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EXPENSES

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Government Cuts Investments To Boost Wages, Pensions And Public Procurement
Macroeconomics

Government Cuts Investments To Boost Wages, Pensions And Public Procurement

September completed the picture of a budget execution centered on fulfilling the electoral campaign obligations of the Social-Liberal Union, in total disregard for the dire need for investme...

Tudor Ioana Raluca · 28.10.2013 · 08:01 · 2 min
Draft Budget: Romania To Hike Staff Spending, Cut Capital Expenses In 2013
Social/Politics

Draft Budget: Romania To Hike Staff Spending, Cut Capital Expenses In 2013

Romania will increase staff expenses by 1.8 billion lei (EUR0.4 billion) next year to restore public wages, after they were cut by 25% in 2010, while capital expenses will be reduced by RON1...

Ioana Tudor · 13.12.2012 · 12:26 · 1 min
Ponta Says Government Will Reallocate Funds To Further Restore Pensions, Public Wages, Allowances
Social/Politics

Ponta Says Government Will Reallocate Funds To Further Restore Pensions, Public Wages, Allowances

Romanian Prime Minister Victor Ponta on Sunday said the Government will reallocate funds in order to further restore pensions, public sector wages, allowances and keep public institutions ru...

Ecaterina Craciun · 14.10.2012 · 14:39 · 1 min
Bucharest's Transport Authority To Be Financed With Public Money, Transfer Revenues To State Budget
Automotive

Bucharest's Transport Authority To Be Financed With Public Money, Transfer Revenues To State Budget

Bucharest's Metropolitan Transport Authority (AMTB) will transfer to the state budget its revenues from technical assistance, authorization and consulting services, and will be financed enti...

Ioana Tudor · 24.05.2012 · 12:28 · 1 min
Social/Politics

FOCUS: Romanian Ministries Spend Over EUR500M Per Year On HQ Maintenance

Romania could save up EUR150-200 million every year from the ministries' budgets alone if the Palace of Parliament or other large state-owned buildings housed several such institutions, sinc...

Radu Bostan · 23.11.2011 · 17:05 · 2 min
Analysis

GfK: More Than Half Of Romanians Have Trouble Paying Bills, A Quarter Are In Debt

More than half of Romanians (56%) say they barely manage to cover their current expenses and almost a quarter (24%) say they are in debt, according to a study by GfK Romania, which points ou...

Radu Bostan · 10.11.2011 · 14:06 · 2 min
Macroeconomics

Goods And Services Expenses Up 20%, Personnel Expenses Down 20% In May

May brought a budget gap, after a slight budgetary surplus registered in April. The state’s expenditures on goods and services went up 18.2% from a year ago, to 2.4 billion lei (EUR568 milli...

Claudia Medrega · 28.06.2011 · 00:00 · 2 min