wednesday.

Romania’s Draft Constitution: Govt May Seek Confidence Vote Once In Parliamentary Session

The Romanian Government may seek lawmakers’ confidence vote only once in a parliamentary session, except when the state budget and the social security budget laws are concerned, says the draft revised Constitution, published Wednesday by the Presidential Administration.

Romanian Govt OKs Applying Reverse Taxation On Cereal For Two Years

The Romanian Government on Tuesday approved a draft emergency ordinance whereby the country will apply reverse taxation on cereal and plants with industrial use for about two years staring June 1, 2011, after it received approval from the European Union.

Romania Doesn’t Give Up Plan To Create Energy Champions

Romanian government didn’t give up its plan to merge the main power companies into two national champions, but a system overhaul to create several smaller energy centers has better chances of success at the moment, an official of the Economy Ministry said Tuesday.

Romanian Govt To Apply Car Pollution Tax Upon First Sale

Romania’s ruling coalition decided to allow the Government to apply a pollution tax upon the first sale of cars brought to Romania before the enforcement of this new car tax system, people familiar with the matter told MEDIAFAX Monday.

Romania To Eliminate Barriers To Opening Hypermarkets, After EU Pressure

Romania's Government, under pressure from the European Commission (EC), has pledged to remove barriers to the opening of retail chains, by no longer requiring the competition's approval and an impact study before issuing authorization.

Romania Risks EU Sanctions Unless It Refunds Car Tax – Experts

Romania risks sanctions from the European Union, from a potential infringement procedure, and a great number of suits brought on by car owners, unless the government urgently changes the car tax and repays the funds it collected.

Romanian Public Sector To Recover 2010 Wage Cut In Two Steps Next Year – PM

The wage cut implemented in Romania's public sector last year will be entirely recovered next year, likely in two installments, Prime Minister Emil Boc said Thursday on Realitatea TV.

Romanian Govt To Up Clunkers Program Budget By 60,000 Scrapping Vouchers

Romania’s Government will supplement the budget for the country’s cash for clunkers program by 60,000 scrapping vouchers, Environment Minister Laszlo Borbely said Wednesday, at the end of the Cabinet meeting.

Romanian Govt Postpones Decision On Car Tax Changes

Romania’s Government has postponed a decision to change the car tax and will first draw up an impact analysis and discuss the matter within the ruling coalition, people close the matter told MEDIAFAX Wednesday.

Romanian Government Ups Staff Spending By 5% In Election Year 2012 – Bill

The Romanian Government will increase staff spending by 5% in election year 2012, above the cap set for this year, to 42.59 billion lei (about EUR10.33 billion) or 7.2% of the gross domestic product, one percentage point above inflation and economic growth estimates.

Self-Employed Romanians May Hire Other People As Workers

Self-employed Romanians will be allowed to hire other people for their activity, with employment contracts, as per a new government emergency ordinance.

Romania To Amend Car Pollution Tax, Following CJEU Ruling

Romania's Government has decided to amend the car pollution tax again in a few weeks, after the Court of Justice of the European Union (CJEU) judged it in violation of community legislation.

Romanian Govt Coalition May Discuss Replacing PM – Sources

Romania’s ruling coalition will hold a meeting Tuesday and might discuss whether to replace Emil Boc as prime minister following his reelection as head of the ruling Democratic Liberal Party, people close to the matter said Monday.

Romanian Govt Pledges Over 7000 Job Cuts In Railway, Energy, Postal Co

Romania's government has pledged to cut more than 7000 jobs in state railway companies, energy suppliers and the national postal company, while lowering their running costs through renegotiated contracts, says the letter of intent to a EUR3.6 billion loan agreement with the IMF.