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Romania Sets Up Council To Decide Country’s Inflow To EU Budget; Presidency Not Included
Banks-Insurance

Romania Sets Up Council To Decide Country’s Inflow To EU Budget; Presidency Not Included

The Romanian Government decided to set up a Council to decide the country’s stance during the European Union’s negotiations on the 2014-2020 budget, according to a decision recently approved...

Manuela Panescu · 19.10.2012 · 21:41 · 1 min
Government Cuts Budgets Of Several Ministries, Including Culture And Labor
Social/Politics

Government Cuts Budgets Of Several Ministries, Including Culture And Labor

Romania’s Government will cut the budgets of several ministries, as well as of the Senate, the High Council of Magistrates, the High Court of Justice and the public television and radio.

Ioana Tudor · 19.10.2012 · 11:47 · 1 min
Romania Expects State Budget Revenues To Decrease By Over RON1B In 2012
Macroeconomics

Romania Expects State Budget Revenues To Decrease By Over RON1B In 2012

Romania’s Government expects revenues to the state budget to decrease by more than 1 billion lei (EUR218 million) and the country’s gross domestic product to grow only by around 1% in 2012,...

Ecaterina Craciun · 19.10.2012 · 11:41 · 2 min
Real Estate

Impact Developer Estimates Record Loss Of RON35.6M For 2012

The shareholders of Romanian realty developer Impact Developer&Contractor (IMP.RO) approved the company’s revised budget for 2012, which states record losses of 35.6 million lei (EUR7.8 mill...

Ioana Tudor · 16.10.2012 · 19:54 · 1 min
Technology &Telecoms

Government To Allot Extra Funds For Hospitals, Pensions, Arrear Payment

Romania’s Government will allot extra money to local authorities to pay arrears and will increase funds for hospitals and people with disabilities, the Finance Ministry said in a press relea...

Ioana Tudor · 15.10.2012 · 18:22 · 1 min
Agriculture Ministry To Borrow RON1.4B From Treasury For Direct Area Payments
Social/Politics

Agriculture Ministry To Borrow RON1.4B From Treasury For Direct Area Payments

Romania’s Agriculture Ministry will borrow 1.4 billion lei (EUR306 million) from the Treasury for direct area payments to farmers, according to a draft decision drawn up by the ministry.

Ioana Tudor · 12.10.2012 · 13:56 · 1 min
Government To Revise Budget Again In October - Minister
Social/Politics

Government To Revise Budget Again In October - Minister

Romania's Government will carry out a new budget revision in October, Minister-delegate for Social Dialog Liviu Pop announced Tuesday.

Ioana Tudor · 09.10.2012 · 19:16 · 1 min
Social/Politics

Opposition To Submit Simple Motion On Budget Tuesday

The Romanian opposition Democratic Liberal Party (PDL) will submit a simple motion on the state budget in the Chamber of Deputies Tuesday, democrat liberal Cezar Preda said Monday.

Ioana Tudor · 08.10.2012 · 16:39 · 1 min
Romania To Resume Payments For HR Development Projects From State Budget Funds
HR

Romania To Resume Payments For HR Development Projects From State Budget Funds

The Romanian Government will start making payments for refund requests within the Sector Operational Program for Human Resource Development (POSDRU) next week and the money will come from th...

Ecaterina Craciun · 05.10.2012 · 14:25 · 1 min