Translator
Radu Bostan
Reporter
- Fields
- Social/Politics, Automotive, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 2.182
Development Ministry Budget Raised By RON10M In 2012
The 2012 budget of the Romanian Ministry of Regional Development and Tourism has been raised by the Government, compared with its budget for 2011 and the allowance stipulated in the first dr...
Government Expects 20-25% EU Fund Absorption In 2012
Romania's Government is counting on a EU fund absorption rate of 20-25% next year, aiming to attract at least EUR6 billion for agriculture and from the cohesion funds, Prime Minister Emil Bo...
Government, IMF In Negotiations To Raise Minimum Wage To RON700
Romania's Government is in negotiations with the International Monetary Fund (IMF) to raise the gross minimum wage to 700 lei (EUR160) from RON670, said Finance Minister Gheorghe Ialomitianu...
Fiscal Council: Government Should Set Quarterly EU Fund Absorption Targets
Romania's Fiscal Council suggests the Government should set quarterly EU fund absorption targets for the ministries and other authorities, since absorption is essential in order to offset th...
Government Reduces Income Tax Transfers To Local Budgets
Romania's Government has reduced the share of income tax collections provided to local authorities by 5.5 points, through an emergency ordinance amending the Law on public finance, minister...
Fiscal Council Concerned About Infrastructure Investments' Impact On ESA95 Deficit
Romania's Fiscal Council has asked the Government to present the National Infrastructure Development Program's potential impact on the deficit as per ESA95.
ELJ Automotive To Supply Ford Romania
Romanian plastic component producer ELJ Automotive Titu has invested EUR7 million into expanding its production capacity, with EUR10 million more to be spent later, and has become a supplier...
Romania, Israel To Set Up Fundraiser Foundation For R&D
Romania and Israel will create a foundation to attract private funds from the two states for research and development, and will set up a center for the modernization of communications infras...
UNIQA Asigurari's Underwritten Premiums Down 5.7% To RON293M In First 9 Months
Romanian insurer UNIQA Asigurari underwrote premiums worth 293.47 million lei (EUR67.42 million) in the first nine months of 2011, down 5.7% on the year, and it paid damages worth a total RO...
Boc: Romania Will Respect UN, EU Decisions On Iran, Peaceful Solution Is Preferable
Romania shares the international community's concerns about Iran and will respect the decisions taken in the UN and the EU, as a peaceful and diplomatic solution to the issue is preferable,...
FOCUS: Romanian Ministries Spend Over EUR500M Per Year On HQ Maintenance
Romania could save up EUR150-200 million every year from the ministries' budgets alone if the Palace of Parliament or other large state-owned buildings housed several such institutions, sinc...
Romanians Consumed 58m Liters Of Spirits This Year, Down 19%
Romanians consumed 58.8 million liters of spirits in the first nine months of this year, 18.8% less than last year, mainly because of the lower purchasing power, Petru Berciu, head of BDG Im...