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BASESCU

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Macroeconomics

Basescu Says VAT Increase ‘A Political Error’

Romanian President Traian Basescu on Thursday said that raising the value added tax rate to 24% from 19% was a “political error” that delayed the country’s exit from recession by at least si...

Florentina Dragu · 19.05.2011 · 13:41 · 1 min
Social/Politics

Basescu Advocates Administrative Reorganization

Romanian President Traian Basescu said Thursday he hopes a solution regarding the country’s administrative reorganization will be taken in 2012.

Ioana Tudor · 19.05.2011 · 13:27 · 1 min
Social/Politics

Basescu Supports Plan To Reduce Number 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.

Ioana Tudor · 19.05.2011 · 13:10 · 1 min
Basescu Says Parliament Decides On Bucharest’s Administrative Organization
Social/Politics

Basescu Says Parliament Decides On Bucharest’s Administrative Organization

Romanian President Traian Basescu said Thursday a referendum on the administrative organization of Bucharest is not needed, as the Parliament is the body to decide whether the capital will c...

Ioana Tudor · 19.05.2011 · 12:47 · 1 min
Banks-Insurance

Basescu: New IMF Loan Deal Is 100% A Romanian Government Program

President Traian Basescu on Thursday dismissed any claims that the International Monetary Fund would be a "God's whip" above the Romanian Parliament and Government, insisting the local autho...

ZF English · 19.05.2011 · 12:28 · 1 min
Energy Price Deregulation Must Happen Quickly, President Says
Energy

Energy Price Deregulation Must Happen Quickly, President Says

Romania's government must establish “very quickly” a calendar for price deregulation in the energy and natural gas sectors to allow an adequate inflation targeting at the central bank, Presi...

Florentina Dragu · 19.05.2011 · 11:57 · 1 min
Basescu Says 2011 GDP Growth May Top Forecast
Macroeconomics

Basescu Says 2011 GDP Growth May Top Forecast

Romanian economic growth could top 2% this year, above the 1.5% official forecast, President Traian Basescu said Thursday.

Florentina Dragu · 19.05.2011 · 11:56 · 1 min
Social/Politics

Traian Basescu, Biased Arbiter In the Fight Between Boc and Blaga For PDL's Helm

Autumn of 2000. In front of an enthusiastic crowd, Petre Roman launches his candidature for the presidential elections. Traian Basescu is the one who introduces the candidate. "Petre, you're...

ZF English · 13.05.2011 · 03:00 · 1 min
Basescu: Nabucco Project Viable If Azerbaijan, Turkmenistan Involved
Energy

Basescu: Nabucco Project Viable If Azerbaijan, Turkmenistan Involved

Romanian President Traian Basescu said Thursday that the Nabucco pipeline project is viable, as long as Azerbaijan and Turkmenistan are among its partners, and defended Turkmenistan's need f...

Radu Bostan · 12.05.2011 · 15:16 · 1 min