GOVERNMENT
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State Secretary Adrian Radulescu Resigns To Fill MP Seat
Democrat liberal Adrian Radulescu has resigned from the position of state secretary with the Ministry of Agriculture after he was elected MP early September.
Boc Sends Proposition For European Affairs Minister To Romanian Parliament
Romanian Prime Minister Emil Boc has sent the Parliament the proposition to set up the Ministry for European Affairs, the Government said in a press release Wednesday.
Tourism Ministry Mandated To Begin Constanta Casino Restoration
Romania's Government has authorized the Ministry of Regional Development and Tourism to run the project to restore the Constanta Casino, taken over this summer from City Hall.
Romanian Government Approves Letter Of Intent To IMF Deal
Romanian government Wednesday approved the final version of its letter of intent to a EUR3.5 billion precautionary loan agreement with the International Monetary Fund, following a review mis...
Romania Negotiates Buying Arpechim Refinery From OMV Petrom
Romanian authorities want to buy the Arpechim Pitesti refinery from oil company OMV Petrom (SNP.RO), and the company is willing to start negotiations “as soon as possible”, according to a ne...
Forty-Six Firms Registered For SME Loan Guarantee Program Friday Morning
The Romanian agency for small and medium enterprises on Friday have received 46 requests from firms to register for the “Mihail Kogalniceanu” program, through which the Government guarantees...
Finance Ministry Set To Exit Fondul Proprietatea In October
The last 827 million shares the Romanian Government still holds in investment fund Fondul Proprietatea (FP.RO) will be used up for compensations to former owners in two months at most.
EXCLUSIVE: Private Managers May Earn Millions Of Euros Leading Romanian State Companies
The private sector managers that will be appointed to lead Romanian state-owned companies could earn as much as EUR75,000 gross per month, plus millions of euro per year in the case of highl...
Romania To Pay Farmers EUR3.7M For Losses Caused By E-coli Scare
Romania’s Government decided Wednesday to pay vegetable producers EUR3.75 million to compensate for their losses caused by the E-coli epidemic scare in May-June 2011, said Agriculture Minist...