subsidies

Romania Provided EUR300M In State Aid To 20 Major Investments – PM

Romania has provided EUR300 million in state aid for 20 investment projects worth more than EUR1.1 billion, through an aid scheme approved by the European Union, Prime Minister Emil Boc said Friday in a business forum in Timisoara.

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 President Supports Plan To Reduce No. Of Heating Aid Beneficiaries

Romanian President Traian Basescu supports the Government’s plan to eliminate heating subsidies and direct such aid only to disadvantaged categories.

Romanian PM Says Govt To Set Revenue Cap For Heating Subsidies By End-August

Romania’s Government will decide by the end of the summer on a maximum revenue cap for beneficiaries of heating subsidies, while people with high incomes or who own multiple homes will pay their full bills, Prime Minister Emil Boc said Friday.

EC Authorizes Romanian RON1.3B Aid Scheme For Farmers

The European Commission on Wednesday has authorized a Romanian state aid scheme with a budget of 1.3 billion lei (EUR1=RON4.0858) which aims to support farmers who face difficulties due to the economic crisis.

Romanian Railway Company CFR Calatori Might Receive RON937M Subsidies This Year

Romanian state-run railway passenger carrier CFR Calatori could receive state subsidies in the amount of 937.18 million lei (EUR1=RON4.1685) this year, less than last year and below the company's requested RON1.37 billion.

Romania Wants To Subsidize Diesel Price Hikes For Farmers

Romanian Agriculture Minister Valeriu Tabara told a news conference Tuesday the ministry wants to subsidize price hikes for diesel fuel used in farming if it gets the approval of the European Commission.

Romanian Govt To Cut Heating Aid For Owners Of Pigs, Sheep, Goats, Chainsaws, Orchards

Romanians who own more than three cattle, five pigs, 20 sheep or goats, or more than 15 bee families will no longer receive heating subsidies, according to a Government act cutting the number of beneficiaries of such aid.

Romanian Govt Might Cut Heating Subsidy For People With RON3,000 In Bank

Romanians with bank deposits of more than 3,000 lei (EUR1=RON4.2670) might no longer receive heating subsidies starting with the winter of 2010-2011, according to an option discussed by the government in its meeting on Monday.

Romanian Owners Of Multiple Homes, High Engine Capacity Cars Not To Receive Heating Subsidies

Romanians who own more than one home or cars with an engine capacity exceeding 1,600 cubic meters will not receive heating subsidies, the Government decided in a meeting Monday.

Romanian Govt To Keep Heat Subsidies This Year – PM

Romanian Prime Minister Emil Boc on Thursday said heat subsidies will be kept this year, but a new strategy will be applied starting April 2011.

Romanian Govt Could Keep Heat Subsidy For Next Winter – Off

Romanian interministrial work group in charge with identifying viable solutions regarding heat subsidies for household consumers will recommend keeping the subsidies through the next winter, a group official said Tuesday.

Romanian PM Boc Asks Ministers To Draft Heating Subsidy Options Within Ten Days

Romanian Prime Minister Emil Boc asked the ministers to present a report on options for heating subsidies by August 19, Government officials announced Monday.

Romanian Agric Ministry To Subsidize Premiums For Conversion To Organic Farming

Romania’s Agriculture Ministry will use European Union funds to subsidize premiums needed for the conversion of traditional farms to organic farms, the country’s Agriculture Minister Mihail Dumitru said Thursday.

Romanian President Announces Pensions To Decrease By 15%, Public Sector Wage Fund By 25%

Romanian President Traian Basescu said Thursday, after talks with International Monetary Fund officials, pensions will decrease by 15% and salary funds in the public sector by 25%, which will also impact the minimum wage, adding subsidies will be drastically reduced.

Romanian Passenger Railway Carrier CFR Calatori To Receive 56% Higher Subsidies In 2010

Romanian national railway passenger carrier CFR Calatori could receive 956.25 million lei (EUR1=RON4.0888) in subsidies this year, 56% more than last year, but this amount will only cover half the company’s needs in 2010.

EU Cuts Subsidies For Energy Crops In 2010 – Romanian Agriculture Min

Romania’s Agriculture and Rural Development Ministry said Thursday no subsidies will be grated for crops used to produce bio-fuels starting 2010.

Romania Agric Min To Pay Farmers 2009 Overdue Subsidies In Two Stages In Feb

Romania’s Agriculture Ministry will pay farmers, in the first half of February, 990 million lei (EUR1=RON4.1319) in overdue subsidies for October and November 2009, while overdue subsidies of RON370 million for December 2009 will be paid until the end of February this year.

Romanian Transp Min: Railway Sector Subsidies Should Be Hiked By 30-40%

Romania’s Transport Minister Radu Berceanu on Monday said spending cuts and a correct calculation of subsidies would help solve problems in the country’s railway sector, adding financial aid granted to companies in the sector should be hiked by 30-40%.

Romania To Ask EC Approval For 13-14 State Aid Schemes

Romania will ask the European Commission’s approval for 13-14 state aid schemes, of which, three or four target to subsidize the country’s farming sector, and the schemes will be sent to the EC over the next two months, Finance Minister Sebastian Vladescu said Thursday.

Romanian Govt Allots RON15 Installment Of Subsidy For Sheep Farmers

Romania's Government decided Wednesday to allot a 15 lei per head (EUR1=RON4.2995) installment of the subsidy granted to sheep farmers, official sources told MEDIAFAX.

Romanian Govt Can Pay Livestock Farming Subsidies In 2010 – Interim Agric Min

Romanian interim Agriculture Minister Radu Berceanu asked livestock farmers to consent to receiving part of the subsidy for cattle and sheep in 2009 and the rest in the first two months of 2010, as the budget does not allow for the allocation of the entire amount at the moment.

Romania Subsidizes Diesel Fuel By RON1/Liter For Autumn Farm Works

Romania’s Agriculture Ministry will grant farmers a subsidy of 1 leu (EUR1=RON4.2143) for one liter of diesel fuel, used in autumn seeding works, minister Ilie Sarbu said Tuesday.

About 1,200 Romanian Farmers Picket Govt HQ Demanding Subsidies

About 1,200 farmers from 25 Romanian counties picket the government building on Wednesday demanding subsidies and the checking of the quality of milk imported in Romania.

EU Opposed Chemical Fertilizer Subsidies – Romanian Agric Min

Romanian agriculture minister Ilie Sarbu said Wednesday that the reply issued by the European Union was negative regarding Romania’s request to subsidize Romanian farmers for chemical fertilizer.

Over 3 Million Romanian Pensioners To Get 90% Discount On Drugs As Of March 1

Over three million Romanians with pensions of up to 600 lei (EUR1=RON4.2909) benefit, as of Sunday, of 650 types of drugs they can buy at a 90% discount.

New Romanian Govt To Allocate Average Subsidy Of RON1.500 Per Hectare For Farmers

Romanian farmers will be granted an annual average subsidy worth 1,500 lei (EUR1=RON3.9389) per hectare, and the state will subsidize 30% of loans taken for production, according to the 2009-2012 agenda of the country’s new center-left government.

Romanian Govt Granted Bucharest Mayoralty Ron35m To Pay Heat Subsidies – Mayor

Bucharest general mayor Sorin Oprescu said Wednesday morning that he received a notice from the government saying it gave the mayoralty 35 million lei (EUR1=RON3.8131) to cover heating subsidies.

Romania Grants Subsidies For Renewable Energy Via Green House Progr

Romania’s Environment Ministry on Thursday launched a national program called “Green House”, aimed to stimulate the development of renewable energy equipment, Minister Attila Korodi said.

Romanian Winemakers To Receive Funds For Crop Insurance, Wine Promoting

Romanian winemakers will receive funds to promote their wines on foreign markets, to insure their crop and to use concentrated grape stum in order to increase alcohol concentration, the Government said Thursday in a statement.

Romania Allocates RON160M To Help Low-Income Families Pay Gas Bills

The Romanian government will allocate 160 million lei (EUR1-RON3.6404) to help people with low incomes pay their gas bills, in a move meant to counter the effects of the recent price hikes of natural gas, Premier Calin Popescu Tariceanu said Wednesday.

European Union To Grant EUR510M Subsidies To Winemakers

Winemakers in EU countries, including the Romanian wine producers, will receive additional subsides worth a total of EUR510 million for improvements in wine quality to compete with the wine quality standards in the United States, Australia and South Africa.