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BUDGET

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Social/Politics

Taxpayers Face To Face With Tax Spenders: We Seem To Live In Parallel Worlds

The revenue growth forecasts included in the 2012 budget are too optimistic because those who worked on building the budget took a purely accounting approach to the job. The lack of transpar...

Loredana Frățilă-Cristescu · 24.11.2011 · 00:00 · 3 min
Companies

Romanian Entrepreneurs: We Pay Very High Taxes For Zero Results. Where Does The Money Go?

Ziarul Financiar this week started a campaign about the management of the 195 billion lei (EUR45 billion) that the government hopes to collect for the general consolidated budget in 2012, as...

Loredana Frățilă-Cristescu · 23.11.2011 · 00:00 · 6 min
Do You Know Where Your Money Goes?
Social/Politics

Do You Know Where Your Money Goes?

ZF starts a campaign Tuesday to monitor how the 195 billion lei (EUR45 billion) that the government expects to collect for the consolidated budget in 2012, as indicated by the budget bill, w...

Loredana Frățilă-Cristescu · 22.11.2011 · 00:00 · 5 min
Social/Politics

Ruling Coalition Amends Draft Ordinance Cutting Revenue For Local Budgets In 2012

Romania’s ruling coalition leaders decided to amend the emergency ordinance regarding funds allotted to local authorities next year, so city halls and county councils will receive more money...

Ioana Tudor · 21.11.2011 · 13:15 · 1 min
Social/Politics

Romania To Reduce Contribution To Investments By Up To RON2B In 2012

Romania's Government will reduce the state budget's allowance for investments by 1.3-2 billion lei (EUR300-460 million) in 2012 compared with 2011, but hopes to compensate by raising EU fund...

Radu Bostan · 17.11.2011 · 18:57 · 1 min
Government Cuts Labor, Agriculture, Education Budgets, Gives More To Health, Transport
Social/Politics

Government Cuts Labor, Agriculture, Education Budgets, Gives More To Health, Transport

Romania's Government will reduce the budgets of the ministries of Labor, Agriculture, Education, Environment and Finance, and the Romanian Academy, but will give more money to Health, Transp...

Radu Bostan · 16.11.2011 · 17:26 · 1 min
Health

Romanian Health Ministry’s 2012 Budget To Be Set For Entire Year, Won’t Be Revised - Minister

The Romanian Health Ministry’s 2012 budget will be set for the entire year and will not be revised, Health Minister Ladislau Ritli said Wednesday.

Ioana Tudor · 16.11.2011 · 14:06 · 1 min
Banks-Insurance

Romania’s Ruling Coalition Puts Off Approval Of Draft 2012 State Budget Until Next Week - Sources

Romania’s ruling coalition leaders decided Wednesday that the draft 2012 state budget will be approved by the Government next week, most likely in a special meeting, people close to the talk...

Ioana Tudor · 16.11.2011 · 12:03 · 2 min
Social/Politics

Boc: Next Budget Revision To Give More To Health, Culture, Investments

Romanian Prime Minister Emil Boc said the government will revise the state budget next week at the latest, providing more funds to the ministries of Health, Culture and those running investm...

Radu Bostan · 15.11.2011 · 20:58 · 1 min