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Romania’s Defense Ministry Launches Bill For Acquisition Of 32 F-35 Jets for $6.5B
Romania’s National Defense Ministry this week launched the bill needed in order to buy fifth generation F-35 fighter jets as proposed by US’ Lockheed Martin. According to official information, Romania should sign for the acquisition of the 32 F-35 jets at the...
Romanian Senate Passes Bill Simplifying Taxation Of Individual Investors On Capital Market
The Romanian Senate adopted on Wednesday (February 2) a legislative proposal aimed at simplifying the taxation of capital market investors, but the Chamber of Deputies is decider on the matt...
Romanian Parliament Rejects Bill Seeking to Cap Interest Rates on Retail Loans
Romanian lawmakers have rejected a bill that sought to cap interest rates on mortgage and consumer loans to at most 50% above the central bank benchmark rate.
Bucharest Stock Exchange: Freezing Minority Stakes Listings On Capital Market Goes Against Romania’s Interests
The Bucharest Stock Exchange on Thursday said the Romanian Parliament's adopting a bill banning for two years the listing of state-owned companies restricts the state's ability to use capita...
Romanian Parliament Adopts Bill Suspending Sales of State-Owned Shares
Romania's lower chamber of parliament on Wednesday adopted a bill that would suspend all disposals of shares owned by the Romanian state a period of two years. Prime minister Lucovic Orban s...
Romanian Parliament Passes Bill Regulating Alternative Investment Funds
Romanian lawmakers on Wednesday adopted a bill regulating alternative investment funds and eliminating the 5% ownership cap in the country' five regional investment funds, or SIFs.
AmCham: New Pension Bill Mustn't Create Budget, Macroeconomic Imbalances
AmCham Romania, an organization consisting of 430 companies, expressed concern Wednesday over the government's recent approval of a new pension bill that would significantly raise social sec...
Senate Approves Set-Up of Development Bank
Romania's Senate on Wednesday approved a bill put forth by ruling coalition lawmakers to set up a state-owned Bank for Development.
Romanian Senate Adopts Split VAT Bill
Romanian senators on Tuesday adopted a bill making separate payment accounts for value-added tax mandatory for companies with bad records in VAT payments and insolvent businesses.