Translator
Radu Bostan
Reporter
- Fields
- Social/Politics, Automotive, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 2.182
PSD Committee Decides To Expel Geoana From Party
The Romanian Social Democratic Party's Arbitrage Committee on Sunday decided to expel Mircea Geoana, president of the Senate, from the party.
Franks: Romania Might Raise Pensions, Wages By 3-4% Next Year, If Economy Permits
Pensions and salaries will remain fixed in the first half of next year, but might be raised slightly in the second half, by 3-4%, if the economy permits, said Jeffrey Franks, head of the IMF...
Franks: State Companies Belong To Romanian People, Government Must Ensure They Run Properly
Romanian state-owned enterprises ultimately belong to the Romanian people, so it is the Government's responsibility to ensure they are properly run and that their managers have the people's...
EC Report: Free Movement Of Romanian, Bulgarian Workers Increased EU GDP By 0.3%
The free movement of Romanian and Bulgarian workers has increased the EU's GDP by 0.3%, says the EC's report on the Functioning of the Transitional Arrangements on Free Movement of Workers,...
Government To Cut Early Education Coupons, Limit Travel Discounts For Pensioners
Romania's Government will not provide next year the new social coupons only just introduced through the new education law, destined for low-income households with pre-school children, will c...
VAT For Car Purchases, Fuel Expenses Will Be Tax Deductible Up To 50%
Romanian companies will again be able starting next year, after a three-year ban, to deduct fuel expenses for vehicles with nine or fewer seats, destined exclusively for passenger transport,...
Romania's Investment Budget At 6.5% Of GDP In 2012
Romania's investment spending will rise next year by 3.3 billion lei (EUR758 million), to RON38.7 billion, and the share of funds allotted for these projects will be increased from 6.4% to 6...
Romania's 2012 Consolidated Budget: Revenue Seen At RON195B, Expenses At RON206B
Romania's 2012 general consolidated budget provides total revenue of 195.3 billion lei (EUR45 billion) and total expenses of RON206.5 billion, therefore a nominal deficit of RON11.2 billion,...
Government Anti-Evasion Plan: Check Large Wealth And 2006-2008 Real Estate Transactions
Romania's Government will begin a "program to investigate people with large income/ wealth" next year and will check individuals involved in real estate transactions in 2006-2008, in an effo...
Government Wants To Reduce State Enterprise Arrears By RON5-6B In 2012
Romania's Government estimates that restructuring the state-owned enterprises monitored through the agreement with the IMF will reduce their arrears by 5-6 billion lei (EUR1.15-1.38 billion)...
Romania To Hike Diesel Excise By 4.4% In 2012
Romania will increase excise duties on diesel fuel by 4.4% on January 1, from EUR358 to EUR374 per ton, according to a government document.
Romania Wants To Get EUR164M Selling Government Buildings Next Year
Romania's Government wants to get 706 million lei (EUR164 million) next year from the sale of state-owned buildings managed by RA-APPS, compared with the RON1.8 million it estimates it will...