GOVERNMENT
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Romania, Bulgaria To Hold Joint Cabinet Meeting Wednesday
The Romanian and Bulgarian governments on Wednesday will convene a joint meeting in Bucharest to discuss several common projects, as well as issues concerning the two countries’ accession to...
Government Preparing Poultry, Pig Welfare Legislation
Romanian farmers will receive financial aid in the amount of EUR200 million in 2011-2012, for the diesel fuel used in their activity, among other things, and the authorities are also prepari...
Romania Gives Old Oil Blocks To Irish Investors
Romania's Government has added five years to the oil drilling rights held by gas company Romgaz on a surface of 16,200 square kilometers and has signed seven exploration agreements with fore...
Government In Talks To Raise Rosia Montana Participation, Hike Mining Royalties
Romania's Government is in negotiations to increase the state's participation in the Rosia Montana Gold Corporation as well as raise royalties for gold mining, said Alexandru Patruti, head o...
Romanian National Competitiveness Council To Develop Economic Strategy
Romania's Government will create the National Competitiveness Council, whose task will be to develop a new economic strategy concerning competitiveness and to present reports on "the economi...
Romania To Access EU Funds To Assist Nokia Plant's Redundant Personnel
Romanian Labor Minister Sulfina Barbu will be in Cluj county on Thursday to discuss accessing EU funds for the Nokia plant's employees with the County Employment Agency (AJOFM) and the compa...
Romania To Partly Extinguish The Fiscal Debts Of CFR, CNH, Termoelectrica
The Government has enabled fiscal watchdog ANAF to take over assets from mining company CNH and stock from state-owned companies CFR and Termoelectrica, in a bid to reduce the debts owed by...
Romania Draws RON182M From EximBank For Infrastructure Projects
Romanian state-run import-export lender EximBank will transfer 182.3 million lei (EUR42.1 million) to the state budget from its unused profits to finance public infrastructure projects, acco...
First Year Of Finance Minister Ialomitianu’s Term
Georghe Ialomitianu, 52, who has been Finance minister for a year, has remained a low-profile figure on the economic and political scene, but his name has been thrown around whenever a possi...