GOVERNMENT
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Romanian Government Adopts 2017 State Budget
Romanian government adopted the state budget for 2017, Finance Minister Viorel Stefan said late Tuesday, after the Cabinet meeting.
Romanian Business Leaders: Government’s Economic Decisions Negatively Impact Companies, Employees
The economic decisions approved by the Romanian government in the last three weeks have negative consequences for millions of employees and hundreds of thousands of companies, as they were m...
Romanian Parliament Endorses Grindeanu Cabinet
Romania's new Cabinet, led by Sorin Grindeanu, on Wednesday received the Parliament's endorsement with 296 votes in favor and 133 votes against.
Romania Cuts Mandatory Quota Of Electricity Produced From Renewable Energy Sources To 8.3%
In 2017, the mandatory quota of electricity produced from renewable energy sources, which benefit from the green certificate promotion system, will be 8.3% of the final gross electricity con...
Romania To Increase Pension Point By 5.25% As Of January 1, 2017
The pension point will be raised by 5.25% starting January 1, 2017, through emergency ordinance, Romania’s Labor Minister Dragos Pislaru said Thursday evening.
Government: Energy Stocks For 2016-2017 Winter To Cost RON2.3B
The Romanian government approved in its Wednesday meeting a decision regarding measures to set up the safety stocks of the national electric-energy system, called the winter program.
Government Challenges CHF Conversion Law At Constitutional Court - Sources
The Romanian Government will challenge the law regarding the conversion of Swiss franc loans into Romanian lei at the Constitutional Court, according to government sources.
Romania Sets Level Of Emergency Stocks Of Crude Oil And/Or Oil Products At 1.2 Mln Tons In 2016
The level of emergency stocks of crude oil and/or of oil products that must be set up for 2016 and maintained under Law no. 360/2013 was set at 1,238,183 tons of oil equivalent (toe), accord...
Government Eyes New Measures To Boost Transparency And Integrity On Capital Market
The Romanian Government has approved a bill regarding issuers of financial instruments and market operations, which includes regulations meant to boost transparency and integrity on the capi...